ColdStack Integrates Chainlink Keepers to Boost Automation

ColdStack is excited to announce it has integrated Chainlink Keepers on BSC mainnet. Chainlink is the industry-leading solution for decentralized off-chain data and computation services. It offers secure smart contract automation through Chainlink Keepers, which recently launched on Binance Smart Chain (BSC). By integrating Chainlink Keepers, Coldstack is furthering its commitment to transparency.

ColdStack is a decentralized system based on blockchain technologies. As an abstraction layer, ColdStack helps users who require decentralized cloud storage to seamlessly access one of a multitude of options, such as FIL (Filecoin), SC (SiaCoin), AR (Arweave), STORJ, and even our own CLS (ColdStack) token.

In order to provide a seamless billing experience for our customers, we have integrated Chainlink Keepers to complement our previous integrations of Chainlink AnyAPI and Chainlink Price Feeds. This combination enables ColdStack to provide the most up-to-date and accurate data storage prices to our clients — and automate the calculations for billing costs with Chainlink Keepers.

The Chainlink Keeper Network is a decentralized network of nodes that projects can use to automate smart contract execution. This helps ensure that functions are run in a hyper-reliable, decentralized, and cost-effective way. These nodes are run by the same professional DevOps teams that help secure billions of dollars for leading DeFi protocols.

After searching through a multitude of smart contract automation services, we selected Chainlink Keepers once they went live on BSC for several reasons:

• High Uptime — Chainlink Keepers are run by the same professional DevOps teams that have an established on-chain performance history of providing highly reliable data to Chainlink Price Feeds during extreme network congestion and market volatility.
• Low Costs — Chainlink Keepers have several gas-optimizing features that lower the costs of automating maintenance tasks for users, including a rotating node selection process to prevent gas price auction wars and stabilize costs.
• Decentralized Execution — Chainlink leverages a decentralized and transparent pool of Keepers to help provide strong guarantees around secure contract automation, saving teams time and mitigating the risks around manual interventions or centralized servers.
• Expandable Computation — Chainlink Keepers perform off-chain computations and generate calldata verifiable by smart contracts, allowing developers to build advanced, trust-minimized dApps at lower costs.

“ColdStack is already using other Chainlink services to support its operations, so integrating Chainlink Keepers was an easy decision. With Keepers, we have upgraded our existing solution with secure smart contract automation technology, enabling us to replace manual functions and thereby boost reliability.”

ColdStack CEO Alexander Shishow

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.

About ColdStack

ColdStack is a unified protocol which allows for the aggregation of DSNS such as Filecoin, Storj, and Arweave. Coldstack enables the easy use of these platforms without significant integration efforts, regardless of an individual’s familiarity with DSNs. As the first-to-market Decentralized Cloud Aggregator, ColdStack offers a single-entry point to any DSN, optimizing the final costs for consumers with our proprietary AI-based pipeline. Much like how 1inch sources liquidity from a number of different exchange pools, ColdStack supplies its users with the most affordable and convenient way to access storage space from any decentralized cloud.

Follow ColdStack:

Official website: https://coldstack.io
Twitter: https://twitter.com/coldstack_io
Telegram: https://t.me/coldstackio
Medium: https://medium.com/coldstack