The Oracle problem: Difference between revisions
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Blockchain nodes are designed to perform standardized and uniform operations to generate consensus on a set of transactions (solving the double-spend problem). However, they are not suited to answer subjective questions about probabilistic real-world data, as blockchain nodes do not always have access to the same information, making generating consensus on even the most basic data requests challenging and source quality enforcement impossible. | Blockchain nodes are designed to perform standardized and uniform operations to generate consensus on a set of transactions (solving the double-spend problem). However, they are not suited to answer subjective questions about probabilistic real-world data, as blockchain nodes do not always have access to the same information, making generating consensus on even the most basic data requests challenging and source quality enforcement impossible. | ||
<ref>https://chain.link/faqs</ref> [[User:Reggie|Reggie]] ([[User talk:Reggie|talk]]) 04:40, 22 June 2022 (UTC) | |||
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Revision as of 04:42, 22 June 2022
The Oracle Problem Discussion Page
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Blockchain nodes are designed to perform standardized and uniform operations to generate consensus on a set of transactions (solving the double-spend problem). However, they are not suited to answer subjective questions about probabilistic real-world data, as blockchain nodes do not always have access to the same information, making generating consensus on even the most basic data requests challenging and source quality enforcement impossible. [1] Reggie (talk) 04:40, 22 June 2022 (UTC)