@goranetwork
5 Challenges of Traditional Blockchain Oracles, How Gora Solves Them:
1️. Data Accuracy & Manipulation Risks
🔹Multi-source data aggregation and advanced multi-signature verification to ensure that data remains reliable, accurate, and resistant to manipulation
2️. Limited Scalability
🔹Off-chain computation capabilities allow Gora to handle complex calculations outside the blockchain, boosting dApp performance and making it highly scalable
3️. Security Risks & Security Breaches and single points of failure
🔹A decentralized network of 100+ nodes, leveraging Proof of Stake (PoS) consensus for enhanced security. This distributed structure minimizes single points of failure
4️. High Costs Oracles
🔹Cost-effective setup with competitive fees and is customizable for emerging chains, making it accessible to a wide range of users without compromising quality
5️. Limited Use Cases
🔹Industry-specific oracles offer tailored solutions for diverse fields, enabling broader blockchain adoption
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