Whitepaper overviews

Artificially generated overviews of the worlds most complex whitepapers. Designed for blockchain reviews, progressing towards overall technology.

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Flare Data Connector (FDC): Attesting External Events on Flare

This episode introduces the Flare Data Connector (FDC), a new protocol on the Flare network. The FDC enables users to request the on-chain verification of external events by Flare's data providers. This contrasts with the Flare Time Series Oracle (FTSO), which continuously provides price data. The FDC operates through attestation requests, a consensus process called bit voting, and a system of rewards and penalties to ensure accurate and reliable event confirmation. This functionality allows decentralised applications on Flare to utilise a broader range of off-chain information with the security of Flare's underlying consensus.

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This series introduces a conversational perspective of leading Whitepapers in the blockchain and advanced technologies sector. Papers range from a collection of Web3 to AI, as well as any interesting and unique concepts. This is provided freely by Arthur Labs with the honest intention of growing viewership in the Arthur Labs ecosystem.

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Arthur LabsWatson Lewis-Rodriguez