How UMA’s Optimistic Oracle connects any type of real-world, subjective data to smart contracts, and the various use cases it is powering. - oraclesummit uma
In the presentation above, UMA’s Co-founder, Hart Lambur, provides insights into how UMA’s Optimistic Oracle connects any type of real-world, subjective data to smart contracts, and the various use cases it is powering.UMA is an optimistic oracle that can verify any statement proposed on the blockchain. It tells smart contracts “things about the world” so contracts and markets asking for that data can be settled. The OO functions as a decentralized truth machine that includes human reasoning.
One challenge for oracles is the lack of API data providing the answers to some of the more subjective questions that need to be verified. Longtail oracles, therefore, need to be able to access human judgement. Hart says a system that crowdsources truths from a network of human voters can fulfill these requests. Examples of such questions would be “did the customer service at outlet A achieve a certain stated criteria or standard?” or “Who is going to win the super bowl?”.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Small retailers optimistic on Small Business SaturdayWith the holiday shopping season officially underway, small business owners are sounding an optimistic tone.
Leer más »
Warriors remain optimistic in James Wiseman’s future as he continues to grow in G LeagueThere is still no timeline for when James Wiseman might return to the Warriors.
Leer más »
There are many reasons to be optimistic about the market, even with the China wildcardChina is a real wildcard, and could impact that market. But elsewhere, there are some real reasons to be hopeful about where stocks are heading.
Leer más »
Americans are still optimistic about job securityThe glass half-full attitude cuts across income groups.
Leer más »
Foot traffic near Philly offices more than doubled since January. Here are other takeaways from a new report on Center City.Daily News | Foot traffic near Philly offices more than doubled since January. Here are other takeaways from a new report on Center City.
Leer más »