Chainlink, a decentralized oracle service, has today released v0.2 of its technology offering, which makes significant improvements to the staking accessibility of the project.
In the weeks leading up to the launch of v0.2, Chainlink has steadily increased its user base, with over 10,000 stakers now enabled to access their staked tokens. This is powerful for the Chainlink ecosystem as it allows more users to benefit from the growth of the project.
The release of Chainlink’s v0.2 technology stack expands the accessibility of participating in its staking process even further as it improves the ease of use of Chainlink’s oracles when it comes to providing data from external sources.
Improved staking accessibility through v0.2 allows users to take full advantage of rewards offered by the Chainlink network. This includes earning LINK tokens from staking, as well as enhanced market liquidity as users are able to easily access the network.
The key improvements that are included in the v0.2 release include:
• Improved staking accessibility: Chainlink’s v0.2 release makes it easier for both users and its partners to access staking opportunities by introducing an improved user experience. This includes streamlining the once complex process and enabling users to access a unified interface for participating in consensus activities.
• Enhanced data accuracy: Chainlink’s v0.2 release also improves the accuracy of the oracle data that is sourced from external sources. This means that users can more confidently rely on the data produced by the Chainlink network, as it is updated frequently.
• Increased efficiency: Lastly, Chainlink’s v0.2 release further increases the efficiency of the entire Chainlink network, with improved performance times when it comes to processing data and transactions.
By expanding and improving staking accessibility, Chainlink’s v0.2 release is a major milestone in making the protocol more accessible to its stakeholders. This also opens the doors for further adoption of the Chainlink technology as users are now able to more easily access the network and its rewards.