Chainlink to provide data to polygon to solve misunderstandings based on reality betting
The polymarket returns to the chainlink to clean up how it solves the bets.
The world’s biggest platform in the world’s predictions is to use the on-chain data provider to automatically organize asset-related markets, cutting down the delays and risks in the uprising, two companies announced Friday.
Integration is live in Polygon and initially focused on crypto asset prices as companies explore potential applications for more subjective markets. This means that markets based on the price prices are resolved based on data directly fed from the chainlink’s decentralized oracle network.
Polymarket is currently relying on the optimistic oracle system UMA to determine the outcomes of its predictions. That often lead to controversy Over management Made to influence the outcomes of certain markets.
The chainlink infrastructure combines feed timestamps, known as data streams, with automatic tools to negotiate. That, the project said in a press release shared with CoinDesk, allowing a market to settle once the clock was depleted.
The Polymarket said it plans to expand the use of chainlink data beyond asset prices, even though subjective markets will remain a challenge.
Some controversial outcomes in the polymarket, should be noted, also involved in more subjective markets, including decisions based on the President of Ukrainian Volodymyr Zelensky’s dress.
