1,068 Articles 82,502 Followers
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.
5 Jan 2024 1 minute read 0 comments Novasky
Chainlink a oracle blockchain ledger. They have been out there powering up the swaps, dex and the variety of the oracle based smart contract use cases over a period of years. Now they are expanding and a lot of popular cloud services, network compani...
7 Sep 2020 4 minute read 13 comments johnwege
Only a few days ago, almost everyone in the crypto market was sure that we were in the midst of the next bull market, and then the rug was pulled out from beneath us. Bitcoin had dropped to under $10,000, Ethereum had dipped to around $300, Chainlin...
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...
19 Nov 2022 1 minute read 0 comments Dspyt
Web3 Basketball Dapp introduces users to the sport of Basketball as well as contains an item store to track and ledger the delivery of basketball equipment. Each real equipment item is ledgered via a digital one with a smart contract logic system in...
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...
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...
22 Dec 2023 2 minute read 1 comment Footprint Analytics
Author: [email protected] Data Source: Token Dashboard Token analysis plays a pivotal role in the realm of cryptocurrency and digital assets. It is the process of delving deep into the data and market behaviors associated with these assets....
5 Dec 2023 6 minute read 0 comments fmiren
Introduction In 2006, the British mathematician and data science entrepreneur coined the phrase which quickly spread — “data is the new oil”. Perhaps it is not a coincidence that the phrase was coined when fields working directly with data, e.g., art...
1 Sep 2023 5 minute read 0 comments Coinpaper
One recent development that has caught the attention of cryptocurrency industry observers over the past few days was the collaboration between Chainlink and Swift, a prominent financial messaging giant. This collaboration, which revolved around a tok...
20 Mar 2024 5 minute read 3 comments Guarda Wallet
As we edge closer to 2024, the crypto community is buzzing with speculation and analysis about the Chainlink price prediction 2024. Known for its pivotal role in bridging real-world data with blockchain smart contracts, the Chainlink crypto ecosystem...
