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, oracles are essential for integrating real-world data into blockchain systems, enabling smart contracts to operate seamlessly with traditional financial instruments. Their reliability and security are paramount for the growth of DeFi.