In order to further support the rapid growth of the Chainlink ecosystem, we’ve recently released the Chainlink Community Grant Program, as a means of providing important financial resources to the many development teams building Chainlink, as well as the many additional developer resources that enable easy access to the network. Our goal with the grant program is to deploy substantial financial resources, towards the creation of critical developer tooling, the addition of more high-quality data, and the launching of key services around the Chainlink Network. We’re excited to begin announcing our awards of Chainlink Community Grants and encourage all the talented individual developers and development teams in our community to apply to the grant program here.
We are glad to announce that Pier Two, a leading provider of Chainlink network products and services, has been selected as a recipient of the Chainlink Community Grant Program. Pier Two is receiving a grant to create a more advanced oracle explorer for the Chainlink ecosystem as part of their third party reputation system called Chainlink Oracle Reputation (COR)—a data visualization tool that displays the end-to-end life cycle of Chainlink oracle reports, particularly focused on providing clear insights on the API providers, Oracles, Chainlink Reference Data Contracts, and how various Ethereum smart contracts interact with the Chainlink Network.
Similar to how Etherscan works today for exploring Ethereum contracts, COR is a blockchain agnostic smart contract and oracle explorer, allowing users to understand the details of Chainlink oracle networks and their interaction with the various smart contracts relying on them. With the grant, COR will expand its visualization to provide users with the ability to identify what contracts are utilized by what oracle networks, advanced network performance details, individual oracle performance details, and various other unique data points that can improve the ecosystem’s ability to identify key connections.
COR provides users with raw data and refined stats about the Chainlink Network in aggregate, as well as specific data about each individual oracle node, some of which include:
- Transaction count (lifetime, one year, one month)
- Average response time in blocks
- Average response time in seconds
- LINK payments earned
- Completion Ratio (successful/failed transactions)
- And much more
Given the critical nature of Etherscan to Ethereum, we believe COR is an important component of expanding the Chainlink Network and worthy of a Chainlink Community grant. Some of the expected improvements coming to COR as a result of the grant include:
- Development of a real-time oracle explorer about Chainlink nodes, Chainlink oracle networks, and the interactions of user contracts with those oracles
- Alerting for users to know that their chosen oracle networks are operating correctly
- A free API to connect to Pier Two’s data and its associated services
- Additional network support for new oracle networks or blockchains
- The tracking and analytics of in-depth Chainlink network statistics with real-time data
Additionally, Pier Two will look to use the grant to expand its analysis across the numerous other blockchain environments natively integrating the Chainlink Network, providing insights into Chainlink-specific transactions on various other blockchain networks.
“We’re glad to be awarded a Chainlink Community grant and are excited to take the next steps in bringing greater clarity over transactions within the network,” stated Patrick McNab Co-Founder of COR. “The billions of dollars locked in DeFi every month make it clear that oracle security is of critical importance. Now more than ever it is important to provide insights to developers and users of applications powered by Chainlink. The Chainlink Community Grant will allow Pier Two to scale and improve its ability to capture and display all Chainlink-related information, including access to more real-time information, expanding on to other blockchains, providing user alerts when specific network activity occurs, and more.”
Through the Chainlink Community Grants program, we look forward to continuing to empower more and more Chainlink ecosystem teams who are building key tools and infrastructure that accelerate the development of universally connected smart contracts and secure oracle node infrastructure. We will continue supporting the community as a key driver of Chainlnk’s rapid growth, because only together can we make universally connected smart contracts into the dominant form of digital agreement.
About the Chainlink Grant Program
If you want to learn more about the Grant Program, check out our recent blog post that further expands upon its goals and the criteria for submission. If you would like to participate in the Chainlink Grant Program, please apply here. Chainlink Community Grants are provided in Cash and/or LINK.
About Pier Two
Pier Two is an infrastructure company that operates and manages high uptime Chainlink & Ethereum nodes. Pier Two is focused on providing high-quality, reliable data feeds for blockchain networks – specifically Ethereum. The Pier Two oracle is one of the most performant oracles on the Chainlink network, maintaining a high job completion ratio due to high uptime & servicing one of the highest amounts of reference data contracts.