Chainlink
Name
Chainlink
Summary
Chainlink is a blockchain abstraction layer that enables smart contracts to be universally connected.
-It was founded by Sergey Nazarov with Steve Ellis in 2017
-Chainlink is secured using the proof-of-stake (PoS) consensus process as an Ethereum-based ERC-20 token.
Rating
Symbol
LINK
Overview
Chainlink intends to address the oracle problem, a flaw in blockchain networks that prohibits them from connecting to off-chain data resources. Chainlink enables blockchains to safely communicate with external data feeds, events, and payment mechanisms via a decentralized oracle network, delivering the vital off-chain information required by complicated smart contracts to become the dominant form of digital agreement.
A huge open-source community of data producers, node operators, smart contract developers, researchers, security auditors, and others power the Chainlink Network. The company is focused on guaranteeing that all node operators and users that want to contribute to the network have decentralized participation.
Historical Price Movement (in INR)
Technology
Chainlink is an ERC-20 token, therefore supporting solidity as its programming language. It is secured using the proof-of-stake (PoS) consensus process. Unlike the proof-of-work (PoW) consensus used by Bitocin, PoS selects node validators based on the amount of staked tokens.
Node operators and the incentivization of the ecosystem
35%
Public sale events
35%
Company
30%
Volume (26th April 2022)
$444,633,337
Total Supply
1000000000
Circulating supply
467,009,549.52 LINK
Crowd Sales
Chainlink has raised a total of $32 million in four rounds of investment.
Funding
20/09/2017: Initial Coin Offering-$32M
1/09/2017: Seed Round-NA
22/08/2017: Seed Round-NA
4/04/2017: Initial Coin Offering-NA
Country
Cayman Islands
Name of Organization
Chainlink Ltd
Year Incorporated
2014
Registered Address
Grand Cayman, Midland, Cayman Islands
Dispute Resolution and Governing Law
Cayman islands
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Sergey Nazarov | Co-founder | New York University: B.A., Philosophy and Management | 11 Yrs |
| Steve ellis | Co-Founder | New York University:BS, Computer Science | 11 Yrs |
