

Rank: # 17
Market Cap: $ 8,655,268,694
Volume (24hrs): $ 386,091,653
Circulating Supply: 657,099,970 LINK
Price in BTC: Ƀ 0.00012577
Change (1 Hr): -0.67%
Change (7 Days): -9.61%
Change (30 Days): -18.83%
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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- Canada’s Sol Strategies files with SEC to list on the NasdaqCointelegraph.com News - 8 minutes agoSol Strategies’ stock price rose by more than 4% following the announcement that it has filed to be listed on the Nasdaq exchange. Sol Strategies,…
- Pacific nation Nauru passes law to establish a crypto regulatorCointelegraph.com News - 42 minutes agoThe brother of former FTX CEO Sam Bankman-Fried once plotted to buy Nauru and build a doomsday bunker using funds from the now-defunct crypto exchange.…
- Bitcoin to Ether shift going unnoticed with ‘bear market PTSD’ — TraderCointelegraph.com News - 44 minutes agoA crypto analyst says the altcoin season “we are all craving for” now hinges on Ether doing better and showing strength. Crypto market interest is…
- Ohio House passes bill allowing up to $200 tax-free crypto paymentsCointelegraph.com News - 45 minutes agoOhio’s House passed a bill to legally insulate various crypto activities, such as mining and staking, and exempt some transactions from capital gains tax. Ohio’s…
- Need ChatGPT’s help? It could be making you dumberCointelegraph.com News - 55 minutes agoMIT research has found heavy use of ChatGPT impairs memory, lowers brain engagement and may hinder learning by replacing critical cognitive processes. Artificial intelligence chatbots…
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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