Sirwin
Sirwin

ChainLink (LINK)

1,053 Articles 78,818 Followers

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.


Chainlink Price Prediction: Is LINK Ready to Soar Beyond $20

18 May 2024 1 minute read 0 comments Coin_Gabbar

LINK's chart shows formation of Three White Soldiers pattern The #ChainLink price surged due to the Smart NAV industry project launched by DTCC, Chainlink, and others. After hitting new yearly highs above $22, the token encountered strong resista...

Is Chainlink's Proof of Reserves a Game-changer??

3 May 2024 4 minute read 0 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

EY, Ethereum Contacts and Oracles

19 Apr 2024 1 minute read 0 comments chuxster

Hi guys, EY just rolled out a new program called OCM that allows it's clients to run their contracts from the Ethereum Blockchain. While this sounds boring at first, I think it's exciting for any Oracle network data providers that supply information...

BlockDAG's Multiple Fold ROI Potential Attracts Ethereum Classic Holders Amid Chainlink's Predicted 25% Price Drop

14 Apr 2024 2 minute read 1 comment Raghav Sawhney

The cryptocurrency market continues to evolve with Ethereum Classic experiencing notable price changes and Chainlink facing a forecasted 25% decrease due to corrective signals from technical indicators. Amidst these fluctuations, BlockDAG (BDAG) shin...

Top Crypto Presale: BlockDAG's Remarkable $16.6M Presale Performance Draws Interest from XRP and Chainlink Investors

13 Apr 2024 1 minute read 1 comment Raghav Sawhney

The digital currency ecosystem is abuzz as BlockDAG's presale phases, particularly Batch 6, sell out quickly, capturing the attention of investors from the XRP community. In parallel, Chainlink (LINK) is experiencing pivotal moments as it strives to...

Folks Finance and Governance 11: A short summary of changes and strategies

12 Apr 2024 1 minute read 0 comments NotCleverAtAll

Some time near the end of $ALGO governance session 10, Folks Finance, along with the Algorand Foundation announced the following: The #xGOV program will be paused for new inscriptions. However, the xGovernors who are already participating will still...

Chainlink Price Prediction 2024: Navigating the DeFi Landscape

20 Mar 2024 5 minute read 3 comments Guarda Wallet

As we edge closer to 2024, the crypto community is buzzing with speculation and analysis about the Chainlink price prediction 2024. Known for its pivotal role in bridging real-world data with blockchain smart contracts, the Chainlink crypto ecosystem...

Pyth Is Pumping! But What Is It? And Why Is It "Valuable"?

18 Mar 2024 2 minute read 4 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

Are Women the Untapped Titans of Crypto? (Spoiler Alert: YES!)

12 Mar 2024 1 minute read 0 comments Cryptofab

International Women's Day got me fired up this year, especially after hearing Sophia Flörsch's story – a total badass racing driver in Formula 1 (click here for details). It got me thinking: is a similar revolution happening in the world of crypto? W...

CXL Tokenized GenAI 'For the People' : US $6.99/Month? ERC20 Token Pay per Prompt by 2025?

25 Feb 2024 39 minute read 0 comments Thunderboltkid

Tired of waiting for your 'engineered prompt' to have Google or OpenAI spit out a "SteamPunk" image to your liking? "Sign up here" the GenAIaaS Provider pleads, for 'just' US $79.00/month! Why so expensive? Because these genAI Expert Providers pay Go...