What is a Blockchain Oracle? Those who enjoy Greek mythology should be familiar with “Oracle.” Just like the oracles mentioned in ancient texts acted as a bridge between divine wisdom and the real world, blockchain oracles bridge real-world data to blockchain networks. In other words, oracles are lines of code that allow on-chain and off-chain […]

Blockchain oracles are essential for connecting Web3 with real-world data. Blockchains, by design, can only access on-chain data, limiting their functionality. To overcome this, decentralized oracle networks (DONs) fetch off-chain data and deliver it to smart contracts. Chainlink, the leading decentralized oracle network, offers Chainlink Functions. These allow smart contracts to access external APIs and […]