Definition ∞ A verifiable data source is an information origin whose accuracy and authenticity can be independently confirmed. Such a source provides data that is reliable and trustworthy, often through transparent methods or cryptographic proofs. This reliability is essential for systems that depend on external information for decision-making. It underpins confidence in data integrity.
Context ∞ In the blockchain and decentralized finance (DeFi) space, verifiable data sources are crucial for the secure and reliable operation of smart contracts and decentralized applications. Oracles, which feed external data to blockchains, must utilize verifiable sources to prevent manipulation and ensure the integrity of on-chain operations. News often highlights the importance of robust verification mechanisms to maintain trust in decentralized systems.
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