oracles
3 Posts
By Gustavo Lobo / June 22, 2022
Introduction In our previous paper on oracles, we dove into the intricacies that make up these networks, both old and new. Among the oracles discussed was Chainlink, the decentralized oracle network whose Total Value Secured is currently sitting at $37.3bln, making it the current leader among blockchain oracle solutions by a landslide (Figure A). Earlier […]
By Gustavo Lobo / May 26, 2022
Introduction A blockchain oracle is a third party data-feed that serves as a bridge between blockchains and data that exists off-chain. In our last piece, we talked about what blockchain oracles are, the problem they’re looking to solve, and why they’re a crucial part of the reliability and scalability of smart contracts. The immense growth […]
By Gustavo Lobo / May 16, 2022
Table of Contents What is an Oracle? A blockchain oracle is a third party data-feed that serves as a bridge between blockchains and data that exists off-chain. As the crypto industry surges with an influx of builders and ideologists, the need for a reliable oracle becomes increasingly urgent. The reliability of the data presented by […]