Tier 3
Tier 3 verification introduces an extra layer of validation by employing oracles. This is particularly useful for data that requires external corroboration or originates from less secure or indirect sources.
Oracle-Backed Verification Process
- Oracle Selection: A trusted oracle is chosen to serve as an intermediary for data verification.
- Data Submission & Request: Data is submitted to the blockchain, and a request is made to the oracle for verification.
- Oracle Verification: The oracle verifies the data’s authenticity against external sources or predefined criteria.
- Verification Result: The oracle provides a verification result, which is then recorded on the blockchain.
Prerequisites
- Integration with a trusted oracle service that can provide external data verification.
- Smart contracts or blockchain protocols capable of handling oracle responses.
1. Oracle Selection
Identify and integrate a trusted oracle service into the blockchain system for external data verification.
2. Data Submission & Request
Data is submitted to the blockchain, and a verification request is sent to the chosen oracle.
3. Oracle Verification
The oracle conducts verification by comparing the submitted data against reliable external sources or predefined criteria.
4. Verification Result
The oracle’s verification result is received and recorded on the blockchain, completing the Tier 3 verification process.
Conclusion
Tier 3 verification ensures data authenticity by involving oracles for an added layer of external validation. This method is key for integrating data that requires external references or for which direct device-origin verification is not possible.
Additional Considerations
- Establish strict criteria for selecting oracles to ensure reliability and objectivity.
- Regularly audit and monitor oracle performance to guard against any potential vulnerabilities.
- Implement consensus mechanisms among multiple oracles to further bolster trust in the verification process.
For practical application, developers should follow the guidelines provided by the blockchain network for integrating oracles and managing external data verification.
This section concludes the “Machine Data Verification on Blockchain” document, providing a full spectrum of data verification tiers suitable for various trust levels within a DePIN. Tier 3 verification ensures that even data requiring external validation can be trusted within the network, thus maintaining the system’s integrity. The provided code snippets are conceptual and should be adapted for specific use cases, oracle services, and blockchain network protocols.