Validate API3 wallet address
Disclaimer: This tool will try to validate the syntax of your address and is unable to actually confirm if specific address exists or belongs to someone. Regardless of the results of this tool, always double check that you are sending/receiving funds to an existing address.
API3, launched in 2020, operates as a decentralized oracle solution that aims to provide secure and decentralized data feeds for blockchain-based applications. It offers features like first-party oracles, data aggregation, and airnode infrastructure for retrieving off-chain data. Transactions involving API3 include querying and retrieving off-chain data for blockchain-based applications, such as smart contracts and decentralized finance (DeFi) protocols. All transactions are recorded on the blockchain for transparency and security. Users can validate API3 wallets and transactions by cross-referencing crypto addresses on the blockchain. API3 aims to address the limitations and vulnerabilities of existing oracle solutions by providing a decentralized and trust-minimized infrastructure for accessing off-chain data. Its transaction history reflects efforts to create a secure and reliable oracle network that enhances the functionality and security of blockchain applications.