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|Delphi Systems（PHI）||1st||Pending statistics|
Though smart contracts have incredible potential, they are blind to the world beyond the blockchain. For
external information, these applications need oracles to provide them with data. Since a contract's input
determines its result, the oracle involved with a smart contract ultimately has the power to decide how
that contract behaves.
So far, the approaches to the so-called Oracle Problem have each fallen into one of two categories:
centralized oracles (which can defeat the purpose of even doing things with a smart contract at all) and
rigid oracular consensus engines, which are difficult (and expensive) to develop, use, and upgrade.
We are taking a different approach: rather than committing to one particular solution, we're focusing on
building extensible distributed frameworks and full-fledged signaling mechanisms. With these tools, we aim
to build a worldwide oracle marketplace and ecosystem, and unlock the true power of the blockchain.