Tag: oracle network
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Adapting Chainlink’s Watchdog System for AI Safety: A Novel Approach
Artificial intelligence is rapidly developing with great potential, though comes with significant risks. As we work hard to ensure that AI systems can remain safe and aligned with human values, new approaches from other domains could provide us with inspiration. One such promising approach is the staking and watchdog system developed by Chainlink, currently used…
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Projects Utilizing Uniswap Oracle
Update September 2021 Since publishing this original article, defi has made great strides towards decentralization. Now, virtually all uniswap data consumers use The Graph to interface to function in a better indexed and distributed manner. 1. BZX “bZx is currently using uniswap as a price oracle.”: 2. DefiRate An interest rate comparison tool, seems to…
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Comments on The Chainlink White Paper, Parallels to Early Web: Part 1
Components: 1. A simple on-chain data aggregation system 2. A more efficient off-chain consensus mechanism What differentiates ChainLink from other oracle solutions is its ability to operate as a network. Chainlink White Paper For any protocol or network to become widely adopted, it needs to have flexibility. As you’ll see, it’s where Chainlink places thoughtful…