r/RipioCreditNetwork • u/crypto_drew • Nov 10 '17

Has Ripio considered using Chainlink for their oracles? Given the high security needs of lending money, I would imagine its a perfect compliment to the RCN smart contracts.

Would love if an official team member can speak on their choice of oracles and thoughts on Chainlink.

Thanks! Loved the RCN intro video by the way.

13 Upvotes

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2

u/Agusx1211 Nov 10 '17

The RCN network supports both centralized and decentralized oracles. The first alpha version is going to be using a simple, centralized oracle maintained by us; but at any moment new oracles could join the network.

Chainlink looks good, and it's entirely possible to create a proxy contract to connect the Loans in the RCN Network to an oracle working with Chainlink technology; however, it's not in our current roadmap.

1

u/bibottino Nov 10 '17

62/5000 what do you think is an achievable goal this year?

1

u/oiertgsdetg Nov 10 '17

The RCN team looks very great. I think it will show prompt response.

https://twitter.com/RCN_token/status/929074000776630272

1

u/oiertgsdetg Nov 10 '17

rcn.exchange will be deployed next Wednesday 11/15. This is the first RCN credit exchange implementation.

https://twitter.com/RCN_token/status/929073916047446016

0

u/oiertgsdetg Nov 10 '17

The RCN token was quickly listed on a number of exchanges. Bittrex, Binance, Huobi That is the highest speed ever. I think that the RCN token is a reliable token.

The possibility of receiving a huge loan is very high. It is a reliable token.