Decentralized Oracle Network

From P2P Foundation
Revision as of 07:18, 14 December 2023 by Mbauwens (talk | contribs) (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...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

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)

Retrieved from "https://wiki.p2pfoundation.net/index.php?title=Decentralized_Oracle_Network&oldid=139388"