News on Base

Oracles Projects on Base Layer 2

Oracles

Oracle projects play a crucial role in connecting the blockchain world with real-world data, and Base’s Layer 2 technology provides a perfect environment for these essential services. By utilizing Base’s scalable, efficient, and cost-effective infrastructure, oracle projects can deliver data to smart contracts and decentralized applications with minimal latency and reduced gas fees. This enables decentralized applications built on Base to access accurate, secure, and reliable data feeds that drive their functionality. With the backing of Coinbase and the security of Ethereum, oracle projects on Base can effectively bridge the gap between the physical and digital worlds, fueling the growth of the decentralized ecosystem.