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About Chainlink

From Chainlink Community Wiki

Revision as of 00:17, 16 March 2022 by Admin (talk | contribs)

Quick take - Chainlink

Chainlink is secure, open-source blockchain middleware (referred to as an “oracle”) that provides smart contracts with any type of data or computation that they cannot inherently obtain on their native blockchain due to technical, financial, governance, or legal constraints.

Unlike blockchains, which maintain internal consistency around transaction validation, Chainlink aims to generate and deliver oracle reports to blockchains that accurately reflect the state of external events and computation. Chainlink oracles are able to generate oracle reports because the Chainlink oracle node software can read data from and write data to blockchains and APIs and perform off-chain computation.

https://blog.chain.link/chainlink-enterprise-blockchain-middleware/

Chainlink overview

Chainlink is a permissionless protocol and an open-source framework for the creation of decentralized oracle networks that feed reliable and high quality data into your smart contracts and provide secure off-chain computation services. FROM SYL - NEEDS EDITING

Team


Chainlink Labs


Advisors


Grants


Fellowship-program


Fellowship-program

  • Hackathon
  • Oracle olympics


Smartcon