pythhroadmap
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What Is Pyth Network?
Pyth Network is a decentralized oracle network that delivers real-time financial data (prices, benchmarks, etc.) from institutional sources to smart contracts and decentralized applications.
Oracles are essential in blockchain ecosystems because smart contracts cannot directly access off-chain data (like stock prices or FX rates). An oracle network like $PYTH bridges that gap.
$PYTH emphasizes first-party data: its price sources are trading firms, market makers, exchanges, and financial institutions that publish their own data, rather than relying purely on third-party node aggregators.It began its development in 2021, initially closely tied to Solana, and has expanded to support multi-chain usage.
@Pyth Network
#PythNetwork #pythhRoadmap $PYTH
Pyth Network is a decentralized oracle network that delivers real-time financial data (prices, benchmarks, etc.) from institutional sources to smart contracts and decentralized applications.
Oracles are essential in blockchain ecosystems because smart contracts cannot directly access off-chain data (like stock prices or FX rates). An oracle network like $PYTH bridges that gap.
$PYTH emphasizes first-party data: its price sources are trading firms, market makers, exchanges, and financial institutions that publish their own data, rather than relying purely on third-party node aggregators.It began its development in 2021, initially closely tied to Solana, and has expanded to support multi-chain usage.
@Pyth Network
#PythNetwork #pythhRoadmap $PYTH
@Pyth Network создает диаграмму #pythhRoadmap для преобразования рыночных данных. От корней DeFi до индустрии стоимостью более 50 миллиардов долларов, $PYTH способствует стимулам, подписным продуктам и распределению доходов DAO — способствуя институциональному внедрению с помощью надежных, актуальных данных.
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