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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.
22 May 2022 6 minute read 0 comments Mike Bivens
We’re coming to the end of the Dojo bootcamp experience. Whatever comes next, I’m ready. Here’s a look at the non-technical stuff covered in the penultimate week, and don't forget about the technical recap here. If you're new here I'm creating this...
22 May 2022 4 minute read 0 comments Mike Bivens
In the penultimate week of the Dojo experience, I wrapped up two projects this week so that’s very relieving. I can focus on wrapping up the others this week and get started on more ASAP and committed to a heavy load of web3 learnings (check out my s...
18 May 2022 1 minute read 0 comments InsideCrypto
Hey DFI(Defi) people… How are you holding up? I think we can certainly say we are in the crypto “winter” stage of this current cycle or bear market. This is the sixth episode of our Defi focused segment of the Inside Crypto podcast. In this series we...
15 May 2022 4 minute read 0 comments Mike Bivens
Another week down, 2 to go. This is the technical recap, if you want the non-technical then check this out. This last week posed much less time and energy constraints from outside influences, meaning less stress and more focus on coding. Which is why...
15 May 2022 5 minute read 0 comments Mike Bivens
Another week down, 2 to go. Welcome to the non-technical recap, full of articles, webinars, and non-coding growth. This week was a lot less stressful than the previous, thus I was able to focus on growth initiatives and not have to balance everything...
15 May 2022 1 minute read 0 comments Kromatika
We’re excited to announce that Kromatika’s Chainlink Keepers integration has been expanded to Polygon mainnet! Kromatika users on Polygon can now use on-chain limit orders which automatically execute under predefined conditions supported by a robust...
8 May 2022 5 minute read 0 comments Mike Bivens
Week 13 has finished and the first of the final course at the Coding Dojo, Projects and Algorithms, is over. This has been a very exhausting week and if it wasn't for the intermissions where I reflected on the reason and value I find in my commitment...
8 May 2022 4 minute read 0 comments Mike Bivens
Week 13 has finished and the first of the final course at the Coding Dojo, Projects and Algorithms, is over. What an exhausting week. Seriously, this might have been the most mentally and emotionally challenging week of the entire boot camp experienc...
7 May 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!!! https://twitter.com/coinbaseassets/status/1518620620082356225?s=21&t=57gdZcsVOMt4KrelwnP-sg XDAO launches 1st Multi-Sig Wallet on O...
2 May 2022 3 minute read 0 comments Mike Bivens
Week 12 completed with articles being read, tons of technical stuff, and some challenges with the hackathon. If you're new here I'm creating this blog series as I go from coding newbie to working in web3. I'm creating this to reflect on the technic...
