追风Lab .eth🌿
追风Lab .eth🌿|Apr 02, 2025 04:23
As a bridge connecting on chain and off chain data, the oracle is also an indispensable infrastructure for applications such as DeFi and blockchain games. Traditional oracle machines often face bottlenecks such as slow speed, high cost, and insufficient flexibility@ The emergence of switchboardxyz has broken this situation. As the fastest, most customized, and only permissionless oracle protocol in the Solana ecosystem, Switchboard not only provides security for over $4 billion in assets, but also supports top dApps. The project has received $11 million in financing from well-known institutions such as Sui and Bixin Ventures. In the article "Switchboard vs The Competition" released by Switchboard last week, its unique advantages were highlighted by comparing it with other oracle machines. Below, we will delve into the core competitiveness of Switchboard from multiple dimensions. ⭐ Switchboard PK RedStone: Dual crushing of speed and flexibility In the field of oracle machines, RedStone is known for its cost-effectiveness and flexibility, but there is still a significant gap compared to Switchboard: 🔸 Speed: millisecond level to second level crushing Switchboard boasts an ultra-low latency of 400ms, while RedStone's latency is between 8-20 seconds. For DeFi high-frequency trading or blockchain gaming scenarios that require real-time data, RedStone's response speed is clearly unable to meet the demand. The millisecond level response of Switchboard makes it the preferred choice in the "millisecond battlefield". 🔸 No license and flexibility: true decentralization Switchboard is the only completely permissionless oracle protocol, allowing anyone to freely create data sources without the need for DAO approval or centralized authority licensing. In contrast, although RedStone is flexible, it still requires a certain degree of permission management, which limits its level of decentralization. The openness of Switchboard allows developers to quickly build customized data sources to meet diverse application needs. 🔸 Multi chain support and ecological coverage Switchboard supports over 10 blockchains, including Solana, EVM chain, Aptos, Sui, and StarkNet. Although RedStone supports Layer 1 and Layer 2 solutions, it still lags behind Switchboard in terms of ecosystem scalability and speed. Overall, Switchboard leads RedStone in speed, permissionless, and ecosystem coverage, making it a more suitable oracle choice for high-performance DeFi applications. ⭐ Data Feeds: The core functions and features of Switchboard Switchboard's Data Feeds is one of its core competencies, providing real-time and reliable data support for on chain applications. Its main features include: 🔸 Unauthorized creation: Anyone can create their own data source through Switchboard's publishing platform without intermediaries or approval processes. For example, developers can easily set up a data source to obtain real-time weather in Miami to meet specific application needs. 🔸 Highly customized: Switchboard allows users to configure data sources through a series of tasks, including data acquisition, parsing, and result determination. This flexibility allows developers to customize data aggregation logic based on specific needs, ensuring the accuracy and applicability of data. 🔸 Ultra low latency: Switchboard's Data Feeds provide real-time data with a response speed of 400ms, far exceeding the industry average. This is crucial for scenarios that require real-time data, such as high-frequency trading and blockchain gaming. 🔸 Multi chain compatibility: Switchboard's Data Feeds support multiple blockchains, ensuring that developers can seamlessly use them in different ecosystems and reducing the complexity of cross chain development. Through these features, Switchboard's Data Feeds not only provide reliable data support for applications such as DeFi and blockchain games, but also offer developers unprecedented flexibility and efficiency. ⭐ Switchboard X Jito NCN: Re pledging empowers network security Switchboard recently collaborated with Jito Network and became one of the first protocols to integrate Jito NCN (Node Consensus Network), introducing Restaking mechanism. This collaboration marks another milestone for Switchboard in the Solana ecosystem. 🔸 Re staking mechanism: Through Jito NCN, Switchboard utilizes staked SOL (Solana's native token) to enhance the security of its oracle network. According to statistics, nearly 70% of SOLs in the Solana ecosystem are in a pledged state, equivalent to a market opportunity of $76 billion. Switchboard further enhances the credibility and security of its data by pledging these pledged assets to protect its oracle network. 🔸 Advantages of Jito NCN: Jito Network is a leading staking and validator platform in the Solana ecosystem, and its JitoSOL mobile staking protocol is widely popular. The collaboration between Switchboard and Jito not only enhances network security, but also provides practical application scenarios for the emerging concept of re staking, injecting new impetus into the innovation of the Solana ecosystem. 🔸 The significance of DeFi: Switchboard, as the infrastructure of Solana DeFi, provides more secure and reliable data support for DeFi applications through integration with Jito NCN. This is particularly important for high-value DeFi trading and asset management. ⭐ In blockchain applications, "real-time" often means competitive advantage, especially in the following scenarios: 🔸 DeFi high-frequency trading: In high-frequency trading, delays in price data may lead to trading slippage or being preemptively traded. Switchboard's 400ms delay ensures that traders can access the latest market data and execute more accurate trading strategies. 🔸 GameFi: On chain games require real-time data to support dynamic gameplay, such as real-time price updates or random number generation. The low latency of Switchboard provides a smooth experience for blockchain games, avoiding game lag caused by data latency. 🔸 NFT Mint: In NFT minting activities, real-time data can help users quickly respond to market changes and seize rare NFTs. Switchboard's fast response capability gives users an advantage in the fiercely competitive Mint event. 🔸 Insurance claims: On chain insurance products rely on real-time data to trigger claims conditions, such as weather data or market volatility data. The real-time performance of Switchboard ensures an efficient and accurate claims process. In these scenarios, Switchboard's 400ms level response makes it currently the mainstream oracle with the lowest latency, giving developers and users a significant competitive advantage. ⭐ The response speed of a oracle directly determines its applicability in the world of on chain transactions. Switchboard has an ultra-low latency of 400ms, far exceeding other mainstream oracle machines in the industry: 🔸 Chainlink: As a veteran oracle, Chainlink's response speed is sub second, typically between 600-800ms. Although reliable, its speed cannot meet the requirements of millisecond level scenarios such as high-frequency trading. 🔸 Pyth: Pyth is known for its speed, but its latency still stays at the second level (1-2 seconds). Although Pyth performs well in the Solana ecosystem, it still falls short in scenarios that require extreme real-time performance. In contrast, Switchboard's 400ms latency makes it the absolute champion in the "millisecond battlefield". This speed advantage not only improves transaction efficiency, but also reduces the risk of being preemptively traded, providing unparalleled performance support for applications such as DeFi and blockchain games. Switchboard, with its ultimate speed of 400ms, permissionless openness, and highly customized Data Feeds, has become the most competitive oracle protocol in the Solana ecosystem. Through cooperation with Jito NCN, Switchboard has introduced a re staking mechanism, further enhancing network security and ecological influence. In scenarios such as DeFi high-frequency trading, blockchain gaming, NFT Mint, and insurance claims, Switchboard's real-time performance provides significant competitive advantages for users and developers. As demonstrated in its tweet 'Switchboard vs. The Competition', Switchboard is not only the king of speed, but also a model of flexibility and safety. For developers who want to build high-performance applications in the Solana ecosystem, Switchboard is undoubtedly an indispensable partner. In the future, with the deepening application of the re pledging mechanism and further expansion of the ecosystem, Switchboard is expected to become a benchmark in the field of blockchain oracle machines, leading the industry to new heights.
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