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Chainlink

Q: How is Chainlink's oracle solution unique?

Chainlink's oracle solution is unique in several ways:Decentralization: The Chainlink Network is composed of multiple decentralized oracle networks, with independent node operators retrieving and validating data from various offchain sources. This decentralized approach helps to ensure the security and reliability of the data provided to smart contracts.Connectivity: Chainlink provides smart contracts with a way to reliably connect to any external API and leverage secure offchain computations, enabling a wide range of feature-rich applications across various industries.Middleware: As middleware between low-level blockchain protocols and external, offchain data sources, the Chainlink Network serves as an abstraction layer for data providers to easily sell their existing APIs to any blockchain network.Flexibility: Chainlink's oracle solution is designed to be blockchain-agnostic, allowing it to be integrated with any blockchain network and support a diverse range of use cases.

LINKUSD



View Detailed Chart

16.484USD

-0.059-0.36%

Time

15m

30m

Today

-0.36%

5 Days

-3.19%

1 Month

-23.38%

6 Months

+13.97%

Year to Date

-22.81%

1 Year

+35.48%

View Detailed Chart

Key Data Points

Opening Price

16.602

Previous Closing Price

16.543

Price Range of the Day

16.44416.602

52-Week Price Range

0.00016.484

Indicators

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The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

15m

30m

15m

D

Sell

Sell(10)

Neutral(2)

Buy(0)

Indicators

Sell(4)

Neutral(2)

Buy(0)

Indicators

Value

Direction

MACD(12,26,9)

0.133

Neutral

RSI(14)

39.393

Neutral

STOCH(KDJ)(9,3,3)

25.171

Sell

ATR(14)

1.066

High Vlolatility

CCI(14)

-134.511

Sell

Williams %R

88.131

Oversold

TRIX(12,20)

-0.706

Sell

StochRSI(14)

0.000

Sell

Moving Average

Sell(6)

Neutral(0)

Buy(0)

Indicators

Value

Direction

MA5

17.376

Sell

MA10

17.443

Sell

MA20

17.691

Sell

MA50

20.324

Sell

MA100

20.895

Sell

MA200

17.689

Sell

Chainlink News

Ondo Finance, Chainlink partner to bring financial institutions on-chain, tokenizing RWA

Ondo Finance and Chainlink are joining forces to advance the infrastructure for tokenized securities and bring financial institutions on-chain.

Fxstreet5 hours ago

Chainlink Price Forecast: LINK adoption expands as partnerships with major firms fuel bullish outlook

Chainlink (LINK) holds steady near $17.83 at the time of writing on Wednesday after being rejected at a key resistance zone earlier this week.

FxstreetWed, Oct 29

Chainlink Price Forecast: Chainlink reserve expansion counters retail selling

Chainlink (LINK) stalls above $17 at press time on Friday after a 2% recovery on Thursday, driven by the buyback of 63,481 LINK tokens. Technically, Chainlink stands at a crossroads, while muted retail interest tilts it bearish.

FxstreetFri, Oct 24

Chainlink Price Forecast: LINK eyes recovery as whales accumulate amid fading bearish momentum

Chainlink (LINK) price steadies around $17.66 at the time of writing on Wednesday after facing rejection from the key resistance zone the previous day. On-chain data paints a bullish outlook as certain whale wallets are accumulating LINK tokens.

FxstreetWed, Oct 22

Federal Reserve’s Payments Innovation Conference Set to Launch — Related Stocks and Tokens May See New Opportunities

The Federal Reserve is preparing to host its Payments Innovation Conference, with a focus on four key themes: artificial intelligence, stablecoins, tokenization, and DeFi.

TradingKeyTue, Oct 21

LINK Surges Over 10% Today! Whales Accumulate More Than 6 Million LINK

Aggressive buying by whales and institutions fuels LINK’s sustained rebound, with further upside likely.

TradingKeyMon, Oct 20

More Details of Chainlink

Chainlink is a blockchain-based decentralized oracle network that enables smart contracts to securely access off-chain data feeds, events, and payment methods. It was founded in 2017 by Sergey Nazarov and Steve Ellis. Chainlink is unique in that it allows the integration of off-chain data into smart contracts, which was not possible before. This has attracted many trusted data providers to the Chainlink network, who can sell access to their data directly to Chainlink users. Chainlink uses a decentralized network of node operators to power its oracle services, allowing users to participate and earn revenue by running the required data infrastructure. One of the key features Chainlink is developing is LINK staking. This will introduce rewards and penalties to incentivize proper operation of the Chainlink network by node operators. LINK holders will be able to stake their tokens to trusted node operators, earning a yield from the network's fees and emissions. This crypto-economic security model aims to make the cost of attacking the Chainlink network's price oracle higher than any potential profits. Chainlink has partnered with numerous blockchain projects and is powering critical oracle services for leading DeFi applications like Synthetix, Aave, and Compound. As a provider of secure and reliable off-chain data to smart contracts, Chainlink is positioned as a key infrastructure layer enabling the growth of the decentralized finance (DeFi) ecosystem.

Is Chainlink's source code public?

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Yes, Chainlink's source code is public and available on GitHub. The Chainlink protocol and its core components are open-source, allowing the community to audit, review and contribute to the codebase. This transparency and openness is a key part of Chainlink's design, as it helps to build trust and confidence in the network.

How decentralized is the Chainlink Network?

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The Chainlink Network is composed of multiple independent and concurrently operating decentralized oracle networks. Each decentralized oracle network consists of numerous blockchain oracles, which are run by independent node operators. These node operators are selected to retrieve and validate data from a variety of offchain sources. The responses from the individual oracles within a decentralized oracle network are aggregated together to form a single trusted data point. This aggregated data point can then be used to trigger smart contract executions. The decentralized nature of this approach helps to ensure the security and reliability of the data that is ultimately provided to smart contracts.

How is Chainlink's oracle solution unique?



Chainlink's oracle solution is unique in several ways: Decentralization: The Chainlink Network is composed of multiple decentralized oracle networks, with independent node operators retrieving and validating data from various offchain sources. This decentralized approach helps to ensure the security and reliability of the data provided to smart contracts. Connectivity: Chainlink provides smart contracts with a way to reliably connect to any external API and leverage secure offchain computations, enabling a wide range of feature-rich applications across various industries. Middleware: As middleware between low-level blockchain protocols and external, offchain data sources, the Chainlink Network serves as an abstraction layer for data providers to easily sell their existing APIs to any blockchain network. Flexibility: Chainlink's oracle solution is designed to be blockchain-agnostic, allowing it to be integrated with any blockchain network and support a diverse range of use cases.