Hacker News new | ask | show | jobs
by yasp 298 days ago
Crypto apps running in eg smart contracts will be able to interact directly with it and trust it, rather than needing to trust a third party oracle that retrieves the data externally.
2 comments

They asked how it would be an improvement. You've described how it would be different...
It improves one flow without affecting another. You might not like what it improves but it does improve something.
You haven't articulated how. You've explained that it is different but not what end goal that enables that actually improves anything.

Like, I can store this data on a server in a yaml file and that would be different. But it wouldn't improve anything. Taking an action and using a technology are not improvements in and of themselves.

Actually that does sound like an improvement, I hadn't considered the need for trusted publishers interacting directly with the blockchain making smart contracts more meaningful.
All third-party oracles are simply contracts on other blockchains. The new blockchain is yet another third-party oracle for the contract to interact with.