Information |
Oracles Network is open, public, permissioned network based on Ethereum protocol with Proof of Authority consensus, reached by independent pre-selected validators. We envision Oracles Network as a first step towards realizing our vision of horizontal blockchain scalability by creating a swarm of blockchains with Proof of Authority consensus, connected by interledger protocols, like Polkadot. Designing such ecosystem has a potential to resolve the issues of transactions speed, blockchain throughput, and cost of networks. |