Decentralized Oracle Network

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See also, our entry on: Blockchain Oracles


Description

ChainLink:

A "Decentralized Oracle Network, or DON for short, combines multiple independent oracle node operators and multiple reliable data sources to establish end-to-end decentralization. DONs enable the creation of hybrid smart contracts, where onchain code and offchain infrastructure are combined to support advanced decentralized applications (dApps) that react to real-world events and interoperate with traditional systems."

(https://chain.link/education/blockchain-oracles)