Decentralized / Permissionless

Absolute authority is inherently corrupting.

A data-manipulating entity that possesses majority control over an Oracle network can result in the loss of assets for both protocols and users.

With TRIPLE, anyone can request and validate.

TRIPLE operates without requiring any permission from any of its stakeholders. With a sufficient stake, any TRIPLE token holder may join the network and begin operating as a validator, anchor, or in other capacity. No upper limit exists on the quantity of validators employed to safeguard the network.

Oracles currently function as permission-based gatekeepers in the majority of situations; TRIPLE eliminates this opaque centralization. Permissionlessness is a feature of the TRIPLE request module that permits any protocol to query the network for data requests.

Multi-chain native

It is critical to implement a standardized data transmission protocol between networks in a multichain environment. In addition to having shared security assumptions, the transmission protocol should be queryable from any network. Multiple chains are incompatible with numerous smart contract protocols due to their dependence on the infrastructure of the chain to which they were initially deployed. The feasibility of the protocol supporting this infrastructure on alternative networks is uncertain, and the addition of such infrastructure exacerbates technical burdens and exposes the protocol to third-party risk.

Through established networks, capital will persist in infiltrating the cryptocurrency ecosystem, while also trickling into design-specific networks that entail distinctive configuration trade-offs. TRIPLE enables any chain to access its network while ensuring shared security, irrespective of the network from which the request originated, in anticipation of a multichain future.

Last updated