Watcher (OMG Foundation) Definition
The Watcher is a software service provided by OMG Network, previously known as OmiseGo, which is used to validate and interact with the network’s childchains. The main purpose of a Watcher is to track certain activities on the childchain and rootchain, while providing security to clients who are making or observing transactions on the network.
Watcher (OMG Foundation) Key Points
- A part of the greater OMG Network system, designed to offer scalability and interconnection for Ethereum.
- Serves as a protective measure for those interacting with the network, scrutinizing all activities transpiring on child and root chains.
- Defines events that occurred on the rootchain and monitors the childchain data integrity.
- Enables users to validate transactions without running a full node.
What is Watcher in OMG Foundation?
The Watcher is essentially a protective measure for all users who interact with the OMG Network. It is used to monitor the transactions happening on the childchain, identify any fraudulent activities, alert users of any anomalies and provide accurate data to the users.
Why has Watcher been instituted?
The institution of the Watcher was deemed necessary to provide an extra layer of security for users. By accurately keeping tabs on all transactions, ensuring data integrity and promptly notifying users of any suspicious activities, the Watcher empowers end-users with critical information furthering user control over their transactions.
Where can the Watcher be implemented?
The Watcher is implemented on the OMG Network. It particularly scrutinizes the activities transpiring on the childchain and rootchain of the OMG Network.
When does the Watcher come into play?
The Watcher comes into play whenever transactions are made on the OMG Network. It is activated the moment any interaction begins on the childchain or rootchain, and continues monitoring for anomalies until the transaction process is concluded.
How does the Watcher interact with the OMG Network?
The Watcher is designed to interface with the childchain and rootchain of the OMG Network. It keeps close tabs on these chains and watches for inconsistencies or suspicious activities. It doesn’t validate or confirm transactions, but it communicates any potential problems to users, allowing them to pause transactions or investigate further. Thus, it serves as an essential safety net in the OMG Network’s functioning.
