Sergey Nazarov, co-founder of blockchain oracle Chainlink, believes that people will eventually understand and appreciate the decentralized computing platform his team is building. In an interview, Nazarov emphasized the importance of developing a secure and reliable system that can handle large transaction values. He clarified that blockchain and oracle networks are different, with oracle networks providing a different way of generating consensus. Nazarov also outlined a scenario where the collapse of the legacy financial system leads to widespread financial pain and forces people to recognize the benefits of cryptographic money systems. He believes that a cryptographically guaranteed world will become extremely attractive, and those not part of the verifiable web will be at a disadvantage. Currently, the LINK token is trading at $7.31.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 0 |
| People | Sergey Nazarov |
| Companies | Chainlink, Credit Suisse, Silicon Valley Bank |
| Currencies | None Trading |
| Securities | None |
