Oracles
12,658 views
11 Discussing
Hot
Latest
*** ๐ The Power of Oracles in Blockchain: Connecting the Real World to Smart Contracts ๐ ***
Oracles are a crucial component in the blockchain ecosystem, bridging the gap between the decentralized world of smart contracts and real-world data. Without them, blockchain applications would be isolated, unable to access key external information such as price feeds, weather data, or even sports scores.
๐ Popular Oracles in Crypto:
- Chainlink ($LINK ): The leading decentralized oracle network, known for its security and reliability.
- Band Protocol ($BAND ): A fast and scalable oracle solution with a strong focus on DeFi.
- API3 ($API3 ): Providing decentralized APIs to connect smart contracts to external data sources.
๐ก Why Oracles Matter: Oracles are essential for decentralized applications (dApps) in areas like DeFi, NFTs, insurance, and more, enabling smart contracts to interact with the outside world.
๐ What do you think about the future of oracles in blockchain? Which solutions do you believe will dominate in the coming years? Let's discuss!
#Oracles #Chainlink #BandProtocol #API3 #DeFi
Oracles are a crucial component in the blockchain ecosystem, bridging the gap between the decentralized world of smart contracts and real-world data. Without them, blockchain applications would be isolated, unable to access key external information such as price feeds, weather data, or even sports scores.
๐ Popular Oracles in Crypto:
- Chainlink ($LINK ): The leading decentralized oracle network, known for its security and reliability.
- Band Protocol ($BAND ): A fast and scalable oracle solution with a strong focus on DeFi.
- API3 ($API3 ): Providing decentralized APIs to connect smart contracts to external data sources.
๐ก Why Oracles Matter: Oracles are essential for decentralized applications (dApps) in areas like DeFi, NFTs, insurance, and more, enabling smart contracts to interact with the outside world.
๐ What do you think about the future of oracles in blockchain? Which solutions do you believe will dominate in the coming years? Let's discuss!
#Oracles #Chainlink #BandProtocol #API3 #DeFi
See original
๐๐ก๐ ๐ฌ๐จ๐ซ ๐๐ง๐ ๐๐ฌ ๐ญ๐ก๐ ๐ฌ๐จ๐ซ ๐๐ง๐ ๐๐ญ ...
๐ธ ๐๐๐ ๐๐๐ ... ๐ธ ๐๐๐ ... ๐ป๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐ ... ๐ธ ๐๐ ๐๐๐ ๐๐๐ ... ๐๐ก๐๐๐๐๐๐. ๐ป๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ... ๐ธ ๐๐๐๐๐๐๐๐๐ ...
๐๏ธ ๐ช ๐ฑ ๐๏ธ
The next Chainlink? What is DIA? ๐โโ๏ธ $DIA (50x potential ๐๐)
#DIA in crypto stands for ๐งโ๐คโ๐ง Decentralized Information Asset. It is an open source Web3 data and oracle platform that allows smart contracts to connect to external data sources, such as DeFi market data and centralized APIs. ๐ฉโ๐ป
DIA platform was founded in 2018 by ๐งโโ๏ธ Michael Weber, who is the current CEO of DIA. Weber is a serial entrepreneur and has a background in software development and finance.
Why DIA? ๐ค
1. ๐ง Transparency: Transparent platform that allows users to track the data sources that are being used and to see how the data is being processed.
2. ๐ฏ Accuracy: Use a variety of methods to validate the accuracy of its data, including data triangulation and community review.
3. ๐ฏ Security: Secure platform that uses encryption and other security measures to protect user data.
4. ๐ฅ Scalability: Scalable platform that can be used to provide data to a large number of users simultaneously.
5. ๐ฑ Wide range: Data including token price feeds, NFT floor prices, LSD price feeds (Liquid Staked Derivatives), and more.
DIA token is the native governance token of the DIA platform. It is used to propose and vote on platform upgrades, as well as to incentivize users to contribute data and participate in the DIA ecosystem. ๐ช
โ๏ธ Market cap: $29M
โ Circulating supply: 110M DIA (55%)
โ Max supply: 200M DIA
Conclusion, DIA is a useful cross-chain oracles for Web3 projects, source on-chain and off-chain data from multiple markets on any network including Polygon, Sushi, Quickswap, PancakeSwap, Curve, BNB Chain, Ethereum and more. ๐
#cryptonews #cryptocurrency #crypto #oracles ๐
The next Chainlink? What is DIA? ๐โโ๏ธ $DIA (50x potential ๐๐)
#DIA in crypto stands for ๐งโ๐คโ๐ง Decentralized Information Asset. It is an open source Web3 data and oracle platform that allows smart contracts to connect to external data sources, such as DeFi market data and centralized APIs. ๐ฉโ๐ป
DIA platform was founded in 2018 by ๐งโโ๏ธ Michael Weber, who is the current CEO of DIA. Weber is a serial entrepreneur and has a background in software development and finance.
Why DIA? ๐ค
1. ๐ง Transparency: Transparent platform that allows users to track the data sources that are being used and to see how the data is being processed.
2. ๐ฏ Accuracy: Use a variety of methods to validate the accuracy of its data, including data triangulation and community review.
3. ๐ฏ Security: Secure platform that uses encryption and other security measures to protect user data.
4. ๐ฅ Scalability: Scalable platform that can be used to provide data to a large number of users simultaneously.
5. ๐ฑ Wide range: Data including token price feeds, NFT floor prices, LSD price feeds (Liquid Staked Derivatives), and more.
DIA token is the native governance token of the DIA platform. It is used to propose and vote on platform upgrades, as well as to incentivize users to contribute data and participate in the DIA ecosystem. ๐ช
โ๏ธ Market cap: $29M
โ Circulating supply: 110M DIA (55%)
โ Max supply: 200M DIA
Conclusion, DIA is a useful cross-chain oracles for Web3 projects, source on-chain and off-chain data from multiple markets on any network including Polygon, Sushi, Quickswap, PancakeSwap, Curve, BNB Chain, Ethereum and more. ๐
#cryptonews #cryptocurrency #crypto #oracles ๐
WINkLink has a target of reaching 1 $USDC , but they experienced problems at the start of its launch, because these obstacles made investors run away. Hopefully this time $WIN returns to its initial target. #Write2Earn #TrendFollowing #oracles #WIN #LINK
๐ข KP3R: Your Gateway to DeFi Oracles!
$KP3R (Keep3rV1) is a decentralized finance (DeFi) oracle network that empowers users with reliable data feeds for smart contract applications. By leveraging the power of blockchain technology, KP3R ensures accurate and timely information for decentralized applications, enabling seamless interactions within the DeFi ecosystem.
๐ก With KP3R, users can access a wide range of data points securely and efficiently, making informed decisions and optimizing their DeFi strategies. Join the KP3R community today and unlock the potential of decentralized oracles with KP3R
#KP3R #Keep3rV1 #DeFi #oracles #blockchain
$KP3R (Keep3rV1) is a decentralized finance (DeFi) oracle network that empowers users with reliable data feeds for smart contract applications. By leveraging the power of blockchain technology, KP3R ensures accurate and timely information for decentralized applications, enabling seamless interactions within the DeFi ecosystem.
๐ก With KP3R, users can access a wide range of data points securely and efficiently, making informed decisions and optimizing their DeFi strategies. Join the KP3R community today and unlock the potential of decentralized oracles with KP3R
#KP3R #Keep3rV1 #DeFi #oracles #blockchain
What is your top Oracle for the #altsesaon ?
1. Chainlink
2. Pyth
3. Band
4. UMA
5. Tellor
#Oracles #2024WithBinance
1. Chainlink
2. Pyth
3. Band
4. UMA
5. Tellor
#Oracles #2024WithBinance