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.

Data Economy and Chainlink

10 hours ago 2 minute read 0 comments fmiren

Introduction The rate at which data is increasing nowadays is fascinating. IDC, the global market intelligence firm, estimates that data will increase from 33 to 175 zettabytes in 2025. That is 175 followed by 21 zeroes! Despite the sheer size of dat...

Late to the Game, First in Gain: Why Latecomers Win Big in Crypto Trading

24 Nov 2023 8 minute read 4 comments Sebastian Purcell, PhD

What do you do when you miss a coin like Solana (SOL) as the bull run takes off? Do you chase or wait for something else? The answer, counter-intuitively, is that being late pays more ... if you know what you're doing.  I'll explain in five steps, st...

Top 3 Altcoins I'm Excited About Right Now

17 Nov 2023 1 minute read 3 comments LocoSocioCrypto

While Bitcoin and Ethereum hold a very strong lead as the first and second cryptocurrencies by market cap, I thought I would switch it up and instead write about a few other altcoins that I am excited about for this bull run. All prices are listed in...

On-chain is the next online

15 Nov 2023 1 minute read 0 comments Ticktalker

Design, functionality and usage has been the major driving factors for everything that happens online. The internet has made the world a global village where information can be shared across in a split second. This web2 as know it is fueled and owne...

Crypto Market on Fire: Is It Time to Buy?

8 Nov 2023 1 minute read 5 comments Cryptofab

I recently read a very interesting analysis about the crypto market: Cryptocurrency prices soared in October 2023, with Bitcoin leading the way with a 28% gain. Other top performers included SOL (78% gain) and LINK (45% gain). The surge is being fue...

My One Mainstream Alt That Has Outperformed All Others

8 Nov 2023 2 minute read 3 comments Cje95

Even though it may not seem like it crypto has performed very well this year as Bitcoin has jumped from $16.6k on January 1, 2023, to over $35.5k and Ethereum has jumped from $1.1k to $1.9k. Naturally, these two have consumed most of the attention as...

Beyond the Hype: Timing the Crypto Maturity Cycle for Maximum Gain

4 Nov 2023 6 minute read 2 comments Sebastian Purcell, PhD

The cryptocurrency market forces the following imperative on you which you ignore at your financial peril: You must aim either for a long-term hold on something relatively established that will have lower likely gains or a short-term trade with a ne...

Ethereum Offers 5 to 1 Reward to Risk Ratio Over Bitcoin (And 2 Other Trades)

3 Nov 2023 3 minute read 2 comments Sebastian Purcell, PhD

Bitcoin is back! And with Sam Bankman-Fried behind bars, the bad news cycle for cryptos is also likely to abate. These two points, taken together, imply that altcoins, long lagging behind BTC, are poised to make relative gains. I think there are 3 pl...

Chainlink Price Analysis: LINK Reaches All-Time Highs

25 Oct 2023 1 minute read 1 comment COINTURK NEWS

LINK price continues to rise without stopping. Weekly gains reached 60% and the increase in the last 24 hours was 10%. The question of where the Chainlink price rally will end has already become a topic of curiosity. As of the writing time, LINK is t...

Is Chainlink Still a Good Coin?

24 Oct 2023 1 minute read 2 comments Aventurine

Is ChainLink still a good coin? It was on of the most hyped coins in the previous bull run, many project have implemented ChainLink as the oracle. Btw, if you don't know what ChainLink is here is 2min perfect explanation by Chainlink themselves!  If...