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.

An Analysis of ChainLink: what are its Achievements and what are its Goals for 2024 and beyond? Should you own it?

7 Feb 2024 2 minute read 1 comment blockchainking

What are ChainLinks' historical Milestones achieved? Token Sale Success (2017): In September 2017, Chainlink achieved a successful initial coin offering (ICO), securing $32 million in funding. Mainnet Debut (2019): Chainlink marked a significant...

PYTH: Unleashing the Power of Smart Contracts: The Vital Role of Pyth Network in Financial Modernization. (Solana ecosystem)

22 Jan 2024 3 minute read 0 comments blockchainking

Hey my dear followers, today I'm tipping my tows into the Solana ecosystem. After Solana's 10x last year, which I failed to profit from because I fell victim to the disbelief rally dilemma, I'll try my luck by looking at which Solana projects will pr...

2024: The Year of the Oracles? Why blockchains are nothing without Oracles!

2 Feb 2024 4 minute read 1 comment blockchainking

What is an Oracle? An oracle refers to a third-party service responsible for furnishing data to smart contracts operating on a blockchain. The information supplied by an Oracle encompasses a wide range, spanning from the present value of a cryptocurr...

One Month Later... How My Mainstream Alt Continues to Plow Forward

9 Dec 2023 2 minute read 13 comments Cje95

A month ago I wrote about my favorite "mainstream" alt that had been performing remarkably well and in the month since then it has only continued to gain. Chainlink, also known as LINK, has long been the leader in the data oracle space and last bull...

$LINK — the Chosen Tokenizer

17 Jan 2024 6 minute read 3 comments Messin' With Cryptos

Hey folks, if you’ve been following all the different crypto-narratives lately, you’ll know that the tokenization of real world assets (#RWA) has been one of the most popular over the last 6 months, and arguably the one that’s brought us out of the l...

Pyth Network, the Chainlink of SOLANA! Unique Oracle opportunity for the Solana-driven 2023-2024 bull market! And beyond.

17 Dec 2023 1 minute read 3 comments blockchainking

Introducing Solana's Pyth Network in the 2023-2024 bull market. Following extensive research, it seems that the upcoming bull market in 2023-2024 will be propelled by factors such as the Bitcoin Exchange-Traded Funds (ETFs) and halving, Ethereum's ET...

Don't chase Solana after its Jan 01, 2023 $9,72 explosion to $96,51 today! Look for Solana's hidden gems!

23 Dec 2023 1 minute read 1 comment blockchainking

What is Solana? Solana is a high-performance blockchain platform designed for decentralized applications (DApps) and crypto projects. The project is not as decentralized as Ethereum, but it does have other advantages that are a must-have such as high...

How to Analysis LINK Token?

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....

What Is Chainlink | Detailed Review

10 Jan 2024 2 minute read 2 comments Guarda Wallet

What Is Chainlink? Chainlink remains a key player in the decentralized oracle network space. It serves as a critical bridge between smart contracts on the blockchain and real-world data, ensuring that the contracts operate based on accu...

New Promo of Binance

6 Dec 2023 1 minute read 0 comments KMatt

Following the launch of its new stablecoin First Digital USD (FDUSD), Binance announced two initiatives to drive adoption with zero-fee spot and margin trading for several token pairs, such as BNB, DOGE, LINK, ETH, SOL and XRP and the APR at  12% on...