Sergey Nazarov joins as we speak’s episode of The Breakdown to debate the function of worth oracles within the current DeFi assaults, plus what DeFi can be taught from early trade hacks.
The DeFi world continues to dissect the current assaults on bZx. To most, the quantity misplaced within the assaults is much much less related than what the assaults recommend about how DeFi purposes must be designed.
Inside that, one key subject of dialog is the function of worth oracles – the methods by which DeFi purposes examine the costs of belongings that dictate what occurs in a given sensible contract. Since asset worth manipulation was on the core of the current assaults, this can be a notably pertinent space of inquiry.
Yesterday, Chainlink announced it could be serving to bZx improve its methods, making the most of Chainlink’s just lately launched “meta oracle.” On this episode of The Breakdown, Chainlink founder Sergey Nazarov discusses:
Disclosure Learn Extra
The chief in blockchain information, Fintech Zoom is a media outlet that strives for the very best journalistic requirements and abides by a strict set of editorial insurance policies. Fintech Zoom is an unbiased working subsidiary of Digital Foreign money Group, which invests in cryptocurrencies and blockchain startups.