Chainlink is a decentralized oracle network that securely connects smart contracts with real-world data, APIs, and payment systems. By providing reliable and tamper-proof external information to blockchain applications, Chainlink enables the development of more complex and feature-rich smart contracts across various industries. LINK, the native token, is used to pay node operators for their services within the network, incentivizing the provision of accurate and timely data.
What is ChainLink (LINK)?
Discover the key facts about ChainLink (LINK).
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Looking for more resources?
What is Cryptocurrency? A cryptocurrency is a form of digital currency that uses cryptography and blockchain to encrypt, secure, and verify transactions and proof of ownership. Read more
What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
How to Calculate and Give Zakat with Crypto Donations To give Zakat using cryptocurrency, The Giving Block is your one-stop destination to find and support charitable organizations. Read more
