MakerDAO Oracles: The Backbone of Decentralized Finance by Niklas Kunkel (Devcon5)
Fri, Oct 2, 2020, 12:00 AM
Visit the https://archive.devcon.org/ to gain access to the entire library of Devcon talks with the ease of filtering, playlists, personalized suggestions, decentralized access on IPFS and more. https://archive.devcon.org/archive/watch/5/makerdao-oracles-the-backbone-of-decentralized-finance For the past two years, MakerDAO's Oracles have been running on Mainnet, powering not only the 500 million Dollar Dai Credit System, but most of the Decentralized Finance projects that run peripheral to it, like secondary lending platforms.In this presentation, you'll learn about the history of MakerDAO's Oracles, what worked, what didn't, and get a good look at the Version 2 Oracles that will power Multi-Collateral Dai and the rest of Decentralized Finance on Ethereum. Speaker(s): Niklas Kunkel Skill level: Beginner Track: Developer Infrastructure Follow us: https://twitter.com/efdevcon, https://twitter.com/ethereum Learn more about devcon: https://www.devcon.org/ Learn more about ethereum: https://ethereum.org/ Devcon is the Ethereum conference for developers, researchers, thinkers, and makers. Devcon 5 was held in Osaka, Japan on Oct 8 - 11, 2019. Devcon is organized and presented by the Ethereum Foundation, with the support of our sponsors. To find out more, please visit https://ethereum.foundation/
Speakers
Founder of Chronicle Labs, the developers of Chronicle Protocol, Nik began his crypto journey at IBM Research, where he worked on the Hyperledger blockchain and early supply chain finance applications. In 2017 he joined MakerDAO to create Dai, the first decentralized stablecoin on Ethereum. Nik is responsible for creating DSProxy. An industry-standard account abstraction primitive, OasisDEX, the first decentralized exchange on Ethereum with an order matching engine, as well as Chronicle Oracle Protocol, which secures over $10B of assets locked in MakerDAO.