Express

Polymarket updates oracle mechanism: Controversial proposal permissions to be restricted to whitelist addresses

Summary: According to sources, Polymarket has reportedly just updated its documentation, changing its oracle mechanism from the developed 'Optimistic Oracle' to 'Managed Optimistic Oracle MOOV2'. In simple terms, the permissions for controversial proposals will be restricted to whitelist addresses. Benefits include a more centralized decision-making process and shortened debate time, while drawbacks include limiting community participation.

According to sources, Polymarket has reportedly just updated its documentation, changing its oracle mechanism from the developed 'Optimistic Oracle' to 'Managed Optimistic Oracle MOOV2'. In simple terms, the permissions for controversial proposals will be restricted to whitelist addresses. Benefits include a more centralized decision-making process and shortened debate time, while drawbacks include limiting community participation.

Last Update:

Tags:
Link: Polymarket updates oracle mechanism: Controversial proposal permissions to be restricted to whitelist addresses [Copy]

Last: Vitalik praises Zora app, suggests supporting Ethereum address as account recovery method

Next: Data: 100 Million USDT Transferred from Aave to HTX

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 4 days ago

BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 days ago

The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 11 days ago

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 13 days ago

Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 15 days ago