Difference between revisions of "Pyth Network"

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=== High-fidelity (HiFi) data ===
=== High-fidelity (HiFi) data ===
For innovations to accelerate and the whole DeFi ecosystem to mature, it requires high fidelity, time-sensitive, real-world data, which has historically been inaccessible on-chain. High fidelity in this context means accurately reporting data in a timely fashion.
Financial applications requires high-fidelity, time-sensitive, real-world data, which has historically been inaccessible on-chain. High-fidelity in this context means accurately reporting data in a timely fashion.


Contemporary music science introduced the concept of high fidelity to audiophiles by demonstrating the importance of minimizing all distortions in sound reproduction. Simply put, sound engineers focused on reproducing music accurately (with more granularity) on new digital mediums.
Contemporary music science introduced the concept of high-fidelity to audiophiles by demonstrating the importance of minimizing all distortions in sound reproduction. Simply put, sound engineers focused on reproducing music accurately (with more granularity) on new digital mediums.


== The Pyth Network ==
== The Pyth Network ==