Tag: oracle
-
Embracing Unpredictability: The Role of Randomness in Blockchain
Randomness is a synonym for unpredictability and something Web3 developers wish for. But why is it a good thing in the context of blockchain, and how does it affect computations? In this article, we are exploring the benefits of randomness and why it this something so important to achieve when it comes to on-chain and…
-
Integritee Launches its First Web3 Oracle
Today, the first practical deployment on the Integritee network was launched: the TEER exchange rate oracle. The use case clearly demonstrates some of the advantages of combining trusted execution environments (TEEs) with blockchain. Using a trusted execution environment (TEE) to authenticate and connect to a third-party API via SSL, the oracle queries the exchange rate…