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Cryptoeconomic Security: Chainlink Edition (LINK)

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Manage episode 321488465 series 3321530
Content provided by Zach Rynes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Zach Rynes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, ChainLinkGod and The_Crypto_Oracle explore how the widely used Chainlink oracle network generates cryptoeconomic security through direct rewards and penalties. This includes implicit incentives with financial exposure to a native token, explicit super-linear staking with slashing, on-chain reputation with an immutable performance history, and much more. We cover both how the Chainlink network is secured today and how it is planned to be secured under the Chainlink 2.0 model as proposed in the recent Chainlink v2 whitepaper.

Follow ChainLinkGod: https://twitter.com/ChainLinkGod

Follow The_Crypto_Oracle: https://twitter.com/Crypto___Oracle

  continue reading

21 episodes

Artwork
iconShare
 
Manage episode 321488465 series 3321530
Content provided by Zach Rynes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Zach Rynes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, ChainLinkGod and The_Crypto_Oracle explore how the widely used Chainlink oracle network generates cryptoeconomic security through direct rewards and penalties. This includes implicit incentives with financial exposure to a native token, explicit super-linear staking with slashing, on-chain reputation with an immutable performance history, and much more. We cover both how the Chainlink network is secured today and how it is planned to be secured under the Chainlink 2.0 model as proposed in the recent Chainlink v2 whitepaper.

Follow ChainLinkGod: https://twitter.com/ChainLinkGod

Follow The_Crypto_Oracle: https://twitter.com/Crypto___Oracle

  continue reading

21 episodes

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