Reality.eth is an Ethereum-based oracle that answers questions by crowdsourcing responses with an escalating bond mechanism, allowing economic dispute resolution. It is used to bring real-world facts on chain.
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- Reality.eth is a decentralised oracle in which anyone can post an answer to a question by staking a bond, and others can challenge by posting a higher bond, so that the economically backed answer settles after a timeout. Unresolved disputes can be escalated to an arbitration mechanism such as a court contract.
- The system lets smart contracts obtain answers to subjective or real-world questions without trusting a single reporter. It is a component of SafeSnap, which connects off-chain governance votes to on-chain execution.