September 1, 2022
Razor Network is LIVE on SKALE
If software eats the world, data is the nutrient-rich krill keeping it alive. Between Web3 (think Defi, games, metaverses, or NFTs, to name a few) and Web2, we’re creating 44 zettabytes (44 × 1021 bytes) a day, or 1.7 MB of data per person every second. The combination of on-chain and off-chain data will feed the SKALEverse (and metaverse) of decentralized applications. That means the exponential growth of Web3 will cause an explosion of global data, the likes of which we’ve never imagined. As the on and off-chain data source for blockchain protocols, Oracles will help dApps, projects, or metaverses access the data they need to keep their users happy. That’s why we’re very excited to announce that Razor Network is now live on SKALE.
Razor Network is a blockchain agnostic, decentralized oracle platform designed to meet the diverse requirements of Decentralized Finance. Razor Network is working to create a next-generation oracle system. That focuses on maximum game-theoretical security, fully permissionless, and complete decentralization.
"Skale has amazing features such as multichain support, gas-free transactions, interconnectivity using IMA bridge, and instant finality while still being fully EVM compatible. I think this is one of the best platforms to build, and we are excited to be the first oracle to launch on SKALE." - Hrishikesh H, CEO of Razor Network
Any dApp building on SKALE that needs near real-time data from the internet or external sources, like price feeds, feeding into their smart contracts can utilize Razor Network’s decentralized oracle solution. Razor chose to build on SKALE for various reasons, from zero fee gas to the ability to use all the tools developers are used to working with, it is an attractive choice. For more information on Razor Network, check out the following resources below.
For more information on SKALE:
SKALE is an Ethereum native, modular blockchain network composed of high-throughput, low-latency blockchains that are optimized for Web3 user experience. SKALE chains offer zero gas fees to end-users and have advanced features such as on-chain file storage, interchain messaging, zero-cost minting, ML/AI smart contracts, and enhanced security features.
The SKALE network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization. Welcome to the SKALEverse.