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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.
23 Feb 2020 1 minute read 6 comments FarewelltoMinds
Is Chainlink Now Useless? Random Fork Airdropped to 4chan Users Since the bear market began in 2018, LINK followed the others into the year, dropping from a bit above a dollar to a low around $0.20. 2019 was far more impressive, breaking its ATH arou...
22 Feb 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends! Thought i would do a quick update on these two. Firstly BTC. - On the daily. BTC has lost it's 21 EMA, but supported by the .236 fib for now. On the 4 hr, has lost all fast moving averages but supported by the 200 MA. A...
19 Feb 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends! I am not sure why this post - BTC - has not been viewed by many people. I am guessing people don't like bearish analytics? Anyway, the god coin is in trouble - therefore alt coins will see some downside. The Rising wedge did...
19 Feb 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends! Just a quick update on the Chainlink beastcoin. - Chainlink analysis Head and Shoulder pattern broke out, and tested the neckline. Also the Ascending Triangle broke up and tested the resistance, now acting as support. RSI and M...
18 Feb 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends! Alot has happened on the chart since last post, and i wanted to share my thoughts on where i think this monster of an altcoin is headed in the near term. On the 4 hr chart. We have held the trend line!!! If you disregard the...
18 Feb 2020 2 minute read 0 comments JP Buntinx
It seems to be a matter of time until the cryptocurrency markets bounce back. If the ChainLink price is any indication, things will get very interesting this week. ChainLink Begins Moving up Most of the cryptocurrency markets note some degree of gain...
18 Feb 2020 1 minute read 0 comments Nithish Floopz
CHAINLINK has been one of my top most altcoins for this altcoin cycle. I have repeated this many times in my previous posts. The reason CHAINLINK is my best altcoin position is because of it's use case. A lot of the Altcoins are said to have a use...
17 Feb 2020 16 minute read 12 comments MuyAsk
Hey guys :) I’m back with another in-depth piece just like my recent Tron (TRX) and Binance and BNB articles, but this time it’s about Chainlink (LINK)! Chainlink (LINK) is a project that I believe to be one of the most important for the adoption and...
17 Feb 2020 1 minute read 0 comments AlexRypto
Hello Crypto Friends! I have done some more analysis here - BTC My previous Chainlink Analysis has now flipped. The Ascending triangle has been voided As you can see, we have lost the trend line. Although the bulls are trying to hold, i think we see...
16 Feb 2020 2 minute read 0 comments Cryptonator`s
ChainLink is one of the big winners these days and saw enormous growth. Will the company be able to build on this incredible success? What is the long-term ChainLink forecast for the next five years? Is an investment worthwhile? What is ChainLink (L...
