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The Plugin (PLI) is a secure, scalable, and blockchain-agnostic decentralized oracle platform that connects smart contracts to the external world. It enables smart contracts to receive real-time data from trusted data feed providers, ensuring tamper-proof data and high computation capabilities. The platform combines an oracle core engine, oracle nodes, and data feed providers to deliver reliable and consistent data onto the blockchain.
Operating on the XDC Network, Plugin offers cost-effective solutions to any smart contract within the Xinfin Eco System. It leverages the power of public and private blockchains and interoperable smart contracts to provide an energy-efficient and robust ecosystem. Oracle nodes, spread across the globe, form the backbone of the Plugin Network, ensuring consistent data delivery onto the blockchain.
Data feed providers play a crucial role in the Plugin Network, offering their APIs directly to millions of smart contracts. With the growing demand for reliable data feeds, Plugin provides a seamless way for providers to integrate their vetted and regulated data feeds with decentralized applications. By partnering with Plugin, data feed providers can monetize their data and contribute to the expansion of the blockchain ecosystem.
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