A service that feeds real-world data to blockchain smart contracts
Oracle is a fundamental concept in the crypto space. A service that feeds real-world data to blockchain smart contracts, and it plays a crucial role in the broader blockchain ecosystem. Understanding how Oracle works helps investors and traders make more informed decisions.
Oracle has widespread practical applications, from everyday transactions to long-term investment strategies. As the cryptocurrency market continues to evolve, the importance of Oracle will only grow. On NowCrypto, you can practice and learn about this through paper trading.