#BinanceLaunchpoolRED
What is RedStone?
RedStone acts as a bridge for transferring off-chain data to on-chain ecosystems. It caters to the needs of various blockchain applications, including NFT platforms, by obtaining real-time prices from decentralized and centralized exchanges. This allows users to access the most accurate price data to inform their transactions.
How does RedStone work?
The architecture of RedStone facilitates the delivery of price data across more than 70 blockchain networks, ensuring flexibility and efficiency. Its operation relies on a decentralized data flow, which is crucial for maintaining pricing integrity. Furthermore, the storage mechanism supported by EigenLayer enhances the reliability of the provided data.