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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.


Genshiro Integrates Chainlink Price Feeds In Its NFT Tokens

14 hours ago 2 minute read 2 comments Equilibrium

Genshiro is going to release a limited run collection of NFTs featuring cats pertaining to different cryptocurrencies. BTC, ETH, DOT, KSM, GENS, and EQ will all be represented here, and they’ll be available for sale on Rarible, the well-known NFT mar...

EL SALVADOR has decided: BITCOIN as STATE CURRENCY!🥇⚖

10 Jun 2021 1 minute read 3 comments Havall✨

Hey! Did you know that? The first state in the world to use bitcoin as legal tender will be El Salvador. The legislative assembly approved with 62 votes out of 84 the bill proposed by President Nayib Bukele, announced to the world with a video messag...

Technical and Price Analysis- MKR, AAVE, DOT, LINK, SNX- JUN 13, 2021

13 Jun 2021 1 minute read 3 comments Hsksks

We all want to know the next best altcoin. Some of the contenders are MakerDAO, Aave, Polkadot, Chainlink and Synthetix. MKR MakerDAO envisions to make Stablecoin ecosystem mainstream. The market price stood at $2,980.2 at 3:15 AM UTC. It has a gain...

Technical and Price Analysis- MKR, AAVE, DOT, LINK, SNX- JUN 12, 2021

12 Jun 2021 1 minute read 0 comments Hsksks

We all want to know the next best altcoin. Some of the contenders are MakerDAO, Aave, Polkadot, Chainlink and Synthetix. MKR MakerDAO envisions to make Stablecoin ecosystem mainstream. The market price stood at $2,868.5 at 5:40 AM UTC. It has a loss...

Pile of Papers - The Happy Crypto Family [NFT GIVEAWAY]

13 hours ago 3 minute read 54 comments CoinSteps

Greeting and salutations Crypto Friends, We hope you are enjoying the new addition to your collection, Filecoin the Archiver, and thank you very much once more for the outstanding support! The Happy Crypto Family is slowly growing more extensive, and...

The Road to Serfdom

9 Jun 2021 2 minute read 0 comments alquimista1501

Returning to some words of Friedrich Hayek, I find an incredible compilation of a vision made reality, a certain sense of prediction when explaining that it was forbidden to experiment with money, in a way it has not improved and its situation has on...

What is Chainlink?

11 Jun 2021 1 minute read 0 comments BertRedd

Chainlink is a decentralized network of nodes that provide data and information from off-blockchain sources to on-blockchain smart contracts via oracles.   First of all : what is a Smart Contract? A smart contract is a self-executing contract with t...

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...

Polkadot and Chainlink Trend Analysis

12 Jun 2021 1 minute read 1 comment 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 #31

8 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!!!   Oasis May Engineering Update https://medium.com/oasis-protocol-project/oasis-may-engineering-update-eab136e38302?source=rss----e38f...