Seda co-founders talk about intersection of oracles and multichain

Seda co-founders talk about intersection of oracles and multichain

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The yr 2022 was as soon as no longer a very correct yr for Cosmos and its vision of inter-blockchain communications (IBC). The collapse of the Terra Luna ecosystem (the very most exciting protocol on Cosmos on the time), stress between co-founders and a drop in the token’s place all cast a shadow on its future potentialities. That acknowledged, tasks equivalent to dYdX and tainted-chain oracle protocol Seda proceed to call the community home and are adamant about its IBC vision.

For the time being, Seda says it permits over 12 million records feeds all the plan in which by 24 networks. In an interview with Cointelegraph at EthCC Paris, Jasper de Gooijer and Peter Mitchell, co-founders of the Seda protocol (formerly identified as Flux), talked about the importance of oracles in tainted-chain bridges and the plan in which they offer protection to the worth they permit.

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