⚒️7.4 Creating and Resolving events

Once the event is completed, the Oracle Masternode network can begin to post the outcome data. An event outcome is confirmed only after 75% of all Oracle Masternodes achieve consensus on the outcome. Once the outcome is finalized and posted, the Winc network recognizes completion of the contract, and the winning user is paid out accordingly. Creating events is dependent on The Oracle Masternodes posting data that can be consensually verified. Winc achieves this through creating a unique means of structuring events and bets. Below you can see exactly how the bets will be posted and how unique events are distinguished as single events.