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DeFi News

Chainlink’s CCIP Goes Live On Base Mainnet

Projects including Raft, Nuon, Folks Finance, Polychain Monsters and others are already integrating Chainlink CCIP on Base.

Written By Jahnu Jagtap
Published 2023-09-27
Make The Crypto Times preferred on GoogleGoogle
chainlink_CCIP_live_on_base

In a major development for the Web3 ecosystem, the Chainlink Cross-Chain Interoperability Protocol (CCIP) is now live on Base, a fast and highly scalable layer-2 blockchain incubated by Coinbase and secured by Ethereum. 

#Chainlink CCIP is now live on @BuildOnBase mainnet!

Discover how CCIP is empowering apps built on Base to scale faster and connect to Web3's rapidly expanding multi-chain ecosystem 🧵👇https://t.co/AbiGprCx1J

— Chainlink (@chainlink) September 27, 2023

The launch of CCIP on Base will make it easier for developers to build cross-chain applications that can leverage the speed and scalability of Base while still benefiting from the security and reliability of Chainlink’s Oracle networks.

Projects including Raft, Nuon, Folks Finance, Polychain Monsters and others are already integrating Chainlink CCIP on Base.

“Base and Chainlink are both building on the forefront of blockchain development as we work to bring the next wave of millions of new users into our industry,” Chainlink Labs Chief Business Officer Johann Eid said in the statement.

He further added,  “The scalability and technological creativity of Base as a Layer 2 solution, combined with an ever increasing number of Chainlink services, is a boon for developers looking to build the next generation of cross-chain applications and services.”

Also Read : Chainlink Faces Backlash Following Its Changes In Multisig 

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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