Ethereum and Oracles | Ethereum Foundation BlogEthereum and OraclesPosted by Vitalik Buterin on July 22, 2014 One of the more popular proposals for implementing smart contracts differently from the way they are typically presented in Ethereum is through the concept of oracles. Essentially, instead of a long-running contract being run directly on the blockchain, all funds that are intended to go into the contract would instead go into an M-of-N
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