In a short span of 6 months, Outscal’s game development program helped me excel in my career and crack into one of the top gaming companies in India. ... One of the few game development programs in the country that actually delivers the promised results. ... Outscal has taught me a lot, due ...

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They provide them with content, mentorship, guidance, and networking to help them learn more about the games industry while building a global community to make connections happen. Companies that hire candidates from Outscal include Ubisoft, Zynga, Rockstar Games, Sumo Digital, and Nazara to ...

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Outscal Technologies Private Limited, established in 2019, is engaged in the Education &amp; Learing sector in West Delhi. Explore their Corporate Structure, Financials, and More.

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Answer (1 of 2): I haven&#x27;t studied at outscal but have been with similar companies. Most of them are fraud and they only care about money. Before joining it just think for a while even if they do not give you any job you&#x27;ll still need to pay them if you get a job above 5 L during 6.5 years. And 6...

What is the review of Outscal training programs? - Quora

Our mission at Outscal (https://linktr.ee/Outscal) is to support professionals and founders working in the games industry globally. We do this by investing in talent and helping them acquire the skills needed to succeed in the games industry. We provide them with content, mentorship, guidance, ...

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Answer: Outscal, Udemy, Youtube are for basics. Game development is a team work, you need to learn from others a lot which you cant learn in online courses. I’d recommend you to take online courses for basics, then go for free training {most game dev companies provide} after 12 months of traini...

Sir, what do you think about Outscal which provides game development ...

Learn essential programming skills and advance your career with Outscal Academy&#x27;s online courses. Our courses cover game development, design patterns, code architecture, data structures and algorithms, and more. You&#x27;ll learn from industry experts and gain hands-on experience with real-world ...

Outscal is hiring! See 9 jobs in August 2022! Apply to the latest jobs with a single profile and get in touch with hiring managers directly. Learn about salary, equity, work-life balance, perks, benefits, and company culture!

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In the presentation below, Niklas Kunkel, Oracle Core Unit Facilitator at MakerDAO, talks about the role that oracles play in bridging real world assets on-chain. https://youtu.be/rFv4FWMtlRE?embedable=true Below are further explanations of key points highlighted during his talk. Introduction to MakerDAO & Stablecoins MakerDAO is a decentralized autonomous organization (DAO) that guides the development of the Maker protocol. The Maker protocol is built on Ethereum and makes use of smart contracts to generate and maintain their stablecoin, Dai. Stablecoins are cryptocurrencies that maintain a stable value by being pegged to other stable assets or by using algorithms. Stablecoins generally fall into the following categories; Stablecoins that are backed 1:1 by one or more currencies such as the US dollar and Euro. Oneexample of a fiat-backed stablecoin is . Fiat-backed: USDT Stablecoins that are backed by other cryptocurrencies like Ether (ETH). Since cryptocurrencies are more volatile than fiat currency, crypto-backed stablecoins are usually overcollateralized. This means that instead of being backed 1:1, the amount in reserves would be higher than the value of the stablecoins in circulation. Crypto-backed stablecoins are issued on-chain using smart contracts. is an example of a crypto-backed stablecoin. Crypto-backed: Dai Stablecoins that are backed 1:1 by physical commodities such as gold. is an example of a commodity-backed stablecoin. Commodity-backed: Paxos Gold Stablecoins that make use of algorithms to manage the circulating supply based on market prices. is one example of an algorithmic stablecoin. Algorithmic: Ampleforth According to Niklas, the Maker team developed one of the first oracles on Ethereum. Back in 2014 when they were developing the protocol, there were no oracle solutions available that suited their needs. The team decided to build their own oracle with the intention of switching to another service later on. However, nothing suitable was ever developed and MakerDAO still uses their own oracle today. Niklas is currently responsible for leading the oracle unit of the Maker protocol. DeFi, DEXs & CEXs Decentralized Finance (DeFi) has faced unprecedented growth over the last 2 years. As a result, Decentralized Exchanges (DEXs) have also seen a surge in the amount of usage, with volumes now with centralized exchanges (CEXs) like Coinbase. competing DEXs are peer-to-peer marketplaces built on chain that enable the permissionless trading of assets. This is done by creating liquidity pools and incentivizing users to deposit assets to these pools through a process called yield farming. refers to the process where users deposit cryptocurrency assets into liquidity pools in exchange for trading fees. Assets are automatically swapped between traders and liquidity pools using smart contracts. While CEXs have Order Books that match bids to asks, Automated Market Makers, AMMs, are essential to  DEXs like Uniswap or Curve, acting as the mechanism that sets the price of tokens in a liquidity pool. Yield farming Hyperreflexivity of DeFi In his presentation, Niklas describes DeFi as being “hyperreflexive” in nature. He illustrates this point by describing the following scenario; During bull markets, as the price of popular cryptocurrency tokens like Bitcoin and Ethereum go up, the demand for also increases. As a result, the yield that can be earned for lending also goes up in order to incentivize users to provide liquidity for this leverage. This leads to a large amount of capital flowing into DeFi protocols. leverage As more and more users start , the Total Value Locked ( ) on AMMs like and go up. This ends up serving as a positive feedback loop – a higher TVL attracts more and more users to put their capital into the protocol. The inherent problem with this hyperreflexivity is that when asset prices drop, all the feedback loops explained previously that help DeFi thrive go in reverse, and capital flows out just as quickly as it flowed in. yield farming TVL Uniswap Curve Connecting DeFi to the Real World According to Niklas, in order for DeFi to grow beyond this hyperreflexive bubble, it must be connected to the real world. There are over 100 trillion dollars worth of assets in the traditional financial (TradFi) system versus approximately 100 billion dollars worth in DeFi. Even in a bear market, there is a chance that DeFi can continue to grow by absorbing these Real World Assets (RWAs). The growth from that can outscale any negative macroeconomic pressures. Absorbing RWAs into the DeFi ecosystem would also lower overhead costs in traditional markets by minimizing the need for middlemen typically required in traditional finance. According to Niklas, DAI could be a benefactor of this as the most time and stress tested decentralized stablecoin. One problem with connecting RWAs to DeFi is that the majority of these assets are highly illiquid, meaning they are not actively traded on markets. It is also difficult to derive fair market values for these assets. Financial information pertaining to these assets are heavily censored, with limited information available about the relevant counterparties. If the asset originators are the only source of the data, there is a moral hazard involved as they would be incentivized to report market data that benefits themselves. Implementing RWA oracles In the framework prescribed by Niklas, in order to implement RWA oracles, 3 main players are required – The asset originator, an auditor and the data consumer, who is the ultimate end user consuming the oracle data. Asset originators should submit underlying data on the asset, and not the price. They should not be setting the price of an asset themselves. Rather, they should be submitting data that can be utilized to derive a fair price.  Asset originators are incentivized to provide valid data because an auditor is going to check that this data is correct. If the auditor concludes otherwise, the asset originator can get their credit ratings slashed. Nevertheless, asset originators are assumed to be adversarial and will try to obtain an edge where possible. The role of an auditor is to validate that the data supplied by the asset originator is legitimate. The data consumer will define a data model for how prices should be derived. Auditors then validate the data inputs provided by the asset originator, and plug these inputs into the aforementioned data model. In this model, it is important to note that it is the data consumer who is paying the auditor for their services. The auditor and the asset originator cannot be morally aligned, or aligned in any business sense. A good counterexample would be this from ‘The Big Short’, where the ‘asset originator’ is the one giving business to the ‘auditor’, incentivizing the auditor to fake the validity of the data inputs. scene MakerDAO & RWA Maker has begun the absorption of RWAs into the DeFi ecosystem through a series of partnerships stated below: – MakerDAO is helping to provide short term mortgages for people who want to buy and sell homes quickly for a profit. New silver – Credit tenant lease financing. MakerDAO provides capital, so 6S Capital can finance the construction of buildings when they have guaranteed tenants. 6S Capital – A financier which allows MakerDAO to divert USDC on their balance sheet into US treasuries. US treasuries are extremely liquid, resulting in higher yields with lower risks involved. Monetalis – Covered bonds backed by home loans. Forge wants to 40 million Euros worth of bonds, proposing a 30 million DAI debt facility. Societe Generale (Forge) finance In the current crypto market, there are many who believe that there is a lot of value to be extracted from traditional markets which could help offset some of the revenue lost from crypto. While embracing RWAs could help protocols like Maker maintain its position as a leading DeFi protocol despite market conditions, there is still some concern over the centralized aspect of traditional assets. In his interview with , manager of Real World Assets at MakerDAO, TJ Ragsdale, explained that “the goal is really to take advantage of all the value that lives out there in the real world, and as Maker — with our unique position in the market, build in transparency and determinism that we all love about crypto into those traditional systems.” Blockworks The Blockchain Oracle Summit was the world’s first conference to fully focus on the importance of oracles and the potential value they bring to DeFi and beyond. Leading oracle experts from around the world gathered in Berlin to take deep-dives into their work. Find out more about MakerDAO: MakerDAO Documentation MakerDAO Twitter MakerDAO Discord MakerDAO Youtube Niklas Kunkel Twitter Niklas Kunkel Github

How Oracles Act a Catalyst in Bridging Real World Assets On-Chain

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All About Blockchain Bridges What Are Blockchain Bridges? As a refresher, blockchain bridges are a technology platform, channel, route, or medium that connects two blockchain ecosystems with the purpose of allowing the two sides to communicate information as well as transfer digital items such as data, cryptocurrencies, and other blockchain-based token assets. Exploring The Concept Cryptocurrencies, blockchains, and Web3 can be broken down into specific segments and industries such as DeFi, smart contract platforms, currencies, stablecoins, interoperability, infrastructure, layer-2s, and . bridges Bridges, in particular, are often underreported and talked about with hesitancy as they’re a complicated concept riddled with controversy. However, blockchain bridges are a necessity in moving the Web3 industry forward. This is because the demand and use cases for blockchain bridges have increased as the number of blockchain protocols has increased and with that the amount of data, assets, and tokens being exchanged on certain blockchains across ecosystems. However, in this process, as with all growing industries and technologies, there’s been setbacks regarding the technology, safety, risk, and reliability of bridges in being able to accept the burden of being the ‘transferer’ of cross-chain assets. Why Are Blockchain Bridges Needed? Blockchains need to communicate because developing in a silo is similar to driving down a dead-end road. As the industry grows, as more transactions hop onto the blockchain, as more DApps go live on the blockchain, and as there’s increasing activity happening and more use cases developing, blockchain bridges are needed to bring these functionalities and features to other chains. This is why blockchain bridges are needed i.e., to expand the realm of cross-blockchain functionality. Specifically, blockchain bridges are to facilitate the cross-chain transfer of assets and information, they’re needed to help DApps access the strengths of various blockchains (scalability and speed), they’re needed to help users access new platforms and experiences, and they’re needed to facilitate cross-chain developer collaboration. needed If these four facets of blockchain bridges can be achieved, then this will allow the cryptocurrency, blockchain, and Web3 industries to grow to the next level. What Are The Problems/Risks With Cross-Chain Bridging? It’s not easy to spin up a blockchain, and it’s even more difficult to create mechanisms that make blockchains able to communicate with each other. So far, the perfect bridge has not been created — and currently, there are multiple problems/risks with blockchain bridges. First, is , which occurs when there are bugs in the smart contract code that causes users to lose their funds and for the bridging service to malfunction. smart contract risk An example of this type of cross-chain bridge problem occurred with the which was essentially a result of a vulnerability in the smart contract’s code that allowed the hackers to withdraw users’ BTC and ETH. Nomad Bridge hack Another example is the Wormhole Bridge hack which occurred when a hacker managed to siphon $320 million in wETH because of exploited unpatched Rust contracts in Solana. Second, is — as said before, the technology hasn’t reached near peak development. As a result, there’s been recorded software failures, buggy code, human errors occurring, spam, and malicious attacks. technology risk Two examples of this type of cross-chain bridging risk can be seen in the and the . Ronin Bridge hack Harmony One Horizon Bridge hack Third, is — this problem with cross-chain bridging typically occurs with bridges that are overly centralized or that rely on a powerful intermediary that gets to decide how the service is run or operationalized. censorship risk Fourth, is , which happens when bridge operators collude to steal funds from the bridge. custodial risk Fifth is , which happens when pseudonymous individuals or organizations use cross-chain bridges to facilitate crimes, hacks, and money laundering for nefarious activity. money-laundering and criminal risk is an example of this type of cross-chain bridging issue where nefarious actors take advantage of the decentralized nature of bridges and use them to anonymously launder funds that were either stolen, hacked, or gained through ransom. RenBridge In summary, the above examples and illustrations show the apparent issues and weaknesses of traditional blockchain bridges. Connecting With Other Blockchains Without Using Oracles Blockchain interoperability with other blockchains and the traditional web is still underdeveloped and plagued with technical issues, many layer 1 blockchains have limited smart contract functionality, and blockchains can’t be used for many services outside of the blockchain industry. And besides cross-chain bridging, there’s another way for blockchains to interoperate with other chains i.e., oracles. Chainlink currently dominates the oracle market with a greater than 70% market share. However, this centralization of oracles into one protocol is harmful to achieving a decentralized Web3. What’s needed is a direct blockchain-to-Web2 and blockchain-to-blockchain integration without the use of oracles. But in this regard, only one blockchain is working on this compatibility, the Internet Computer. The Internet Computer is releasing a direct HTTPS Outcall capability for DApps built on its platform. This will allow Internet Computer DApps to access Web2 data, information, and services without needing to rely on oracles. As a result of this functionality, Internet Computer DApps can avoid the aforementioned problems with cross-chain bridges, and instead, keep everything direct on-chain to on-chain.

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