- Project Name
- Project Introduction
LINK is an ERC20 standardized token based on the Ethereum blockchain. It is used to pay Chainlink node operators to retrieve data from off-chain data, format the data into a blockchain-readable format, off-chain computing, and ensure normal operation hours. Chainlink tokens are used as part of the running node to prevent bad participants.
ChainLink (LINK) is a decentralized network that can provide information (oracle) for smart contracts. ChainLink was founded in 2017 by Sergey Nazarov and Steve Ellis, aiming to solve the problem of off-chain information procurement through smart contracts for its execution parameters. Smart contracts are designed to be automatically executed when certain parameters are met, but when these parameters exist off-chain, they rely on information sources (called oracle) to provide necessary information. Off-chain predictors are often concentrated and rely on third-party vendors to provide key information in a reliable and time-critical channel. ChainLink aims to break this dependency by providing information to smart contracts through a decentralized network of predictions. These predictions work together on the Link blockchain to verify and forward key information to these contracts. The ChainLink network allows users with data feeds or information bearing APIs to easily provide information to smart contracts in exchange for LINK tokens.
3、Coin Overview and Distribution
Total tokens: 1000000000 LINK
Circulation: 413009556 LINK
4、Frequently used links:
Official website: https://chain.link/