Starting with the share on the importance of data in smart contracts I proceed to cover oracles – what are they, their need and some categories of oracles. I talk about the Oracle problem and how it is being addressed – taking ChainLink and TownCrier examples.
Welcome to the Blockchain Hustle where I take a look at some interesting plays of how blockchain technology is opening up new business vistas across multiple industries.
TIME STAMPED SHOW NOTES:
[00.17] Introduction
[00.36] Data triggers in smart contracts
[01.26] Internal and External data triggers
[02.08] What are Oracles
[02.31] Why do you need Oracles
[03.58] Hardware and software based oracles
[04.31] Oracle problem
[05.01] Examples to address Oracle problem - ChainLink, TownCrier
[07.05] Summary
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LinkedIn http://sg.linkedin.com/in/meenusarin | Twitter @meenusarin |
Email meenu@vlsiconsultancy.com|
Website www.vlsiconsultancy.com | Blog http://www.vlsiconsultancy.com/newblog
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XDC Network AMA with XDSea
XDC Network AMA with XSwap Protocol
Some FAQs on Crypto
Demystifying Crypto and Blockchain
XDC Network AMA with PrimeNumbers
XDC Network AMA with Plugin
XDC Network AMA with Globiance
XDC Network AMA 2021 - a medley
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XDC Network AMA with Ecoin
XDC Network AMA with Yodaplus
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XDC Network AMA with StorX
XDC Network AMA with WadzPay
Increase your token value – Part 3
Increase the value of your token – Part 2
Increase your token value – Part 1
Token value and Velocity Problem
Slippage – What you should know about it
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