Description
Orakuru is a decentralized oracle network based on the Binance Smart Chain (BSC), designed to provide reliable, blockchain-agnostic off-chain data to on-chain smart contracts, effectively bridging the real world with the blockchain. By supplying essential data such as exchange rates and weather statistics, it supports a range of applications within the DeFi space and beyond, including secure financial products and dynamic NFTs. The network relies on a system of nodes that are incentivized to fetch, validate, and deliver accurate data, promoting integrity and reliability. The use of BSC enables high-throughput and low-transaction-cost operations, positioning Orakuru as a community-owned and operated oracle crucial for the development of complex, responsive, and autonomous blockchain applications.
Orakuru is a decentralized oracle network based on the Binance Smart Chain (BSC), designed to provide reliable, blockchain-agnostic off-chain data to on-chain smart contracts, effectively bridging the real world with the blockchain. By supplying essential data such as exchange rates and weather statistics, it supports a range of applications within the DeFi space and beyond, including secure financial products and dynamic NFTs. The network relies on a system of nodes that are incentivized to fetch, validate, and deliver accurate data, promoting integrity and reliability. The use of BSC enables high-throughput and low-transaction-cost operations, positioning Orakuru as a community-owned and operated oracle crucial for the development of complex, responsive, and autonomous blockchain applications.
