MXC AMA Recapitulation - Bridge Oracle (BRG)
Kevin@MXC
Guest : Hakan Estavi, CEO pf Bridge Oracle
Host: Iris
Introduction:
Hello guys and gals.
I am pleased to be your AMA guest.
I am Hakan Estavi, CEO and founder of Bridge Oracle. Bridge Oracle is the first ever public oracle system on TRON network which has been developed to provide the ability of accessing off-chain resources within smart contracts.
Questions from community:
Iris: What is Bridge Oracle? Can you share with us more in detail?
Estavi: Of course!
Bridge Oracle is a public oracle system on TRON and Binance Smart Chain, using which smart contract developers can infuse real-world data into their smart contract and create real-world connected Dapps and DAOs.
Iris: What triggers you to launch Bridge Oracle? What are some of the real-world problems/ pain points that Bridge Oracle aims to solve?
Estavi: Skills Malaysia Invite SDN. BHD. is a big IT company with various kinds of software products. After Ethereum inception, we decided to establish a blockchain laboratory and start working on blockchain-based technologies and developing Dapps. Previous year that Ethereum network fee increased a lot, we decided to work on TRON network. After developing a dapp we recognized that there is no public oracle system on this blockchain. We terminated all of our projects on this network and started to develop a public oracle system capable of infusing data from external resources.
Bridge Oracle can resolve connection issues:
For example, suppose that a person wants to promote a video and he wants to pay crypto using a smart contract to the promoter person based on the number of views after two days. Number of views is external data which should be infused into the smart contract by a gateway. If this number satisfies the contract terms (based on owner of video and promoter agreement), the amount is paid to the promoter. This number may be infused into the smart contract by Bridge Oracle. Then smart contract can calculate the amount which should be paid to the promoter address. Such a connection results in implementing real-world connected Dapps.
BRG token should be paid for receiving such services.
Iris: What are some of the challenges that Bridge Oracle currently face? How do you aim to solve them?
Estavi: We are not providing proof of authenticity of data for the peice of data that we infuse into blockchain yet and we are working on it. We have to prove that each piece of data that Bridge Oracle injects into a smart contract is not tampered and it is authentic.
In order to solve the case we have assigned some experienced developers who are TEE (trusted execution environment) experts and they are working on possible solutions, seriously
Iris: Are there any exciting news or updates with regards to Bridge Oracle that you would like to share with the users?
Estavi: Bridge Oracle is bridging between TRON network and Binance Smart Chain. Soon TRON network tokens can be transferred to Binance Smart Chain using Bridge Oracle infrastructure. This case will enable the projects to serve on Binance Smart Chain as well.
We have more great plans on which we are working; however they are secret yet. We will reveal the products soon and the people will be greatly surprised. 😉
Iris: If you were to summarize your project in 1 word, what would it be? Why?
Estavi: Connectivity 😎
Bridge Oracle aims to connect real-world data with blockchain and a blockchain with other blockchains. So the word connectivity is the best choice for this project.
Free-asking Session
Q1:For there to be sustainable supply, there must be demand, how do you plan to attract users, incentivize them in the early stages of deployment?
Estavi: In coming days, we will hold development competition to build upon Bridge Oracle. We will sponsor the best projects. We can employ them or support their projects.
Moreover we will reveal surprising data sources that no one has seen similar case before. However they are secret yet and we are currently working on it.
Q2:How many wallets does your Bridge Oracle project currently support? In your opinion, which e-wallet should I choose is right for your project?
Estavi: Many wallets including Trust Wallet, Atomic, TronLink, Klever, Math Wallet and etc. Support $BRG and biggest new wallets Coming Soon
All of them are among the best, you Can use each as you are Comfortable
Q3: What is the role of token in the ecosystem? Where can users currently buy it, and what would be its use?
Estavi: Using BRG you can pay for services of Bridge Oracle.
For example you can currently use Bridge Oracle to infuse real-world data into your smary contract and pay for such service.
In coming days, you can send your TRC20 tokens to BSC BEP20 network and pay BRG for the service.
You can buy BRG tokena in KuCoin, Poloniex, MXC, HitBTC, Changelly, BKEX, etc.
Follow us:
Telegram: https://t.me/MXCEnglish
MXC trading: https://t.me/MXCtrade
Twitter: https://twitter.com/MXC_Exchange
Reddit: https://www.reddit.com/r/MXCexchange/
Facebook: https://www.facebook.com/mxcexchangeofficial/
Discord: https://discord.gg/zu5drS8
Medium: https://medium.com/MXCExchange
Instagram: https://www.instagram.com/mxc.exchange/