How Do Decentralized Oracle Networks (DONs) Solve the Oracle Problem?
DONs solve the oracle problem by aggregating data from multiple independent sources and using cryptographic security mechanisms. They employ a network of decentralized nodes to fetch, validate, and sign data before sending it to the smart contract.
This decentralization minimizes single points of failure and increases the reliability and tamper-resistance of the data feed. This process ensures the data used for contract execution is robustly validated.