Chainlink Brings Verifiable Data to Scroll’s Zero-Knowledge-Proof-Powered Scaling Solution

Chainlink’s standard for verifiable data has officially launched on Scroll, a zero-knowledge-proof-powered scaling solution on Ethereum. This integration enables developers on the Scroll platform to access Chainlink’s low-latency market data, empowering them to build next-generation decentralized finance (DeFi) applications.

Unlocking DeFi Innovation with Chainlink Data Streams

With Chainlink Data Streams live on Scroll’s mainnet, developers can now leverage a solution that combines low latency and automated execution. This enables the creation of DeFi apps with features such as faster transaction settlement, lower fees, and advanced blockchain functionality.

“Chainlink Data Streams enable Scroll developers to build high-performance dApps underpinned by Chainlink’s decentralized, credibly neutral infrastructure. This provides developers with the tools to unlock new possibilities in DeFi innovation, as we continue to build the Open Economy,”

Raza Zaidi, head of growth at Scroll, emphasized the significance of this integration. The collaboration between Scroll and Chainlink began in August 2023, when Scroll joined the Chainlink Scale program. This partnership accelerated ecosystem growth by providing expert technical support and other services to Scroll’s ecosystem of developers.

Benefits of Chainlink’s DeFi Oracle Infrastructure

Leveraging Chainlink’s DeFi oracle infrastructure offers several benefits, including:

  • Faster transaction settlement and unmatched security
  • Creation of DeFi apps with a better user experience, comparable to traditional finance platforms and centralized exchanges
  • Access to low-latency market data, empowering developers to build high-performance DeFi applications

Scroll launched its mainnet in October 2023, following two years of development. The project has since partnered with various industry players, including Ether.fi, Alchemy Pay, and Nansen, as part of its strategy to drive growth.

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