What You Should Know About Oracles like ChainLink





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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW:

Explanation of Oracles in Crypto: https://blockonomi.com/oracles-guide/

Jimmy Song’s Pessimistic view on smart contracts: https://medium.com/@jimmysong/the-truth-about-smart-contracts-ae825271811f

If you want to dive deep into the history of smart contracts, check out the blog from the man who first had the idea: Nick Szabo and his blog: Unenumerated: https://unenumerated.blogspot.com/

Deterministic definition: https://en.wikipedia.org/wiki/Deterministic_system

Smart contracts: https://www.youtube.com/watch?v=ZE2HxTmxfrI

Smart contracts and Ethereum: https://www.youtube.com/watch?v=mZaxOhzS4EQ

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15 replies
  1. Jonathan Bahai
    Jonathan Bahai says:

    Peerplays has created decentralized oracles.. the system is called BOS .. Bookie Oracle System. It is the only decentralized current sports betting exchange in the world… others all have operators or someone hiding behind a curtain supplying the results.

    Reply
  2. Brij Lal
    Brij Lal says:

    Last few month chainlink has already experienced the pump. I think it will come down and when it is return to level of 8-10k satoshi, then long term investor could return.

    Reply
  3. Exciting World Cryptos
    Exciting World Cryptos says:

    Way way neat information about Oracles. It is good that things are established by the actual people. vs coming from a 3rd party. Always good to have that confidence at all times. Again thanks for sharing and great video. Sincerely JR

    Reply

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