We are very excited to announce that we have integrated Chainlink Verifiable Random Function (VRF) into the Binance Smart Chain mainnet. And with the integration of the oracle network, we now have a method and a random pattern that can prevent fraud and still be able to detect it. This will help us fairly in selecting the winners from our whitelist allocation campaign.
and in the end This is what creates an exciting and transparent experience for the user. It can also protect against fraud better as well. As users can be assured that the results of our campaigns are pure random, no scams, in line with Impossible’s goal of helping users reach fair, accessible and inclusive projects. quality
Another important part of our campaign is giving users more chances to win in slots, IDO whitelists, tokens, airdrops and even NFT giveaways.
In this way, so that we can choose a fair whitelist winner. Therefore, it is imperative to use RNG (where any user can rely on it). However, the RNG solution for smart contracts also requires several security considerations. to ensure better system integrity After we reviewed the solutions, we chose Chainlink VRF as it is based on reliable academic research. It is supported by the oracle network and is also very secure. This is due to the on-chain generation and validation that allows users to be confident in the randomly generated set of numbers.
The Chainlink VRF works by collecting data of unknown blocks upon request with the oracle node’s private key to generate both random numbers. including creating The cryptographic proof of Impossible Finance’s smart contract accepts this random number input where applicable. Only valid cryptographic proof
And the cryptographic proof can only be generated if the VRF process is secure. This allows us to assure users of transparency in the process. Users can also directly verify that our campaigns are fair and are not altered by oracle, third parties, or even the Impossible team.
“..This idea will bring us one step closer to accessing the world of crypto that is fair and accessible to everyone. I thank you for your past feedbacks and support. Let’s continue building “Impossible” together!” –Calvin Chu, Creative Department at Impossible
Let’s get to know Chainlink
Chainlink itself is the industry standard for creating, accessing, and oracle-based services required to drive hybrid smart contracts on any blockchain.
The Chainlink oracle network provides smart contracts with a reliable way to connect to external APIs. It can also take advantage of secure off-chain computing for feature-rich applications.
Chainlink has now secured tens of billions of dollars in DeFi, insurance, gaming and other major industries. It also offers access to blockchain technology to global enterprises and leading data service providers.
If you have any further questions about Chainlink, you can visit our website at https://chain.link
You can read the document at https://docs.chain.link
or if you want more information about this project You can contact an expert here. https://chainlinkcommunity.typeform.com/to/OYQO67EF?page=announcement&typeform-source=medium.com
Let’s get to know Impossible Finance.
Impossible Finance is an incubator, launchpad and also a swap platform, it provides and prepares an ecosystem to support top blockchain projects for attracting more audiences.
With the support of giant leaders in the crypto industry, Impossible Finance is able to simplify the DeFi system, enabling users to enjoy fairer investments. more cheap trading Including better returns as well
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Terms and Conditions
note: DISCLAIMERS, TERMS, and RISKS
Risk Warning General trading and/or investing in any cryptocurrency It is very risky and has the potential to cause the loss of all your funds. Therefore, you should not invest more than you can afford to lose. And you should understand the risks involved before making a decision.
INVEST Please consider your level of experience in investing. investment objectives and acknowledging the risks that will arise carefully before making a decision And please seek financial and legal advice if necessary. Remember to ensure that you can use Impossible Finance’s services in accordance with the legal and regulatory requirements of your country of residence and/or applicable jurisdiction.
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