oracles

Vitalik Buterin posted on the X platform, stating, "The quality of prediction markets depends on their oracles," and expressed his happiness to see prediction markets beginning to shift towards decentralized and non-financial oracle solutions.He also mentioned that the next step in development should be to achieve privacy for proof-of-stake voting.

The user from the crypto community, Internet Child (@0xinternetchild), posted on social media stating that the data provider ISW for the prediction market platform Polymarket is suspected of deliberately manipulating market outcomes.Ethereum co-founder Vitalik Buterin responded by saying that a 2-of-3 majority decision mechanism should be adopted among ISW, deepstatemap, and liveuamap, believing that distributed oracles and distributed decision-making are natural solutions to such issues.

ChainCatcher news, according to Cointelegraph, Chainlink has integrated with the institutional-grade blockchain Canton Network, aiming to significantly promote the widespread application of blockchain technology in the institutional sector.This collaboration brings Chainlink's data services, such as data streams, smart data (covering proof of reserves and NAVLink), and the Cross-Chain Interoperability Protocol (CCIP) to Canton Network.In addition, Canton Network has joined the Chainlink Scale program, which helps to bear the operational costs of oracles. Under the agreement, Chainlink Labs will become the "super validator node" for Canton Network.

ChainCatcher news, according to The Block, Polymarket has integrated Chainlink's oracle system to provide verifiable data and automate market solutions.The report states that this collaboration combines Chainlink Data Streams with Chainlink Automation to provide low-latency, timestamped price reports and trigger on-chain settlements at preset times.

ChainCatcher news, DeFi oracle RedStone Oracles has released the RED token economics. The total supply of RED is 1 billion, of which 48.3% will be allocated to the ecosystem and community (10% will be used for protocol development, 28.3% will be used for ecosystem and data providers, 10% will be used for community and genesis distribution), 20% will be allocated to core builders, and 31.7% will be allocated to early supporters.

ChainCatcher news, according to official information, the Aptos network has now integrated Chainlink data oracles. By bringing Chainlink's data oracles into Aptos, developers can now leverage Chainlink's trusted solutions to access off-chain data and computation services.

ChainCatcher news, well-known KOL and CEHV partner Adam Cochran responded to Jupiter co-founder Meow on X, stating that each project and its community are building their own chains, while Bryan Pellegrino (CEO of LayerZero) is like Mario, building pipes between these chains, making this bridge faster and more flexible compared to other participants that take longer to build.Chainlink is to oracles what LayerZero is to cross-chain communication.

ChainCatcher news, Jupiter founder meow stated on social media: Over the past few months, we have been working hard on a series of upgrades to infrastructure, processes, and user experience to expand and strengthen the system running Jupiter.It is reported that in the past month, several key issues have arisen:Severe lag when capturing new tokens and markets;Permanent futures/liquidity mining pools operating poorly due to oracle issues*;Transaction submission issues due to spam;Delays in the reference API leading to overload;Long wait times for strict listing verification.In addition, a series of major updates are underway, including:Metropolis: A complete redesign of the market and token system;Ecosystem token listing: Reevaluating the strict listing approach;Oracle solutions: Reducing reliance on on-chain oracles;Submission options: Optimizing transaction submissions;Significantly improved observability: Having complete metrics.

ChainCatcher message, Curve has released a proposal to disable the Chainlink restrictions on the crvUSD price oracle. The proposal states that all price indicators in crvUSD have a +/- 1.5% "safety limit" from Chainlink. This means that if the Chainlink price deviates too much (1.5%) from the internal indicator price (EMA), it will use data sources from Chainlink.When the market is highly volatile, the Chainlink price can cause unnecessary additional losses. It is recommended to disable the Chainlink restrictions in the price oracle contracts for all markets, except for the old frxeth market (which will soon be replaced by new contracts).

ChainCatcher news, DeFi oracle RedStone Oracles has partnered with Lido to provide oracle price feed services for stETH across more than 40 chains.It is reported that RedStone's customized solution uses price sources from DEXs (Curve, Uniswap), CEXs (Huobi, Bybit, Bitget), and aggregators (Kaiko, CoinMarketCap, CoinGecko), through median aggregation, signing, and broadcasting by nodes to the Data Distribution Layer (DDL). (source link)