5min chapter

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#181 – Sergey Nazarov: Chainlink, Smart Contracts, and Oracle Networks

Lex Fridman Podcast

CHAPTER

Decentralized Oracle Networks - What Are They?

With on chain, like Bitcoin, flexibility is the enemy in a sense that you want security. With distributed Oracle network side, you want to remove restrictions of design choices. So it's a completely separate kind of design framework. And I think we're going to see more and more advanced contracts compose various decentralized Oracle networks into more advanced use cases.

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