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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.


LINK Token Holders can earn interest with DeFi App “AAVE”

10 Jan 2020 1 minute read 1 comment BitcoinNews.Today

Chainlink (LINK) token holder will now be able to earn interest on DeFi application “AAVE” The DeFi application Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets. This money market protocol has planned t...

What Is The Chainlink Project?

8 Jan 2020 1 minute read 0 comments denilson

Chainlink is blockchain middleware that allows smart contracts to access key features outside the chain, such as data feeds, various web APIs, and traditional bank account payments. By providing smart contracts, secure access to these key features, C...

Chainlink (LINK) outshined top 20 coins as surged by nearly 14%

8 Jan 2020 1 minute read 0 comments Tokenhell.com

The LINK coin is outshining all major coins and remained top in the first twenty coins of the crypto markets. The Chainlink has been surged by almost 13.36% in the past 24 hours against the bitcoin which moved only 5% in the upward direction. Chainli...

What is the ‘oracle problem’ & how does Chainlink solve it?

6 Jan 2020 3 minute read 1 comment fklivestolearn

This Middleware solution is being backed by Google to resolve the Smart Contract problem Cryptoverse is usually buzzing with new words which are usually difficult to decipher for a non-technical person. Even somebody like me, who is a little more fam...

Chainlink is dominating the Ethereum transaction fee leaderboard

6 Jan 2020 1 minute read 0 comments TheCryptokeeper

As of late, Chainlink has been getting a lot of attention, though much later than it's supporters would have expected. According to the website ethgasstation.info, an open source project that "aims to increase the transparency of gas prices, transact...

Top 5 Best Performing Cryptocurrencies in 2019

23 Dec 2019 4 minute read 1 comment ChangeNOW

Those who have been around for awhile must remember what the end of 2017 and the beginning of 2018 were like. Every single day a new coin would start its mission to the moon and everyone would jump on the bandwagon. As little as a tweet from McAfee w...

Chainlink / Bitcoin Has Completed Bullish Setup By Hitting The Falling Wedge Support

22 Dec 2019 1 minute read 0 comments moon333

In the month of Sep 2019 the price action of Chainlink took the power full bullish divergence and after making upto 131% bullish move now the price action has formed a falling wedge which was initiated in Oct 2019.     Now the price action is likely...

Chainlink Is Expected To Give Buying Opportunity For Upto 50% Gains In Case Of Breakout From The Wedge's Resistance

21 Dec 2019 1 minute read 0 comments moon333

After forming the Shark pattern in Sep 2019 the price action of Chainlink took a very powerful bullish divergence form the potential reversal zone of this bullish Shark and made more than 107% bullish Move Upto Nov 2019 the price action starting movi...

Incentivized Crypto Transaction Security: Decentralized Oracles - Design Blueprint for Success

15 Nov 2019 11 minute read 2 comments thunderboltkid

In reference to this excellent article published on Medium (picture credit https://stephenblackford.blogspot.com/2013/01/the-wachowskis-cinematic-legacy.html) https://medium.com/fabric-ventures/decentralised-oracles-a-comprehensive-overview-d3168b9a8...

Build A Crypto based Republic: A Recipe (to Escape the Fiat Apocalypse)

9 Nov 2019 19 minute read 0 comments thunderboltkid

Yes it is possible.  The tools are all there.   The Design Goal? "If Grandma can't use it, you can't deploy it..."   The Recipe? 1- ADD - sovereign people with a clear political will AND a great vision of what their future prosperity, freedom and...