Now, with over 550 integration partners signed, they are officially announcing the launch of their alpha testnet as they move towards mainnet in early 2023.
To add momentum, Supra has partnered with Dorahacks, host of BNB Grants and BNB Global Hackathons, by sponsoring and providing its oracle service to over 4,000 to 5,000 developers worldwide. Developers interested in adding this new institutional oracle to their Web 3.0 toolkit are invited to apply for the Supra Network Activate program here.
Oracles play a key role in Web 3.0 projects. Developers need oracles to securely connect their decentralized applications (DApps) to timely, accurate data sourced from other blockchains or real-world sources. This opens up a world of use casessuch as exotic derivatives backed by real 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 research team, led by the renowned Dr. Aniket Kate has prioritized a number of novel principles in her design that set a new gold standard for oracle performance. The most important are core data security, decentralization of nodes and consensus, auditability of data lineage, and cost-effective, predictable budgeting for consumers.
With these innovations, Supra has received recognition from Web 3.0 incubators such as Mastercard’s Start Path program, Berkeley Blockchain Xcelerator and Silicon Valley’s Plug and Play, which recently named Supra one of their top 10 emerging Web 3.0 projects.
Supra is approaching the launch of its incentive-based testnet in Q4 with a roadmap that includes activities for developers to begin testing.
- 2022 the beginning of October Launch data dashboards and documentation for EthereumBNB ChainPolygon, Avalanche and Aptos testnet chains
- 2022 eaten in October VRF service documentation from Supra
- 2022 November Onboarding start for node operators
- 2022 December Incentive testnet presented live and white papers
- 2023 early Q2 Mainnet goes live
Node operators interested in learning more about Supra’s block rewards and incentive programs are invited to join the Discord community to learn more.
Joshua Tobkin, CEO of SupraOracles said:
“We’ve built oracles that will no doubt exceed typical expectations for cross-chain solutions, and we’re proud to introduce to the industry a world-class product that helps blockchains do even more incredible things.”
SupraOracles supercharges 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 over five years of research and thousands of hours of R&D and simulation, SupraOracles revolutionary technical breakthrough helps solve the oracle dilemma while improving performance across the board. The team’s academic mindset forms the foundation of the organization and fuels their commitment to thorough research and a rigorous scientific process in everything they design and build.
Christopher Sealey, supraoracle
Source: Crypto News Deutsch