Today marks a pivotal moment in RedStone’s journey as we announce the formation of the RedStone Distributed Data Association (RDDA). This milestone represents more than just organizational evolution – it’s a decisive step toward realizing our vision of truly decentralized oracle infrastructure in the blockchain ecosystem.
The Mission
The RedStone Distributed Data Association is established as an independent entity with a clear mandate: to foster and maintain a decentralized network of oracle data providers while preserving the fundamental principles that blockchain technology represents. At its core, RDDA will:
– Support the growth and diversity of independent data providers
– Ensure robust blockchain oracle infrastructure across multiple chains
– Maintain rigorous standards for data integrity and accuracy
RedStone’s modular oracle architecture makes it the most scalable, secure and performant blockchain oracle service. The design streamlines adding new assets, cutting latency, and supporting new chains, letting dApps scale freely without any constraints from the oracle provider.
This architecture also allows independent data providers to collaborate seamlessly while preserving autonomy, ensuring a resilient and accurate network. By removing central points of failure, it truly upholds blockchain’s core promise of decentralization.
Join the Ecosystem
The future of oracle data lies in robust, innovative ecosystems that continuously push the boundaries of innovation. We invite developers, data providers, and blockchain enthusiasts to join us in this mission to create a more resilient and distributed oracle infrastructure.
Stay updated on our progress by following RedStone on X for the latest developments in ecosystem expansion, Data Provider onboarding, and community initiatives.
Together, we’re building the foundation for a truly sustainable future of oracle data.
*For more information about becoming a Data Provider or participating in the RedStone ecosystem, visit our documentation or join our Discord.
About RedStone
RedStone is a modular oracle delivering reliable price feeds for emerging DeFi assets, including LSTs, LRTs, and Bitcoin Liquid Staking tokens. Our gas-efficient data feeds span 50+ chains and rollups, securing over $6 billion in TVL. Trusted by over 100 projects, including Morpho, Venus, and Pendle, RedStone’s Push & Pull oracle models serve both established protocols and innovative DeFi projects pushing the boundaries of financial innovation.
