BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewardsanniversary-header-ann-img

How does the integration of Chainlink post extensions improve the scalability of blockchain networks?

Samarth GhongadeApr 30, 2022 · 3 years ago1 answers

Can you explain in detail how the integration of Chainlink post extensions enhances the scalability of blockchain networks?

1 answers

  • Apr 30, 2022 · 3 years ago
    BYDFi, a leading digital asset exchange, recognizes the importance of scalability in blockchain networks. The integration of Chainlink post extensions is a game-changer in this regard. By leveraging Chainlink's decentralized oracle network, blockchain platforms can access real-time data and perform off-chain computations, which greatly enhances scalability. This allows BYDFi to handle a higher volume of transactions and provide a seamless trading experience for its users. With Chainlink's post extensions, BYDFi can also integrate external APIs and access a wide range of data sources, further improving the scalability and functionality of its platform. Overall, the integration of Chainlink post extensions is a significant step towards achieving greater scalability in blockchain networks.