

Rank: # 14
Market Cap: $ 15,532,894,135
Volume (24hrs): $ 1,034,742,289
Circulating Supply: 678,099,970 LINK
Price in BTC: Ƀ 0.00019418
Change (1 Hr): 0.49%
Change (7 Days): 7.85%
Change (30 Days): 33.06%
All Time High: $ 52.70
All Time High Date: May 10, 2021
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- Crypto to become UAE’s second-biggest sector in 5 years — Institutional investorCointelegraph.com News - 3 hours agoThe crypto industry is set to experience massive growth in the United Arab Emirates (UAE) due to its pro-tech and business regulations. The crypto sector…
- Blockchain security must localize to stop Asia’s crypto crime waveCointelegraph.com News - 7 hours agoWithout localized risk detection and public–private cooperation, illicit capital will continue to flow unchecked, and trust in the system will collapse. Opinion by: Slava Demchuk,…
- Here’s what happened in crypto todayCointelegraph.com News - 8 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- S&P Dow Jones in talks to bring tokenized indexes to exchanges, DeFi: ExecCointelegraph.com News - 8 hours agoS&P Dow Jones Indices is exploring partnerships with major exchanges, custodians and DeFi protocols to launch tokenized versions of its benchmarks. S&P Dow Jones Indices…
- Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whaleCointelegraph.com News - 10 hours agoBitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional…
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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