Efficient Oracles
Review
Pros & Cons
Key Benefits
SupraOracles uses a new protocol for its oracle network to run smoothly, even when market prices are stable.
Safety Measures
The large number of oracles ensures the network is both safe and always up and running.
Byzantine Resilience
The design lets each node check many data points, so it can handle wrong information from several sources.
Fallback Option
If the main system fails, there's a backup to keep things going, ensuring no stoppages.
Node Tolerance
Simulations show the network can handle up to half its nodes acting incorrectly without failing.
Scalable Efficiency
The oracle network is built to work better and grow bigger easily.
Red Flags
Data Glitches
If data feeds glitch, it can throw off the oracles, as they might get wrong information.
Single Data Risk
Relying too much on one data source can create a weak spot that could bring down the network.
Hacking Threats
Hackers could target the network, and the spread of harmful software is a big risk.
Network Size
A smaller oracle network is easier to attack, making it more vulnerable than a larger one.