Oracles

Av Cryptomcmillan1 | Uppdaterades den 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.

Dela detta med en vän!

Relaterade termer

Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
Peer to peer
A communication protocol that does not require a central hub
Money Printer Go Brrr
A meme made to describe the US Fed printing excessive amount of money to support the traditional financial market to avert the stock market crash during the COVID-19 coronavirus pandemic.
Bitcoin ATM
A machine from which you can buy or sell Bitcoin. Typically also offers different types of cryptocurrencies.
Vill du lära dig mer?
Tillbaka till Ordlista eller Prenumerera på vårt nyhetsbrev.
coingecko (thumbnail mini)
CoinGecko för iOS
coingecko (thumbnail mini)
CoinGecko för Android