The full-scale war between the Ethereum ecosystem and the Solana ecosystem has reached the level of the oracle race track. Recently, Mindshare's modular oracle Redstone, which has remained high, can be regarded as a representative of the new generation of oracle machines in the Ethereum ecosystem. Its TVS scale is 4.518b (DefiLlama statistical caliber, the same below), ranking fourth in the oracle machine race. And claimed to be the fastest oracle, Switchboard, as a representative of the Solana ecosystem's new generation of oracle, with a TVS scale of 954.41m, ranking 7th in the oracle race. Comparing Redstone with Switchboard is very interesting. Redstone adopts Eigenlayer's AVS oracle paradigm, with its TVS assets mainly consisting of various Wrap assets and CDP stablecoins of the Ethereum/Bitcoin ecosystem LST/LSD protocol; Switchboard adopts JITO's NCN (Node Consensus Network, JITO version AVS) paradigm, and its TVS assets are mainly high-performance L1 assets such as Solana, Sui, Aptos, etc. From a disk learning perspective, the underlying financial logic of Restaking AVS/NCN is a classic dividend sharing disk ➡️ Split the disk. But even if everything is a Ponzi, we should adopt Soros style realism towards it. As long as there are practical application scenarios for splitting the disk, and it can reduce costs and increase efficiency to achieve Pareto local optima, then its fundamentals are very solid. Let's take a look at the fundamentals of Switchboard. Switchboard not only provides an additional Staking reward to JITO's SOL staking users, but also utilizes JITO's NCN network to achieve permissionless access to oracle nodes. Anyone can create a data source for the Switchboard oracle network by staking the Restaking assets supported by JITO. Switchboard is the first external JITO NCN network, with economic security guaranteed by JITO TVL for the 65.6M fragSOL vault. 👉 FragSOL Vault Dashboard https://www.jito.network/zh/restaking/vaults/HR1ANmDHjaEhknvsTaK48M5xZtbBiwNdXM5NTiWhAb4S/ Even cooler, Switchboard supports the highest level of oracle data source customization, including full control over update intervals, data weights, custom logic, price averaging methods, and integration of on chain and off chain data sources, among others. In addition, as the fastest oracle, Switchboard supports price feed updates of approximately 400 milliseconds or less. Quick is everything for the oracle. Fast, can minimize slippage, can maximize user safety, and can extract more asset time value. We know that many people in the market believe that the oracle race has entered the mature stage of its lifecycle, and the market pattern has already been established. However, in fact, in addition to AVS oracle machines such as Redstone and Switchboard, there are also oracle machines with AVS+ZK and AVS+FHE paradigms that are constantly emerging. These new oracle projects actively explore new asset categories (especially various Wrap assets and CDP stablecoins based on LST/LSD protocols) and price feeding market space for new L1/L2 ecological assets, relying on the new features of Restaking asset security, high degree of freedom, license free, and developer friendly. Despite the joint monopoly pattern of third-party oracle machines such as Chainlink and Pyth and proprietary oracle machines of DeFi blue chips, they can still achieve wild growth. above. @switchboardxyz