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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.
21 Jun 2021 3 minute read 2 comments JHarri $0.12
I’m not a financial advisor and this article is for entertainment purposes only. People lose money in crypto. Trade at your own risk. Viewing cryptocurrencies in comparison to BTC rather than USD is a valuable metric. If we view BTC as the golden chi...
21 Jun 2021 3 minute read 18 comments Hamminy $1.18
I can't stand when people blindly follow stupid quotes in trading without even knowing where they came from or what they mean. Fuckin everyone misquotes Warren Buffett thinking that you can blindly make money in the market by using "value investing"...
20 Jun 2021 2 minute read 2 comments TheCryptokeeper $0.17
If you consider this article investment advice, also consider having yourself committed at a mental asylum. "I have LINK on nexo and an outstanding loan I've yet to pay back. How will a mass LINK withdrawal from nexo affect me? I don't see how it w...
19 Jun 2021 1 minute read 0 comments Biz Wisdom $0.45
ChainLink has continued its pullback, getting rejected from the 200 Week EMA earlier this week before drifting lower to under 0.0006 LINK/BTC. This is a bearish short-term pattern, of course. However, when you zoom out, this appears to be a significa...
18 Jun 2021 1 minute read 0 comments spoopy_mulder $0.14
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! Travelling around the world with a blockchain expert https://medium.com/oasis-protocol-project/travelling-around-the-world-with-a-...
17 Jun 2021 1 minute read 0 comments Adrian Kabat $0.21
Hi Guys ! I want to introduce you to a completely new link shortener and if you are active in social media or in affiliation, this shortener is just for you ! I am the owner of this link shortener and made it for affiliate and social activities. Fi...
17 Jun 2021 1 minute read 0 comments spoopy_mulder $0.17
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! The Internet’s Untapped Potential https://medium.com/oasis-protocol-project/the-internets-untapped-potential-4d16b5107a50 Alethea A...
17 Jun 2021 1 minute read 2 comments Defiant Pathfinder $0.15
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...
16 Jun 2021 2 minute read 0 comments Dapp.com $0.72
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,...
15 Jun 2021 1 minute read 1 comment Defiant Pathfinder $0.11
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...
