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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.
25 Jul 2022 3 minute read 3 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...
18 Jul 2022 4 minute read 10 comments GetBlock
Here’s a list of top ten cryptocurrency-based products that make a significant impact on the real world. Since the inception of the blockchain-based cryptocurrency market, the digital asset world has seen fast-paced growth and an influx of investors...
17 Jul 2022 10 minute read 3 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...
10 Jul 2022 3 minute read 0 comments Mike Bivens
The change in my schedule this week which allowed for far more focus on coding was incredibly helpful. I've finished the Learn Web3 DAO materials and at the time of this posting, I'm waiting for the last project for Road to Web3 to release. I'm now f...
6 Jul 2022 1 minute read 2 comments InsideCrypto
Hey DFI(Defi) people… How are you holding up? One thing I have to say on the bright side is the theme of this episode is growth. I know it sounds hard to believe but it is happening! This is the eighth episode of our Defi focused segment of the Insid...
2 Jul 2022 1 minute read 0 comments Kromatika
Here is the 3rd edition of our monthly series which presents our progress on the different aspects of Kromatika. If you’re interested in the previous recaps, click here. Now, let’s see what was achieved during the month of June. Kromatika continues...
1 Jul 2022 2 minute read 1 comment Candlestick
Centralized Exchange flows analytics is based on monitoring cryptos moving in and out of CEXs by analyzing on-chain transactions. It records a money flow of a particular token transferred to and from centralized exchange wallets to evaluate invest...
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Top Gainers 1D How long will UST & LUNA 🚀 last? Top Net Buy Value 1D 4/7 are stablecoins WBTC Net Buy Value +540% RENBTC Net Buy Value +1121% 1inch Net Buy Value +428% 1inch 24h token price +9.34% 👉 Top Net Buy 1H 🎯 Tips 1inch - 1inc...
27 Jun 2022 1 minute read 0 comments Joao16
For more content like this tip me if you can! thank u :) Bitcoin Analysis BTC is holding above 20K, for now breaking above EMA21 is the most important thing, then BTC is gong to test 25K. In my opinion we are going to have a sideways month(July)...
21 Jun 2022 7 minute read 3 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...
