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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.
22 hours ago 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...
22 Jan 2021 1 minute read 0 comments Total-Quetzalcoatl
In separate articles released by Cointelegraph and Coindesk, there are rumors that Grayscale may be taking the first steps to offer a vehicle for the big money to invest in a handful of alt-coins. Some sleuths going through the filings of the State...
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...
22 Jan 2021 1 minute read 0 comments Fab G
Usually, when BTC crashes, altcoins crash even more. In the last 24 hours, many altcoins did better than BTC as shown below (24 hr variation vs. BTC): Among them, XTZ, DOT, LINK, BTCST, INJ and YFI performed pretty well, with YFI making nice waves b...
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...
19 Jan 2021 2 minute read 0 comments EliteHodler
What Is PROPHET’s No-Loss Decentralized Lottery? As you probably know, the Prophet protocol relies on trading volume to return positive yield to holders. The idea behind The Offertory lottery is to allow participants a chance to win part of a prize p...
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...
19 Jan 2021 1 minute read 2 comments Digital Asset Culture - YouTube Channel - France
Hello. Here is my new YouTube Video named : "SLASH COINS , Respect à toi sur LINK et les CRYPTO-MONNAIES" ✅CLICK Here to Install THE BEST APP to earn CRYPTO : CELSIUS and start EARNing Crypto (INTERESTS/Rewards) NOW on the Crypto you already own at...
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...
18 Jan 2021 1 minute read 3 comments Abhimanyu Krishnan
The ongoing bull market has shaken up the top 10 tokens by market cap, with Polkadot (DOT) overtaking XRP and Chainlink (LINK) briefly surpassing Bitcoin Cash (BCH). As of Jan. 18, DOT remains 4th ahead of XRP while Link is 9th behind BCH. At a pric...
