Chainlink

<p>In a groundbreaking move today, Chainlink Functions, a revolutionary product developed by <a href="https://chain.link/" rel="noopener noreferrer nofollow">Chainlink</a>, has officially launched on Base—a rapidly scalable layer-2 blockchain fostered by Coinbase and anchored by <a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum</a>.</p><p>This integration heralds a new era for smart contract developers on Base, providing them with unparalleled access to trust-minimized computing infrastructure. With Chainlink Functions, developers can effortlessly interface their smart contracts with external APIs and execute customized co]mputations, all within the secure confines of Base’s ecosystem.</p><h2 id="header-0">Empowering Developers with Decentralized Compute Solutions</h2><p>Chainlink Functions introduces a serverless, developer-friendly platform tailored to the needs of the blockchain community. This innovative tool empowers developers to seamlessly integrate their smart contracts with various APIs and conduct trust-minimized computations. Acting as a decentralized compute runtime, Chainlink Functions offers a range of functionalities, including testing, simulation, and execution of custom offchain logic for Web3 applications.</p><p>Essentially, it serves as a decentralized, blockchain-integrated alternative to conventional serverless solutions like AWS Lambda and GCP CloudFunctions, offering enhanced security and reliability.</p><p>Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs, expressed his enthusiasm for the collaboration, emphasizing Base’s prowess as a high-performance layer-2 solution that fosters scalability and innovation in the blockchain space.</p><p>“Functions will provide developers on Base with increased flexibility, courtesy of Chainlink’s robust infrastructure,” remarked Karakostas, highlighting the potential for Chainlink Functions to catalyze groundbreaking developments within the Base ecosystem.</p><h2 id="header-1">Base: Pioneering Ethereum Layer-2 Infrastructure</h2><p>Base, engineered as an Ethereum layer-2 solution, stands as a testament to the ongoing evolution of blockchain technology. Designed to offer the security, stability, and scalability necessary for decentralized applications (dapps) to thrive, Base serves as the on-chain hub for Coinbase products, users, and assets. By seamlessly integrating with Ethereum L1, Coinbase, and other interoperable chains,</p><p>Base facilitates the seamless deployment of EVM codebases while minimizing costs for users. Tom Vieira, Head of Product at Base, lauded the integration of Chainlink Functions as a testament to Base’s commitment to advancing developer capabilities and embracing trusted technologies within its ecosystem.</p>

Chainlink Functions Launches on Base, Propelling Smart Contract Innovation to New Heights

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