To be honest, this round of market has made me see a problem clearly - the money-making routine of the crypto market has completely changed.

In the past, everyone was crazy about which coin to multiply a hundredfold in the community, but those who really knew how to do it had long changed their minds. Those hedge fund traders have long since lost their candlesticks on their screens, all of which are real-time data streams and market parameters. The era of guessing stories has passed, and now it's about who can read on-chain data more accurately.

I recently took a deep look at some projects and found that there is one thing that really trumps up its sleeve - data oracles. It is not for wealth, but has become the vascular system of the entire chain of finance. Think about how fragile the DApp ecosystem is now: DeFi relies on unpopular prices on small exchanges to quote, and the random numbers of blockchain games basically rely on block time to guess. These are not minor problems, and any black swan event can detonate global risks.

And oracles are like putting body armor on the entire ecosystem. Its design is particularly particular: the multi-source circuit breaker mechanism ensures that if there is a problem with the price of an exchange, the system can immediately benchmark more than a dozen other data sources, and automatically switch the backup plan if it does not work; All data providers must pledge tokens as a guarantee of reputation, and all records must be directly confiscated, and all records can be traced back to whether it is an oracle problem or something else after three years.

What's even more interesting is its economic model. DApps need to stake tokens to access this system, and to obtain advanced security services, they need to spend tokens to buy data streams, and disputes need to be used as arbitration fuel. Once this flywheel spins, the more protocols are accessed, the more scarce the token, and the higher the network security, the more it will attract new projects to join, and finally it will naturally become the base currency of the entire data economy.

From the on-chain data, it can be clearly seen that large funds have already started - large investors have withdrawn a large number of coins from exchanges to cold wallets, VC capital is also participating in the node staking plan, and the DeFi ecosystem on a leading public chain has begun to test this system. The market is always information asymmetrical, but this time, those who understand the ecological logic are already ahead of the curve.