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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.


Did 💥 Bitcoin💲 XRP ❤Chainlink Double Bottom? Is Correction Done? Lets Take A Look!

2 Oct 2020 1 minute read 0 comments NewCreationCapital

video: audio:   "Learning To Love In The Wilderness" - If you would like to buy my newly published book please click here.  Join The New Creation Cronies Telegram Group In Episode  201:  Did Bitcoin and XRP Double Bottom? Is Correction Done? Lets T...

Watch How The Chainlink (Link) Completing Setup For Upto 207% Bullish Rally | Details With Targets

2 Oct 2020 1 minute read 5 comments moon333

Hey, friends hope you are well and welcome the new update on the Chainlink DeFi token. In this video you will watch how: On the daily time period chart, the priceline is moving in a down channel.    Click here to create an account on Binance, the b...

BitGo Will Use Chainlink’s Proof of Reserve to Boost Auditability of Wrapped Bitcoin

2 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Institutional platform BitGo will use decentralized oracle provider Chainlink's (LINK) proof-of-reserve solution to streamline the auditing of $1 billion in Wrapped Bitcoin (wBTC), according to an announcement published on October 1. BitGo and Chain...

MakerDAO Makes Chainlink, Compound and Loopring Collateral

1 Oct 2020 1 minute read 10 comments Abhimanyu Krishnan

Decentralized stablecoin platform MakerDAO (MKR) on September 30 added support for Chainlink (LINK), Compound (COMP) and Loopring (LRC) to act as collateral to generate DAI. LINK, COMP and LRC can now be used as collateral in Maker Vaults The govern...

🗞 Daily Crypto News & Video, October, 1st💰

1 Oct 2020 5 minute read 0 comments Crypto_Lemon

Welcome to the Daily Crypto News: A complete News Review, Coin Calendar and Analysis.   Enjoy!     🗞 Market Wrap: Bitcoin Retests $10.8K; Total Value Locked in DeFi Hits $11B Bitcoin’s price tested $10,800 to close out September while despite some...

Episode 199: Bitcoin 💥 Chainlink 🚨 XRP 💲 Monthly Close TA. Lets Take a Look!

30 Sep 2020 1 minute read 0 comments NewCreationCapital

audio: video:   "Learning To Love In The Wilderness" - If you would like to buy my newly published book please click here.  Join The New Creation Cronies Telegram Group In Episode  199:  Bitcoin, Chainlink, XRP monthly close TA. Lets Take A L...

Episode 198: Will Bitcoin 🚨 ETH 💥Chainlink 💲XRP 🛑 Double Bottom? Its Possible, Lets Take A Look!

29 Sep 2020 1 minute read 0 comments NewCreationCapital

video: audio:   "Learning To Love In The Wilderness" - If you would like to buy my newly published book please click here.  Join The New Creation Cronies Telegram Group In Episode  198: Will Bitcoin, ETH, Chainlink, XRP Double Bottom? Its Possible,...

Chainlink Price Analysis: LINK goes through consolidation, preps for a breakout

29 Sep 2020 1 minute read 1 comment NaNoStaff

LINK has charted the bullish engulfing pattern in the 3-day chart. The MACD in the daily chart shows increasing bullish momentum. LINK/USD candlesticks have charted the bullish engulfing pattern in the 3-day chart. Over the last two sessions, LINK...

ChainLink (LINK) Use Case Based Growth a Secret

29 Sep 2020 1 minute read 1 comment Cryptofivers

Over the last few months there has been a lot of interest around ChainLink (LINK). Although the project has been around since 2017, it just came into the limelight after its launch a year ago. Its popularity is based on the role the project is playin...

What are the best cryptocurrencies to buy in October?

28 Sep 2020 3 minute read 0 comments NaNoStaff

Institutional investors are looking to substantially hike their stakes in major cryptocurrency, mostly Bitcoin Bitcoin, Ethereum and LINK are all well-positioned to benefit from a new crypto bullish trend 32% of surveyed participants expect he...