Cellframe Partners with API3
We are pleased to announce a partnership with API3, a project that will allow smart contract platforms to leverage APIs for the building of meaningful applications in a truly decentralized and trust-minimized way.
Cellframe — API3
API3 builds decentrally governed and quantifiably secure data feeds that power Web 3.0 applications without employing third-party intermediaries. Powered by Airnode-enabled first-party oracles, API3’s dAPI’s are fully decentralized and blockchain-native APIs with quantifiable security.
“As the Cellframe ecosystem is still at its beginning stages, it is important to cross interchain barriers to bring dApps and t-dApps to more users. This makes API3 a perfect fit, as it strives to be the unified external data source for dApps interoperating on existing blockchains. Through this partnership we’re able to extend the number of dedicated services of the Cellframe Network and provide more users and liquidity for native Cellframe Network service.”
— Dmitry Gerasimov, CTO Cellframe
This partnership will allow API3 to provide access to their Airnode-enabled APIs and dAPIs to developers building on Cellframe. Giving developers access to decentralized external data sources will help our ecosystem create dapps with genuine utility, as well as the security that cutting out third parties in data provision and decentralization bring.
As for API3 tokens — these could be wrapped into the Cellframe ecosystem and vice versa through atomic swaps via our t-d-bridge — truly-decentralized-bridge. This will add users and liquidity for native Cellframe services, and unlocks additional potential synergies to be further explored.
“API3 believes in the long term adoption of blockchain technology, and in the advantages of Web 3.0 dapps over Web 2.0 applications. Cellframe shares our views, and have taken a great approach to future-proofing their platform, giving dapp developers increased security guarantees against future quantum computing attacks. We are excited to be able to help provide developers on Cellframe access to data to allow dapps to be created that are not only quantum-resistant and scalable, but will have enough utility for this to be important.”
— Heikki Vänttinen, Co-founder API3
Businesses offer a wide variety of services over APIs, ranging from providing asset price data to executing traditional financial transactions. It is critical for decentralized applications to be able to access the kind of services that APIs offer in order to interact with the real world, yet these APIs are not natively compatible with decentralized applications.
With API3, we aim for the concept of an API to take the next evolutionary step to meet the inevitably strict decentralization requirements of Web 3.0 without employing third-party intermediaries. This will be achieved by dAPIs — fully decentralized and blockchain-native APIs — which will be set up, managed, insured, and monetized at scale by the API3 DAO. Read our full whitepaper here.
Telegram: https://t.me/API3DAO (Community Chat)
Discord: https://discord.gg/qnRrcfnm5W (Builder Chat)
Cellframe is a quantum-resistant layer-1 network focused on facilitating secure and scalable cross-chain transfers. Cellframe aims to create an infrastructure for decentralized low-level services through its multichain nature. It is quantum-safe — it uses post-quantum encryption by default. Cellframe is built from scratch with plain C, which results in more efficient utilization of CPU and memory.
Stay tuned for more info and follow us at:
Telegram ANN: https://t.me/CellframeANN