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April 16, 2026
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Glossary

Oracle

Oracle

A service that provides external real-world data to smart contracts on a blockchain.

Frequently Asked Questions: Oracle

What is Oracle?

A service that provides external real-world data to smart contracts on a blockchain.

Why is Oracle important in cryptocurrency?

Oracle is a key concept in the cryptocurrency and blockchain ecosystem. Understanding Oracle helps investors, developers, and users navigate the digital asset space more effectively.

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Oracle Attack

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A property of certain proof-of-work algorithms designed to prevent ASIC miners from gaining a dominant advantage over GPU miners.

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The difference between the highest buy price and the lowest sell price for a cryptocurrency on an exchange.

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