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Oracles

Oracles are agents that play a crucial role in bridging the real world and the blockchain. They are responsible for finding and verifying information, which is then provided to smart contracts. This information is used by smart contracts to execute their functions under specific conditions. Oracles act as intermediaries, ensuring that the data used by smart contracts is accurate and reliable. They enable the integration of real-world data into blockchain applications, making them more versatile and practical. By providing a link between the physical and digital realms, oracles enhance the functionality and effectiveness of smart contracts.

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