inferring the #bitcoin price in USD using the UTXO set. this is the power of an open, publicly queryable base settlement layer. absolutely fascinating and amazing work!!
this seems foundational for actual DeFi built on bitcoin rails without third-party oracles
https://utxo.live/oracle/
and you can run it yourself: https://utxo.live/oracle/UTXOracle.py
read more here: https://bitcoinmagazine.com/technical/utxoracle-model-could-bring-use-cases-to-bitcoin
colourorange
npub1t8…4slru
2023-09-21 16:46:52 UTC
Author Public Key
npub1t8l0swtaf0lszprg0mwd2qxpyhme9ucju632n4j8cj4x45stsfxqp4slruSeen on
wss://nos.lolPublished at
2023-09-21 16:46:52 UTCEvent JSON
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"content": "inferring the #bitcoin price in USD using the UTXO set. this is the power of an open, publicly queryable base settlement layer. absolutely fascinating and amazing work!!\n\nthis seems foundational for actual DeFi built on bitcoin rails without third-party oracles\n\nhttps://utxo.live/oracle/\n\nand you can run it yourself: https://utxo.live/oracle/UTXOracle.py\n\nread more here: https://bitcoinmagazine.com/technical/utxoracle-model-could-bring-use-cases-to-bitcoin",
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}