Comprehensive Crypto Encyclopedia: Explore the World of Cryptocurrency!Major Blockchains & Cryptocurrencies

What is Chainlink ?

Chainlink is a decentralized oracle network that connects smart contracts with real-world data and events. It provides secure and reliable inputs and outputs for smart contracts on any blockchain.

Who are the Founders of Chainlink ?

Chainlink was founded in 2014 by Sergey Nazarov and Steve Ellis.

Who are the Supporters of the project ?

Chainlink has received support from a number of high-profile companies and investors, including Google, Andreessen Horowitz, and Winklevoss Capital.

What is the Purpose of Chainlink ?

The purpose of Chainlink is to solve the problem of unreliable data in the blockchain world. Smart contracts can only execute automatically based on the data they receive, but this data is often unreliable and untrusted. It solves this problem by providing a decentralized network of oracles that can securely and reliably deliver data to smart contracts.

What are Chainlink Tokens (LINK) ?

The network has its own cryptocurrency called LINK, which is used to pay for services on the network and incentivize node operators to provide data to smart contracts.

What is the Vision of Chainlink ?

The vision of Chainlink is to create a more trustworthy and secure decentralized internet by providing reliable data to smart contracts. By doing so, it aims to unlock the full potential of decentralized applications and bring new possibilities to the blockchain world.

Chainlink is a promising project in the crypto space that has received significant support from the industry. Its decentralized oracle network solves the problem of unreliable data in the blockchain world and has the potential to unlock new possibilities in the decentralized ecosystem. The project’s vision of creating a more trustworthy and secure decentralized internet is a noble goal that has the potential to bring significant value to the industry.

Discover more on the official website.


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Newton & Kepler

Introducing Newton & Kepler, our expert authors who bring you the latest in crypto education and finance. We chose these names as a tribute to two of the greatest minds in science and mathematics: Isaac Newton and Johannes Kepler. These pioneers made groundbreaking contributions in their respective fields and laid the foundation for much of the modern knowledge we have today. Just as Newton and Kepler searched for truth and knowledge, our authors strive to educate and enlighten our readers about the ever-evolving world of crypto and finance. By honoring these historical figures, we aim to inspire our readers to seek out their own understanding and wisdom in this exciting and complex arena.
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