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.


Chainlink Staking Is Live!

29 Nov 2023 4 minute read 2 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

Vodafone becomes Node Operator for ChainLink

5 Jan 2024 1 minute read 0 comments Novasky

Chainlink a oracle blockchain ledger. They have been out there powering up the swaps, dex and the variety of the oracle based smart contract use cases over a period of years. Now they are expanding and a lot of popular cloud services, network compani...

Chainlink V0.2: a huge step for the future of the network

30 Nov 2023 1 minute read 0 comments KMatt

Chainlink, a decentralized oracle network that connects blockchains to the real world thanks to smart contracts, announces that the new v0.2 update of the crypto staking section is online, after a short 9-day migration period. The update includes sev...

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Chainlink CCIP goes Live

18 Jul 2023 1 minute read 0 comments Keith Thuerk

Chainlink CCIP went Live! Chainlink first announced CCIP back in Aug of '21, and today July 18 2023 it went live on the mainnet.  What is CCIP? Cross-Chain Interoperability Protocol (CCIP) is a global open-sourced standard for decentralized inter-blo...

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22 Dec 2023 2 minute read 1 comment Footprint Analytics

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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...

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15 Nov 2023 1 minute read 0 comments Ticktalker

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Top 3 Altcoins I'm Excited About Right Now

17 Nov 2023 1 minute read 3 comments LocoSocioCrypto

While Bitcoin and Ethereum hold a very strong lead as the first and second cryptocurrencies by market cap, I thought I would switch it up and instead write about a few other altcoins that I am excited about for this bull run. All prices are listed in...

PHOTOGRAPHY, PHILANTHROPY, CRYPTO, & NFTS? A CHAT WITH MIKE RUIZ

23 Sep 2022 14 minute read 2 comments davidcash888

  https://www.youtube.com/watch?v=Qg3b2kG3XKo   DC: For anyone living under a rock, who are you and what brings you to this space? MR: First off, thank you so much for having me, I’m happy to be here. You actually brought me into this digital space...