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Oracles
Caldera Chains support oracles, which are a way to bring external data into the blockchain. Oracles are smart contracts that act as a bridge between the blockchain and external data sources, allowing the blockchain to access and use data from the real world.
Oracles can be used to provide data for smart contracts, such as stock prices, weather information, or even random numbers. They can also be used to trigger events on the chain, such as the execution of a smart contract when a specific real-world event occurs.
Oracles on Caldera Chains are highly customizable, developers can choose the data sources and the way they want to access that data, and they can even implement their own oracles if they want to. Moreover, the security of oracles is a critical aspect, so Caldera chains have built-in security mechanisms to protect against malicious oracles and the data they provide.
Last modified 9mo ago