Pyth Network Deep Dive: Better Faster and Cheaper Oracle Data

Data is what powers our financial markets but the best data lives behind walled gardens.
Can we unlock this data for those who need it? Financial market data takes center stage for every major fintech and decentralized finance DeFi app.
The accuracy timeliness and reliability of this data makes all the difference yet current blockchain oracle solutions do not meet the requirements for the future of DeFi.
The Pyth Network is here to bridge this gap.
Pyth Network is the largest first-party financial oracle network and is built by some of the biggest names in traditional finance and DeFi.
Pyth is focused on finding a faster and cheaper way to bring real-world data on-chain and aggregate it securely. In this video we explain the Pyth Network how it came about its latest accomplishments and future plans. 0:00 The origin of the name Pyth 2:00 Types of oracles 3:00 Disadvantages of having a Reporter network 7:00 Perks of having a Publisher network 8:00 Introduction of Pyth Network as a Publisher network oracle 9:00 Pyth Network Milestones 10:00 Why Pyth chose Solana as its base Layer-1 10:45 Pyth efforts in going cross-chain with Wormhole 12:00 Pyths high-level Architecture Design 14:30 Significance of PYTH token in the ecosystem Original Video in French by Journal du Coin: Journal du Coins Channel: Our deepest thanks to the amazing JDC team for this documentary! We loved what they made and asked if an English dub can be made for an international audience. Explore our documentation: If you have questions or feedback: Join the discussion and become part of the worlds largest first-party oracle network.
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Источник: rutube.ru