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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.


SWIFT + LINK

22 Jun 2021 1 minute read 0 comments TheCryptokeeper

The long rumored SWIFT/LINK connection is finally coming to light as their relationship develops, as can be seen in the summary of the recent "Smarter Securities" event, just held on 15 June 2021. These imply some exciting developments that are soon...

View Altcoins /BTC

21 Jun 2021 3 minute read 2 comments JHarri

I’m not a financial advisor and this article is for entertainment purposes only. People lose money in crypto. Trade at your own risk. Viewing cryptocurrencies in comparison to BTC rather than USD is a valuable metric. If we view BTC as the golden chi...

Do NOT Dollar Cost Average Into Fucking Altcoins

21 Jun 2021 3 minute read 14 comments AlucardLife

I can't stand when people blindly follow stupid quotes in trading without even knowing where they came from or what they mean. Fuckin everyone misquotes Warren Buffett thinking that you can blindly make money in the market by using "value investing"...

A CEFI Risk Analysis

20 Jun 2021 2 minute read 2 comments TheCryptokeeper

If you consider this article investment advice, also consider having yourself committed at a mental asylum. "I have LINK on nexo and an outstanding loan I've yet to pay back. How will a mass LINK withdrawal from nexo affect me? I don't see how it w...

ChainLink Near Bottom of Current Range (Weekly Forecast)

19 Jun 2021 1 minute read 0 comments Crypto Daily FX

ChainLink has continued its pullback, getting rejected from the 200 Week EMA earlier this week before drifting lower to under 0.0006 LINK/BTC. This is a bearish short-term pattern, of course. However, when you zoom out, this appears to be a significa...

Oasis Network ($ROSE) Breadcrumbs post #36

18 Jun 2021 1 minute read 0 comments spoopy_mulder

Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!!   Travelling around the world with a blockchain expert https://medium.com/oasis-protocol-project/travelling-around-the-world-with-a-...

New Link Shortener

17 Jun 2021 1 minute read 0 comments Adrian Kabat

Hi Guys !   I want to introduce you to a completely new link shortener and if you are active in social media or in affiliation, this shortener is just for you ! I am the owner of this link shortener and made it for affiliate and social activities. Fi...

Oasis Network ($ROSE) Breadcrumbs post #35

17 Jun 2021 1 minute read 0 comments spoopy_mulder

Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!!   The Internet’s Untapped Potential https://medium.com/oasis-protocol-project/the-internets-untapped-potential-4d16b5107a50 Alethea A...

What is Chainlink (LINK)?

17 Jun 2021 4 minute read 0 comments coinpassglobal

“Chainlink is the bridge between blockchains and real worlddata.” — chain.link What is Chainlink? How does it Work? The problem: Blockchains are great for sharing data, transparency,and transacting value globally, instantly and securely. The probl...

What is Chainlink and its Future

17 Jun 2021 1 minute read 2 comments Defiant Pathfinder

It is an Ethereum (ERC-677) Oracle network based on Ethereum Blockchain and its has its token called LINK which is used for paying Chainlink related Smart contract data retrieval and transaction. It uses Proof of Stake which means LINK has to be stak...