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ChainLink (LINK)

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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.


What is Chainlink (LINK)?

17 Jun 2021 4 minute read 0 comments coinpassglobal

“Chainlink is the bridge between blockchains and real worlddata.” — chain.link What is Chainlink? How does it Work? The problem: Blockchains are great for sharing data, transparency,and transacting value globally, instantly and securely. The probl...

What is Chainlink and its Future

17 Jun 2021 1 minute read 2 comments Defiant Pathfinder

It is an Ethereum (ERC-677) Oracle network based on Ethereum Blockchain and its has its token called LINK which is used for paying Chainlink related Smart contract data retrieval and transaction. It uses Proof of Stake which means LINK has to be stak...

😎 4 Tokens to Watch with Significant Changes in Active Address & Transfer Volume

16 Jun 2021 2 minute read 0 comments Dapp.com

  With insight comes opportunity. According to the onchain data tracking by dapp.com, 4 top tokens Curve $CRV, Chainlink $LINK, Uniswap $UNI and Chiliz $CHZ experienced significant changes in their Active Address and Transfer Volume in the past 7d,...

LINK is still a good investment?

16 Jun 2021 1 minute read 0 comments eltoro0x

  To be honest Chainlink (LINK) is one of my favorite Crypto. Chainlink is a decentralized oracle network and cryptocurrency that provides real-world data to blockchains. You can read the whitepaper here. And here is the website. The total supply of...

Polygon & Chainlinlk Analysis

15 Jun 2021 1 minute read 1 comment Defiant Pathfinder

The market is now showing bullish signal and i guess it s now time to look for bullish reversal candles and patterns, but we have some altcoins which are showing otherwise. They are not showing giving good signal and maybe they do not have enough ste...

Oasis Network ($ROSE) Breadcrumbs post #34

15 Jun 2021 1 minute read 0 comments spoopy_mulder

Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!!   Maximizing Collaboration Through Secure Data Sharing | Accenture (CTRL + F Oasis) https://www.accenture.com/il-en/insights/digital/...

BTC, ETH, XRP, AAVE, ZEC, MATIC, LINK — Technical Analysis for June 15

15 Jun 2021 3 minute read 3 comments pheonixdown-dee

Bitcoin (BTC) has reached a horizontal and Fib resistance at $41,325. Ethereum (ETH), XRP (XRP), and Polygon (MATIC) are following descending resistance lines. Aave (AAVE) and ChainLink (LINK) are trading inside short-term descending parallel channel...

Pile of Papers - The Happy Crypto Family [NFT GIVEAWAY]

14 Jun 2021 3 minute read 85 comments CoinSteps

Greeting and salutations Crypto Friends, We hope you are enjoying the new addition to your collection, Filecoin the Archiver, and thank you very much once more for the outstanding support! The Happy Crypto Family is slowly growing more extensive, and...

Genshiro Integrates Chainlink Price Feeds In Its NFT Tokens

14 Jun 2021 2 minute read 7 comments Equilibrium

Genshiro is going to release a limited run collection of NFTs featuring cats pertaining to different cryptocurrencies. BTC, ETH, DOT, KSM, GENS, and EQ will all be represented here, and they’ll be available for sale on Rarible, the well-known NFT mar...

Technical and Price Analysis- MKR, AAVE, DOT, LINK, SNX- JUN 13, 2021

13 Jun 2021 1 minute read 6 comments Hsksks

We all want to know the next best altcoin. Some of the contenders are MakerDAO, Aave, Polkadot, Chainlink and Synthetix. MKR MakerDAO envisions to make Stablecoin ecosystem mainstream. The market price stood at $2,980.2 at 3:15 AM UTC. It has a gain...