All Hail The Crypto Oracles; XYO Offers Location Based Decentralized Oracle Network

 

Diving deeper into the crypto rabbit-hole, I run across a ton of interesting projects and learn more and more about blockchain and associated technologies. If you step back and look at the greater cryptocurrency ecosystem as a whole you start to see a lot more going on than it seems. If you are still working on figuring out the basics of Bitcoin and how it really works, you might consider consulting The Oracle...

Visions of two pale blue sphinx statues standing guard on either side of a young Atreyu, ready to look within and face his own demons & that's kind of how they work in cryptocurrency too. Cryptocurrency oracles are a necessary part of the network and without them, the smart contracts that run all our cool decentralized apps of today and the future would not work. Get your offerings ready as The 'Stache dives into oracles and how upcoming networks like XYO will help decentralize the niche industry.

What Is A Cryptocurrency Oracle?

Before we can really get into some of the fun stuff we should first understand exactly what an oracle is and does within the cryptocurrency realm. While blockchain is a really great way to keep records because you can't change it, it sucks...

READ THE FULL ARTICLE: https://www.cryptostache.com/2018/03/12/all-hail-the-crypto-oracles-xyo-offers-location-based-decentralized-oracle-network