[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.9123414 [View]
File: 210 KB, 435x448, necky.png [View same] [iqdb] [saucenao] [google]
9123414

The way they provide data to the Blockchain is by accepting calls on a centralized API. So data requests to the Blockchain have to originate off-chain. Its solution is poor compared to what MOBI is planning for their initial implementation IMO. LINK implementation has a lot to be desired in my opinion. I agree with the people who say they're trying to do too much.

To expand on what I said, my personal issue with LINK is their API:
https://www.smartcontract.com/

To buy data and create an Ethereum contract to use it, you need to go a centralized API. In practice, this means that even though the data retrieval is decentralized, the management of that data is completely centralized.

Mobius will be completely different. To request the data, it can originate from on-chain or off-chain. The API for requesting the data is also each individual node, which then propagates that request across the network. So even though Mobius will have a centralized FE which makes it easy for people to use it, it means that the requesting of the data and the management of it all, is completely decentralized.

Also keep in mind that the retrieval of data into Ethereum is just one aspect of Mobius, the aspect included in the initial implementation. There's also BTC/Hyperledger and what MOBI can do there, The BTC/Hyperledger functionality will be completely different to that, and creates a whole new aspect not yet seen in any other Oracle projects at all.

Navigation
View posts[+24][+48][+96]