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VeChain $VET Wiki: Coin History, Techstack, and Crypto News VeChain started out in 2023 as a private company working with different businesses to explore how blockchain can be applied to them. Their transition into a rethtrader - Does Ethereum have the concept of Change Address I found out that the answer is no - it does not. Ethereum addresses reflect a running total and can be considered similar to bank accounts debit cards, you can add more and spend only some without issue. Gas is specified separately, and is not just the remainder of an addresses unspent balance. At least to the best of my knowledge. chainlink clothprice How DeFi Tools Can Help Secure Blockchain Networks and Protocols Chainlink Meetups

thanks for joining us today we have a great panel today ill do some round introductions but ill start with myself my name is cena i work on business development at chain link labs been there for a little under two years and uh yeah do these all the time for us and help moderate with some great guests that we have here so with us today first we have connie lamb connies the head of shield at stardig we have uh robert from osec uh dan lane from ava labs and christopher laro from truflation so i let them all introduce themselves ill have them just talk about you know what they do what their company does and the project theyre associated with and theyll get started so why dont we start with you connie sure thank you cena um so hi everyone my name is connie so i work in startigay so zardik we are web3 security uh company that were providing solutions for you know like co-assessment and security uh checkpoints for you know any type of approaching related uh things like and myself i primarily like focusing on the insulin response and also the auditing service so really nice to meeting you guys uh im robert im from ottersec or osec were a boutique like rust based audit shop and i i guess do technical nvd stuff there hello hey im dan lane i work at ava labs we make the avalanche network a layer one blockchain network ive been there for two and three quarters of a year which i joke is like 275 years in crypto time uh and im a software engineer there working on the core platform my name is uh chris loro im very honored to be here im with uh laguna um im a team leader there uh laguna is a uh inflation proof ecosystem we have several products that weve brought out such as trusted node trufflation which why im here today but we also will be launching a blockchain a wallet and a flat coin in the near future thank you gross thank you everyone um so while were on that note we can start with you chris just to kind of get an icebreaker get the crowd going you know what gets you up in the morning why do you guys do what you do what greater problem are you guys trying to solve so yeah i mean uh like all of you i get up and i look at the price of bitcoin and ethereum immediately um uh but i i really am im very uh excited about smart contracts nfts im very involved with the nfts um and i think for me the uh the immutability of the blockchain and the um the smart contracts is really what excites me in this industry so aside from my family i think crypto gets me up pretty quick in the morning yeah i i think that theres just in this space a lot of really novel interesting problems that havent been tackled before whether thats on the technical side or building uh products on top of that but you know im an engineer and its just fun to to wake up every day and just you know try to be solving something thats never been done before yeah kind of similar answer but i think blockchain is like a very interesting execution environment um its like completely transparent and you can kind of see what everyone else is doing and trying to ensure security in like such a i think hostile environment is pretty cool and theres like a lot of unsolved problems in that space um so i guess i because i handle instant response right so my very first thing wake up is like every five am to see is there any exploit happen so if not then i can take another sleep for two more hours um well if there are anything say in the middle like a couple million dollars or so then have to wake up immediately you know work with the global team um just make sure that um we can send an alert out um make sure everyone that making the investment will you know they seeing the most recent news yeah so thats what my purpose is every day yeah thank you everyone so the topic today is going to be d5 tools which really at the end of it is about talking about open source and its transparency and being important so all of us here have some sort of involvement with open source and so lets talk about that like why is that important as a guiding philosophy and principle uh should we start with you connie yes so i guess i im not sure is that the philosophy part but i guess open source destiny is helping a lot you know computer science program product has been moving much faster than what we thought its a really great place for learning uh open-minded and sharing with the other one um yeah so i guess like thats a open world but uh in in terms of everyone can commit whenever they can and and to share with the other people i think open source enables a lot of cool composability opportunities on blockchain so for example by having contract open source you can like really easily build other contracts than that then interface um like for example like a yield aggregator um and i feel like open source lets people more easily collaborate um like all over the world across boundaries yeah one one nice thing about open source is that uh you get other people to do your work for you for free so thats pretty nice um no but but really i think not only is it effective in that regard but also um its just the right thing to do in a sense uh obviously you dont want to give away like your competitive advantage but i might argue that theyre really you know youre not really giving away your competitive advantage as a company by open sourcing stuff because you know you need to build on whatever it is youve open sourced and probably the team that created the work is is in the best position to to continue to build on it and and have users adopt it and you know its not just like the the crypto world like a bunch of internet weirdos like us its its big companies that are doing it too and and they see i think benefit in doing it um and you know it allows for a lot of collaboration it allows for building on other peoples work and uh i think its been extremely successful yeah ill just follow up on that um i think all those answers were perfect i i i just feel that like in terms of a philosophical look at it its uh its the main driver for innova innovation and ingenuity you know having an open source uh and being able to build on top of it uh is really whats gonna i for me its what drives um ingenuity really good now lets take the opposite side of that question right what inherent risk do we see because of open source at large in this in this space and more specifically what kind of security measures do you guys all take on a day-to-day basis to help and you know mitigate some of those risks that come with it we can start with you chris well leave started for the end on this one yeah so i i think its obviously its a two uh two-edged sword you know while its open and everybodys able to build on it and its innovative it also comes with inherent risks of of hacking and then and all that that comes with it so i think that um you know on the one hand its great but that is an inherent risk in it and i think for us that true flation uh we are not we hire that out uh we we bring experts in like kadelskiy and hal burn and uh a coin fabric for the smart contracts um im not sure if were using sirtech i think we did have a relationship but uh yeah so were more focused on what we do best uh and we leave the security to the experts yeah obviously as as christopher said its a blessing and a curse to have open source code right because you might publish something that has a vulnerability in it and not realize it until later so obviously we employ kind of like static code analysis practices you know github bots and the like to make sure that uh all of our dependencies are secure and if theres a vulnerability in one of them that we upgrade it um we do a bunch of our development in private and then later push it public once were fairly sure that theres no bugs in it so those are a couple of the measures that we take to to prevent uh you know exploits from having our code be open sourced i think this is a pretty interesting question actually because a lot of our customers ask this too about like if they should open source the smart contracts i think um there is like an immediate risk of if you have an open source contract someone malicious might come across it and it would be easier for them to find a vulnerability at the same time i think that its not like a perfect defense because over time eventually the so-called water level of security will rise to the point where people are able to reverse engineer these contracts and then theyre able to find these vulnerabilities even if youre not open source um so i think like on net its generally better to have an open source contract and have this transparency even if it might compromise security temporarily i think like the benefits of closed sourcing your contracts or your code base in general is temporary at best and its kind of like a band-aid when in reality you should probably just uh like patch the vulnerabilities yeah i guess i uh all of you guys i think are really great points so uh instead of hiding like open source different were helping you know people to identify the issue like quicker and address it um and i believe that how this inside every of the 10 charges is like moving forward right um and a lot of time technology or maybe innovation has learned from the failure and but this is how we evolving like much faster um so i guess i there might be a few of the way that um or maybe guidance that people can do on the open source before that like like a chat list maybe you can also ask for people you know doing like an internal team review cooperate with some of the static analysis tooling into your building pipeline um and also you know they uh just say uh be more open-minded like open the bounty program and all that um to be more proactively upsetting the uh when people reporting the issue so yeah that was really good thank you everyone for that that was that was really good lets make this more specific uh over the past few months theres been a series of d5 protocols that have felt immense amount of pressure to revoke on their core principles right um how do you how do you look at that do you look at that as smoke and mirrors do you look at that as a short-term compromise do you ignore it entirely i mean what is your stance on some of these things um yeah uh yes so i guess i this this is actually the normal norm right for the whole crypto like in the past couple years um so i guess i we definitely will have like people have to do some of the investigation um especially like in terms of the reading the paper itself to make sure that like you know the project seems like really something that is true like i mean they are solving a real business problem the investigation a little bit more on the teams eye who they are and i guess i a little bit more like background checks yeah i think thats a pretty difficult question especially for um like people who might not be as familiar with the space i think probably the best thing is to just see if they have a like a realistic long-term vision i feel like a lot of projects tried to like trap retail users with like promises of very high apy thats like if you think about it its not really realistic in the long term or its like completely unsustainable um so i feel like just using like using some common sense um about you know if the projects promises are actually realistically fulfillable is probably a good gut check yeah and and kind of building on that um you know just like in more traditional fields credibility is incredibly important maybe even more important in the crypto world and i think that whether or not you should think badly of a project because theyve made some sort of compromise on decentralization depends on how much credibility that they have as a team right are they a bunch of like anonymous people that say oh you know this is a temporary thing dont worry itll go back to normal in a little while or are they you know uh you know are are they uh outward facing and and reveal who they are and have they built credibility over time that they actually can build a product that you actually should trust them uh and that sort of thing um you know and and i think eventually the proof is in the pudding right like you can judge people reasonably well based on their their past actions and um you know uh maybe they can fool you once but hopefully they dont fool you twice if if they say that theyre going to to do something and then they dont with regards to being decentralized or whatever else so im going to take a completely different angle on this one i um well not different angle but its im going to look at it from a different perspective so for me if this question really what im thinking about is um you know weve got d5 decentralized platforms reaching back into web 2 for financing and loans and were bringing potentially were going backwards instead of forwards i mean i think we need to be decentralizing all of banking and not looking for loans from from traditional banks who are then going to control us or the crypto again so theres three camps old school bankers or countries controlling it then you have a mixture like maker dao and dai which were seeing right now with maker dao is working with 150 year old bank and you know so how much influence will they have over over that project i dont know so i think for me um i would im more in line with trying to keep it moving forward into a decentralized world as opposed to reaching back into web 2 for loans and financing and control of the industry really good takes thank you for this next one lets talk about the user experience specifically with each and one of your projects dan well have this one set out because youre a layer one network i have a different question for you afterwards but lets start with you chris tell us more about how users can interact with reflation besides you know scar much talking about a weft just generally how can people access that dashboard and then same for osa concerto so it really couldnt have been at a better time to be honest with you we have a cpi index comes out yesterday at 9.1 right i mean so the the the news comes out its 9.11 and within seconds within moments the white house says you cant trust that because its 30 days old that information is invalid that dont listen to the guy behind the curtain so you know what when im looking at this im saying you know true flation we have um for those of you dont know were basically a census level uh we have 30 we have millions and millions of data points were crunching the numbers on a daily basis its going through chain links its immutable its on the oracle we are in oracle so you can attach your industry right to us as an api we so for me you know when you look at it you know of course i mean if you want to just talk about like the interface and how we interact its very simple website its a widget its an app its a website its going to be youll see the widget soon on some of your favorite uh investment um uh different projects or wherever youll see it soon but anyway its its very easy you look at it it says inflation today is 10.41 it doesnt matter what 9.1 means because that is not a true inflation number and then same for osac and certif i think were coming from a bit of a different perspective because id say were more of a services like consulting business but one thing that we try to do is we try to be very transparent with our work and we try to share as much of it as possible um with the world because we think that with more transparency people can learn from the vulnerabilities that we find on our on our engagements and it helps you know secure the ecosystem as a whole um so we publish a lot of our research on both our blog and our twitter so if you have time you should check some of that stuff out yeah so uh i guess as a one of the biggest auditing company right um people will think about they say security audit is like its very technical but uh the reality is a lot of people that when come to stardec especially our website static.com most of them they actually are from like from non-technical background so thats why uh from startup we really want to translate those complicated you know thing charging terminology or maybe wording issue into more you know user-friendly convenience and understanding uh worldwide so thats why were building up like uh a transparency to the every single project that we audit were on boarding with the timeline whenever we engage in with the project team and also displaying the result the status of each of the issues have they immediately resolved it or not and also in the same time were also creating a lot of alertings i just make sure that were sending some of the you know rapport alert uh maybe exploit or scanning service like uh message to all the audience um and then um because i there is so many scamming projects out there and many people were thinking about like is there any anything what we uh as an auditing firm can do is because we are the one that usually were taking the most uh early state view on their code base so their quality their project team um will be definitely more like we we have a better engagement with them so thats why we also bring now some of the investigation results maybe like its like a kyc badges just to make sure that we are actually talking to the project team uh ensure that they are the real person they are not involving in any of the periods like scamming projects so thats why we were issuing some of the kyc badges like on the website as well so you guys maybe also take a look to make sure that the project that you are engaging is legitimate and beside that were also having like some other additional surface throwing out like for instance contrast certifications because like many times guru would take like copy paste the contract uh and engage with the auditing firm but later on they were changing a line of code and that line of code might be expecting like couple million dollars um so now like we are after the audit were definitely working on the verification process which make sure that whatever people deployed is matching what the auditing scope and nothing got changes yeah thank you and dan uh for those that may not be familiar with the avalanche network what are some new dapps new applications that youve seen where folks like here in the crowd may be interested to learn about sure um so for those who havent heard about avalanche were a layer one blockchain network uh its fast the transaction latency is lets say around a second its high throughput just do a lot of transactions on the network um and and one of our core tenets is is the idea basically that everyone should be able to spin up their application in their own chain right so like you know kind of like uh crypto 1.0 is is bitcoin right which you could think of basically is an application that keeps track of who has how many bitcoin which is you know is extremely novel interesting cool but you know we could like do a little bit better and should do a little bit better as an industry right and then theres the the second iteration which is ethereum which is uh an incredible project and and that lets you spin up your own application but its all part of the same chain right and of course theres some other gripes that people have with ethereum and now theres kind of like this this third wave like avalanche and and some of our competitors where not only can you create your own application but it doesnt have to be a smart contract written in solidity which most developers dont have experience with and it doesnt have to you know take a few minutes or half an hour for your transaction to go through but instead um we kind of give you the the building blocks to build your own application right so you can think of of a blockchain based application as kind of being two different parts theres the the consensus protocol which is like how do the participants actually come to agree on stuff and for that weve got our own avalanche consensus protocol which was developed by our co-founders and the the other part of the application is is the actual application logic right so the kind of brains of of the logic that says like what is in a block what does it mean for a block to be accepted and that sort of thing uh and and weve abstracted out the the logic for uh for those two components so basically we give you the consensus protocol we give you kind of a set of rails and on top of that you just have to implement um a pretty small interface actually a pretty small set of requirements in order to build your own application so you as the developer have a great deal of control and then you can kind of just plug it into avalanche and launch not only your own dap but your own entire chain right and this has a lot of benefits um you know in a sense it doesnt really make sense for like you know if if were all trying to do our own things right were all trying to launch our own decentralized applications it it might not make sense for all of that to be on the same chain right like maybe maybe your application and my application have nothing to do with each other so why should i have to validate stuff that happens on your chain and vice versa right so so were kind of um you know shifting that approach so that like i can have my own blockchain and i get to pick who validates it right um and and we think that thats a really cool thing that opens up a lot of possibilities thanks dan that was helpful for the next one ill pivot into what each of your companies does in the enterprise segment or any other emerging markets so feel free to share maybe you know where you guys are planning to go or any sort of developments that you guys have done um i can start for avalanche uh chain link in avalanche we helped launch a smart contract-based insurance claim uh with the popular insurer lemonade its designed for flood insurance in nigeria and other developing countries and were expanding into other insurance lines as well and i dont know dan anything else you want to mention what you guys are doing in the enterprise space sure um so you picked the wrong person to ask because i am a mere developer but yeah i i do know that weve partnered with a number of large companies weve partnered with tops mlb trading cards weve partnered with deloitte and im not sure which other things are public so i will stop there um so yeah so i i mean like we definitely work a lot more were getting a lot more requests from the traditional um enterprise clients uh unfortunately i cannot share the name until you know we can make the announcement out but i could say like it could be like wide range like offer from the financial service a lot of financial services they were trying like they are start interesting about the broaching solutions where they can cooperate into their business process so they are where right now they are making the transitions um and also we partner with um i think like um what were quite quite popular right right now lets say entertainment right uh some of the traditional entertainment companies start building up their nft or maybe gameplay solutions um to make you know their business say into game five i mean i would say like watching um entertainment field so yeah this is at least like the two changes that we see like uh quite often in uh coming to requests from the saudi perspective yeah i think were looking into partnerships um with a couple players who are looking to um expand more into the web 3 side but were more exploring and i dont know if you can share anything publicly yet so um uh for true fellation um we are on avalanche um we do work with chain link and right now we started with the united states and canada uh with the inflation rates there but were moving into the united kingdom and some other european countries uh we have or were gonna start were gonna have uh 16 nft uh indexes soon and as i mentioned earlier were going to also be launching our blockchain wallet and flatcoin very soon so we have a lot coming uh from laguna thanks guys and last question for you in a q a kind of an open-ended question but what do you guys thinks going to be the next uh massive wave of adoption and defense theyre going to be inflation-based liquidity pools is it going to be something else what do you guys think i i kind of looked at this question uh i i look at this question and im thinking that for me its a mass adoption i dont think anythings going to change so weve already kind of have all the investors in crypto we need to get the rest of the world involved and thats going to happen when the interface is a little bit easier and people can get in through to their uh projects without having to navigate meta mask and any other interfaces so i think in turn for me i think mass adoption will come then yeah so i i think that improving ui will help uh speed up adoption of of the crypto industry more widely um i i cant say that i have a particular uh guess as to what the next big thing will be but i think in order to gain mainstream acceptance and usage crypto and blockchain has to offer something that is novel is interesting that you cant do somewhere else right because if youre just some person on the street right and someone says oh you should do such and such on the blockchain you know maybe that sounds kind of scary maybe youve heard about people losing a bunch of money maybe youve heard about hacks and this and that and the other thing and i think in order to get people to cross that threshold you have to offer them something that they cant get anywhere else and frankly i dont think that the promise of decentralization is enough for that right because you know maybe people are kind of mistrustful of financial institutions banks whoever else but theyre probably more mistrustful of us right because because you know compared to citibank jp morgan etc you know were were small fish right so we have to offer them something better and not just something better because theres a bunch of you know funny business happening behind the curtain where you know youre hypothecating a bunch of assets that you dont really have the money to pay back and and this and then the other thing right the answer cant be like fraud the answer cant be like inventing something that actually doesnt have any inherent value um so i i think that in the blockchain and crypto world there have been a bunch of really novel interesting uh innovations right and and you know consensus protocols obviously is is one thing but thats not going to get people on board right so i think in d5 for example like automated market makers thats really cool thats novel and is that going to get people in the door probably not right they probably dont really care about that um flash loans are another thing that like theres really no analog in the the traditional world for that and you know also thats not probably going to get people in the door but i think that eventually there will come products that appeal to a wide enough audience that we can onboard a lot of people and get like real mass adoption yeah i think its kind of hard to predict like will be a wave but i can comment on i guess like some things that we that we observe um i think one thing is onboarding of more real world assets on chain um so for example like putting real estate as an nft and bringing that into d5 by like fractionalizing the nft which i think is a really interesting problem and it like is a pretty interesting application of d5 because you can actually use it with real assets yeah so i guess i from the observing from the uh like project building or maybe theyre looking for security assessment like most of them they are nft and then transition into more you know d5 fashion so for instance like putting nfd as like a liquidity or liquify the nft for fresh on purpose or such that uh and so and also like the maybe like game five also one of the way that could be it possibly had it related to you know uh built on top of the fundamentals as uh for uh decentralized finance as well but no matter what its like from security firm perspective what we see is like giving the high you know amount of exploit from the q1 and q2 i think like one of the biggest topic well be bringing up is cyto insurance um how people insurance always the backbone for the financial services so this topic will be come across right more and more uh how can you protect your assets when youre investing in the xyz routes or you know pool and i believe that changeling also working a lot on the insurance insurance type of uh you know price oracle maybe that pricing set so i think that that would be also helping people to getting like a fair rate uh for the insurance program thank you so much guys that was super insightful lets give a hand up for our panelists here today all right we have a few minutes for q a so if anybody has any questions feel free to raise your hand i think itll be quiet enough if you speak loud enough yeah go for it can you guys hear him okay so hello ah thats good so yeah my question more of comes from a legal side of the tokens so how exactly you know if something goes wrong on the token side how a person can uh go in the court and is there a law existing for you know uh for if on on the token side because uh regarding the securities ethereum and bitcoin are declared non-securities but the tokens which are there the dow tokens or the d5 tokens they are not yet legally backed up so what what could be the solution for that if you have any answer our our general counsel will be very proud of me for saying i cant answer that question for you sorry because this is the question like while i was consulting 2000 now im consulting to people who want to make doubts and im concerned that if i consult wrong its hazardous so im just keeping quiet when it comes to token and im trying to find the answer but im not able to my advice to you would be to talk to someone that actually practices law and not some guy on the internet i spent 500 dollars yesterday talking to a lawyer and they dont have answers what are the five minutes of lawyer time or thats thats something look yeah so thanks a lot uh hey uh great talk from everyone this uh question is more for the gentleman from trufflation uh cpi data although its uh flaws are still adjusted by large banks and tracked by do you find a similar interest in uh ingesting uh translation data from either web3 or tradfi i know you guys are still early and actually were getting a lot of attention right now its very timely our our methods are very sound um were at a consensus level were doing 30 40 million data points um were definitely getting noticed i cant say too much now but i know that youll see us as a widget and be available on many of your favorite uh financial web 2 um websites yeah so its hard for me to answer that directly but i i think um youre going to see a lot more of true flation and we are looking at doing you know uh this potentially for countries that cant handle it on their own great thank you and congratulations i saw you guys got high praise at davos this year yes we did thank you very much anyone else got a question for the auditors um you know it seems like a lot of projects kind of see audits as like a panacea wondering what you guys think about how we can make security more continuous as opposed to just like a one you know snapshot in time yeah i think thats a pretty difficult question for projects because a lot of the time its like there are ways to ensure like a continuous engagement right from auditors for example we offer a retainer service i think the issue for projects is they often need to trade off between like their runway and like their supposed or like their belief of how much security theyre really getting right and oftentimes i think at least in the moment projects will make the compromise against security and like having more short-term spending power um and security is also kind of difficult because its often difficult to evaluate like how much security benefit youre really getting because it doesnt really hurt you until you actually get hacked and theres actually a pretty good chance i think you like will not get hacked like realistically only very small percentage of products get hacked right so like sometimes products are linked to take that gamble um and i feel like its more of um issue on like the community side and like general public awareness like if the people using the app pressure the project to like have some sort of continuous engagement with like a security firm um then like theres therell be a financial incentive for them to actually do so as opposed to them just being like oh yeah lets yellow our security and have an audit report very beginning and then you know do whatever we want with our code base um yes so i guess thats multiple stage that we have been thinking through this problem a lot how can we you know control some of the dynamic security risk um so when were doing the investigation maybe the study uh we found out that uh many times when they project during the audit this is more static right were improving the code quality um people um some of the projects also engaged with like you know unit tests uh integration tests but at the end say uh sometimes my program was still making mistake um and not executed expected so when we come across on different side categories like i think that just using like one of the example as like a d5 right most of the time d5 would be impacting like by several factors like one could be like external factor if one of the library or maybe like uh the pool that you are engaging go exploit you also got your project might also get like uh like affected by you know that type of risk and the other one is say unfortunately you got like economic model impacted by some xyz token as well so uh from certain perspective like this is why we are monitoring like smart contract usage just like for step number one transaction behavior like a normal transaction behavior uh on detecting the backlog the wallet edges that you guys are interacting with another risk factor um and then the third one is like can we doing more like a uh simulation testing on the economic part uh for instance if the token xyz were slight launchers like can we engage with their you know tokenomic model and simulate on a uh another you know like rocket environment just make sure that the con the security guard could be like somehow continuously uh captured on the usage on the fly um and also uh one more is if there any project recently got exploited right its your project will be got affected so this is something that were trying to rolling out very soon uh what we call a vms system the site vulnerability monitoring so meaning that if there is a one exploit were going to scan through all our code base and study is that were going to generate some of the test case to foster your content if youre affecting by the most recent export scenario like certix will definitely reach out to you guys just make sure that uh can minimize the loss before uh you know some other hackers just like spotting on your contract stuff and all this say we definitely work in a fashion site first work with the project team and then you know make it a little bit more transparent to the after all the fixed experience just like transferring to the community as well thank you um i i feel its appropriate to ask the question since were at a channeling sponsor event what is in each of your roles the biggest value add the chain link or an oracle real world data provided to a blockchain in each of your positions so first of all we really couldnt do this without chain link obviously so uh were uh very deeply involved with you guys um and um youve become an integral part of of true flation uh in addition to that the nft that were gonna be bringing out will only open up when the trufflation number reaches a certain amount which will be also regulated by chain link in terms of api interaction so we think thats kind of fun so there are a few things that were doing but obviously you know as laguna and as a large organization uh were looking to integrate with um many different organizations and especially chain link to a greater amount yeah yeah obviously when youre um when youre working in uh uh the blockchain world right you need to have some way of getting like real world information into the blockchain right and and thats what you guys do and thats super important for a number of dapps on avalanche so keep it up yeah i think many projects that we work with or like we work with a lot of dfi projects um and having a trusted oracle is like super helpful right or like essentially most of d5 would not function without a reliable speedy and trusted oracle so i think having that in chain link is very very helpful um yeah um yeah i guess at first its weird yeah we always say when people are using uh you know price uh astrology stuff we have to recommend that you know using like some legitimate you know providers make sure that your project will not get hacked and we do see a lot in the past like people were kind of reading events so they built their own article and at the end like all this project got hacked yes this ones for oh my bad this ones for chris at trufflation backing up your comment about moving forward with decentralization has the true flation team given any thought to opening up uh further decentralization of either bootstrapping other nodes or data providers to help provide inflation data from other sources or from other nodes on the chain link oracle network to allow dap creators or smart contract engineers to access multiple data points from that so thats a very good question its its a bit above my pay grade but im going to say yes to that i think were definitely looking at trying to create uh collect the data from from as many places we can and have it authenticated by chain link and so im not really the right person to answer that question thats a very good question um but i think our goal is to create a huge database uh and a huge data collection uh and and right now its its in the tens of millions and over time itll be even more to help make sure that the veracity and accuracy of the data is there fantastic thank you thank you uh so my question is for avalanche and maybe cena so you guys doing a project with lemonade why did you choose avalanche for the uh integration i dont know if thats a question for you or something we did choose avalanche uh all the different providers on it the reinsurers uh the data providers all of them were on avalanche were blockchain agnostic we work on a couple dozen different blockchains and so for us it really doesnt matter um but avalanche is doing a lot of investment on the enterprise side and um yeah just happened to be that way thank you anyone else questions nope well again thank you again for lets give another round of applause for the panelists here you At this Chainlink meetup in NYC, join a panel of experts from Ava Labs, Certik, OtterSec, and Truflation. They explore how Web3 is transforming digital ownership and why practical DeFi tools are needed to increase protocol security.Featured guests: Daniel Laine, Senior Software Engineer at Ava Labs Connie Lam, Head of Shield at Certik Robert Chen, Founder at OtterSec Christopher Lauro, Marketing and NFT Lead at Truflation About Chainlink Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains. Learn more about Chainlink: Website: Docs: Twitter: Chainlink Chainlink,