Radix partners with Chainlink

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What is Chainlink

Chainlink (LINK) is a decentralized oracle network that aims to connect smart contracts with real-world data.
-What we have to say for Oracle is that a user requesting access to off-chain data can submit a request agreement to the Chainlink network. These contracts match the demand contract with the appropriate oracles. Contracts include a reputation agreement, a sequence matching agreement, and a build agreement. The compilation agreement aims to find the most accurate result by collecting the data of the chosen oracles.

How Radix Uses Chainlink Oracles

Bringing multiple solutions to Mainstream DeFi’s problems, Radix is committed to ensuring that its developers and users can access the best of the best as soon as possible.

The Features it Brings

  • High-Quality Price Data
  • Decentralized Oracles
  • Sybil Resistant Nodes

Chainlink/Radix Integration Schema

The first phase of integration will consist of two parts:
1) Additions to the Chainlink Node software to allow it to connect directly to the Radix network
2) the creation of native Radix “smart contracts” required to generate Chainlink data
Chainlink/Radix integration to look like:

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