Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12837
Markets: 99741
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12837
Cryptocurrencies
60.66%
Bitcoin Share
BitcoinSistemi 2025-02-20 08:51:08

Polymarket, the World's Largest Prediction Market, Announces Collaboration with This Altcoin! Here Are the Details

Polymarket, the World's Largest Prediction Market, Announces Collaboration with This Altcoin! Here Are the Details

EigenLayer, Polymarket, and UMA are collaborating to develop a next-generation oracle system that aims to improve blockchain-based data validation by leveraging EigenLayer's infrastructure and the EIGEN token. EigenLayer, Polymarket and UMA Join Forces to Develop Next-Gen Oracle EigenLayer, a protocol that allows users to repurchase ETH and liquid staking tokens to secure additional services, will provide the security framework for the new oracle. The Restaking mechanism could allow Ethereum stakers to help secure the Oracle and increase its reliability through the economic support of Ethereum. “We are working with the UMA protocol and Polymarket to research a next-generation oracle that leverages the intersubject security uniquely enabled by EigenLayer and the EIGEN token,” EigenLayer said. Oracle is expected to operate on “intersubjective truth,” meaning that facts are determined by community consensus rather than purely objective data such as mathematical proof. This model is closely aligned with prediction markets, where dispute resolution often depends on widely accepted interpretations of real-world events. Developing Oracles for Prediction Markets Prediction markets like Polymarket rely on oracles to settle bets based on real-world events. Currently, UMA's Optimistic Oracle powers Polymarket, allowing a bidder to submit an outcome (e.g. “Candidate X wins the election”). The result is assumed to be correct unless challenged within a challenge window. In that case, UMA’s decentralized voting mechanism determines the final decision. This system has been effective, and over 10,000 Polymarket markets have been resolved using UMA's oracle. However, occasional disagreements have raised concerns about accuracy, prompting Polymarket to explore advanced oracle solutions. *This is not investment advice. Continue Reading: Polymarket, the World's Largest Prediction Market, Announces Collaboration with This Altcoin! Here Are the Details

Most Read News



Cryptohopper
Market Cap
24h Vol
60.66%
Bitcoin Share
420
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.