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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.
28 May 2021 1 minute read 1 comment Cryptofab
In the past, weekends were good for cryptos, because professional traders were at home. No big moves, we were between us, only small players. Times have changed. Weekends are dangerous now, especially the last one which has seen a severe drop of Bitc...
27 May 2021 1 minute read 0 comments Defiant Pathfinder
Recently we witnessed when the market crashed and we saw the whole of the crypto market fall and investors pulled of their investment as they were taking their profits and the total market capitalization decreased and currently its at $1,762,245,576,...
27 May 2021 3 minute read 12 comments zacharias
If you were exposed to any LINK, AMPL, or FORTH the past couple days, your portfolio is probably looking a little bigger this morning than others. Since the bottom of the sell off, certain alt coins have had absolutely enormous rises off the bottoms...
27 May 2021 3 minute read 2 comments CryptoCulture
Chainlink x Hedera Governing Council Partnership Written By: Isaiah Payton May 27th, 2021 Chainlink may want to change its token name from "LINK" to "Integrate", because the two phrases are becoming synonymous with the amount of partnerships Cha...
26 May 2021 2 minute read 0 comments alquimista1501
Irreversible is the most appropriate word to describe the pattern that will now be marked in the DNA of the blockchain. Certainly this whole merry-go-round of statements has made it clear that a green commitment to cryptocurrencies is marked. Since E...
24 May 2021 1 minute read 1 comment spoopy_mulder
Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!! Oasis Network: A privacy layer-1 blockchain with $50k in grants for dapp builders https://dappradar.com/blog/oasis-network-a-privac...
24 May 2021 7 minute read 0 comments CryptoCulture
Chainlink x Arbitrum: Discord Q & A Video Unwrapped Photo Provided By: https://twitter.com/ChainlinkoracIe https://twitter.com/ChainlinkoracIe/status/1394641026732732416 Written By: Isaiah "Zaindretti" Payton May 24, 2021 If you've been paying a...
23 May 2021 8 minute read 1 comment CryptoCulture
Chainlink 2.0: Scratching The Surface (A Summary of Chainlink's Whitepaper 2.0) Written By: Isaiah "Zaindretti" Payton May 23, 2021 (All Images used do not belong to me and are used to illustrate concepts covered in Chainlink Whitepaper 2.0) W...
22 May 2021 1 minute read 0 comments Defiant Pathfinder
Hi i am back again and today i decided to analyze the top 4 Decentralized Finance token to see what is their current position and their future. I selected the top 4 ranked with market capitalization, so i am going to share my thoughts and you are wel...
20 May 2021 1 minute read 4 comments Defiant Pathfinder
It is said that many are called but only a few are chosen. So In this article i am going to talk about the top 4 substrate token and where their future is headed. The first rule of investing is to know what you are getting yourself into so that you u...
