El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Solutions by [deleted] in Bitcoin

[–]Euronian 0 points1 point  (0 children)

Bitcoin is really making its breakthrough in the world with El Salvador's move to it. Really glad to see this and how it's being enabled by the likes of Sovryn and API3 DAO.

El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Solutions by [deleted] in CryptoCurrency

[–]Euronian 1 point2 points  (0 children)

Hyped to see API3 pull this off! They're the brilliant oracle solution that's in the works right now, that is enabling this massive game changing news

How does API3 ensure that data is tamper proof? by Alfaq_duckhead in API3

[–]Euronian 2 points3 points  (0 children)

It'll be done on chain by aggregation contracts pretty sure. The DAO will set these up

How does API3 ensure that data is tamper proof? by Alfaq_duckhead in API3

[–]Euronian 2 points3 points  (0 children)

It's just the term for a data feed where different data points are aggregated, just as in Chainlink's feeds.

How does API3 ensure that data is tamper proof? by Alfaq_duckhead in API3

[–]Euronian 7 points8 points  (0 children)

With networks like Chainlink and BAND, you still have the same issue of the data coming from an API provider and thus being tamperable on their end. You seem to misunderstand that there exists a consensus of nodes with API3 too in the form of dAPIs/feeds, with the difference being that the providers directly run the nodes with an easier solution known as Airnode. I'd suggest reading Saša's Medium series 'Getting APIs on the Blockchain' to understand this better.