Flow of the Protocol

Source: https://witnet.io/about

The Witnet protocol runs a single purpose blockchain with a token called WIT, which relies on a P2P network. The nodes on the network are called witnesses, and are incentivised by the WIT token to:

  • Retrieve, Attest and Deliver data from any open API

  • Mine a block to be added in the blockchain

  • Be a bridge-node and connect the Witnet protocol to other protocols, such as Ethereum

Witnet-Ethereum flow

Because the Witnet blockchain is free, open, and neutral, you can run your own nodearrow-up-right and mine blocks on the Witnet blockchain. Every node maintains the history of all the transactions on the blockchain.

Last updated