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🧙 A wise person 🔮 A prophecy 🏛️ A sacred place 💻 A data provider
oracle

oracle

1 7.7
A service that gives real world data to programs on a blockchain
  • noun
  • /ˈɔrɪkəl/
  • Specialized
translation icon : oráculo
  • Smart contracts use an oracle to receive external information for executing their functions, such as event outcomes.
  • computer oracles

So Fiat Chamir is sound in the random Oracle model for Kilian Mikhali.

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Examples

  • The blockchain relies on an oracle to supply accurate weather data for agricultural applications.

  • Suppose you have two oracles, and your task is to find out whether or not they have the same rule.

    Blog text (25)

  • So the the crypto Oracle is the auditable on chain.

    Lex Fridman

  • A plausible strategy is to follow the same strategy as you would if you had to find the rule of a single oracle; you always send the input that gives you the most bits about Oracle A's rule.

    Blog text (25)

  • So Fiat Chamir is sound in the random Oracle model for Kilian Mikhali.

    MIT OpenCourseWare

  • An oracle can provide real-time prices for cryptocurrencies, helping traders make informed decisions.

Synonyms

database
vsoracle
  • Specialized
402 3.4

A set of information stored on a computer that you can search and update

is focused on supplying external real world feeds to smart contracts
Bloomberg
vsoracle
67 4.9

A global company and computer service that provides financial news and market data

is designed to feed external real world data into smart contracts
online database
vsoracle
  • Texting
3 3.2

A collection of information on computers that people access over the Internet

is meant to provide external real world data specifically to smart contracts

Antonyms

disconnection
9 4.2

Being separate from people, things, or contact, for example losing internet

Idioms

to act like an oracle
8.6

To predict future events very accurately as if you already knew them

Compounds

Delphic oracle
  • Literature
9.9

A woman at Delphi in ancient Greece who gives mysterious advice from the god Apollo to people who ask

oracle of Delphi
  • Literature
9.6

A shrine in ancient Greece where a priestess gave mysterious messages from the god Apollo

Oracle of Apollo
  • Literature
9.9

A place in ancient Greece where a woman spoke for Apollo and gave unclear predictions

Surface Forms

oracle singular
oracles plural

Etymology

Oracle comes from Latin orare 'to speak', and a helpful way to remember the computing sense is to think of an oracle as a 'speaker' for the outside world: it gives smart contracts real-world data (like prices or weather) so they can act on outside information.