COIN OF THE WEEK: 5 FACTS ABOUT CHAINLINK
#Chainlink is as a decentralized oracle network built on Ethereum. By cross-referencing data, oracles guarantee the validity of smart contracts.
Chainlink white paper was introduced in 2017; the network took off in 2019. In 2018, #LINK integrated Town Crier, an oracle connecting #Ethereum with HTTPS. In 2020, LINK integrated DECO, a ZK-proof protocol that allows verification of data while keeping it private.
Chainlink encourages users to provide data in exchange for LINK bonuses. LINK is open-source, meaning any blockchain can connect to its data.
Chainlink is implemented by Google, Oracle, BSN and SWIFT. LINK's VRF (verified random function) system is used in election results monitoring and gamefi industries.
LINK native token is an ERC-677 which is a branch of ERC20 and thus compatible with ERC20 wallets. The total supply of LINK is 1 billion.
On Guarda, you can buy, sell LINK, manage and swap it on both #ETH & #BSC. Get the wallet now!
