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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.
1 Feb 2022 3 minute read 1 comment SirK133 $0.32
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 $0.11
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 $0.10
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...
1 Feb 2022 6 minute read 2 comments Cje95 $0.53
I have to be honest I have a love-hate relationship with Chainlink and for the most part, it's not their fault. I am not a fan of a single company or project becoming all-powerful and really that is what has happened with Chainlink and the DeFi space...
27 Jan 2022 2 minute read 0 comments SirK133 $0.26
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 this...
26 Jan 2022 3 minute read 3 comments SirK133 $0.20
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 this...
26 Jan 2022 7 minute read 0 comments quantdoge $0.32
Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...
26 Jan 2022 12 minute read 16 comments ben06x $60.81
Looking back to the past months/years we might be prepared for being hit by an important dump market/economic crisis. COVID-19 pandemic, government debts, surging inflation, Russia-Ukraine conflict with USA involved, global warming, food consumption...
24 Jan 2022 2 minute read 0 comments SirK133 $0.15
This is the cryptocurrency market outlook, based on my magical cocktail of purely technical indicators. This entails, that bullish or bearish signals given in this series do not portray my sentiment towards any particular project. And by any means th...
22 Jan 2022 1 minute read 0 comments FX Empire $0.46
Bitcoin price gained bearish momentum below $40,000, ether price dived to $2,750, LINK is now approaching a major support zone at $17.00. Bitcoin After a strong rejection near $44,000, bitcoin price started a fresh decline. There was a clear move be...
