Hacker Noon July 12, 2023
Blockchain oracles have occupied a prominent position in critical web3 dialogues recently. The role of oracles in providing up-to-date, secure and timely information to smart contracts must be emphasized. Without oracles, smart contracts would be grossly limited, and the blockchain ecosystem would be unable to unlock more considerable prospects or utilize its exceptional capabilities.
There exists a consensus on the uniqueness of blockchain oracles, which begs the question, isn’t it crucial that there be a platform that addresses the capabilities of oracles while highlighting their current limitations and restrictions? No doubt, such a platform should be encouraged, and this is what makes summits like the Blockchain Oracle Summit (BOS) a critical tool for the demystification of oracles and the overall...