EOracle says the market can provide incentives for better data.

April 12: Oracle, Decentralized Oracle Network I recently started staking on Eigenlayer.aims to improve security and data reliability on Ethereum through a trust market that incentivizes accurate data, as founder and CEO Matan Sibon stated in an interview with CoinDesk. Creating a trusted and neutral marketplace through eOracle can help match supply and demand at free market prices, fostering a more diverse and unbiased Oracle ecosystem that significantly reduces operating costs, Sibon said. “We believe that markets, open markets, free markets are the best way to find and allow price discovery for any asset or service,” he said. EigenLayer allows eOracle to use a decentralized network of Ethereum validators to enhance the trust, diversity, and security of the oracle system without requiring validators to provide separate additional stakes. Sibon said the next step for eOracle is a mainnet launch to strengthen integration with the Ethereum rollup and expand its capabilities. – Written by Sam Reynolds in Taipei.