Chainlink
ChainlinkRank: # 20
Market Cap: $ 5,572,422,966
Volume (24hrs): $ 146,771,388
Circulating Supply: 748,099,970 LINK
Price in BTC: Ƀ 0.00012272
Change (1 Hr): 0.19%
Change (7 Days): -6.03%
Change (30 Days): -16.18%
All Time High: $ 52.70
All Time High Date: May 10, 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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- SecondFi targets two-week recovery after Cardano wallet exploitCointelegraph.com News - 4 hours agoSecondFi says it has completed forensic investigations, taken a final balance snapshot and is preparing to return assets.Cardano wallet SecondFi has identified a recovery path…
- EU lawmakers urge assessing DeFi, staking, NFT regulationCointelegraph.com News - 8 hours agoThe nonbinding report outlines Parliament’s vision for future EU crypto regulation and warns against national MiCA rules.The European Parliament’s economic affairs committee has urged the…
- Securitize expects to raise $400M ahead of public debutCointelegraph.com News - 11 hours agoSecuritize says less than 30% of shareholders in the acquisition firm taking it public elected to redeem, giving it an expected $400 million on its…
- Here’s what happened in crypto todayCointelegraph.com News - 11 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…
- SOL reclaims $72, but onchain data flags weakening momentumCointelegraph.com News - 14 hours agoSolana found strength from tokenized stock trading on its network, but a declining TVL and DEX volumes point to fading momentum. Key takeaways:Solana native token…
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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