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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 Mar 2020 1 minute read 0 comments Steven Aitchison
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10 Mar 2020 2 minute read 0 comments EinfachWir
Chainlink (LINK) can currently resist the falling market. The Bitcoin price has dropped another 1,000 USD since yesterday and has now dropped below the 8,000 USD mark. This movement has maneuvered the entire market into a bloodbath. Especially the Al...
9 Mar 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends!! I hope everyone is well! Its time! The opportunity of a lifetime has come! If you have been following me then you will know that all targets have been hit! Lets start with BTC - So, we had the Head and Shoulders form after t...
9 Mar 2020 1 minute read 0 comments SgtLoyd
Welcome readers! Today marks the dumpster fire of a day where it seems the global market has put assets and investments on sale!! Luckily, we have some Hopium for you to take below! You can turn $50 into $1,648 with Cardano? Probably not...
7 Mar 2020 3 minute read 1 comment Mrjeff
No cryptocurrency can replace Bitcoin. This is primarily due to its constantly growing popularity - it was created as the first. However, there are projects that are worth paying attention to. What belongs to them ? Chiliz (CHZ) The Chiliz project en...
6 Mar 2020 4 minute read 0 comments moon333
Hi fox hope you are well. Chainlink is one of the coins that I love to trade because this coin always gives very good trading opportunities and forms different harmonic and chart patterns and have very good volatility which makes it favorite among th...
6 Mar 2020 1 minute read 0 comments EinfachWir
Chainlink new all-time high: LINK 167% up since the beginning of the year In the past weeks, news about new partnerships from and with Chainlink has been coming in again and again. In the past, the project based on the Ethereum Blockchain was able to...
5 Mar 2020 1 minute read 0 comments CryptoBitcoinChris
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5 Mar 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends!! I thought i would update you on my thoughts with the current price action. BTC- Yesterday i posted this - Now, lets look at what has happened - So, it seems the wedge has broken, i am looking for some volume to come in as...
5 Mar 2020 1 minute read 5 comments FarewelltoMinds
NuLink, a fork of ChainLink, has released a whitepaper. This is a surprising move, as most saw the project as anything but a project. The fork was announced on 4chan, with 2 million NLINK being airdropped to those who posted an address. From there, h...
