Company
Date Published
Author
Chainlink
Word count
696
Language
English
Hacker News points
None

Summary

The Chainlink Community Grant Program is offering financial support to development teams and researchers working to enhance the Chainlink Network, with Hack.bg, a distributed ledger technology company, receiving a grant for integrating Chainlink into the Terra Protocol. This initiative aims to bolster the Terra ecosystem by providing secure external connectivity for various decentralized applications, including those in the DeFi and gaming sectors. Hack.bg, known for its expertise across multiple blockchain networks, will facilitate this integration by connecting Chainlink nodes to Terra, ensuring compatibility, and deploying the necessary infrastructure. Terra Protocol, built on the Cosmos SDK, focuses on promoting cryptocurrency adoption through programmable stablecoins and supports numerous DeFi applications. The integration of Chainlink will enable these applications to access reliable external data, further enhancing their functionality. The grant exemplifies Chainlink's commitment to empowering developers and expanding its ecosystem to support the development of universally connected smart contracts.