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.


Crypto 2024 "Lites Out Event!"?

11 Feb 2023 4 minute read 3 comments Thunderboltkid

Lots of “Money Timelines” in play, as the actors in each timeline try to pitch, manipulate, coerce in some regime cases attempt to ultimately dictate which #timeline we the #sheeple should be on in order to capture their future share of money flows h...

Bridging Blockchains: The Ingenious Design of Chainlink's CCIP

12 Aug 2023 2 minute read 5 comments Arhat

I wanted to touch base on Chainlink's CCIP and the components that make up the Cross-Chain Interoperability Protocol. There are 3 key components: Committing DON for proving message existence Executing DON for transferring messages ARM for security a...

Digital Interstates: CHAINLINK vs COSMOS Network

24 Oct 2023 1 minute read 1 comment Thunderboltkid

A tale of two Market Cap Trajectories going in the opposite direction?   Yup.   Chainlink has grown 25% during the latest Crypto Winter, while Cosmos Network #ATOM has lost 50% of its Dec 2022 Market Cap.   Just in the last 24 hours Chainlink is now...

Chainlink Crypto Explained: a Full Overview

20 Feb 2023 6 minute read 4 comments NOWPayments

Accept payments in Chainlink crypto The introduction of smart contracts led to the need for decentralized applications to receive relevant information from external sources. The so-called oracles became the most effective solution to the problem...

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...

Chainlink, any high here is an opportunity to sell, to buy lower

1 Dec 2023 1 minute read 0 comments Emad

Chainlink is in an overall bull trend, and I believe it aims $25 but as for now I see this opportunity to sell at the supply zone: 14.88 to 15 USD  and again buy back on one of the demand areas: first $14 and next $13.65 the first level has a 6% prof...

Curve Gets Hacked.... And Somehow Chainlink is the Hero?

31 Jul 2023 5 minute read 4 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...

Chainlink and the Future Oracle-free Protocols on the Horizon

11 Aug 2023 5 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...

Crypto Market on Fire: Is It Time to Buy?

8 Nov 2023 1 minute read 5 comments Cryptofab

I recently read a very interesting analysis about the crypto market: Cryptocurrency prices soared in October 2023, with Bitcoin leading the way with a 28% gain. Other top performers included SOL (78% gain) and LINK (45% gain). The surge is being fue...

Now That Chainlink Released CCIP, Time To Understand Super-Linear Staking!

6 Aug 2023 3 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 ana...