Questions tagged [decentralized oracle network]

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BlockchainBaron BlockchainBaron Sat Nov 09 2024 | 5 answers 1336

What is the main purpose of the Chainlink?

I want to understand the primary objective or the main reason why Chainlink exists. I'm looking for a clear explanation of its main purpose.

What is the main purpose of the Chainlink?
Carlo Carlo Wed May 15 2024 | 7 answers 1503

Why is Chainlink unique?

Could you elaborate on the uniqueness of Chainlink? I'm particularly interested in its distinguishing features that set it apart from other blockchain platforms. How does its decentralized oracle network contribute to its uniqueness? And what role does its data aggregation and secure data feeding play in enhancing the functionality of smart contracts? Additionally, I'm curious to know about its network effects and how it's positioned to become a potential industry standard. Could you provide more insights into these aspects?

Why is Chainlink unique?

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