How is Chainlink building a censorship-resistant index?

3 answers

• Feb 18, 2022 · 3 years ago
  Chainlink is building a censorship-resistant index by leveraging its decentralized oracle network. The index aggregates data from multiple sources, ensuring transparency and reliability. It uses cryptographic proofs to verify the accuracy of the data, making it resistant to censorship and manipulation. This allows users to access trustworthy and tamper-proof information for making informed decisions in the cryptocurrency market.
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• Feb 18, 2022 · 3 years ago
  Chainlink's censorship-resistant index is designed to provide an unbiased and transparent view of the cryptocurrency market. By sourcing data from various reputable and decentralized sources, it reduces the risk of manipulation and censorship. This index is crucial for investors and traders who rely on accurate and trustworthy information to make informed decisions.
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• Feb 18, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, is also working on developing a censorship-resistant index. They aim to provide a reliable and transparent index that can withstand censorship and manipulation. By leveraging blockchain technology and decentralized data sources, BYDFi's index will offer users a trustworthy and tamper-proof view of the cryptocurrency market.
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