KCN: ETHEREUM CLASSIC LABS PARTNERS WITH CHAINLINK

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ETC Labs has partnered with Chainlink to provide decentralized oracles in Ethereum Classic.

Cooperation will be aimed at solving the problem of blockchain interaction with off-chain services. Oracles solve this problem by creating a bridge between blockchains and the outside world. Oracles enable this off-chain connectivity for the smart contract by reformatting external connection points (APIs) so that two different software applications are compatible for data exchange. The oracles can then pull data into the smart contract and/or execute actions on external systems based on pre-defined instructions. According to the official press release of Ethereum Classic Labs. Stay with us. See you soon!

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