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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.

Kraken Will Run a Chainlink Node

2 Feb 2021 1 minute read 25 comments Abhimanyu Krishnan

Kraken will run a Chainlink (LINK) node to make its spot prices available to DeFi apps and developers, the exchange announced on Feb 1. Kraken is running the Chainlink node to broadcast its spot prices to any blockchain, as well as provide users wit...

Chainlink Breaking Brutal 2020 Downtrend? (Weekly Analysis)

2 Feb 2021 1 minute read 0 comments Crypto Daily FX

ChainLink rallied early last week to pierce the 50 Week EMA, initially reaching up to the 0.0008 Link/BTC level before pulling back, giving back nearly all of the gains before finding support around the 50 Week EMA around the 0.0006 level. Link has s...

My Multifaceted Altcoin Strategy & Design

1 Feb 2021 4 minute read 7 comments Sapphire

The Traditional Altcoin Strategy When talking alts, the most common thought that comes to mind is that of massive gains, as well as massive losses. The most common strategy is to buy alts at their lows. Once sentiment shifts positive, to then in turn...

Kraken is running own Chainlink Node!

1 Feb 2021 1 minute read 1 comment Keith Thuerk

Kraken is running own Chainlink Node! Kraken my favorite Crypto exchange is currently ranked 4th based upon trading volume. Today they announced they are running their own Chainlink Node! Why would Kraken want to run own Chainlink Node? Recall Chainl...

What's an Chainlink ?

1 Feb 2021 1 minute read 0 comments yanis

ChainLink (LINK) is an oracle system, but almost no one knows the system behind Oracles and their economic models. So I hope this post will help understanding their utility and the reasons of LINK pump ! disclaimer : it isn't an investment advise, do...

Update on my Top 5 Altcoins for 2021

31 Jan 2021 2 minute read 17 comments McAlex7

It has been a month since I released this article about my Top 5 Altcoins for 2021, I think a lot of Altcoins will perform well in this bullish cycle but I choose these 5 because I think the projects are solid, really interesting with high potential....

Helpful Tips To Help Improve Your Crypto Currency Trading Skills

31 Jan 2021 2 minute read 2 comments Godsplan

  Today is another great day and l’m here again to share my experiences and opinions with the the great community. I have being into crypto currency for a while now and have realized so many things. One thing I have realized is that crypto is one of...

Binance Blockchain Week. Schedule and reminder to join

30 Jan 2021 1 minute read 1 comment Cryptotexty

  Get ready for one of the year’s biggest blockchain and crypto events. With 80+ speakers, 20+ panels & fireside chats, and 10+ major keynotes, there’s plenty to look forward to. Preview the latest industry trends, hear predictions by experts...

XTZ back to $4 soon?

30 Jan 2021 1 minute read 1 comment Cryptofab

Tezos has always been one of the best competitors of Ethereum as a smart contract blockchain. XTZ reached its ATH at $4.44 last summer before decreasing and has remained between $2 and $3 until December. However, XTZ started to exceed again $3 when t...

CrypTalk (01): Should We Link to Chainlink?

30 Jan 2021 3 minute read 1 comment Jane1289

  Perhaps you've been thinking about what crypto to add to your portfolio. For sure you have heard about Chainlink (LINK). And I guess you have asked yourself already, "should I add LINK to my portfolio?" Is it really worth it to buy LINK? But before...