How Do Decentralized Oracle Networks (DONs) Address the Single Point of Failure Risk?

DONs mitigate the single point of failure risk by using multiple independent nodes, or oracles, to source and validate data. Instead of relying on one source, the data is aggregated from many, often using a median or weighted average.

This consensus mechanism ensures that no single malicious or faulty node can corrupt the final data feed. Cryptographic proofs and staking mechanisms further secure the process, making the aggregated data highly reliable.