Discover and read the best of Twitter Threads about #Oracles

Most recents (16)

Want to find the next $SOL or $MATIC?

Pay attention to a new breed of L1s known as "parallel processing” chains

Protocols like @Aptos_Network, @SeiNetwork and @SuiNetwork claim > 160K TPS and sub-second finality

Here are the 5 things you need to know to gain an edge

👇

🧵
2/

This thread will cover:

• What are the problems with existing L1s?

• How does parallel processing fix these problems?

• What new L1s are using this technology?

• What are the problems with parallel processing?

• What’s the long-term potential?
3/

🔶 What are the Problems with Existing #L1s?

There’s no denying that #Ethereum has achieved tremendous success

In just a few years, it has:

• Created > $150B in value for DeFi

• Generated > $35B in NFT sales

• Supported > 11K DAOs

But it's not without its problems
Read 34 tweets
* Oracles
* We have developed a script that runs at any frequency to associate a Datum to an address
* We have found some restrictions: A Datum can write only integer information, but prices are floating. A conversion formula is needed.
* Exploration of MLabs libraries for contract testing. This will help us for a type of internal audit.

* Rebalancing current portfolio of Cardano Index
* AGIX valuation increased considerably
* Selling half to get profits and rebalance with other tokens
Read 8 tweets
Au 3 Novembre 2022, 13% de la capitalisation du marché #crypto est constituée de #stablecoins 🏦

Combien connaissent leur fonctionnement 🤔

À la fin de ce #thread, vous comprendrez le mécanisme derrière les plus grands stablecoins et leurs désavantages pour mieux s’en protéger.
[0 - XX] Ce thread vous apprends

• Le mécanisme derrière ce modèle économique 💰
• Son utilité 🤔
• Une présentation des différentes alternatives: $USDC, $DAI et $LUSD 👍

En 5 minutes.
[1 - XX] Retrouvez ce thread en format blog sur mon medium 👇
cesarioo.medium.com/les-stablecoin…
Read 45 tweets
1/ With so many 💎 's underwater, which one deserves a spot in your portfolio?

After calling $LUNA at 1$ and riding it all the way ⬆️ to 90$, @CryptoWizardd's next big call is $MTRG

Why? Let's take a look 🧵 👇
2/ I went through every thread & docs to put together a much needed mega thread on @Meter_IO, so give a follow to these guys who helped made this possible 👇

👑@Anviant2
👑@CryptoRock__
👑@AdamHODL
👑@Paul250889
👑@UniswapD

Okay, ready for the alpha? Let's begin..
3/ Sitting at $50m MC w/ huge upside, it's one of the gems that'll thrive once the market stops lagging

Pls welcome: $MTRG ⮕ Future of Multi-Chain ⛓️

➡️Mcap: $43m
➡️ATH: $11,86
➡️Holders: 1,510
➡️Consensus: HotStuff-inspired #PoS 👀

Do u see it anon? I can go all night..
Read 30 tweets
[#THREAD]

Nous connaissons tous les #bridges de #token, mais une nouvelle tendance commence a voir le jour et peut représenter le futur des #NFTs : le Bridge #NFT 👀 🌉

Concrètement comment cela fonctionne ? 🔥

C'est par ici 👇

#Blockchain #Crypto #Ethereum #Bitcoin
[Qu'est-ce qu'un Bridge ?]

Par nature, Les #Blockchains ne peuvent communiquer entre elles.
C'est pourquoi des solutions d'infrastructures dites “inter-chaines” sous forme de "#bridge" ont été pensées.
Les #bridges #blockchain permettent alors ce qu’on appelle l’inter-opérabilité entre les différents réseaux.

Les bridges peuvent alors faire le lien entre des blockchains aussi différentes que le #Bitcoin ou #Ethereum.
Read 19 tweets
1/ Thread: #DeFi For Dummies 002: #DeFi Basics.

DeFi is a hybrid #smartcontract that combines on-chain code with off-chain proofs.

DeFi relies heavily on cryptography and blockchain technologies.

#blockchain #DeFi
#smartcontracts
2/ Thread: #DeFi For Dummies 002: #DeFi Basics

DeFi is taking on the contractual agreement you find on the global financial system in a permisonless and open way. MakerDao was the first DeFi project started in 2015
3/ Thread: #DeFi For Dummies 002: #DeFi Basics

The #DeFi EcoSystem.

a) #Lending & #Borrowing:- These are algorithmic autonomous interest protocols that allow users to supply protocols like ether etc.Eg: Compound and Aave
Read 10 tweets
1/ The journey of @iota [MONSTER THREAD] - From the top 5 token to the top 50 token and why it will at least get back into the top 5.
2/ #IOTA was founded in 2015 with the aim and vision of developing a #DLT protocol in which people and machines, can communicate via data & value tx permissionless, feeless, efficient and with the least technical requirements -
With a high level of security, decentralization…
3/ …and Scalability➡️blockchain trilemma.
They also wanted to develop their own #smartcontracts, #oracles, #identity solutions, etc.

At that time they already attracted the attention of the then much smaller #crypto community.

Why?
Read 87 tweets
1) The weekend vibe, going through the @solana Season Hackathon projects. #DeFi on Solana is still in its infancy with a lack of key infrastructures. This presents unique opportunities for the market to fill these gaps. A thread on the lending/Money Market protocols on Solana.
2) @solendprotocol is an algorithmic, decentralized protocol for lending and borrowing on @solana, featuring leverage long/short, interest-bearing collateral tokens (cTokens), AMM LP positions as collateral, isolated lending, and credit market on Solana. Image
3) Earn and borrow against any SPL tokens, borrow against any AMM LP position, leverage long/short any SPL token. Image
Read 15 tweets
The thing with #crypto and #bitcoin is that right now practically everything that’s out there is built on the same “usecase” - speculation, casino and pyramid schemes (#Defi). So that is exceptionally vulnerable to Fed moves. However, there are now so many smart & motivated...
... people working in #crypto & on making the #blockchain a useful tool in our lives that betting against that innovation is now pretty poor risk reward. There are thousands of usecases that may or may not require a token, but they will be built:
- identity on chain makes identity theft impossible & where would you store it if not on the most decentralized one (ie $BTC)
- voting will be done on chain, instant results no fraud
- clearinghouses will disappear as the #blockchain replaces settlement (albeit a centralized one)
Read 7 tweets
Thank you @MikeThaInvestor for hosting @DanSimerman! Dan starts out with "IOTA has seen quite a transformation" "We have taken a step back and really wanted to focus, build, and deliver." "The sleeping giant is awakening!" People don't realize the scale and scope of our vision.
Anyone can copy #Bitcoin or #Ethereum and say they are unique, but #IOTA really is unique in a very literal sense. Mike comments on the Tangle, a DAG instead of a normal blockchain. Dan: in 2015 the #IOTA founders realized a new architecture was needed to break out of limits.
Read 28 tweets
Excited for the partnership between $ORAI and $OCEAN and what it means for making #AI services accesible for mainstream use via Oraichain's #AIMarketplace and the Ocean Market.

Read the thread below 👇

finance.yahoo.com/amphtml/financ…
@oceanprotocol will provide #ComputeToData technology and offer their ecosystem partners to leverage Oraichain's AI Request Hub.

Oraichain will enhance the Ocean Market offerings with data from Oraichain's AI APIs, AI Models and more.

$ORAI + $OCEAN
Oraichain's AI Request Hub will be the platform where any person or company can request customized AI services, including #AI #oracles

An automated lead generation platform for AI products and services. Ocean will help enhance it and redirect their partners to utilize it.

$ORAI
Read 8 tweets
This bull market’s top-performing token? It’s @ZapProtocol -a @chainlink $LINK alternative that represents the most decentralized oracle proxy for smart contracts.

A THREAD👇🏼:

#Bitcoin #defi #crypto #eth #ERC20 #oracles #bondingcurves
fxstreet.com/cryptocurrenci…
$zap is a multifunctional blockchain solution offering full liquidity for many #DeFi use-cases like data monetization, token creation, & creating various #DApps. $zap smart contract templates use #bondingcurves, algorithmic market makers that provide liquidity for the protocol.
In comparison w/ @chainlink, @ZapProtocol allows users to create #decentralized #oracles using #smartcontract templates, and to buy and sell the oracle tokens in an open fully-liquid marketplace.
Read 5 tweets
0/ Reasons why you should be #Bullish on $BAND @BandProtocol

If you are bullish on #defi and smart contract adoption, you want to get exposure to needed middleware like #oracles. Smart contracts can't access real-world data and APIs, and oracles like $BAND solve this problem
1/ Chainlink dominating 97% of the entire oracle space having the first-mover advantage. $BAND was founded in 2017, on the market since late 2019 with now around 2.6% of chainlinks market cap.
So the question is how big can $BAND grow and capture value relative to $LINK?
2/ If we look at other spaces eg smart contracts, $EOS & $ADA are around 10-15% of $ETH's market cap

Exchange token show a better ratio with $HT at 40% of $BNB value while $OKB and $FTX are around 10%

If $BAND does a similar ratio of ~15% of $LINK - that puts it already at ~$25
Read 20 tweets
I see the (#ETH) public chain private chain debate the same way as centralized/internal #oracles and decentralized oracles (#LINK). Companies started using private chains, as it's easier to test with, it's private from the competition and they have higher throughput right now.
Endgoal is still public chain. This is very clear and specifically confirmed by market leaders like #EY's Paul Brody recently again, #Gartner and #Capgemini. The real value of immutable ledger and end-to-end secure smart contracts lies with the open, decentralized way.
It just takes time till companies can/should use public chain. Privacy is one condition to be met before this happens for example.

Just as these companies test around with private #ethereum chains, they test around with private/centralized smart oracles.
Read 6 tweets
The key value of #Blockchain is immutable state and censorship-resistant access to that state

Unfortunately state changes are limited to direct user inputs, which isn't ideal for contracts that affect multiple parties

This space is still missing the other half of the equation
What we're missing is a trust-minimized and provably secure off-chain agent that can reliably trigger a state change on the behalf of the contract's beneficiaries

Importantly, that state change can be based off of the real world data ALL traditional real-world contracts require
I think you know what I'm getting at

>>> Oracles <<<

The vast majority of useful #SmartContracts will need secure oracles as the data they require to execute is off-chain

#Oracles are the bridge between the on-chain world and the off-chain world

The gatekeeper so to speak
Read 14 tweets

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