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How Does a Price Feed Oracle Differ from a Randomness Oracle in Blockchain Applications?

Price feeds provide continuous financial data; randomness oracles provide unpredictable numbers for non-financial applications.
Greeks.Live16.11.25

How Does a Price Feed Oracle Differ from a Randomness Oracle in Blockchain Applications?

A Price Feed Oracle is designed to provide specific, verifiable, and continuously updated external financial data, such as the spot price of an asset, which is critical for derivative contracts. A Randomness Oracle, in contrast, provides a cryptographically secure, unpredictable, and verifiable random number.

The Randomness Oracle is used for applications like gaming, lotteries, or fair distribution mechanisms, while the Price Feed Oracle is essential for financial operations like margin calls and settlements.

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