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Dr. Mia von Steinkirch 2022-10-16 12:04:46 -07:00 • committed by GitHub
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oracles/README.md
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<br> <br>
### tl;dr
* Oracles provide a trustless way of getting extrinsic (off-chain) information. * Oracles provide a trustless way of getting extrinsic (off-chain) information.
* They provide the some key functions such as collect data from an off-chain source, transfer the data on-chain with a signed message, and make the data available by putting it in a smart contract’s storage. * They provide the some key functions such as collect data from an off-chain source, transfer the data on-chain with a signed message, and make the data available by putting it in a smart contract’s storage.
* price oracles are any tool showing an asset's price but in context of defi
<br> <br>
### chainLlink ----
### chainlink
A decentralized oracle network consisting of three key smart contracts: A decentralized oracle network consisting of three key smart contracts: