Guides
DevelopersGuides
  • FAQs
    • What is Bond?
    • What problems we are solving?
    • What is a social graph?
    • What is Decentralised Social Relations?
    • Where is the data created by Bond Network’s interactions stored?
    • Is Bond available on platforms other than Ethereum?
    • Who pays the “gas fees” for On-Chain social behaviours on Bond Network?
    • How Bond promotes the development of its social network?
    • Can the Bond project help users bear the cost of account creation?
    • How can users gain rewards in Bond?
    • What is the Reward Mechanism Based on Referral Network in Bond Network?
    • What risks should users be aware of when participating in Bond's reward mechanisms?
    • How does Bond promote active participation and community building through its reward system?
    • Can non-KOL users earn significant rewards in the Bond project?
    • What is Social Value, and how is it measured in the Bond project?
    • How does Bond's reward model ensure fairness?
    • Can the weight parameters for Social Value calculation be customized?
    • What is meant by Continuous Optimization in the Bond reward model?
    • How is the Team Value calculated in Bond?
    • What is the significance of the weights in the calculation of Social Value?
    • Is there a way to test the Bond reward mechanism before full implementation?
    • Where can I get Bond API?
    • What is an Oracle?
    • How is Bond Oracle solution unique?
    • Why do blockchains need oracles?
    • What is "off-chain data"?
    • What is the oracle problem?
    • What is the Bond Oracle?
    • What is a decentralized oracle network?
    • What is a node operator?
    • What is Bond’s economic model
    • What makes the Bond Oracle more reliable than other oracle networks?
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  1. FAQs

How is Bond Oracle solution unique?

High-quality data with premium APIs - The Bond Oracle has credential management capabilities, meaning it can fetch and deliver data to smart contracts from premium, password-protected data sources. While free data APIs are useful, most inputs that trigger transactions related to secure user funds will likely need to come from premium APIs.

‍Flexibility - The Bond Oracle is a highly flexible and blockchain-agnostic oracle framework utilized by DeFi applications, web services, and traditional enterprises alike. By acting as a universal blockchain abstraction layer, users can leverage Bond to transmit any kind of data to and from any blockchain environment as desired.

‍Highly secure and transparent nodes - Bond oracle networks consist of security-reviewed and tamper-resistant nodes. These nodes are highly transparent, and their performance data are publicly available to all users at [Link].

Decentralized and Sybil-resistant networks - Bond Oracle is a decentralized oracle network, consisting of security-reviewed nodes that are backed by professional teams, allowing for the creation of numerous Sybil-resistant and tamper-proof oracle networks that can scale up as the value being secured rises.

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Last updated 1 year ago