The Oraichain team addresses artificial intelligence-powered blockchain infrastructure and oracle systems. Now, it is ready to advance the developer experience and functionality of Avalanche-powered decentralized applications (dApps).
Oraichain releases Verifiable Random Function (VRF) on Avalanche
As stated by the official announcement shared by Oraichain, an AR-powered infrastructure builder for various blockchain systems, its fully on-chain Verifiable Random Function (VRF) is successfully launched on Avalanche (AVAX).
Immediately Oraichain releases its product on Avalanche (AVAX), all developers focused on this blockchain will get a publicly verifiable random number generator for their needs. For example, it deletes the need for gambling protocols and DeFi platforms to connect third-party solutions through APIs.
Using a decentralized oracle platform reduces the possibility of attacks: no malefactor can corrupt on-chain solutions or somehow interfere with them.
To get this done, the tamper-proof and transparent Verifiable Random Function (VRF) by Oraichain utilizes the group signature confirmation process
As a dApp request verified randomness, Orachain transfers it through the Orachain-Avalanche bridge in a nearly instant noncustodial manner.
First-ever VRF module for low-code programmers
The same cross-chain bridge is used to send publicly verifiable random values to the VRF contract, and then, to a requesting decentralized application (dApp).
Oraichain CEO Chung Dao stresses the importance of this release for Avalanche-focused developers and the entire Web3 infrastructure segment:
With the introduction of Oraichain VRF 2.0, for the first time, Dapps running on Avalanche are now provided with a fully on-chain VRF service that is publicly verifiable and impervious from known abuses like rewrite attacks or rerolling.
Owing to its plug-and-play Lego-like infrastructure, Oraichain VRF 2.0 can be used and integrated even by developers with limited skills in smart contracts programming.
As such, the release of this protocol can support application migration from Web2 to Web3.