Chainlink (LINK) is a decentralized oracle network that aims to bridge the gap between smart contracts on the blockchain and real-world data and events. Smart contracts are self-executing contracts with the term
Originally developed fordigital currency, blockchain is now used across various industries. Applications range fromsmart contracts, which are computer programs running on the blockchain, to records management in healthcare andidentity and access management(IAM).Decentralized finance(DeFi),gaming, andmetave...
In a blockchain,the ledger is distributed, meaning many computers (called nodes) hold an identical copy of the ledger. On some blockchain networks, the number of nodes can reach into the tens of thousands. Bitcoin, for example, has over 50,000 nodes globally, with more than 17,000 reacha...
“This is historic. […] He said that he wanted to make the United States the center of the cryptocurrency universe, to take the lead in the world, and he’s doing it.” Chainlink co-founder Sergey Nazarov, who is attending the event, told Bloomberg on March 6 that he expects the cr...
Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.Chainlink is one LCX’s official partners and LCX is a data-provider to the chainlink network.Chainlink is a platform that is bridging the ever increasing gap between external data source...
Cardano (ADA -5.91%) is a blockchain platform that has set its sights high with a goal to make the world work better for everyone and redistribute power to the margins. ADA tokens are its native cryptocurrency, which are used to pay transaction fees on Cardano. They can also be staked ...
What good is a safe, dependable, smart contract on the blockchain if the data it relies on is suspect? This problem is solved by Chainlink (a decentralized network of nodes), which uses oracles to provide data and information from off-blockchain sources to on-blockchain smart contracts. Thi...
What is a DApp? A decentralized application (DApp) is a type of distributed, open source software application that runs on a peer-to-peer (P2P) blockchain network rather than on a single computer. DApps are similar to other software applications that are supported on a website or mobile de...
Oracle is a system that provides real-time data for blockchains and smart contracts. Thanks to Oracle, blockchain and smart contract (on-chain) can interact with external data (off-chain). The 3 prominent Oracle projects on BSC are: Chainlink : The market leading Oracle project has announced...
Chainlink has a Token called LINK,is an ERC677 tokenwhich is used as a means of payment to network node operators. This payment is the reward for the recovery of data from external data sources to the chain, for giving the format of blockchain data to readable formats, for the computation...