Technical advancements
To empower a broad range of next-generation smart contract applications and use cases, Chainlink 2.0 focuses on oracle technology advances in seven key areas.
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Hybrid smart contracts
Augment the capabilities of smart contracts by securely composing on-chain and off-chain computing resources into hybrid smart contracts.
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Scaling
Ensure decentralized oracle networks achieve the latencies and throughputs required by high-performance blockchains, layer-2 solutions, and Web2 systems.
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Abstracting away complexity
Present developers and users with simple functionality that eliminates the need for familiarity with complex underlying protocols and system boundaries.
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Confidentiality
Catalyze high integrity systems that combine blockchains’ innate transparency with strong confidentiality protections for sensitive data and computations.
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Order fairness
Support transaction sequencing in ways that are fair for end-users and prevent front-running and other forms of value extraction by bots and exploitative miners.
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Trust-minimization
Create a reliable layer of support for smart contracts and other oracle-dependent systems by means of decentralization, cryptographic guarantees, and guardrails.
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Cryptoeconomic security
Ensure nodes in decentralized oracle networks have strong economic incentives to behave reliably and correctly, even in the face of well-resourced adversaries.