What Is a “Data Source Reputation” System in an Oracle?
A data source reputation system tracks and rates the historical performance and reliability of the data providers feeding information into the oracle network. Sources that consistently provide accurate, timely, and non-manipulated data receive a higher reputation score.
This score is then used by the aggregation mechanism to weight the data, giving more credence to high-reputation sources and effectively filtering out unreliable ones.
Glossar
Data Source Reputation
Reputation ⎊ Data Source Reputation quantifies the historical trustworthiness and performance of an individual exchange or data provider contributing price information to a decentralized oracle network.
Reputation System
TrustArchitecture ⎊ A Reputation System is the overall framework, incorporating data collection, scoring algorithms, and application logic, designed to quantify and utilize participant trustworthiness within a decentralized network.
Data Source
Origin ⎊ A data source, within cryptocurrency, options trading, and financial derivatives, represents the foundational point of information ingestion for quantitative models and trading systems.