An Exclusive Conversation With RedStone on How It Became the Guardian for Trillion Dollar Assets

In this insightful interview, Hardik Katariya, CEO & Founder of Top Coin Daily, sits down with Marcin Kaźmierczak, the Co-Founder and CEO of RedStone Oracles, the world’s second-largest blockchain oracle securing over $8 billion in assets. As institutional heavyweights like BlackRock and Apollo move into tokenized Real World Assets (RWAs), the role of the oracle has shifted from a simple data feed to a critical piece of market infrastructure.

Kaźmierczak highlights the rigorous due diligence required to partner with $10 trillion asset managers, delivering data in 10-millisecond intervals for next-gen chains like MegaETH, and why he believes the industry must embrace legal liability and KYC to truly mature. 

From preventing fat-finger human errors in trillion-dollar mints to the future of AI-driven anomaly detection, this conversation explores how RedStone serves as the “silent guardian” ensuring that the truth on-chain perfectly mirrors the reality off-chain.

Deep Dive with Hardik Katariya & Marcin Kaźmierczak

Hardik: Welcome to Top Coin Daily. Today we have Marcin Kaźmierczak. He’s an entrepreneur and blockchain expert and he’s best known as the Co-Founder and CEO of RedStone Oracles.

Marcin, can you please introduce yourself and  tell us a little bit about RedStone Oracles, exactly what it delivers and who it delivers to? 

Marcin: Of course. Thank you for inviting me and hello everyone. It’s great to be here.

So I’m Marcin, Co-Founder at RedStone. We are the second largest blockchain oracle globally, securing right now over $8 billion of assets. Meaning that if we explode tomorrow, over 8 billion would be at risk. We support 200 B2B clients at over 110 chains such as Morpho, Spark, Securitize, Ether.fi, Ethena, Compound, and many, many other blue-chip DeFi projects, but also institutions.

An oracle is an infrastructure that allows data to be delivered to various blockchains. So we support for example Ethereum, Solana, Stellar, Canton on the institutional side, whenever those blockchains have applications on top that require data feeds. For example market data about crypto assets, Bitcoin, Ethereum price, commodities, gold, silver, uranium, Forex, Hong Kong dollar, Canadian dollar, euro and so on. Or maybe international stocks like Nasdaq, Korean ones, and many others.

They require an oracle to aggregate data from multiple sources and then deliver it to the final client. And RedStone is the first modular oracle allowing for scalability in terms of the use cases that we support.

Hardik: That’s wonderful. So we’ll move to the questions. The first question that I have for you Marcin is which RWA category has surprised you by actually scaling in terms of usage over the last 12 months or a year and a half?

Marcin: That’s an interesting question and I’m going to have a weird answer. None of them. 

What surprised me is that they did not grow as fast as I expected, because I do believe that within tokenization you have a wider distribution of the tokenized assets because they are available everywhere in the world. You have 24/7 availability of those assets because they live on blockchains. And you have also, which is very important, lower cost of operating with them, minting, burning, and essentially like transferring from one wallet to the other. 

So right now we are sitting on about 23 billion of tokenized RWA. I expect by the end of the year we are going to have over 200. Because I already thought that by the end of last year we would have 30. So, right now it’s mainly treasury bills that are tokenized US ones. We have private credit, we have reinsurance, we have trade finance and a couple of other categories that are expanding this year.

I think the biggest growth is going to come from private credit. So it’s one of the categories that is very much demanded from clients and it also offers a fairly attractive yield. Treasuries right now in the US give you, let’s call it around 4%, whereas private credit can scale up to 8, maybe sometimes even 10%, which is simply more attractive for customers to tap into that yield.

Hardik: I have a follow up question for that. So this private credit that you’re talking about, is it like from the centralized bank that they tokenized on blockchain and then other people from a different country probably can utilize it? Or you own that credit and then you earn the yield? Or is this some, let’s say, a private or a locally created platform where you can just create this yield and somebody that you know could take advantage of it? So is it like open for the public that they could onboard onto or it just limited to certain entities?

Marcin: So I expect growth on both of those sides. But being absolutely frank, I’m more excited and have more perspective about the one that is a bit more centralized with big banks. And the reason is fairly simple. They have extensive measures to assess the risk associated with those credits.

So it’s more like there’s an entrepreneur that wants to create a new railway, and let’s call it US or India or China, and that entrepreneur needs 100 million dollars. Then a private credit company can essentially gather funds from individual or institutional investors to provide a line of credit and then distribute the yields from that.

Of course on the other side you have those smaller use cases, let’s call them micro credits and supporting the local economies. Tokenization on that aspect is harder in my opinion because the default rate can be a bit higher. Of course the return can be higher, but there is also not that huge depth of it because then you’re talking about loans of let’s call it $50,000, so how many people can actually invest in a product with $50,000? 

Hardik: There needs to be volume. 

Marcin: There needs to be volume and depth. And when we’re talking about serious private credit, for example we work with Apollo that has $750 billion of assets under management, with Hamilton Lane that has $1 trillion in private credit. So this is in size. So from that kind of tokenized products, both the individual institutional investors can go in in size and then await the returns over a longer period of time. 

Hardik: Right, that’s a great answer. So at what point does an RWA project stop being a pilot and start behaving like a real market infrastructure on-chain that people can actually be involved in? I’m talking about the retail investors or retail people who actually want to be part of it. Since right now it’s very limited to a certain entity and a group of people who understands this and are involved in.

So what do you have to say about when this is going to stop being a pilot and start behaving like the real market?  

Marcin: Yeah, I think we are going to see those evolution steps this year in 2026. And the reason is simple. Because we see signals from the largest American institutions.

In December of last year, the New York Stock Exchange announced native tokenization. DTCC, Depository Trust and Clearing Company, which is the largest clearing company in the world processing $3 trillion of asset a year, announced that they got no action letter from American SEC to pursue tokenization projects.

So it showcased tokenization is not anymore about some fun part. It’s the serious heavy hitters entering that market. And on the distribution side I’m very positive that also fintech applications such as Revolut, Robinhood, Stripe, and many, many others like in Asian countries as well will be offering those on-chain tokenized yields in a form that users will not even know they interact with on-chain finance. It’s going to be more like hey, one click and I invest into particular, e.g. treasury bills or private credit or something similar. And then users will just need to subscribe and the whole complexity is going to be abstracted away from them.

And where oracles come in very handy is whenever you have a tokenized… Okay, so let’s take it back. Tokenization means you have a token representation on-chain of something that lives off chain. But this off chain fund lives every day so there are ups and downs of the value of that fund.

So an oracle every single day updates the value of the fund on-chain so that the smart contract knows how to represent it correctly. So we always make sure that the truth on chain is the same as the one that is living off chain. 

Hardik: So your role is very critical to make sure that the off-chain value of certain things is accurately represented on-chain to whoever is interacting with it. 

Marcin: Exactly. Because on-chain you have smart contracts that execute autonomously and they execute based on oracle price feeds and oracle data. So if we were to skew some of those prices or essentially deliver incorrect data, unrightful liquidations can happen or even worse, it can lead to bad debt of a protocol and even some of them going bankrupt. So we are this kind of silent guardian of the protocols. 

Hardik: Yeah. So how do you make sure that the latency of the data stays in microseconds? Because, you know, there are arbitrages happening and right now the recent risk of AI agents being deployed to exploit such smart contracts. And we have seen recently in a demonstration that over half of smart contracts can be exploited. This was by Anthropic. So how do you make sure that your oracle guards against all of these risks? 

Marcin: Yeah, brilliant question. So RedStone is a technological company. 70% of our team members are engineers. So usually you have only like 20%, 30%. We are very tech heavy and the reason for that is we take reliability and security seriously. We have a few layers of security guards at every single point of our system. And as we progress, we are also implementing AI solutions to analyze before any threat is actually being seen by the other AI.

So it’s this weird word right now that AI fights with AI and which one is going to identify any vulnerability first in place. But at RedStone, we have never ever had a single price manipulation or downtime event. We are very proud of that and we want to keep track of that approach as we scale and we ensure that protocols are operating flawlessly.

Hardik: That’s wonderful. 

Marcin: One more thing that you mentioned, microseconds. 

Hardik: So, yeah, I mean, the latency of the data. I wanted to understand how, in microseconds, the data can be reflected. Because in a certain event where you know, there is a certain cascade of price going heavily down or heavily up, that point, it really matters. On a normal day, probably it wouldn’t. But in such scenarios where like, like, let’s say something is crashed in a real world and it takes like certain seconds and an AI agent could take an advantage of it, in a certain level. So how do you ensure that it is protected? 

Marcin: Yeah, that’s a really good question. So it depends on the data that we deliver because some of the data changes infrequently, meaning for example only once a day. So if you tokenize a Treasury bill, a change in the value is happening only every 24 hours. So it doesn’t matter that you’re going to update it more frequently because it’s not going to change. But when you’re talking about stock market, like a stocks or gold, yeah, commodities,everything that is very fluctuating a lot, then we create bespoke solutions.

So to give you a tangible example, this Monday MegaETH launched their mainnet and RedStone is the official oracle with our Bolt. And this is fascinating. MegaETH has a single sequencer that is processing every block every 10 milliseconds.

And we co-located our nodes next to MegaETH when it comes to location. So it’s literally the same building that both of them are located to minimize the latency. Because even if you put one and the other away for just 100 km and then the further you go, the data transmission time is simply giving this additional latency. to ensure that everything works without any problem.

We co-located the data center together with their sequencer and we deliver data to every single block. So in that regard the AI bots don’t have any opportunity even to arbitrage or try to attack that system because every block is the fastest that you can go.

Hardik: Yeah. So your approach is that each block, whenever it produces, you are matching that second. So any arbitrage doesn’t really have an opportunity to broadcast the transaction before the feed is updated.

Marcin: Exactly. And it’s every 10 milliseconds. So at every second there are 100 updates. So it’s very, very fast. 

Hardik: That’s wonderful. So now I have a question regarding funds that are linked to your oracle firm. So RedStone is now an oracle for funds like Blackrock Build and Apollo ACRED. So what changes when TradFi grade assets depend on this on-chain price truth and when you’re dealing with such giant funds? 

Marcin: So first listeners have to understand that BlackRock is the largest hedge fund in the world. They have over $10 trillion of assets under management. So they are absolutely the top one player globally. They decided to use RedStone as the primary oracle. And when they were doing their due diligence, I can tell you a funny story, that was the most rigorous process I’ve ever seen in my life.

So they looked into the code, they looked into the profile of the founders, they looked into the team. They absolutely checked everything because one thing they care about is their reputation. And making sure that they work with partners that they can trust. So whenever we create a solution for those kinds of institutional players, we always try one to meet in person to break the barrier like of the just online meeting, to showcase them, previous case studies where we empowered our clients.

And also every month that we operate without any manipulation or downtime, they’re just only growing more and more confidence into our competitors that we have grown over time. 

Hardik: So when you’re dealing with such a giant fund, what exactly is the approach of RedStone Oracles? What exactly do you aim for? Do you aim for partnering up for certain growth or do you aim for any monetary advantages for RedStone?

Marcin: Yeah, so it really depends deal by deal. Of course those contracts are under NDA but they are interesting ones I can tell you. What we usually deliver for those funds is we take data from the fund admin, that is the administrator of a particular investment strategy.

We ensure that we deliver data on-chain according to their deviation threshold, which is the percentage difference between last update and new available price and the time interval. So for example every hour, and whenever we do so we also verify that the data that they delivered has no problem with fat fingers.

And to give you a very tangible example, December last year 2025 Paxos minted $300 trillion of PayPal USD, which is double the global GDP economy. And they did it only for half an hour and they burned it. This is a great example of traditional finance system being able to do just like a fat finger like a mistake in human error.

And then we as an oracle have to detect that and prevent it from being updated on-chain. Because if we update that kind of information on-chain that the price for example collapsed 50% and that was just a human error, then we are going to cause cascading liquidations. So many of the protocols would have to liquidate the positions. 

Hardik: And you have a system that detect this anomalies particularly.

Marcin: Exactly. 

If you see that, it’s a funny story. When gold and silver in the past two weeks was so volatile, like you know, 20% every two days. It was absolutely insane. Our AI detection system was telling us this is an anomaly and then we had to manually accept it like no, no, actually this is how the market. 

Hardik: Yeah. So that’s really nice to know. At a certain event when there are anomalies, you have human interventions there. So it totally does make sense that in scenarios that you have to communicate with the oracle in a certain way to make sure that only the truth is being uploaded on-chain. 

Marcin: Exactly, because at the end of the day we care the most about the trust that our clients give us and to ensure that everything works according to the book.

Hardik: All right, so my next question is what’s the biggest misconception builders and regulators have today about oracle risk? 

Marcin: Yes, I think the biggest misconception is that if you make an oracle mistake you can just roll it back and then everything is going to be fine.

No, like oracles and smart contracts are definitive. So if an oracle delivers a bad price, as I mentioned, for example, 50% discount towards the reality, the liquidation cascade is just going to happen and then the whole milk is spilt and you have a big problem.

So that’s the reason we always have those three layers, at least of redundancy in our system and delivery, and at least two people no matter what hour at which time zone. There’s always two people on, on the watch to observe the system. No matter whether it’s Christmas New Year or any Chinese New Year, Anything, anything else, there’s always someone on watch to ensure in case that kind of an event happens. We can actually like take a look, monitor and then either deliver the data on-chain, if that’s true, or backstop that before actually something very bad happens.

The second misconception is that people don’t understand how our token works and tokenomics. So RedStone has a RED token, which is the one that helps data providers, providers ensure that they are delivering the highest fidelity and quality of the information. So it works very similar to Ethereum staking. Data providers have to stake RED tokens and then in case they deliver fraudulent data or incorrect data they are being slashed. So this whole economics just incentivizes them to make sure that they are up to the highest standard in terms of the quality.

So this is like the second misconception. 

Hardik: I have two follow up questions for that. First one is that do you think that it’s practically you know okay to just have two people sitting for managing such huge funds, like you just said earlier that there’s like $8 billion at risk if something goes wrong with their RedStone. So do you think it’s okay and to just have two people checking everything for that? I think I wanted to know what exactly you are aiming for? Like are two people sufficient for this? 

Marcin: No, like day to day there are more people that are taking care of the system, but naturally the whole company cannot operate non-stop. Like on Christmas days or other holidays, we just have to have sufficient standards and procedures if something goes wrong. So those two people are more like guardians, in case something bad is happening in these moments of lower availability, and we have a specific internal system. I cannot say exactly how it works. 

Hardik: Because it’s a security confidence. 

Marcin: Yeah, but we have a system that alerts the other engineers in our team and then they jump into the solution, like whatever is needed to be delivered. 

Hardik: The other question I have is about what you said, that your tokens get slashed if they provide fraudulent data. So is it like the majority of the token is handled by RedStone Oracles? Because if too much of the tokens get out then potentially the governance could be at risk. If there is like let’s say 60, 70%, somebody just takes that. Because see the amount of money that’s being protected, it needs to be equivalent to at a certain level to the amount that is in the governance.

Because if, let’s say the market cap of the total token gets to a point where people can afford to actually own more than 60, 70%, then a certain tax could happen. So how do you prevent that? Do you personally hold or RedStone Oracle hold a large amount of tokens that could actually make sure that that doesn’t happen? How are you managing that? 

Marcin: This is a very relevant question for crypto in general. Like how to ensure this crypto economic security makes sense. That’s one of the reasons we also run AVS on EigenCloud. So we have an AVS where people can also deposit other funds than RED token, for example, Eigen token or ETH any if to help protect the whole system.

But to your point, right now we have over 20 node operators, so they cannot collude with each other. And we also have reserves in our association to protect against that critical aspect or attack. But so far we have seen nothing that there would be anything close to that being feasible.

Our token would have to truly tank to a very low level, for that to be economically feasible, or like profitable, I would say in general. And as RED token, we also try to ensure it’s very well intertwined with our ecosystem.

So yeah, we distributed that to Binance, Upbit, Kraken, and Coinbase. So it’s available on many of the exchanges. And also within the tokenomics that we are creating, it plays an essential part. So it’s not that the token is just left behind. No, like we constantly operate our business, the tokens at the center, so we do not allow this kind of situation to happen.

Hardik: Do you expect, you know, in case of oracle failures in RWA? I wanted to know what exactly it would look like in a hypothetical scenario. Would it be like a hack or like a slow or legally messy mismatch between on-chain and off-chain truth? 

Marcin: I believe there are two major possibilities. One is that the data source from which you are getting the data has a glitch.

So something is happening not according to the book when it comes to the methodology or the sourcing of the data. Then for that, as I mentioned, we have this AI system that detects those anomalies. And then we decide whether it’s like the actual happening on the market, like as we were discussing gold and silver, or if it’s something like that is totally outside of the book.

The second area is hacks. So people trying to for example, get forced into our architecture or try to phish email or do some other social engineering hack. For that we also have very strict procedures to ensure that nothing like this would ever interfere in what we are operating with.

One of our founders, Jacob, used to be a smart contract auditor with OpenZeppelin, one of the respected companies. So security in our company is absolutely number one priority. Whenever we write a new strategy every year, security stays as the number one. So on that front I’m, I’m very confident.

Hardik: That’s relieving to hear. Now I have a question about the data that you guys see. So from the data you see is how does the APAC institutional behavior around tokenized assets differ from the US and Euro? How does that differ?

Marcin: Yeah. So one interesting aspect is that the US Dollar is the currency that rules the world. Like, everything is denominated in USD. But APAC countries are many of the times utilizing their own currencies.

Like, we’re in Hong Kong, here is Hong Kong dollar dollar, in Singapore, it’s Singaporean dollar, and so on, so forth. So naturally there is always this FX risk. Recently, the US dollar has also been pretty volatile when it comes to the exchange rate. So whenever something is tokenized in, Middle East or even Europe, you always have to take into consideration the FX changes and FX risk.

The second area is Asia sometimes seems to follow what the US is delivering. So sometimes first someone in the US has to create a use case, and then many of the Asian players try to, also go and hop on that bandwagon.

So this is one of the aspects that we want to support. Like, I had a couple of very interesting meetings with institutions here in Hong Kong, and they are asking us about our experiences working with BlackRock, with Apollo, with Securitize. And we try to convey their knowledge and help them bootstrap some of those use cases.

One thing that I really like about Asians is that whenever we agree to something, something like, you know, we properly, like, say, okay, we do that project, many of the times it’s actually being delivered end to end. Whereas with some of the Western partners on the way, sometimes we figure out like, oh, maybe we should change something or whatsoever.

So maybe that’s a subjective opinion of mine. That over here, it’s just once you agree on something, it’s easier to deliver it to the finish line. 

Hardik: So what’s one assumption Western builders constantly get wrong when designing products for Asian institutional capital? What do they get wrong in your experience? 

Marcin: I think it is neglecting any kind of adjustments for particular countries. So people say Asia or APAC, but those are like very big regions that are actually differentiating between each other. 

I’ve been to Korea last year for KBW, Token 2049 in Singapore. Now we are in Hong Kong. Been to Dubai, coming to India later this year for Devcon. All of those countries, let’s say, have some similarities, but in fact they have a lot of differences. So what I highly recommend to anyone is to actually meet in person and try to ask as many questions as possible to the counterparty to make sure that in your logic that you have from US or European market, you’re not replicating anything that will not work for this particular region.

Hardik: Right, so your approach is that you know, you want people to be, you know, meet in person and clear it out. 

Marcin: Yes, exactly. Create this line of trust also with the party that you are essentially like creating business with. 

Hardik: That’s good. Okay, recent prediction market traits have raised many questions about manipulation and information asymmetry. What structural weaknesses do these events expose?

Marcin: Prediction markets have grown very fast in a short time over the past couple, maybe 12 months. Right now there are two biggest platforms, Polymarket and Kalshi, with some of the other contenders also trying to play a meaningful role on the market.

I believe one of the big risks is actually oracle risk. In the Kalshi model they do not use any oracle because they are a centralized system that does not live on-chain. Within Polymarket, the attack that you explained on UMA is actually something very possible.So people can buy UMA tokens on the market and then try to vote. 

I’m not a big fan of that model. In my opinion, prediction markets should be set up in a way that it’s very robust and according to APIs and public information.

So right now I cannot disclose which partners, but we are working on a solution where in example we aggregate data from free public institution information outlets. So imagine Bloomberg, Financial Times, and the New York Post about the specific event.

And then if all three are delivering the same result, we resolve the market according to the rules and if one of them diverges from the two others then we have like second order procedures to analyze whether this is the actual outcome that should be over there or not. Right. So there is no way for anyone to just buy a token from the market and try to skew it one  way or the other.

Hardik: Is it going to be like UMA or it’s in a, in a way, in an operational way?

Marcin: No, it’s not going to be in an operational way that there is not going to be token voting because with UMA you vote with tokens. And this is where people can actually try to manipulate the market.

It’s going to be way more like Bloomberg. So like a more centralized party that is just trusted and delivers the data according to the rules and anyone can appeal to that data. So if someone believes it has been tampered with, manipulated or resolved incorrectly, anyone can submit an appeal and then review it case by case.

It’s going to be a more centralized approach because prediction markets like Kashi are fully centralized. Polymarket is somewhat decentralized on the UMA side but they get a hit by that because people can actually skew the result.

Hardik: It’s becoming the vulnerability, being decentralized. 

Marcin: Exactly. I believe being centralized on-chain is something that sometimes just works. And in prediction markets for example being on-chain allows you distribution. So people all over the world can play like, and can take participation.

But there is a centralized entity that is responsible for making sure the markets resolve accurately. Because if it’s a decentralized system then who is responsible? 

Hardik: Do you think what DeFi infrastructure provides will inevitably have to accept even if they are resisting today? So this is about compliance of what exactly needs to be accepted by DeFi that they’re trying to resist today. 

Marcin: Yeah, it’s a tough one because many of the people in crypto are trying to preach still to the ethos of full decentralization and anonymity.

But it’s not necessarily always the case that it’s possible. I believe KYC is something we have to embrace; not with every case, with every use case. But if we want to go for example for under collateralized loans or similar use cases, it’s simply necessary that you understand who the other party is that is interacting with your protocol or like your financial application. So I believe this KYC and people shouldn’t be afraid because KYC is also not like revealing all your information. There can be like ZK Passport or some other ZK solutions 

Limit the information that you’re sharing with the other party. So I believe this is one and the other one is not know anymore people that are doing crypto projects on Twitter. So founders need to be open and transparent. Because people have been rocked too many times and they just require this trust layer of understanding like who is actually building the project. 

Hardik: Do you see a future where oracle providers carry explicit legal liability or, or does that fundamentally break DeFi?

Marcin: No, definitely. I see that future. I believe it’s already present. So some of the contracts that we are signing we are providing SLA, service level agreement, and ensuring that it’s according to the highest standard and it’s inevitable road. If we want to work with institutions there is no way they’re going to interact with anyone without a proper contract because this is just how business is operated in the regular world and we have to adjust to that and we shouldn’t be afraid of it.

This is how you mature as an industry. And I believe it’s also very needed that as we progress in defi and crypto we see new primitives going on-chain that are very known. First we saw transfers so people were sending stablecoins to each other which is cheaper and more accessible than it is in regular finance.

Then we saw decentralized exchanges so people are swapping coins and essentially assets lending markets, Perpetual Dexs now with Credora. Recently we acquired a company called Credora doing defi risk ratings. So it’s another primitive that is very known and we bring it on-chain and as we progress we are just going to see.

That’s one of the reasons I call it not anymore that much DeFi rather on-chain finance because it’s just finance. All the concepts that are good from traditional finance brought on chain for efficiency, composability and accessibility for the whole world. 

Hardik: So do you vow for taking legal liabilities for inaccurate data or if something bad happens? Are ready to take the legal liabilities? 

Marcin: Yeah. Like if something bad happens we have contracts with our clients that have specific clauses taking us liable for either the damage or reparation or like essentially making sure that we resolve the issue that has happened over there depending on what kind of glitch it is.

Because for example if the glitch is on the data provider side, maybe it’s not us to be actually deemed responsible or maybe if it’s on the protocol side, not like on the Oracle, maybe someone else is actually liable. But yes, this is like how you operate the business. 

Hardik: You’re taking a liability and that’s something that people want to hear when they’re interacting with something like oracle.

So, five years from now, what part of DeFi infrastructure will look shockingly under engineered? What do you think that is not being you know, aimed right now? After five years what part of DeFi do you think that is still going to be under engineered? 

Marcin: Oh, from now on? 

I believe in five years we are going to be like almost on the moon.

Like remember what was five years ago? It was 2021, DeFi summer. We’ve seen a lot of innovation. The really bad things that happened were FTX, Celsius, and Voyager. So all of those collapses slowed our industry down. But I believe the progress we’ve done for the past five years is enormous. 

And in five years it’s very hard for me to think of a primitive that is going to be underdeveloped right now. I think one of the issues we have to solve in the next five years is actually abstracting away crypto from regular users.

So as I was alluring previously the general public doesn’t want to understand gas, don’t want to set up a wallet. They just want to go to the app they are friendly with, let’s call it WhatsApp, Revolut, Telegram, and so on. And they just want to interact with crypto as if they were interacting with web app or like internet.

Hardik: So it needs to be hidden under a different face. They’re interacting with it, but they don’t want to know or understand it. 

Marcin: Exactly. And I think this is the path because then the regular users like the mainstream is going to interact like this and people who actually won’t own their keys do the self-custody and take all the goods that blockchain gives you can still do it that way. Right. So it’s more like we’ve created fantastic, fundamental and then we have to create wrappers for the mainstream to come on, come in. But not everyone has to use that kind of abstraction layer in the wrapper because if you want to do it at a lower level everyone is welcome to.

Hardik: Can you explain how RedStone Oracles is different from Chainlink? 

Marcin: So the most fundamental difference is that Chainlink is a monolithic architecture, whereas RedStone has a very modular design. We distilled four major modules that are able to be tweaked according to the needs and thanks to that we are more scalable.

Right now RedStone operates at over 110 chains, whereas chainlink is present only at a bit above 20. We already provide price feeds for over 13,000 tickers. Whereas Chainlink, I don’t know exactly what it is, but it’s like a magnitude lower.

So as on-chain finance is actually like dominating every part of the business and institutions are coming on-chain. You need this flexibility and scalability and this is this one promise that RedStone is always delivering within the security measures. Because Chainlink has already had some single hiccups, smaller ones but still. And RedStone is the only one that has never ever had a single price manipulation on downtime event. 

Hardik: If somebody wants to use the data from RedStone Oracles, if they consider the cost-effective way, would it be cheaper to get data from RedStone Oracles or from maybe a centralized provider or from Chainlink?

Marcin: It really depends on the use case. In general there is not a single use case where Chainlink is going to offer like a better price and affordability than us because of this design.

So our cost structure is simply lower than Chainlink. So we can always offer a better deal because the cost is like just not stopping us from offering something at a more affordable price. When it comes to going to a centralized provider, usually with us it’s just more secure and short because with other providers sometimes you can expect SLAs that are of a lower quality or maybe they are not taking the liability or responsibility for any kind of like mistake that they’re taking.

Hardik: So yeah, so centralized may be cheaper but not reliable. 

Marcin: Yeah, exactly right. 

Hardik: Marcin, I just want you to tell our audience something. I mean you see the crypto audience are mostly people who trade or somebody who has invested in a way in crypto or are connected in crypto. So from your position, what advice would you like to give to them? 

Marcin: Yeah, that’s a great question. And I would say first education is the most important. I would try to map out the most important categories in crypto and learn them one by one. So for example how blockchain works, oracles, bridges, decentralized exchanges, wallets, even NFTs.

Do it, do it like in a very structured way, not like one day learning everything because then retention is very low. I would say finding a plan of, let’s call it two months of education to have very solid fundamentals of all the major primitives and then interacting more and more with protocols.

So setting up a wallet and then for example setting aside something simple, $20 going to Morpho, going to Pendle, playing around, trying to get some experience before like going with more like more exposure to those kind of aspects.

Understand risk and this is where Credora comes in very handy. So Credora allows you to assess the risk of strategies between D to A. So with a simple ladder you know whether a strategy is of a higher risk with D for example or lower risk with an A.

If you go to Morpho you can already access that essentially like for assets and vaults. And last but not least, I do believe infrastructure right now is underappreciated. So learn a bit more about RedStone LayerZero, Chainlink as well and all the other providers that enable DeFi and on-chain finance because maybe I would close with that one.

Chainlink has done a lot of good work in the industry. It’s not that we want to go get them and like competition. Oracles are like a huge market and there are only probably like two or three oracles that matter right now. Yeah, exactly. And we want to just, just grow the pie and expand in general.

And I believe Oracles is a very under-appreciated piece of infrastructure right now. 

Hardik: And you know we have seen a lot of Oracles come and go and some of the oracles were mainly focused on their token price. So it’s very good to see that you are aiming for entirely different things.

It was really nice talking to you Marcin. Thank you so much for joining us today and thank you so much for your useful and you know, knowledgeable insights.