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.

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...

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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...

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...

Chainlink CCIP goes Live

18 Jul 2023 1 minute read 0 comments Keith Thuerk

Chainlink CCIP went Live! Chainlink first announced CCIP back in Aug of '21, and today July 18 2023 it went live on the mainnet.  What is CCIP? Cross-Chain Interoperability Protocol (CCIP) is a global open-sourced standard for decentralized inter-blo...

Chainlink Staking Is Live!

29 Nov 2023 4 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...

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...

Chainlink and Swift Experiment Could Lead to LINK Breakout

1 Sep 2023 5 minute read 0 comments Coinpaper

One recent development that has caught the attention of cryptocurrency industry observers over the past few days was the collaboration between Chainlink and Swift, a prominent financial messaging giant. This collaboration, which revolved around a tok...

Chainlink and Data Economy

15 Jun 2023 2 minute read 0 comments fmiren

Introduction The rate at which data is increasing nowadays is fascinating. IDC, the global market intelligence firm, estimates that data will increase from 33 to 175 zettabytes in 2025. That is 175 followed by 21 zeroes! Despite the sheer size of dat...

10 4 10 Fighting The Big Ugly Phase 1: The Digital InterState

9 Apr 2023 2 minute read 16 comments Thunderboltkid

Congrats to the FED. They have 'kicked the can down the street' with high interest rates to stave off total collapse of the Stock and Bond Markets, sort of.. Crushing everyone's buying power in the process, due to high inflation rates for Food driven...

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6 Dec 2023 1 minute read 3 comments Cryptofab

I'm a crypto enthusiast who's been exploring various exchanges and strategies to maximize my gains. My recent adventures with Drift Protocol and perpetual swaps have been nothing short of spectacular. Drift Protocol, a decentralized exchange, introdu...