Chainlink, a provider of oracle services, and Arbitrum, a popular Layer 2 scaling solution for Ethereum decentralized applications (dApps), have announced today that Chainlink Automation will now be available on Arbitrum One. Chainlink Automation allows Arbitrum developers to reliably grow the Web3 ecosystem by ensuring its high availability and securing its next generation of decentralized applications.
Implications of Chainlink Automation on Arbitrum One
Now that it’s live, developers may leverage the reliable and powerful automation into which they can tap to create cutting-edge dApps. This is possible by relying on a distributed network of nodes. The network can track smart contracts and carry out the corresponding actions using Chainlink’s transaction manager, which handles issues like nonce management, gas spikes, and network reorganization.
An optimistic Ethereum rollup, Arbitrum One drives high-throughput dApps at low costs. If you’re a developer or dApp creator on the Arbitrum network, you can now take advantage of Chainlink Automation, an automation solution for smart contracts. Automating DevOps and maintenance helps dApps scale successfully without relying on centralized scripts or worrying about single points of failure.
Chainlink provides global organizations and leading data providers with a common gateway to all blockchains. Combining Arbitrum One’s layer-2 ecosystem with Chainlink’s trustworthy blockchain automation technology enables developers to create cutting-edge, feature-rich dApps while also exponentially decreasing development costs.
Niki Ariyasinghe, Head of Blockchain Partnerships at Chainlink Labs commented: “We’re excited to support the Arbitrum ecosystem with the native integration of Chainlink Automation, enabling developers to build highly scalable and low-cost smart contract applications that are automated end to end.”
In order to reliably activate essential smart contract tasks on Arbitrum One, several projects, like COTI and Armadillo, Cask, and DeFiEdge, have already integrated Chainlink Automation into their dApps. This promises to be a game-changer for developers and the dApp industry.