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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.

Litecoin Reaches $100 & Is Outperforming Bitcoin!

17 Dec 2020 1 minute read 7 comments Sapphire

Litecoin Continues To Advance Unnoticed  Perhaps like most people in the Crypto space, your focus has solely been on Bitcoin in recent days. The top Crypto asset has recently shattered all time high levels to form a new all time high at approximately...

Technical Analysis: Bitcoin & Polkadot 16/12/2020

16 Dec 2020 1 minute read 0 comments Crypto Army

In this article we are going to discuss the latest price action moves of BTC and DOT. Please remember that this is not a financial advice, do your own research, trade wisely. Before proceeding into the main topic of this article, please check our pre...

Redditor loses $50,000 in Chainlink sending to an ERC20 smart contract

16 Dec 2020 1 minute read 2 comments Skyfries

This has been a bad month for miscalculated transactions.  Earlier this month a twitch user sent $15,000 in ETH to a streamer on accident.  Reddit user u/Kabani13 also known as Dawid Kaczówka of Poland accidentally used a copy pasted address for movi...

Blockchain for Beginners - Structure and Basic operations

14 Dec 2020 3 minute read 3 comments Sumukh

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This Can Be Bad News For Chainlink (Link) Holders

14 Dec 2020 1 minute read 5 comments moon333

  Hey friend, hope you are well and welcome to new update on Chainlink. H&S Formation: The priceline of Chainlink formed a Head $ Shoulder pattern and even broke down the neckline of this pattern.  Click here to create free account on tradingview t...

Chainlink (Link) On Long Term A Big Gartley Formation For Upto 216% Rally

13 Dec 2020 1 minute read 1 comment moon333

On long-term weekly time period chart, the price action of Chainlink (LINK) is completing the final leg of bullish Gartley move, and soon it will be entered in the potential reversal zone. At this time price action is breaking down 25 SMA and on brea...

E&S Token Review: ChainLink

13 Dec 2020 2 minute read 11 comments MikeZillo

Hello everybody and welcome back in this third token review of my new “Easy & Short Cryptocurrencies Made Accessible” area. Today I will introduce ChainLink (LINK) to you. From its arrival in the cryptocurrency scene, Chainlink has made waves in cryp...

Bitcoin or Ethereum - Which one to buy?

13 Dec 2020 1 minute read 6 comments Fab G

You have probably already hesitated between these 2 big coins. Which one should you buy to become a millionnaire? Some facts below: Almost everyone knows Bitcoin, even your grandma, but who knows Ethereum outside the small crypto world? Have you eve...

Free is nice, but watch out for scams!

13 Dec 2020 6 minute read 2 comments Roberto D.

What are Airdrops? Are Airdrops a Scam? In this article, we will see how, and what, are the methods to get free cryptocurrencies without being scammed.. In fact, so called, it seems one of the usual scams that hover on the web, ready to attract those...

Chainlink Explained in 60 Seconds

11 Dec 2020 1 minute read 1 comment CryptoSlackers

Chainlink is a protocol built on the Ethereum blockchain that uses a distributed system of oracles to connect, or link, off-chain data sources to blockchains, hence the name Chainlink. The potential off-chain data sources include virtually any API ca...