Add Oracle network details #69
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pmerkleplant
requested changes
Jul 30, 2024
| Each **Oracle** receives periodic data from the validators and stores data on-chain so that consumers can retrieve it. Oracles receive updates from the validator network when either the Deviation Threshold or the Update Threshold triggers an update during the aggregation round. | ||
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| **Deviation Threshold**: A new aggregation round is triggered when a node identifies that the off-chain values deviate more than a pre-defined threshold for that on-chain value. | ||
| **Update Threshold**: A new aggregation round is triggered after a specified amount of time since the latest update. If the data values stay within the Deviation Threshold, an update will only be triggered every X minutes / hours. |
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Just fyi: Validators are producing new signatures continuously, independent of the thresholds. Its the relays who decide, based on the thresholds, whether they should update the contract.
pmerkleplant
approved these changes
Jul 30, 2024
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Add decentralized Oracle network details to docs