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by anythingdude321
1781 days ago
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Including the computation and data on-chain enables other parties to use it trustlessly and verifiably. If you, for example, wanted to make an algorithmic central bank that reacted to inflation numbers you would need on-chain CPI in order to do that. Similarly you may want to index your interest rate to the CPI in some way (like LIBOR). It becomes a lot more useful when on-chain than in a central database |
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