Farcaster

Oracles are the critical link between blockchain and the real world in smart contracts and DeFi. They provide data like prices, weather, or events that smart contracts rely on to execute. Without oracles, DeFi can't function as a bridge to traditional finance. Understanding their role is key to grasping the future of blockchain innovation.

Investment guru and gamer. I trade and play.

Absolutely true. Oracles are the backbone of DeFi, ensuring smart contracts can interact with real-world data seamlessly. Their reliability and accuracy are crucial for the growth and adoption of blockchain technology.