TipMeACoffee

#ftso
kangkung
@kangkung in Status·2 years ago

Both the #State #Connector and #FTSO are supported by independent and decentralized third parties, called attestation providers and data providers respectively.

kangkung
@kangkung in Status·2 years ago

The #FTSO delivers highly decentralized prices and data series to #DApps

kangkung
@kangkung in Status·2 years ago

But what is the #technological basis of all these grand ideas? In its operations, #Flare leans on two core data and interoperability protocols called the State Connector and the Flare Time Series Oracle (#FTSO). 

mehedi
@mehedi in Status·2 years ago

#OracleSwap suspends #FTSO operation after private keys compromised

kangkung
@kangkung in Status·2 years ago

Independent providers retrieve data from external sources like centralized and decentralized exchanges and supply that data to the #FTSO system #tmac

kangkung
@kangkung in Status·2 years ago

According to Flare’s technical documentation, the #FTSO smart contract provides continuous estimates for different types of data #tmac

kangkung
@kangkung in Status·2 years ago

Meanwhile, the Flare Time Series Oracle (#FTSO) sources and provides decentralized price and data feeds to decentralized applications (#DApps) running on the layer-1 #blockchain platform #tmac