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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.
27 Feb 2022 1 minute read 5 comments Joao16 $0.64
I can't start this post without sending prays to ukraine, I hope this nightmare ends sooner than we expect. LINK Analysis Like BTC, LINK seems to be rejecting the new resistence on 15$ that could mean lower prices, but i would pay more attention...
26 Feb 2022 2 minute read 5 comments Zacharias $2.30
25 February 2022: Chainlink is so integral to the overall cryptoeconomy that it is essentially impossible to avoid. And for any institution outside the blockchain that wants to integrate its data sets with smart contracts? Chainlink is partnered wi...
23 Feb 2022 1 minute read 0 comments Synergy $0.24
Many people use the term Link Building, but few understand the concept behind it. So let's define and try to explain how and when you should use it. First, the definition: Link Building, different than most think is not spam your link to the four win...
20 Feb 2022 1 minute read 1 comment R23 $0.67
image source One cryptocurrency that I feel like is never talked about enough despite the fact that it has a ton of use cases is Chainlink. It is one that I think will be around for many years to come and has a ton of potential to be involved wi...
20 Feb 2022 1 minute read 4 comments Joao16 $0.52
For more content like this tip me if you can! thank u :) LINK Analysis Link reject for the 3rd time and is testing a lower support (15$) and then depending on how btc will react Link will follow. Link will probably in my opinion break the 15$ suppo...
13 Feb 2022 1 minute read 7 comments Joao16 $0.77
For more content like this tip me if you can! thank u :) LINK Analysis Link reject 19$ and EMA56 and is probably going to test lower supports like 15$ or 13$ maybe 10$ and then depending on how btc will react when it gets to 30k Link will kinda do...
11 Feb 2022 1 minute read 7 comments Bfab $0.63
The beauty of the blockchain is its transparency. You can see what the other ones are doing, particularly the whales, who are the real crypto trendsetters. How to follow the whales? The site whalestats.com allows to see the largest wallets on several...
10 Feb 2022 2 minute read 10 comments Bfab $0.81
There are so many blockchains currently that you may be lost. To choose the right blockchain, you have first to think about what you want to do with it. Blockchain developers are trying to overcome the blockchain trilemma, referring to the belief tha...
10 Feb 2022 1 minute read 0 comments Fizz on my Jayce $0.17
Hello everyone, Chainlink on H4 looks bullish but on the H1 the break of structure has occurred which indicates that it is a good time for counter-trend trades for the short term. Overall Chainlink looks really weak compared with other alts. If we...
6 Feb 2022 1 minute read 0 comments Joao16 $0.20
For more content like this tip me if you can! thank u :) DOT Analysis Polkadot is trying to break the EMA500 (23$) resistence but yesterday rejected hard, even with that rejection today could break it if btc break 42k. FTM Analysis Fantom is...
