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INTRODUCTION

Good day esteemed steemians in the crypto world. Well after my last week's lesson and assignment which I learnt from different professors which @gbenga is one of them, I've come to admit that this community @cryptoacademy is really underrated. This week 4's task was a test of my crytpo knowledge which is about the Ethereum Blockchain. Professor @gbenga was well on point with the explanations but I still had to go make more researches just to be educated more.. I will be writing about chainlink being one of the projects built on ethereum blockchain but I will first explain what ethereum blockchain is all about.

What's Ethereum Blockchain

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Ethereum is a block chain network that majors on running programming code of any decentralized application. It helps smartcontracts and distributed applications to be built without any interference from the third party. Ethereum blockchain was first launched in 2015 by a 17 years old boy "Vitalik Buterin" due to his exposure to cryptocurrency and seeing some limitations in transactions like bitcoin. Using a transaction ledger helps you in storage of data on the ethereum blockchain. Ethereum uses a network of computers which works together as a supercomputer that assembles to make smart contract applications that are independent from any third party interference.Etherium is the blockchain and it has it's own currency called ether (ETH) which is used for transactions.

Benefits Of Ethereum Blockchain

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1. It uses a far felixable different blockchain than bitcoin.
2. It has decentralized app creation.
3. The hashes are not static.
4. Every hash is a smart contract that cannot be changed or modified.

WHATS CHAINLINK ?

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Chainlink is a decentralized network that provides real world data to smart contracts on the blockchain. Smart contracts are pre-specified agreements on the blockchain that evaluate information and automatically execute when certain conditions are met. Chainlink is much safer cause it brings substantial returns though it differs from other speculative projects. The currency is good for long-term and short-term investments which every crypto trader should transact for. Did I forget to mention that the network provides reliable shields for inputs and outputs for complex smart contracts on any blockchain, which when your expected outcome doesn't tally with what you see, its because of the contract code that you've taken part in and not the data.

Benefits Of Chainlink

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Chainlink project gives room for the compatibility amongst other coins and also allows banks and payment services are added to the system. Based on the knowledge gotten I think chainlink's objective is to decentralize smart contracts and when this happens I bet it would increase the security level of the entire system and speed. It's durable and affordable for enclosing your property "optional" whether you are looking to enclose a residential or commercial .

Conclusion

Well Chainlink is a very good project that has been created on the blockchain but I had to explain chaiink.
Thanks @gbenga for the corrections earlier tho it was heartbreaking but it's worth your correction. Please you could read it again sir @gbenga
Thanks to my mentos @ngoenyi @talktofaith @focusnow.

I'm a member @steemalive community.

Special regards :
Cc: @gbenga
Cc: @steemcurator01
Cc: @steemcurator02
Cc: @steemitblog