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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.
2 May 2022 4 minute read 0 comments Mike Bivens
Week 12 of the experience blew by faster than I would have liked! The Python stack courses have officially been completed now and I'll be moving on to the final component of the Coding Dojo, building projects. This week, I did my best to run through...
28 Apr 2022 2 minute read 0 comments R23
Image Source One type of cryptocurrency that I have become very interested in investing in has been oracles. There are really only a few tokens at this point that are flourishing in the oracle field, with the two I am interested in being Chainli...
23 Apr 2022 1 minute read 3 comments Joao16
Bitcoin Analysis BTC made another sell day breaking EMA500 and now is preparing to also break 38K to then maybe go to the biggest support at 30K. LINK Analysis LINK is also preparing itself to break below 13 and maybe stop at 10 or less dollars. AA...
21 Apr 2022 20 minute read 0 comments Tamsay
Links Youtube link: https://www.youtube.com/watch?v=V28FQNWcAAU Project website: www.tellor.io Twitter: https://twitter.com/WeAreTellor?s=20 Discord: https://discord.com/invite/n7drGjh Reddit: https://www.reddit.com/r/TellorOfficial/ Summary...
20 Apr 2022 1 minute read 2 comments InsideCrypto
Hey DFI(Defi) people… How’s the start of your week going? The market has been all over the place but hopefully we’ll have some direction soon. This is the fifth episode of our Defi focused segment of the Inside Crypto podcast. In this series we plan...
18 Apr 2022 1 minute read 1 comment Joao16
For more content like this tip me if you can! thank u :) BTC Analysis BTC is trying to breakk EMA500, but still above 37.5K. If in the next days it breaks that support it's the confirmation of the breakout to the downside which means it could go...
7 Apr 2022 1 minute read 3 comments Joao16
Bitcoin Analysis BTC took a dive yesterday and is now testing the EMA56 support, this is one of the most important supports we have if we cannot hold at this support EMA500 would be our last hope to dream about another bull market. LINK Analysis LI...
6 Apr 2022 2 minute read 4 comments R23
Image Source This week I will be taking a very small portion of my paycheck and seeing what I can do actively trading in the markets. I will not be taking 100x leverage positions and freaking out about it all day, but I may try my hand at someth...
5 Apr 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 101: How to Build a DApp on the Oasis Network https://www.youtube.com/watch?v=lYHKevfq1ew Celebrating Oasis’ Vibrant Communit...
30 Mar 2022 1 minute read 0 comments InsideCrypto
Hey crypto people… How’s the start of your week going?It’s back to blazing hot sunshine here which I dislike but it means its ice-cream season. This is the fourth episode of our Defi focused segment of the Inside Crypto podcast. In this series we pla...
