Description: Witnet brings real power to smart contracts. Witnet is a next-generation decentralized oracle that leverages state-of-the-art cryptoeconomic techniques to provide smart contracts with secure data input and output. The Witnet network runs its own blockchain and relies on the WIT coin for incentivization of autonomous nodes that resolve data requests, agree on the results and deliver the results back to smart contracts.
Witnet enables your smart contracts to react to real world events with strong crypto-economic guarantees.
Without a reliable oracle, smart contracts can be vulnerable to hacks, corruption and monetary loss.
Witnet leverages state-of-the-art cryptographic and economic techniques to provide your smart contracts with secure data input.