HomeNewsBase Developers Gain Advanced Capabilities with Chainlink Automation Integration

Base Developers Gain Advanced Capabilities with Chainlink Automation Integration

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  • Chainlink Automation is now available on Base, the layer-2 network incubated by Coinbase, offering developers advanced smart contract automation capabilities.
  • This integration promises up to a 90% reduction in gas costs and unlocks new possibilities for complex computations in Web3 applications.

A New Era for Web3 Development:

Chainlink, a leading decentralized computing platform, has officially launched its Chainlink Automation service on Base, a scalable layer-2 blockchain created and incubated by Coinbase. This groundbreaking integration equips Base developers with unparalleled smart contract automation capabilities, marking a significant advancement in the field of Web3 development.

Revolutionizing Smart Contract Automation:

Chainlink Automation stands out as the most secure, reliable, and cost-effective automation service for Web3 developers. With its launch on Base, developers now have the ability to delegate compute-intensive tasks to the Chainlink Network. This not only maintains the high standards of blockchain verifiability but also substantially reduces gas costs by up to 90%.

Johann Eid, Chief Business Officer at Chainlink Labs, emphasized the significance of this collaboration, stating,

“Combining Chainlink’s offchain computation capabilities with Base’s highly scalable layer-2 network enables developers to create next-generation Web3 experiences that support the adoption of the verifiable web.”

Expanding the Horizons of Smart Contracts:

The integration allows developers to significantly increase the computational power within their smart contracts. This opens up a myriad of advanced use cases, previously limited by onchain computation constraints. Automation introduces a diverse array of triggers, enabling seamless connections between multiple decentralized applications (dApps). For instance, smart contracts can now respond to log events emitted onchain, functioning similarly to the pub/sub messaging bus used in Web2, thus facilitating powerful and complex messaging and integration capabilities.

Jesse Pollak, Creator of Base, expressed excitement about the potential of Chainlink Automation, stating,

“Being able to offload compute-heavy tasks to the Chainlink Network expands the use cases that Base developers can realize.”

Chainlink’s Expanding Suite on Base:

With Chainlink’s suite of services, including CCIP, Data Feeds, and now Automation, available on Base, developers are equipped with sophisticated tools to develop a new generation of hyper-scalable applications. This suite represents a major step forward in the evolution of blockchain technology, offering solutions that address some of the most pressing challenges faced by Web3 developers today.

About Chainlink:

Chainlink is renowned as the industry-standard decentralized computing platform, playing a pivotal role in powering the verifiable web. It has facilitated over $9 trillion in transaction value, serving various sectors such as banking, DeFi, global trade, and gaming. Chainlink‘s contributions are instrumental in the development of verifiable applications and high-integrity markets across multiple industries.

Developers interested in utilizing Chainlink Automation can access detailed information and get started by exploring the official documentation on the Chainlink website.

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Bhushan Akolkar
Bhushan Akolkar
Bhushan is a FinTech enthusiast and possesses a strong aptitude for understanding financial markets. His interest in economics and finance has drawn his attention to the emerging Blockchain Technology and Cryptocurrency markets. He holds a Bachelor of Technology in Electrical, Electronics, and Communications Engineering. He is continually engaged in a learning process, keeping himself motivated by sharing his acquired knowledge. In his free time, he enjoys reading thriller fiction novels and occasionally explores his culinary skills. Business Email: info@ethnews.com Phone: +49 160 92211628