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 - 2 years ago

Cardano now officially integrating Chainlink oracles

Going down the marketcap list, basically every single project in crypto that interacts with smart contracts has now integrated Chainlink with very few exceptions. I counted 36/100 from the front page, which would be an even higher percentage when you...

by COINS NEWS - 2 years ago

Why oracles such as Chainlink are so important.

I browse through this subreddit fairly often and I rarely really see anyone properly bring up Chainlink or oracles. I feel like many people here do not know much on the topic. So what makes an oracle so important? ​ Firstly I'll quic...

by COINS NEWS - 2 years ago

A bullish perspective on Chainlink (LINK)

As you should know, the fundamentals of a project are as important as the investor adoption. If the project is actively developing is one of the fundamental criteria. Furthermore, with a project that works in a Business to Business (B2B) model, i.e....