Why
Universal Data Feeds is a new type of oracle protocol, based on modular mechanisms that standardise data streaming into a universal format, allowing for smart contracts to seamlessly access any Web2 and Web3 data.
Developers now have access to data feeds in both push and pull formats, ensuring optimal flexibility and cost-efficiency for end-consumers and applications.
Data Resolved
Key Components
How
Entangle's Universal Data Feeds work similar to the Photon Messaging Protocol, but instead of transmitting data between two blockchains, it delivers any data to smart contracts on-demand.
Transmitters fetch data and send an update to Entangle Blockchain each round. Then Executor Agents execute data finalization.
Data updates on external blockchains occurs through Photon Messaging.
Transmitter Agents check finalized data, vote on an update and once consensus is achieved, Executor Agent update data on external blockchains.