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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.


Top 5 Smart Contract Crypto Tokens

8 Jun 2021 3 minute read 0 comments Heath Muchena

Smart contracts refer to a business logic according to which all transactions on a blockchain take place. A smart contract aims to fulfil common contractual conditions. Smart contracts are deployed to the decentralized database for a fee proportional...

All Chainlink Holders!!! Be Ready The Link Can Breakout Soon

4 Jun 2021 1 minute read 2 comments moon333

Bullish Shark formation:   The price action of Chainlink 1stformed a bullish Shark and now moving up from the potential reversal zone. There is also 50 simple moving average support in the buying zone and the priceline used it as a support.   Please...

SWIFT + LINK

22 Jun 2021 1 minute read 1 comment 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...

LINK is still a good investment?

16 Jun 2021 1 minute read 0 comments eltoro0x

  To be honest Chainlink (LINK) is one of my favorite Crypto. Chainlink is a decentralized oracle network and cryptocurrency that provides real-world data to blockchains. You can read the whitepaper here. And here is the website. The total supply of...

Oasis Network ($ROSE) Breadcrumbs post #24

24 May 2021 1 minute read 1 comment spoopy_mulder

Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!!   Oasis Network: A privacy layer-1 blockchain with $50k in grants for dapp builders https://dappradar.com/blog/oasis-network-a-privac...

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...

The Raging Bulls are now taking charge on Chainlink, Polygon, THETA & EOS

1 Jun 2021 1 minute read 2 comments Defiant Pathfinder

Lately the crypto market has been showing signs of recovery after an atomic bomb was dropped on the crypto currencies and we saw then fall losing close to 50% of their value. There is no doubt some might investors have thought this might be the end o...

Polkadot and Chainlink Trend Analysis

12 Jun 2021 1 minute read 2 comments Defiant Pathfinder

Its not a lie when its being said "Whatever goes up must come down". Imagine what would happen if the market is always going up and never falls, there is no doubt that the market will soon or later crush. That is why in financial market there are reg...

Oasis Network ($ROSE) Breadcrumbs post #38

7 hours ago 1 minute read 1 comment spoopy_mulder

Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!!   Spotlight: Castalise An in depth look at some of the projects building on Parcel. https://medium.com/@oasislabs/6094bac54607 Annie'...

Oasis Network ($ROSE) Breadcrumbs post #29

4 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!!!   Parcel Primer https://medium.com/oasislabs/parcel-primer-187bb4d189c7 Blockchain, Data, and Tokens: The Building Blocks of the Owne...