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Oracle

What does Oracle means?

Oracles are third-party services connecting the blockchain to data outside of its ecosystem. The blockchain doesn’t interact with real-world data by default, but oracles make this possible. Smart contracts within the blockchain invariably depend on data fed to them by oracles to make decisions.

Random Slangs

Mining

It’s the cryptocurrency generation process. And it involves adding verified blocks to the blockchain to maintain its integrity through a proof of work (PoW) process.

Polygon

A scaled Ethereum blockchain technology layer that allows you to transact faster at a lower cost relative to the primary Ethereum blockchain. Its underlying cryptocurrency

Smart contract

A program on the blockchain that runs automatically only when transacting parties satisfy predefined conditions. Hence, unlike real-life contracts, you can’t alter smart contracts once

GameFi

A blend of Game and Defi (decentralized finance). It’s a system where people get real-life financial returns for playing digital games. Generally, it defines the

Mods

A short way of writing “moderators.” Mods are individuals appointed by an NFT community to maintain healthy communication on Discord and other collaborative platforms. Depending

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