Research corpusData and agentsBLC-STUDY-0108
UMA Data Verification Mechanism: Adding Economic Guarantees to Blockchain Oracles
An oracle that does not answer every question in real time. It prices the cost of bribing the token holders who would resolve a dispute, and it asks contract designers to keep the profit of a lie below that cost. The draft is an economic argument, not a feed you can read as truth.
- Official external source only
- Design paper
- Official source
Record
- Authors
- UMA
- Date
- 2020
- Publisher
- UMA
- Version
- Source cited by the 2020 study. The study is the reading. This page does not add a second essay.
- Document ID
- BLC-STUDY-0108
- DOI
- None recorded
- Last reviewed
- 1 October 2026
- Licence
- No licence recorded. Rights status under review.
No hash is published. This build does not store those PDF bytes, so a checksum would be invented. Where a legacy path exists, it points at the Internet Archive copy of the old library.
Direct answer
An oracle that does not answer every question in real time. It prices the cost of bribing the token holders who would resolve a dispute, and it asks contract designers to keep the profit of a lie below that cost. The draft is an economic argument, not a feed you can read as truth.
Where to read
- Official source — UMA DVM draft v0.2, 2020
- Blockchain Lab study, the canonical readingOriginal commentary. Not a transcription of the paper.
Metadata and commentary only. The reading is the study page.
Full text
Full text is not published on this page. Public availability is not a licence to republish a document. Blockchain Lab has not recorded a licence that permits an HTML transcription, a training set, or a retrieval corpus of the paper. Text on this page is Blockchain Lab's own wording, or a pointer to a study that is also Blockchain Lab's wording.
What changed
The study separates the text from later network behaviour. This bibliographic page does not repeat that essay.
Relationships
Cite this record
These citations point at the source document. They are not a licence to copy it.
Author–date
UMA (2020). UMA Data Verification Mechanism: Adding Economic Guarantees to Blockchain Oracles. UMA. https://github.com/UMAprotocol/whitepaper/blob/master/UMA-DVM-oracle-whitepaper.pdf
BibTeX
@techreport{uma2020,
title = {UMA Data Verification Mechanism: Adding Economic Guarantees to Blockchain Oracles},
author = {UMA},
year = {2020},
institution = {UMA},
url = {https://github.com/UMAprotocol/whitepaper/blob/master/UMA-DVM-oracle-whitepaper.pdf},
note = {Rights status: Official external source only. Blockchain Lab record: https://blockchainlab.com/research/corpus/papers/uma}
}RIS
TY - RPRT TI - UMA Data Verification Mechanism: Adding Economic Guarantees to Blockchain Oracles AU - UMA PY - 2020 PB - UMA UR - https://github.com/UMAprotocol/whitepaper/blob/master/UMA-DVM-oracle-whitepaper.pdf N1 - Rights status: Official external source only ER -
CSL-JSON
[
{
"type": "report",
"id": "BLC-STUDY-0108",
"title": "UMA Data Verification Mechanism: Adding Economic Guarantees to Blockchain Oracles",
"author": [
{
"literal": "UMA"
}
],
"issued": {
"date-parts": [
[
2020
]
]
},
"publisher": "UMA",
"URL": "https://github.com/UMAprotocol/whitepaper/blob/master/UMA-DVM-oracle-whitepaper.pdf",
"note": "Rights status: Official external source only. Not a licence to republish the paper."
}
]Rights record
- Source status
- Official source
- Use status
- Metadata and commentary only. The reading is the study page.
- Rights
- Official external source only
- Training and retrieval
- Not permitted from this site. There is no rights-cleared full text to retrieve or to train on.
