ADAMoracle blockchain oracle wide-area node mechanism on-chain data security

ADAMoracle blockchain oracle wide-area node mechanism on-chain data security.
After a data or event outside the chain is sent to the chain in the form of a transaction through the oracle machine, it becomes a deterministic input and can be referenced by the smart contract. This solves the problem of on-chain and off-chain data interaction, which will bring subversive development to the blockchain, and accelerate application landing and ecological construction and development.
Then ADAMoracle may become an important part of it, because the oracle machine realizes the data interaction between the blockchain, the Internet, and the real world, and the oracle machine can provide a large number of reliable off-chain data feedback, various APIs, and traditional payment information. More directly, the blockchain must transmit off-chain data through oracles.
The oracle machine provides a trustless way to provide external information, and builds a bridge between smart contracts and the external real world, such as providing football match results, weather data, asset prices and even certain data sources such as individuals ID. Whether the external information source provided by the oracle machine is credible is very critical. Untrusted data sources and objective facts that lack verification cannot be provided to smart contracts at will, otherwise they cannot be verified when written into the blockchain ledger.
The blockchain is a trust machine, but with the emergence of smart contracts, the tentacles of the blockchain and its extension to the real world, how to ensure that the real application is still credible after being uploaded to the chain, the oracle machine is the key link, how to make the blockchain In real applications, the value of "trust machine" can also be brought into play, and the oracle machine is an inescapable function.
ADAMoracle oracles calculate and verify price feeds by connecting multiple nodes, thereby avoiding a single point of failure: two-way price feeds and price verification can prevent ADAMoracle from suffering related damage and further losses to customers; ADAMoracle can be connected to multiple nodes through global nodes. Various types of servers become bidders and verifiers, and participate in the price generation of oracle machines. Members can participate in the future development of ADAMoracle;
with the expansion of the user base of DeFi and other public chain applications, decentralized oracle machines will become a necessary infrastructure , and the application of cross-oracle machines is a major trend in improving the security of data sources.

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Origin blog.csdn.net/FANQUANKEJI/article/details/123399622