pythhroadmap
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What Is Pyth Network?
Pyth Network is a decentralized oracle network that delivers real-time financial data (prices, benchmarks, etc.) from institutional sources to smart contracts and decentralized applications.
Oracles are essential in blockchain ecosystems because smart contracts cannot directly access off-chain data (like stock prices or FX rates). An oracle network like $PYTH bridges that gap.
$PYTH emphasizes first-party data: its price sources are trading firms, market makers, exchanges, and financial institutions that publish their own data, rather than relying purely on third-party node aggregators.It began its development in 2021, initially closely tied to Solana, and has expanded to support multi-chain usage.
@Pyth Network
#PythNetwork #pythhRoadmap $PYTH
Pyth Network is a decentralized oracle network that delivers real-time financial data (prices, benchmarks, etc.) from institutional sources to smart contracts and decentralized applications.
Oracles are essential in blockchain ecosystems because smart contracts cannot directly access off-chain data (like stock prices or FX rates). An oracle network like $PYTH bridges that gap.
$PYTH emphasizes first-party data: its price sources are trading firms, market makers, exchanges, and financial institutions that publish their own data, rather than relying purely on third-party node aggregators.It began its development in 2021, initially closely tied to Solana, and has expanded to support multi-chain usage.
@Pyth Network
#PythNetwork #pythhRoadmap $PYTH
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@Pyth Network sta tracciando il #pythhRoadmap per trasformare i dati di mercato. Dalle radici DeFi all'industria da oltre 50 miliardi di dollari, $PYTH alimenta incentivi, prodotti in abbonamento e allocazione delle entrate DAO — guidando l'adozione istituzionale con dati affidabili e in tempo reale.
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