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The Role of Oracles in DeFi: Trusting External Data Sources

  • Eric Guerr
  • April 3, 2023
  • Defi
  • #defi, Blockchain, Cryptocurrency, oracles, smart contracts
  • 0 Comments

Decentralized Finance, or DeFi, is a rapidly growing sector in the blockchain and cryptocurrency space. However, one of the biggest challenges that DeFi faces is how to obtain reliable and accurate data from external sources, which is necessary for smart contracts to function properly. This is where oracles come in. In this article, we will explore the role of oracles …

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