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A service that provides real-world data to smart contracts on the blockchain, enabling them to execute based on external information.

Transactions or processes that occur outside the blockchain, often to improve scalability or reduce costs.

Services that provide external data (e.g., weather, stock prices) to smart contracts on the blockchain.

The direct buying and selling of cryptocurrencies between parties, often used for large transactions to avoid market impact.

A governance model where decisions about a blockchain network are made outside the blockchain, often through forums or committees.

A governance model where decisions about a blockchain network are made directly on the blockchain, often through voting by token holders.

A requirement in DeFi lending where borrowers must provide collateral worth more than the loan amount to mitigate risk.