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Building Blocks of Decentralized Finance: Smart Contracts and Oracles

Posted by kajal on October 4, 2023 at 12:53pm 0 Comments

Decentralized finance, or DeFi, relies on two fundamental components to operate effectively: smart contracts and oracles. Understanding how these technologies work is crucial to comprehend the underlying infrastructure of the DeFi ecosystem.

Smart contracts are self-executing contracts with predefined rules and conditions. They are written in code and…


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