The State Connector is able to come to consensus on information from external blockchains and the internet, so that it can be used on Flare, for example whether a given Bitcoin transaction has occurred. It does so securely and in a decentralized manner.
Why
The State Connector allows applications to be built on Flare that can use data from external blockchains and the internet securely. It can power a wide range of interoperability solutions which in turn will enable developers to build applications that are multi-chain or cross-chain. Developers will be able to access the value, liquidity and information of multiple ecosystems through a single deployment.
How
The State Connector uses a set of independent attestation providers which fetch the required information from other blockchains and deliver it to the Flare network. The State Connector smart contract then checks if there is consensus among the received answers, making the results available to the network if so.
The State Connector can, for instance, check whether a deposit has been made on another blockchain, opening the door to more advanced mechanisms.
The State Connector allows information
from other chains to be securely and
trustlessly used on Flare.
The State Connector allows information from other chains to be securely and trustlessly used on Flare.