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Switchboard

Switchboard is a permissionless, customizable, multi-chain oracle protocol for general-purpose data feeds and verifiable randomness. It enables anyone to push any form of data, regardless of type, providing a one-stop shop for users and helping to power the next generation of decentralized applications.

What is Switchboard?

Switchboard is a community-driven, decentralized oracle network built on Solana that enables smart contract developers to access reliable on-chain data. Launched in 2021, it has become a leading oracle solution, providing real-time information for over 500 assets across more than 100 projects on multiple blockchains. (docs.switchboard.xyz)

How Does Switchboard Work?

Switchboard allows users to create custom data feeds by aggregating information from both on-chain and off-chain sources. It utilizes Trusted Execution Environments (TEEs) to ensure secure data processing, and its pull-based architecture reduces data staleness and costs by fetching data only when needed. (research.tokenmetrics.com)

What Makes Switchboard Unique?

Switchboard stands out due to its permissionless feeds, customizable feed logic, decentralized validators, and low fees enabled by Solana's efficiency. It also offers a no-code builder for creating feeds and provides verifiable randomness powered by TEEs, making it highly flexible for various decentralized applications. (rob-liquidityape.medium.com)

Who Are the Founders of Switchboard?

The core contributors to Switchboard include Nate Herring (CEO), a seasoned entrepreneur with a background in data science and machine learning; Jaron Heard (CTO), a veteran software engineer with over a decade of experience; and Brooke Sorensen (COO), who brings operational experience from several high-growth tech startups. (solanacompass.com)

Latest News

What Key Events Have There Been for Switchboard?

In May 2024, Switchboard raised $7.5 million in a Series A funding round co-led by Tribe Capital and RockawayX, with participation from Solana Foundation, Aptos, and StarkWare. The funding aims to expand its oracle tools and use cases with web3 developers and community members. (theblock.co)

Project Announcements

In August 2024, Switchboard introduced a groundbreaking Oracle Aggregator, enabling seamless data integration across multiple oracle networks, including Chainlink and Pyth Network. This tool enhances the versatility and reliability of decentralized finance applications. (cointrust.com)

Upcoming Events

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Projects Announcements

Where to Buy Switchboard?

As of now, specific exchanges where the Switchboard token is listed are not readily available. It's recommended to check major cryptocurrency exchanges or the official Switchboard website for the most up-to-date information.

Switchboard Price

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Market Cap and Valuation

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Switchboard Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding the price prediction of the Switchboard token.

How to buy Switchboard?

To purchase Switchboard tokens, follow these simple steps using the Bitget Wallet: Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store. Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password. Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods. Navigate to the Market: In the Bitget Wallet, go to the market section and search for Switchboard to view available trading pairs. Place Your Order: Select the desired trading pair (e.g., Switchboard/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, Switchboard tokens will be added to your wallet.

FAQ

What is the Purpose of Switchboard?

How Can I Participate in Switchboard's Ecosystem?

What Sets Switchboard Apart from Competitors?

Is Switchboard Secure?

What are the Risks Associated with Switchboard?

Community Sentiment

8.84K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.