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Title: Whats Your take on Chainlink Post by: roosbit on June 24, 2020, 04:17:06 PM Hi crypto world there is this altcoin called chainlink that has been on my radar for a long time and I have also noticed that it has the support of other big projects like Bancor just to mention a few and also grabbed the attention of coinbase and many others. I would like to think it's in the same category as AION but only better has it goes the extra mile of interoperatability of blockchains and oracle tech! What do others think is the chainlink coin worth the investment or I can wait a little longer and try catch it at a lower price..?? Title: Re: Whats Your take on Chainlink Post by: bitmover on June 24, 2020, 04:23:00 PM What do others think is the chainlink coin worth the investment or I can wait a little longer and try catch it at a lower price..?? Link is an oracle, which is a middleware that is necessary for smartcontracts. An oracle is necessary to bring that from outside the blockchain to smartcontracts, so smartcontracts can do something else than ICO and cryptokitties. For example, do you want to make smartcontracts to buy stuff online, and when the product is delivered it will automatically transfer the payment to the sender. You will need an oracle for that. Chainlink is one of the few decentrralized oracles. It is a nice idea. Nobody knows if it will be successful or not. I think that buying now, at the current price, is risky. Too much speculation already, and it is nearly at its ATH |
