ChainLink (LINK)

1,017 Articles 64,630 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.


What Happens To DeFi Today? (30 Jan 2023, Monday)

30 Jan 2023 1 minute read 0 comments quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes machine learning,...

What Happens To DeFi Today? (28 Jan 2023, Saturday)

28 Jan 2023 3 minute read 1 comment quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes machine learning,...

What Happens To DeFi Today? (27 Jan 2023, Friday)

27 Jan 2023 2 minute read 0 comments quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes machine learning,...

Streamlining My 2023 Crypto Goals

27 Jan 2023 5 minute read 1 comment Cje95

For the last two years, I have posted about my crypto goals here as it was something that I thought would help hold myself accountable to what I wanted to invest in and not get sidetracked by projects that would explode onto the scene. By doing this...

Vital Components of the New Internet: True Ownership in Web3

21 Jan 2023 8 minute read 4 comments Zacharias

21 January 2023: One of the core philosophies of the web3 space is the basis of decentralized ownership over vital infrastructure. The goal of this is to limit the power of centralized entities and work to ensure the internet remains a medium that is...

What Happens To DeFi Today? (20 Jan 2023, Friday)

21 Jan 2023 1 minute read 1 comment quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes machine learning,...

Chainlink - Why are they buying?

20 Jan 2023 1 minute read 0 comments Crypto Space 211

Chainlink [LINK] is a decentralized network of oracles that provides reliable external data to smart contracts. There are several reasons why someone may consider buying (LINK). Some of the main reasons are due to the virtues that link has, for examp...

What Happens To DeFi Today? (19 Jan 2023, Thursday)

19 Jan 2023 2 minute read 1 comment quantdoge

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes machine learning,...

What Happens To L1 Tokens Today? (18 Jan 2023, Wednesday)

18 Jan 2023 1 minute read 0 comments quantdoge

"What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilises mac...

Personal Finance: Crypto, Stocks and Macro

18 Jan 2023 1 minute read 0 comments InsideCrypto

Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we are joined by Austin Hankwitz, Co-Founder of Witz Ventures and TikTok star. Welcome to the 128t...