Link token in the inquiry

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How to Link token in the inquiry

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as the crypto industry expands so too does the demand for the off-chain data that makes most of cryptos use cases possible chain link is the undisputed leader in the oracle crypto niche and now the project is looking to go beyond basic data delivery today im going to give you a quick recap of what chain link is bring you up to speed on what chain link has been up to explore some of chain links new and upcoming features and why they could take link to new all-time highs [Music] before we proceed there are two disclaimers you must heed firstly i do not have any financial advice for thee education and entertainment are my creed secondly i hold link in my personal portfolio which makes me a link marine if you want to know what else i hold stick around until the final scene now a warm welcome to any newcomers in the crowd my name is guy and this channel is where the highest quality crypto content can be found coins s news reviews exchanges tutorials d5 protocols and yes meme coins too if

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What is the Chainlink address?

ChainLink (LINK) ERC20 in Binance Smart Chain Mainnet. is implemented as ERC20 smart contract with address 0xf8a0bf9cf54bb92f17374d9e9a321e6a111a51bd .

What is a link ?

LINK s are used to pay node operators for retrieving data for smart contracts and also for deposits placed by node operators as required by contract creators. The smallest denomination of LINK is called a Juel, and 1,000,000,000,000,000,000 (1e18) Juels are equal to 1 LINK.

How do I get a link ?

Go to CoinMarketCap and search for LINKS . Tap on the button labeled Market near the price chart. In this view, you will see a complete list of places you can purchase LINKS as well as the currencies you can use to obtain it.

What makes Chainlink valuable?

ChainLink provides a number of features to support security and reliability and ensure data feeds are robust and accurate. ChainLink oracles cryptographically sign each piece of data delivered to the blockchain, serving as irrefutable proof that the data came from a specific node.

Which is better Polkadot or Chainlink?

Polkadot has a lot of potential as a layer-zero security protocol, while Chainlinks battle-tested utility as a decentralized data oracle has proven that it can live up to its promise. However, it remains to be seen which of these two will be the better investment.

What is the real use of Chainlink?

Chainlink connects smart contracts to the real world Through the use of secure oracles, Chainlink extends the functionality of blockchains by connecting smart contracts to real-world data, events, payments, and off-chain computation in a highly tamper-resistant and reliable manner.

Is link an erc 20 ?

Chainlink (LINK) is an ERC20 which means that you can manage, send, and receive it with your Ethereum account.

Does the Chainlink do anything?

Chainlink can facilitate secure communications between Ethereum projects and various off-chain data. Because Chainlinks LINK is built on the Ethereum platform, LINK is compliant with the Ethereum platforms protocols.

What can Chainlink do in the real world?

Chainlinks ability to connect with any API and perform any off-chain computation opens up a wide variety of use cases, such as Arbol using Chainlink for weather data to create weather risk products and Theta Network leveraging Chainlink for viewership data to fight ad fraud for online content.

What is the point of Chainlink ?

The LINK is used in the Chainlink network to compensate Chainlink Node operators for the retrieval of data from the external data sources, turning it to blockchain readable format, off-chain computation, and uptime guarantees.

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