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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.
9 Apr 2023 2 minute read 17 comments Thunderboltkid
Congrats to the FED. They have 'kicked the can down the street' with high interest rates to stave off total collapse of the Stock and Bond Markets, sort of.. Crushing everyone's buying power in the process, due to high inflation rates for Food driven...
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...
18 Jun 2023 1 minute read 1 comment Louky
Yo, peeps! Let's dive into the wild world of multisig wallets on the Ethereum blockchain. We gotta talk about some cool protocols like MakerDAO Oasis, Uniswap, Compound, and Aave, and how they handle their funds. Brace yourselves! So, MakerDAO Oasis,...
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...
20 Jul 2020 3 minute read 9 comments B18
On the ARK faucet I play, they have ad banners just below the GO button. I ignore these ads as they are promising to win 1 BTC or massive returns on my investment or the latest Digital Asset Exchange on the block. As a rule I avoid clicking on the ad...
20 Feb 2023 6 minute read 4 comments NOWPayments
Accept payments in Chainlink crypto The introduction of smart contracts led to the need for decentralized applications to receive relevant information from external sources. The so-called oracles became the most effective solution to the problem...
14 Dec 2022 2 minute read 5 comments Cje95
It is not often that centralized crypto sources are able to catch me by surprise. Before any big announcements or releases, they have a tendency to really telegraph to the world that something is up and changing. That being said every once in a while...
26 Jul 2022 10 minute read 2 comments Publish0x PRs
From July 4th to 6th, the FIL-Toronto summit sponsored by Filecoin Foundation and Filecoin Orbit, and hosted by FilSwan came to a successful conclusion. The summit attracted a large number of Filecoin ecosystem builders, engineers, and Web3 enthusias...
17 Jun 2023 2 minute read 2 comments Louky
Yo, my crypto fam! _/﹋\_ (҂`_´)
![CODING TUTORIAL - Building Your Own Cryptocurrency on the Ethereum Network: A Epic Step-by-Step Guide [ PART 4 ]](https://cdn.publish0x.com/prod/fs/cachedimages/3944599368-a549c214a75906c77bccfda9aaf7bea5106ad35b6feb831cdbe4ee7e9087c5fd.jpg)
4 Nov 2022 1 minute read 2 comments Joao16
For more content like this tip me if you can! thank u :) Bitcoin Analysis BTC is still testing EMA56, if this support works out the bitcoin could try to break EMA99 and then go to EMA200 if it breaks. But on the other hand if BTC breaks EMA56 th...
