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Mastering Blockchain Programming with Solidity
book

Mastering Blockchain Programming with Solidity

by Jitendra Chittoda
August 2019
Intermediate to advanced
486 pages
13h 52m
English
Packt Publishing
Content preview from Mastering Blockchain Programming with Solidity

Blockchain depends on off-chain oracles

On their own, a blockchain is a separate network. It uses P2P networking over the internet to keep sharing transactions between nodes, but it does not have a way to get the data from outside (such as any data present on the internet, other than blockchain data) of the blockchain network, also known as off-chain data.

For example, the Ethereum blockchain cannot fetch any data from the internet on its own. There are some third-party developed Oracle services; by using them, you can fetch the data from the internet to the blockchain and do your transactions.

If your application is highly dependent upon third-party data available on the internet, then you should not use blockchain. If your off-chain data ...

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Publisher Resources

ISBN: 9781839218262Supplemental Content