Basics: Difference between revisions

Revision as of 02:53, 25 March 2022

Chainlink - The basics

A brief description of......goes here.

The oracle problem

What is the oracle problem? The oracle problem is the challenge of connecting smart contracts to off-chain resources due to the inherent security properties of the blockchain. This oracle problem exists for every blockchain network and smart contract platform.^[1] For more details on the oracle problem click HERE.

Smart contracts - general

Blockchain agnostic

https://blog.chain.link/chainlinks-blockchain-agnostic-design/

Chainlink specific contracts

Market & data feed speific contracts. We've broken the history out into contract-based milestones.
- Direct Request / Runlog (DR)
- Flux Monitor (FM)
- Offchain Reporting (OCR)
- (what could be next)

Keeper contracts.

VRF contracts.

Oracles

The Link token

THIS A LINK TO THE CHAINLINK BASICS

https://blog.chain.link/what-is-chainlink/

SECTIONS TO EXPAND

TOKEN - ERC677

‎

↑ https://www.smartcontractresearch.org/t/research-summary-chainlink-2-0-next-steps-in-the-evolution-of-decentralized-oracle-networks/300

[1] ttps://www.smartcontractresearch.org/t/research-summary-chainlink-2-0-next-steps-in-the-evolution-of-decentralized-oracle-networks/300

[1]

@@ Line 1: / Line 1: @@
+{{:Box-round|title=Chainlink - The basics|
+<big>A brief description of......goes here.</big>}}
 __TOC__
-<h2>The oracle problem</h2>
+{{:Box-round|title=The oracle problem|
+<big>What is the oracle problem?</big>
 The oracle problem is the challenge of connecting smart contracts to off-chain resources due to the inherent security properties of the blockchain. This oracle problem exists for every blockchain network and smart contract platform.<ref>https://www.smartcontractresearch.org/t/research-summary-chainlink-2-0-next-steps-in-the-evolution-of-decentralized-oracle-networks/300</ref>
+For more details on the oracle problem click [[the_oracle_problem|'''HERE''']].
+}}
 <H2>[[Smart contracts|Smart contracts - general]]</H2>