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ChainLink (LINK)

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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.


What Happens To DeFi Today? (07 Sep 2022, Wednesday)

7 Sep 2022 2 minute read 0 comments quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today.   CHAINLINK (LINK) Current Price: $ 6.73 (24h Changes: -7.62 %) Current Market Cap: $ 3,136,824,...

What Happens To DeFi Today? (06 Sep 2022, Tuesday)

6 Sep 2022 4 minute read 0 comments quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today.   CHAINLINK (LINK) Current Price: $ 7.27 (24h Changes: 1.52 %) Current Market Cap: $ 3,395,454,3...

What Happens To DeFi Today? (04 Sep 2022, Sunday)

4 Sep 2022 2 minute read 2 comments quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today. CHAINLINK (LINK) Current Price: $ 6.82 (24h Changes: -1.4 %) Current Market Cap: $ 3,185,772,673...

What Happens To DeFi Today? (3 Sep 2022, Saturday)

3 Sep 2022 2 minute read 1 comment quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today. CHAINLINK (LINK) Current Price: $ 6.88 (24h Changes: 1.77 %) Current Market Cap: $ 3,200,895,932...

What Happens To DeFi Today? (31 Aug 2022, Wednesday)

30 Aug 2022 2 minute read 0 comments quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today.   CHAINLINK (LINK) Current Price: $ 6.64 (24h Changes: 0.5 %) Current Market Cap: $ 3,097,419,65...

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30 Aug 2022 1 minute read 0 comments Candlestick

  Quicktake Up 10%+ in 1 day after Smart Money buy – LSVR, BONE, AURA, SNX, SPELL, SUZUME, SYN, BAL, LINK, etc Down 10%+ after Smart Money sell – STG, SUZUME, LDO, CVX, etc   In total, 16 magic trading by Candlestick Smart Money in...

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29 Aug 2022 1 minute read 1 comment quantdoge

  "What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today.   CHAINLINK (LINK) Current Price: $ 6.52 (24h Changes: 0.61 %) Current Market Cap: $ 3,049,290...

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27 Aug 2022 3 minute read 1 comment quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today. CHAINLINK (LINK) Current Price: $ 6.68 (24h Changes: -6.47 %) Current Market Cap: $ 3,128,461,92...

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26 Aug 2022 2 minute read 0 comments quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today. CHAINLINK (LINK) Current Price: $ 7.17 (24h Changes: -1.7 %) Current Market Cap: $ 3,344,752,628...

What Happens To DeFi Today? (25 Aug 2022, Thursday)

25 Aug 2022 3 minute read 0 comments quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily.   CHAINLINK (LINK) Current Price: $ 7.29 (24h Changes: 0.83 %) Current Market Cap: $ 3,402,478,656 (24h Changes: 0.94 %) Positive...