As blockchain evolves, it demands the variety of the changes in the data ledgers like - oracle, smart contracts, ledger, updated data aggregators and many other data point providers. Pyth network has multiple components through which it serves the data to the consumers. And the same data can be given in the feedback system to the data aggregators, smart contract creators and the providers.
Pyth network recently got the data provider named Laser digital in this update. And they have been making tweet about one of their new data provider too. So you can check them out below.
Laser digital is one of the data providers who are going to join the Pyth network. And they being in the field of the asset management and venture, that would be another plus for the pyth. I also think that having more data providers as a network helper makes a lot of useful option. I mean in case of the oracle networks that need the constant data, we can see that there are many such options out there that would make a wonderful addition for the pyth network.
Pythn network requires the consumer, oracle network and data aggregators and finally the data publisher. Combining all of that makes sense. In a way that does not happen very easily. Some network who are into the data aggregation has to play by some of the changes too. I have realized that it may not be that easy for the data aggregators who work with the oracles. So having Laser digital in the network would help them in many ways.
Considering the amount of the dApps and the places that make use of the Pythn network we are going to be seeing some really good output. And we are also going to be seeing some dramatic changes in the adoption of such data oracles. Let's see where this goes in upcoming future.
