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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Chainlink launches data oracles on Arbitrum One's Ethereum scaling solution

Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on the layer-two.

Leading data oracle provider Chainlink has announced its successful launch on Arbitrum One — the beta mainnet deployment of layer-two Ethereum scaling solution, Arbitrum.

Announced August 12, the launch will allow developers building on Arbitrum One to access financial market data directly on-chain, providing enhanced functionality to decentralized exchanges, algorithmic stablecoins and other advanced DeFi products on the Arbitrum One network.

Many leading DeFi protocols have already expressed an intention to use Chainlink’s data oracles for their Arbitrum deployments, including Aave, MCDEX, and Tracer DAO. Ed Felten, co-founder of Offchain Labs — the team behind Arbitrum, stated:

“Providing smart contract developers on Arbitrum One with native access to Chainlink's oracle networks was crucial to ensure all of the smart contract use cases that exist on the Ethereum blockchain can be seamlessly ported over to Arbitrum with next to zero changes.”

While only Chainlink’s USD-denominated price feeds are live currently, the team plans to quickly launch new price and data pairings, noting growing demand for “hybrid on-chain/off-chain smart contracts” in the sporting, gaming and nonfungible token sectors. 

Chainlink also plans to launch its Verifiable Random Function on Arbitrum One, enabling provably fair random number creation for games and other applications. Chainlink’s Proof of Reserve service will also launch on Arbitrum One, allowing collateralized assets to be audited and any web API to be called.

Related: Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols

Offchain Labs launched Arbitrum One in late May, marking a major milestone in the growth of Ethereum’s layer-two ecosystem. The network has since attracted many leading teams building on Ethereum, including Reddit, Uniswap, and SushiSwap — which this week described Arbitrum as a “credibly neutral” solution unlike rival rollups solutio Optimism, which refused to whitelist the exchange.

Optimism has also made significant recent progress, with Synthetix enabling trading on the layer-two scaling solution two weeks ago.

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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment
Read more