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b'Oracles are all about bringing important data (mostly asset prices) onto the blockchain. As such, they\\u2019re a key part of decentralized finance. But oracle provider Pyth sees room for improvement as it relates to being more real-time than crypto incumbents like Chainlink. Mike Cahill, the CEO of a brand new Pyth-linked firm called Douro Labs, joins the show to explain the opportunity he sees in building better oracles.\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\\nShow highlights:\\n\\nhow Pyth Network works and what the upcoming Perseus upgrade consists of\\n\\nMike\\u2019s background in traditional finance\\n\\nwhy oracles are necessary in crypto and what the challenges are for oracle providers\\n\\nwhether it\\u2019s hard for traditional institutions to participate in crypto protocols\\n\\nwhat the four types of oracle solutions are and how they differ\\n\\nhow Pyth determines which data providers are allowed in the network and how that will change if it becomes more decentralized\\n\\nwhy Mike compares the scalability of Pyth to how Facebook grew\\n\\nwhy Douro Labs is being launched and why it will be solely focused on Pyth for now\\n\\nthe factors driving Pyth\\u2019s growth, according to Mike\\n\\nMike\\u2019s opinion on the current state of the crypto market and what the endgame is for Pyth\\n\\nThank you to our sponsors!\\n\\nCrypto.com\\n\\nArbitrum Foundation\\n\\nTOKEN2049\\n\\nGuest:\\n\\nMike Cahill, CEO at Douro Labs.\\nLinks\\n\\nWhat\\u2019s the Difference Between Pyth and Legacy Oracles\\n\\nUnchained:\\xa0\\n\\nWhat Are Blockchain Oracles?\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'