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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.
16 May 2025 1 minute read 1 comment Keith Thuerk
Chainlink Updates - 1st DvP & TRON I was beginning to get nervous and jerky waiting on any type of news which was Chainlink related. Wait no more, I bring exciting news from Chainlink. Here we go... JP Morgan's Kinexys and Chainlink deliver 1st DvP...
16 May 2025 1 minute read 0 comments Myxoplixx
JPMorgan Chase recently made headlines by completing its first transaction on a public blockchain, signaling a major shift in how big banks might operate in the future. Traditionally, banks like JPMorgan have used private, permissioned blockchains fo...
16 May 2025 4 minute read 0 comments Myxoplixx
If I were entering the crypto market today, with the benefit experiencing this very odd crypto market, since October 2023, I would approach the landscape with a clear focus on narratives that have demonstrated real staying power. The market has matur...
16 Apr 2025 2 minute read 1 comment Myxoplixx
Greetings crypto-fam let's dive in. The big headline grabbing everyone’s attention is the hack of UK Minister Lucy Powell’s Twitter account, which got hijacked to push a shady crypto scam. This isn’t just a random oopsie, it’s a screaming reminder th...
6 Apr 2025 1 minute read 1 comment Myxoplixx
PayPal’s decision to integrate Solana’s blockchain and Chainlink’s data tools into Venmo isn’t just a tech upgrade, it’s "checkmate" on how money moves. By tapping into crypto’s infrastructure, the payments giant is quietly rewriting the rules of f...
19 Apr 2025 2 minute read 1 comment Myxoplixx
Greetings crypto-fam let's dive in. First, the big news that everyone’s talking about, Chainlink’s market value has surpassed the New York Times, leading to discussions about whether traditional journalism dead and losing its value compared to decent...
7 Apr 2025 2 minute read 1 comment Myxoplixx
Greetings crypto-fam let's dive in. First up, the breaking story that’s got everyone’s attention, institutions are loading their bags while the little guy freaks out. Word on the street, or rather, posts on Crypto-Twitter, is that big players are qui...
14 Mar 2025 4 minute read 0 comments Myxoplixx
Greeting crypto-fam, let's dive in. First up is Chainlink, known as LINK, which operates on its own decentralized oracle network that connects smart contracts to real-world data. Social sentiment on platforms like Twitter and Reddit is leaning posit...
8 Apr 2023 2 minute read 0 comments BreakdownFab
As an avid investor in the world of crypto, I've been fortunate enough to make some significant gains since early 2020. It's been a wild ride, with plenty of ups and downs along the way, but I've managed to come out on top with some of my best crypto...
18 Aug 2022 4 minute read 2 comments MikeZillo
3 established projects, 3 different use cases, that’s what I’d like to talk to you about today. That’s why you can’t underestimate the contenders in this analysis. I want to be clear, this is not a ranking. I want to bring you 3 of the most establish...
