Gravity: a blockchain-agnostic cross-chain communication and data oracles protocol
This addresses the need for efficient and futureproof oracle consensus in the blockchain industry, though it appears incremental as it builds on existing cross-chain and oracle concepts.
The paper tackles the problem of cross-chain communication and data oracles in blockchain by proposing the Gravity protocol, which uses the Pulse Consensus algorithm to achieve blockchain-agnosticism without requiring a dedicated blockchain or native token, aiming to address scalability challenges.
This paper intends to propose the architecture of a blockchain-agnostic protocol designed for communication of blockchains amongst each other (i.e. cross-chain), and for blockchains with the outside world (i.e. data oracles). The expansive growth of cutting-edge technology in the blockchain industry outlines the need and opportunity for addressing oracle consensus in a manner both technologically and economically efficient as well as futureproof. Blockchain-agnosticism is inherently limited if proposing a technological solution involves adding one more architectural layer. As such, Gravity protocol is designed to be a truly blockchain-agnostic protocol. By ensuring parity through direct integration and by leveraging the stability and security of the respective interconnected ecosystems, Gravity circumvents the need for a dedicated, public blockchain and a native token. Ultimately, Gravity protocol intends to address scalability challenges by providing a solid infrastructure for the creation of gateways, cross-chain applications, and sidechains. This paper introduces and defines the concept of Oracle Consensus and its implementation in the Gravity protocol named the Pulse Consensus algorithm. The proposed consensus architecture allows Gravity to be considered a singular decentralized blockchain-agnostic oracle.