Humidifi’s WET Up 50% in 24 Hours; 1 Billion+ Oracle Updates (blockchain data feed updates) Attempted

The post states that since launching in June, Humidifi has attempted more than one billion oracle updates (blockchain data feed updates), about 70% of which were successful.

Summary

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Terms & Concepts
  • Blockchain oracle: A service that delivers external data to a blockchain so applications can use real-world information.
  • Oracle update: A single data submission from an oracle to a blockchain, such as a price feed refresh.
  • Ticker symbol: A short code identifying a tradable asset; in crypto posts it often appears with a leading $ sign.