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I'm not really into crypto or have any idea how chainlink works. But reading some of this article all I keep asking myself is why? They can sell their data? U
by thedangler 5y ago
I'm not really into crypto or have any idea how chainlink works. But reading some of this article all I keep asking myself is why?
They can sell their data?
User know the data came from their API?
Could some explain to me why this is needed in the first place?
- cinntaile 5y agoIt allows smart contracts to use real world data. A silly example. Lets say you have a vending machine selling sun screen where the pricing is dynamically changed based on the weather, if weather data is available to the smart contract then this can work perpetually without human intervention. Or at least until the machine needs to be serviced :P The API is unlikely to disappear because the smart contract automatically pays for using the data.