With a recent hackathon, I had a chance to look at my notes and see what I was planning on Aeternity, It’s quite a list to complete but for recent submission, I have to bring back an idea Decentralized Insurance
But this post is not about discussing it. This is about a new feature that I was planning to develop on aeternity. We know aeternity oracles are a very powerful way to let our smart contract talk outside. I am planning to move one step forward and create Authentic Oracles or Provable oracles (Whatever you like to call them).
What is it ?
I would like to define them as the Oracle with proofs. So they will be simple oracles easy to integrate as I have a design planned) but what they do is they provide proof in their response, With proof (I will document) a way to reverse track the starting point of the request maker to look for its integrity.
You can relate them with Trusted price feeders in smart contracts, Price feeding just based on URL requests you can do much more Trusted in your contracts and Combine them with Decentralized Oracles I was working on previously and will continue shortly.
Most of you might know and the above text seems related because I am inspired by provable technology on ethereum and having it on aeternity can open many new applications on the blockchain.
It all requires further time and resources to develop, So I am here to discuss with the community, According to the effectiveness of this feature on Aeternity and the applications that can be built on it or any other area you can think of, What is your opinion on it?