Supra Mission 1

Supra Mission 1 Answers

Question 1: What kind of data do oracles help smart contracts access on the blockchain?

—————- All of the above.

Oracles are like helpers that connect smart contracts on the blockchain to all sorts of information from the real world outside the blockchain. They make it possible for smart contracts to use this data to make decisions and do useful things.

Question 2: How much value was stolen from bridges in 2022 alone?

—————-Over $2 billion USD

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$SUPRA Airdrop

Supra Oracles is a powerful cross-chain oracle network designed to power dApps across blockchain ecosystems with fast, secure, decentralized, and scalable data solutions. From DeFi to GameFi, our network delivers the data feeds and connections Web3 needs to reach its full potential.

Is Supra Airdrop Legit?

Supra airdrop is legit, and you don’t need to spend money or buy crypto to join.

The airdrop is a Learn to Earn (L2E) campaign where you earn interesting Supra rewards by learning about the Supra blockchain and how it improves DeFi.

All you need to do is answer the SupraOracles mission quizzes to claim mission crates. So, you have nothing to lose. If you’re new to crypto, this airdrop is great for you as you’ll learn more about crypto as you participate in the campaign.

Ensure you follow the official Supra channels on social media and participate in their online community to get more updates and understand the project better.

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i know many bro's here already own one. . . . but i do hope that me and other boys also get our own #supra #BTC‬ #FollowMe #Write2Earn

little gift from you guys will be appreciated

What are oracles, and why are they crucial for blockchains?

You know that blockchains are inherently closed systems, right? Well, did you know that means what they can do is limited without oracles feeding them data? They can’t access commodity prices, crypto prices, real-world events, etc. on their own. It’s real tough, I mean these things are pretty darn crucial for useful apps. That’s why oracles are so important, they’re like the transmitters between on-chain dApps and off-chain data sources.

Blockchain smart contracts really need oracles to be expressive and useful, or as some like to say, to help smart contracts do cooler stuff. For example, if we set up a smart contract to transfer USDC worth one BTC from Zane’s wallet to Xeon’s wallet on a certain calendar date in Earth time, the smart contract needs an oracle to figure out the exact value of BTC in USDC to transfer to Xeon’s wallet. It needs non-stop awareness of the relevant date and time too.

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Of course, oracles need to work with accuracy, speed, and security. You can’t have an oracle slowing down a whole blockchain network or putting a smart contract at risk. However, not all oracles are built alike. Before picking your oracle, you need to compare their designs and metrics like quality of data source, number of data sources, latency or time to finality, and decentralization.

Centralized oracles go about their business with a limited set of data sources and tend to have multiple single points of failure. Decentralized and cryptographically secure oracles tap into multiple independent data sources, and they make sure that their node operators can’t coordinate with each other either. This gives smart contracts more accurate, tamper-proof data to act upon. And that’s what we’re all gunning for at the end.

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🌐 𝐒𝐮𝐩𝐫𝐚'𝐬 𝐏𝐚𝐫𝐚𝐥𝐥𝐞𝐥 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐨𝐧: 𝐀 𝐆𝐚𝐦𝐞-𝐂𝐡𝐚𝐧𝐠𝐞𝐫 𝐟𝐨𝐫 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐒𝐩𝐞𝐞𝐝!🔥

While most blockchains struggle with transaction speed, Supra's three-tier parallel execution strategy stands out.

⏩ 𝐇𝐞𝐫𝐞'𝐬 𝐰𝐡𝐲:

1️⃣ 𝗧𝗿𝗶𝗯𝗲𝘀 & 𝗖𝗹𝗮𝗻𝘀 𝗡𝗲𝘁𝘄𝗼𝗿𝗸 𝗗𝗲𝘀𝗶𝗴𝗻: Unlike traditional sharding, $Supra Clans operate independently, handling tasks like oracle services and smart contracts across multiple virtual machines (EVM, SolanaVM, etc.). This massively reduces processing time 💥

2️⃣ 𝗦𝘂𝗽𝗿𝗮 𝗖𝗼𝗻𝘁𝗮𝗶𝗻𝗲𝗿𝘀: Supra's innovation here is akin to having your own Layer-2 for dApps. By isolating dApp operations, these containers eliminate network congestion, ensuring transactions are processed swiftly within a dedicated blockspace. It's like giving each dApp its own personalised superhighway for data 👏

3️⃣  𝗣𝗮𝗿𝘁𝗶𝗮𝗹 𝗢𝗿𝗱𝗲𝗿-𝗕𝗮𝘀𝗲𝗱 𝗣𝗮𝗿𝗮𝗹𝗹𝗲𝗹 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻: Supra's deterministic model analyzes transactions upfront, allowing non-conflicting ones to run in parallel. This is a leap ahead of speculative models used by others like 🅰🅿🆃🅾🆂, which often lead to costly rollbacks. Supra's method ensures that transactions are processed efficiently, without delays or bloated transaction sizes, unlike 🆂🅾🅻🅰🅽🅰'🆂 🆂🅴🅰🅻🅴🆅🅴🅻 🤝

🚀 𝗪𝗵𝘆 𝗶𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: Supra's architecture isn't just fast-it's built for scalability and efficiency, offering a smoother, more reliable blockchain experience. Transactions are faster and costs are lower.. If you're looking for a blockchain that's truly next-gen, Supra may be leading the charge

Are you Bullish? 🚀
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