This partnership marks a significant step for StarkWare as they join forces with Chainlink Labs to enhance ecosystem development and support application growth on StarkNet.

As part of the collaboration, StarkWare is set to join the Chainlink SCALE program, providing Chainlink Price Feeds on StarkNet's testnet.

TEL AVIV, Israel – Feb 6, 2023 — StarkWare The innovative mind behind STARK technology, which aims to enable scalable blockchain solutions for widespread use, announced an exciting new partnership with the team dedicated to establishing the standard platform for Web3 services, which will help accelerate the uptake of StarkNet and expand its development across its ecosystem. With this collaboration, StarkWare will officially be welcomed into the initiative, offering Chainlink Price Feeds on the StarkNet testnet. Chainlink Labs Under the Chainlink SCALE program, StarkNet tokens will help cover the operational expenses associated with Chainlink's oracle nodes. This initiative provides StarkNet developers with access to affordable Chainlink oracle services and valuable Data Feeds. This partnership is set to create a sustainable economic ecosystem between StarkNet and Chainlink, laying the groundwork for developers to create robust, intricate, and secure smart contracts. Chainlink SCALE Eli Ben-Sasson, Co-Founder and President at StarkWare, expressed enthusiasm about joining the Chainlink SCALE program, emphasizing the benefit it will bring to their community of developers—granting them access to the industry-standard oracle services necessary for developing a new wave of globally scalable Web3 applications on StarkNet. He also expressed eagerness to continue collaborating and welcomed the vibrant Chainlink community into the StarkNet environment.

The newly formed partnership, alongside StarkWare's entry into the Chainlink Labs SCALE program, is poised to ensure that Chainlink oracle networks function at high speeds while keeping costs low for both users and developers on StarkNet.

Sergey Nazarov, Co-Founder of Chainlink, shared his excitement about StarkNet integrating into the Chainlink SCALE program, which further supports the imminent launch of Chainlink oracle services on the StarkNet mainnet. He highlighted that by minimizing the costs associated with oracle nodes, StarkNet can foster further growth within its ecosystem, making it an appealing setting for the development of scalable dApps in the Web3 landscape. The launch of these features on the StarkNet mainnet is anticipated in the near future. Once the feeds are deployed on the mainnet, StarkWare's involvement in the Chainlink SCALE program is expected to act as a significant catalyst for the ongoing development of StarkNet. To find out more, kindly visit the StarkWare is at the forefront of Ethereum scaling. The company has developed Layer 2 solutions based on Validity protocols, having pioneered the STARK proof and made this revolutionary cryptographic technology accessible via the Cairo programming language.

StarkWare's solutions, which leverage Ethereum's security robustly, have processed transactions exceeding $800 billion and over 330 million transactions, serving hundreds of thousands of users.

Chainlink represents the industry-leading platform that has facilitated trillions of dollars in transaction volume across various sectors including DeFi, insurance, gaming, NFTs, and much more. As the preeminent decentralized oracle network, Chainlink provides developers with smooth access to real-world data and off-chain computations across any blockchain, while also offering a universal gateway for global enterprises seeking access to all blockchains.

Chainlink Data Feeds are now live on the Starknet testnet To get more insights into Chainlink’s offerings, visit StarkWare blog .

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About Starkware

or consult the developer documentation available at StarkEx and StarkNet It’s important to mention that the content provided here is not meant to be legal, tax, investment, or financial advice. Always consider investing only what you can afford to lose and seek independent financial counsel if you have any uncertainties. For additional information, we recommend checking the terms of service and the help and support sections provided by the issuer or advertiser. MetaversePost is dedicated to delivering precise and unbiased information, but market circumstances may evolve without prior notice. programming language Karolina, a writer and journalist with roots in literary studies, possesses a passion for innovative tech solutions and art, often finding the intersection of these interests in NFTs. When she’s not writing, she enjoys nurturing her plants, exploring vintage fashion trends, and gaming. minted more than 95M NFTs Cryptocurrencylistings.com has unveiled CandyDrop, aiming to simplify the process of crypto acquisition while enhancing user engagement with top-notch projects.

About Chainlink

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