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.


Invest or wait ? Chainlink & Solana post-surge buying guide.

23 Oct 2023 3 minute read 3 comments DeFi Voyager

Want to stay ahead of the curve ? Follow me on X (Twitter) for the latest updates and insights before we dive into today's topic. Seen LINK & SOL's surge last week ? Did you miss out, and are now wondering whether to buy at these highs ? Now we'll b...

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2 Oct 2023 2 minute read 1 comment OfTheFreeMarket

 “ChainLink is helping bridge the gap from old data, to a blockchain network.” -ofthefreemarket.com  Chainlink is a decentralized blockchain network which uses oracles to transfer real world data onto the network using a series of smart contracts....

Chainlink (LINK) and Rollbit Coin (RLB) Prepare for a Strong Bull Run, Bitcoin’s Current Outlook Evaluated

27 Sep 2023 1 minute read 0 comments COINTURK NEWS

Famous cryptocurrency analyst and strategist Altcoin Sherpa stated that Chainlink (LINK) and Rollbit Coin (RLB) are preparing for a strong bull run. Furthermore, the analyst warned about the current outlook for Bitcoin (BTC). Strong Outlook for LINK...

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25 Sep 2023 1 minute read 1 comment Cryptofab

As you may have noticed, LINK, the native token of the decentralized oracle network Chainlink, has been one of the top-performing tokens in September, gaining over 20% in the past two weeks. However, a recent change to the protocol's multi-sig requir...

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21 Sep 2023 4 minute read 1 comment fmiren

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18 Sep 2023 5 minute read 0 comments Coinpaper

A recent development within the Chainlink ecosystem, combined with favorable technical flags, may lead to LINK's price flipping a key resistance level into support soon. In a significant move toward revolutionizing the financial sector, the Australia...

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15 Sep 2023 1 minute read 0 comments Coinpaper

LayerZero Labs has partnered with Google Cloud to leverage its validating services. The startup has experienced lightning-fast growth to support over 95% of cross-blockchain messaging. LayerZero Labs partnered with Google Cloud to boost the security...

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1 Sep 2023 5 minute read 0 comments Coinpaper

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31 Aug 2023 1 minute read 3 comments Cryptofab

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Empowering African Agriculture with Chainlink: A Solution to Supply Chain Challenges

17 Aug 2023 3 minute read 0 comments chidi

In the vast and diverse continent of Africa, agriculture serves as the backbone of many economies, providing livelihoods for millions and feeding entire nations. However, this critical sector often grapples with numerous challenges, from fragmented s...