There are several companies currently working on implementing oracles (trusted 3rd party data source providers) for Bitcoin Cash. If oracles are implemented properly they can provide a very powerful springboard for the BCH ecosystem.
The following link provides an example prediction contract that has been implemented in testnet and it is working. Please review the implementation document with respect to how the oracle is signing data and provide feedback.
https://ipfs.io/ipfs/QmUcHFgW69i8hgxkm9YUuxdGpTKeAhNHLhDqVnKNHyBDEp
The goal is to get some kind of consensus or standard for how oracles should sign data (along with the associated timestamps) as shown in this example. I don't know if this is the best way to do it, but it certainly seems like a good way.
Now one of you guys can show me how this can be improved.
Thanks!
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source https://www.reddit.com/r/btc/comments/a6j205/prediction_markets_on_bitcoin_cash_using_oracles/
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