In-depth analysis of API3, unlocking the Oracle Machine track of OVMRecently, API 3 has recently secured a strategic financing of 4 million US dollars, led by DWF Labs and followed by several well-known VCs. The oracle track has always been dominated by the tripartite oracle represented by Chainlink. When I saw this news, I was also surprised~ Why can API 3 win financing? Will it break the circle of traditional oracles? What makes it unique? API 3, as a decentralized API (dAPI) project, is defined as the "first-party" oracle, and it solves the common problems of trust in the intermediary of the "third-party" oracle, low data transparency, and the control of OEV (oracle extractable value) through the innovative OEV Network (based on ZK-Rollup).
星球日报·2024-06-18 08:19