Chainlink announced via Twitter on Saturday that the Chainlink VRF (Verifiable Random Function) has launched on the Arbitrum blockchain. Chainlink VRF provides cryptographically secure randomness for blockchain-based applications and is now available on the Arbitrum network. By combining Chainlink's reliable VRF solution with Arbitrum One's Layer 2 ecosystem, developers now have access to the leading RNG in the blockchain industry.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 1% over the past 24 hours and is trading at $6.467 at press time.
Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup. It allows users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps. ARB, the native coin of the Arbitrum network, is down by more than 3% today and is trading at $1.192.