The day before yesterday, another DeFi project caused a data leak scandal, with users' wallet addresses and transaction patterns being sold on the dark web. When I saw this news, I started thinking about a very painful question: how do the internal management of data in oracle networks that provide data support actually work?



Today, let's put aside those complex technical concepts and break down in plain language the approach of a leading oracle project regarding privacy handling. You will find that data compliance and privacy protection are becoming key competitive advantages in the next-generation Web3 infrastructure.

First, let's clarify the core point: any handling of your personal data by such projects must be supported by legal grounds. This is not empty talk; specifically, there are six legitimate scenarios—none can be missing.

**First: Your explicit consent**
This is the simplest and most fragile type. Like the checkboxes for "I agree to the terms" when registering—honestly, how many people actually read them? In the Web3 world, this approach is even more covert. The key point here is: your consent must be specific and explicit, informed, and can be withdrawn at any time. If an oracle project wants to collect data, theoretically, they must make it clear to you what they want and what they will do with it.

**Second: Necessary for completing the service**
This is the most common situation. When you call an oracle data service, the project needs to process basic information like your request address and gas fees to complete the service. For example, like ordering takeout—delivery platforms must know your address to deliver. But there's a nuance: only collect necessary data; don't take more than needed.

**Third: Legal obligation**
Regulatory authorities come with legal documents demanding data, and the project must cooperate. This is unavoidable in any jurisdiction.
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StableBoivip
· 6h ago
Another dark web data dealer celebration, this time it's DeFi's turn. Are oracles really reliable? It feels like Web3 has no real privacy, it's all fake. I never click the agree box anyway, no one is watching. The six legitimate scenarios sound nice, but in reality, they're still being sold. Wallet address leaks, to put it plainly, mean everyone is watching you.
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Tokenomics911vip
· 6h ago
Here we go again, feeling like all projects are just talk and no action. Who the hell is really protecting privacy?
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OneBlockAtATimevip
· 6h ago
Another data breach, so damn annoying. Oracles and these things just feel unreliable. I get pissed off every time I see dark web listings selling wallet addresses. Why is no one regulating this? Who has read the bunch of terms and conditions? Anyway, I haven't read them. Six scenarios sound very professional, but in reality, no one cares about privacy. Those top projects talk about compliance, but who knows what they really think? They say they'll cooperate when legal documents arrive? By then, the data will have been sold five times already.
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WinterWarmthCatvip
· 6h ago
Another data breach, really got me scared. Oracles need to be properly regulated, or who would dare to use them? Wallet addresses can be sold on the dark web, what are we even playing Web3 for? Doing compliance well is the real moat; otherwise, no matter how awesome a project is, it's just a paper tiger. Who the hell reads the consent box... it's just a quick check, but you definitely need to clearly tell users what you're doing with their data. Claiming to only collect necessary data is the most ridiculous. Sounds good, but how many projects actually do it? I don't believe it anyway. When regulators come, you have to hand over data, there's no way around it. But in normal times, how many projects are secretly reselling user information? The idea that privacy protection becomes a core competitive advantage is correct, but only if someone truly takes it seriously.
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