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Chainlink and brand protocol in a battle against each other for decentralized projects in crypto space

In the age of technology, the two most successful decentralized oracle projects in the crypto market i.e. Chain Link and Brand Protocol are ready for a good competition against each other. Decentralized oracle networks are a need of time because many non-trivial smart contracts require communication with external systems but unfortunately, this cannot be provided by the blockchain platforms these smart contracts run on. In order to solve this issue, smart contracts could turn to centralized oracles for help, but using a single node is not a good idea as it brings a single point of failure which can result…

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Chainlink’s LINK Hits New All-Time High at $9.71: The Next Target is $10 Now

The ninth-ranked digital currency Chainlink (LINK) has recorded a new all-time high by hitting the $9.71 figure on August 4, 2020. For the past few days, Chainlink’s LINK token has been rallying upward and jumped above the $9 mark. Now, continuing its bullish momentum, the coin has set a new all-time high value by surging as high as to reach $9.71. Chainlink is still showing highly bullish sentiment in the market as the coin’s price value is trading at $9.59 USD with a change rate of 14.47% in 24 hours. Chainlink is up 445.45% on a YTD basis Earlier today, Chainlink…

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Binance smartchain integrated with Chainlink’s Oracle successfully to build better smart contract apps

As Binance Smartchain is near to its launch of mainnet, the company has initiated a collaboration with Chainlink. The collaboration was announced on Thursday. The main intention behind this collaboration was to leverage the developers of Ethereum decentralized application (dapps) to create an alternative platform, mainly aimed at the DeFi market. This is a potential opportunity for developers to build a better smart contract app with the help of Chainlink oracle’s real-world data. According to the official announcements made by Binance, the integration will surely expand its horizons to various other departments such as finance, asset management, and in particular…

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ChainLink (LINK) token price records a new all time high in the past month

The price of Link, which is the native token of the Chainlink network, surged in the last 48 hours gaining around 40% in that period. This made the token among the top ten in the crypto market. Chain Link is a cryptocurrency-based project. Due to additional security, there are no reliability issues, and its very transparent because there is only one point of information rather than the date being secured through various nodes, which might cause leakage of information. Chainlink also makes use of its ‘Chainlink Aggregating Contract’ which validates the data from the trusted oracles and analyses it to…

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Chainlink Becomes 10th Largest Cryptocurrency by Market Cap after posting new ATH

Chainlink has achieved a significant milestone as the coin has entered into the list of top ten cryptocurrencies by market capitalization and holding the tenth spot. This has happened because of the LINK’s recent surge to its all-time high. Over the course of the last seven days, the price value of the coin has been increasing. Yesterday, its price skyrocketed by more than 20% which helped the coin to reach its new all-time high value of $8.53 today. LINK surpasses Crypto.com’s CRO token To reach its new rank on CoinMarketcap, Chainlink’s LINK has surpassed Crypto.com’s CRO token pushing it below…

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