Will your Oracle hug you or rug you?

Sat, Jun 1, 2024, 08:37 PM · 26:27

Hopefully by now, you all know [L2BEAT](https://l2beat.com/). The metrics shown there give a complex overview of what to look for in a Layer 2 solution. As we are scaling Ethereum to the next level (and hopefully **to the moon**, we have more and more new use cases for data to be brought from the physical world to the chain(s). That is why, we need the same level of due diligence and transparency for **oracle technologies**. Whether it's price data or election results or the number of rabbits jumping around in [Ōkunoshima](https://en.wikipedia.org/wiki/%C5%8Ckunoshima), it is extremely important to always have full **verifiability** and **availability** of the required information. That's the only way to NOT get rugged and be another story on [rekt](https://rekt.news/). This talk will aim to provide a foundation in Oracles, empowering the developers of now and the future to make educated decisions on one of the most important pieces of third party infrastructure they will ever integrate. Can your Oracle hug you, or rug you? There’s only one way to find out…