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Design of the decentralized oracle #52

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imacoindev opened this issue Jul 25, 2019 · 0 comments
Open

Design of the decentralized oracle #52

imacoindev opened this issue Jul 25, 2019 · 0 comments

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@imacoindev
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Design the architecture of the off chain oracle network based on Schnorr signatures.

  • Each node signs the data with their portion of the ring signature. After ring is completed the agreed value is broadcast to the blockchain layer.
  • Consider de incentivizing freeloading by inputting same value as previous node in the ring.
  • Consider security in the p2p connections between nodes.
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@imacoindev