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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.
13 Jun 2019 1 minute read 3 comments Farmer Chad
Hope y'all haven't been sleeping on LINK, as it recently climbed into bed with Google. It's great that a true giant is dipping it's toes into crypto, and even better for LINK that they are using it as a trusted oracle provider.For more on what ora...
21 Apr 2019 2 minute read 0 comments basicnecromancycr
---[Website]---[White Paper]---[Telegram]---[YouTube]---[GitHub]--- Today, we are witnessing so many innovations almost every day. The past couple of decades created an incredible acceleration within the technology and this exponential improvement...
23 Oct 2024 1 minute read 2 comments Keith Thuerk
Mile Markers on the Crypto Highway It's been a long time since I have written one of these mile marker pieces, I am almost embarrassed to bring it up now. When I started down the Crypto path during the Global lockdown event, I jumped in big into of...
27 Mar 2023 2 minute read 0 comments SunkTump1001
Chainlink (LINK) --- #19 --- [$6.58] {crypto rank & price from CoinMarketCap on 5/30/23} Chainlink (LINK) is a blockchain abstraction layer enabling universally connected smart contracts. (Through a decentralized oracle network), LINK allows bl...
23 Apr 2022 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 X Fountain AirDrop! Totally 400,000 $FTP & 40,000 $ROSE For Grabs! https://medium.com/@fountainprot/oasis-x-fountain-airdrop-...
13 Feb 2022 1 minute read 0 comments InsideCrypto
On today's episode we dive into the price action of the week and then go through any major news items with regards to the constituents. February is bringing lots of curves in the road for many protocols. Chainlink is doing well in terms of developmen...
31 May 2021 1 minute read 0 comments moon333
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9 Apr 2021 1 minute read 0 comments Sumukh
QuiCrypto QuiCrypto is a mobile apk from which you can earn Nano by completing simple surveys and tasks. Link to download the Apk : https://quicrypto.page.link/ndN9 Firstly we have to download and install the apk, Click on above link to install. Ac...
29 Jan 2021 1 minute read 0 comments NULS
The best way to get involved with NULS is to join in! For more information about NULS, visit nuls.io and join the conversation on Telegram or Reddit. Make sure to follow NULS on Twitter for the latest news and updates. You can also follow us on othe...
11 Dec 2020 1 minute read 2 comments Savastano
What is Band Protocol in a one sentence? Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts.From today or yesterday Band Protocol is also in the Coinbase Earn. Easy money :)Wan...
