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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.


Keeping Personal Data More Secure - DECENTRALIZED KYC CHECKS

9 Apr 2021 3 minute read 2 comments kev_nag

INTRODUCTION Some services and individual tokens are open for unverified use by all. But to comply with regulatory authority, certain services and tokens require KYC (Know Your Customer), without which you are shut out of a plethora of financial vehi...

Crypto making a Global Difference - Chainlink

2 May 2021 1 minute read 1 comment Keith Thuerk

Crypto making a Global Difference - Chainlink   ICYMI - Chainlink partnered w/ UNICEF this week to bring a socially impacting blockchain. Specifically the Chainlink Community Grant Program to aid UNICEF Innovation Fund to Support Blockchain-Enabled A...

DOT-KSM are heating up..

3 Apr 2021 2 minute read 0 comments amtraderpro

Hi guys! DOT really met my expectations from previous post and I would say even more! After the news that Coinbase Ventures backs Acala Network on Polkadot, token DOT made a nice leap, breaking with ease the psychological level of $40 and closing the...

How Much Bitcoin Should You Own!?

28 Sep 2020 5 minute read 36 comments johnwege

There are many people that invest in bitcoin and other cryptocurrencies for the technology and potential it has to change the world.  But then there are people who are investing in the bitcoin and crypto space just for the financial gains that it can...

Friday Quickie: Bitcoin (BTC), Stock-to-Flow, and Chainlink's (LINK) Long-term Value

30 Apr 2021 5 minute read 0 comments Michael @ CryptoEQ

CryptoEQ and 7Investing discuss the intersection of cryptocurrencies and the traditional stock market. This month they discussed the crypto market cap reaching $2 trillion, the always controversial Bitcoin S2F, and Chainlink's value accrual. You can...

Oasis Network ($ROSE) Breadcrumbs post #16

3 May 2021 1 minute read 0 comments spoopy_mulder

Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!!   Apply To Blockchain Marketing Manager With Oasis Protocol Foundation!!! https://recruitcrm.io/apply/34832042 OPEN DEFI HACKATHON...

Oasis Network ($ROSE) Breadcrumbs post #7

19 Apr 2021 1 minute read 0 comments spoopy_mulder

Hello everyone, Breadcrumbs of today, this is not financial advice, remember to DYOR before investing. Take care!!!   Female Blockchain Leaders: A Free Mentorship Event https://t.co/SgfeCVzSsS Cobalt Upgrade Proposal https://github.com/oasisprotoco...

Chainlink Releases V2 Whitepaper

3 May 2021 1 minute read 2 comments badbaba

Chainlink is an open source, decentralized oracle network that provides real world data to smart contracts on ANY block chain. To understand the significance of Chainlink, one must first understand how Ethereum differentiates itself from Bitcoin by u...

10 May 2021 (MON)- Binance Coin (BNB) Daily Risk Report

10 May 2021 5 minute read 0 comments quantdoge

Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...

Double Your Crypto - Deposit Bonuses & Promotions

3 Mar 2021 1 minute read 6 comments Sp427

For gamblers that are looking to make a deposit either big or small, TrustDice.win offers three highly profitable promotions. These promotions will help give you a great boost if you have not deposited crypto before on the site. Even if you do not ha...