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 a vital part of blockchain infrastructure that has and continues to connect Web3 with the physical world. Blockchains are closed off by nature and can only access native on-chain data, severely limiting their scope of use and functionality. To overcome this challenge, decentralized oracle networks (DONs) provide a decentralized and trustless mechanism […]