maxakyla
Sep 23, 2021

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Flux Protocol #ORACLE #sol

Hi! It’s worth thinking about what these guys are doing. This is a cross-chain oracle aggregator that provides smart contracts with access to economically secure data streams about anything.

An oracle is a source of truth that sits outside the blockchain ecosystem. It aggregates and provides reliable data for smart contracts to execute their functions. For example, an oracle can provide the current value of USD in FTT for a smart contract to calculate the value of a trade. A trusted oracle service is critical to making smart contracts work in real-world applications. A secure data feed is necessary to guarantee that smart contracts behave as designed. Blockchains alone are not sufficient to establish trust.

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