16min chapter

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Solving Crypto's Oracle Problem | Mike Cahill

Empire

CHAPTER

Collaboration and Competition in the Financial Market Data Industry

This chapter explores the collaboration between different firms in the financial market data industry, enabled by blockchain technology. It discusses the challenges and advantages of equitable access, incentive mechanisms, and multiple Oracle providers. The chapter also delves into the role of Pith as the primary Oracle, its relationship with Chainlink, and the value secured and traded by different protocols.

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