Zug, Switzerland, September 22, 2022, Chenwire
Unveiled multiple technological breakthroughs, Super oracles Excited to announce its new cross-chain oracle infrastructure that enables powerful and highly accurate data transfer across multiple blockchains and DLTs with a timeout of only 3-5 seconds. Now, with over 550 partner site integrations, they are officially announcing the launch of the Alpha testnet as they advance toward the mainnet in early 2023.
To drive momentum, Supra has partnered with Dorahacks, host of BNB Grants and BNB Global Hackathons, by sponsoring and providing oracle service for more than 4,000 to 5,000 developers worldwide. Developers interested in adding this new enterprise level Oracle to their Web3 toolkit are invited to apply to the Supra Network Activate Program:
Oracles play a major role in Web3 projects. Developers need oracles to securely connect their decentralized applications (dApps) with accurate and timely data originating from other blockchains or real-world sources. This opens up a world of use cases such as exotic real-world asset-backed derivatives, options markets, multilateral clearing and settlement over public blockchains and DLTs, which are otherwise not feasible with existing oracles.
The Supra PhD research team, led by renowned Dr. Aniket Kate, has prioritized a number of new principles in their design that bring a new gold standard for how oracles should perform. The most important are security of underlying data, decentralization of contract and consensus, data source auditability, and cost-effective and predictable budgeting for consumers.
Through these innovations, Supra has gained recognition from Web3 incubators such as Mastercard’s Start Path, Berkeley Blockchain Xcelerator and Silicon Valley’s Plug and Play, which recently selected Supra among Top 10 Emerging Web3 Projects.
Supra is close to launching its incentivized beta network in the fourth quarter, with a roadmap that includes activities for developers to begin their testing:
- 2022 Early October: Launch of Data Dashboards, Documents for Ethereum, BNB Chain, Polygon, Avalanche and Aptos testnet chain
- 2022 Late October: Supra VRF Service Documentation
- November 2022: Launch of Node Operators Onboarding
- 2022 December: Testnet live demo and white papers unveiled
- 2023 early second quarter: Mainnet launch
Node operators interested in learning about Supra’s block rewards and spurs are welcome to join the Discord community to learn more: https://discord.io/supraoracles.
SupraOracles CEO Joshua Tobkin commented, “We have built Oracles that will undoubtedly exceed the typical expectations of cross-chain solutions, and we are proud to offer a world-class product to the industry to help blockchains do more great things.”
Super oracles It is a supercharged oracle for a better decentralized future. Blockchains need better, faster, accurate and more secure off-chain data. SupraOracles provides the next generation of oracle solutions across the chain so that smart contracts and blockchain applications work better.
After more than 5 years of research, and thousands of hours of research, development and simulation, SupraOracles’ revolutionary technology breakthrough helps solve Oracle’s dilemma while improving performance across the board. The team’s academic mindset forms the cornerstone of the organization and underpins their commitment to deep research and a rigorous scientific process in everything they design and build.
- Christopher Seely
- Super oracles
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