Chainlink
ChainlinkRank: # 19
Market Cap: $ 6,120,275,455
Volume (24hrs): $ 148,484,678
Circulating Supply: 748,099,970 LINK
Price in BTC: Ƀ 0.00012607
Change (1 Hr): -0.20%
Change (7 Days): 0.60%
Change (30 Days): 7.50%
All Time High: $ 52.70
All Time High Date: May 9, 2021
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Donald Trump’s media company to terminate Crypto.com dealCointelegraph.com News - 1 hour agoThe president’s company will unwind an agreement with Crypto.com to create a multibillion-dollar CRO treasury and reportedly not integrate prediction markets onto Truth Social.US President…
- US Treasury’s OFAC sanctions 2 Iran-linked crypto exchangesCointelegraph.com News - 2 hours agoThe US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to…
- Here’s what happened in crypto todayCointelegraph.com News - 4 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and…
- Circle expands USDC to OKX ecosystem with X Layer launchCointelegraph.com News - 5 hours agoThe rollout gives X Layer users access to Circle-issued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems.Circle has launched its USDC…
- Reform UK chair calls for probe into SBF-linked donation: ReportCointelegraph.com News - 5 hours agoAs the chairman of the Reform UK calls for an investigation into a FTX-linked political donation, the party’s leader prepares to face voters amid his…
What is Chainlink?
ChainLink is a decentralized oracle (software built on top of a blockchain), which provides external data to Ethereum smart contracts. ChainLink is an open source project, started at September 2017 by a company SmartContract. This company was already creating secure oracles for Bitcoin and Ethereum for over 3 years, but in 2017 decided to move towards their own middleware ChainLink. At the moment ChainLink is maintained by 3 developers.
The main purpose for creating ChainLink was to provide nnectivity between blockchains and external software such as bank payments, retail payments (Visa, Paypal), market data (NYSE, Bloomberg) and backend systems (SalesForce, SAP). This allows to integrate blockchain with off-chain sales and local payments, to turn them into smart contracts in exchange for LINK tockens. LINK token is an EIP20 Ethereum token with some additional functions. ICO for LINK tokens was completed on September 2017 raising total of $32.00 M.
Currently ChainLink only works with Ropsten, a test Ethereum network.
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