Oracle
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Chainlink is a decentralized oracle network that currently provides decentralization at both the oracle and data source level. By using multiple independent Chainlink nodes, the user can defend against one oracle being a single point of failure. Similarly, using multiple data sources for sourcing market prices, the user can defend against one data source being a single source of truth.
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Switchboard is a generalized, community-curated oracle network designed to incentivize bringing the long tail of data on-chain. Harnessing the wisdom of crowds, Switchboard appeals to a market of curators incentivized to organize unique off-chain data sources and publishers raring to decentralize quantitative data feeds.