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#181 – Sergey Nazarov: Chainlink, Smart Contracts, and Oracle Networks
Lex Fridman Podcast
Chain Link and Oracle Networks - What's the Difference?
Blockchains do not seek to be maximally flexible, right? They say, here's my block size. Here's the transaction types you can you can put in those blocks. And I think that actually gets to the core of what the chain link network is supposed to achieve. We are supposed to achieve a maximally flexible system. Oracle networks conversely have to interact with all the world's data and provide all the services that block chains don't provide. So really, the ability of a decentralized Oracle network to flexibly address all of those requirements is what's necessary.
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