This video will provide a quick primer on what function Web3 oracles serve and how Chainlink is helping facilitate data streams to smart contracts.
Oracles allow you to make interesting smart contracts with input/output to theoretically any data in the real world. A decentralized oracle network like Chainlink aims to give access to those data inputs/outputs with the same level of security/decentralization/game theory mechanics as the underlying tech where smart contracts reside (blockchains like Ethereum).
Outline
Oracles 0:00 - 1:24
Smart Contracts 1:24 - 2:00
Distributed Data Sources 2:00 - 3:00
Verifiable Random Number 3:00 - 4:25
Building a Chainlink Node 4:25 - 5:55
#chainlink #web3 #oracle
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Securely connect smart contracts with off-chain data and services
Chainlink decentralized oracle networks provide tamper-proof inputs, outputs, and computations to support advanced smart contracts on any blockchain.
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