To empower a broad range of next-generation smart contract applications and use cases, Chainlink 2.0 focuses on oracle technology advances in seven key areas. Augment the capabilities of smart contracts by securely composing on-chain and off-chain computing resources into hybrid smart contracts.
What is chainlink & how does it work?
In its new vision, Chainlink would allow anyone to deploy an arbitrary executable on its network. A new whitepaper just released by leading blockchain oracle service Chainlink lays the foundation for new capabilities for application and smart contract developers.
What is the chainlink price feed?
The ETH/USD Chainlink Price Feed aggregates price data from numerous independent oracle node operators. Chainlink also provides multiple layers of security that go beyond decentralization to ensure users can trust the oracle network:
Is chainlink a good solution to a real blockchain problem?
ChainLink is a solution to a real blockchain problem with huge potential. Given the strength of the company’s founders and advisors and the robustness of the solutions that it offers, it is worth keeping an eye on this project.
