Cointime

Download App
iOS & Android

Chainlink Automation Is Now Live on Base

Validated Project

January 23, 2024 -- Today, the industry standard Chainlink Automation has gone live on Base—a fast and highly scalable layer-2 blockchain incubated by Coinbase and secured by Ethereum. This integration provides Base developers with verifiable, decentralized, and gas-efficient smart contract automation capabilities.

Chainlink Automation is the most secure, reliable, and cost-effective automation service for Web3 developers. Base developers can now offload compute-heavy tasks to the Chainlink Network, maintaining the verifiability standards of blockchains, but with up to a ~90% reduction in gas costs.

“We’re pleased to bring Chainlink Automation’s high-performance compute to the Base network,” stated Johann Eid, Chief Business Officer at Chainlink Labs.

“Combining Chainlink’s offchain computation capabilities with Base’s highly scalable layer-2 network enables developers to create next-generation Web3 experiences that support the adoption of the verifiable web.”

Developers can also increase the amount of computation that they include in their smart contracts, opening up more advanced use cases. Automation offers a broad set of triggers, unlocking new ways to connect multiple dApps. For example, Automation enables smart contracts to react to log events emitted onchain, acting as a powerful messaging bus that’s similar to the pub/sub messaging bus used to connect microservices in Web2.

“We’re excited to see the next-gen apps that developers can build on Base using the advanced offchain compute capabilities enabled by Chainlink Automation,” said Jesse Pollak, Creator of Base. “Being able to offload compute-heavy tasks to the Chainlink Network expands the use cases that Base developers can realize.”

With a suite of Chainlink services now available on Base, including CCIP, Data Feeds, and Automation, builders have highly advanced tools to develop a new wave of hyper-scalable applications.

If you’d like to get started building right away, explore the official Chainlink Automation documentation.

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $9 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Comments

All Comments

Recommended for you

  • BTC breaks through $69,000

     the market shows BTC breaking through $69,000, currently at $69,021.49, with a 24-hour increase of 1.15%. The market is highly volatile, please manage your risk accordingly.

  • Spanish Foreign Minister: Not worried about any consequences of refusing US access to military bases

     on March 3 local time, Spanish Foreign Minister Alvarez defended the Spanish government's refusal to provide the Rota and Moron military bases to the United States for participation in attacks on Iran. Alvarez stated that the operation initiated by the United States and Israel is not supported by the United Nations and is not part of the bilateral agreements allowing the use of the aforementioned Spanish sovereign military bases. Alvarez also said that the Spanish government is not concerned that this stance will have any consequences. Alvarez stated: "The position of the Spanish government represents the will of the vast majority of the Spanish people as well as the vast majority of people worldwide, which is to defend the UN Charter, respect international law, and believe that cooperation is always more powerful than confrontation."

  • Spot gold plunges nearly $100 in the short term.

     spot gold plunged nearly 100 dollars in a short time, spot gold fell below 5170 dollars/ounce, with a daily decline of 2.94%. 

  • BTC falls below $67,000

    the market shows BTC fell below $67,000, currently at $66,996.93, with a 24-hour increase of 1.18%. The market is highly volatile, please manage your risk accordingly.

  • ETH breaks $2,000

    the market shows ETH breaking through $2000, currently at $2001.64, with a 24-hour increase of 2.89%. The market is highly volatile, please manage your risks accordingly.

  • The US spot Bitcoin ETF saw a net inflow of $962.48 million yesterday.

    according to Trader T's monitoring, the US spot Bitcoin ETF had a net inflow of 962.48 million USD yesterday.

  • BTC falls below $66,000

     the market shows BTC fell below 66,000 USD, currently at 65,986.66 USD, with a 24-hour decline of 1.31%. The market is highly volatile, please manage your risks accordingly.

  • BTC falls below $66,000

     the market shows BTC fell below $66,000, currently at $65,973.16, a 24-hour drop of 2.66%. The market is highly volatile, please manage your risks accordingly.

  • ETH breaks $2,000

    market shows ETH breaking through $2000, currently at $2000.29, with a 24-hour increase of 3.73%. The market is volatile, please manage your risk accordingly.

  • The United States uses Anthropic's artificial intelligence technology in its airstrikes in the Middle East.

     United States used Anthropic's artificial intelligence technology in airstrikes in the Middle East, and just hours before the attack, Trump had just issued a ban against Anthropic.