Oracle

What is an oracle?

Oracle Definition: An oracle performs specific actions within the Ethereum blockchain that originate outside the network, such as political changes, weather, and other news. This information is collected within the blockchain and is used to make decisions, such as creating a smart contract or how to dispense money within the system.

An oracle also functions to provide or perform a series of tasks, which are completed automatically, which helps facilitate several tasks within the Ethereum platform.

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