Hello Aleph Zero: DIA Oracle Suite Available on Aleph Zero
This integration introduces both randomness and price oracles for multiple cryptocurrencies such as BTC, ETH, AZERO, etc., thereby enriching the DeFi and GameFi landscapes for developers on Aleph Zero.
Introducing Aleph Zero
Aleph Zero is a new kind of blockchain that aims to provide better privacy and faster transactions for everyone. It fixes some common issues found in current digital ledger systems by working faster and more securely. Aleph Zero uses a unique setup that allows users and businesses to stay private on-chain while offering fraud-protection tools that ensure sustainable operations through compliance.Â
With some technical upgrades, it’s built to handle a high volume of transactions quickly. Additionally, it introduces new ways to ensure that user data remains safe and private, aiming to make online interactions more secure and user-controlled. Through these features, Aleph Zero looks to offer a speedy and safe platform for businesses and individuals to communicate and transact on.
We’re excited to have the first oracle going live in the ecosystem and already from a reputable provider such as DIA. This adds as an important building block to the Aleph Zero ecosystem and opens it up for a whole new set of use cases that require reliable external data feeds.Antoni ŻółciakAleph Zero Co-founder
DIA Oracle Suite: Now Available on Aleph Zero
We are delighted to announce that DIA has integrated its oracle infrastructure with the Aleph Zero network. This integration brings two oracle products to Aleph Zero ecosystem: DIA Token Price Feeds and DIA xRandom.
Token Price Oracles
DIA has deployed an oracle delivering real-time price information for an array of assets including BTC, ETH, AZERO, USDC, USDT, DOT, SOL, AVAX, EURO, BNB, DOGE, MATIC, and DAI. This integration leverages DIA’s capability of aggregating trade data from a vast network of over 80 different sources across multiple L1/L2s, and its agility in adding new trading venues to its network as required.Â
The price feeds are engineered using a Moving Average Price with Interquartile Range (MAIR) methodology to compute asset prices, ensuring accurate and timely updates every 120 seconds. Moreover, the oracle is designed to update asset prices on-chain if there’s a deviation of more than 2% from the last reported value, ensuring precision and reliability.
DIA’s robust oracle infrastructure is currently augmenting the functionality of over 100 decentralized applications (dApps) across various sectors including DeFi, NFT finance, and GameFi. Through this collaboration, DIA and Aleph Zero are poised to unlock new potentials in the decentralized digital economy.
Randomness Oracle
DIA has also deployed its DIA xRandom product on the Aleph Zero network, providing a verifiable and distributed randomness oracle. This collaboration enables secure, auditable random numbers via smart contracts, crucial for dApps demanding trustless randomness.
Utilizing drand’s distributed beacon, DIA xRandom ensures the generated random numbers are unbiased and immutable, eliminating single points of failure. This deployment not only enhances the integrity and functionality of dApps on Aleph Zero but also broadens the horizons for innovative use cases in gaming, lotteries, and beyond, underlining Aleph Zero’s commitment to fostering a robust, decentralized ecosystem.
Test the Oracles
Developers can interact with DIA to oracles via the following smart contracts:
- Asset Price Oracle (testnet): 5FmmcSEPiT4sZniwBMs6G89128GTTfPtaWK3jEJPJ9Z77v7U
- Asset Price Oracle (mainnet): 5F7wPCMXX65RmL8oiuAFNKu2ydhvgcissDZ3NWZ5X85n2WPG
- Randomness oracle (testnet): 5Grpo53UbArhM6uJNCrJTnyVy3BXYuxk5M4TNAwDnAgmrrjg
- Randomness oracle (mainnet): 5FhA9YoxgT4ydFh83Dy1Ek1Cqkog9cp9JG8LP2BxFn4ECssi
To learn how to use the oracles, developers can access Aleph Zero’s documentation.
DIA is a pioneering cross-chain data and oracle platform, extending its services across 30+ L1/L2 networks, ensuring wide-ranging asset coverage, complete customization, and absolute transparency.
Aleph Zero is a layer 1 blockchain platform based on a novel, peer-reviewed consensus protocol, AlephBFT. The consensus utilizes a Directed Acyclic Graph architecture as an intermediary data structure, resulting in a rapid time to finality. In the end, however, Aleph Zero is still a blockchain—not a DAG.
DIA functions through a modular architecture that involves three key steps: Collection, where it gathers market data from various on-chain and off-chain sources using exchange scrapers; Computation, where raw trade data is processed into reliable feeds using transparent methodologies; and Publication, where the processed data is pushed on-chain via oracle smart contracts.
Aleph Zero developers can now harness DIA’s transparent price oracles, covering a vast range of assets, facilitating the creation of an expansive array of DeFi and GameFi applications based on resilient data feeds, sourced directly from 80+ CEXs and DEXs.
