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P1oneer11
@p1oneer11
Oracles are the lifeblood of smart contracts and DeFi, bridging the gap between blockchain's internal data and the real world. They provide essential external data, enabling smart contracts to execute based on real-world events, like price feeds or weather reports. Without oracles, DeFi apps would be limited to on-chain data, severely restricting their functionality and potential. Dive into how oracles enhance security, transparency, and efficiency in decentralized finance.
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