Why do you need Oracles for your Smart Contracts

19/03/2020 8 min Episodio 6
Why do you need Oracles for your Smart Contracts

Listen "Why do you need Oracles for your Smart Contracts"

Episode Synopsis

Starting with the share on the importance of data in smart contracts I proceed to cover oracles – what are they, their need and some categories of oracles. I talk about the Oracle problem and how it is being addressed – taking ChainLink and TownCrier examples.
Welcome to the Blockchain Hustle where I take a look at some interesting plays of how blockchain technology is opening up new business vistas across multiple industries. 
TIME STAMPED SHOW NOTES:
[00.17]            Introduction
[00.36]            Data triggers in smart contracts
[01.26]            Internal and External data triggers
[02.08]            What are Oracles
[02.31]            Why do you need Oracles
[03.58]            Hardware and software based oracles
[04.31]            Oracle problem
[05.01]            Examples to address Oracle problem - ChainLink, TownCrier
[07.05]            Summary
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