/biz/ - Business & Finance

>>19846540
Never forget

Chainlink oracles access TCF. The TCF is built on iExec technology. IExec oracles can be used in the same way Chainlink oracles are being used. Chainlink needs TCF and iExec for off-chain compute. iExec does not require the Chainlink oracle network for off-chain compute.
IExec oracles are randomly selected SGX enabled VMs that provide encrypted inputs for computations. Computations occur in SGX enclaves which protect data and computations from the host machine. Results are verified with Proof of Contribution (POCO) which is a built-in RLC feature. IExec decentralized oracles push encrypted results back to the application.
A key feature of iExec’s oracle solution is that the scheduler of the worker pool randomly selects workers to act as oracles. This feature reduces/eliminates the chance of Sybil attacks. As a result, workers are not required to submit KYC data because the trust is shifted from individual workers to the network of workers.
Schedulers and workers are required to stake RLC tokens to enable a revolutionary reputation system that includes rewards and penalties for providing always on connectivity and correct results from computations.
Maintaining privacy of the data and computations during rest, in-transient, and during computation is Confidential Computing. Currently, only iExec’s oracles on SGX worker pools enable Confidential Compute.
The complete iExec stack, using the RLC token to access the network and services, can be executed currently on the main Ethereum network and on POA sidechains starting December 2019. iExec solution provides the most secure way to compute in the entire industry enabling new market opportunities (multi-cloud, hybrid-cloud, trusted compute, data renting, B2B2P) built on the security of the Ethereum blockchain with added privacy and scalability.

Tfw RLC is the orange box
Tfw LINK is the green box
Tfw if Town Crier was being used, Orange box would be green box

tfw RLC is integral