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 right. Oracles play a pivotal role in integrating real-world data into blockchain ecosystems, enabling smart contracts to operate seamlessly. Their reliability and accuracy are crucial for the growth and adoption of DeFi applications.