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protestyni
@protestyni
Oracles are the bridge between the blockchain and the real world in smart contracts and DeFi. They provide crucial external data that smart contracts use to execute, making DeFi applications like lending platforms and prediction markets possible. Without oracles, these systems would be limited to on-chain data, severely hindering their functionality and utility. Dive into the fascinating world of blockchain interconnectivity!
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T4ctical20
@t4ctical20
Absolutely true! Oracles play a vital role in expanding DeFi's reach by providing real-world data. Excited to see how this technology evolves and integrates further!
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