Witnet integrated on Syscoin layer 2, Rollux

After integrating on the innovating Syscoin layer 1, Witnet has been added to the layer 2 rollup named Rollux.

Rokowski

Published in

The Witnet Oracle Blog

2 min readSep 28, 2023

What is Witnet?

Witnet is a layer 1 multichain decentralized oracle network that is powered by its own native coin, the $WIT coin. Witnet does one thing very well, and that is to provide secure data input to all integrated chains in an efficient and fully decentralized manner. Because nodes are cryptoeconomically incentivized to remain honest, we don’t need to trust that they are telling the truth, but rather verify it’s in their best interest to do so.

Witnet operates on 28 different EVM compatible chains at the moment fulfilling over 300 unique data requests that independently require thousands of $WIT in collateral to ensure the data feeds are secure.

What is Syscoin?

Syscoin is an advanced ecosystem that spans along a variety of products and tools for developers looking to leverage blockchain technology to build secure decentralized applications both within the realm of DeFi and beyond. Syscoin utilizes and exciting merge-mining algorithm that is paired with Bitcoin mining to help secure the main chain. With the layer 1 being ultra-secure, they’re able to add new layers upon the base without sacrificing security. Rollux is one example of this.

What is this collaboration?

This is another step forward in the partnership with Syscoin, as Witnet was integrated onto the layer 1 last summer. In an effort to continue providing decentralized and secure price feeds, Witnet integrated on the layer 2 to allow developers the ability to access off-chain data seamlessly.

Syscoin developers can now test Witnet data feeds on Rollux testnet and prep for the mainnet launch in the coming weeks. If you’re looking to do so, you can begin here with the SYS/USDT feed.

This continued collaboration proves Witnet is a strong oracle that is sought out because of its advanced properties and ability to provide secure data input without having to trust the messenger; a true innovation in distributed computing.

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