Chainlink VRF is Now Live on Arbitrum One | Martech Edge | Best News on Marketing and Technology
GFG image
Chainlink VRF is Now Live on Arbitrum One

technology

Chainlink VRF is Now Live on Arbitrum One

Chainlink VRF is Now Live on Arbitrum One

PR Newswire

Published on : May 22, 2023

Chainlink VRF is the leading random number generator in the blockchain space

 Chainlink, the industry-standard Web3 services platform, and Arbitrum, the most widely used Layer 2 scaling solution suite for Ethereum dApp development, have today announced the launch of Chainlink VRF (Verifiable Random Function) on Arbitrum One.

Chainlink VRF is the industry's most widely adopted random number generator (RNG), fulfilling more than 15.8 million request transactions and currently providing verifiable randomness to more than 6,300 unique smart contracts across multiple blockchains. VRF provides an easy-to-use subscription management app for accessing a secure source of randomness, and empowers smart contract developers to build the next wave of provably fair and scalable NFT and gaming applications.

"Ethereum Layer 2s like Arbitrum play a fundamental role in offloading transaction congestion from Ethereum, without sacrificing the security needed to ensure the healthy growth of the blockchain industry," said Johann Eid, VP of Go-To-Market at Chainlink Labs. "We're excited about the use cases that can now be unlocked by optimizing Chainlink VRF to benefit from the incredible speed enabled by Arbitrum."

Arbitrum One is an optimistic rollup for Ethereum that powers high-throughput, low-cost dApps. Chainlink VRF provides cryptographically secure randomness for blockchain-based applications, and is now available on the Arbitrum network. By combining Chainlink's reliable VRF solution with Arbitrum One's Layer 2 ecosystem, developers now have access to the leading RNG in the blockchain industry.

"The implementation of Chainlink VRF on Arbitrum One is a great win for both the Arbitrum and Chainlink communities," said A.J. Warner, Chief Strategy Officer at Offchain Labs. "Chainlink VRF is a time-tested solution, and its transparency and security is a welcome benefit for Arbitrum users. We look forward to the innovation this sparks with our community and continuing our work with Chainlink Labs in the years to come."

In December 2022, Chainlink Automation went live on Arbitrum One, helping developers build advanced dApps to reliably trigger key smart contract functions.

 

REQUEST PROPOSAL