BOSCore announced BOS Oracle
BOSCore developers recently announced the BOS Oracle. This is a service that provides verified external data for DApp smart contracts deployed on the BOS blockchain. In this way, developers will be able to create dApps that can interact with external data from the blockchain, and provide a richer user experience for a wide range of consumer applications.
Their Oracle service is based on 3 kinds of participants, whose functions balance each other to align incentives and create a trustless and fair system.
- Data Providers: Providing data or services
- Data Users: Consuming data
- Arbitrators: Dispute resolution
Each participant is accessed, incentivized and judged independently and the robust credibility of multiple participants contributes to the fairness of the system.
Sources:
Suggested News
Galaxy EOS VC Invests in Hour One, AI-driven Chars Generator
Galaxy EOS VC concluded a new investment in Hour One, a firm that creates AI-driven high-quality digital characters bas...
Dan Larimer key topics at Blocksburg Summit
Virginia Tech recently organized the Blocksburg Summit 2019, an event which brought blockchain thought leaders from aro...
