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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.
10 hours ago 1 minute read 0 comments Myxoplixx
JPMorgan Chase recently made headlines by completing its first transaction on a public blockchain, signaling a major shift in how big banks might operate in the future. Traditionally, banks like JPMorgan have used private, permissioned blockchains fo...
24 Apr 2025 2 minute read 4 comments Myxoplixx
Trump Media & Technology Group’s forthcoming “Made in America”-themed ETFs, launched via its Truth.Fi platform in partnership with Crypto.com, are set to blend traditional protectionist economic ideals with a forward-looking embrace of cryptocurrenci...
26 Apr 2025 1 minute read 0 comments Ayman Crypto
Chainlink digital currency (LINK) is trading now at $ 15.03 (LINK) is trading in a very magnificent correction area & waiting for a chance to hit higher price ranges Expert traders will never miss these trading areas up or down ( spot trading or fu...
19 Apr 2025 2 minute read 1 comment Myxoplixx
Greetings crypto-fam let's dive in. First, the big news that everyone’s talking about, Chainlink’s market value has surpassed the New York Times, leading to discussions about whether traditional journalism dead and losing its value compared to decent...
7 Apr 2025 2 minute read 1 comment Myxoplixx
Greetings crypto-fam let's dive in. First up, the breaking story that’s got everyone’s attention, institutions are loading their bags while the little guy freaks out. Word on the street, or rather, posts on Crypto-Twitter, is that big players are qui...
16 Apr 2025 2 minute read 1 comment Myxoplixx
Greetings crypto-fam let's dive in. The big headline grabbing everyone’s attention is the hack of UK Minister Lucy Powell’s Twitter account, which got hijacked to push a shady crypto scam. This isn’t just a random oopsie, it’s a screaming reminder th...
8 Apr 2025 1 minute read 1 comment Acadies
Call me crazy but im buying. Not only did i buy but i bought with money i didnt have. I dont have any concrete evidence the bull market isn't over but in my short 4-5 years being in crypto; Idk if i've ever been more bullish. Nothing has changed....
5 Apr 2025 2 minute read 2 comments KMatt
PayPal, the world's largest online payments company, has expanded cryptocurrency services in the US by adding Solana (SOL) and Chainlink (LINK) as tradable assets on the platform from today. This is another move by PayPal towards the adoption of digi...
6 Apr 2025 1 minute read 1 comment Myxoplixx
PayPal’s decision to integrate Solana’s blockchain and Chainlink’s data tools into Venmo isn’t just a tech upgrade, it’s "checkmate" on how money moves. By tapping into crypto’s infrastructure, the payments giant is quietly rewriting the rules of f...
28 Jan 2025 1 minute read 0 comments Myxoplixx
The crypto landscape is evolving rapidly, with significant developments reshaping the market for investors. Institutional adoption is gaining momentum, as evidenced by Ripple's partnership with Ondo, which is bringing BlackRock treasury products to...
