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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.
24 Aug 2022 3 minute read 1 comment JHarri
I’ve been lazy, I resigned to the fact we’re in a bear market and told myself to stay on the sideline until it’s game time. This is not the right move to play. I cashed out my crypto, I put down the deposit for a property and I’ve got a tenant. T...
24 Aug 2022 2 minute read 0 comments quantdoge
"What happens to crypto today?" is a crypto news curator that curates high-quality and insightful crypto news for you daily. CHAINLINK (LINK) Current Price: $ 7.13 (24h Changes: 0.89 %) Current Market Cap: $ 3,316,016,604 (24h Changes: 1.39 %) Positi...
20 Aug 2022 6 minute read 0 comments Kromatika
Kromatika is a DEX that makes executing trades easy and wraps up many of the variable costs and other hidden headaches with DEX trading into one simple fee – paid in its utility token, $KROM. Its smart contracts interact with Uniswap v3 to place limi...
18 Aug 2022 4 minute read 2 comments MikeZillo
3 established projects, 3 different use cases, that’s what I’d like to talk to you about today. That’s why you can’t underestimate the contenders in this analysis. I want to be clear, this is not a ranking. I want to bring you 3 of the most establish...
17 Aug 2022 1 minute read 2 comments quantdoge
"What happens to crypto today?" is a crypto news curator that curates high-quality and insightful crypto news for you daily. All news about decentralized finance (DeFi) curated here is filtered and taken from CryptoPanic, a crypto news aggregator pla...
29 Jul 2022 1 minute read 0 comments spoopy_mulder
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! Oasis Labs Partners with Meta to Assess Fairness for its AI Models https://medium.com/oasislabs/oasis-labs-partners-with-meta-to-as...
29 Jul 2022 1 minute read 2 comments Acadies
Now that my American freedoms prevent me from adding to my interest generating accounts at blockfi and nexo. I've been on the prowl for some degenerate red light middle class yields. Just enough risk to ruin a marriage but not enough fun or profit...
28 Jul 2022 2 minute read 2 comments Michael @ CryptoEQ
If you want more cryptocurrency analysis including full-length research reports, trading signals, and social media sentiment analysis, use the code "Publish0x" when subscribing to CryptoEQ.io to make your first month of CryptoEQ just $10! Or simply...
26 Jul 2022 1 minute read 0 comments Candlestick
Combine Net Buy Amount + Trading Vol + Turnover Rate to Validate The Price Trend LINK Signals: At the price of $6.64, Net Buy, Trading Vol & Turnover Rate surges. Net Buy Amount surges from $8k to $143k when the price reaches $6...
26 Jul 2022 10 minute read 2 comments Publish0x PRs
From July 4th to 6th, the FIL-Toronto summit sponsored by Filecoin Foundation and Filecoin Orbit, and hosted by FilSwan came to a successful conclusion. The summit attracted a large number of Filecoin ecosystem builders, engineers, and Web3 enthusias...
