CryptoACtual

With the advent of blockchain-based, trustless smart contracts, the need for oracle services that arbitrate the outcome of a contract has grown significantly. Most current implementations of smart contracts rely on a single or aggregated set of authoritative oracles to settle the outcome of the contract. In cases where both parties can agree on the authority and incorruptibility of the specified oracle, this is sufficient. However, in many cases, either an appropriate oracle does not exist or the oracle cannot be considered authoritative because of the possibility of error or corruption. The need for a difficult-to-disrupt system to complement GPS has been well known for years. GPS is exceptionally accurate and dependable, yet jamming, spoofing, cyber attacks and other forms of interference appear to be growing in frequency and severity. This has the potential for devastating effects on our lives and economic activity. The goal of the XYO Network is to create a trustless, ...