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Quiz Entry - updated: 2026.07.30

What is Chainlink?

The best-known decentralized oracle network: a general-purpose framework that aggregates many independent node operators (and data sources) into a single trustworthy on-chain answer.

It realises the "distributed oracle" mitigation for the oracle problem, decentralizing at both the oracle and the data-source level. Its price feeds are a widely used inbound-oracle product.

From Quiz: IOTHACK / IOTHACK Glossary | Updated: Jul 30, 2026