PANews reported on April 8 that according to The Block, the oracle development team RedStone has become the latest project deployed on the Ethereum Layer 2 network MegaETH. Its innovative architecture breaks the limitations of traditional Rollup solutions. The cooperation coincides with the launch of the MegaETH public test network, which is the final preparation stage before the launch of the network's main network. The RedStone team emphasized in a statement: "When MegaETH achieves 100,000 TPS (transactions per second) and sub-millisecond latency, RedStone is the only oracle system that combines speed and flexibility." It is reported that its latest oracle service RedStone Bolt can achieve price data updates "every 2.4 milliseconds." RedStone co-founder Marcin Kazmierczak said that the Bolt system will provide "plug and play" functions and is compatible with the traditional push data architecture of mainstream DeFi protocols such as Compound and Aave.
RedStone Launches New ‘Bolt’ Oracle on Ethereum Scaling Solution MegaETH
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