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SotN #45 - Chainlink 2.0 with Chainlink God

Bankless

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Understanding Chainlink's Economic Model

This chapter explores how Chainlink utilizes financial incentives to secure its decentralized oracle network. It discusses the operational dynamics among data consumers, providers, and nodes, emphasizing the importance of decentralization and data aggregation. The chapter also examines the integration of Chainlink within decentralized finance applications and highlights the economic structures behind its price feeds and security mechanisms.

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