Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
hybrid oracle
A Look into Hybrid Smart Contracts; What are Their Uses?
Smart contracts were introduced in 2015 with the introduction of the Ethereum network. Their role was to digitize and tokenize financial and non-financial services like payments, trading, etc. Signing contracts is highly simplified through smart contracts, only following the blockchain. Primarily, smart contracts are not bound by a particular jurisdiction; therefore, they can operate on a global level. However, one problem with making smart contracts is that they cannot access off-chain data. Instead, hybrid contracts can work with data already…
4 years ago