mev-toolkit/oracles/chainlink.md
dr. mia von steinkirch, phd 58375d1670
Update chainlink.md
2023-02-07 19:15:59 -08:00

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## chainlink
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### tl; dr
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* 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.
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### resources