The newly-launched crypto token running on the Binance Smart Chain provides a fee-free staking experience to customers, SAFERmoon, has collaborated with Chainlink to integrate with the latter’s popular Verifiable Random Function.
With this partnership, SAFERmoon aims to provide high-end security to its fast-approaching ‘#SAFERsummer’ giveaway extravaganza. Chainlink’s VRF channel will allow SAFERmoon to access a safe, fair, and traceable prize selection source required to choose the winners of the giveaway project. The token firm is looking forward to ensuring that the winners have been chosen randomly while ensuring transparency and an equitable approach for the same.
What makes the SAFERsummer event unique and exciting is the long list of juicy prizes unveiled by the team for the winners. To everybody’s surprise, these gifts are certainly not usual and not what we usually get in a giveaway making this a super exciting opportunity for crypto fans. The list includes prizes such as a laptop, a Lamborghini, a Maldives vacation, and a trip to space in a flight service like Virgin Galactic, exciting.
To maintain fairness in the selection process, the firm needed a Random Number Generator easily auditable by a person. The RNG protocols require several security standards to avoid data manipulation and ensure integrity. The on-chain data solutions can be accessed by blockchain miners, whereas off-chain protocols might not offer complete prudence. Chainlink VRF will help resolve such issues by guaranteeing the genuineness of each random number provided to smart contracts.
The VRF generates a random number and a cryptographically generated proof by combining unrecognized block data with the node’s pre-determined private key. The SAFERsummer protocol will accept a random number only if it has proof derived in a tamper-resistant channel. The portal will allow developers to create token projects infused with security so that they cannot be compromised easily. The teams are willing to expand their partnership by leveraging their expertise to draft new services and tools devoted to the fans.
As we know, Chainlink is a top-tier oracle network that is ruling the sector with its unmatched services. The platform powers hybrid smart contracts. The customers can access reliable data sources and accurate computations and analytics on any blockchain across the industry.
