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What is Chainlink (LINK) And How Does it Work?

Chainlink is a decentralized oracle network that bridges blockchain-based smart contracts and real-world data, APIs, and payment systems. ....

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Decentralized Oracle Network Chainlink Devs Release Chainlink 2.0 Whitepaper Highlighting Anticipated Blockchain Industry Developments

Decentralized Oracle Network Chainlink Devs Release Chainlink 2.0 Whitepaper Highlighting Anticipated Blockchain Industry Developments
The team at
Chainlink 2.0: Next Steps in the Evolution of Decentralized Oracle Networks.
Released on April 15, 2021, the paper notes that the team has a vision for the “evolution” of Chainlink beyond its initial conception (as explained in the original Chainlink whitepaper).
The paper’s authors stated:
“We foresee an increasingly expansive role for oracle networks, one in which they complement and enhance existing and new blockchains by providing fast, reliable, and confidentiality-preserving universal connectivity and off-chain computation for smart contracts.”
They added that the foundation of their plan is what they refer to as ....

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