FORGET COINBASE: The REAL 200,000 Bitcoin LIE is INSIDE The White House... | EP 1221
Simply Bitcoin
Revolutionizing Bitcoin Pricing with UTX Oracle
This chapter explores the UTX Oracle, a novel approach to determining Bitcoin prices directly on-chain, bypassing traditional exchanges and enhancing transparency. The discussion covers the mechanics of running Bitcoin nodes and highlights the shift towards using transaction data for accurate pricing. Emphasizing the significance of the Bitcoin time chain, the speakers advocate for a decentralized solution to the Oracle problem, promoting trust and verification in the cryptocurrency ecosystem.
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