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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.
15 Nov 2019 11 minute read 2 comments Thunderboltkid
In reference to this excellent article published on Medium (picture credit https://stephenblackford.blogspot.com/2013/01/the-wachowskis-cinematic-legacy.html) https://medium.com/fabric-ventures/decentralised-oracles-a-comprehensive-overview-d3168b9a8...
9 Nov 2019 19 minute read 1 comment Thunderboltkid
Yes it is possible. The tools are all there. The Design Goal? "If Grandma can't use it, you can't deploy it..." The Recipe? 1- ADD - sovereign people with a clear political will AND a great vision of what their future prosperity, freedom and...
2 Nov 2019 1 minute read 0 comments CryptoBitcoinChris
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1 Nov 2019 2 minute read 4 comments zulonga
Introduction ChainLink is blockchain middleware that allows smart contracts to access key features outside the chain, such as data feeds, various web APIs, and traditional bank account payments. By providing smart contracts, secure access to these cr...
![Chainlink [LINK], here is why you should know - Price analysis and price prediction](https://cdn.publish0x.com/prod/fs/cachedimages/3944599368-9ab5a79cdb297828938263051cc78ee48b9af9c8774db72337a37355f8a53079.jpeg)
30 Oct 2019 3 minute read 1 comment N
Tons of Integrations and Strategic Partnerships are Powering Chainlink price Forward For the past few days, the market mood has been upbeat. Everyone is speaking about the new bull market which is around the corner and we are seeing a lot of coins...
23 Oct 2019 8 minute read 5 comments CryptoChartWizard91
Chainlink is probably one of the most successful projects, in terms of price action, as it is one of the only cryptocurrencies that are ranked in the top 20 and has created a fresh all-time high price in 2019 (the other coin being Binance Coin). Yes,...
8 Oct 2019 2 minute read 9 comments raven
At the time of writing, Chainlink has been the best performing asset in the crypto market among the top 100 with largest marketcap. The surge in LINK value might have been caused by the recent news, where they present their new Trusted Computation Fr...
27 Sep 2019 8 minute read 22 comments Mr.CryptoWiki
For years, commentators and crypto publications have hyped up the coming “blockchain revolution”. The future, they say, will see blockchain/crypto/ledger tech becoming a dominant force in business, and that coin prices will reflect this dominance. O...
25 Sep 2019 4 minute read 3 comments Insights Network
Interested in creating your own blockchain-based market research surveys? Get started with our Requester Dashboard in minutes! Chainlink (LINK), an oracle-like platform, is making headlines for its proprietary technology. The platform, which acts as...
23 Sep 2019 3 minute read 2 comments Btcbeginners.com
Are you looking best cryptocurrency to buy for 2020 which consist of huge potential to grow and succeed in the future? so you are the right place I will show you the 7 best cryptocurrency to buy now for 2020 as long term investment. Things to consi...
