BUILD

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

Fantastic_Ad_3076

Come see me @ boballenmotorskc.com lol fr though Anyone want to take a small car dealership into web³ ? ! I own and operate one and am willing and interested! HMU! We are changing the narrative on how business is done right there in the conemunity! We are farmers, car dealers, meat markets, utility workers, tradesmen and women, leaders and followers; We are a family. A Conemunity Our credit union take over will be dubbed Conemunity America Credit Union. Here's the play: 1. MOVE all USD fiat to Credit union from public and private banks (drain anf reallocate our LP) 2. DEMAND with majority members vote of CU to change name 3. DECLARE BitCONE as backed by our deposits and acceptable as a payment (create irl LP) 4. OFFER VISA AND MASTERCARD fee based deals to utilize their cards on our networks. 5. BUILD BITCONE CITY ON EARTH MOON AND MARS AND A HALO IN SPACE AS A WAY STATION! May have skipped a couple steps but you get the idea!

XXsforEyes

I get the warning about circulating supply but If BR and Fink want to tokenize Wall Street they’re gonna have to pick some purpose-built blockchain to scoop up coins from on the cheap. How they could do this in a cost effective manner with a coin that’s already 90-100% in circulation I can’t imagine. As I understand it, they’re only starting to buy so being exit liquidity is pretty unlikely at this time imo. Of course no one goes blow-for-blow with 4-dimensional-chess-playing-infinitely-deep-pocketed BlackRock so there’s that. There are also three or four other big VC firms, including Fidelity that are eyeballing the top 15 (or more) RWA projects, and there’s substantial overlap across the top projects. For what it’s worth. IMO the bigger concerns is the BlackRock BUILD fund with its initial deployment of 100 million (a drop in the bucket for BR, I know) being deployed on Ethereum, and more importantly, the fact that BTC is gonna eat everything in a multi-trillion RWA space. Anyways, ear to the ground there’s a buck to be made in there somewhere.

JustStopppingBye

Did you miss chainlink as the conference? Do you know what their BUILD program is?

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

JustStopppingBye

Its not innovative, theyre literally just copying chainlinks BUILD program.

Abanikandy

Chainlink BUILD program. Not sure if I can share links here but you can go on Twitter and find the staking v0.2 blog for details.

TouchingZen

Right lmao if you're tryna build wealth buy the asset that has one of the worst R:R profiles just because gud tech No bro if u wanna preserve wealth buy btc If you want to BUILD wealth then up your risk and go for gold

JustStopppingBye

Seems like you know all about it. Dont be salty about not getting into staking. Maybe ill send you some BUILD rewards.

JustStopppingBye

What a stupid comment. Are you mad that you didn't get into link staking? Did you know I'm going to get over 80+ tokens from chainlinks BUILD program?

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

coinfeeds-bot

tldr; Summary: Cointelegraph has formed a strategic collaboration with Chainlink Labs to support Web3 startups. This collaboration will align the Cointelegraph Accelerator and Chainlink BUILD programs, providing marketing and technical support to accelerate the growth of next-gen Web3 projects. Chainlink Labs will offer technical support, mentorship, and access to their decentralized computing platform, while Cointelegraph will provide marketing support, media strategy, and access to industry events. This collaboration aims to help startups find product-market fit, accelerate their growth, and securely scale their applications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

torvaman

no way to tell yet, BUILD rewards havent been announced

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

Rice-Fragrant

It’s not about the degree, ITS ABOUT MARKETABLE SKILLS. It could be a skilled trade, STEM etc… all that matters is that you need have a skill set that is well payed. For example, Walmart truck driver makes about $120,000 on average, no degree required where as a teacher makes about 1/2 of that but a degree is required. A unioned high rise Crain operator makes about $150,000-$200,000 or more, no college degree required… about the same as a pediatrician or pathologist but in $250,000 in student loan debt. I didn’t finish university but I had enough college credits to get a job as a lab technician and my income last year was about $55,000… slightly more than an average biology degree holder working as a lab tech. I already have a payed off house (thanks to dumping fiat debt coupons for hard assets) and zero debt… for a normie indebted person to be able to pocket the same amount as someone like me (debt free super saver), they actually would need to make almost TWICE AS MUCH in the same average cost of living state ($110,000) AND 4x AS MUCH in a high cost of living state like California to be able to DCA at the same rate. I pretend I am making rent/mortgage payments when I PAY MYSELF IN HARD ASSETS like bitcoin. Personally, I still want to complete my education, simply because I can and it wouldn’t hurt, I can easily afford it having a frugal life and lots of savings. There are TONS OF OPTIONS TO EDUCATE YOURSELF that did not exist a few years ago. Many reputable universities now have online options for working adults… some Ivy Leagues even offer online degree programs too via their extension programs. THERE IS ZERO EXCUSE TODAY TO NOT BUILD SKILLS… either university or trade school or self taught… you better get some skills. Just don’t be a dumb normie becoming a debt slave and wander why you’re living paycheck to paycheck. I have well educated relatives WITH NEGATIVE NETWORTH because they are drowning in debt. Education does not have to be exorbitant if you actually make a game plan.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

JustStopppingBye

>Should I be staking my link? Yes, you can get BUILD rewards from staking as well. The v.02 version should be opening soon. https://staking.chain.link/

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

torvaman

exactly this. Chainlink doesn't have to rely on VC money because they actually sold their tokens to use them to BUILD. I dont want to come across as this is "bullish selling", but chainlink labs has hired world class talent, bolstered their node operators, and been able to deliver on their promises better than any other project and didnt need to make sketchy promises to wall street sharks.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

chivakenevil

>That seems like such a ridiculously small cap Thats because the amount is actually tied to the value they secure. > were you able to stake yep. Ill have priority access for the next version to restake. Also dont forget BUILD rewards. Stakers in the first version will get free tokens for just staking early (50+ participants right now ) who have given chainlink a portion of their token supply to accelerate their ecosystem growth. https://blog.chain.link/chainlink-build-program/

CointestMod

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

CointestMod

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

Traveler-0854

BUILD THE WALL!!! Kidding. Sort of 😉🤷‍♂️

chivakenevil

Are you? You make blanket statement and don't actually explain anything. You sound salty cause you missed out on staking. Did I mention I get 44 tokens from the BUILD program?

daydreaming1980

bullish for the long term sorry... these conversations have been repeated in all cycles. .. the pattern is the same. DCA BUILD HOLD cash out buy again

daydreaming1980

we are in a bear market... Personally because i am not trading I prefer focusing in development and not price charts.. **BUILD** **HOLD**

hateschoolfml

BUILD

c062785

Sent them a message for BUILD, not much there to help us integrate or use their product... https://strike.me/developer/

KPTA-IRON

This is FUD and cz already addressed this - they are dying to make binance look like ftx “4. More FUD about some departures. Yes, there is turnover (at every company). But the reasons dreamed up by the “news” are completely wrong. As an organization that has grown from 30 to 8000 people in 6 years, from 0 to the world’s largest crypto exchange in less than 5 months from founding (and HELD ON to that position ever since), we have been able to protect our users at all times and we have been extremely lucky to have some of the best talent the planet has to offer. As markets and the global environment for crypto changes, as our organization evolves, and as personal situations change, there is turnover at every company. We thank all of our ex-team members for their contributions to our growth, and wish them all the best. We also congratulate our team members who have grown into these new roles. They are all truly high caliber. We continue to BUILD, and continue to hire.”

trzztr

FYI - CZ said: 4. More FUD about some departures. Yes, there is turnover (at every company). But the reasons dreamed up by the “news” are completely wrong. As an organization that has grown from 30 to 8000 people in 6 years, from 0 to the world’s largest crypto exchange in less than 5 months from founding (and HELD ON to that position ever since), we have been able to protect our users at all times and we have been extremely lucky to have some of the best talent the planet has to offer. As markets and the global environment for crypto changes, as our organization evolves, and as personal situations change, there is turnover at every company. We thank all of our ex-team members for their contributions to our growth, and wish them all the best. We also congratulate our team members who have grown into these new roles. They are all truly high caliber. We continue to BUILD, and continue to hire.

draggin_low

Alot of it is just shovelware garbage. They don't really have gameplay and end up being colossal time sinks, and thats coming from someone who has no problem sinking hours into gacha games. If they were to spend the time and create the game first then think about adding the NFT aspect like weapon skins or character skins that you then can buy/sell with whatever token it would probably end up being the better route. As of now its pretty much "OK HERES OUR TOKEN LETS BUILD OUT FROM THAT FIRST"

chivakenevil

At the moment? What are you insinuating? That make so sense. Why do you think 32 protocols have pledged 5% of their tokens to subsizide the link network with the BUILD program?

DetroitFireman313

Polygon doing exactly what your supposed to do in a Bear Market: **BUILD**

Giga79

It's because Bitcoin can only handle ~5 transactions per second. Any time people start using it they find out it's unusable.. Bitcoin is #1 because of its distribution schedule halving to 0 over time. People are speculating on its future supply instead of its demand. This is why the meme is HODL and not BUILD USE CASES. It is not #1 based on utility or #1 based on fundamentals (the security budget racing to 0 isn't a *good* thing). Bitcoin couldn't replace fiat in 1 small city. Transaction fees would be so high you'd never afford to use it. It's not viable. You can't mine BTC anymore unless you have special connections to your energy supplier, hardware producer, or government. The barrier of entry to build your own blocks is higher than every other chain. The Bitcoin *plan* was everyone mints their own coins using energy they already have, the plan is over now with over 95% of all BTC already mined and *2* pools with 51% control over of the hashrate. Bitcoin doesn't adapt or evolve when new solutions emerge. It's not quantum resistant, will it ever be? It can't use Zksnarks, why not? *All* of its scaling is done off-chain, of course. Stratum v2 fixes pool centralization, no one uses it.. A new chain can meet our needs *without halving* (which is basically a pre-mine/ICO) while Bitcoin can't meet our needs. But any new chain won't have an "immaculate" launch like Bitcoin did so will be full of VCs and shady entities with profit motives on day1. There are trade offs to be made here. I think both will continue to grow and persist. If you're looking to dump your alts or whatever consider these are markets. When *fiat* is in high supply (cheap to borrow) all assets pump and when fiat is contracting all assets crash. Bitcoin has the highest liquidity so it will crash and pump the least. Fiat is *still contracting*. Betting on alts right now is betting a Fed pivot is very imminent. The Fed has been saying they will raise rates throughout the year, but one of their *two* tools is making statements like that so they lie all the time. Crypto's fundamentals do not matter in this economy lately, or good news would still send us propelling. I can't tell you what to do but if you're unsure you can always diversify and do both.

coinfeeds-bot

tldr; Chainlink has partnered with Amazon and AWS to support its BUILD program, which helps early-stage and established web3 projects develop blockchain-based products for the market. BUILD members will receive $5,000 worth of AWS credits upon joining the program. The partnership is expected to help Chainlink’s oracle network expand with new improvements. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

JustStopppingBye

This is why you need to pay attention to who is joining chainlinks SCALE and BUILD program, and who is refusing it. Dont trust synthetix.

salmaa4321

BREAKING NEWS SAUDI ARAMCO, THE LARGEST ENERGY COMPANY IN THE WORLD, HAS FORGED AGREEMENTS WITH CHINESE PARTNERS TO BUILD A STATE-OF-THE-ART REFINING COMPLEX IN THE NORTHEAST REGION OF THE ASIAN NATION. Significant news that could give a big hit to the petro dollar.

Blocks_and_Chains

You know HODL? This is the same misspelling variation popular in crypto, but from the word BUILD, BUILDERS - being the developers.

SkoopskiMarvin

Is that new banner supposed to say #BUILD?

omghag18

True your analogy is similar to Crypto games, if people are playing your game for Crypto then it is likely to become a dead game in a short span of time. BETTER TO BUILD A PROPER GAME AND THEN IMPLEMENT CRYPTO AS A UTILITY RATHER THAN IT BEING THE FACE OF THE GAME. same goes for the cc community, if we as a community have a great standing then the moons will definitely grow , but on the other hand if we are just known for moons then future is not bright for us

R4ID

you're missing a lot of key factors tho. Consensys took money to BUILD the ETH network, the "many developers/many platforms" didnt exist, this is the common enterprise and profits derived from others. people were rewarded by getting premined ETH. and to your point about utlity tokens. the SEC in the ripple case is currently arguing if even a single Token was ever purchased and seen as an investment, then they're all securities. doesnt matter if down the line you can utlize them in variety of ways. Im not saying its a good nor valid argument but thats the SEC current postion.

TotesGnar

What's confusing about it is why all of a sudden in 2022 hardware devices that have never had any issues all of a sudden are the END OF THE WORLD. OMG!!! SHITCOINS THAT CAN BE TURNED OFF ARE NOW ALL OF A SUDDEN A PROBLEM. I know a solution! Why don't we BUILD OUR OWN DEVICES from BAMBOO and TAR and USE SATELLITES TO COMMUNICATE with SATOSHI HIMSELF. Seriously people calm TF down.

Junior_Edge7429

Jesus. I hope people understand that in western nations law enforcement has to actually BUILD A CASE against people before they can arrest them. Criminal cases take time, and this is a good thing. SBF will undoubtedly face the music in short order but due process must be followed. And again, this is a good thing.

CTRL22WTF

HE'S A PLANT, FTX WAS TOO! Was planned to harm Crypto rep, lure capital in, crush market, FUD RINSE REPEAT! FOLKS WAKE UP! Coins OFF! Let's BUILD out DECENTRALIZED!

TrevoltBL

BUILD. ON. BITCOIN. And by that, I don’t mean just build some shitty dapp or whatever, I mean build something truly innovative for the space. We need simplicity and security combined. Currently I’m working on a physical goods marketplace like EBay using Bitcoin, and my idea is to make it just as simple as using regular eBay (to attract the regular person as opposed to only established bitcoiners)

BazzahChuckle

Chainlink offers [LOTS](chain.link) of services that aren’t limited to bringing exclusively off-chain data, on-chain. For example their most recent service CCIP, allows CROSS-chain communication, which incidentally, is what SWIFT will be using too ;) In order to use Chainlink’s CCIP service, everyone (including SWIFT!) will have to pay in LINK But, why should node operators hold any LINK tokens and not just immediately sell like you suggested earlier? Well, Chainlink is also releasing staking in December. In order for node operators to get the most amount of jobs as possible, they must stake the most amount as well. I.e. The more LINK you stake, the more jobs will get allocated to you, meaning you can earn more LINK, meaning you can stake more LINK ad infinitum. Therefore, the whole ‘yeah why even hold LINK’ becomes null. Off the top of my head, those other services include: FSS, DECO, VRF, Price feeds and Keepers. Look up the upcoming BUILD program, that’ll blow ur melon brain to pieces lol Of these services (all of which require LINK to be used) DECO is in my opinion one of the most notable and probably one of the biggest achievements in recent crypto history. It’s both surprising and unsurprising how these achievements are flying under the radar. On the one hand they are quite literally ground breaking for the crypto industry helping pave the way for widespread industrial adoption, but other the other hand it seems people just fundamentally don’t understand the tech.

nvdr_

Soo.. when USDT collapse? Sometime during this BUILD market would be great. Thanks.

KamikazeChief

Probably one of those hardcore libertarian dipshits who thinks he doesn't have to pay anything while utilising the very infrastructure he detests paying for. Crypto is riddled with hardcore libertarians. I like a splash of libertarianism but if you are a hardcore libtard BUILD YOUR OWN FUCKING ROADS TO TRAVEL ON. Imbeciles

rwdrift

I think I've found the perfect solution (for me at least). The Bitbox02 has open source scripts to let you program the microcontroller directly: [https://github.com/digitalbitbox/bitbox02-firmware/blob/master/BUILD.md](https://github.com/digitalbitbox/bitbox02-firmware/blob/master/BUILD.md) If I'm really paranoid I could even replace the microcontroller. This is excellent. I'm sold.

Known_Form6073

XFUND IS HELPING BUILD SHIBARIUM! Why wouldn’t you Diversify??? 🐑🐑🐑 I bought Shib when there were 3000 holders and made 650 k with it because I sold early , I also had a Reddit post go viral for people telling how stupid I was for saying buy Shib then . Then it resurfaced how you should have listened. Shib will take tears to make new millionaires unless you have atleast 90k in it now . BUY XFUND NOW OR CRY LATER !! I hope this post goes viral as well ! Because Im telling you now !! You will regret it !!! When Xfund hit 1 billion dollar market cap it will be worth a little over 100 k ! LOAD UP NOW OR MISS OUT AND CRY !!! NFA

Eji1700

Decentralization and mass adoption have basically always been impossible to have together. It's like saying "well we should just stop being mean to each other". Yeah it's a theory most can agree on, and in practice is never going to happen without some serious shifts in society, and crypto isn't something that's going to cause those shifts. Instead, crypto might have value. Thus the usual systems that spread value are getting involved. This means centralization because as nice as it might be to not have things centralized, it's also nice to not lose all your money because you're an idiot/have a bad day. If your argument is "then it's not for idiots" then someone will BUILD one that is for idiots and hoover up the idiot sized market (which is, you know, huge). And because it's a market, there are options for those who want decentralized stuff. And as you can see, it's not super popular. To be clear there is no path forward at this time where crypto both catches on as a major part of the world, and remains decentralized. There's too many barriers. Now there might be some situations where crypto helps eliminate middle men (the confirmed transition of records and what not) but there's not some glorious utopia where the government and banks aren't involved in money, given they exist because of money.

GaryBettmanSucks

I think he's saying it seems like a random place to BUILD that sort of operation. Your answer was basically saying "of course there's lots of tech companies operating here, that's where all their buildings are!"

Mammon84

Ok let me answers this in parts, because you are mentioning multiple different things. 1. Inheritance The kid gets the company, because the person that BUILD the freaking company decided it that way. And this is FAIR! Now as for the competence of the kid, the kid has the same dna as the parent, also has probably a lot of experience with the company and love for the company, the kid literally grew up with the company. Now if the kid is a moron then its very likely the parent will not put the kid in charge. Probably someone else will manage the company and also the extra voting rights that come with it. Yes the kid will probably be taken care off financially, but thats not the issue here. 2.contribute nothing I never said that minimal wage workers contributed nothing. You made up this straw men argument so u could try to make a point. The people that contribute nothing are the ones on welfare. I live in a welfare state, where people that are on welfare often get more then minimal wage workers, its completely ridiculous. Criminals would be a detriment to society. 3.lottery winner If this lottery winner needs to pay way more tax then yes he should get a boost in voting power for obvious reasons. 4. Conclusion There is a reason western society is on the brinks of collapse and its called democracy. We need way less Government and more free markets

marsangelo

Lets just BUILD a blockchain! -devs that have proven that they can barely function on the most supported blockchain

Terrible_Jackfruit37

BUILD-A-Block bsc nice utility please check it out boys

AmericanDervish

They’ve been marketing for awhile now. They need to actually BUILD stuff on their blockchain

evDev84

Well, the discussion always brings up these points: 1 - What problem is crypto solving? 2 - What differs crypto investment from ponzi schemes? 3 - Why should we adopt a new system that's so energy dependent going forward with energy issues causing climate change etc? I try to answer as best I can but I just simply get downvoted into oblivion. The problem crypto solves, in my mind, is the central control of fiat by people who's goal is NOT wealth preservation. Crypto being largely decentralized means no bailouts, no overprinting and devaluing, and no central control to lose trust in. By the time crypto's volatility stabilizes and the market has more or less decided on pricing, it won't be an investment to BUILD wealth but rather to preserve it. For the ponzi scheme question, it seems silly because it's literally how stocks work, and given the volatility of crypto, it's not a steady upward trend where everyone who gets in is automatically getting in at a higher price than those before them. This notion that crypto "only works" if you have someone to sell to is insanely ignorant of what these projects represent. And finally with energy, my go to analogy is electric cars. If everyone had one, they'd be recharging them on the traditional power grid at night and therefor the complaint really has to do with the grid not crypto. Besides, there are projects that use VERY little energy, like iota. No matter how many times I repeat these answers, I see the same people spreading the same bullshit.

Independent-Space-23

bro, are your friends developers? this will put them off unless they are really curious people, and even then its too technical: I recommend The Internet Of Money, same author: THOSE TALKS really made me really believe :) "bitcoin as a monument akin to the Pyramids, PROOF OF WORK AS PROOF THAT REAL EFFORT WAS USED, THAT WE STOOD, WE BUILD, BEHOLD OUR MIGHT" I still cry to that. I do not get teary over the technical instruction of how to create a transaction without giving my miner all my btc as reward your zeal is commendable, the medium and method need some more finesse: I like the suggetion to do it on your birthday. or get them the Internet of Money, a much much better book for the non Bitcoiners to read

Tvmouth

Produce nothing from the conversation. Don't' burn calories to educate this person, because the data serves no purpose. Don't' burn calories to BUILD TRUST with a person that expects the outcome to be producing nothing. Don't' waste your time investing your hard earned food supply into mouth noises, because it has no value to you. It produces nothing.

eqleriq

yeah but that's far too generalized. tax as a concept, fine, the problem is with what gets taxed, who gets taxed, when tax events occur, etc. It is bottomline just a shitty policy to tax crypto->crypto exchange. a tax event with crypto should ONLY trigger when offloading to fiat. And those offloads could simply BUILD THE TAX in to it, not require a fucking filing. I don't file all the sales tax I pay when I go buy my muscle milk and blunts at the bodega. All they're doing is making it obnoxious to use crypto, and even worse giving a lot of people pure shitty situations when the accounting screws up and "some exchange claims you did trades you didn't do." Fuck that shit, robber barons and their poorly coded / conveniently broken websites. **The only tax event with crypto should be when you use it to obtain fiat or goods directly. end of fucking discussion.**

throwaway_ga_omscs

Ah yes of course, how could human beings build any infrastructure or live in safety without financing a inefficient and parasitic corporation that survives only through extortion and violence? WHO WOULD BUILD THE ROADS MY DUDE?

coinfeeds-bot

tldr; An unknown attacker took control of the Build Finance DAO. The attacker emptied the DAO's treasury and liquidated BUILD token. The DAO had about $500k worth of crypto in its treasury, mostly in DAI, BUILD, and METRIC tokens. It's unclear what will happen to the project. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; Build Finance DAO was the target of a governance attack this week that allowed the perpetrator to mint and sell tokens. The attacker likely gained the equivalent of 160 ETH or $470,000 from the various tokens that were stolen. Build Finance's BUILD token has been compromised but it claims its METRIC token and Metric exchange remain secure. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

pop_quiz_kid

BUILD DAO got absolutely rekt

bisokill

⚡️ REVIVE ⚡️ Revive is a token that unites honest investors and rewards holders. Staking, Weekly Lottery for rugged investors and more to come! Token Supply: 1 Billion Anti-Whale & Anti-Rug Join the Reddit r/revive_bsc and find the Telegram link there😄 🎟 12% Buy/Sell Tax 💵 9% Liquidity Pool 🚀 3% Marketing ✅ KYCd and Doxxed ✅ Audit ✅ Weekly Lottery ✅ Staking ✅ Experienced Team LET‘S SAY NO TO RUGS AND BUILD THE STRONGEST BSC COMMUNITY TOGETHER!

GuaranteeCultural607

Why Crypto only? Crypto will increase your wealth maybe 50x? Getting the power ball winning numbers will make you an instant hundred millionaire, from there I can invest in a 50x stock to become a multi billionaire. I also don’t get why anyone would go to the past. You have ONE hour to spend. You could, in this hour, spend all your LIQUID assets in crypto and get maybe a 50x return, or you could go to the future, win the power-ball, invest the rest in a 50x crypto and others, gain some future insight AND HAVE MORE THAN AN HOUR TO BUILD WEALTH.

July_Winter

They are all haters bro. Just invest in SHIBU and you will become rich. My cousin got rich from SHIBU. It will happen for you to. Just gotta keep believing like the previous holders. BUILD THE HYPE

TreydiusMaximus

Economic opportunity COMBINED with agriculture. Growing up I think I was told "BUILD the farm, don't BUY the farm", or some shit like that. I remember a teacher asking questions like "well did you build the barn and milk the the heifer too?" Makes more and more sense sense everyday now and (I'm sure why either) when Sony does something else weird and Microsoft does something AT ALL. 🤣🏦👏🏿😂🤘🏿🤠

mx_chisel

I've just reported this to the real metamask support team on their website, you ALWAYS want to bookmark the link for wallets and tools you use then navigate to those for support. ".netlify.app" basically means REALLY EASY QUICK WEBAPPS EVEN A SCAMMER CAN BUILD. Please do more learning and research about this industry which is utterly full of scams and scammers.

Drizznarte

They don't need to show you adds to sell your information. ANTI PRIVACY IS BUILD IN, it is a block chain after all.