Announcing the OOv3 — The True or False Oracle - UMA Project - Medium
Tl;dr–UMA’s Optimistic Oracle V3 (OOv3) is a protocol that incentivizes a worldwide network to validate statements as either true or false. This means developers can use any data source, such as an API or other data feed, and use UMA to both put the data on-chain ****and**** publicly guarantee it against manipulation. The OOv3 ****also**** introduces “escalation managers” that enable customized security properties for each integration, giving protocols more flexibility over how disputes are h...
Announcing the OOv3 — The True or False Oracle - UMA Project - Medium
Tl;dr–UMA’s Optimistic Oracle V3 (OOv3) is a protocol that incentivizes a worldwide network to validate statements as either true or false. This means developers can use any data source, such as an API or other data feed, and use UMA to both put the data on-chain ****and**** publicly guarantee it against manipulation. The OOv3 ****also**** introduces “escalation managers” that enable customized security properties for each integration, giving protocols more flexibility over how disputes are h...
