# Witnet

> The most powerful oracle, provably.

Witnet connects smart contracts to external data sources through a decentralized oracle network with its own Proof of Stake blockchain and native WIT token.

Witnet is a decentralized oracle network that connects smart contracts to real-world data sources through a layer 1 blockchain using Proof of Stake consensus. The protocol enables smart contracts on multiple blockchains to access external data including price feeds, randomness generation, and API queries through a network of validator nodes that retrieve, attest, and deliver information. Node operators stake WIT tokens to participate in consensus and data retrieval, earning rewards for honest reporting while risking slashing for providing false data. The network serves various DeFi applications including price feeds, stablecoins, derivatives, and NFT randomness generation across various EVM-compatible chains through bridge contracts.

- Type: Project
- Sector: Infrastructure
- Status: Active
- Founded: 2018-01-01
- Profile: https://thegrid.id/profiles/witnet

## Products

- [myWitWallet](https://thegrid.id/profiles/witnet): myWitWallet is a web-based wallet for WIT tokens that enables instant transactions without requiring full blockchain synchronization, providing lightweight access to send and receive WIT through browser-based key management. The wallet generates and stores private keys locally in the browser, allowing users to quickly interact with the Witnet blockchain for basic transfer operations without downloading the full chain state or running validator software. (Wallet, Live)
- [Sheikah](https://thegrid.id/profiles/witnet): Sheikah is a desktop wallet application for Windows, macOS, and Linux that manages WIT tokens and enables users to create and deploy custom data requests to the Witnet oracle network. The wallet provides key management through 12-word seed phrases, transaction signing capabilities, and interfaces for configuring oracle query parameters including data source URLs, aggregation methods, and replication factors. Users can monitor their node operations, track minted rewards, and configure automated reward forwarding while the application handles local blockchain synchronization for full node operation. (Wallet, Live)
- [Witnet Network](https://thegrid.id/profiles/witnet): Witnet Protocol is a layer 1 Proof of Stake blockchain purpose-built for oracle functionality, enabling validator nodes to retrieve external data, reach consensus, and deliver information to smart contracts on multiple blockchain platforms through bridge connections. The blockchain maintains short block time with economic incentives where validators stake WIT tokens to participate in block production and data request resolution, earning rewards for accurate reporting while risking slashed collateral for dishonest behavior. The network employs cryptographic commitments and algorithmic reputation scoring to ensure data integrity, with validators competing for assignments based on past performance and staked collateral. (L1, Live)
- [Wit Oracle](https://thegrid.id/profiles/witnet): Wit Oracle provides decentralized oracle services for smart contracts across multiple blockchain networks, implementing data retrieval through randomly selected validator nodes that fetch information from external sources, aggregate results using consensus algorithms, and deliver tamper-resistant data to requesting contracts. The oracle supports various use cases including HTTP GET/POST requests to web APIs, GraphQL query execution, price feed aggregation from multiple sources, and verifiable random number generation through cryptographic commitments. Smart contracts pay WIT tokens to request data, with costs determined by replication factor, data source complexity, and required security parameters while validators compete to fulfill requests based on their reputation scores and staked collateral. (Oracle, Live)
- [Witnet Data Feeds](https://thegrid.id/profiles/witnet): Witnet Data Feeds provides pre-built price feed contracts deployed across multiple blockchain networks, offering smart contracts access to aggregated cryptocurrency and asset price data without requiring custom data request implementation. The feeds are maintained by the Witnet Foundation and updated at regular intervals through the Witnet oracle network, with each feed exposing standardized interfaces following ERC-2362 specifications for price pair queries. Developers integrate feeds by calling on-chain smart contracts that return latest price values with decimal precision, update timestamps, and query status codes while the underlying data aggregation and validation occurs on the Witnet blockchain. (Pricing Data API, Live)
- [Witnet Randomness Oracle](https://thegrid.id/profiles/witnet): Witnet Randomness Oracle generates verifiable random numbers for smart contracts through cryptographic commitments made by multiple validator nodes on the Witnet blockchain, with each node contributing entropy that is aggregated and made unpredictable until reveal time. Smart contracts request randomness by calling deployed oracle contracts on their respective chains, paying fees in native tokens which are bridged to compensate Witnet validators, with the resulting random values delivered through bridge relayers after validation consensus. The oracle ensures unpredictability through commit-reveal schemes where validators stake collateral and risk slashing for non-participation or manipulation attempts, making it suitable for applications requiring provably fair random number generation including NFT minting, gaming outcomes, and lottery systems. (Oracle, Live)

## Assets

- [Witnet (WIT)](https://thegrid.id/profiles/witnet): WIT is the native token of the Witnet blockchain. It is used to pay transaction fees, compensate nodes for resolving oracle queries, and stake in validator nodes to increase the probability of mining blocks and getting data request assignments. The network relies on cryptographic commitments by multiple anonymous, randomly selected nodes who are incentivized to remain honest and compete for rewards, with their stake slashed in case of misreporting. (Native)

## Links

- [Main](https://witnet.io)
- [Whitepaper](https://witnet.io/witnet-whitepaper.pdf)
- [Documentation](https://docs.witnet.io)
- [Twitter / X](https://x.com/witnet_io)
- [Telegram](https://t.me/witnetio)
- [Medium](https://medium.com/witnet)
- [Discord](https://discord.com/invite/witnet)
- [GitHub](https://github.com/witnet)
- [GitHub](https://github.com/witnet/my-wit-wallet)
- [GitHub](https://github.com/witnet/sheikah)
- [Reddit](https://www.reddit.com/r/witnet)

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- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
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- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

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- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
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- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP