What Is a Blockchain Oracle?
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Revolut partners with DeFi oracle Pyth Network
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Oracles provide a way for the decentralized Web3 ecosystem to access existing data sources, legacy systems, and advanced computations. Decentralized oracle networks (DONs) enable the creation of hybrid smart contracts, where onchain code and offchain infrastructure are combined to support advanced decentralized applications (dApps) that react to real-world events and interoperate with traditional systems
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