CHAINLINK BLOCKCHAIN

The chain Chainlink network launched tends to rapidly increase their TVL, and developer activity, increasing the number of applications they built and the goal is to generate more great applications recent their industry. Blockchain value this, and because they value it, many of them are becoming more inclined and gracious enough to enable more and more Oracle Network to go live on their system. The Link coin has been down for now and it was been consolidated for a while I think it will be big in the future. Even though it is big now, it just seems to happen that only a few people realize it yet.

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Former Google CEO now Chain Link adviser talk about interpreting the Chainlink vision and he joined the Chainlink team. You should know that after Eric Schmidt left Google, he sign on to be an adviser and work for Chainlink. Imagine leaving Google and then deciding that the next project worthy of your time is crypto and more specifically Chainlink.

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The Chainlink vision is that cryptographic truth is always the right answer. So your belief is don't trust humans, trust the protocol. Of course, that is a scalable model if will could get the technology to scale and that is likely a major contribution to the computer architecture going forward. Chainlink validators are given reliability scores based on the good data they provide and they are rewarded with link tokens when they execute data seamlessly. Chainlink is blockchain agnostic and has actually come a long way since that started in 2017.

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Chainlink is live on 15 chains, some of these are EVM chains, and some are Layer 2 solutions. They have a completely new blockchain design like Solana and they want to target heterogeneous environments of chains, not just EVM chains. Chainlink has also evolved and has many products like data feed, proof of reserves, VRF, automation, CCIP, and so on. Many people think of chainlink as providing reliability through Data Feeds, they do that but they offer more products and services besides just that. Chainlink is about cost reduction so the Chainlink scale program also builds on a great Oracle of networks coming into various blockchain environments and creating a great ecosystem developer to build applications. There is a long history of when an Oracle goes into and becomes live on a blockchain, that's when a certain application can be built.