Zug, Switzerland, September 22, 2022, Chainwire
Unveiling multiple technological breakthroughs, SupraOracles is pleased to announce its new cross-chain Oracle infrastructure that enables highly accurate, robust data transfer across a wide range of blockchains and DLTs with only 3-5 seconds of finality. Now, with more than 550+ integration partners signed up, they are officially announcing the launch of their Alpha testnet as they head to mainnet in early 2023.
To boost momentum, Supra has partnered with Dorahacks, the host of BNB Grants and BNB Global Hackathons, by sponsoring and offering its oracle service to over 4,000-5,000 developers worldwide. Developers interested in adding this new institutional oracle to their Web3 toolkit are invited to sign up for the Supra Network Activate program: https://join.supraoracles.com/network-activation-program
Oracles play a key role in Web3 projects. Developers need oracles to securely connect their decentralized applications (dApps) to timely, accurate data coming from other blockchains or real-world sources. This opens up a world of use cases, such as exotic derivatives backed by real-world assets, options markets, multilateral clearing and settlement via public blockchains and DLT networks, which are otherwise simply not feasible with established oracles today.
Supra’s PhD-driven research team, led by the renowned Dr. Aniket Kate, has prioritized some new principles in their design that set a new gold standard for how oracles should perform. The most critical are core data security, node decentralization and consensus, data origin auditability, and cost-efficient, predictable budgeting for consumers.
With these innovations, Supra has gained recognition from Web3 incubators such as Mastercard’s Start Path program, Silicon Valley’s Berkeley Blockchain Xcelerator, and Silicon Valley’s Plug and Play, which recently made Supra their top 10 emerging Web3 projects.
Supra is approaching the launch of their boosted testnet in the fourth quarter, with a roadmap of activities for developers to start testing:
- 2022 Early October: Launch of Data Dashboards, documentation for Ethereum, BNB Chain, Polygon, Avalanche, Aptos testnet chains
- 2022 End of October: Supra’s VRF Service Documentation
- November 2022: Launch of Node Operators Onboarding
- December 2022: Incentivized testnet live, white papers revealed
- 2023 Early Q2: Mainnet goes live
Node operators interested in Supra’s block rewards and incentive programs are invited to join the Discord community to learn more: https://discord.io/supraoracles.
SupraOracles CEO, Joshua Tobkin commented, “We’ve built oracles that will undoubtedly exceed typical expectations of cross-chain solutions, and we’re proud to bring a world-class product to the industry to help blockchains do even more incredible things.” to do .”
SupraOracles empowers oracles for a better, decentralized future. Blockchains need better, faster, more accurate and more secure off-chain data. SupraOracles provides a next-generation cross-chain Oracle solution to make smart contracts and blockchain apps work better.
After more than 5 years of research and thousands of hours of R&D and simulations, SupraOracles’ revolutionary technical breakthrough helps solve the Oracle dilemma while improving performance across the board. The team’s academic spirit is the foundation of the organization, reinforcing their commitment to deep research and rigorous scientific process in everything they design and build.
Christopher Sealey, Media Contact, Supra Oracles, [email protected]