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Ali sabanoglu

Ali sabanoglu

GORACLE

1 min readJan 24, 2023

Goracle is a unique decentralized oracle network built on the Algorand blockchain, enabling a secure transition as independent sources of decentralized node networks, universally connected to provide critical off-chain, real-time external data feeds that meet the requirements of complex smart contracts.

Gorecle is a framework that allows any web application to communicate with any data source without having to write an API. Smart Contracts, stock market, cryptocurrency exchange, airline delays, transportation, savings and prediction markets can be accessed via REST APIs that traditionally use GET or POST requests.

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Currently, Goracle can be used in the emerging cryptocurrency gaming industry to simulate real-world events and change the look of an NFT. This could also allow data streams to facilitate changes in NFTs.

Developers can now ask specific questions and find the right price for whatever they need to buy, instead of relying on bulk prices from different price providers. For example, users can rely on Goracle’s new Discovery Protocol to get prices they think are correct only if they suspect other providers’ prices are incorrect, rather than averaging prices provided by different price providers. This is much more important. more than it looks! We’re currently testing this with data like retail prices, sports results, and even blockchain metadata.

Goreacle is a oracle solution for decentralized platforms. Using blockchain technology and smart contracts, we are creating a completely decentralized process to ensure that data is impossible to be manipulated by anyone. The Goreacle platform is built on a decentralized network that provides accurate and real-time information to all types of smart contracts.

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