Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
Who Are the Founders of Chainlink?
SmartContract.com was founded in 2014 by Sergey Nazarov. It is an intermediary company providing external data to the blockchain which Oracle was formerly a centralized network.
Later in 2017, the company was renamed to Chainlink and developed a decentralized Oracle network connecting with a smart contract platform to pull the external data into the blockchain.
Key Metrics
| Ticker | Link |
| Token Name | Chainlink |
| Token Type/Protocol | ERC-20 |
| Total Token Supply | 1,000,000,000 LINK |
| Current Circulating Supply | See Coinmarketcap |
| Market Capitalization | See Coinmarketcap |
| Token Creation Date | 2017 |
| Can it be mined? | Yes |
Insights
- Link is regarded as the Blockchain industry's most potent Oracle Network. It is being used by a lot of well-known Defi initiatives, including AAVE, Synthetic, Compound, PAXOS, and ENS.
- There are currently 467,000,000 Link tokens in the market out of a total of 1,000,000,000 Link. About 47% of the entire amount of coins.
Official Website: https://chain.link
Whitepaper: https://chain.link/whitepaper
Note
Cryptocurrency and digital tokens are high risk. You may lose the entire investment amount. Please study and invest appropriately with your acceptable risk level.