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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?

27 Sep 2019 8 minute read 7 comments Mr.CryptoWiki

For years, commentators and crypto publications have hyped up the coming “blockchain revolution”. The future, they say, will see blockchain/crypto/ledger tech becoming a dominant force in business, and that coin prices will reflect this dominance. O...

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25 Sep 2019 4 minute read 3 comments Insights Network

Interested in creating your own blockchain-based market research surveys? Get started with our Requester Dashboard in minutes! Chainlink (LINK), an oracle-like platform, is making headlines for its proprietary technology. The platform, which acts as...

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23 Sep 2019 3 minute read 2 comments Btcbeginners.com

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21 Sep 2019 1 minute read 0 comments MrBullishSail

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29 Aug 2019 1 minute read 1 comment Medal182

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21 Aug 2019 1 minute read 0 comments DimitarM

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BAT and LINK Token Holders Can Now Claim 8% Interest Payments — Allowing Investors to Profit By Simply Owning Them!

18 Aug 2019 1 minute read 0 comments The Global Crypto Press Association

The Crypto App team announced the addition of BAT & LINK to “Crypto Earn” — allowing users to earn 8% interest on the tokens they already own! Also still going for a limited time: Hold 50 MCO tokens (the official token of the platform) and get an ins...

Chainlink is Still a Sleeper As Most Of The Crypto People Don't Know What Is It About..

13 Aug 2019 2 minute read 1 comment Ra.Tomps

When ChainLink started to rise in prominence many people began to question if this was a meme coin across 4chan message boards. However, this project has turned out to grow into one of the strongest projects within the cryptocurrency industry which h...

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3 Crypto Projects That Silently Entered Top 20 In 2019 You Probably Did Not Notice

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2019 has been a very interesting year for the tokens. If you look at Coinmarketcap, you will see that a lot of new tokens have entered the top 20 or top 30 tokens by market cap, and a lot of previously popular ones have dropped far back as below the...