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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.
10 Jun 2021 1 minute read 1 comment spoopy_mulder $0.25
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! Secure Deep Reinforcement Learning - Dawn Song, Professor, UC Berkeley https://www.youtube.com/watch?v=qHeaGHlksoU Dawn Song: Light...
10 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!!! (From Oasis Slack)BeanBean Exchange is building a verifiable Blue Mountain coffee marketplace on blockchain. After discussing with...
10 Jun 2021 1 minute read 3 comments Havall✨ $1.07
Hey! Did you know that? The first state in the world to use bitcoin as legal tender will be El Salvador. The legislative assembly approved with 62 votes out of 84 the bill proposed by President Nayib Bukele, announced to the world with a video messag...
9 Jun 2021 2 minute read 0 comments alquimista1501 $0.77
Returning to some words of Friedrich Hayek, I find an incredible compilation of a vision made reality, a certain sense of prediction when explaining that it was forbidden to experiment with money, in a way it has not improved and its situation has on...
8 Jun 2021 1 minute read 0 comments spoopy_mulder $0.51
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! Oasis May Engineering Update https://medium.com/oasis-protocol-project/oasis-may-engineering-update-eab136e38302?source=rss----e38f...
8 Jun 2021 3 minute read 0 comments Heath Muchena $0.55
Smart contracts refer to a business logic according to which all transactions on a blockchain take place. A smart contract aims to fulfil common contractual conditions. Smart contracts are deployed to the decentralized database for a fee proportional...
7 Jun 2021 1 minute read 0 comments spoopy_mulder $0.34
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! Some older news Announcing DSLA Maxima “Oasis Edition” https://blog.stacktical.com/partnership/network/2021/02/18/stacktical-dsla-...
4 Jun 2021 1 minute read 3 comments Defiant Pathfinder $1.41
Hi guys i am back again, those who are new to my blog you are welcome. Today my articles are more of crypto and token analysis so that we can see what was happening what is likely to happen. Chainlink From the start of this year on 1 January 2021 Cha...
4 Jun 2021 1 minute read 2 comments moon333 $0.49
Bullish Shark formation: The price action of Chainlink 1stformed a bullish Shark and now moving up from the potential reversal zone. There is also 50 simple moving average support in the buying zone and the priceline used it as a support. Please...
4 Jun 2021 1 minute read 0 comments spoopy_mulder $0.40
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! Parcel Primer https://medium.com/oasislabs/parcel-primer-187bb4d189c7 Blockchain, Data, and Tokens: The Building Blocks of the Owne...
