Replying to Change this if you want

The Oracle on Jade by default is blockstream server so thats why I thought that this email was legit at first. But yeah you are right
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DataNostrum 1y ago

I'm confused, how does the Jade wallet work? Why does it need an oracle?

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jimbocoin πŸƒ 1y ago

Fantastic question. My guess would be price oracle (for showing amounts in fiat currency equivalent units)

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DataNostrum 1y ago

Looking it up, apparently they have a mode of operation where the seed is decrypted with the help of an oracle server, the goal being to increase the security in case someone gets hold of the hardware wallet and tries to extract the seed

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jimbocoin πŸƒ 1y ago

Ah yeah, some kind of multi-factor thing, almost like collaborative custody. No thanks.

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DataNostrum 1y ago

It's a "blind" oracle apparently, it doesn't see your seed, and you can also host the oracle yourself. Still, seems too complicated

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jimbocoin πŸƒ 1y ago

Unhelpful complexity

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Change this if you want 1y ago

It’s pointless to host oracle in the same place with your jade wallet