Chainlink (LINK) News

ChainLink is able to use APIs, data pools and other real-world sources. It starts the possibility of smart contracts to use any data source. It will be very helpful for the project that needs off chain data to be useful. By allowing the blockchain access to data sets, ChainLink seeks to be the bridge between traditional data and the future of the blockchain technology. The ChainLink creates a bridge between on-chain resources and off-chain resources. This means there are two primary components – on chain infrastructure an off-chain infrastructure. On-chain smart contracts are the first component of the Chainlink’s architecture. The oracles will take user requests regarding off-chain data, submitted to the network by using a requesting contract and process them, sending them to the right smart contracts which match with an oracle which can provide the needed off-chain data. Three types of contracts can help with matching – the reputation contract, the aggregating contract, and the order matching contract. The reputation contract makes sure that the Oracle provider is trustworthy. If it is, then the request is passed to an appropriate oracle based on the service level being requested. Lastly, the aggregating oracle collects data from the selected oracles and delivers the best results to the requesting contract.
Suku partners with Chainlink BUILD to expand Blockchain payment solutions

Suku partners with Chainlink BUILD to expand Blockchain payment solutions

Suku links up with the Chainlink BUILD program for speeding up the expansion of the ecosystem and acceptance of blockchain…

Chainlink CCIP presently activated on Gnosis

Chainlink CCIP, a benchmark for blockchain interoperability services, will offer builders on Gnosis safe and user-friendly connectivity for creating applications…

DOMANI connects with Chainlink CCIP, and price feeds

DOMANI adopts Chainlink CCIP and price feeds to initiate cross-chain bridging of their DEXTF token, allow calculated transformations, and exhibit…

Chainlink eyes $20 breakout amid market surge

As most cryptocurrencies have experienced bearishness in the past several days, Chainlink has remained relatively stable and even spiked by…

DTCC, Chainlink pilot accelerates fund tokenization with major banks on board; LINK soars 7%

The Depository Trust and Clearing Corporation (DTCC), recognized as the world's largest securities settlement system, has successfully completed a pilot…

Chainlink VRF powers 20 Million transactions across blockchains

With over 20 million request transactions completed for thousands of smart contracts across many blockchains, Chainlink Verifiable Random Function (VRF)…

Slothan secures $15 million amid Chainlink’s 28% drop

In the crypto world, the last entrant is Slothan, who attracted attention before the presale. The project has exceeded $15…

LINK set for Liftoff? Analyst unleashes buy signal & price target

Chainlink is one of the most prominent Oracle service providers in the market. Given the platform’s status, Chainlink also adds…

Chainlink eyeing potential breakout: Can LINK hit $20?

Chainlink, the renowned oracle network, has created a bullish setup for its native crypto, LINK. The setup boasts the capability…

Chainlink Staking v0.2 goes live on mainnet

Chainlink has announced that Staking v0.2 is now live on the mainnet. This allows LINK stakers to migrate their holdings…