RedStone (RED): Price Feeds Designed by Builders, for Builders
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While blockchains are indeed powerful, they don't always operate in a vacuum. To function with real-world data, blockchains need a way of getting extra information into their systems. This is where blockchain oracles like RedStone can help. RedStone's blockchain oracles make it much easier to transfer information between systems. Furthermore, RedStone’s modular architecture is designed by builders, and for builders. To learn more about what this means — and why it's so important — explore this guide to the RedStone community and token.
Key Takeaways:
RedStone is a modular set of blockchain oracles that developers can use to take information from the outside world and add it to their blockchains, or vice versa.
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What Is RedStone?
RedStone is a modular set of blockchain oracles that developers can use to take information from the outside world and add it to their blockchains, or vice versa. Currently, over 100 decentralized applications (DApps) use RedStone, for example to check blockchain pricing or track real-world assets.