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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 Capitulation: Time For A Recovery?

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...

Chainlink indictment by SEC? - Zeus Capital with another attack against LINK

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...

What stocks and cryptocurrencies could bring you wealth beyond Bitcoin in 2020?

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...

Top 5 Cryptocurrency Movers for December 24, 2020

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...

The Most Popular Token? The Inverse Rule. What Happens When Bitcoin 🚀🚀🚀 ? And Other Stuff

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...

Is XRP dead?

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...

Oracles, the data validators for the Blockchain

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...

Binance Resumes Trading After Market Already Down 5%

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...

E&S: Chainlink, the crypto oracle

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...

Alliance Block is A MUST

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...