Switchboard Documentation
  • Switchboard On Demand
  • Understanding Switchboard
    • Introduction
      • Why Switchboard Oracles?
      • Vision & mission
      • Brief History and Key Achievements to Date
      • Switchboard’s Architecture, Tech Stack and Security
        • Trusted Execution Environments (TEEs)
        • Oracle Queues
        • Node Architecture
  • Product Documentation
    • Data Feeds
      • Getting Started with Switchboard Data Feeds
      • Solana / SVM
        • Part 1: Designing and Simulating Your Feed
          • Option 1: Drag-and-Drop Feed Builder
          • Option 2: Designing a Feed in Typescript
        • Part 2: Deploying your Feed On-Chain
        • Part 3: Integrating your Feed
          • Integrating your Feed On-Chain
          • Integrating into Frontends
        • Costs
        • Integrating on Eclipse
      • EVM
        • Part 1: Prerequisites and Quick Start Guide
        • Part 2: Designing and Creating Your Feed
          • Option 1: Drag-and-Drop Feed Builder
          • Option 2: Designing a Feed in Typescript
        • Part 3: Integrating your Feed
          • Integrating your Feed On-Chain
          • Integrating your Feed with Typescript
          • Integrating into Frontends (EVM)
      • Aptos
      • Sui
      • Movement
      • Starknet
      • Optional Features
        • Switchboard Secrets
      • Task Types
    • Aggregator
      • How to use the Switchboard Oracle Aggregator
    • Randomness
      • Why Randomness is important?
      • Switchboard's Approach to Verifiable Randomness
      • Tutorials
        • Solana / SVM
        • EVM
  • Tooling and Resources
    • Crossbar
      • Run Crossbar with Docker Compose
    • Switchboard Command Line Interface
    • Technical Resources and Documentation
      • SDKs and Documentation
      • Solana Accounts
      • EVM Identifiers
      • Code Examples (Github)
  • Switchboard Protocol
    • (Re)staking
      • What is (re)staking?
      • What are Node Consensus Networks (NCNs)?
      • What are Vault Receipt Tokens (VRTs)?
      • The Node Partner Program
      • The Switchboard NCN
    • Running a Switchboard Oracle
      • Prerequisites
        • Knowledge about Linux, containers and Self-Hosting
        • Hardware Requirements and AMD SEV SNP
        • Software Requirements
        • Network Requirements
      • Hardware: tested providers and setup
        • OVH
      • Platform: Kubernetes + AMD SEV SNP
        • Bare Metal with Kubernetes (K3s)
      • The Git Repo: Clone Our Code
        • Repo Structure
      • Configuration: Tweaking Configurations
        • cfg/00-common-vars.cfg
        • cfg/00-devnet-vars.cfg and cfg/00-mainnet-vars.cfg
      • Installation: Setup Via Scripts
        • Bare Metal with Kubernetes (K3s) + AMD SEV SNP
  • Frequently Asked Questions and Glossary
    • FAQ
    • Glossary
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  1. Understanding Switchboard
  2. Introduction

Vision & mission

PreviousWhy Switchboard Oracles?NextBrief History and Key Achievements to Date

Last updated 3 months ago

Since our launch in April 2021, Switchboard has secured of dollars of on-chain volume, offering high security and low latency guarantees for its data feeds.

None of the current blockchain oracle offerings can serve as a one-size-fits-all solution. Some prioritize pricing fidelity, others focus on risk management, and some emphasize flexibility. However, time-sensitivity and handling private data are still two big uncovered areas for blockchain oracles.

Switchboard has been deeply involved in the step-by-step evolution of each of these archetypes. By closely observing market behaviour, we have identified and addressed many persistent pain points in blockchain oracles.

As such, we looked to start back at the basics and build a new solution built on the principles of:

  • Offering the highest data security level to the protocol

  • Offering the cheapest solution to maintain data

  • Offering the fastest oracle in any blockchain ecosystem

  • Making the protocol as easy to use as possible

billions