Simple Median Rule

Definition ∞ The Simple Median Rule is a method for aggregating data or making decisions by selecting the middle value from a sorted set of inputs. This approach is robust against outliers and extreme values, providing a stable representation of the central tendency. It is often employed in distributed systems to achieve agreement on a value.
Context ∞ In the context of blockchain and oracle networks, the Simple Median Rule can be used to aggregate data feeds from multiple sources to provide a reliable price or data point for smart contracts. News might discuss its application in decentralized finance (DeFi) protocols to ensure fair and tamper-resistant data inputs. The efficacy of such rules is frequently debated concerning their resistance to manipulation and accuracy in volatile digital asset markets.