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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.
21 Jan 2021 3 minute read 10 comments Steven_BA
Today, I've decided to continue the Top 100 crypto-currencies with a new coin. If you haven't read my previous 3 episodes, just take a quick look here: Newbie Quest: Understanding Stellar Lumens (XLM), Newbie Quest: Understanding Uni(corns) and Newbi...
23 Jan 2021 3 minute read 10 comments PVMihalache
Learning never stops and one way to lean something new today is to read Tony's Weekly Summary about personal finances. There are plenty of news and subject, but some are trending more than other, such as the FARM integration and Coinpot shutting down...
19 Jan 2021 7 minute read 3 comments bettercallpaul
The State of Crypto: The Long-Awaited Alt Season Picks Up Steam; Update for January 19, 2021 by W. Paul Alexander for Better Call Paul Blog ***NOTE: The coin widgets update automatically, so keep in mind any percentages I've written about in thi...
25 Jan 2021 4 minute read 7 comments johnwege
If you are anything like me, you are probably obsessed at looking at your cryptocurrency portfolio. Looking at the current prices of coins, thinking of how you can improve your allocations even more and also planning for the future. Since I have gott...
25 Jan 2021 2 minute read 2 comments pheonixdown-dee
Chainlink (LINK) reached an all-time high price on Jan. 25 but has fallen back slightly since. Technical indicators are still bullish and suggest that Chainlink is expected to continue increasing to reach even higher. Chainlink All-Time High Price...
19 Jan 2021 4 minute read 10 comments Ben Wehrman
Hello, friends! It's been a while since I've posted a portfolio update... Let's get right into it! [Diamond Hands Tier] Bitcoin (BTC): 80% Whoah! Ben becoming a maxi much? Not entirely, but I'm pumping up my BTC slice to record size for this bull...
22 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan
Rumours are swirling that digital asset management firm Grayscale Investments is going to launch a Chainlink (LINK) investment fund, besides launching funds for several other assets. Documents filed at the State of Delaware’s Division of Corporation...
25 Jan 2021 1 minute read 1 comment Ttempo
At the time of writing, Chainlink has now climbed to $25.37, a fairly impressive move since its drop to $8.03 on 23rd December 2020. The asset has shown huge volatility in the past few weeks, with the Grayscale news being a catalyst towards its move...
23 Jan 2021 1 minute read 3 comments Kimster
Hi this is my next post. Create COINBASE wallet with this link https://www.coinbase.com/join/kristi_g1. Currently price of Chainlink is 23.36$. 7d Low / 7d High - 17.38$ /24.34$ Circulating Supply 402,509,556 LINK Total Supply 1,000,000,000 LINK...
24 Jan 2021 1 minute read 3 comments Nasır A.
Hello to my friends who love life and keep smiling despite all kinds of negativity. In this article, I will brief you on "CHAINLINK" and "AAVE". I have covered these two cryptocurrencies in previous articles. Leading cryptocurrency Bitcoin has been...
