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 and a few altcoins have broken above key resistance levels, which suggests that the bulls are attempting to take control of the market.
Price analysis 9/16: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV
Rakesh Upadhyay
2020-09-16T22:30:00+01:00
9428
Price Analysis
Bitcoin and several altcoins are trying to break out of their respective overhead resistance levels in order to restore bullish momentum.
Price analysis 9/14: BTC, ETH, XRP, BNB, DOT, LINK, BCH, CRO, LTC, BSV
Rakesh Upadhyay
2020-09-14T20:51:00+01:00
14521
News
Crypto.com believes that having control over one's finances, data and identity is a basic human right.
Crypto.com views Chainlink integration as a gateway to DeFi
Michael Kapilkov
2020-09-14T14:36:50+01:00
9312
Price Analysis
Bitcoin remains stuck in a tightening range but select altcoins may begin moving higher if they bounce off their key support levels.
Top 5 cryptocurrencies to watch this week: BTC, BNB, NEO, YFI, LINK
Rakesh Upadhyay
2020-09-13T19:57:00+01:00
18426
Explained
Oracles have played a major role in the huge growth of the DeFi ecosystem observed in 2020.
DeFi oracles, explained
Anirudh Tiwari
2020-09-11T21:00:00+01:00
Price Analysis
Although Bitcoin price is range-bound, a few altcoins have started a relief rally which could push them above key resistance levels.
Price analysis 9/11: BTC, ETH, XRP, LINK, BCH, DOT, BNB, LTC, CRO, BSV
Rakesh Upadhyay
2020-09-11T19:35:00+01:00
17133
Markets News
After a brief hiatus from crypto trading, Dave Portnoy says he’s coming back to Bitcoin, but are there other reasons for his return?
‘My heart is crypto’ — Dave Portnoy says he’s back into Bitcoin trading
Joseph Young
2020-09-09T22:36:00+01:00
10081
Price Analysis
If the bulls can find momentum from the current bounce in Bitcoin and altcoins a short-term bottom may be in place.
Price analysis 9/9: BTC, ETH, XRP, LINK, BCH, DOT, BNB, BSV, LTC, CRO
Rakesh Upadhyay
2020-09-09T19:08:00+01:00
19871

Follow us on Facebook