How exactly does data that's off-chain make its way onto the blockchain? Like, what’s the tech behind moving stuff from outside the blockchain to on-chain? I’m curious about how the data gets verified and securely passed along. How do we make sure that the info coming from off-chain stays accurate and trustworthy once it’s on the blockchain?
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@ShubhadaJP • Aug 12, 2024
Off-chain data is brought onto the blockchain through oracles. These oracles are specialized services that fetch and verify real-world data before feeding it into the blockchain.
Oracles act as bridges between the blockchain and external sources, like financial markets or weather reports. They ensure that the data integrated into smart contracts is accurate and reliable. By validating the information before it reaches the blockchain, oracles help maintain the integrity and security of the data, making sure that the blockchain's decisions are based on trustworthy inputs.
@AmandaS • Aug 28, 2024
Alright, imagine this: off-chain data gets to the blockchain using something called "oracles," which are like little messengers. They grab info from the real world, check it to make sure it’s true, and then bring it onto the blockchain. Once it's there, the data is safe and can’t be changed. So, oracles make sure everything that goes on the blockchain is accurate and trustworthy.
