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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.

Chainlink - if it is so smart, why is it so scary??

20 Jan 2020 1 minute read 2 comments TheCryptokeeper

[This satire article has been written with the help of openAI's GP-2 machine learning language via talktotransformer] When I invest in chainlink, I like to know that all the money I put into it is actually paying off. Even though I invest in chainli...


18 Jan 2020 1 minute read 0 comments Digital Asset Culture - YouTube Channel - France

Good day Everyone, every crypto investors, crypto developers, crypto enthusiasts, I wish you have a good day. As you can see on this picture, the behavior of the price of LINK Crypto is very impressive (compared to USDC) (data coming from tradingview...

Conflux chain forms a new strategic partnership with Chainlink

17 Jan 2020 1 minute read 0 comments TheCryptokeeper

ConfluxChain, a "Scalable, Secure, and Decentralized POW Public Blockchain for the Global Adoption of DApps" has formed a strategic partnership with Chainlink to use smart contracts for off-chain data feeds, APIs, and traditional payments through the...

What’s Enigma?

17 Jan 2020 1 minute read 0 comments zogintl

What’s Enigma? Enigma is building a decentralized, open-source protocol that lets anyone perform computations on encrypted data, finally bringing privacy to smart contracts and public blockchains. First founded and researched at MIT in 2015, Enigma t...

Will Chainlink put Loopring (LRC) in the spotlight?

17 Jan 2020 1 minute read 4 comments kevW!ls0n

So 2020 has not been like 2017 where the market around this time was manic and the craze was really starting to boil over. It’s more mellow now but I think there’s even more to be optimistic about now, with the hype kind of settling.  The market’s st...

Matic Network | Blockchain Collaboration, Integration and Technology Sharing Encouraged | POS Sidechains | Adapted Plasma Framework | Cosmos | Chainlink | Harmony One | Elrond |Ethereum Blockchain

13 Jan 2020 5 minute read 7 comments Perry1

“Ethereum Scaling Research Organization Plasma Group (ESRPG) shuts down” – In this recent article it was announced that the above mentioned group responsible for developing Optimistic Rollup and ZK Rollup, layer 2 solutions for scaling the Ethereum B...

LINK Token Holders can earn interest with DeFi App “AAVE”

10 Jan 2020 1 minute read 1 comment BitcoinNews.Today

Chainlink (LINK) token holder will now be able to earn interest on DeFi application “AAVE” The DeFi application Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets. This money market protocol has planned t...

What Is The Chainlink Project?

8 Jan 2020 1 minute read 0 comments denilson

Chainlink is blockchain middleware that allows smart contracts to access key features outside the chain, such as data feeds, various web APIs, and traditional bank account payments. By providing smart contracts, secure access to these key features, C...

Chainlink (LINK) outshined top 20 coins as surged by nearly 14%

8 Jan 2020 1 minute read 0 comments

The LINK coin is outshining all major coins and remained top in the first twenty coins of the crypto markets. The Chainlink has been surged by almost 13.36% in the past 24 hours against the bitcoin which moved only 5% in the upward direction. Chainli...

What is the ‘oracle problem’ & how does Chainlink solve it?

6 Jan 2020 3 minute read 1 comment fklivestolearn

This Middleware solution is being backed by Google to resolve the Smart Contract problem Cryptoverse is usually buzzing with new words which are usually difficult to decipher for a non-technical person. Even somebody like me, who is a little more fam...