Basics

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.

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.

The Link token

THIS A LINK TO THE CHAINLINK BASICS

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

SECTIONS TO EXPAND

TOKEN - ERC677

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