541 Articles 641 Followers
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.
26 Dec 2020 1 minute read 4 comments Ttempo
Chainlink has retreated to $10.95 from its all time high of $21.75, a drop of 46% against the USD valuation. However, if we zoom out to the monthly chart, from a technological point of view, LINK is holding support nicely from the last few monthly ca...
26 Dec 2020 2 minute read 0 comments Overmind
Zeus Capital now the SEC's current indictment against Ripple to launch another attack on Chainlink. The team behind Zeus Capital dares to predict that Chainlink (LINK) and its founders will soon experience a similar fate. In this article we take a qu...
24 Dec 2020 1 minute read 3 comments World Crypto
Since the beginning of 2020, the bitcoin rate has shown significant growth. The first cryptocurrency has risen in price by 220%, to $23,200. There was a moment when the price rose to $24,300, setting a new historical maximum at this level. But, there...
24 Dec 2020 1 minute read 1 comment JakeB
Welcome to “Top 5 Cryptocurrency Movers” where I look at all the major crypto coins on the market and choose the five that made the biggest move (either positive or negative) on this day, explaining my thoughts why the move happened, as well as the h...
24 Dec 2020 5 minute read 6 comments Bragato18
The amount of Bitcoin you receive from a Bitcoin Faucet is based on a predetermined dollar value. As the market value of Bitcoin increases the amount of Bitcoin the Faucet pays out decreases. Until the point is reached where the Bitcoin Faucet is onl...
24 Dec 2020 1 minute read 0 comments Fab G
The XRP drop raises two questions: Is XRP dead? What about the other cryptos? XRP will survive as long as it can be traded on exchanges like Coinbase or Binance. However, they may delist it, as mentioned by Hailey Lennon, a partner at Anderson Kill...
23 Dec 2020 3 minute read 10 comments MikeZillo
More and more often we talk about DeFi and Blockchain, but the blockchain alone does not make any sense.Let me explain: if we do not have verified data that can activate Smart-contracts, Blockchain is reduced to a simple public archive with the pecul...
21 Dec 2020 1 minute read 1 comment Skyfries
In a game of musical chairs you want to be in a seat before the music stops. CZ pulled some chairs when the music stopped Monday morning for emergency maintenance on the Binance exchange. Their second outage in only five days, however this time not...
20 Dec 2020 3 minute read 11 comments MikeZillo
Hello Publish0x community and welcome back in my Sunday article dedicated to the “Easy and Short. Cryptocurriencies made accessible” section.Have you missed the introductive article of Chainlink? Don’t worry you can recover it here.We know that Chain...
19 Dec 2020 5 minute read 1 comment Jack, MN
What is Alliance Block Traditional finance methods are slow, outdated, costly, inefficient, and often controlled by a third party centralized entity. Decentralized finance struggles to bring in real world lenders and investors due to the security co...
