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SupraOracles Releases Roadmap to Mainnet While Starting 550 Signed Web 3 Project Integrations

SupraOracles Releases Roadmap to Mainnet While Starting 550 Signed Web 3 Project Integrations

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[PRESS RELEASE – Zug, Switzerland, 22nd September 2022]

Unveiling several technological breakthroughs, SupraOracles is excited to announce its new cross-chain oracle infrastructure that enables highly accurate and robust data transfer between multiple blockchains and DLTs with only 3-5 seconds of finality. Now with over 550 integration partners signed, they are officially announcing the launch of their Alpha testnet as they move towards the mainnet in early 2023.

Supra has partnered with Dorahacks, the host of BNB Grants and BNB Global Hackathons, sponsoring and offering its oracle service to over 4,000-5,000 developers worldwide. Developers interested in adding this new, college-level oracle to their Web3 toolkit are invited to apply to the Supra Network Activate program: https://join.supraoracles.com/network-activation-program

Oracles play a key role in Web3 projects. Developers need oracles to securely connect their decentralized applications (dApps) to timely, accurate data from other blockchains or real sources. This opens up use cases such as exotic derivatives backed by real assets, options markets, multilateral clearing and settlement on public blockchains and DLT networks that are otherwise not possible with established oracles today.

Supra’s PhD-oriented research group, led by the renowned Dr. Aniket Kate, has prioritized several new principles in their design, which will bring a new gold standard to the operation of oracles. The most important are core data security, node decentralization and consensus, verifiability of data origin, and cost-effective, predictable budgeting for consumers.

These innovations have earned Supra recognition from Web3 incubators such as Mastercard’s Start Path program, Berkeley Blockchain Xcelerator, and Silicon Valley’s Plug and Play, who recently named Supra among their top 10 Web3 projects.

Supra is nearing the release of its incentivized test network in Q4, and its roadmap includes functions that will allow developers to start testing:

  • 2022 Early October: Launch Data Dashboards, documentation for Ethereum, BNB chain, Polygon, Avalanche and Aptos testnet chains
  • 2022 End of October: Supra VRF maintenance documentation
  • 2022 November: Release of Node Operators Onboarding
  • 2022 December: Encouraged test network live, announcements announced
  • 2023 Beginning of the second quarter: Mainnet is published

Node operators interested in learning about Supra’s block rewards and incentive programs are invited to join the Discord community for more information: https://discord.io/supraoracles.

Joshua Tobkin, CEO of SupraOracles commented, “We’ve built oracles that undoubtedly exceed the typical expectations of cross-chain solutions, and we’re proud to bring a world-class product to the industry that helps blockchains do even more incredible things.”

About SupraOracles

SupraOracles uploads oracles for a better, decentralized future. Blockchains need better, faster, more accurate and safer off-chain information. SupraOracles provides a next-generation cross-chain oracle solution to make smart contracts and blockchain applications work better.

After more than 5 years of research and thousands of R&D hours and simulations, SupraOracles’ revolutionary technical breakthrough helps solve the Oracle dilemma and improve performance across the board. The team’s academic mindset forms the foundation of the organization and reinforces their commitment to deep research and a rigorous scientific process in all design and construction.

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