Cross-Chain Oracle
1 min read
Pronunciation
[kraws-cheyn awr-uh-kl]
Analogy
Like a global news agency that feeds the same verified report to newspapers in different countries simultaneously.
Definition
An oracle service that delivers external data—such as prices, randomness, or events—to smart contracts on multiple blockchain networks in a synchronized manner.
Key Points Intro
Cross‑chain oracles provide consistent data feeds across heterogeneous blockchains.
Key Points
Multi‑chain feeds: Push identical data to Ethereum, BSC, Avalanche, etc.
Synchronization: Ensures minimal drift between networks.
Secure aggregation: Uses threshold signatures or MPC for data attestation.
Fallback sources: Redundant data providers for resilience.
Example
Chainlink Cross-Chain Feed publishes USD price of BTC on 10 chains with sub‑second update variance under 100 ms.
Technical Deep Dive
Security Warning
Caveat
Cross‑chain finality differences can cause minor update ordering inconsistencies.
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