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Dencun 101: Tim Beiko Explains Ethereum’s Upgrade and Beyond
Bankless
Enshrining an Oracle in Layer One
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The integration of EIP inside the hard fork connects Ethereum's DeFi application layer to the Ethereum proof of stake staking layer. This integration affects Rocket Pool and other projects by providing them with direct access to the state of ETH on the beacon chain. By enshrining an oracle in layer one, complexity is reduced at layer two, eliminating the need to rely on external oracles for critical information.
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