Details
Asset Name Chainlink
Trade Ticker LINK
Logo Icon
Asset Type Token
Total Supply 1,000,000,000
Proof Type PoS
Algorithm ethash
Website https://chain.link
Explorer https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca
Sourcecode https://github.com/smartcontractkit
Whitepaper https://link.smartcontract.com/whitepaper
Coingecko https://www.coingecko.com/en/coins/chainlink
Coinmarketcap https://coinmarketcap.com/currencies/chainlink/
Description

Chainlink is a blockchain-based middleware, acting as a bridge between cryptocurrency smart contracts and off-chain resources like data feeds, various web APIs, and traditional bank account payments.

This way, Chainlink allows Smart Contracts to communicate with external resources on their own. LINK is an ERC20 token based on the Ethereum Blockchain.

It is used to pay Chainlink Node operators for the retrieval of data from off-chain data feeds, formatting of data into blockchain readable formats, off-chain computation, and uptime guarantees they provide as operators. The Chainlink token is also used as a collateral for node operators, which prevents bad actors.

START TRADING ON OMGFIN TODAY