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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.

What Role Do Full Nodes Play in Validating and Preventing the Acceptance of a Malicious Re-Org?
What Is “Data Aggregation” and Why Is It Important for Oracle Security?
What Is the Fundamental Difference between a Full Node and an SPV Client in a Blockchain Network?
How Does a Decentralized Oracle Feed Data to a Yield Farming Smart Contract?