Chainlink Overview By Crypto Library

 


What is Chainlink?

Chainlink greatly expands the capability of smart contracts by enabling access to real-world data, events, payments, and more without sacrificing the security and reliability guarantees inherent to blockchain technology.

1. 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.

2. 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.

3. Proven, time-tested solutions

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

4. 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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