1,139 Articles 88,370 Followers
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.
20 Feb 2022 1 minute read 1 comment R23
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
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
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
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
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
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
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...
1 Feb 2022 3 minute read 1 comment SirK133
This is the cryptocurrency market outlook, based on cocktail of purely technical indicators that I use. This entails, that bullish or bearish signals given in this series do not portray my sentiment towards any particular project. I try to write thi...
1 Feb 2022 1 minute read 0 comments moon333
If you like the video then don't forget to upvote/tip and share, thanks You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333 In order to play and watch the current performance of the chart you need at least a...
1 Feb 2022 1 minute read 0 comments kishankumar
As a beginner in the crypto world, we often make the mistake of jumping and buying coins without even understanding their fundamentals. All we care about is how they sound; Woah, Chainlink, the name looks cool. I shall buy it. I have made this mistak...
