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What Is a Decentralized Oracle Network (DON)?

A DON is a collection of independent oracle nodes that collectively fetch, validate, and deliver data to a smart contract. They use various aggregation and consensus mechanisms to ensure data accuracy and reliability.

This distributed approach mitigates the risks associated with a single point of failure and enhances the overall security of the contract.

Why Is Data Source Diversification a Key Mitigation Strategy for Oracle Risk?
How Do Decentralized Oracle Networks (DONs) Improve Data Integrity for Smart Contracts?
How Do Decentralized Oracle Networks (DONs) Improve Data Reliability for Smart Contracts?
How Does Using Multiple, Independent Data Sources Enhance Oracle Data Integrity?