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Quiz Entry - updated: 2026.07.30

What is a decentralized oracle network?

An oracle design that aggregates many independent sources or operators (by majority vote, median, or staked aggregation) so no single one can lie or fail unnoticed.

It spreads the job so corrupting the feed requires subverting many parties at once, not one. The cost is added latency, expense, and coordination — worth it for high-value contracts.

From Quiz: IOTHACK / IOTHACK Glossary | Updated: Jul 30, 2026