Chainlink


Chainlink is a framework for building Decentralized Oracle Networks (DONs) that bring real-world data onto blockchain networks, enabling the creation of hybrid smart contracts. These DONs provide decentralized services such as Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and the ability to connect to any web API.  It aims to ensure that the external information (pricing, weather data, event outcomes, etc.) and off-chain computations (randomness, transaction automation, fair ordering, etc.) fed to on-chain smart contracts are reliable and tamper-proof.

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by COINS NEWS - 1 year ago

Chainlink (LINK): Big part of crypto’s future

Hi all, recently I read a comment about LINK that prompted me to do my own research about LINK. I was surprised and started my own bag as a result. Chainlink is a decentralized oracle network. Chainlink uses open-source blockchain tech in order to m...