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.
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...
8 Nov 2023 1 minute read 5 comments Cyfab
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...
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...
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...
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...
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...
24 Oct 2023 1 minute read 0 comments Ishfaq_Khan
This one is for the Link Marines is the crypto Bull run.If you were around in 2020, Chain Link ignited D5 summer of 2020 and really ushered in the Bull y'all.Remember those crazy farming food tokens Anyways and the last link link is up over 35%.We br...
24 Oct 2023 1 minute read 0 comments COINTURK NEWS
Experienced cryptocurrency analyst Altcoin Sherpa has reported that Ethereum (ETH)-based altcoin project Chainlink (LINK) appears to be ready for a major upward explosion. Here is the analyst's rise comment for the decentralized blockchain oracle ser...
23 Oct 2023 3 minute read 3 comments DeFi Voyager
Want to stay ahead of the curve ? Follow me on X (Twitter) for the latest updates and insights before we dive into today's topic. Seen LINK & SOL's surge last week ? Did you miss out, and are now wondering whether to buy at these highs ? Now we'll b...
2 Oct 2023 2 minute read 1 comment OfTheFreeMarket
“ChainLink is helping bridge the gap from old data, to a blockchain network.” -ofthefreemarket.com Chainlink is a decentralized blockchain network which uses oracles to transfer real world data onto the network using a series of smart contracts....
