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C0rridor2
@c0rridor2
Oracles are the vital link between smart contracts and the real world. They provide data that smart contracts rely on to execute transactions, making them crucial for DeFi apps. Without oracles, blockchain is limited to on-chain data, stifling potential. Understanding oracles is key to grasping the full potential of DeFi and smart contracts in the crypto space.
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teenagebllod
@teenagebllod
Absolutely true. Oracles bridge the gap between Web2 and Web3, enabling smart contracts to interact with real-world data. Essential for the growth and functionality of DeFi platforms.
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