/biz/ - Business & Finance

1k is fud this shit is the foundation of the future of the world. The glue that holds everything together. The core of the expansive capabilities of smart contracts.

yeah you guys were right its a scam. pretty crazy people cant see it but not a lot of people can review code i gues.

>>24343392
Trusted Oracle Network
Oracles act as third-party services that feed smart contracts with external data as they are unable to fetch external information on their own. Data feeds in web APIs are usually not deterministic like blockchain and smart contracts. Therefore, oracles act as a bridge that is capable of processing external and non-deterministic information into a format that can be understood and executed by smart contracts. It should be noted that obtaining information from a single oracle is not reliable; therefore, multiple oracles are needed to report news and information feed to the smart contract. Then, smart contract validates and checks the reported data from multiple oracles to verify the trustworthiness of the reported data. This eliminates the need for trusting only one source, avoiding the occurrence of a single point of failure.

You don't have to do anything, you just have to check em.

OFF TO THE MOON BABYYYYYYY

Fellas, what's the best place for an Australian to buy into this moon mission?

what do you think her asshole smells like?

Give it to me straight /biz/, was the FUDDing just like this during the early days of ETH?

>>7969951
>there's no reason a private network would have any incentive linking to a public oracle network.
No reason, unless they trustlessly wanted to interact with any of the things listed in the image.