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🥁Ta-da! The long-waited report on #Oracle from IOSG is here! Fresh-baked still searing! Let's unveil it together!
🧶Enjoy your threads
#IOSGResearch
@BigFoxKo
📍pdf.iosg.vc/IOSG_Research_…
🧶Enjoy your threads
#IOSGResearch
@BigFoxKo
📍pdf.iosg.vc/IOSG_Research_…
/1 What is oracle❓
Oracle is the bridge and window of on-chain and off-chain data and the aggregator of real world elements like data, info, asset, credit. In short, oracle is a middleware providing real-world data services for blockchain projects.
Oracle is the bridge and window of on-chain and off-chain data and the aggregator of real world elements like data, info, asset, credit. In short, oracle is a middleware providing real-world data services for blockchain projects.
/2 Why significant❓
Oracle can be essentially referred to as the “trust-maintenance machine”. More trust is needed to be fed in from the oracle and the vast majority of blockchain projects cannot survive without oracles because it will directly make them blind.
Oracle can be essentially referred to as the “trust-maintenance machine”. More trust is needed to be fed in from the oracle and the vast majority of blockchain projects cannot survive without oracles because it will directly make them blind.
