ChainLink (LINK)

1,049 Articles 75,060 Followers

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.


DeFi Safety 102: Sandwich and Oracle Attacks

25 May 2023 3 minute read 0 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

Will Chainlink (LINK) Pump After SWIFT's Blockchain Integration News?

31 Aug 2023 1 minute read 3 comments Cryptofab

I'm wondering if Chainlink (LINK) might pump after the news that SWIFT is working on blockchain integration. SWIFT is a global messaging network that connects banks and financial institutions. The company recently released a report that said that blo...

What Happens to DeFi Today ? (13 Mar 2023, Monday)

13 Mar 2023 2 minute read 6 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.   If you would like to read and analyse the news here over an interactive user interface, please...

My Best Crypto Investments

8 Apr 2023 2 minute read 0 comments Cryptofab

As an avid investor in the world of crypto, I've been fortunate enough to make some significant gains since early 2020. It's been a wild ride, with plenty of ups and downs along the way, but I've managed to come out on top with some of my best crypto...

Chainlink (LINK) Update: On-chain vs. Off-chain Reporting... Big Deal?

7 Mar 2023 7 minute read 1 comment Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

DeFi 101: The Importance of Oracles and Chainlink

23 May 2023 5 minute read 2 comments Michael @ CryptoEQ

  You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading a...

Late to the Game, First in Gain: Why Latecomers Win Big in Crypto Trading

24 Nov 2023 8 minute read 5 comments Sebastian Purcell, PhD

What do you do when you miss a coin like Solana (SOL) as the bull run takes off? Do you chase or wait for something else? The answer, counter-intuitively, is that being late pays more ... if you know what you're doing.  I'll explain in five steps, st...

Unlocking the Secrets: Multisig Wallets Exposed in DeFi Jungle

18 Jun 2023 1 minute read 1 comment Louky

Yo, peeps! Let's dive into the wild world of multisig wallets on the Ethereum blockchain. We gotta talk about some cool protocols like MakerDAO Oasis, Uniswap, Compound, and Aave, and how they handle their funds. Brace yourselves! So, MakerDAO Oasis,...

My One Mainstream Alt That Has Outperformed All Others

8 Nov 2023 2 minute read 3 comments Cje95

Even though it may not seem like it crypto has performed very well this year as Bitcoin has jumped from $16.6k on January 1, 2023, to over $35.5k and Ethereum has jumped from $1.1k to $1.9k. Naturally, these two have consumed most of the attention as...

Set Of Cryptocurrencies To Watch This Week Ahead Of This Month's Scary Close

25 Sep 2023 3 minute read 3 comments Rubikkav

Last week, Bitcoin covered a 5% range before closing the week near $26250.54 - about 1.1% lower than the week's opening price. Altcoin marketcap dropped with Bitcoin, falling from $537 billion to $531.7 billion. Leads Weekly Rise The price of C...