Decentralized Oracle Network: Difference between revisions

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(Created page with " 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 interoperat...")
 
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Latest revision as of 07:18, 14 December 2023

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)