🔗Chainlink & datafeeds

Proof of fairness - chainlink datafeeds

Overview

Chainlink datafeeds ensure Betfin.io's decentralized games receive reliable and tamper-proof price data, maintaining the integrity and fairness of financial and prediction games.

Reliable Price Data

  • High-Quality Sources: Data is gathered from premium and verified providers.

  • Decentralized Oracles: Multiple independent oracles aggregate the data to ensure accuracy.

How It Works

  1. Data Aggregation: Chainlink oracles collect data from numerous reliable sources.

  2. Data Transmission: The aggregated data is securely transmitted to Betfin.io's smart contracts.

  3. Data Utilization: Betfin.io uses this data for game outcomes and financial predictions.

You can find more information about chainlink datafeed here: https://data.chain.link/feeds you can also check the exact datafeed such as https://data.chain.link/feeds/polygon/mainnet/btc-usd#operator-linkforest that is used for BTC/USD predict game

Benefits

  • Reliability: Ensures the data is accurate and reflects real-world prices.

  • Security: Prevents data manipulation through decentralized verification.

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