I looked at @ switchboardxyz Switchboard project A friend asked me curiously What is a oracle It sounds particularly sacred and unattainable The oracle speaks human language Smart contracts can access off chain data Plays a role in linking the truth of the world outside the chain So in the new project, Switchboard Fast and customizable, it's built for the DeFi ecosystem To be honest, traditional oracle solutions are inefficient High entry threshold, slow updates, and many restrictions But Switchboard did break these Behind them are big brothers such as Sui and Bixin 11 million US dollars in financial funds can buy 8 Tomahawk missiles Provide security for assets exceeding $4 billion ✅ Compared with other major competitors, Switchboard has four major killer features openness Switchboard allows unauthorized creation of feeds PYTH needs to apply to become a publisher RedStone and Chainlink also have similar restrictions Unpermitted gold content DDDD speed Switchboard's 400ms latency Far faster than PYTH's 1.2-1.4 seconds 8-20 seconds with RedStone What is the most important requirement for high-frequency trading? Exactly the speed! flexibility Switchboard flexible Oracle aggregation Satisfied diverse needs safety Effectively prevent tampering through TEEs and decentralized nodes ✅ Switchboard's data feeds This is also their ultimate skill Allow users to create custom data Such as cryptocurrency prices or weather information Suitable for DeFi, gaming, insurance and other fields Users can choose data sources and update intervals Easy to operate, no license required Safe and reliable, low latency The gold content is indeed high ✅ Switchbaord's Collaboration with Jito This is really awesome The two parties cooperate to introduce a re pledge mechanism Becoming Solana's first external Jito Node Consensus Network (NCN) Jito is a Solana liquidity pledge system Support users to pledge SOL and participate in DeFi Simultaneously enhancing network security through re staking, Switchboard utilizes this mechanism Allow users to re pledge assets To support its oracle network and receive rewards Thereby enhancing decentralization and reliability You can follow the progress of switchborad