Cryptocurrency Q&A What is a link coin used for?

What is a link coin used for?

Tommaso Tommaso Fri Nov 08 2024 | 6 answers 1281
I'm wondering about the purpose of a LINK coin. I want to know what it's used for and its functionality. What is a link coin used for?

6 answers

GinsengBoostPower GinsengBoostPower Sun Nov 10 2024
LINK serves as the ERC-20 token within the Chainlink oracle network.

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MysticInfinity MysticInfinity Sun Nov 10 2024
This digital asset is integral to the operation of the Chainlink system.

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Giovanni Giovanni Sun Nov 10 2024
It functions as the primary means of payment for services rendered on the network.

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mia_harrison_painter mia_harrison_painter Sun Nov 10 2024
Contract holders on Chainlink utilize LINK to compensate node operators.

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Giulia Giulia Sat Nov 09 2024
Node operators play a crucial role in providing the necessary data.

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