Pyth Network: Analyzing the Investment Value and Development Prospects of Decentralized Financial Oracles In the current blockchain financial ecosystem, the real-time nature, security, and reliability of data directly determine the effectiveness of many application scenarios, especially in the DeFi field. Oracles, as the key hub connecting on-chain and off-chain data, are of paramount importance. Among many oracle projects, Pyth Network has carved out a differentiated path, positioning itself as a decentralized first-party financial oracle. This positioning itself brings many highlights worth our in-depth analysis. First, let's clarify what a "first-party financial oracle" is. Simply put, it means that it does not rely on third-party intermediaries (nodes) to transmit data but provides real-time market data directly on-chain in a secure and transparent manner. This is crucial because many traditional oracles depend on third-party nodes to obtain and transmit data. With more...
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