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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.

What to expect with ChainLink in February

11 Feb 2021 1 minute read 2 comments LeiTrades

There have been tons of developments going around in ChainLink's blockchain in the next couple of months. There are a lot of partnerships being talked about LINK and thus, each one of them has a great perspective especially in the DeFi market. LINK i...

BTC and ETH Pushing ATHs! Find Out What's Causing the Push!

11 Feb 2021 3 minute read 0 comments Michael @ CryptoEQ

BTC Despite some FUD around Tether, a “double-spend” that wasn’t, and specific claims about Bitcoin and criminal activity despite evidence to the contrary, institutional/whale interest in Bitcoin continued into January 2021, with Grayscale accumulati...

Crypto School; Why You Should Consider Chainlink And Synthetix Network In Your Investment Portfolio.

8 Feb 2021 3 minute read 9 comments Godsplan

Today l just realized some Important projects in the crypto market, with very good mission and wonderful future and l want to share with all of us in the crypto community. In the past l was just watching price movements in Chainlink and the synthesis...

How Much Crypto Do You Need?

8 Feb 2021 3 minute read 2 comments Edwin TechKnow

There I was. I had my bank card out of my wallet sitting in front of me, in front of the keyboard of my computer. I was about to purchase $100 in Bitcoin at $0.05. This is where some people jump in and say "Yeah right. When were Bitcoin five cents?"...

Initial Reflections 1T

5 Feb 2021 2 minute read 0 comments alquimista1501

There are many eyes on the world of cryptocurrencies, but at this time, the particularity of preferential treatment is received by Bitcoin and Ether, for their power in achieving and stabilizing new values ​​well away from that 2017 and marking a gre...

My Outlandish Bitcoin Price Predictions

4 Feb 2021 6 minute read 3 comments johnwege

Do you ever find yourself looking at your cryptocurrency portfolio and dreaming about where the prices may potentially go?  This is a daily thought that I have and it is both an amazing thought, but also scares me quite a lot as well.  Naturally thes...

Can eGold hit $200?

3 Feb 2021 1 minute read 3 comments Cryptofab

Elrond EGLD (eGold) has grown from less than $10 to more than $160 in a few weeks. How far can it go? The recent launch of Maiar is pumping the price higher, which is also due to their referral program. Please use my referall link below to earn $10:...

SnowSwap Integrates Chainlink Fast Gas Oracle

3 Feb 2021 2 minute read 4 comments SnowSwap

SnowSwap taps into Chainlink’s highly secure and fault-tolerant oracles to advance its yVault, ETH2, and other yield-bearing token swap services. We’re excited to announce that SnowSwap has integrated the Chainlink Fast Gas Oracle on mainnet into al...

Meeting LINK

2 Feb 2021 1 minute read 4 comments nosiply

One day I was wandering between coins. I saw a LINK coin. The name sounded so different and I decided to buy one LINK. I bought it and made a profit thanks to it. I made about $ 20 profit from 1 coin. Very good coin but I hope it continues like this....

Oracles - LINK, BAND, DIA & DOS & Why I Own All Four!

2 Feb 2021 2 minute read 11 comments Sapphire

An Absolute Necessity  ChainLink is a project that introduced the world to the need and brilliance of oracles. In short oracles provide a bridge between conventional commerce and the blockchain. This is a service that is pretty much inevitable and im...