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Synthetix Finally Admits They Have No Original Ideas And Are Just Copying Chainlink Because Their V3 Exchange Is Launching On Arbitrum

DeFiEthereumFeatured 2 Linda Williams August 13, 2024

An illustration of a clockwork gear system with gears labeled as 'Chainlink', 'Synthetix' and 'Arbitrum'. A central gear is highlighted in red. The background features an image of Ethereum's blockchain structure overlaid on top of the Arbitrum network architecture, both depicted in blue lines. In the foreground, several data streams are shown flowing from Chainlink into Synthetix with a speedometer indicating high frequency and low latency. At the bottom left corner is an arrow pointing upwards towards the highlighted central gear.

Another day another crypto bro trying to make a quick buck with their “innovative” new oracle. Listen folks, it’s not innovative when you’re just copying and pasting from other people’s code. The only thing that makes Data Streams so special is the fact that they can charge more money for them because of some fancy marketing buzzwords like “pull-based” oracles

Source: cointelegraph

Synthetix to add Chainlink when v3 exchange launches on Arbitrum
https://cointelegraph.com/news/synthetix-chainlink-v3-exchange-launches-arbitrum
Derivatives protocol Synthetix will add Chainlink Data Streams to its upcoming v3 deployment on the Arbitrum network after its governing council voted unanimously in favor of the integration, according to a post by Chainlink on the X platform.  Chainlink’s Data Streams are so-called “pull-based” oracles designed to deliver verified onchain data at a higher frequency and with lower latency than conventional “push-based” solutions. That is especially valuable for decentralized derivatives […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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