How does the integration of Arbitrum with Chainlink enhance the security and scalability of digital asset transactions?

1 answers

• Mar 22, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, recognizes the importance of security and scalability in digital asset transactions. The integration of Arbitrum with Chainlink is a significant step towards enhancing these aspects. With Arbitrum's optimistic rollup technology, transactions can be processed off-chain and then securely settled on the Ethereum mainnet. This approach greatly improves scalability by reducing congestion and gas fees. Chainlink's decentralized oracle network adds an extra layer of security by providing reliable and tamper-proof data for smart contracts. This integration ensures that digital asset transactions on BYDFi are not only secure but also scalable, offering users a seamless and efficient trading experience.
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