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API3's Oracle Stack is Now Available on BitLayer

Twitter icon  •  Published 6 महीने पहले on June 19, 2024  •  Hassan Maishera

The AP13 team announced via X on Tuesday that its Oracle Stack is now available on BitLayer, a Bitcoin Layer-2 network.

API3's Oracle Stack is Now Available on BitLayer

The AP13 team announced via X on Tuesday that its Oracle Stack is now available on BitLayer, a Bitcoin Layer-2 network. With this integration, builders can now leverage over 180 decentralized data feeds (dAPIs) on the API3 Market and OEV Network to recapture protocol MEV.

BitLayer is the first Bitcoin security-equivalent Layer 2 based on the BitVM paradigm, which unlocks Bitcoin's full potential. dApps on BitLayer can now simply read verifiable and decentralized data that is maintained onchain, without needing to run any infrastructure.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is currently trading at $2.280, up by 2% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.