AI & Blockchain

Chainlink's CCIP Protocol and Automation Now Live on Gnosis

Author : Renuka K

Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Automation services are now live on the Gnosis network. This integration allows Gnosis developers to offload heavy computing tasks to Chainlink's oracle network, reducing gas fees by up to 90%. The CCIP protocol enables cross-chain messaging, interaction, and value transfer, enhancing the capabilities of Gnosis developers. This move aims to provide robust infrastructure for developing powerful, real-world applications, scaling the Web3 ecosystem towards mass adoption.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.