Ecosystem comparison
How does our approach fare in comparison to other veterans?
Last updated
How does our approach fare in comparison to other veterans?
Last updated
Oracles navigate the delicate balance between speed and decentralization, existing along a spectrum from fast and permissioned to slow and permissionless. Traditional decentralized oracles often grapple with the challenge of relying on multiple participants to validate data feeds, significantly escalating costs and time to obtain accurate results. This tradeoff is mitigated through our innovative approach, leveraging hardware-secured Trusted Execution Environments (TEEs).
With TEEs, both computation and data scraping from web2 sources are guaranteed to be accurate through robust hardware isolation ensuring the untamperable execution of operations. This transformative technology reshapes the tradeoff dynamics, offering a superior solution where oracles can be both fast and permissionless at an exceptionally low cost and high security.
The comparative analysis above clearly illustrates this advancement. Our oracles demonstrate data update speeds equivalent to centralized entities managed by a single node, while concurrently upholding security standards akin to decentralized oracle frameworks. This marks a significant leap forward, where the best of both worlds—speed and permissionlessness—are seamlessly integrated, establishing a new standard in oracle efficiency and reliability.
In short – Decimal is so awesome!
Note: If you believe something is missing or our documentation is unclear, please contact us at tech@decimal.at.
Disclaimer: The above comparison is made in general with respect to their individual capabilities, and is not related to or is specific to any particular alternatives.
