Blockchain & Cryptocurrency Glossary

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

  • search-icon Clear Definitions
  • search-icon Practical
  • search-icon Technical
  • search-icon Related Terms

Oracle Upgradeability

1 min read
Pronunciation
[awr-uh-kl uh-pgray-dah-bil-i-tee]
Analogy
Like updating the software on your smartphone without changing the apps’ shortcuts on your home screen.
Definition
The capability to update oracle smart contract logic—such as adapters, consensus algorithms, or governance rules—without disrupting consumer integrations, typically via proxy patterns or modular contract design.
Key Points Intro
Oracle upgradeability ensures the network can evolve and patch vulnerabilities seamlessly.
Key Points

Proxy pattern: Delegates calls to upgradable implementation.

Module registry: Swaps adapter modules dynamically.

Governance control: Upgrades authorized via DAO or multi‑sig.

Versioning: Tracks implementation versions and migrations.

Example
The oracle DAO upgrades the adapter implementation to support a new API endpoint without changing the proxy address used by consumers.
Technical Deep Dive
Uses UUPS proxy: implementation contract includes `upgradeTo()` protected by governance. Proxy’s storage remains, only logic address updates. Emits `Upgraded` event.
Security Warning
Upgrade functions are high‑risk; secure with timelock and multi‑sig governance.
Caveat
Upgradeable contracts introduce complexity and potential for misconfiguration.

Oracle Upgradeability - Related Articles

No related articles for this term.