How Is Data Integrity Verified by a Smart Contract Using an Oracle? ⎊ Path

How Is Data Integrity Verified by a Smart Contract Using an Oracle?

The smart contract is coded to expect data from a specific, trusted oracle contract address. Verification mechanisms can include checking for multiple signatures from a DON, verifying a cryptographic proof of the data's source, or ensuring the data falls within a certain range.

This process ensures the data is authentic before triggering execution.

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Glossar

Integrity

Data ⎊ Data integrity is the assurance that market information, particularly asset pricing feeds from oracles and trade execution records, remains accurate, consistent, and unaltered throughout its lifecycle.