The Importance Of Crypto Oracles With Mike Cahill, Pyth Network
Scott Melker Scott Melker
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 Published On Oct 2, 2022

Mike Cahill is the Director of the Pyth Data Association, founded by Pyth Network, a decentralized oracle for financial data. I sat down with Mike at Mainnet and discussed decentralized oracles, on-chain data, and competition with more traditional financial data providers like Bloomberg.

Mike Cahill   / mdomcahill  

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#Pyth #Oracle #Data
Timestamps:
0:00 Intro
3:00 Las Vegas
3:52 What is an oracle?
7:30 False data
11:25 What happens when Solana goes down?
16:24 Competition with Bloomberg
17:09 The future of Pyth
19:20 Making market more trusted
22:30 On-chain data
25:30 DeFi vs TradFi
26:42 Becoming the largest oracle

The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

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