How Is the Chainlink Network Secured? - Deepstash
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How Is the Chainlink Network Secured?

How Is the Chainlink Network Secured?

  • As an Ethereum-based ERC-20 token, Chainlink is secured by the proof-of-stake (PoS) consensus mechanism. PoS models are becoming increasingly popular as they need less electrical power and are easily scalable.

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Who Are the Founders of Chainlink?

Who Are the Founders of Chainlink?

Sergey Nazarov is a co-founder and CEO at Chainlink Labs.

Sergey Nazarov began his career building peer-to-peer marketplaces, going on to the investment team at FirstMark Capital. He joined the cryptocurrency revolution in 2011, and believes it has the abil...

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Sergey Nazarov

If you consider how many asset managers are afraid of the existing financial system failing them, and if they go on to place even a 5% of their portfolio into Bitcoin, then $100,000 per Bitcoin is a very conservative estimate.

SERGEY NAZAROV

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Seamless connection to any API

Seamless connection to any API

Build on a flexible framework that can retrieve data from any API, connect with your existing systems, and integrate with any blockchain, now and in the future.

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The industry standard oracle network

Chainlink greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology.

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Transparent oracle computation

Transparent oracle computation

Independently monitor and verify Chainlink’s open-source code, the performance of its oracle networks, and the quality of individual node operators.

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Part of composability is that you don’t have to build everything by yourself. Chainlink’s oracle is very good, and it’s part of this whole composability idea, it’s vital.

STANI KULECHOV - CEO

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Proven, time-tested solutions

Proven, time-tested solutions

Integrate battle-hardened and time-tested oracle solutions that secure billions of dollars in value for market-leading blockchain projects.

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Chainlink is trusted by hundreds of organizations

  • Due to the integration of off-chain data, Chainlink has attracted the attention of numerous trusted data providers.
  • Data providers can sell access to data directly to Chainlink, thus monetizing the information they have.
  • Chainlink allows users to become node operators and ear...

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How Many Chainlink (LINK) Coins Are There in Circulation?

During the initial coin offering (ICO) for LINK, Chainlink announced a total and maximum supply of 1,000,000,000 LINK tokens. 

According to the ICO documentation:

  • 35% of the total token supply will go towards node operators and the incentivization of the ecosystem. 
  • Anoth...

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Alex Mashinsky - CEo

Integrating industry-leading decentralized oracle technology is the key step in the continued decentralization of Celsius. Partnering with Chainlink solidifies our mission to bring revolutionary financial services to millions around the world.

ALEX MASHINSKY - CEO

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Reliable, tamper-proof network

Reliable, tamper-proof network

Use decentralization, trusted nodes, premium data, and cryptographic proofs to connect highly accurate and available data/APIs to any smart contract.

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Where Can You Buy Chainlink (LINK)?

Chainlink and the LINK token are among the most popular cryptocurrencies on the market. Considering this, a lot of exchanges have pushed to start offering trades in LINK. One top exchange to buy Chainlink is Binance.

Other exchanges offering trades in LINK ...

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We really did our due diligence and looked around... Chainlink is definitely the most established, and every time we dealt with them the level of expertise was incredible so I feel like we are in good hands.

JUSTIN MOSES - CTO

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What Makes Chainlink Unique?

What Makes Chainlink Unique?

Chainlink is one of the first networks to allow the integration of off-chain data into smart contracts.

Managed by a global, decentralized community of hundreds of thousands of people, the Chainlink Network currently secures billions of dollars in value for smart contracts across th...

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Andre Cronje - Founder

Our team can sleep peacefully at night because we've just shifted all of our worries about oracles onto Chainlink. Having that peace of mind and comfort as a builder, I cannot express how vital it is.

ANDRE CRONJE - FOUNDER

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What is Chainlink (LINK)?

What is Chainlink (LINK)?

Chainlink is the most widely used oracle solution for securely connecting smart contracts to the real world. With Chainlink, developers on any blockchain can access tamper-proof, high-quality external inputs to enhance their smart contract applic...

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Highly secure and flexible infrastructure

Highly secure and flexible infrastructure

  • Reliable, tamper-proof network
  • Seamless connection to any API
  • Proven, time-tested solutions
  • Transparent oracle computation

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How Is the Terra Network Secured?

How Is the Terra Network Secured?

The Terra blockchain is secured using a proof-of-stake consensus algorithm based on Tendermint, in which LUNA token holders stake their tokens as collateral to validate transactions, receiving rewards in proportion to the amount of LUNA staked. Token holders may ...

How is the Solana Network Secured?

How is the Solana Network Secured?

  • Solana relies on a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms.
  • P...

How Is the Elrond Network Secured?

  • Elrond uses what it calls a secure proof-of-stake consensus algorithm in which nodes must stake their EGLD tokens to participate in the validation process, and each validator is assigned a rating score based on past activity.
  • Validators

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