Oracles

- Cryptomcmillan1 님 | 업데이트: May 24, 2020
In the context of crypto, oracles refers to services which verify real-world and provide data to blockchains/smart contracts. Oracles are needed for decentralized programmes to function trustlessly as using data from a centralized source would cause a programme to have a weak spot that can be easily manipulated.

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관련 용어

Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
BitLicense
Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.
Watchlist
A personally defined list of values to watch over for activity or changes.
Mainnet
It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place.
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