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A New Trustless Way to Calculate the Bitcoin Price

[Sep 21, 2023 12:25 PM] UTXOracle is a simple Python script [Attention: direct download link] that takes advantage of a surprising fact about the Bitcoin blockchain – by parsing on-chain data it’s possible to derive an approximate U.S. dollar price. A graph of UTXO…

Defining Oracles: Enablers of the Decentralized Finance World

[Sep 13, 2023 2:30 AM] Oracles are entities that enable various functions in blockchain structures by providing access to legacy or offchain information systems, acting as data ports for decentralized finance applications. These oracles act as information providers for…