The Bitcoin ecosystem has been booming over the past two years, but there's a critical problem that remains unsolved: the lack of a trustworthy "price data source." All the major protocols are hitting a wall here.



Until someone came up with a solution—using distributed nodes + an asset proof mechanism to provide Bitcoin with a high-bandwidth, attack-resistant data pipeline. This is like giving this trillion-dollar vault a pair of "eyes."

Why is this so difficult? Bitcoin's architecture is too unique; traditional oracle solutions are incompatible here. They can't meet the speed requirements, and their security isn't strong enough, making it impossible to bear the trust costs of assets worth hundreds of billions. Millisecond-level price feeds and completely tamper-proof data streams—these are the real necessities.

Just look at the performance. By the end of last year, the locked-in value on the Bitcoin chain exceeded $60 billion, with over 40% of top protocols using this data solution. This wasn't achieved through incentives or subsidies; it's purely because it solves real problems.

What makes it competitive? First, its native nature—supporting the pricing of Bitcoin-native assets like Ordinals and Runes, which external oracles simply can't learn. Second, game theory design—malicious nodes are directly penalized by forfeiting staked collateral, and reputation is backed by real assets. Plus, it aims to become the settlement layer for all chains, showing big ambitions.

Of course, its responsiveness in extreme market conditions still needs market validation. But having secured a spot in Bitcoin's infrastructure already speaks volumes about its significance.

For investors, whether a BTC-Fi project can survive long-term largely depends on whether it has access to a reliable data source. This determines how far the entire ecosystem can go.
BTC-0,02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
CommunityJanitorvip
· 14h ago
To be honest, this thing has indeed filled a big gap, but the real test for the market is still ahead.
View OriginalReply0
TokenToastervip
· 14h ago
Someone finally installed the "eyes" on Bitcoin, but the market validation still needs to be seen.
View OriginalReply0
CommunityLurkervip
· 14h ago
Alright, now someone finally understands how oracles work.
View OriginalReply0
ChainWanderingPoetvip
· 14h ago
A market size of 60 billion USD speaks volumes; this is the best endorsement.
View OriginalReply0
ResearchChadButBrokevip
· 14h ago
Amazing, finally someone has figured out this matter clearly.
View OriginalReply0
OfflineValidatorvip
· 14h ago
Really, the issue of not having a good price feed source should have been solved long ago. It's hilarious that it's only now being addressed. Relying on this set of methods to lock in $60 billion? That clearly shows it's not just a quick cash grab. Speaking of Ordinals pricing, traditional oracles really can't handle it, gotta admit. Millisecond-level price feeds sound impressive, but can they really keep up during extreme market conditions? That's the key. An entry ticket doesn't mean you can just sit back and win effortlessly; it still depends on who can turn this into an industry standard. For investors, it's really just two words—trust. Without trust, all infrastructure is pointless.
View OriginalReply0
quietly_stakingvip
· 14h ago
This data source issue is indeed a bottleneck.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)