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Mastering Ethereum

You're reading from   Mastering Ethereum Implement advanced blockchain applications using Ethereum-supported tools, services, and protocols

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Product type Paperback
Published in Apr 2019
Publisher Packt
ISBN-13 9781789531374
Length 490 pages
Edition 1st Edition
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Author (1):
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Merunas Grincalaitis Merunas Grincalaitis
Author Profile Icon Merunas Grincalaitis
Merunas Grincalaitis
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Table of Contents (17) Chapters Close

Preface 1. Section 1: Blockchain - Ethereum Refresher FREE CHAPTER
2. Blockchain Architecture 3. Ethereum Ecosystems 4. Ethereum Assets 5. Section 2: Decentralized Application Development Workflow
6. Mastering Smart Contracts 7. Mastering dApps 8. Tools, Frameworks, Components, and Services 9. Deployment on Testnet 10. Various dApps Integrations 11. Decentralized Exchanges Workflow 12. Section 3: Ethereum Implementations
13. Machine Learning on the Ethereum Blockchain 14. Creating a Blockchain-based Social Media Platform 15. Creating a Blockchain-Based E-Commerce Marketplace 16. Other Books You May Enjoy

Building your own Oracles

Oracles are external applications that help your smart contract receive information from the outer world to perform some functions outside of what's possible inside Solidity or Vyper. How they work is simple: you create a centralized server that calls specific functions of your smart contract when needed.

They are used to generate random numbers, to provide live price data, and to show information from websites. As you know, smart contracts can't generate random numbers because there can't be any uncertainty regarding being able to avoid unexpected situations in the blockchain.

In this section, you'll learn how to create an Oracle to generate a random number between 1 and 100 for a game on the blockchain. There are already oracles doing these tasks, namely Oraclize, which has been used for a long time with Solidity.

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