Skip to content

SEDA Network

What is SEDA?

SEDA (Secure Data Access) is a data transmission and computation network that goes beyond traditional oracle functionality. It provides a permissionless environment for developers to deploy and utilize data feeds with advanced computational capabilities.

Overview

SEDA revolutionizes blockchain data access by offering a modular, permissionless network for fetching, computing, and delivering data across multiple blockchain networks. It combines secure data transmission with off-chain computation to enable complex data operations for blockchain applications.

Key Components

  • SEDA Chain: Used for settlement and data storage for distribution.
  • Overlay Network: Multi-Party Computation (MPC) network for data querying and computation.
  • Solvers: Entities forwarding data requests and results between chains.
  • Data Providers: Private entities supplying data to the SEDA Network.

Key Features

  • Multi-Chain Native: Compatible with various blockchain networks.
  • Fast and Scalable: Efficient data processing and delivery.
  • Proof-of-Stake for Data Provision: Secure and incentivized data provision.
  • Permissionless: Open access for all participants.
  • Highly Programmable: Customizable data feeds and computations.
  • Forkless Upgrades: Seamless network improvements.
  • Decentralized Governance: Community-driven decision making.
  • Oracle Extractable Value (OEV): New revenue stream for data providers.

Core Functionalities

Data Transmission

Enables secure and efficient transfer of data from various sources to destination blockchains.

Off-Chain Computation

Allows complex computations on fetched data before delivery to smart contracts.

Incentivized Data Provision

Data providers earn revenue based on data utilization and value.

Benefits for Developers

  • Access to both public and private data sources.
  • Ability to perform complex off-chain computations.
  • Customizable data feeds and computation instructions.
  • Seamless integration with various blockchain networks.

SEDA provides a comprehensive solution for blockchain data needs, offering developers powerful tools to access, compute, and utilize data across multiple networks in a secure and efficient manner.

Learn more at SEDA Documentation