A few days ago, Hubble Protocol integrated Soteria, a @solana smart contract audit tool. Thanks, @aeyakovenko for the heads up! pic.twitter.com/ykTQWG9HvG
Excited to see how many use this smart contracts .. I love collectibles and love seeing art 🖼 and artists thrive but there’s a lot more to NFT’s …. A lot more twitter.com/SquawkCNBC/sta…
“We heard the same concern over and over again: a panic over giving up control.” is how @Benioff described initial reactions to SaaS replacing on-premise, until the value of SaaS won out. It'll be the same story with Smart Contracts, as their ability to deliver value improves
1/ We're in the process of helping @bzxHQ solve this pricing data manipulation issue for the long-term by using our decentralized oracle network's price reference data; feeds.chain.link providing both a decentralized oracle mechanism and multiple quality data aggregators. twitter.com/el33th4xor/sta…
A recent podcast about how #DeFi's growth is the early stages of universally connected smart contracts gaining adoption. Enabled by decentralized oracle mechanisms (@chainlink) and the on-chain data delivery they enable. Thanks @jamie247 for having me on; apple.co/3fLL2cx pic.twitter.com/TDExXEGjUb
One scenario for the adoption of smart contracts as the dominant form of digital agreement is driven by a loss of faith in “brand-based” contracts. These contracts may fail in extreme market conditions, to be replaced by “math/cryptography-based” contracts coindesk.com/how-defi-could… pic.twitter.com/pmQHSf7hnF
Data quality is an important consideration for smart contract developers to keep in mind, and especially relevant when building #DeFi Smart Contracts. Here are some key considerations about data quality working together with an oracle mechanism's security blog.chain.link/the-importance…
Thrilled to share my presentation from @initc3org's bootcamp: bit.ly/2F3MgT9, covering some of the key points for designing a decentralized oracle mechanism: Data quality, Origin Proofs, Data Validation, Crypto-economic Security and Data Privacy: youtube.com/watch?v=t29bBB… pic.twitter.com/74eTWsVowN
Generating definitive truth is a unique capability of decentralized computation; while blockchains do this well for transactions, ownership and voting, decentralized oracles provide definitive truth about real world data/events, increasing their usefulness apple.co/3liiVov pic.twitter.com/RTqjThnriq
Excited to share my presentation from #SmartCon, covering the expansive nature of what oracles can achieve for #DeFi and how smart contracts + oracles are on track to become the dominant form of digital agreement. Slides: bit.ly/34ZcrW0 and Video: youtube.com/watch?v=dC3PUv…
Smart contracts are enabling farmers all over the world to effectively manage key risk like droughts and forest fires. @Gartner_inc + @avivahl's analysis shows that reducing risk for the worlds farmers is a step forward for how #DeFi contributes to society blogs.gartner.com/avivah-litan/2… pic.twitter.com/nxoF8oLgQ3
Proof of Reserve allows #DeFi protocols to have proof about the collateral they rely on. Encouraging the use of that collateral. It's on track to secure $1Bn+ in BTC through @WrappedBTC and @renprotocol: forbes.com/sites/rorymurr… blog.bitgo.com/chainlink-brin… medium.com/renproject/cha… pic.twitter.com/6WKEXk3IWW
A discussion about smart contract insurance with Sid Jha of @ArbolMarket, which is providing live weather insurance to various emerging markets using #chainlink oracles. One next generation idea is the use of insurance premiums for collateral within #DeFi. youtube.com/watch?v=lvKClP…
Just like web developers combine multiple APIs, libraries and external services to quickly build high value web applications. We're now seeing various smart contracts being composed together with oracles to create real value. Slides bit.ly/2T876EO youtu.be/xb4rjKnT0t8
Any data or API can become easily sold across blockchains: 1. Sell existing APIs to Chainlink Oracle Networks, with zero changes to your infrastructure. 2. Sell signed data directly to smart contracts on many blockchains via your own official Chainlink. blog.chain.link/easily-sell-yo…
Composability of smart contracts and oracles into various #DeFi protocols, that then go on to rely on each other as on-chain services, enables developers to rapidly create and improve new smart contract use cases. Full Video youtube.com/watch?v=rJIH8u… Slides chn.lk/3okxYii pic.twitter.com/g9XBIRrDsT
Implicit staking and explicit staking are both powerful cryptoeconomic forces. While Implicit staking creates guarantees about adherence to a protocol generally, explicit staking creates specific guarantees about fulfilling individual contract requests. youtube.com/watch?v=ufVyX7… pic.twitter.com/0OrDZr6m3d
Providing accurate data from hundreds of high quality data sources that provide a tamper-proof global price, in a decentralized way, is a key part of what enables Chainlink to make #DeFi itself tamper-proof. Some discussion on this point with @shvandrew: youtube.com/watch?v=77eNN7… pic.twitter.com/bz3dFTecD2
Global financial markets seek yield, want to avoid counterparty risk and fear rapidly rising inflation from unprecedented money printing. #DeFi consistently provides superior 5%+ yield, transparency via blockchains and acts as a hedge against inflation. open.spotify.com/episode/7n2EaJ… pic.twitter.com/e2HupEr8kg
Just like the internet's infrastructure matured to an inflection point before its best use cases went live, we are now seeing the improvement of blockchains, smart contracts and oracles to the inflection point where #DeFi is a new global financial system. open.spotify.com/episode/7n2EaJ… pic.twitter.com/I6QZPsNhoI
As more contractual breaches like #robinhood appear, the need for trustworthy contracts that go beyond a brand's paper promises will be highly in-demand. Trustworthy contracts is what blockchains, smart contracts and oracles combine to provide via #DeFi. youtu.be/dC3PUvHbVDQ?t=… pic.twitter.com/8hzfZkvCCW
The difference between paper promises/brand-based contracts and cryptographic/math-based contracts will continue to become clearer as paper promises fail. Reaching a tipping point where smart contracts become the expected global standard for all contracts. youtu.be/BVUZpWa8vpw?t=… pic.twitter.com/S8BBAUtO2o
Validated data is just one use case of trust minimized off-chain computation. There are entire categories of services that will be provided in the oracle network format, beyond data delivery; VRF, Keepers and FSS are just some initial high value examples. youtu.be/QEXHItGXITY?t=… pic.twitter.com/K1pE5tTW4L
The global financial system is based on people's trust in their ability to gain a return, with predictable risks, while maintaining control over their assets. If #DeFi provides a superior alternative on all three dimensions, there will be a shift in trust. youtu.be/QEXHItGXITY?t=… pic.twitter.com/7hQdqKqbfC
Chainlink OCR is a 10X improvement in the overall scalability of all Chainlink networks, enabling us to provide even more critical data to #DeFi, provide that data at higher accuracy, on more chains and with even greater security. blog.chain.link/off-chain-repo… chain.link/ocrpaper twitter.com/Smart_Contract…
As the limitations of smart contracts are solved, the ability to reinvent multiple industries is emerging; ownership being tokenized, global finance becoming DeFi, digital art becoming NFTs, and many more. Join the @Chainlink hackathon, to build the future chn.lk/2MLGLN2 pic.twitter.com/xQ3BWHZRjG
The Chainlink Network's various decentralized services, provide both the validated data, and off-chain computation needed to create #DeFi, #NFTs and many other advanced smart contracts. e.g. Chainlink VRF's verifiable randomness, makes provably rare NFTs. youtube.com/watch?v=Iw3RwW… pic.twitter.com/msg0ifjimb
We're at a key moment in history, where technology either enables distrust, division and dictatorship, or it enables trust, collaboration and fairness. Blockchains, smart contracts and oracles are the technologies that will define which path we will take. youtu.be/Iw3RwWV-whw?t=… pic.twitter.com/rl6SgSvnFz
Enterprises can easily leverage #Chainlink oracles to create secure connections between their existing backend systems & any blockchain network, quickly enabling them to conduct commerce across new on-chain markets. Listen to the full @DavidNage episode: acrabaselayer.podbean.com/e/base-layer-e… pic.twitter.com/VpUjYP6Mvq
Oracle networks go far beyond delivering highly validated data, they provide the various decentralized services that are combined with smart contracts to create real world outcomes. These hybrid smart contracts are already redefining our industry as #DeFi. hiddenforces.io/podcasts/serge… pic.twitter.com/0bxmSHqkI5