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ChainLink (LINK)

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ChainLink is a blockchain platform that is building a protocol to facilitate better usage of smart contracts for real world applications. Launched in 2017 by Sergey Nazarov, the platform’s use cases can roughly be described as focusing on digital agreements.

There are two core components to ChainLink’s architecture: on-chain infrastructure, i.e. smart contracts; and off-chain infrastructure, i.e. real world data meant to be used with the smart contracts. The whole platforms comes together with ChainLink’s decentralized oracle network, which uses multiple nodes to deliver data to smart contracts and avoid single points of failure. 

ChainLink node operators can offer an API for purchase by smart contracts, and larger companies can sell their data to smart contracts. 

ChainLink is already working with several established companies, including Google and the Web3 Foundation. Founder of popular digital signing platform DocuSign, Tom Gonser, is also an advisor to the project.

The project does not have a roadmap. However, its Github repo and Pivotal tracker offers a good glimpse into development progress. Both contain detailed information on what the development team has in mind for the upcoming months. Current development tasks include multi-account wallets, service agreements and general network upgrades.


How to Buy Chainlink (LINK)? The Monster That Just Painted a New ATH!

55 minutes ago 2 minute read 0 comments Nek1d

Okay, I thought about this for some time and I think it’s time to take a step back from Decentralized Finance and take a look at some monster projects with tremendous potential.  The first one that popped into my mind when I thought about the above c...

BSN Integrates Chainlink Oracles, Bringing Real-World Data Into Its IRITA Powered Network

4 hours ago 5 minute read 0 comments Cosmos Network Family and Friends

China’s recently launched national Blockchain Services Network (BSN) is bringing Chainlink oracle functionality to its network. This key integration will enable governments and enterprises to incorporate validated real-world data into their BSN appli...

Kusama - Polkadot's Wild Cousin!

15 hours ago 1 minute read 3 comments Sapphire

A Canary Network By now you would have seen Polkadot starting to get some serious attention from a select few in the Crypto space. Kusama was founded by the founder of Polkadot, Gavin Wood. Gavin was also a co-founder and CTO of Ethereum. The officia...

Analyst predicts next bull run will see Bitcoin price to $150k and Ether $9k

18 hours ago 1 minute read 0 comments Vms_Crypto

Blockfyre is a cryptocurrency analysis company, the co-counder Simon Dedic stated the next bull run will rocket Bitcoin to $150k, Ether to $9k alongside a few other cryptos to outperform rest of the market. Although the 2017 bull run saw every singl...

🗞 Daily Crypto News, July, 3rd 💰

3 Jul 2020 4 minute read 1 comment Crypto_Lemon

Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull Run Level: Report; This Is What EU Wants From Blockchain and DLT; Huobi Becomes First Major Exchange to Run a Chainlink Node; DeFi Insurer Nexus Mutual Maxed Out by Yield-Farming Boom; Stock in Cry...

Huobi Wallet Becomes Chainlink Node

3 Jul 2020 1 minute read 2 comments Abhi K

Huobi Wallet will run a Chainlink Node, after the exchange announced on June 3 that it would undertake a “two-part integration” with Chainlink (LINK).  First, Huobi will make its exchange price data with Chainlink’s oracles. As a result, developers...

Chainlink news: Huobi exchange will use Chainlinks Oracle system.

3 Jul 2020 1 minute read 13 comments LiquidAttic

Today a piece of news that I think was interesting to share. Chainlink continues to progress in the number of partners, companies and projects that use or will make use of Chainlinks Oracle. Huobi and Chainlink Huobi a cryptocurrency exchange will us...

Chainlink (LINK) News 2020 | Real news | June

2 Jul 2020 2 minute read 2 comments Shiyoru

Tired of price prediction news on coins & tokens you're following?  So was I.  We curate real news feeds that are both objective and informative. Strictly non-speculative news.  You'll find our articles will always be grouped into 3 categories:  Coin...

Tellor vs. Band Protocol - The Clash Of Oracles For Decentralized Finance

1 Jul 2020 4 minute read 8 comments Cryptonator`s Airdrop Hunt

Decentralized projects are the ones that I believe stand to make significant gains and provide very interesting passive income opportunities over the coming years. All Decentralized Finance applications need price feeds on token swap and loan collate...

Long term 04/2020 : BTC vs ETH vs Chainlink vs CRO vs Energi vs Tezos

1 Jul 2020 1 minute read 0 comments Savastano

Long term Crypto 04 / 2020 (period 1 June 2020 - 1 July 2020). BTC vs ETH vs Chainlink vs CRO vs Energi vs Tezos. 6. Tezos (-18,53%)Many people have a big expectations with Tezos. Was some gains, that Tezos is here. But firstly - other cryptos gave m...