"Oracle" TAG

Recently, new entrants to the decentralized oracle sector, such as Tellor, have diversified users’ and applications’ options for incorporating external data on-chain. While Chainlink pioneered the original decentralized oracle model and remains a prolific data provider, there has remained the need for an application-specific approach to oracle design, highlighting the potential benefits to certain use...

Last October, the Smith + Crown research team published a report on blockchain oracles and the merit of pseudonymizing decentralized oracle networks. Building on recent commentary from OracleSwap’s Eric Falkenstein, this dispatch revisits issues of oracle obfuscation and decentralization with a new emphasis on efficiency and necessity thereof. Decentralization drives both the sentiment and technical architecture...

The following graphic shows the usage of various oracle types by Smith + Crown’s ‘Signal’ projects. Platforms that host dApps utilizing oracles but have no direct involvement with oracles, such as Ethereum, are not considered to be using oracles; however, smart contract platforms that have, themselves, taken steps to integrate oracle systems into their protocols...