Chainlink News

Chainlink is a decentralized oracle network that allows public blockchains and smart contract platforms to bring external, off-chain data sources to on-chain operations with minimal trust in third parties. It is one of the most high-profile projects tackling the oracle problem — the ongoing challenge of bridging real-world data such as market stats, event outcomes and even the weather to blockchain without relying wholly on centralized data providers. 

The roots of Chainlink go back to September 2014 with its parent company, SmartContract, which aimed to create a middle-layer infrastructure between blockchains and the real world. Its original solution relied on centralized oracles, which prompted the development of a decentralized alternative with the Chainlink network. In September 2017, Chainlink raised funds through an initial coin offering to the total of $32 million. The mainnet launched on Ethereum in June 2019. 

Chainlink’s native token, known as LINK, is used to pay the network’s node operators, or oracles, for providing secure data feeds. Eventually, oracles will be able to stake LINK as collateral to provide data feeds to specific decentralized applications, bringing skin-to-the-game mechanics for added security and certainty. 

Price Analysis
Bitcoin could pick up momentum above $56,100 and that could attract buying in DOT, UNI, LINK, and XMR.
Top 5 cryptocurrencies to watch this week: BTC, DOT, UNI, LINK, XMR
Rakesh Upadhyay
2021-10-10T19:00:00+01:00
32315
Sponsored
Leveraging blockchain technology and partnerships with Polygon and Chainlink, one online poker platform is positioning itself to reach new audiences with guaran...
Akon gives the play-to-earn poker platform a shoutout for being the next wave of gaming
Sarah Jansen
2021-09-24T10:48:00+01:00
11849
Price Analysis
If bulls flip $52,000 to support, Bitcoin could see a substantial breakout that is likely to pull more buyers into select altcoins.
Price analysis 9/6: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK
Rakesh Upadhyay
2021-09-06T21:35:00+01:00
52165
Altcoin Watch
The price of LINK also surged in the wake of a marketwide bullish boom, wherein Bitcoin and its top rivaling altcoins jumped in tandem.
LINK price locks in 36% gains following Ethereum layer 2's Chainlink integration
Yashu Gola
2021-09-06T18:30:41+01:00
14647
Price Analysis
This week’s sharp rally in Bitcoin and Ether signals that bulls are back in control and altcoins are likely to follow.
Price analysis 9/3: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK
Rakesh Upadhyay
2021-09-03T21:06:10+01:00
62763
Altcoin Watch
LINK price is struggling to maintain its bullish momentum, but derivatives data shows a clear path to $40 in the long term.
Chainlink (LINK) looks for momentum while pro traders target $40
Marcel Pechman
2021-08-26T18:38:34+01:00
16836
Altcoin Watch
Derivatives data and recent protocol developments signal that retail traders have turned bullish on FIL.
Time to pump? Data suggests traders intend to push Filecoin (FIL) above $100
Marcel Pechman
2021-08-24T00:30:00+01:00
22064
News
Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and verifiable random function on the lay...
Chainlink launches data oracles on Arbitrum One's Ethereum scaling solution
Samuel Haig
2021-08-13T04:58:19+01:00
11328

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