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Chainlink (LINK): Connecting Blockchain
Chainlink (LINK): Features and Tokenomics
Chainlink Price Prediction 2030: Price History and Technical Analysis
Chainlink Price Prediction 2030: Expert Opinions
Is LINK a Good? When Should You Invest?
Conclusion
Introduction
Chainlink is a rapidly emerging cryptocurrency project in the market. According to our Chainlink price prediction for 2030, it has the potential for significant growth.
1. Chainlink (LINK): Connecting Blockchain
Chainlink is a leading decentralized network that provides real-world data to smart contracts on the blockchain. Smart contracts are pre-designed agreements that are executed when certain conditions are met on the blockchain network.
Founded and developed by Sergey Nazarov in 2017, Chainlink has an experienced and focused team. Its initial coin offering (ICO) was conducted in September 2017, raising $32 million with a total supply of 1 billion LINK tokens. The main goal of Chainlink is to ensure investor safety and secure transactions at high speed on the network. It aims to discover innovative technologies that make blockchain networks decentralized dependable, and tamper-resistant.
2. Chainlink (LINK): Features and Tokenomics
The Chainlink token is based on the Ethereum blockchain (ERC-20 Standard) but also provides additional services under ERC-223 for transferring and claiming itself within a transaction. Recently, Robinhood has officially listed Chainkink to further enhance its network.
The Chainkink project claims to be the best oracle network in the crypto industry by allowing to “real-world data and off-chain computation” with complete security. It aims to complement blockchains by providing fast, reliable, confidential universal connectivity, and off-chain computation for contracts.
Highlighted features of Chainkink include:
a) High Security: With military-grade, two-factor authentication, and multi-sig technology, Chainkink ensures enhanced security for users’ funds and transactions.
b) Decentral: As a decentralized network not controlled by any entity or regulatory body, users have more control over their funds while maintaining privacy transparency.
c) Flexibility: Developers build various applications on the oracle network due to its high flexibility.
Recent partnerships have contributed significantly to expanding Chainkink’s dominance:
a) Collaboration Google: Google uses Chainkink’s oracle network to provide data to its smart contracts on Ethereum.
b) Partnership Finance: A partnership aimed at preparing for Ethereum’s merge.
c) Integration with NFT marketplace Blockbar Streamlining NFT price conversion through integration with Chainkink price feeds.
d) Partnership between IoTeX &@chain link_io – Delivering real-world IoT & off-chain data through trusted oracles (@iotex_io)
3. Predictions about Link’s Future Prices
During the crypto winter period,