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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.
4 Mar 2020 1 minute read 0 comments Dan
Unibright release blogposts about important milestones and developments. This weeks blogpost about "The Baseline Protocol. Ethereum for Enterprises, with the help of Unibright!" can be found at this link. New York, NY, March 4, 2020 — Today, EY,...
2 Mar 2020 2 minute read 0 comments AlexRypto
Hello Crypto Friends! Lets have a look at what has happened since the last update -BTC & Link So Last time BTC was doing this - lets pull up the current chart - I have removed the topside of the predicted wedge, as that has been invalidated. No...
1 Mar 2020 4 minute read 21 comments crypto_moose
Still in its early days Decentralized Finance (DeFi) has already reached 1 billion dollars in valuation in early 2020 but still “represents a tiny segment of the crypto-industry.” The majority of DeFi is being built on the Ethereum platform to comp...
29 Feb 2020 1 minute read 0 comments Tokenhell.com
Chainlink’s native token LINK was among the biggest gainers as a majority of assets in the crypto market plunged deeply earlier this week. The eleventh-largest cryptocurrency beat the bearish odds to grow by more than 40 percent since February 26. It...
29 Feb 2020 1 minute read 3 comments Offgrid
I have posted here a few times how I earn TRON, Steem, Bitcoin, Ethereum, EOS etc watching very short movies over on Earncrypto with HideoutTV. I only recently learned that I can be earning Chainlink (LINk) so I set that as my main Coin and earn a l...
27 Feb 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends! Daily update on these coins - BTC Daily- Closed just below the 200MA, as of yet there has been no sign of relief for the bulls. There has been no backtest of the neckline yet either. The next level of support would be the 0....
26 Feb 2020 6 minute read 0 comments Djordi
Hi everyone, As promised yesterday I am going to show you possible buy-in zones for Chainlink and Tezos. These two Altcoins have been going up very nicely recently (Chainlink is already for a longer while very strong) and when you go up so fast and s...
26 Feb 2020 3 minute read 2 comments Kidsarow
What is ChainLink and why should I invest ? Since the meteoric rise of cryptos in early February, many cryptos have started to be highly talked about and in particular ChainLink with his token $Link. Place 14th currently on CoinMarketCapand a note of...
25 Feb 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends! Its only been a day since i posted, but we have already seen a big move, thought i would quickly update about it. BTC on the daily. Has broken the neckline as expected. Almost touched the 55 EMA. Found some support at the...
25 Feb 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends! Just a quick update on this update (haha) - BTC and Chainlink update Lets look at BTC first - On the daily, we are still below the 21 EMA. On a quick sidenote, i normally do not trade on the weekend unless i have nothing els...
