Have you ever wondered where the biggest risk points in blockchain truly lie? Many people would say it's smart contract vulnerabilities or hacker attacks. But what if I told you that the real threat comes from the price data we use every day?
Last year, I witnessed something that left a deep impression on me. A leading DeFi platform's oracle delayed data updates by just 3 seconds, and as a result, during those volatile minutes, a chain reaction of liquidations was triggered. In less than ten minutes, $80 million was gone. At that moment, I truly understood— the most formidable enemy in the blockchain world isn't hackers, but "distorted truths."
**The Embarrassing Situation of Traditional Oracles**
When it comes to oracles, most people's understanding still stops at the level of "price reporting machines." Indeed, advanced solutions have addressed questions like "How much is ETH right now?" But real-world needs are far more complex.
Imagine scenarios like: a property needs to be tokenized, a bond needs to be digitized, or the ownership of an aircraft needs to be verified... The problems immediately become thorny:
How to verify the authenticity of this property rights document? Has the bond been pledged multiple times? Is the aircraft really at the specified location right now?
Traditional solutions are completely powerless against these issues. They are designed to handle standardized data, but when faced with the complexity of the real world, they fall short.
**The True Role of AI**
What truly excites me is the application of AI in the new generation of solutions—this is not just riding the trend, but genuinely using AI where it matters.
Using AI as a "data forensic" tool is a different approach. For example, when an institution wants to issue an asset, AI can not only read data but also cross-verify, identify anomalies, and assess data credibility. This multi-dimensional authenticity verification is exactly what DeFi needs as it moves toward complex assets.
The evolution of oracles is clear: from simple quote tools to "information interpreters" that understand the complexities of the real world. And this is a crucial step in reshaping the trust foundation of blockchain.
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HashBandit
· 01-06 20:39
nah but fr the 3sec oracle lag thing hits different when you've watched your entire mining rig ROI calculations crumble... lost more money to latency than actual hacks tbh
Reply0
ruggedSoBadLMAO
· 01-06 10:26
80 million lost in 3 seconds delay, this is just outrageous.
View OriginalReply0
BoredRiceBall
· 01-03 22:52
8 million disappeared in 3 seconds? Did this guy really see clearly?
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Oracles are even more unbeatable than contract vulnerabilities; they are hard to defend against.
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Basically, it's a trust issue. Can AI solve it? I have my doubts.
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This is the real hidden risk. I never thought about it before.
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Wait, about the real estate bonds and airplanes, can traditional oracles really handle that?
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I'm concerned about how this AI solution guarantees it won't make mistakes.
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The truth about distortion, remember that, can't sleep at night.
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8 million, everyone, just gone like that. How can we let this slide?
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Upgrading to an information interpreter? Sounds good, but I'm afraid it's just old wine in a new bottle.
View OriginalReply0
AirdropHuntress
· 01-03 22:52
$80 million disappeared in 3 seconds. I need to pull up this data to see if it's real or not.
View OriginalReply0
DiamondHands
· 01-03 22:52
An 80 million loss due to a 3-second delay—how outrageous is that...
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Oracles are truly the weakest link in DeFi; I never thought it could be so deadly.
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The AI forensic analogy is brilliant, but the key question is who verifies the AI itself.
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Basically, it's a matter of data trust. No matter how advanced the technology is, it needs a credible source.
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Wait, how can the aircraft's location be verified on-chain? That's some wild imagination.
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Putting complex assets on-chain sounds great, but how many oracle nodes will be needed to back it up?
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The more terrifying enemy than hackers is latency—that's a real punch to the gut.
View OriginalReply0
RugpullSurvivor
· 01-03 22:28
A 3-second delay directly causes 80 million in losses, this is outrageous... I don't dare to hold a heavy position in DeFi anymore, the oracle pit is too deep.
Have you ever wondered where the biggest risk points in blockchain truly lie? Many people would say it's smart contract vulnerabilities or hacker attacks. But what if I told you that the real threat comes from the price data we use every day?
Last year, I witnessed something that left a deep impression on me. A leading DeFi platform's oracle delayed data updates by just 3 seconds, and as a result, during those volatile minutes, a chain reaction of liquidations was triggered. In less than ten minutes, $80 million was gone. At that moment, I truly understood— the most formidable enemy in the blockchain world isn't hackers, but "distorted truths."
**The Embarrassing Situation of Traditional Oracles**
When it comes to oracles, most people's understanding still stops at the level of "price reporting machines." Indeed, advanced solutions have addressed questions like "How much is ETH right now?" But real-world needs are far more complex.
Imagine scenarios like: a property needs to be tokenized, a bond needs to be digitized, or the ownership of an aircraft needs to be verified... The problems immediately become thorny:
How to verify the authenticity of this property rights document? Has the bond been pledged multiple times? Is the aircraft really at the specified location right now?
Traditional solutions are completely powerless against these issues. They are designed to handle standardized data, but when faced with the complexity of the real world, they fall short.
**The True Role of AI**
What truly excites me is the application of AI in the new generation of solutions—this is not just riding the trend, but genuinely using AI where it matters.
Using AI as a "data forensic" tool is a different approach. For example, when an institution wants to issue an asset, AI can not only read data but also cross-verify, identify anomalies, and assess data credibility. This multi-dimensional authenticity verification is exactly what DeFi needs as it moves toward complex assets.
The evolution of oracles is clear: from simple quote tools to "information interpreters" that understand the complexities of the real world. And this is a crucial step in reshaping the trust foundation of blockchain.