Chainlink, a decentralized oracle network, has recently launched its Data Streams and Verifiable Random Function (VRF) on Base, a layer 2 blockchain developed by Coinbase. This announcement was made in a Thursday press release. With these new integrations, Base developers now have access to the entire Chainlink product suite.
“Base’s builder-friendly environment is a perfect match for Chainlink products,” stated Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs.
The introduction of Chainlink’s Data Streams and VRF on Base is aimed at providing developers with the essential tools needed to build high-performance and secure decentralized applications (dApps).
“We are thrilled to see that all of Chainlink’s infrastructure solutions are now available on Base for developers to create next-generation onchain apps,” said Tom Vieira, Head of Product at Base.
Chainlink’s Data Streams offer low-latency market data and automated execution, enabling high-throughput DeFi products to compete with centralized exchanges in terms of speed and user experience, all while maintaining security and decentralization.
This solution allows dApps to access real-time data on demand, rather than receiving regular updates at fixed intervals.
On the other hand, Chainlink VRF introduces secure, on-chain random number generation to support smart contracts on Base. This service is particularly beneficial for building blockchain games, NFTs, and applications that require transparency and fair outcomes.
Chainlink has also mentioned that developers can take advantage of the recent VRF v2.5 upgrade, which offers additional benefits such as low-friction billing, seamless upgrades to future versions, and improved gas consumption prediction. These enhancements open up new possibilities for VRF applications.
The implementation of both Data Streams and VRF is expected to enhance the capabilities of dApps, enabling them to operate more efficiently and securely in a decentralized environment.
“Chainlink Data Streams’ low-latency market data will empower developers to build the next generation of DeFi products, while VRF will allow smart contracts on Base to securely access random number generation,” Karakostas added.
In April, Chainlink Functions were launched on Base, providing developers with access to on-demand API functions and off-chain computations.
