• Chainlink launches a new serverless developer platform, ‘Chainlink Functions’, on its Web3 services platform to enable developers to build decentralized applications and connect smart contracts to any web2 API.
• The platform simplifies connecting off-chain data feeds through a serverless web3 services panel similar to AWS Lambda.
• It provides an environment and toolkit that enables developers to build, test, simulate, and run custom logic for their Web3 applications with the same benefits of a legacy Chainlink oracle feed.
Introduction
Chainlink has launched a new serverless developer platform, ‚Chainlink Functions‘, on its Web3 services platform that allows the connection of decentralized apps or smart contracts to any Web2 API. This will simplify connecting off-chain data feeds through a serverless web3 services panel similar to AWS Lambda.
Benefits Provided by Chainlink Functions
The newly launched Chainlink Functions is designed to provide a „seamless environment and robust toolkit that enables developers to build, test, simulate, and run custom logic for their Web3 applications“. It offers extensive connectivity, customizable computation, trust-minimized security as well as self-service and serverless features which will be beneficial for developers building blockchain applications.
About Chainlink
Chainlink is one of the leading blockchain oracle providers allowing dApps across multiple chains to ensure data feeds are valid and secure. It uses a network of nodes that retrieve data from external sources and deliver it to the blockchain while incentivizing accurate data through its native [cs_coins]LINK[/cs_coins] token.
Purpose of Chainlink Functions
The launch of Chainlink Functions aims to simplify connecting these off-chain data feeds through a serverless web3 services panel similar to AWS Lambda so that almost any form of off-chain data API can be integrated into blockchain applications with the same benefits of a legacy Chainlink oracle feed.
Conclusion
The launch of this new platform signifies Chainlinks commitment in providing industry-standard Web3 services that enable feature-rich Web3 applications while maintaining trust minimized security standards at all times.