DECO Acquired by Chainlink on August 29, 2020

According to reports from industry media, the privacy-focused oracle protocol DECO was officially acquired by Chainlink on August 29, 2020.DECO is an oracle protocol designed to protect user privacy, leveraging cryptographic technology to enable users to prove facts about their network (TLS) sessions to oracles while safeguarding sensitive data. As a critical infrastructure within the blockchain sector, oracles play a key role in bridging on-chain and off-chain data. Following the acquisition, DECO’s privacy protection capabilities will be deeply integrated into Chainlink’s oracle network, significantly enhancing data privacy across the blockchain ecosystem.This acquisition underscores the blockchain industry's growing emphasis on privacy-preserving technologies. With the rapid expansion of DeFi and other blockchain applications, ensuring both data integrity and user privacy has become a central industry concern. DECO’s integration will further strengthen Chainlink’s leadership in this domain and accelerate the maturation of privacy solutions within the blockchain industry.