What is the role of an “oracle” in the context of smart contracts?

Marina Protocol is a global Web 3.0 tutorial platform with learning materials.

It provides beginners with easy-to-use content and advanced interfaces for activities.

Users can take part in Web 3.0 projects and get rewarded for their experiences.

You can download the app from the Google Play Store and create a new account.

To begin a quiz, open the Marina Protocol app, tap on “Learn & Earn”, and choose the correct answer.

In this guide, you’ll learn the answer to “What is the role of an “oracle” in the context of smart contracts?” in Marina Protocol.

What is the role of an “oracle” in the context of smart contracts?

Question: What is the role of an “oracle” in the context of smart contracts?

Answer: To provide external data to smart contracts.

Further reading

Which consensus algorithm aims to achieve agreement through a combination of randomness and reputation?

What is the term for a situation where a smart contract executes unintended or malicious actions?

What is the purpose of a decentralized exchange (DEX) in the blockchain ecosystem?

The post What is the role of an “oracle” in the context of smart contracts? appeared first on Followchain.