mirror of
https://github.com/autistic-symposium/blockchains-security-toolkit.git
synced 2025-06-07 06:22:46 -04:00
🧇 Add info on oracles
This commit is contained in:
parent
cdf36c080b
commit
b9f18b1317
1 changed files with 23 additions and 0 deletions
23
Oracles/README.md
Normal file
23
Oracles/README.md
Normal file
|
@ -0,0 +1,23 @@
|
|||
## Oracles
|
||||
|
||||
<br>
|
||||
|
||||
|
||||
* Oracles provide a trustless way of getting extrinsic (off-chain) information.
|
||||
* They provide the some key functions such as collect data from an off-chain source, transfer the data on-chain with a signed message, and make the data available by putting it in a smart contract’s storage.
|
||||
|
||||
|
||||
<br>
|
||||
|
||||
### ChainLink
|
||||
|
||||
|
||||
A decentralized oracle network consisting of three key smart contracts:
|
||||
|
||||
* a reputation contract: keep track of data providers' performance.
|
||||
* an order-matching contract: selects bids from oracles using the reputation contract.
|
||||
* an aggregation contract—and an off-chain registry of data providers.
|
||||
|
||||
|
||||
One of the main challenges with such a decentralized approach is the formulation of the aggregation function.
|
||||
ChainLink proposes calculating a weighted response, allowing a validity score to be reported for each oracle response.
|
Loading…
Add table
Add a link
Reference in a new issue