FirebaseRTC VS chainlink

You might also consider assessing complementary or alternative technologies; WebSocket and HTTP aren’t the only options when it comes to real-time communication, after all. WebRTC is similar to WebSocket, with the key difference being that it’s used to implement peer-to-peer connections without relying on a server. That can be especially helpful for video calls, allowing participants to communicate directly without introducing load to your server.

Low latency streaming (<500ms): The Video SDK's infrastructure is built with WebbRTC, which helps to deliver secure and ultra-low latency video streams to all audiences at different bandwidths.

Web Real-Time Communication (WebRTC) is a technology developed by Google in 2013 for peer-to-peer communication. WebRTC enables web browsers to capture audio, video, exchange data, and teleconferencing without plugins or intermediaries. WebRTC achieve these through APIs and protocols that interact with one another. WebRTC media streaming when used with SocKet.IO will produce an application that streams media and exchange data instantly. Socket.IO is a library that provides low latency bi-directional communication between client and server. Socket.IO was built on websocket, a communication protocol that provides a full-duplex and low latency communication between server and browser. In this article, readers will learn how to build a video chat application using WebRTC and Socket.IO. This article is for web developers who wish to develop web applications that can stream media between two peers of computers in real-time without installing any plugins.

Possibly you what to look into WebRTC: https://webrtc.org/

P2P is nothing new. It is a long-established means of connecting two or more people directly over a network. Web browsers are very capable of a wide range of P2P connections. Many apps use WebRTC to enhance realtime apps, but it is still an underutilized technology. Even with WebRTC, many apps are designed around the dependence on a central app server with WebRTC performing a user experience enhancement. Web meshes turn this idea on its head: Instead of using P2P connections to enhance the user experience, what if P2P connections were the foundation of the user experience? In other words, what if there was no central server?

The good news is that after reading all I have a better understanding of the Web Realtime Communicate and the big view, not just about small things like sending files. You can read all about WebRTC here

WebRTC is an open-source project that delivers video streams to viewers with real-time latency. Initially developed for text-based chat apps and VoIP usage, its popularity has grown among video chat and conference app developers after being purchased by Google. The WebRTC protocol is a low-latency streaming solution that relies on peer-to-peer streaming (P2P); it is utilized by some of the most used apps like Google Meet, Discord, Houseparty, WhatsApp, and Facebook Messenger.

You may wanna look at WebRTC (https://webrtc.org) as thats the technological foundation of what youre looking to do.

Chainlink (LINK) – The Blockchain Oracle Giant

Chainlink allows smart contract developers to receive a wide variety of off-chain data, with the most commonly used features being receiving off-chain randomness and off-chain pricing data. Integrating your smart contracts with Chainlink provides a unique set of potential security vulnerabilities that attackers can exploit; here are the common vulnerabilities that smart contract developers & auditors need to look out for.

As well as feeding real-world data to smart contracts, oracles can be used to monitor other blockchains and pass information about them between networks. Chainlink has made progress in this direction, with their Cross-Chain Interoperability Protocol (CCIP). This enables the creation of multi-chain apps. The protocol is maintained by a decentralized network of nodes. However, this is unlikely to be as secure as the chains between which messages are being sent.

I do like the example of Etherisc as a simple showcase of what could be possible. It is a decentralised insurance platform, where right now you can purchase insurance against flight cancellations. Should the flight be cancelled a decentralised network Chainlinkreports to Ethereum the flight number and smart contract pays you out. Unlike traditional insurance (provided there has been security system of all systems involved) there is no way for the smart contract not to pay you out. With companies they can go bankrupt, argue against some technicality or have their own funds frozen due to clerical error.

We’d like to express our deep gratitude to Axelar, Chainlink Labs, Polkastarter, and Hacken for their generous support. We’re also proud to announce that our EU Incubator winners and participants, including Port3 Network, Blockless, Shorter Finance, and Dynamic Labs, will be joining us to share and sponsor bounties in our hackathon.

This is an example of my current work, though you have to go back in history a bit to see my name on the commits.

This is by no means an exhaustive list, just a smattering of some of the bigger projects doing neat things.

The graph protocol - decentralized blockchain indexing feeding a network of graphQL servers hosting the data powering dapps https://thegraph.com/en/

Chainlink - decentralized on-chain oracles for basically any piece of data from the real world - https://chain.link/

MakerDAO - creator of the first “soft pegged” stablecoin, it is a series of smart contracts that allow people to lock up crypto as collateral and mint DAI, uses a number of neat and novel mechanisms to keep peg by adjusting interest rates and incentivizing economic behavior https://makerdao.com/en/

Compound - a decentralized lending and borrowing protocol with no centralized authority handling liquidations/collateral pricing/etc. https://compound.finance/

Uniswap - a decentralized exchange for swapping assets in a trustless way, has neat features like flash loans where you can borrow a large amount of money (millions of dollars) for the length of one transaction, as long as the money is returned with a fee. This allows anyone to do things like capture arbitrage opportunities, liquidate large positions, or whatever else can be done in one transaction. https://uniswap.org/faq

A lot of these are DAOs using smart contracts to propose and vote on binding proposals on chain and adjust parameters within the protocol or paying contributors and whatnot. You can see an example here https://compound.finance/governance

Beyond that there’s other blockchains focused on specific use cases like GameFi, bridges connecting together different blockchains and moving liquidity between them in a mostly seamless way, massive research attention being paid to zero knowledge proofs (which have a lot of potential implications in the real world), and multi-sig contracts for only doing things when a quorum of key holders come together and signal their intent.

Chainlink A Oracle network for retrieving real-world data in a decentralized manner.

I have managed to complete the major part of the interoperability projects this year. I have been optimistic about Cosmos, Polkadot, and Chainlink, and I am becoming increasingly interested in the Bifrost network (layer 1). I've been reading the articles about their upcoming launch. The Bifrost network has introduced some features that other projects do not have yet. However,they are still unsure about the rewards for participating in the BIFROST BIT Testnet Reward Program as described in the article. This contributes to their goal of making the most of the Incentivized Testnet and ensuring that BIFROST is stress-tested and ready for mainnet. I still need to learn more about the Network and how it differs from the DOT and cosmos projects. I am interested in participating in the launch but still don't have any clear info and how to go about this.

Chainlink is currently ranked #23 cryptocurrency on CoinMarketCap, with a fully diluted market cap of $7.2 Billion. Chainlink was founded in 2017, and is the most powerful decentralized oracle in the crypto space. LINK has been rapidly integrating off-chain data and external price/data feeds within their smart contract platform. There are limitless use cases for this chain. Robinhood supports LINK buying, selling and deposits/withdrawals via the built in wallet.