In an era where accurate and real-time data becomes the backbone of every Blockchain application, especially in DeFi and prediction markets, choosing a powerful Oracle is no longer a priority – it is a prerequisite.
Stork emerged as a convincing answer to that problem. Not following the costly and slow Push Oracle path, Stork chose a different direction: a decentralized Oracle protocol that operates on the Pull model, which is flexible, economical, and extremely fast.
The article below will take you deep into the unique architecture, detailed operating mechanism and outstanding advantages that have made Stork one of the most notable Oracle protocols in the cryptocurrency market today.
What is Stork?
Stork is a decentralized Oracle protocol that delivers off‑chain data directly into on‑chain applications with very low latency.
Instead of operating on the Push model (Oracle pushes data), Stork uses the Pull Oracle architecture - which means data transmission is only performed when the application actively requests it, helping to optimize gas costs and avoid unnecessary data dissemination.
Stork's goal is to bring near real-time, authoritative data to areas like DeFi, financial trading, and prediction markets,…
Outstanding advantages of Stork
Pull Oracle Model
The application only calls for data when needed. This minimizes gas costs and avoids information redundancy.
Ultra low latency
Data is updated at a frequency of up to 500ms, with latency under 1 second – perfect for systems that require instant response.
Temporal Numeric Values
Not only providing asset prices, Stork also supports all kinds of time-stamped numerical data such as market signals, indicators, weather prices, etc., creating high flexibility.
End-to-end signature verification
All data goes through three layers of signing: from Publisher, to Aggregator, then to Smart Contract – ensuring complete integrity through ECDSA.
Modular Architecture
The design is separated into components: Publisher, Aggregator, Subscriber and Contract. Each part can be maintained, upgraded or replaced independently.
Multi-blockchain compatibility
Support for over 60 chains, including EVM, Solana, Aptos, Sui,… data is signed appropriately for each ecosystem.
Customizable Aggregator (Composite Oracle Service – COS)
Users can define their own data aggregation functions to suit their own goals.
How Stork Works
Publisher (like exchange, HFT) runs open source Agent, signs data and sends it to Aggregator system via corresponding WebSocket.
Aggregator collects data from multiple Publishers, runs aggregation algorithms like median, average, weight, etc., then signs and stores metadata.
Subscribers, which can be on‑chain or off‑chain applications, access the Aggregator via WebSocket or REST API to receive processed data.
On‑chain Contracts
Subscribers use the Chain Pusher tool to push data to the Stork smart contract.
The Smart Contract will check the Aggregator signature, verifying its freshness and validity before updating the data.
Investor
On August 22, 2024, Stork successfully raised $4 million from Faction and CMS Holdings funds…
Information is being updated
Currently, some key content of the Stork project is being completed and will be widely announced in the near future.
Roadmap: Details on technical milestones, upcoming features, and ecosystem expansion plans are being updated by the team, promising to reveal the protocol's long-term development strategy.
Team: The identities of key team members, their portfolios and experience will be made public to increase transparency and strengthen community trust.
Tokenomics: The token allocation model, vesting schedule, and utilities surrounding Stork's native token are in the final stages of being finalized to ensure sustainability and attract long-term investment.
Follow the project's official channels to not miss important upcoming updates.
Project information channel
Website: https://www.stork.network
Twitter: https://x.com/StorkOracle
Conclude
Stork Oracle represents a new generation of Oracle, which almost completely solves the disadvantages of the traditional Push model: from high gas costs, high latency to shortcomings in scale and scalability.
With its flexible design, high performance, and tight security, Stork is the ideal choice for any dApp that needs reliable, constantly updated data with extremely low latency.
Source: https://tintucbitcoin.com/stork-la-gi-tong-quan-ve-du-an-stork/
Thank you for reading this article!
Please Like, Comment and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!