Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Why the 133k Bitcoin bet of MSTR in 2025 is not nearly over!

2025-06-01

Bitcoin Maxi does not buy a hype around new crypto -holding substances

2025-06-01

Bitcoin can go to the impending correction mode for ‘weeks and weeks’, according to analyst Willy Woo – here is why

2025-06-01
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    VeChain wants to transform the supply chain from Amazon with confidential evidence

    2025-06-01

    Binance and Pakistan IT ministerie Rollen Blockchain Education Program out for 80,000 students

    2025-06-01

    Omnia -Protocol works together with Flare Networks to unlock more private and interoperable Web3 Future

    2025-06-01

    Hodooi and Ice Open Network are a powerful alliance for Web3 Social Expansion

    2025-05-31

    Transition to an internet supported by people

    2025-05-31
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Humans leads $ 3,490,000 from the US government, various companies in bank fraud: Doj

    2025-06-01

    American authorities charge six people in connection with alleged $ 66,000,000 Food Stamp -Fraud schedule

    2025-05-31

    American authorities punish the Philippines-based company for alleged computer infrastructure for crypto pig breaking stop

    2025-05-30

    FBI is looking for victims who are connected to FunNull Pig Butching Crypto Investment SCAM

    2025-05-30

    JPMorgan Chase received a fine of $ 566,082 due to alleged not responding to regulator during the energy crisis

    2025-05-30
  • Analysis

    Bitcoin can go to the impending correction mode for ‘weeks and weeks’, according to analyst Willy Woo – here is why

    2025-06-01

    Cronos Tart Crypto Market Downtick on Friday as asset manager Canary Capital Files for CRO ETF

    2025-05-31

    XRP multi-time frame breakdown: here comes what is there

    2025-05-31

    XRP -Price risks crash under $ 2 if the correction holds, here is why

    2025-05-31

    XRP price objectives recovery – signs of strength arise

    2025-05-31
  • Learn

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27

    Crypto Margin Trading: How It Works and How to Manage the Risks

    2025-05-26

    Wat is circulerende levering in cryptocurrency?

    2025-05-23

    What Is a DEX (Decentralized Exchange)?

    2025-05-21
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»API3’s Bold Bet on Improved Oracle Performance
Blockchain

API3’s Bold Bet on Improved Oracle Performance

2024-06-29No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

API3, a pioneer in decentralized APIs for blockchain platforms, has announced a strategic change in its implementation approach for the upcoming OEV network.

The API3 team initially worked with Polygon, but pivoted after the timeline became too tight for launch. This is because API3 seems to remain flexible in its development and wants to offer a product that is perfectly synchronized with the wishes of markets and developments in technological areas.

The move to Arbitrum Orbit marks the beginning of a new era for API3. This is known as Arbitrum Orbit, which has established itself in delivering an easy-to-launch Layer 2 and Layer 3 network with powerful scalability and efficiency.

As we get closer to the launch of OEV Network, we wanted to give you an important update on the infrastructure decisions made by the API3 Core Technical team.

Initially, we chose to partner with Polygon to launch the OEV network, believing that the Polygon zk rollup… pic.twitter.com/b1o1ndUuiJ

— API3 (@API3DAO) June 27, 2024

Such a move is expected to help accelerate the deployment of the OEV Network, an offering designed for and ensuring broad support in DeFi. API3 is now undertaking closed beta focus group efforts that will pave the way for rapid expansion to full launch.

Leveraging Arbitrum for Enhanced Oracle Services

The strategic shift to Arbitrum Orbit not only underlines API3’s adaptability, but also highlights their continued efforts to leverage cutting-edge technology to better serve the DeFi community. Arbitrum Orbit offers clear advantages in transaction speed, operational costs and scalability; factors that are crucial for the effective functioning of decentralized oracle services.

See also  We tried Fox's Blockchain-based deepfake detection tool. Here's how it went

Through the integration, API3 hopes to redefine what is possible in oracle services, with a focus on how they interact with protocol-maximized extractable value (MEV) solutions.

An OEV network from API3 could provide a much-needed paradigm shift when it comes to decentralized oracle networks. By offering oracle services as part of the MEV recapture protocol solutions, API3 paves the way for creating a more secure and efficient blockchain ecosystem.

Expectations surrounding the OEV network are high as it is expected to bring unprecedented capabilities to DeFi protocols, improving their operational efficiency and security.



Source link

API3s Bet Bold improved oracle performance
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Why the 133k Bitcoin bet of MSTR in 2025 is not nearly over!

2025-06-01

VeChain wants to transform the supply chain from Amazon with confidential evidence

2025-06-01

Binance and Pakistan IT ministerie Rollen Blockchain Education Program out for 80,000 students

2025-06-01

Omnia -Protocol works together with Flare Networks to unlock more private and interoperable Web3 Future

2025-06-01
Add A Comment

Comments are closed.

Top Posts

Dot [DOT] Sees a slowdown in development amid market gains

2024-07-01

Tap into the ETF wave through AI-powered RCO Finance

2024-10-06

200,000 BTC and It Keeps Growing: Will Trump’s Bitcoin Reserve Become a Reality?

2025-01-05
Editors Picks

Bitcoin Bear Market can unfold if these levels break

2025-02-20

Top NFT collections in terms of sales this week

2024-08-05

Why did the Bitcoin price rise today? BTC climbs above $27,000

2023-09-18

XRP Price Prediction 2023 – 2025: When Will XRP Price Hit ATH?

2023-07-30

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Why the 133k Bitcoin bet of MSTR in 2025 is not nearly over!

Bitcoin Maxi does not buy a hype around new crypto -holding substances

Bitcoin can go to the impending correction mode for ‘weeks and weeks’, according to analyst Willy Woo – here is why

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,288.220.11%
  • ethereumEthereum(ETH)$2,495.57-1.71%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.14-0.93%
  • binancecoinBNB(BNB)$650.60-1.14%
  • solanaSolana(SOL)$152.05-2.08%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.189337-1.73%
  • tronTRON(TRX)$0.268055-0.40%
  • cardanoCardano(ADA)$0.66-1.95%
  • suiSui(SUI)$3.282.79%
  • hyperliquidHyperliquid(HYPE)$31.95-1.79%
  • chainlinkChainlink(LINK)$13.84-0.50%
  • avalanche-2Avalanche(AVAX)$20.42-1.03%
  • stellarStellar(XLM)$0.263853-0.43%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-1.03%
  • bitcoin-cashBitcoin Cash(BCH)$400.83-3.58%
  • the-open-networkToncoin(TON)$3.120.74%
  • shiba-inuShiba Inu(SHIB)$0.0000131.39%
  • hedera-hashgraphHedera(HBAR)$0.1662070.74%
  • litecoinLitecoin(LTC)$87.170.29%
  • polkadotPolkadot(DOT)$4.02-1.13%
  • moneroMonero(XMR)$327.290.10%
  • bitget-tokenBitget Token(BGB)$4.68-1.39%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000011-0.68%
  • piPi(PI)$0.640.19%
  • uniswapUniswap(UNI)$6.151.59%
  • aaveAave(AAVE)$241.70-3.29%
  • bittensorBittensor(TAO)$414.432.73%
  • okbOKB(OKB)$49.91-0.57%
  • aptosAptos(APT)$4.69-0.63%
  • nearNEAR Protocol(NEAR)$2.40-1.57%
  • crypto-com-chainCronos(CRO)$0.102649-2.55%
  • internet-computerInternet Computer(ICP)$4.880.98%
  • ondo-financeOndo(ONDO)$0.82-0.36%
  • ethereum-classicEthereum Classic(ETC)$16.80-0.92%
  • gatechain-tokenGateToken(GT)$19.20-0.22%
  • mantleMantle(MNT)$0.670.80%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.221.57%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2122370.34%
  • kaspaKaspa(KAS)$0.084304-1.08%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • vechainVeChain(VET)$0.023912-0.56%
  • render-tokenRender(RENDER)$3.82-0.98%
  • ethenaEthena(ENA)$0.3061290.70%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.74-1.94%
  • worldcoin-wldWorldcoin(WLD)$1.12-2.93%
  • filecoinFilecoin(FIL)$2.53-1.00%
  • bitcoinBitcoin(BTC)$104,288.220.11%
  • ethereumEthereum(ETH)$2,495.57-1.71%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.14-0.93%
  • binancecoinBNB(BNB)$650.60-1.14%
  • solanaSolana(SOL)$152.05-2.08%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.189337-1.73%
  • tronTRON(TRX)$0.268055-0.40%
  • cardanoCardano(ADA)$0.66-1.95%
  • suiSui(SUI)$3.282.79%
  • hyperliquidHyperliquid(HYPE)$31.95-1.79%
  • chainlinkChainlink(LINK)$13.84-0.50%
  • avalanche-2Avalanche(AVAX)$20.42-1.03%
  • stellarStellar(XLM)$0.263853-0.43%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-1.03%
  • bitcoin-cashBitcoin Cash(BCH)$400.83-3.58%
  • the-open-networkToncoin(TON)$3.120.74%
  • shiba-inuShiba Inu(SHIB)$0.0000131.39%
  • hedera-hashgraphHedera(HBAR)$0.1662070.74%
  • litecoinLitecoin(LTC)$87.170.29%
  • polkadotPolkadot(DOT)$4.02-1.13%
  • moneroMonero(XMR)$327.290.10%
  • bitget-tokenBitget Token(BGB)$4.68-1.39%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000011-0.68%
  • piPi(PI)$0.640.19%
  • uniswapUniswap(UNI)$6.151.59%
  • aaveAave(AAVE)$241.70-3.29%
  • bittensorBittensor(TAO)$414.432.73%
  • okbOKB(OKB)$49.91-0.57%
  • aptosAptos(APT)$4.69-0.63%
  • nearNEAR Protocol(NEAR)$2.40-1.57%
  • crypto-com-chainCronos(CRO)$0.102649-2.55%
  • internet-computerInternet Computer(ICP)$4.880.98%
  • ondo-financeOndo(ONDO)$0.82-0.36%
  • ethereum-classicEthereum Classic(ETC)$16.80-0.92%
  • gatechain-tokenGateToken(GT)$19.20-0.22%
  • mantleMantle(MNT)$0.670.80%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.221.57%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2122370.34%
  • kaspaKaspa(KAS)$0.084304-1.08%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • vechainVeChain(VET)$0.023912-0.56%
  • render-tokenRender(RENDER)$3.82-0.98%
  • ethenaEthena(ENA)$0.3061290.70%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.74-1.94%
  • worldcoin-wldWorldcoin(WLD)$1.12-2.93%
  • filecoinFilecoin(FIL)$2.53-1.00%