NEST Protocol is an Oracle solution that provides pricing information for De-fi(Decentralized Finance, De-fi) services. Oracle problem refers to the reliability of the price that occurs when data outside the blockchain is imported into the blockchain. The Nest protocol allows the DPI services to pull out external pricing information without Oracle problems.

The main goal of the partnership is Pirmachain’s entry into overseas markets. Nest Protocol will utilize Pirmachain’s blockchain-based electronic contract service, while also supporting the service to be activated through related companies.


As a decentralized price provider on the chain, NEST has been working hard to realize the dream of a new financial order on the chain. The Core team has never stopped thinking and developing NEST. Up to the current version, NEST is still evolving, rather than becoming perfect all at…


On March 1, 2020, Odaily, a professional media platform for blockchain, and nestfans, an enthusiast of NEST (NEST is a distributed oracle machine), had a deep dialogue on the development trend of the DeFi insurance industry. What are the design ideas and development trends of DeFi insurance products? …


After the birth of Bitcoin, a special industry emerged — mining. The nodes that complete nonce calculations and package blocks, called miners.

Every transaction we make on Bitcoin is recorded by these miners on the blockchain. Since miners have the right to keep ledgers, they naturally have a lot of…


Recently, Compound started to distribute COMP on June 15 through governance proposal 007, and initiated the token distribution mechanism of “loan mining”. Subsequently, COMP was listed on Uniswap with its price rising all the way. As I write this article, the price is 0.407 ETH. Its total market value exceeds…


The current blockchain structure is not as omnipotent as we think. Although it has achieved the features of decentralization and tamper-proof through consensus, it is also a distributed system of repeated calculation and redundant storage. If we take the smart contract into account, it also includes the repeated auction feature…


If you ask me what attacks are inevitable on the blockchain, I will answer: blocking attacks and 51% attacks. We will talk about the 51% attack next time, and today we will discuss the blocking attack.

The so-called blocking attack is to occupy the block with transactions, so that the…


Since the advent of BTC, more and more people have begun to use “wallets”. Blockchain wallets are essentially a private key management tool. After the developer has developed the wallet, it can be released on the Internet without updating. The user has nothing to do with the developer after downloading…


With the continuous development of the blockchain world, the mining industry scale is becoming larger and larger, and the difficulty is getting higher and higher. …

NEST Protocol

A decentralized price oracle based on Ethereum

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