Assassination Politics AP

grarpamp grarpamp at gmail.com
Thu Nov 21 00:57:46 PST 2019


https://old.reddit.com/r/CryptoCurrency/comments/7nwis4/why_i_believe_chainlink_link_is_the_most/
https://chain.link/

Chainlink (LINK) is a decentralized oracle service, which aims to
connect smart contracts with data from the real world. Since
blockchains cannot access data outside their network, oracles are
needed to function as data feeds in smart contracts. Oracles provide
external data (e.g. temperature, weather) that trigger smart contract
executions upon the fulfillment of pre-defined conditions.
Participants on the Chainlink network are incentivized (through
rewards) to provide smart contracts with access to external data
feeds. Should users desire access to off-chain data, they can submit a
requesting contract to ChainLink’s network. These contracts will match
the requesting contract with the appropriate oracles. The contracts
include a reputation contract, an order-matching contract, and an
aggregating contract. The aggregating contract gathers data of the
selected oracles to find the most accurate result.


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