Episode 4: API3 with Burak Benligiray

Episode 4: API3 with Burak Benligiray

The Next Block

22/03/2022 9:11PM

Episode Synopsis "Episode 4: API3 with Burak Benligiray"

Getting external data into a blockchain is a challenging problem, rooted in the requirement that anyone validating the network will always need to have the same data as everyone else. Complexity arises because validators are running in parallel on different computers around the internet and they all need the same data at the same time. Blockchain oracles are designed to address this problem, and there are varying approaches to how oracles are designed and operated. On this episode of The Next Block, I speak with Burak Benligiray, co-founder of API3.org, about why he decided to start API3, and how it works under the cover. I was interested in speaking with Burak after first learning about API3 at ETH Denver, coupled with my interest in oracles. The need for publishing trusted data into blockchain networks is only going to grow as more businesses incorporate blockchain as a critical technology. Think: weather data, financial data, sports data, the list goes on. I hope you enjoy the conversation. I planned for a 30 minute session but we blew way past that. There's a lot to talk about! Links: Burak's ETH Denver talk: https://www.youtube.com/watch?v=94tqEQgTwVg API3: https://api3.org/ API3 Twitter: https://twitter.com/API3DAO API3 Discord: https://discord.gg/qnRrcfnm5W

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