Currencies29278
Market Cap$ 2.40T+2.05%
24h Spot Volume$ 47.34B-11.4%
DominanceBTC50.88%-0.90%ETH17.08%-0.64%
ETH Gas13 Gwei
Cryptorank
Open report modalReport issue
Eoracle

Eoracle  

3 Watchlists

Blockchain Infrastructure

Status

Market Data Unavailable

General Info

Description

Eoracle is a decentralized oracle network designed to enhance Ethereum's Proof of Stake system by connecting smart contracts with real-world data.

Airdrop is Live

Status:

Confirmed

Confirmed

Task Type:

Social

View Activity

What is Eoracle?

Eoracle operates as a decentralized oracle network that enhances Ethereum’s Proof of Stake by enabling the secure and transparent connection of off-chain data with Dapps. It works by allowing operators to report, validate, and publish real-world data through a permissionless process. Data is first reported by operators from various sources, then aggregated through customizable schemes to ensure accuracy and minimize outliers. Finally, the aggregated data is published to the blockchain, hashed, and verified using cryptographic schemes like BLS signatures for efficiency and security. This setup allows Eoracle to provide reliable data feeds for Dapps, ensuring both the authenticity of the data and the integrity of its transmission

Trending Coins and Tokens Flame icon