Hi everyone,
I am new to the Band Protocol community and would love to learn more about how it works in the decentralized data oracle space. From what I understand, Band Protocol provides a secure and efficient way for smart contracts to access real world data but I am curious about the specifics of how the data is fetched and verified.
Can anyone explain how the data sources are chosen and validated in Band Protocol: ?? Also;, I would like to know how the network ensures that the data provided is accurate and reliable, especially in cases where multiple data sources may conflict.
Moreover, how does Band Protocol compare to other oracle networks like Chainlink: ?? Are there any advantages or unique features that set Band apart: ??
I am looking forward to learning more about this innovative technology and how it could potentially impact decentralized applications.
Thanks in advance for your insights !!