Oracle Machine industry Depth analysis: from Decentralized Finance to RWA's rise curve
Summary
1. The Oracle Machine is one of the cornerstones of the blockchain world, and its core competitiveness mainly reflects in the comprehensiveness and reliability of data acquisition, the exclusivity of data acquisition and value capture, the security and decentralization of the verification mechanism, as well as the transmission efficiency and network robustness.
2. It is expected that by 2030, the overall market size of the Oracle Machine track will be between 13.8 billion and 23.1 billion dollars.
3. Chainlink is the absolute leader in the Oracle Machine space, with rich data sources and extensive project collaborations; Pyth has advantages in transmission speed and the acquisition of financial data; Redstone is currently the only Oracle Machine that offers both Push and Pull pricing methods.
4. In the future, Oracle Machines will no longer overly rely on providing price feed services for Decentralized Finance projects, and RWA is expected to become a competitive player in the Oracle Machine space.