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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.


Ö | Weekly Snapshot Aug 31 - Sept 6

31 Aug 2020 6 minute read 3 comments Bayarizard

*ahem*   Successes & failures aside, I enjoy hearing from other authors & reading in the comments below about what others invest in the Crypto markets (effectively putting their money where their mouths are); Since I like to lead by example, I starte...

Sleeping Giant or next FUD?

31 Aug 2020 1 minute read 0 comments Razerface

   Tellor(TRB),  is it a sleeping Giant FOMO or is it going to FUD and sizzle and break more hearts?  Well to get to the root and quick answer let's take a look at this chart.    As you can see, Tellor is more for the people to hold and obtain then o...

Oasis Network integrated with Chainlink to allow privacy-based DeFi applications

30 Aug 2020 1 minute read 0 comments Denj

Oasis Network, the privacy-centric data-sharing network, announced on medium.com it will integrate Chainlink’s market-leading decentralized oracle network to secure off-chain data resources. This reinforces the integrity and security of dApps built o...

The Pi Network and Mining Pi Coin With Your Smartphone

30 Aug 2020 1 minute read 2 comments WhaleTailMining

If you'd like to earn some cryptocurrency using your Smartphone, I recommend checking out the free app called Pi Network. Pi is a digital asset that may be earned by running a light weight application on your smartphone that will not compromise the p...

Ö | Weekly Snapshot Aug 24-30

25 Aug 2020 2 minute read 4 comments Bayarizard

*ahem*   I don't really swing trade anymore, even though I have had successes [& failures] with it, but you can read about those in my first C.A.S.H. article. I do love to do technical analysis, which thus far was lacking in my research articles lead...

3 Investor Must Have DeFi Tokens in 2020 and Beyond

25 Aug 2020 1 minute read 2 comments Cryptofivers

Are you ready to jump into DeFi token investing? Well time is ripe to get involved in the Decentralized Finance investment. A quick look at the charts shows that the demand on the sector is on the rise. An early dive into DeFi is a good decision to d...

DefiPie! Black horse of crypto and defi 2021!

24 Aug 2020 2 minute read 1 comment Savastano

Firstly, I was a little skeptical about when first time someone told me that DefiPIE is a good investment...Now is so many defi projects... hard to choose one or few the best.I remember, that in this month about this project talk CryptoZombie on him...

Dave Portnoy Doesn't Trust Bitcoin at All

24 Aug 2020 1 minute read 3 comments Abhimanyu Krishnan

Barstool founder Dave Portnoy, who was persuaded by the Winklevoss twins to invest in cryptocurrencies, has changed his stance on the asset class after making a considerable loss. Portnoy posted a video on Twitter on August 21, where he talked about...

Mischievous Monday, the mundane market and Mythology

24 Aug 2020 4 minute read 18 comments PVMihalache

Mischievous Monday I noticed that good posts are getting more dislikes, negative comments, just to see similar posts out over the next days. Not sure how people think that disliking other posts can help your post to trend. From my experience only qua...

Is Link A Fraud? Applying Benford's Law

24 Aug 2020 3 minute read 0 comments Joniernst

Benford's Law is a basic, counter-intuitive mathematical principle that has helped governments catch tax cheats and other fraud. But don't worry about any of the complicated mathematics. All that matters for the purposes of this article is that Benfo...