Chainlink (LINK) is decentralised oracle network aggregating, validating and sending data to connect smart contracts to the real world. It’s a very exciting project as they have large first mover advantage and many large partnerships. I also explain smart contracts and oracles in simple terms with examples to give a basis for understanding Chainlink’s potential.
If you appreciate my contribution to the cryptoverse and want to support me I would be grateful if you could help me stay caffeinated ;-). I’ve opened up tier 1 of my Patreon and working on opening the doors to tier 2 with exclusive content and community conversations in October. Check it out here: https://www.patreon.com/cryptogenesis
Connect on Twitter: CryptoGenesisMo
Join me on Patreon: https://www.patreon.com/cryptogenesis
Homepage: https://chain.link/
Twitter: https://twitter.com/chainlink
Telegram: https://t.me/chainlinkofficial
White paper: https://research.chain.link/whitepaper-v2.pdf
Timecodes
0:00 Introduction
0:39 Chainlink overview
1:40 Chainlink price development
2:03 What is a Smart Contract?
3:30 What is an oracle?
4:29 Oracle risks?
5:31Chainlink owns the oracle market today.
5:49 The Team.
6:49 Chainlink ecosystem
7:37 Token distribution
8:25 AccuWeather and Chainlink
8:42 Arbitrum One and Chainlink
9:11 Swisscom launches Chainlink Node for DeFi Data.
9:30 Summary and Chainlink price prediction.
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NOT FINANCIAL ADVICE – ENTERTAINMENT PURPOSE ONLY
This information nor any of the resources available in our Patreon, available for download and information expressed in forums, chats and similar, is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information shared is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation. I have done my best to ensure that the information shared is accurate and provide valuable information. Regardless of anything to the contrary, nothing of what is shared should be understood as a recommendation that you should not consult with a financial professional to address your particular situation. Seek competent financial advice from a professional who is familiar with your situation before making any investment decisions.
#chainlink
#oracle
#smartcontracts
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