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The new “Surge” Oracle Network of the switchboard goes live on the mennet today.
As the Solna continues to compete with high-speed upstarts such as hyperlicid, one of the largest prices of the network is happening very fast. Oracle will be free to integrate, and the switchboard is claimed by the team that it is the fastest on Solana.
How fast? According to the team’s press release, the Serge promised a sub -100MS delay -8X rapid and about 1/100th in the cost of existing Oracle providers.
He Delay The fall falls less than 8–25 ms, the protocol should choose to collect with a surge node on its backnd, even rival the oracle speed of CEXS.
Performance benefits are obtained by major architectural changes under the hood.
Traditional “Bridge” OraCles collect data, post it and wait for the network consensus before reading the application-a pipeline that usually adds a delay of 2–10 seconds.
surge Instead of The model with a direct websocket stream for applications from the data source, by which the consensus step is sidelined.
Prices are pushed only by Oracle Nodes when market prices turn within a set range. This useless slot-by-slot eliminates voting and gas expenses which is standard fare on traditional “on-demand” ooracles.
Switchboard co-founder Chris Hermida told Blockworks that it is specifically targeted in cases such as “delayed-sensitive protocols/products such as” delayed-sensitive protocols/products such as “delayed-sensitive protocols/products such as” delayed-sensitive protocols/products.
The surge is built on the switchboard’s open-source cell (switch forward attention invention layer) framework, which uses the trusted execution environment (TEE) hardware atmosphere to verify that each Oracle node is running an authoritated switchbord software code before allowing the network to honor the network and serve data.
A snapshot of Solana’s Oracle Market shows a very competitive market today.
In terms of total value secure (TVS), Pyth leads the section with $ 2.3B, followed by Edge ($ 2B) and switchboard ($ 1.2B), Defilama Shows data.
Note, however, the TVS measures the value of the collateral that touches an oracation, not how often an oral feed is consumed.
Ryan Connor of Blockworks Research has Argued A better gauge for the Oracle market share is a total transaction price (TTV)-the amount of volume priced by the feed in the fact-because a high-existing dex can ping more than thousands of times, which can secure the amount of the same dollar.
If the surge takes advantage of adopting the surge benefits with cases of high delay use, the part of the switchboard activity can expand faster than its part of the TV.
For now, low-lonely data on Solan is becoming a public utility-and the switchboard is out of the first gate.
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