This chapter discusses the concept of trust minimized off-chain computation and its application in the context of Chainlink and DeFi. It highlights the importance of good infrastructure in supporting these computations and emphasizes the need for trust minimization in the DeFi space.
Sergey Nazarov is the co-founder of Chainlink. Chainlink, you might know as the price oracles for DeFi… providing DeFi with the data it needs to know prices. More ambitious than just prices, Chainlink is aiming to become the interoperability layer between all of TradFi and all of DeFi, acting as a gateway between onchain and offchain data. We’re going to explore that vision today on Bankless.