Hacker Noon July 14, 2023
In the first part of this series, we introduced oracles, cross-chain bridges, zero-knowledge proofs and other key blockchain developments. We emphasized a need to discuss not just their capabilities but their limitations through avenues like the upcoming Blockchain Oracle Summit (BOS), which is scheduled for July 21-22, 2023. In conclusion to the first, this article will focus on cross-chain interoperability, multi-chain oracle networks and the necessity of oracles for the growth of DeFi. Let’s dive in.
Oracles, Bridges & Interoperability
The world of DeFi is fraught with rug pulls and hacks, and while there are many reasons for these hacks, a prevalent one is the exploitation of vulnerabilities in cross-chain bridges and oracles. Both of these pieces of infrastructure connect...
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