Beyond Interoperability
Limitless Onchain Development With Custom Oracle Feeds, For Any Data
Last updated
Limitless Onchain Development With Custom Oracle Feeds, For Any Data
Last updated
SEDA is a programmable oracle infrastructure that provides an upgraded oracle experience for developers across three key areas: Data Feed Configuration, Data Access and Data Transmission.
In its current state, blockchain apps remain stuck in a cycle of repetition. Traditional oracle models focus primarily on a single - default data type, such as price feeds. As traditional oracles were built for a Web3 landscape that was essentially DeFi-centric, the vast majority of data feeds available revolved around decentralized finance. With developers restricted to ingesting the same data feeds, we see a repetition of the same apps being built, shared across different networks.
Interoperability 3.0 and Chain Abstraction will act as a catalyst to an increase on-chain app development. By abstracting the complexities associated with building on-chain, and providing a unified, interconnected chain-scape for builders, on-chain app development can be as easy as Web2.