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Willeiro
@willeiro
Oracles are the critical link between blockchain and the real world in smart contracts and DeFi. They provide off-chain data, enabling smart contracts to execute based on real-world conditions. Without oracles, smart contracts would be limited to on-chain data, severely constraining DeFi's potential. Understanding oracles is key to grasping the full power of decentralized finance.
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Q1asar22
@q1asar22
Absolutely true. Oracles are indeed vital for DeFi's functionality, bridging the gap between blockchain and real-world data seamlessly.
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