DAOs – decentralized autonomous organizations – need reliable data in order to automate their decisions. This is how Skytale can provide the fast, accurate information they need . In the first part of this post, we looked at DAOs and their recent growth in popularity. After a slow start, most likely because of the exploit
What does an oracle mean in the context of cryptocurrency and DeFi? We take a look at why they are needed, and why DAOs use them Politicians and lawmakers find decentralized organizations challenging to understand and to regulate, which is perhaps not surprising. Decentralization is the latest in a wave of financial innovations that technology
Blockchain networks used to be simple. In the beginning, there was only Bitcoin, and in the years between 2010 and 2014, other public blockchains were developed whose primary purpose was to exchange value in a peer-to-peer and trustless manner. At Skytale we have decided to focus on networks that specifically offer programmable money and financial
