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mev-toolkit/oracles/chainlink.md
Dr. Mia von Steinkirch 4f63304c90
🥮 add chainlink
2022-10-19 20:14:26 -07:00

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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.