Oracles are self-contained nodes that collect efficiency information for each #hashtag listed on the protocol's NFT agreement. Consensus governs the validity of evidence acquired by oracles. Through staking their Tagcoins, every network member may acquire an oracle. They are in charge of assessing and evaluating these #hashtags starting from raw productivity data gathered from the web. The final output or results published to the mining contract are dependent on agreement among the several participating oracles.
The algorithm assigns a grading bucket to each #hashtag depending on their performance, which affects their revenue on a daily basis. By dividing the total number of #hashtags by 21, the grading system is calculated. For example, if the system registers 2100 #hashtags, they will be split by 21 and each bucket will have 100 #hashtags. Consider each of these containers to be a grade. As a result, all #Hashtags are evaluated from 1 to 21.
The goal of putting #hashtags into a grading system based on rank is to lower the cost of oracles broadcasting data to the Tagcoin Mining Contract. It also decreases the number of payments that the oracles must send to the staking agreement. One #hashtag in and one out of the grading buckets helps the system to regulate the mining system's scalability as well as its cost-efficiency.