Chapter
Decentralized Infrastructure and Smart Contracts' Impact on Global Industries
2:10:06 - 2:22:21 (12:14)
The smart contract capability created by Ethereum has impacted the global financial industry, global trade industry, and global data marketplace. Ethereum deserves credit for making relatively secure and advanced on-chain code accessible and easy to script.
Clips
Chainlink's ability to work across different blockchain networks and use cases makes it a useful tool in the world of smart contracts.
2:10:06 - 2:12:40 (02:34)
Summary
Chainlink's ability to work across different blockchain networks and use cases makes it a useful tool in the world of smart contracts. Its value lies in its capability to work with multiple platforms, unlike Oracle networks, which are limited without a mission-critical system.
ChapterDecentralized Infrastructure and Smart Contracts' Impact on Global Industries
Episode#181 – Sergey Nazarov: Chainlink, Smart Contracts, and Oracle Networks
PodcastLex Fridman Podcast
The podcast discusses expanding the decentralized infrastructure concepts that Bitcoin and Ethereum introduced into scriptable smart contract formats for real-world outcomes to change global industries such as finance, trade, and data marketplace.
2:12:40 - 2:18:01 (05:20)
Summary
The podcast discusses expanding the decentralized infrastructure concepts that Bitcoin and Ethereum introduced into scriptable smart contract formats for real-world outcomes to change global industries such as finance, trade, and data marketplace. The host also talks about the exciting future of smart contract platforms and layer twos.
ChapterDecentralized Infrastructure and Smart Contracts' Impact on Global Industries
Episode#181 – Sergey Nazarov: Chainlink, Smart Contracts, and Oracle Networks
PodcastLex Fridman Podcast
Decentralized Oracle Networks (DON) vary widely in the conditions they need to meet, depending on their specific use case, but they are a secure method for holding on-chain code used to define conditions, process value and create transparency for a number of smart contracts ranging from insurance to data sales.
2:18:01 - 2:19:55 (01:53)
Summary
Decentralized Oracle Networks (DON) vary widely in the conditions they need to meet, depending on their specific use case, but they are a secure method for holding on-chain code used to define conditions, process value and create transparency for a number of smart contracts ranging from insurance to data sales.
ChapterDecentralized Infrastructure and Smart Contracts' Impact on Global Industries
Episode#181 – Sergey Nazarov: Chainlink, Smart Contracts, and Oracle Networks
PodcastLex Fridman Podcast
The use of decentralized Oracle networks can provide reliable data for real-world sports events and related data with a secure consensus mechanism.
2:19:55 - 2:22:21 (02:26)
Summary
The use of decentralized Oracle networks can provide reliable data for real-world sports events and related data with a secure consensus mechanism. While similar to their use in decentralized finance, the consensus mechanism and data aggregation method may differ.