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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.


Markets: Are we landing or crashing?

11 Dec 2020 1 minute read 0 comments kodi0014

I am not going to talk much on this post, but leave you to judge for yourselves. Also I have been saying this kind of stuff for months now.  Stocks going higher, but big investors pulling money out of the market: Also note how before the March crash...

Facebook Crypto DIEM VS Tether

11 Dec 2020 1 minute read 7 comments Coincobra

Currently, stablecoin Tether is the fourth most traded cryptocurrency in the world calling attention to its performance. To give you an idea even the american government to use to carry out financial transactions. This is due to the fact that the USD...

Band protocol vs Chainlink - Which one to buy??

10 Dec 2020 1 minute read 2 comments Fab G

If you compare these both oracle tokens: Chainlink is the #1 but Band is growing. The latest contract with Fantom is quite promising  Band uses Cosmos blockchain whereas Link is on Ethereum network Cosmos DeFi projects represent a huge potential whe...

Chainlink (Link) Has Completed Gartley Move For Upto 34.5% Move

10 Dec 2020 1 minute read 3 comments moon333

On daily chart, the price action of Chainlink (LINK)  has completed bullish Gartley pattern, now it has entered in the potential reversal zone. There are also 100 simple moving average support in the potential reversal zone.  Click here to create fr...

HOW TO ORGANIC CREATE YOUR CRYPTO NETWORK

9 Dec 2020 1 minute read 2 comments bmvtyea

In my first post i've explained how you can actually boost your earnings with faucets with consistancy and most important your referrals. In this post i'm actually going to show my experience and my tactics on how you can organic increase your referr...

IRISnet Monthly Update (2020.11 — Community & Technical Recap)

8 Dec 2020 7 minute read 0 comments Cosmos Network Family and Friends

Dear IRISnet Community, November has been full of moments of information and growth for the whole community thanks to the AMA with Mr. Henry Ma, BSN’s Chief Architect & CTO of Red Date Technology, and the meetings of the Ti-Labs Working Group in coll...

Number of LINK addresses from 1000 and more coins grows

7 Dec 2020 1 minute read 1 comment World Crypto

The accumulation of ChainLink (LINK) tokens continues; this trend was again drawn to the attention of Santiment analysts at the end of this week. They found that over the past month, the total number of addresses with a thousand or more LINK coins ha...

Should I invest in Chainlink?

6 Dec 2020 1 minute read 10 comments Tobares2001

Most of the information I receive about cryptocurrencies comes from YouTube, so I have to assess the information very carefully.  Some time ago I started to see a youtuber who talked about Chainlink easily reaching $ 100 in the future and that theref...

Technical Analysis: Chainlink 6/12/2020

6 Dec 2020 1 minute read 4 comments Crypto Army

In this article we are going to discuss pure Technical Analysis of Chainlink, after suffering a dip following the latest move of Bitcoin, pulling back LINK below the previous support line. We are going to discuss potential support lines, resistance,...

Trading for Beginners: 4. Common Patterns

5 Dec 2020 2 minute read 1 comment Crypto Army

This article is a continuation of several previous articles providing basic informations regarding technical analysis. Mastering T.A enables the trader to predict price movements, achieve good entries, prevent losses and decrease the risk of each tra...