NEST-NEST ProtocolDetailed Description

NEST-NEST Protocol Detailed Description

NEST Protocol is a decentralized price oracle network developed based on the Ethereum network. NEST defines and implements a brand new scheme for generating on-chain prices on the blockchain. It adopts the market game theory, synchronously generates the price of the off-chain market on the chain through the two-way quotation of miners, and combines the NEST quotation mining mechanism to motivate miners, making it a logical closed-loop distributed quotation system. Perfectly synchronously generate off-chain prices on the chain to form a NEST price oracle.