#Plugin $PLI is a fork of #Chainlink. The features that Chainlink possesses can be adapted to the #XDCNetwork and added as necessary.
Chainlink has the following key features:
・Datafeed
・Multi-Chain
・VRF (Verifiable Random Function)
・OCR (Offchain Reporting)
・Automation (formerly Keeper)
・CCIP (Cross-Chain Interoperability Protocol)
Imagine if Plugin were equipped with these features. Indeed, some functions are already implemented, but if there are still unimplemented features, can you imagine Plugin not continuing to implement them in the future?
These various functions will make it possible to realize a diverse array of applications and services on the XDC Network.
At that time, can there be a chance that Plugin, the native oracle on the XDC Network, does not shine as Chainlink does on Ethereum?
Furthermore, even #RWA (Real World Assets) and #MLETR (Model Law on Electronic Transferable Records) fall within the scope of Plugin's projects. How much do you think the XDC Network will dominate the global market in RWA and trade finance moving forward?
Plugin is expected to play an important role in global trade and financial markets by digitizing and effectively managing trade finance and real estate among other real-world assets.
Imagine this: Plugin, the only native oracle on the XDC Network, still has potential to shine.
If this vision excites you, then that's your answer.
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🇯🇵日本語訳🇯🇵
#Plugin $PLI は #Chainlink のフォークです。Chainlinkの有する機能は、必要ならばXDCネットワークに適応させて、それらを追加することが可能です。
Chainlinkには、次のような主要な機能があります。
・Datafeed
・Multi-Chain
・VRF(Verifiable Random Function)
・OCR(Offchain Reporting)
・Automation(旧Keeper)
・CCIP(Cross-Chain Interoperability Protocol)
Pluginがこれらの機能を装備したと考えてみてください。否、すでにいくつかの機能は実装されていますが、もしまだ実装していない機能があった場合、あなたはPluginがこれらの機能をこれからも実装しないなんてことを想像できますか。
これらの様々な機能により、多様なアプリケーションやサービスがXDCネットワーク上で実現可能になります。
その時、イーサリアム上のネイティブオラクルであるChainlinkが輝くように、XDCネットワーク上のネイティブオラクルであるPluginが輝かないことがあり得ますか。
さらに #RWA(Real World Assets)や #MLETR(Model Law on Electronic Transferable Records)さえもPluginのプロジェクトの範疇なのです。XDCネットワークが、これからRWAと貿易金融の世界において、どれほど市場を席巻すると思いますか。
Pluginが貿易金融や不動産等を含めた他の実世界の資産をデジタル化し、それを効果的に管理するツールとして機能することによって、XDCネットワークがグローバルな貿易と金融市場で重要な役割を果たすことが期待されています。
想像してみてください。XDCネットワーク上唯一のネイティブオラクルであるPluginが、まだ輝くことをイメージできませんか。
もしその想像にワクワクしたのならば、それが答えです。
The #XDCNetwork is witnessing the emergence of promising #DeFi projects, poised for substantial growth in the future.
@XSwapProtocol
@PrimeFinanceXYZ
@circularityfi@Fathom_fi
And crucial to these DeFi ecosystems are price feeds. Imagine the potential use of Data Feeds from #PluginV2, the decentralized oracle of the XDCNetwork.
https://t.co/eD0enW66MJ
The deadline for upgrading to PluginV2 is February 15th. Currently, 919 nodes have successfully upgraded to V2, leaving approximately 800 nodes unable to do so. With rewards ceasing for these 800 nodes, and their tokens no longer available for sale on the market.
Are you waiting for the price to drop? Or do you think the previous prices were unreasonably low?
Oh, 👀 it seems the price is rising again. At $0.21, this appears to be a secret sale for someone like me who bought during the dip. Whether to buy or not is your choice.
If you're interested in purchasing, $PLI is available on the following exchanges. Best of luck.
Bitrue @BitrueOfficial
BitMart @BitMartExchange
XSWap @XSwapProtocol
#XDCNetwork #DeFi #TVL
$XDC is a $ETH Virtual Machine (#EVM). There is no functionality that ETH can do which XDC cannot.
Moreover, $PLI is an oracle on the $XDC network, and it is a fork of #Chainlink, so basically, there is nothing that Chainlink can do that $PLI cannot.
-----------
ETH + LINK
🔥vs 🔥
XDC + PLI
-----------
With high speed, security, scalability, and as a hybrid chain, the #XDCNetwork is expected to greatly expand along with #Plugin.
Plugin began a significant upgrade from V1 to V2 at the end of last year. The deadline for the upgrade is 2/15. As of now, the number of nodes that have completed the upgrade to V2 is as follows:
PluginV1: about 1700 nodes
↓
PluginV2: 865 nodes
It seems like the number of V1 nodes will be about halved. This means that the Plugin network will become more robust.
Furthermore, to receive node rewards, proper node management is required on a regular basis. Each node will have a reputation (evaluation) introduced. The number of these criteria is expected to increase over time.
Even if the fundamentals are good, it does not necessarily mean that the price will reflect it. $XDC and $PLI are good examples of this. However, there is no need to miss out on this opportunity.
$PLI is available for purchase on Bitrue @BitrueOfficial, BitMart @BitMartExchange, XSWap @XSwapProtocol, etc.
Oh? 👀 It seems like the price has started to rise. Whether to pack your bags with it or not is your choice.
Plugin :
https://t.co/RUj0GVBpI2
Plugin Labs :
https://t.co/G1sYvLLlz6
Major Advancements in XDC Network:
Decentralized Oracle PluginV2 Overcomes Job Creation Limitations
====
Overcoming the 5 Jobs Issue on XDC Mainnet
Finally, the `5 Jobs Issues` faced by decentralized oracle PluginV2 nodes have been resolved on the XDC Network Mainnet. Until now, PluginV2 nodes could only create up to four jobs on the XDC Network. This was due to the somewhat outdated Websocket of the XDC nodes.
However, thanks to the excellent work of the XDC team, this issue has been resolved not only on Apothem but also on the Mainnet. Now, there is no limit to the number of jobs that can be created on PluginV2 nodes. They can create 10, 20, or even 100 jobs. There is nothing more binding the high capabilities of PluginV2 nodes.
XDC Node Upgrading to v1.5.0:
A Leap in Websocket Technology
If you upgrade your XDC Node to `v1.5.0`, the Websocket will be updated to the latest version. Currently, `v1.4.6-stable` is still widely used, but if you set up now, `v1.5.0` will be applied. This marks the technological evolution of the XDC Network.
It seems that the official Xinfin Websocket is a mix of old and new. They might be using a load balancer to distribute the XDC nodes. However, an update to `v1.5.0` will happen sooner or later, so this is just a matter of time.
Removing Job Creation Limits:
A Milestone for Plugin
Moreover, the removal of job creation limits for the decentralized oracle Plugin on the XDC Network is an important step in enhancing the network's flexibility and scalability. This allows clients to make broader use of the Plugin's data feed and provide accurate and reliable price information.
As a result, clients who want to use Plugin's data feed can be offered more feeds and retrieve more APIs, ultimately providing more accurate and reliable prices.
Towards a More Robust XDC Ecosystem:
The Countdown to PluginV2 Closure
The decentralized oracle PluginV2 on the XDC Network will close in another 10 days. The full-scale operation of this decentralized oracle Plugin will contribute to further enhancing the functionality and availability for the XDC Network and Layer 2 projects.
#XDC #XDCNetwork #Plugin #PLI
@riteshkakkad@atulkhekade@xdc_community@tashiten_tad
Attention #Plugin#Decentralized#Oracle node operators!
We're reaching out to remind you about the importance of upgrading your nodes to Plugin 2.0. If you haven't already done so, please upgrade immediately to reap the benefits of the latest Plugin release.
Why upgrade?
Plugin 2.0 brings a host of exciting new features and improvements, including:
Enhanced security: Stronger cryptographic algorithms and improved codebase security measures keep your nodes and the network safe.
VRF (Random Number Generation) is available on Main-net.
Better performance: Optimized codebase and infrastructure improvements lead to quicker data processing and response times.
Better Customization: Now, the job setup is made simple and aggregation will be super quick for customers.
New features: Enjoy additional functionalities like advanced data filtering and aggregation options for more flexible and powerful Oracle services, through our feeds platform.
Don't delay! Upgrade to Plugin 2.0 today and unlock the full potential of your Oracle node.
#DecentralizedOracle #SmartContracts #BlockchainOracles #DataOracle #OracleNetwork #DeFiOracles #OracleIntegration #DecentralizedData #OracleServices
#BlockchainTechnology #TrustlessOracles #SecureOracles #DecentralizedFinance #CryptoOracles #DistributedLedger #Blockchain #Crypto #Bitcoin #Ethereum
#Cryptocurrency #Decentralized #DistributedLedger #SmartContracts #DigitalCurrency #CryptoTechnology #BlockchainRevolution #Tokenization #web3 #BlockchainUseCases #CryptoCommunity #InnovationPowerhouse #ProjectMania #TeamEffort #PluginOnXDC #XDC #PLI #BuiltOnXDC
The article posted by @XinFin_Official is a must-read for fans of #XDC#PLUGIN#FATHOM. It's noteworthy that on the XDCNetwork, WeFi is using the #Plugin oracle.
1. Please read the article. https://t.co/vzsHyHY8Dk @YahooFinance
2. Jump to the @wefi_xyz profile on X and consider following it.
3. From the profile's link, access the following site and connect to the XinfinMainnet with MetaMask: https://t.co/iPl2gKSHpK
4. There, you will see the $FXD pool.
5. According to the article, it suggests that the #Plugin
$PLI oracle is being used behind the scenes. Yes, Plugin always works behind the scenes in Dapps on the #XDCNetwork . It's the unseen powerhouse.
@XinFin_Official@GoPlugin@wefi_xyz@riteshkakkad@atulkhekade@vinodkhuranadxb@tashiten_tad