Welcome to the Switchboard Documentation. You'll find comprehensive product guides, various examples and API references to help you build inspiring projects with Switchboard's products.
In the traditional context of a switchboard, it is widely used in telecommunication infrastructures to manually establish connections to facilitate information flow between parties. Similarly, Switchboard, the oracle protocol, employs a decentralized quorum of oracles to shuffle data on a blockchain, empowering smart contract developers to build upon and utilize. The latest iteration, Switchboard V3 is the next-gen oracle, introducing a new paradigm of how and what oracle infrastructures can provide to blockchain developers.
What is Switchboard V3?
Traditional oracles are limited to quantitative value reporting. Switchboard goes beyond, providing a general purpose compute layer for you to build serverless functions and delegate the off-chain compute and verification to our network of oracles.
|Whitelisted nodes or economic staking
|TEE nodes and economic staking
|Limited to only quantitative value reporting
|Ability to execute off-chain computes verifiably and submit transactions on-chain
|Opaque source of information
|Transparent function source code and logs readily available
|Single method of data propagation
|Multiple methods such as push (cron schedule) and callback based
|Huge upfront cost to list new price feeds
|Pay as you go and permissionless creation of new functions
How does Switchboard V3 work?
Switchboard provides verifiable computation with the use of Trusted Execution
Environments (TEEs). A TEE is a secure area within a device's hardware or
software that isolates sensitive data and code from the rest of the system.
Intel Software Guard Extensions (SGX) is a hardware-based technology that
provides TEE capabilities. Switchboard leverages SGX to run a user's custom code
within its own SGX runtime and provides the attestation service to verify
on-chain that the quote generated from the executed code matches the expected
measurement set by the user on-chain with their
Read the What are TEEs? page for more information.
Use cases of Functions
Switchboard Functions is limitless and the mother of all of the following products
- Push based Data Feeds
- On-demand / Callback based Data Feeds
Read the Switchboard Function page for more information.