What Is a Blockchain Oracle? What Is the Oracle Problem?

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  • Опубліковано 21 жов 2024

КОМЕНТАРІ • 118

  • @chainlink
    @chainlink  4 місяці тому +1

    ✅ Subscribe to our channel here: ua-cam.com/channels/njkrlqaWEBSnKZQ71gdyFA.html

  • @PatrickAlphaC
    @PatrickAlphaC 4 роки тому +152

    This is probably the most important video on youtube right now

    • @paulsull6481
      @paulsull6481 4 роки тому +15

      This is probably the most hyperbolic comment on UA-cam right now

    • @goldnutter412
      @goldnutter412 4 роки тому +1

      wow.. ook.. i was just gonna say hi.. comments disabled on the awesome smartcon #0 and i have been.. working shit over in my mind a while.. please see my comment i just added

    • @MrJypsye
      @MrJypsye 3 роки тому +5

      saved to my third eye playlist.. yes i have a playlist called ‘third eye shit’ don’t judge me

    • @goldnutter412
      @goldnutter412 3 роки тому +1

      @@MrJypsye third eye shit NICE hahah I love it

    • @goldnutter412
      @goldnutter412 3 роки тому +1

      @@MrJypsye BROOOOOOOO i cannot find third eye shit why you keep it pvt xD hahaha laughcry emoji

  • @seeunt9
    @seeunt9 7 днів тому +1

    I love how you simplify complex topics in the crypto space.

  • @iphluxy4796
    @iphluxy4796 3 роки тому +64

    Less than 12k views yet this is objectively speaking some of the most valuable information on the internet. Beautiful, 50 Links @ $28 and will be adding. See you guys in 10 years.

    • @magacop5180
      @magacop5180 3 роки тому

      Can you buy me 50 too?

    • @Fukkilla
      @Fukkilla 2 роки тому +1

      Everyone is busy watching cats and Kardashian, but when she will show her oracle links - everyone will become experts!

    • @vegetaftw1
      @vegetaftw1 2 роки тому

      And the award for That did not age so well comment goes to this guy. Yikes

    • @tonyh1345
      @tonyh1345 Рік тому

      @@vegetaftw1 lol

    • @isaiahcastillo898
      @isaiahcastillo898 Рік тому

      How ya doing?

  • @DannyFox1987
    @DannyFox1987 4 роки тому +24

    Chainlink is the future of everything 🙌

  • @sdalma
    @sdalma 6 днів тому

    The community aspect of cryptocurrency is so important; thanks for addressing it.

  • @AdamGardner-n6q
    @AdamGardner-n6q 8 місяців тому

    This was a brilliant advertisement strategy. Illustrating VISA and ETH as Link in the middle!.. Genius idea

  • @Don_ChainLink
    @Don_ChainLink 4 роки тому +18

    I really enjoy these Chainlink Engineering Tutorials, ( I enjoy the Bob & Alice analogies) thank you for sharing, Patrick.

    • @goldnutter412
      @goldnutter412 4 роки тому +2

      Oh boy lucky you :P how bout that DECO i almost fell of my chair legit
      Dat OCEAN primo service ? mm mm what a sexy beast this global network will be i dont even.. i have been wondering how liquidity wars will play out.. not feeling like i wanna be watching yield farm scene if its stiil going and worldwide trillions and trillions are on tap and under control of bomb scripts
      and trillions and trillions and trillions k boys im off to actually get that diamond lambo ? wouldnt be surprised if the GAME gets big enough.. i really.. really.. REALLY hope not or that some sort of monitoring with safeguards that mostly default to.. well i wanna say off but.. thats a hard one.. if LL can move around the globe before a person can consider their choices and do 10 seconds of math.. . ehhh well i sure am glad so much are build by god Sergey :D

    • @Don_ChainLink
      @Don_ChainLink 4 роки тому +2

      @@goldnutter412 are you on Twitter? if so come and hang out with the Chainlink Community.

    • @goldnutter412
      @goldnutter412 4 роки тому

      I realise as an Engineer(?) you might not have even had time to watch that awesome smartcon 0 digest.. this is a complex situation that has a simple solution hiding in there somewhere.. sorry for dumping on you awesome ppl i just.. have been dealing with this for so long

    • @goldnutter412
      @goldnutter412 4 роки тому

      @@Don_ChainLink thanks yeah i do use it now and then, did put *gold nutter on YT* in my info box ill find community :D its gold8763 or some shit lol sorry prefer different cleaner interfaces than twitter dunno never liked it.. too much data problem, ok well cheers i need a break least i feel chill pilled now !

  • @NachoMcGee
    @NachoMcGee 3 роки тому +60

    Is it just me or does he look like Jeff Bezos with hair

    • @ke_win
      @ke_win 3 роки тому

      Jeff Bezos with Hair

    • @pcgb69
      @pcgb69 2 роки тому

      Just you dude

    • @a2m2000
      @a2m2000 2 роки тому +1

      😂😂

    • @a2m2000
      @a2m2000 2 роки тому +1

      When you order bezos from alibaba

    • @chokmah3926
      @chokmah3926 Рік тому +1

      😂😂

  • @inframatic
    @inframatic 3 роки тому +4

    Interesting and well-edited. I also think this dude explains it super well.
    Keep it up. Chain together the distance between blockchain and the mainstream

  • @NIXOV
    @NIXOV 4 роки тому +6

    BASED! Love the work you all put in to this!

  • @alvinsilverio9949
    @alvinsilverio9949 4 роки тому +4

    Great video! Let's get universally connected smart contracts mainstream and change the world!

  • @hall0ween138
    @hall0ween138 4 роки тому +17

    Look at this stud right here

  • @roybm3124
    @roybm3124 4 роки тому +7

    Great to learn from this video’s. Is it possible to explain how the node operator system work and what risk and investment is involved for these operators and also for the parties on both sides of the contract?

  • @kz687
    @kz687 Рік тому

    Very insightful video. Need to deep dive very interesting concept. Well explained. Thank you so much!!

  • @yashsolanki069
    @yashsolanki069 2 роки тому +2

    Chainlink seems promising and I'll be deep diving into the concept. I like how it's connecting the off-chain data and making the use of decentralization to it's best. Loved the idea guys!!
    Patrick explains stuff amazingly🔥

  • @donmon6293
    @donmon6293 4 роки тому +9

    Chainlink is the most important thing in the modern world

    • @goldnutter412
      @goldnutter412 4 роки тому +1

      WW3 insurance doesnt even cover it.. my previous post to Don. and first post to all.. well yeah :/ concerned to say the least, but Andre is so inspiring and i cant help clap and talk too. I think they got this, you all got this.. but i think big picture and it get scary so.. it is what it is.. can only do our best :) 3 comments have a good one !!! >< not scared anymore.. honest

  • @P__114
    @P__114 2 роки тому

    Incredible video

  • @mryugo7829
    @mryugo7829 3 роки тому +1

    in my opinion it can be a game changer!

  • @ramnasidharta9536
    @ramnasidharta9536 3 роки тому

    These videos are awesome and very important. Thanks!

  • @mohamedbalshy3105
    @mohamedbalshy3105 2 роки тому +2

    what if chainlink provides inaccurate data ? how chainlink get these external data ?

  • @inframatic
    @inframatic 3 роки тому +1

    Make a video about why blockchain hasn’t been integrated into mainstream yet.
    Then explain, in terms that my grandma could understand, why that is fixed with chainlink.
    Overall I really like the layout of this video and I think it is explained in a very simple way. I just think you could take it a step further.
    -a fellow coder ;)

  • @tate7994
    @tate7994 2 роки тому

    My brain grew after watching this

  • @MrJypsye
    @MrJypsye 3 роки тому +1

    ok, i need to ask a really important question. what’s to stop anyone from creating a protocol like chain link to compete with its oracle service

  • @rahul-ti9cm
    @rahul-ti9cm 2 роки тому

    great explaination

  • @Lubo1uk
    @Lubo1uk 3 роки тому +1

    The best explanation videos out there!

  • @Lutvalut
    @Lutvalut 2 роки тому +1

    Perfect explanation. Thanks a lot for your efforts! Could you please make a video with explanation of penalty/reward politics in case Oracles let's say, supply inaccurate data? Would be glad to see investigation examples in such cases.

  • @abhijitkalita6931
    @abhijitkalita6931 3 роки тому

    This is the most underrated project in the crypto space

  • @lbrown7164
    @lbrown7164 2 роки тому

    The only ? I had is whether chainlink will be an oracle a few selected chains or be able integrate with many blockchains. I was told yesterday that it integrates with “98 blockchains.” where is this info ? As far as I know, chainlink is only an oracle for apps on solana & eth.

  • @Loui3Hunna
    @Loui3Hunna 3 роки тому +3

    This is amazing

  • @AlexanderMarks
    @AlexanderMarks 3 роки тому +1

    I want that shirt! Where can I get it?

  • @tagert24
    @tagert24 4 роки тому +9

    Proud owner of 0.41 Links

    • @goldnutter412
      @goldnutter412 4 роки тому

      yaY aw i feel so lucky now even tho i got SWIFT pilled idk month ago ! proud owner of 430 or something ! gotta go hurry to 500 and stop talking but was hoping marines would loop in enough ppl if my comments at top.. are actually anything lol.. idk i think the defi scene is a powderkeg and Andre does too.. its not our job to choose for others but i cant just allow easy information to be missed.. signal to noise on internet cant hit 0.0 :| must. not. trading can wait tbh.. argh this is frustrating and i know noone is going to go to LBRY because its still empty after all this time :<
      ahh que sera sera

    • @varundharmavaram
      @varundharmavaram 4 роки тому +1

      How does 4.1 million dollars sound

  • @blakstallion3
    @blakstallion3 3 роки тому

    Nice video, well explained. Please do a video on Truebit protocol - Oracle for computation.

  • @cullenharris1837
    @cullenharris1837 3 роки тому

    Is there a playlist for this series? If not what is the previous and next video?

  • @imcoder6969
    @imcoder6969 3 роки тому

    Amazing Explanation !

  • @MillennialStocksYT
    @MillennialStocksYT 3 роки тому

    What is a PR ? 5:00 I’m new to coding and development but I’d love to help how I can ...

  • @RaisaMaduro
    @RaisaMaduro 3 роки тому

    Maintenance of installations requires periodic that certain parts are visually inspected or replaced. Property owners pay large amounts annually to comply with regulations set by a certified body. Does Chainlink have the ability to check part data for version to assess contract payout? If this is programmable, then this is a huge outcome!

  • @volvot5turbo
    @volvot5turbo 2 роки тому

    Is xfund a competitor?

  • @khooskzad5612
    @khooskzad5612 2 роки тому +2

    For some reason he looks like a young Jeff Bezos with hair

  • @zen-ventzi-marinov
    @zen-ventzi-marinov 3 роки тому

    A web dev here. This sounds a little bit like what Monads are trying to solve in functional languages, doesn't it?

  • @PedroOjeda
    @PedroOjeda 3 роки тому

    what playlist is this video on?

  • @PatrickImboden
    @PatrickImboden 3 роки тому

    Would have liked it more if you would have explained how chainlink resolved the problem... now I have to read

  • @joshhugo323
    @joshhugo323 3 роки тому +1

    Why block out the names of the Oracle hacks that have happen where people lost money???

  • @frases_Motivadoras373
    @frases_Motivadoras373 4 роки тому +1

    @DefiRealNews Telegram channel, join the conversation!

  • @tobiassjoholm9325
    @tobiassjoholm9325 2 роки тому

    Well made video

  • @rodolfofregososuro1494
    @rodolfofregososuro1494 3 роки тому

    Great Video!

  • @SalkisCreations
    @SalkisCreations 4 роки тому +1

    Get better microphone and fix the audio before the next one. It is very important if your plan is to keep making videos like this. Other then that production value is good.

    • @PatrickAlphaC
      @PatrickAlphaC 4 роки тому +1

      What is the audio issue you’re hearing?

    • @GetsomeBuckTV
      @GetsomeBuckTV 4 роки тому +2

      I agree. Patrick is based beyond belief it's absolutely deafening, I'm afraid there's no way to fix that.

  • @BrandonSLockey
    @BrandonSLockey 3 роки тому +1

    Amazing

  • @23DGM23
    @23DGM23 9 місяців тому

    i have change my logic from savetofile to saveBlockToFile in realtime. I lost a lot of performance but the security more important.

  • @alexthomson6430
    @alexthomson6430 3 роки тому +4

    This dude looks like a young Bezos with hair

  • @blueperspective
    @blueperspective Рік тому

    Chainlink is actually a centralised oracle, which is a big NO NO!
    What if it will (intentionally) send erroneous information to the block? What are the sources of off chain data Chainlink is based of?

  • @jojo5544
    @jojo5544 3 роки тому +1

    Depreciated.... I think you mean deprecated ?

  • @smqkn
    @smqkn 4 роки тому +5

    and now we have DECO.

    • @goldnutter412
      @goldnutter412 4 роки тому

      A++++++++++++++ man he is the key pickup I am so impressed with this being implemented think i saw it mentioned as a WIP last year maybe on coindesk, used to be a 2 site noob.. was new to ZK but since come to adore Lelantus :> DECO > LELANTUS EVEN ? i think.. it just is.. its foundational hence why you all gon get nice n rich gz gz :>

  • @BeisbolShorts
    @BeisbolShorts 3 роки тому

    How do I get that shirt

  • @spreadplays
    @spreadplays 3 роки тому

    Hope y’all bought the Dip recently!!! Link currently 23.28

  • @elonesqandar3782
    @elonesqandar3782 4 роки тому +1

    Now, who's going to use chainlink?

  • @graythompson5582
    @graythompson5582 3 роки тому +14

    The rich stay by spending like the poor and investing non stop, while the poor stay poor by spending like the rich and yet not making any investment

    • @ashleybrenda2378
      @ashleybrenda2378 3 роки тому

      Bitcoin is the future it's really a big chance to make money

    • @heresyfinancial6276
      @heresyfinancial6276 3 роки тому

      I've never seen an expert like Mr Richard he knows how to analyse is work and with is strategies earned me so much profit made €16.800 in just 7 days working with him

    • @hajimaty7970
      @hajimaty7970 3 роки тому

      Investment is the key to success, so crypto is the key I will advice you to invest now the market value is unstable

    • @charleswilliams6947
      @charleswilliams6947 3 роки тому

      +1 5°5°1°8°0°0=4=2=6=4=👍🇺🇲🇺🇲

    • @marryjane3425
      @marryjane3425 3 роки тому

      I will advice you to invest in crypto currency and stock marketing

  • @goldnutter412
    @goldnutter412 4 роки тому

    Ah no, i was just rewatching Sergey Andre etc and sadly agree with Andre when there is no more gamblers throwing money at whales ?
    1) Agro exits. You get great projects on discount as a trader, but eh.. ecosystem NEGATIVE
    2) Honest players either stuck because of fees or other problems ? can imagine some difficult choices come up when you are say $10000 or less, fees are 50 60 even more.. you are still pulling in 8% or something so you're good for now.. but you hodld as well and the "gov token" that you and everyone else delegated anyway has lost way more than you realised.. you are now actually barely net profit considering allow fee, IN fee, any imp loss if applicable, token loss, OUT fee.. now we have a jaded user and ecosystem NEGATIVE impact again
    3) .. forgot the next bit lmao.. can see where im going with this though ?
    4) A growing word of mouth problem where misinformation becomes the norm when anyone brings up yield, APR, governance tokens.. its now the ICO dirty word and in a way bigger way
    5) Jaded user who made a little what does he see ? cmon.. times up BANK offering 5% on crypto 10% on fiat.
    Fuck this. We have to act wisely. I propose a board or society or other user focused group. Solving the problems above preemptively is highly advised :/
    - Someone cut chunks out of all these videos those magic moments edit them into EDUCATION on this stuff
    - YOU GUYS HAVE THIS ALL IN THE BAG IM almost done JUST.. DO YOU THING MARINES ?

  • @gerry._.y
    @gerry._.y 2 роки тому +1

    the host looks like bezos

  • @benniemek9236
    @benniemek9236 3 роки тому

    This guy looks like a hairy Jeff Bezos

  • @Trump2024Vance
    @Trump2024Vance 4 роки тому +4

    Hodl $link

  • @jacobrobert2785
    @jacobrobert2785 2 роки тому

    With crypto, i like to think about if the coin has actual utility that generates its own profit and isnt just pumping from new capital comming in.
    I rate Acquirefi ($ACQ) because it will share its profits from the market place directly with holders. I don't see any other coin doing that. 🚀🖤

  • @laflame9591
    @laflame9591 2 роки тому

    This guy looks so much Jeff Bezos

  • @greenreddog1
    @greenreddog1 3 роки тому

    Band feels like what sushi is to UNI. I think i'd rather risk it to get more gains with BAND

  • @vanyasimon
    @vanyasimon 3 роки тому

    please unlock chainlink to $1000

  • @mtslau
    @mtslau 3 роки тому

    Hairy Jeff Bezos

  • @angiestones6218
    @angiestones6218 4 роки тому

    too fast as for noobs

  • @louisdekegeleer3790
    @louisdekegeleer3790 2 роки тому

    hahaha Jeff Bezos lookalike!!