Orcfax Oracle LIVE on Cardano - Unleashing Massive Potential!

Orcfax is a second-generation oracle service for the Cardano blockchain that publishes data about real-world events into Cardano transaction datum. These are made available as on-chain data inputs to smart contracts, scripts, and dApps that are running on the Cardano blockchain.

Orcfax collects real-world data from multiple sources for each data point and uses a distributed network of validator nodes to deliver truly decentralized oracle feeds.

Orcfax provides full audit logs of its data collection and validation process for each datum on a permisionless, decentralized storage network. This allows users to "trust but verify" the fact statements published by Orcfax.

Orcfax is finely-tuned to deliver authentic and accurate oracle data. This is a critical requirement to fulfill the mostly unmet promise of DeFi. There are also many other business models and industries that remain poised to leverage distributed trust technology.

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The information discussed on this channel is not to be considered as financial advice. All of the content presented is for educational purposes only. Always make sure to do your own research and understand that cryptocurrencies are a new and emerging asset class.

========== Video Content ==========
00:00 - Intro
02:07 - Background & Experience
03:58 - Orcfax Protocol
06:51 - Mainnet v1 Release
10:00 - Mainnet Platform Demo
15:29 - Integrations & Costs
20:34 - Roadmap Progress
24:24 - Security & Audits
26:15 - $FACT Token & Utility
28:45 - Future Oracle Use Cases
34:18 - Multichain Adoption
37:22 - Closing Thoughts

[DappCentral]

💌Thank you for watching Cardano Community, I really appreciate it!
😇If you'd like to support the channel while earning $ADA, $TOKE & $CERRA, consider delegating with the DAPP stake pool!

[d-not-u]

OrkFax will be doing great things. As it already has been. Very happy to be part of it!

[RnGcrYptO]

NextGen Oracle that will take Cardano to the next level! Love what they are building!

[infin]

Peter is a extremely good communicator, Bridging difficult technical concepts to less technical normies

[kaiser]

It's refreshing to see such transparency in discussing market volatility.

[petrlisa]

Awesome, thank you Farid, nice project 👍👍👍

[kaiser]

I learned so much about smart contracts from this video.

[miguelgarza]

I enough enough to know I don't know it all, but what I do know is that not enough people know about OrcFax.

[Jcole]

Holding over 100K FACT now, will add to position while it’s under $0.01

[ahowlmx]

That would be great to use average price of Cardano per epoch to adjust transaction fees (potentially).

[ChristianGoyette-bg]

You make wonderful videos! 👏 Just a small off-topic question: 😅 I have a set of words 🤷‍♂️. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How do I use this? 🤨

[AwisMiski]

Appreciate the detailed breakdown! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How can I transfer them to Binance?

[benali]

Why are you not promoting again genius yield ?
Do you realized that it is a ruggpull ?

[hannahfawziya]

Your advice led me to AWS98H, holding for 5x gains. Exciting listings ahead!

[UtomiDaniel]

I am a newbie in crypto.. please how can I make profits from trading cryptocurrencies?

[velladennis]

Thanks for the insights! Bought AWS98H, predicting big returns! 📈