One of the strong altcoin projects Pyth Network (PYTH) introduced its new oracle solution Lazer. Laser was developed specifically for cryptocurrency trading applications and exchanges that require high speed and precision, providing low-latency price feeds. The new solution is designed as a complementary service to Pyth Core.
Real-Time Transactions with Ultra-Low Latency
In the statement made by Pyth Network Laser It was stated that the oracle can transmit price data with millisecond updates. The solution provides ultra-low latency with customizable channel frequencies. This enables decentralized finance (DeFi) protocols to perform real-time market analysis and execute fast transactions.
Project officials emphasized that the Laser was designed for high transaction volume applications. Solution, solana It can support 20 price feeds simultaneously on (SOL). This efficiency aims to minimize transaction costs in Blockchain environments.
Laser, Ethereum 
$3,333.4 Virtual Machine (EVM) and Solana Virtual Machine It will be able to work on various Blockchain networks such as (SVM). It will also be able to provide detailed data such as bid-ask prices and market depth by supporting thousands of different price feeds.
Providing Reliable First-Hand Data
Unlike traditional oracle solutions, Pyth Network does not rely on third-party data sources. Instead, it gets its data directly from first-party publishers. These publishers include leading exchanges, market makers and financial services providers.
Recently, Pyth Network, a financial technology company Revolut It collaborated with and added it to its data publishers. Revolut has started offering price data for various cryptocurrencies.
This new service of Pyth Network, called Laser, is seen as an innovation in the industry for both DeFi applications and decentralized exchanges. Laser with fast and reliable price feeds cryptocurrency marketIt aims to create a competitive advantage in
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
