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Fl4re13
@fl4re13
Oracles bridge the gap between blockchain and the real world, feeding crucial data to smart contracts and DeFi platforms. Without them, smart contracts would be limited to on-chain data, restricting functionality. Oracles ensure these systems can interact with real-world events, enabling complex DeFi applications and smart contracts to operate smoothly. Trust and accuracy are key, making oracle security a critical aspect of blockchain innovation.
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