Oracle makes full use of the oracle network to help build a world-leading decentralized exchange

 Oracle combines high-performance aggregated cross-chain oracle protocols and fully applies them to decentralized exchanges. The oracle machine is like an information transmitter, which can automatically transmit external credible data to the blockchain and write it into the smart contract, so that the contract can automatically execute the results according to the preset rules, and complete the verification of real data by blockchain technology. Services for business scenarios.

Subvert the traditional model and continuously expand the ecological boundary of blockchain

The Oracle Network is an internet of blockchains designed to provide a technological foundation on which distributed business applications can be built. The oracle network is part of a larger network of oracles - all partitions in the network are able to interact with any other partition in the network of oracles through the standard IBC protocol. By introducing a layer of service semantics in the network, we will provide an innovative solution that supports entirely new business scenarios, thereby increasing the scale and diversity of the network of oracles.

Oracle combines high-performance aggregated cross-chain oracle protocols and fully applies them to decentralized exchanges. The oracle machine is like an information transmitter, which can automatically transmit external credible data to the blockchain and write it into the smart contract, so that the contract can automatically execute the results according to the preset rules, and complete the verification of real data by blockchain technology. 

Services for business scenarios. Traditional centralized exchanges not only require kyc real-name authentication, but also assets are at risk of being stolen on the exchange. Decentralized exchanges overcome these shortcomings . The decentralized exchange supported by Oracle not only does not use kyc, but also stores all assets on the chain, so there is no need to worry about losing them. Moreover, the transaction depth is very high, and a large number of buying and selling will not cause great fluctuations in market prices.

Multi-public chain hybrid architecture realizes information interaction between dual main chains

Oracle uses the oracle network as the underlying infrastructure, and analyzes and integrates the data of Token and NFT assets in different scenarios, so as to efficiently and quickly predict the buying and selling points of various assets, and use the simplest low-buy The high-selling principle obtains income, provides users with reliable decision-making support for digital asset investment, provides safe, convenient and efficient digital asset investment for the public, and shares the dividends of the times with investors.

Oracle integrates multiple public chain architectures to build a decentralized trading system ecology and a multi-chain parallel model of transaction chains, contract chains, and business chains, and realizes information interaction between the two main chains through cross-chain technology. The dual main chain architecture ensures that the Oracle blockchain system can have high scalability, high security and high efficiency. 

In order to ensure the availability of double-chain data, Oracle will use the cross-chain technology method of SPV verification + HTLC-like main chain lock. Transactions on the contract chain need to be registered on the transaction chain, Oracle will provide cross-chain relay to achieve, and the contract chain will provide a built-in contract for unified bookkeeping to be responsible for receiving. The Token of the main chain will be used in the contract. The transaction chain mainly guarantees KV pairs. The Oracle on the contract chain will only be generated after the transaction chain passes SPV, but the contract chain only has returned transactions, and the transaction chain only has transactions that enter the contract chain.

  One of the main goals of the multi-public chain hybrid architecture is to establish a smart contract model based on the stake consensus mechanism (PoS) and supporting UTXO. Due to the choice of the stake consensus mechanism, the meaning of PoS is that the choice of block creators is determined by the amount of digital assets held. In PoS, the corresponding digital assets are obtained by forging or minting instead of mining, and there is no block reward, and miners only charge a certain transaction fee.

The multi-public chain hybrid architecture is compatible with the UTXO model of the platform currency and the virtual machine that complies with the AAL specification. The first compatible virtual machine is the EVM of Ethereum, and the virtual machine of the x86 architecture will be implemented in the future, supporting a variety of popular smart contract programming. language. In pursuit of a pragmatic design approach, the multi-public chain hybrid architecture fully supports the "mobile-oriented" strategy to expand the possibility of commercial applications. The "mobile-oriented" strategy enables the multi-public chain hybrid architecture to bring blockchain technology to more Internet users, and gradually decentralize PoS transaction verification.

epilogue

Through efficient data interaction, massive data storage, and reliable operating mechanism, the Oracle oracle network helps build a global leading decentralized exchange, and continuously expands the ecological boundary, eventually forming a powerful, systematic, organic, and shared digital The economic ecology has greatly promoted the historical process of the digital asset era, and explored and created revolutionary value of the times.