Keepers: Difference between revisions
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However, smart contracts can’t trigger themselves. A human or an external service has to trigger them. Triggering them manually is not scalable and prone to human error. Using a self-hosted off-chain service, such as a cron job, makes the smart contract vulnerable to compromise. | |||
<ref>https://medium.com/the-olympus-post/zeus-finance-integrates-chainlink-chainlink-keepers-price-feeds-and-vrf-to-help-power-its-db67cbe4fd8f</ref>--[[User:Reggie|Reggie]] ([[User talk:Reggie|talk]]) 04:47, 17 August 2022 (UTC) | |||
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Despite all the potential smart contracts introduce, they still have some major limitations. One of these limitations is that they’re not fully automated, and cannot execute their own functions on pre-defined conditions or time. Instead, they need to be triggered in order to execute. | Despite all the potential smart contracts introduce, they still have some major limitations. One of these limitations is that they’re not fully automated, and cannot execute their own functions on pre-defined conditions or time. Instead, they need to be triggered in order to execute. | ||
Revision as of 04:47, 17 August 2022
Keepers Discussion Page
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Welcome to the talk page for discussing improvements to the Keeper article. Talk pages (also known as discussion pages) are Wiki administration pages where editors/contributors discuss improvements that can be made to an article. NOTE: Discussion pages are not a forum for general discussion of the article's subject. When you post a message on a talk page, you should always sign and date your comment so that other editors can follow the thread of the conversation. To do this, either type four tildes (~) at the end of your comment or just click the signature button on the row of buttons above the edit box. |
However, smart contracts can’t trigger themselves. A human or an external service has to trigger them. Triggering them manually is not scalable and prone to human error. Using a self-hosted off-chain service, such as a cron job, makes the smart contract vulnerable to compromise. [1]--Reggie (talk) 04:47, 17 August 2022 (UTC)
Despite all the potential smart contracts introduce, they still have some major limitations. One of these limitations is that they’re not fully automated, and cannot execute their own functions on pre-defined conditions or time. Instead, they need to be triggered in order to execute.
Today, developers work around this process by manually triggering smart contracts through all hours of the day, or having risky and centralized dev-ops infrastructure set up to handle it.
With Chainlink Keepers, developers can automate dev-ops takes and smart contract functions in a highly reliable, decentralized, trust-minimized and cost efficient manner.[2]
Smart contracts consist of many essential time- and event-based functions that are necessary to keep the smart contract running smoothly and securely. Chainlink Keepers is a decentralized service that allows developers to reliably automate regular smart contract triggers without the resources and risks associated with performing these operations manually or through centralized systems. --Reggie (talk) 03:27, 13 July 2022 (UTC)[3]
Developers can set predefined conditions that Keepers continuously checks, and when those conditions are met, it will trigger the smart contract’s function. [4]
Developers can specify predefined conditions that Chainlink Keepers continuously check, and when those conditions are met, Chainlink Keepers issue on-chain transactions that trigger the smart contract’s functions to execute autonomously.--Reggie (talk) 08:42, 30 June 2022 (UTC) [5]
Chainlink Keepers is a decentralized transaction automation service enabling developers to automate any smart contract function using custom triggers. Developers can specify predefined conditions that Chainlink Keepers continuously check, and when those conditions are met, Keepers issue on-chain transactions that execute the smart contract.
Implementations include DEX limit order functionality, automating yield harvesting and compounding, starting or stopping blockchain games, dynamic NFTs, DAO automation, and many others. For inspiration on what you can do with Keepers.--Reggie (talk) 07:56, 20 June 2022 (UTC)
Chainlink Keepers is a decentralized service offered purpose-built to manage tasks on behalf of smart contracts. Chainlink Keepers serve as a decentralized, hyper-reliable, and economically incentivized automation bot that wakes up smart contracts when they need to perform critical on-chain functions, which usually take place at regular time intervals
Chainlink Keepers enable smart contracts to automate key functions and event-driven tasks in a highly reliable, decentralized, and cost-efficient manner. There is no need for manual intervention. [7]
In short, Keepers allow developers to leverage smart contract automation to build feature-rich dApps that are fully decentralized end-to-end.--Reggie (talk) 08:09, 20 June 2022 (UTC)
- ↑ https://medium.com/the-olympus-post/zeus-finance-integrates-chainlink-chainlink-keepers-price-feeds-and-vrf-to-help-power-its-db67cbe4fd8f
- ↑ https://web3pills.substack.com/p/a-deep-dive-on-chainlink?r=853y5&s=w&utm_campaign=post&utm_medium=web
- ↑ https://chainlinktoday.com/how-chainlinks-technology-enables-a-world-powered-by-cryptographic-truth/
- ↑ https://www.coindesk.com/tech/2022/06/29/chainlinks-smart-contract-products-go-live-on-fantom/
- ↑ https://fantom.foundation/blog/chainlink-keepers-and-vrf-now-live-on-fantom/
- ↑ https://avalancheavax.medium.com/chainlink-keepers-and-chainlink-vrf-go-live-on-avalanche-3ebee050ebef
- ↑ https://picklefinance.medium.com/pickle-finance-univ3-jars-powered-by-chainlink-keepers-8ce1756a2497