Smart contracts do not have access to external data. Such data is necessary for operation of various decentralized applications.Traditionally this is done by using a centralized servers called “Oracles”. But they are a single point of failure in otherwise decentralized applications and must be trustworthy.Razor Network is a decentralized oracle providing data to the smart contracts using a network of stakers. Razor is not only fast but also extremely robust and economically secure.
The core of Razor Network is a set of smart contracts, that can run on any Ethereum compatible blockchain. Razor relies on the underlying blockchain for providing certain properties such as censorship resistance, security from network partition attacks, etc.