Chronicle Protocol, the first Oracle on Ethereum, has announced the launch of support for zkSync. The integration of zkSync allows decentralized and secure price feeds for over 100 dApps in the ecosystem. Chronicle has launched on zkSync Era with its core oracles. The Head of BD & Growth at Chronicle, Jennifer Senhaji, said, «Together, Chronicle and zkSync combine the resilience of verifiable, gas-optimized, decentralized oracles with the security and scalability of zk rollups.» The integration aligns with the values of both Chronicle and zkSync, promoting freedom, self-sovereignty, and decentralization.
Scribe on zkSync Era: Access to Cost-Saving Benefits
With Scribe’s arrival on zkSync Era, builders will gain immediate access to cost-saving benefits. The integration brings huge savings without compromising the security, resilience, or decentralization of the Oracle network. Chronicle Scribe provides real-time and historical data source transparency through The Chronicle, its on-chain dashboard. Users can verify the data sources and ensure the integrity of the reported data. Chronicle Protocol has a distributed and identifiable validator community, including well-known brands like MakerDAO and Gnosis. The use of Schnorr signatures allows Chronicle Protocol to scale to an unlimited number of validators. Scribe is designed to be cost-efficient, costing up to 6 times less than Chainlink and 3.5 times less than Pyth on L1 and L2.
Why It Matters
The integration of Chronicle Protocol with zkSync brings decentralized and secure price feeds to the ecosystem. It aligns with the values of freedom, self-sovereignty, and decentralization. The launch of Scribe on zkSync Era provides builders with cost-saving benefits without compromising the security and resilience of the Oracle network. Chronicle Protocol’s commitment to data source transparency and distributed validators ensures the integrity of the reported data. The use of Schnorr signatures allows unlimited scalability for the validators. With lower operating costs, Scribe becomes a cost-efficient option compared to its competitors. Chronicle Protocol continues to redefine Oracle networks, providing a scalable, cost-efficient, decentralized, and verifiable solution for transferring data on-chain.
- Chronicle Protocol announces support for zkSync
- Integration brings decentralized and secure price feeds for over 100 dApps
- Scribe on zkSync Era provides cost-saving benefits without compromising security
- Chronicle Protocol ensures data source transparency and uses Schnorr signatures for unlimited scalability
- Scribe is cost-efficient, costing up to 6 times less than Chainlink and 3.5 times less than Pyth