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DEEP DIVE: Oracles and their importance to Cardano

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Full interview with the team behind Charli3, Cardano's first oracle. We talk about: the importance of Oracles to Cardano, upcoming Charli3 features, their roadmap, and where they see both Charli3 and Cardano moving forward

// featured external resources
https://charli3.io/

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Timestamps:
0:00 Summary of interview
0:22 Intro and Welcome
0:49 What is Charli3?
1:01 What is an Oracle?
2:25 How often is Oracle data posted?
4:12 Why launch on Cardano?
5:21 What makes Charli3 different?
5:54 Differences between large and small companies
8:52 Helping new projects grow
9:32 Free community feeds
11:15 Unique data feeds
11:48 Importance of Vasil features for Oracles
13:06 Challenges building preVasil
14:25 Weather, Sports, randomness, and other feeds
16:45 Pull vs Push feeds
18:20 Incorporating realworld feeds into blockchain events
20:19 Digital Identity + Oracle feeds for RealFi
21:37 Onboarding broader communities into crypto
21:57 Onchain vs Offchain data
23:33 Challenges ahead
24:44 Transaction queuing and transaction priority
26:53 Consumer “fun” UI or feeds?
30:01 Most exciting things coming up
31:10 Importance of Oracles to Cardano



Disclaimer:
No one associated with Woodland Pools is a financial advisor, broker, or dealer, and none of the information presented should be construed as financial advice. The information presented on our channel, website, and social media, is for entertainment and informational purposes only, and all community members should independently verify and research all information when creating their own investment plans.

posted by macphistou2jd