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.


DeFi 101: The Importance of Oracles and Chainlink

23 May 2023 5 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 a...

CHAINLINK Price Prediction. Watch before invest $LINK

15 May 2023 1 minute read 0 comments Crypto4light

Chainlink (LINK) is a decentralized oracle network that aims to connect smart contracts with real-world data and external APIs. Smart contracts are self-executing agreements that run on blockchain platforms, and they lack the ability to access inform...

MY EIGHT CRYPTOS(Rated out of 10)

9 May 2023 2 minute read 0 comments Tamacti

Every author I have come across here on PublishOx has stressed this one important aspect of cryptocurrencies;RESEARCH.In my first ever article on PublishOx I shared some tips on how to carry out a proper research on cryptocurrencies. Today I am going...

SWOT Analysis: Chainlink (LINK)

8 May 2023 4 minute read 2 comments Andrey Didovskiy

 *Note, SWOT is an analysis of operational/fundamental elements. This is not a model to be used for technical or trading purposes. (NFA, DYOR) Composed of four elements, Strengths, Weaknesses, Opportunities, and Threats, a SWOT analysis framework pro...

Chainlink

3 May 2023 1 minute read 0 comments Socartes

Chainlink is a decentralized oracle network that connects smart contracts with real-world data.   It was created by Sergey Nazarov and Steve Ellis in 2017. The project gained significant attention in 2019 when it was integrated into Google's Cloud Pl...

How AI Could Boost ChainLink

17 Apr 2023 1 minute read 2 comments Cryptofab

As a long term holder of ChainLink (LINK), I have been expecting some updates helping LINK to break its resistance around $8.25 USD. One of these updates could come from Artificial Intelligence according to Sergey Nazarov, co-founder of Chainlink Lab...

Chainlink digital currency( LINK) Analysis

7 Apr 2023 1 minute read 0 comments Ayman Crypto

Chainlink digital currency (LINK) is trading now at $ 7.285 Since the last analysis, it still fluctuated between the Support & Resistance areas we have mentioned before - you can read it.    here >>> Chainlink Coin ( LINK) Analysis - 19 Feb 2023   I...

What Happens to DeFi Today ? (13 Mar 2023, Monday)

13 Mar 2023 2 minute read 6 comments quantdoge

“What happens to DeFi today?” is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today.   If you would like to read and analyse the news here over an interactive user interface, please...

What Happens to DeFi Today ? (07 Mar 2023, Tuesday)

8 Mar 2023 4 minute read 3 comments quantdoge

What Happens to DeFi Today ?   “What happens to DeFi today?” is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today.   If you would like to read and analyse the news here over an int...

Chainlink (LINK) Update: On-chain vs. Off-chain Reporting... Big Deal?

7 Mar 2023 7 minute read 1 comment 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...