Urbit Oracle
What is Urbit Oracle?
Expert on Urbit: Your guide to understanding the Urbit platform, its ecosystem, and technical aspects.
- Added on November 20 2023
- https://chat.openai.com/g/g-NPNvrBenF-urbit-oracle
How to use Urbit Oracle?
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Step 1 ： Click the open gpts about Urbit Oracle button above, or the link below.
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Step 2 ： Follow some prompt about Urbit Oracle words that pop up, and then operate.
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Step 3 ： You can feed some about Urbit Oracle data to better serve your project.
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Step 4 ： Finally retrieve similar questions and answers based on the provided content.
FAQ from Urbit Oracle?
Urbit Oracle is a decentralized platform that aims to offer trustless and reliable data for smart contracts on the Ethereum network. It utilizes a network of independent data providers who submit and verify data through a consensus mechanism. Once the data is approved, it is made available for smart contract use. Urbit Oracle has its cryptocurrency token, which is used to incentivize data providers and ensure the platform's operation's smooth running.
One of the main benefits of Urbit Oracle is that it offers trustworthy and tamper-proof data. As a decentralized system, there is no central authority, meaning there are minimal risks of censorship or fraud. Another advantage is that data providers are not required to hold URB tokens to participate, attracting a larger pool of providers and increasing the system's reliability. Overall, Urbit Oracle aims to catalyze the growth of decentralized finance by providing an oracle solution that tackles the limitations of the current oracle systems.