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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 Apr 2021 1 minute read 0 comments spoopy_mulder
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! Robinhood saga reveals deeper flaw in Web 2.0: Oasis Labs executive https://cointelegraph.com/news/robinhood-saga-reveals-deeper-f...
9 Apr 2021 3 minute read 2 comments kev_nag
INTRODUCTION Some services and individual tokens are open for unverified use by all. But to comply with regulatory authority, certain services and tokens require KYC (Know Your Customer), without which you are shut out of a plethora of financial vehi...
9 Apr 2021 3 minute read 2 comments Fizz on my Jayce
Hello everyone, today I'm going to talk about the Chainlink price prediction that is realistic for this market cycle. There are many 3 figures predictions that could be correct. There are a few 4 figures predictions, well if you saw that it is time t...
9 Apr 2021 4 minute read 0 comments CryptoCulture
Chainlink, EEA, and The New Standards of Global Business Operations Written By: Isaiah Payton April 8, 2021 Ethereum and Chainlink are leading the way to global institutional adoption via the Ethereum Enterprise Alliance and its growing list of pa...
7 Apr 2021 1 minute read 1 comment Sir Loin
The integration of the Elysia project with the Binance Smart Chain caused the growth of the #EL token by 30%. The announcement of the burning of 1,235,435 coins of the WINk platform led to an increase in the price of the #WIN asset by 40%. Everythi...
6 Apr 2021 1 minute read 0 comments K_CNEX
++ CREATE AN ACCOUNT WITH Publish0x ++ SPECTRE.AI DeFi BOOST WALLET Spectre.ai offers an off-site decentralized wallet account alongside regular centralized accounts for those who prefer to trade the traditional way. E extremely safe, their p...
6 Apr 2021 2 minute read 0 comments quantdoge
Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...
3 Apr 2021 2 minute read 0 comments amtraderpro
Hi guys! DOT really met my expectations from previous post and I would say even more! After the news that Coinbase Ventures backs Acala Network on Polkadot, token DOT made a nice leap, breaking with ease the psychological level of $40 and closing the...
2 Apr 2021 1 minute read 2 comments quantdoge
Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...
31 Mar 2021 1 minute read 2 comments amtraderpro
Hi guys! I checked LINK today and here is what I see: the price has been consolidating within the symmetrical triangle for more than a month like the majority of coins. Currently we broke below the ascending trend line and are approaching the dynamic...
