The alternative was previously flooding every project and downloading a massive gigabytes of data from the projects. It wasn't maintainable and a project left from the large amount of bandwidth it used up. As Gridcoin grew, it became a larger and larger issue. As well, some projects are now requiring tokens to access the stats (for GDPR reasons), so for some project, it became impossible to reward them without anything like this
> ...seeming to be a buzzword that tries to provide some technical legitimacy...
I'd also note that most things about Gridcoin usually doesn't use the term oracle (uses scrapers instead). I was using it here since I thought it would be a term more here were familiar with