Chainlink (LINK)

1M
LINK
4.4363 USD -2.29%
0.00046201 BTC +2.91%
LINK
$ 4.4363 -2.29%
0.00046201 BTC +2.91%
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What is Chainlink?
Chainlink (LINK) is an ERC-20 token designed/based on the Ethereum blockchain. The token serves as a payment for Chainlink Node operators for their off-chain data retrieval, formatting data into blockchain readable formats, off-chain computation and uptime guarantees.

The token also functions as collateral for node operators to prevent bad actors. Its network provides a bridge between cryptocurrency smart contracts and off-chain resources (e.g. data feeds), various web APIs and traditional bank account payments. Chainlink allows smart contracts to communicate with external resources on its own. It is considered a middleware meant to serve as an oracle that links smart contract with real world data. More precisely, a series of decentralized oracles link with blockchain APIs.

Technology & Supply

Learn more technical information about the digital asset.

Currency Type Token
Proof Type Not mineable
Total Supply 1,000,000,000 LINK
Circulating Supply 380,009,559 LINK

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