What happens if an Oracle reports an inaccurate value for a price pair.
04 Dec 2023, 13:32
What happens if an Oracle reports an inaccurate value for a price pair?
Yesterday, #Chainlink 's wstETH/ETH price feed on #Arbitrum reported an inaccurate value.
This highlights the importance of redundancy when it comes to price feeds.
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2Umbrella NetworkUMB #1440
04 Dec 2023, 13:32
3/ Redundancy is not just a technical feature; it's a safeguard that protects users and maintains the integrity of the ecosystem.
Remember, it's not just about weathering the storm but ensuring you come out stronger on the other side ๐ฆโ๏ธ๐.
3/ Redundancy is not just a technical feature.
3/ Redundancy is not just a technical feature; it's a safeguard that protects users and maintains the integrity of the ecosystem.
Remember, it's not just about weathering the storm but ensuring you come out stronger on the other side ๐ฆโ๏ธ๐.
Umbrella NetworkUMB #1440
04 Dec 2023, 13:32
-Security: It adds an extra layer of security against potential data manipulation or inaccuracies from a single source.
-Security: It adds an extra layer of security against potential data manipulation or inaccuracies from a single source.