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How Do Decentralized Oracle Networks Achieve Consensus on Price Data?

By aggregating data from multiple staked, independent providers and using a median or weighted average to determine a reliable price.
Greeks.Live23.11.25

How Do Decentralized Oracle Networks Achieve Consensus on Price Data?

Decentralized oracle networks achieve consensus by aggregating price data from multiple independent sources, or data providers. These providers stake collateral to ensure the accuracy of their reported data.

The network then uses a weighted average or median to determine a single, reliable price feed. This multi-source, staking-based approach makes it economically infeasible for a single entity to corrupt the price.

What Is the Significance of the Volume-Weighted Average Price (VWAP) in Measuring Execution Quality?
What Is the Advantage of Using a Median Price over an Average Price in Data Aggregation?
How Do Decentralized Oracle Networks (DONs) Improve Security?
How Does a Multi-Source Oracle Architecture Mitigate Single-Point Risk?

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