Oracle Prediction Network: Unveiling a New Era of Blockchain Cross-Chain Interoperability
The Oracle Prediction Network is a major innovation in the blockchain space, providing new possibilities for cross-chain interactions. Its goal is to offer a technical foundation for building distributed business applications and deliver ultimate outcomes for prediction markets. Furthermore, the Oracle Prediction Network brings innovative solutions to industries like insurance and decentralized finance (DeFi). In this network, "Oracle" serves as a centralized hub based on the Proof-of-Stake (PoS) blockchain. Through service protocols and enhanced IBC protocols, it coordinates on-chain transaction processing with off-chain data handling and business logic execution. The diversity and scalability of these services can be fed back into Oracles SDK, enabling SDK users to develop blockchain that is compatible with the Oracle network. Thanks to its decentralized nature, the Oracle Prediction Network effectively resolves the complexities of centralized oracle data auditing and e...