Mike Cahill (Douro Labs) on the Evolving Oracle Landscape (EP.476)
We sit down with Mike Cahill, CEO of Douro labs, to talk Pyth’s retroactive airdrop and launch. In this episode: A brief history of Pyth What was the problem with legacy oracles before Pyth How is Pyth is technically differentiated from other oracles The importance of introducing confidence intervals into prices How does Pyth achieves cross chain data delivery Disintermediation in the oracle market Major proof points that convinced Mike that Pyth could work Pyth’s traction on various chains Which blockchains Pyth does particularly well on Mike addresses the ‘collusion FUD’? Why Pyth oracles are not like LIBOR How the Pyth retrospective airdrop works What’s happening with Pyth governance on a go forward basis? Further reading: Pyth, How the Retrospective Airdrop works On The Brink ep. 364, Solving The Oracle Problem