What is Chainlink (LINK)?
Chainlink is a decentralized oracle network launched in 2017, designed to connect smart contracts on the blockchain with real-world data in a secure, accurate, and reliable manner.LINK, its native token, is used to pay for services within the network, incentivize node operators, and ensure the integrity and accuracy of the information transmitted.
Among the main features of Chainlink (LINK) are:• Bridge between blockchain and the real world: it allows smart contracts to access market prices, interest rates, weather data, and more.• Advanced security: it uses multiple nodes and independent data sources to prevent manipulation and ensure availability.• Global adoption: LINK is used by hundreds of DeFi projects, NFT platforms, Web3 video games, and technology companies around the world.
Thanks to Chainlink, decentralized applications can operate with verified data in real-time, unlocking a wide range of everyday use cases. That is why it has established itself as the leading standard in blockchain oracles, expanding the utility of cryptocurrencies beyond simple value transfer.
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