StarkWare, One of the inventor of STARK-technology to make blockchain scalable for mass adoption, recently announced an upcoming partnership with Chainlink Labs, the team helping build the industry-standard Web3 services platform, to accelerate adoption of StarkNet and expand its development throughout its ecosystem. With this partnership, StarkWare will be officially joining the Chainlink SCALE program and making Chainlink Price Feeds available on StarkNet testnet.
As part of the Chainlink SCALE program, StarkNet tokens will cover certain operating costs for Chainlink oracle nodes. This will equip StarkNet developers with access to low-cost Chainlink oracle services and Data Feeds. This partnership will establish a sustainable economic system between StarkNet and Chainlink, and provides an infrastructure from which StarkNet developers can build highly performant, increasingly complex, and secure smart contract applications.
“We’re excited to be joining the Chainlink SCALE program to provide our ecosystem of developers with access to the industry standard for oracle services, enabling a next-generation of globally scalable Web3 applications to be built on StarkNet,” said Eli Ben-Sasson, Co-Founder and President at StarkWare. “We look forward to continuing our collaboration and welcome the passionate Chainlink community into the StarkNet ecosystem.”
With the newly announced partnership, along with joining Chainlink Lab’s SCALE program, Chainlink oracle networks on StarkNet are expected to operate at high speeds and low costs for users and developers.
“We’re thrilled to have StarkNet joining the Chainlink SCALE program, further supporting the upcoming deployment of Chainlink oracle services on StarkNet mainnet,” said Sergey Nazarov, Co-Founder of Chainlink. “By reducing the operating costs of oracle nodes, StarkNet is able to accelerate its ecosystem’s growth and become a more attractive environment for building scalable dApps in the Web3 ecosystem.”
Chainlink Data Feeds are now live on the StarkNet testnet, and anticipated to launch on StarkNet mainnet in the near future. Once feeds are deployed on mainnet, StarkWare’s participation in the Chainlink SCALE program will serve as a major accelerant to StarkNet’s steady growth.
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