Science popularization: What does 2 seconds fast mean for a oracle There are many classic cases in the cryptocurrency industry that rely on "speed" to make big money, such as Equation, which is one of the top performers. A few nights ago, when I played WET, I rented a business plan from Helios and got into the 200TPS node. However, I only managed to get in 20%, and the competition was fierce. Many people are unaware that the speed dispute of the oracle is also extremely fierce. Let's sneak in! ⬇️ Two seconds have already determined life and death. In the technology industry that often calculates in milliseconds, a oracle is 2 seconds faster than its closest competitor and 300 times faster than a generic solution, which is a cliff like lead. This is the Dragon Switch board, the ultra high speed oracle track that I have previously popularized. Why is @ switchboardxyz so fast? The traditional oracle path is: price data source oracle node state layer dAPP receiving data, which takes 2-10 seconds to complete. This could be a disaster for high-frequency trading or price sensitive DeFi applications, as this delay could be exploited by attackers, especially in oracle attacks and lightning loan attacks. On December 4th, the Chainlink oracle mistakenly sent the price of WrstETH as $5.8M, which is outrageous. At that time, ETH was about $3K. Hackers seized the modified delay time and used Lightning to deposit 0.02 WrstETH and borrow 20 wstETH. Repeatedly, they took away 295 wstETH, about $1 million. This accident tells us that speed is not only about efficiency, but also about safety. Switchboard is a leader in high-speed oracle machines, providing ultra fast, permissionless cross chain data transfer in TEE trusted environments. All of them are knowledge points, let's just understand them briefly. That is to say, Switchboard has made innovations in environmental security, data transmission methods, and data licensing models, which can achieve faster, safer, and cheaper results. In addition, it provides exclusive innovative Oracle AMM. The Surge model of Switchboard's core product can be understood as specifically designed for DeFi/DEX. Switchboard is deeply integrated with top protocols such as Jito, Drift, GMX, Kamino, Fragmetric, etc., covering cross chain, wallet, DEX and other applications. No wonder the official website calls itself "The Everything Oracle". Developers can obtain millisecond level, low-cost, and permissionless data transmission without the need to build complex oracle systems, and can handle all core on chain operations such as transactions, lending, and clearing. / Less than 10 milliseconds, covering 7 public chains, integrated with 50+DeFi protocols, safeguarding over $5 billion in on chain assets, and monopolizing the absolute leader in Oracle AMM. If you are following this track, I cannot allow you to not know yet. The key point to note is that the market's valuation feedback for such a leading player in a new track is severely imbalanced. The oracle market is more like a traditional sales model that prioritizes marketing and resources. Switchboard technology, products, and sales have made tremendous innovations, and it is understandable that there has been no price feedback in the short term, as it is very advanced. Just go straight to the numbers, Switchboard's market value is only about $12 million, can you bear it? Chainlink and Pyth have market values of approximately $11 billion and $536 million, respectively. Switchboard is already far ahead of these old guys in terms of technology, speed, and security. It seems that there is only one process missing? The high-speed oracle, which is a new direction in the oracle race, has indeed produced a group of excellent players. It is actually difficult to apply technology widely, which means that you not only need super powerful technological solutions, but also strong capital and resource backgrounds, because this is a typical winner takes all track. What's going on? Actually, there's no way around it. Projects that are purely technical and don't rely on hype need to gradually accumulate their own moat and competitiveness, and work slowly. Switchboard can quickly adapt to new requirements due to technological innovation and architecture, such as the recent support of x402. Enabling the service is also very simple and completely permissionless. You don't need to write emails to get APIs or wait for approval from leaders. Just use the on chain subscription model, and SWTCH tokens can perfectly integrate into the ecosystem. Gem's discoveries always have strong non consensus, and if Switchboard can smoothly navigate through bull and bear, I think it would be an excellent target for observation. / Author: Anymose | A Soft Core Science Popularization Writer This article is for educational purposes only and does not constitute any investment advice. Always remember DYOR!