RedStone launches Bolt, a real-time oracle built for speed on MegaETH

Redstone launched a new Oracle service called Redstone Bolt, designed to provide almost instant prices updates to decentralized applications.

The product is live on the Megaeth Testnet and is designed specifically for blockchains that process high -speed data, such as Megaeth, which targets 100,000 transactions per second, according to a shared note with Crypto.News.

Oracles are tools sending Real data, such as asset prices, on blockchains, where intelligent contracts can use it to perform decisions. Many existing oracles Use a slower “sweater” model where smart contracts require data.

Redstone Bolt uses a “push” model which sends updates automatically and faster, reducing the delay between market price changes and when they appear on the chain.

Real -time performance data

Bolt is designed for real -time performance. It can update price data every 2.4 milliseconds, compared to the intervals of 10 seconds of Redstone (RED) existing foods. This speed is necessary for new block channels like Megaeth, where the blocks are created every 10 milliseconds.

Since Redstone Bolt uses the Push model, it can work with many existing DEFI protocols without obliging them to modify their code or go through new audits.

The diffuse data system directly from centralized exchanges, brings them together and pounds them almost immediately. This is intended to support the DEFI applications that are based on up -to -date prices to avoid risks such as flash loan attacks or incorrect liquidations.

Redstone Bolt is now available on the Megaeth Testnet. Developers based on the chain can test the data flows in real time and start to integrate the Oracle without additional engineering work.