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What is RedStone (RED)?

RedStone is a modular oracle platform that delivers fast, precise, and cost-effective data feeds to decentralized applications (dApps). Unlike traditional oracles that push data to the blockchain at fixed intervals, RedStone fetches data on demand, storing cryptographically signed information off-chain and providing it to smart contracts only when necessary. This approach boosts efficiency and greatly reduces costs for dApps. Its flexible architecture allows for seamless integration of new assets and lowers latency, enabling dApps to grow more effectively.

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