Company
Date Published
Author
Chainlink
Word count
432
Language
English
Hacker News points
None

Summary

The use of Chainlink and IPFS has enabled significant advancements in distributing creator tokens by reducing gas costs through off-chain data storage and retrieval, thereby lowering entry barriers for users. By leveraging Chainlink, it has become feasible to develop scalable smart contracts incorporating off-chain data, allowing for flexible token distribution beyond traditional on-chain methods. Iroiro, after winning the ETHOnline hackathon, has expanded to the Ethereum mainnet with support for token distribution on xDai and Polygon, offering more versatile distribution options. Additionally, efforts are underway to develop a generalized IPFS External Adapter for broader contract use. Developers are encouraged to explore Chainlink's capabilities, with opportunities to participate in the Chainlink Fall 2021 Hackathon for further learning and innovation.