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NEST
NEST offers a creative solution including mortgage listing, arbitrage verification, price chain and BETA coefficient modules
Complete NEST protocol. Using the example of the Ethereum network, the schematic diagram of the NEST protocol looks like this:
1) Role definition
The participants in the NEST protocol are defined as follows:
Participants specifying bids in the agreement, including miners citing mining and examiners trading and citing.
A miner: make an offer and pay a commission to get NEST (ERC-20Token). The group of miners is recorded as O, anyone can become a miner.
Anyone can become an auditor, check the price of the quoted miner's offer. If there is a discrepancy between a single offer and the market price and there is a certain range of arbitrage, the reviewer can conduct a single arbitrage. The specific validation rule
The NEST oracle solves the problem of the price in the chain through a decentralized incentive solution, ie the price predictor.
The core of Nest Oracle: Quote Mining (Incentive), Verification Cycle, Price Chain, Beta Coefficient.
Oh a token that wants to help us with mining. No thanks not my project. Oh, did I mention that the token takes place at the ETH Blockchian? No, it does
