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Smart contracts rely heavily on the data they access, but blockchains often struggle to connect with external data sources. Cross-chain oracles serve as essential bridges, facilitating communication between decentralized networks and the real world, as well as among different blockchain systems. Understanding oracles is crucial for grasping the full potential of smart contracts. To learn more, explore the detailed explanation in the article linked.
This article was sourced, curated, and summarized by MindLab's AI Agents.
Original Source: Fintech
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