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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.
13 Sep 2021 3 minute read 4 comments Austras $1.68
One of the biggest drawbacks to blockchains is that they can't see or directly perceive information about the world outside their own chain. There's a need for a solution to allow the blockchains to get ahold of real-world data, services that provide...
9 Sep 2021 1 minute read 2 comments spoopy_mulder $0.38
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! Programming Data and Money: The Data Market Yield https://medium.com/oasis-protocol-project/programming-data-and-money-the-data-mar...
5 Sep 2021 6 minute read 7 comments Zacharias $1.66
15 September 2021: Back in August, we presented our first official Top 10 Cryptocurrencies List in which ten projects were chosen based on potential a handful of different factors, including funding availability, community engagement, actual utility...
1 Sep 2021 5 minute read 1 comment SwapSpace $0.97
Chainlink Fundamental Analysis Chainlink (LINK) is an ERC-677 token powering Chainlink — one of the pioneering blockchain oracle projects, launched in 2017. Chainlink’s oracle solution provides universal connectivity for smart contracts by bring...
31 Aug 2021 4 minute read 0 comments DailyCoin $0.25
Visit DailyCoin for more articles. Chainlink has lived up to expectations in the last four years, by linking smart contracts to verifiable data. Chainlink has taken its objective to new levels and is integrating weather data from Google Cloud...
29 Aug 2021 3 minute read 3 comments Exponential Crypto $0.37
Chainlink is well known for their oracles and being the go-to project for where smart contracts interact with data. One such Chainlink product is their VRF. Today I'm going to look at how Chainlink, Rug Pulls, and one of the biggest giveaways in cryp...
28 Aug 2021 3 minute read 4 comments JHarri $0.44
In January I knew ETH was about to take off so I bought 4 and put them onto my wallet. Then I got into the YouTube rabbit hole and discovered HEX. Then I was told Richard Heart was a scammer and HEX was a ponzi scheme, so I got into the next best thi...
23 Aug 2021 4 minute read 1 comment Phuture $0.33
Phuture is pleased to announce that Chainlink Price Feeds will be the de facto source of truth for asset pricing on Phuture. Phuture will be integrating 33 Chainlink Price Feeds as part of its mainnet launch, with plans to add more over time. Phuture...
20 Aug 2021 3 minute read 7 comments GetBlock $1.32
Chainlink (LINK), a decentralized oracles network, has evolved into a building block of a modern DeFi ecosystem. Chainlink (LINK) has proudly earned a spot in a small cohort of cryptocurrency projects that are building holistic cutting-edge technical...
17 Aug 2021 2 minute read 1 comment VVoytila $0.31
Have you heard of Chainlink? Of course you have. It was the coin that, if we are to believe 4chan's infamous but equally glorious /biz/, a bunch of BTC whales considered good enough to pump. What we can say with certainty is that LINK is one of the f...
