Chainlink Announces Sepolia as Main Ethereum Test Network
According to reports, Chainlink posted an article on social media saying that Sepolia test network is now Chainlink\’s main Ethereum test network, and its core …
According to reports, Chainlink posted an article on social media saying that Sepolia test network is now Chainlink’s main Ethereum test network, and its core services such as price information flow, VRF, automation and functions have been running on the network. Developers can use the Chainlink faucet to access Sepolia ETH and LINK.
Sepolia test network is now the main Ethereum test network of Chainlink
Interpretation of the news:
Chainlink, the decentralized oracle network platform, has announced on its social media that Sepolia has become its main Ethereum test network. This announcement is a significant development for Chainlink, as the platform is now moving its core services such as price information flow, VRF, automation, and functions to the Sepolia test network. Developers can access Sepolia ETH and LINK by using the Chainlink faucet.
The decision to make Sepolia the main Ethereum test network is seen as a strategic move by Chainlink. As a test network, Sepolia provides a more efficient and cost-effective platform for developers to test and experiment various smart contract applications that require data feeds. This will enable developers to build dApps that can be used on Ethereum main network with more confidence and ease.
One of the significant features of the Sepolia test network is the use of Proof-of-Authority (PoA) consensus mechanism, which allows for a high degree of scalability without compromising the network’s security. This consensus mechanism replaces the traditional proof-of-work algorithm, which requires significant computational power to maintain the network’s security and integrity.
The use of Sepolia network by Chainlink will bring many benefits to the blockchain community. Developers will be able to test their smart contract applications in a more reliable and efficient environment. Moreover, with the use of Chainlink tinker tools, developers can easily manage and monitor their smart contract data feeds, ensuring the integrity of the data flow and the security of the network.
In conclusion, Chainlink’s decision to use Sepolia as the main Ethereum test network is a significant development for the blockchain industry. It will provide developers with more efficient and cost-effective tools to develop smart contract applications that rely on data feeds. Stay tuned for more updates from Chainlink as the platform continues to lead the way in the oracle network industry.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/5051/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
ETH’s last active supply reached an 8-month high in 5-7 years
According to reports, the last active supply of ETH has just reached 10513544.573 ETH in 5 to 7 years, hitting an 8-month high.
ETH\’s last active supply reached an 8-month high in -
Cypher Capital Seeks $100 Million Funding for Cryptocurrency Investments
It is reported that venture capital firm Cypher Capital is seeking US $100 million in financing. It is reported that Cypher Capital was founded by Bill Qian, t…
-
Bitfinex Launches LDO – A Token for Lido DAO Governance
According to the official announcement, Bitfinex has announced the launch of the native governance token LDO for Lido DAO. The deposit service will be open around 10am UTC on April
-
The total value of StarkNet bridging storage has increased by over 10000 ETHs in the past 10 days
According to reports, according to the latest data from Dune Analytics, the total value of StarkNet\’s Ethereum Layer2 expansion solution for cross chain bridging storage has exceed
-
What mining neocrypt algorithm (what algorithm is used for mining)
What mineral neocrypt algorithm According to IMEOS messages, what mineral neocrypt algorithm? What are the advantages of the Neocrypt algorithm for mining 1. Safety 2. Low handling fees 3. No loss 4. Zero-knowledge proof (Zcash) 5. Privacy protection and scalability 6. Ease of use 7. Anonymity and Tamper resistance features 8. Continuously process transactions 9. Decentralized exchanges 10. Smart contract development tool code 11. Open source projects What algorithms are commonly used in mining? In the early days of Bitcoin, we used a “proof of work” mechanism. This is one of the consensus mechanisms used to ensure the network security of Cryptocurrency (because it does not depend on computing resources) However, with the continuous development and improvement of the blockchain industry, these consensus protocols are becoming increasingly difficult to match with existing technologies. For example, Ethereum’s forked coins can be changed into different versions; Litecoin can also use the same code, but they also have some differences: a token has…
-
The Growth of Ethereum Layer 2 Network: A Look into Record-High TVL
According to reports, data shows that the total lockup volume (TVL) of the Ethereum Layer 2 network has exceeded $9 billion, hitting a record high, currently around $9.01 billion.
-
The Importance of Accelerating Regulatory Mechanisms for Digital Finance
According to reports, Vice President Xuan Changneng of the People\’s Bank of China stated at the \”Financial Infrastructure and Financial Services in the Digital Era\” roundtable at t
-
What is Miami Coin (Latest News about Miami Coin)
What is Miami Coin? Editor\’s note: This article is from Zhi Kuang University (I
-
Helius Launches Solana NFT Compression to Reduce Costs for Developers
On March 10, Helius, a provider of Solana development tools, has launched Solana NFT Compression. Developers can cast a large number of NFT at low cost through…
-
When will Bitcoin production halve (Bitcoin production halve every 4 years)
When will Bitcoin production halve? With the decrease in blockchain rewards and the rise in Bitcoin prices, more and more people are paying attention to the upcoming round of mining difficulty adjustment (Bitcoin DifficultyReduction) According to the latest data statistics from BTC.com, currently 6 nodes have achieved mining computing power exceeding 1EH/s. Five of them are the ‘Proof of Capacity’ (POC) consensus algorithm, which means that if all transactions on the Bitcoin network are packaged in a new block, no one can use the blockchain to run validation programs, then this number will increase significantly. In addition, from a technical analysis perspective, it is expected that more miners will join in the new mining The other one is from Japan. According to Cointelgraph, the Japanese government announced on April 24 that it would implement a strict regulatory system for Gopax, the Cryptocurrency exchange. Previously, the Financial Services Agency of Japan had issued the “Notice on Strengthening the Management of Virtual…
-
Dmail Integrates with Conflux eSpace to Bring Web3 Encrypted Mail Services to Conflux Users
It is reported that Dmail, a Web3 infrastructure based on multi-chain deployment, announced the integration of Conflux eSpace, supporting Conflux users to log in to Dmail and recei
-
According to the Latest News, Hong Kong Will Be Hosting Wave Field TRON’s “2023, Where Are the Opportunities for METAVERSE” at the HKCEC
According to the latest official news, the 2023 Hong Kong Web 3.0 Carnival sub forum named by Wave Field TRON, \”2023, Where Are the Opportunities for METAVERSE\”, will be held at th
-
Russian CBDC Pilot: Delays and Changes
It is reported that due to the legislative process, the Russian CBDC pilot will not start on April 1, and the legislation may be finally promulgated in early May. The number of pri
-
What bank card can be used OTC (What bank card can minors apply for)?
What bank card can be used OTC? How to use the bank card OTC counter, transacti
-
Offchain Labs Develops Defense Mechanism to Prevent MEV Witching Attacks
On February 27, the Arcitrum development team Offchain Labs is developing a defense mechanism entitled \”Add random number of relay client connections\” to preve…
-
Hong Kong to Release Cryptocurrency Exchange Licensing Guidelines Next Month: A Comprehensive Overview
According to reports, the Hong Kong Securities and Futures Commission (SFC) will release guidelines on the cryptocurrency exchange licensing system next month. Julia Leung, Chief E