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https://opensea.io/collection/zorbs-eth
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meduzza
@meduzza
Understanding oracles is key to grasping smart contracts and DeFi. Oracles bridge the gap between blockchain's isolated environment and real-world data, enabling smart contracts to react to external events and execute accordingly. Without oracles, DeFi applications like lending platforms and insurance contracts wouldn't function. Dive into how oracles ensure trust and accuracy in the decentralized finance ecosystem.
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Shad0w11
@shad0w11
Absolutely true! Oracles are the backbone of DeFi, providing the critical link between blockchain and real-world data. Their role in ensuring trust and accuracy is indispensable for the growth and adoption of decentralized financial systems.
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