The Emergence of VOR and OoO on Shibarium Testnet: What It Means for the Shiba Inu Community

Bombolo | News and Media 

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The Shiba Inu community is abuzz with excitement following the announcement that the Verified Open Randomness (VOR) and Oracle of Oracles (OoO) smart contracts will soon be integrated into the Shibarium testnet. This development was disclosed in a progress report from the Unification Foundation, the non-profit organization behind the Unification Protocol and Shibarium. In this article, we will delve deeper into what VOR and OoO entail, their significance to the Shiba Inu community, and the implications of this integration on the Shibarium network.

What are VOR and OoO?

VOR is a contract used for producing verifiably random outputs, which is essential for applications such as lottery systems and gaming dApps that require randomness. On the other hand, oracles are smart contracts that can retrieve data, such as crypto prices, from external sources and provide that data to the blockchain. They act as bridges between the real world and the blockchain. However, oracles are vulnerable to attacks that can lead to exploitation, such as the manipulation of asset prices. To address this issue, Unification introduced the Oracle of Oracles, which is resistant to hacking.

The Integration of VOR and OoO on the Shibarium Testnet

According to Unification's progress report, the team is currently focusing on integrating the VOR and OoO smart contracts onto the Shibarium test network, Puppynet. They have deployed a test FUND token on the Shibarium testnet and linked the main Ethereum Goerli test network (L1) to the Shibarium test network (L2) via a bridge. The team successfully transferred xFUND test tokens between both networks without any complications. Unification disclosed that their next plan is to deploy the 000 and VOR Router smart contracts on the Shibarium testnet. With the VOR Router, other smart contracts can utilize the VOR contract to generate random values. Following the deployment of these smart contracts, the team will activate the Oracle applications to serve data requests.

What Does This Integration Mean for the Shiba Inu Community?

The integration of VOR and OoO on the Shibarium testnet has significant implications for the Shiba Inu community. First and foremost, it shows that progress is being made toward the eventual launch of the Shibarium mainnet. With VOR, developers can create games, lotteries, and other applications that require a random element to function properly. This should help introduce such dApps to the network.

Furthermore, the integration of OoO on Shibarium guarantees that dApp oracles are impervious to hacks and flash loan attacks, instilling trust among builders and encouraging more participation on the layer-2 network.

The integration of VOR and OoO on the Shibarium testnet is a significant milestone in the development of the Unification Protocol and Shibarium. It paves the way for the launch of the Shibarium mainnet and introduces new opportunities for developers to create exciting dApps that require randomness. With the OoO, dApp oracles are now more secure, which instills trust among builders and encourages more participation on the network.

FAQs

1. What is the Shibarium testnet? The Shibarium testnet is a test network for the Unification Protocol and Shibarium.

2. What is the Unification Protocol? The Unification Protocol is a blockchain-based platform that provides a unified framework for data storage and management.

3. What is a smart contract? A smart contract is a self-executing contract with the terms of the agreement directly written into code.