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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.


The quintessence of decentralization: the TSS Threshold Signature Scheme

2 Jan 2021 3 minute read 1 comment MikeZillo

Since the 1970s, cryptography has assumed a certain value in order to provide the right security to computer systems. The first form of cryptography was the asymmetric one known as PKC (Public Key Cryptography). In this type of cryptography there are...

Is Ripple A Security? What Other Crypto Do They Risk?

31 Dec 2020 2 minute read 6 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

As you all know by now, the United States Securities and Exchange Commission has filed a lawsuit against Ripple (XRP), CEO Brad Garlinghouse, and co-founder Christian Larsen.The Commission claims that XRP is classifiable as a "security" and accuses R...

From Top Metal to Top Crypto

30 Dec 2020 2 minute read 0 comments alquimista1501

The volatility of commodities is defined in part by their high price fluctuation that marks a large part of their behavior throughout the year. Particularly hard commodities, such as metals, have their resolve in their strong candidates, from the bes...

In the mind of the Oracles: The depth of Chainlink

30 Dec 2020 1 minute read 6 comments MikeZillo

Having clarified the vital importance of the Oracles for the use of real-world data by smart-contracts, let's see why ChainLink has evolved almost out of control in the last year. As we know, ChainLink is part of that branch of software called Middle...

TOP 5 Decentralized Oracle Projects 2021

29 Dec 2020 4 minute read 19 comments Cryptonator`s

Decentralized projects are the ones that I believe stand to make significant gains and provide very interesting passive income opportunities over the coming years. All Decentralized Finance applications need price feeds on token swap and loan collate...

5 Altcoins for 2021

29 Dec 2020 5 minute read 16 comments McAlex7

Here is a short list of 5 altcoins who will probably have a good year 2021, I know there are a lot of other interesting projects because cryptocurrency is a world full of opportunities, but I made this list according to my knowledge & personal opinio...

DefiBids - BNB and LINK Auctions are GO!

29 Dec 2020 1 minute read 0 comments ShillzAndThrillz

Each new day brings new auctions to the perpetual crypto auctioning platform that is DefiBids, and today brings something kind of special, in the form of the first ever lowest unique bid format auctions for both BNB (Binance Token) and LINK (Chainlin...

Along the same path, LINK and possible Bad Surprise

28 Dec 2020 2 minute read 1 comment alquimista1501

Apparently unregistered securities transactions are being recalled by the United States Securities and Exchange Commission (SEC). In these moments when XRP is classified as a fraud from the beginning and this story with the SEC was nothing more than...

Lbry TV - Content Freedom - LBC crypto.

27 Dec 2020 1 minute read 5 comments Coincobra

How about wacth and publish videos in the decentralized channel and have a freedom of to sell or to buy or only publish free and to wacht free too.  This channel 👉LBRY allows to do everything and yet you are reward for this.  I'm already receiving lb...

Ethereum Blockchain For Beginners - It's Structure And Operations.

26 Dec 2020 5 minute read 1 comment Sumukh

As we all know that the Bitcoin Blockchain is the mother of all the blockchains. It's purpose was to intend peer to peer transfer of value. Around 2013, some sort of code execution framework was introduced by Ethereum Founders, The centerpiece and th...