Goracle - Blockchain Oracle on Algorand

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Goracle is based on the Algorand blockchain that uses a new Pure Proof of Stake (PPoS) consensus protocol to solve the blockchain trilemma of security, scalability, and decentralization.

Goracle is a decentralized oracle network that unites the Algorand blockchain with the physical world.

Goracle solves this by using a network of nodes and data providers across the world, that not only offers true decentralization but also great security and cheap transaction fees.

The project is planning to launch in 2023 and here are some basic stages of roadmap for this year.

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Right now every user can participate in Goracle testnet which will have 4 phases and 5 tiers of winners. To know more aabout all the details I recommend reading the original Goracle article here.

The Goracle testnet will be similar in design to the mainnet and will allow the team to improve the oracle network, fix any potential bugs, and gather insight into how the protocol may perform when it launches.

Goragle is supported by several strong investors like Valhalla Capital, Algorand Foundation, Borderless and others.

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To summarize Goracle is a decentralized oracle network with great usability and perspectives. I recommend to follow Goracle social pages for further updates on testnet and mainnet**.**

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