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Reddit Posts

r/CryptoMarketsSee Post

Which oracle will be dominant in 2024?

r/CryptoCurrencySee Post

150K Stolen in Phishing Scam (Pink Drainer)

r/CryptoCurrencySee Post

Transfer Coins to Ledger

r/CryptoMoonShotsSee Post

Bitcoin ETF Approval and its immediate effect on Blockchain Adoption

r/CryptoCurrencySee Post

Humbe question: How do we know Crypto is not dead?

r/CryptoCurrencySee Post

Is this subreddit stuck in 2017?

r/CryptoMoonShotsSee Post

Algorithmic Stock Trading Was So 2023. It’s Time To AlgoTrade Crypto As Well.

r/CryptoCurrencySee Post

LINK forming an F&P?

r/CryptoMarketsSee Post

What an unlucky guy!

r/CryptoCurrencySee Post

4.4M in LINK Stolen, Numerous ENS Wallets Connected

r/CryptoMarketsSee Post

DIA's 2023 in a review

r/CryptoCurrencySee Post

Only 8,824 unique Community Stakers for Chainlink Staking V.02

r/CryptoMarketsSee Post

Data oracles are starting to see big pumps

r/SatoshiStreetBetsSee Post

Oracle projects are awakening. Don't sleep on DIA!

r/CryptoMarketsSee Post

For how strong LINK is in the ecosystem, any idea why it doesn't move much?

r/CryptoCurrencySee Post

Chainlink (LINK) and ERC-20 fees - will they ever come back down or should I move on?

r/CryptoCurrencySee Post

Today is a day to remember for me

r/CryptoCurrencySee Post

No last correction - FOMO?

r/CryptoCurrencySee Post

Chainlink V.2 Staking Pool is 450K LINK away from being completely full!

r/SatoshiStreetBetsSee Post

🎰 BCH.GAMES: Play, Win, Earn Crypto - A Gaming Odyssey to Financial Freedom! 🚀💸

r/SatoshiStreetBetsSee Post

💸 ATTA POLL: Turn Opinions into Cash - Your Gateway to Easy Money! 📊💰

r/CryptoMarketsSee Post

Creating a net worth calculator app - need feedback

r/SatoshiStreetBetsSee Post

🎰 BCH.GAMES: Play, Win, and Earn Crypto - A Gaming Revolution! 🚀💰

r/SatoshiStreetBetsSee Post

💰 ATTA POLL: Turn Opinions into Earnings with Every Click! 🌐💸

r/CryptoCurrencySee Post

Owe IRS over 50k from 2021. Looking for advice

r/CryptoCurrencySee Post

Owe the IRS over 50k from 2021. Looking for advice

r/CryptoCurrencySee Post

Chainlink's ($LINK) Superb Performance for BINANCE:LINKUSD.P by DEXWireNews

r/CryptoCurrencySee Post

Planning to autoinvest 300usdt in these 7 coins every 2 weeks. Any toughts and advices much appreciated

r/SatoshiStreetBetsSee Post

Exploring RWA projects

r/CryptoCurrencySee Post

$20K in a single coin, which one?

r/CryptoMoonShotsSee Post

This L1 Token is Up 120% Whilst Altcoin Market cap Anticipates 14% Rally

r/CryptoCurrencySee Post

The Art of DCA and Averaging Down: Prepping for the Next Bull Run 🚀

r/CryptoCurrencySee Post

COIN-M Exchanges / DEXs Today

r/CryptoCurrencySee Post

What's Going on with ETH?

r/CryptoCurrencySee Post

why i started buying chainlink (LINK) again

r/CryptoCurrencySee Post

Rate my 'folio bros.

r/CryptoMoonShotsSee Post

$LINK 100k$ mkt cap | ZeldaSanders360PolarBearElonRNGstar | Read on to decipher

r/CryptoCurrencySee Post

The Case for Chainlink as the Backbone of Web3

r/CryptoMarketsSee Post

Chainlink Soars to a 17-Month High, With over $100M LINK Exiting Exchanges

r/CryptoMarketsSee Post

Why is chainlink blowing up

r/CryptoCurrencySee Post

Curiosity with that chain

r/CryptoCurrencySee Post

US OCC to host discussion on tokenization of real-world assets

r/CryptoCurrencySee Post

Without community points, you no longer have any reason to fear. Take this opportunity to tell me all your opinions that would be deemed unpopular.

r/CryptoCurrencySee Post

Look on the bright side - without community points, you no longer have any reason to fear! Take this opportunity to tell me all your opinions that would be deemed unpopular.

r/CryptoCurrencySee Post

Look on the bright side - you no long have any reason to fear obtaining negative karma here! Take this opportunity to tell me all your opinions and comments that would be deemed unpopular in this subreddit.

r/CryptoCurrencySee Post

BTC dominance is at 52%. - Bitcoin remains the OG of crypto.

r/CryptoCurrencySee Post

BTC dominance is at 52%. - Bitcoin remains the OG of crypto.

r/CryptoCurrencySee Post

Chainlink (LINK) Announces 9 New Integrations - Will the $8 Price Target be Next?

r/CryptoCurrencySee Post

Chainlink LINK 'Safest Bet' for Real-World Asset Tokenization: Research

r/CryptoCurrencySee Post

Chainlink LINK Could Get a Boost From RWA Tokenization Hype

r/CryptoCurrencySee Post

Chainlink LINK Could Get a Boost From RWA Tokenization Hype

r/CryptoCurrencySee Post

Number 1 platform for the Tokenization narrative [ChainLINK]

r/CryptoCurrencySee Post

Chainlink’s LINK Is ‘Safest Bet’ to Profit From RWA Tokenization Trend: K33 Research

r/CryptoCurrencySee Post

Chainlink’s LINK Is ‘Safest Bet’ to Profit From RWA Tokenization Trend

r/CryptoCurrencySee Post

Chainlink’s LINK Is ‘Safest Bet’ to Profit From RWA Tokenization Trend

r/CryptoCurrencySee Post

Sergey Nazarov Says People Will Understand Chainlink (LINK) When ‘We Power Everything’ - The Daily Hodl

r/CryptoCurrencySee Post

Update to all Moon LP providers on Sushi Swap: The Moon Distributor has transferred 54,052 ($10,697) Moons for this month’s rewards.

r/CryptoCurrencySee Post

Opinion about FT?

r/CryptoCurrencySee Post

Opinion about FT?

r/CryptoCurrencySee Post

QUESTION: Can anybody please tell me, why my Leger portfolio says that LINK is $20,25 and my 41,78 Tokens are worth $845,98 ?

r/CryptoCurrencySee Post

South Korean gaming titan Wemade taps Chainlink for interoperable Web3 gaming ecosystem

r/CryptoMarketsSee Post

Big Gains on Trade Setups. Don't Miss The Rally! Market is bouncing and some of the picks have generated nice profits!

r/CryptoCurrencySee Post

Chat GPT vs Google Bard, what AI makes the best gains on a 10K USD portfolio first month update

r/CryptoCurrencySee Post

Dive into the Heartbeat of Innovation with "Tokenizing Tunes: The Complete Music NFT Handbook" 📘 Unleash Your Musical Soul in the NFT Universe! 🚀 Discover, Create, and Ignite Your Passion [ LINK: https://payhip.com/b/6eXmj ] ... and also in the comments section

r/CryptoCurrencySee Post

Breakdown of LINK in the Past Couple Days

r/CryptoCurrencySee Post

What's everyone's thoughts on LINK these days?

r/CryptoCurrencySee Post

Analyzing ADA

r/CryptoCurrencySee Post

81 Binance Wallets Withdraw $31 Million In LINK, What This Imply

r/CryptoCurrencySee Post

Which altcoins will survive the bear market?

r/CryptoCurrencySee Post

Unbiased Crypto News - BeInCrypto

r/CryptoCurrencySee Post

🔮 Magic Square - The first Web3 app store on the blockchain.

r/CryptoCurrencySee Post

Optimism has sold 116M OP tokens for “treasury management purposes”. This is the only reason alot of these tokens exist

r/CryptoCurrencySee Post

What decentralized exchanges (DEX) have the lowest trading fees?

r/CryptoCurrencySee Post

Is Chainlink's Cross-Chain Interoperability Protocol (CCIP) Going To Unify The Blockchain World Like TCP/IP Did With The Internet?

r/CryptoCurrencySee Post

Chainlink’s LINK Soars, Outperforming Other Crypto Majors

r/CryptoCurrencySee Post

Chainlink’s LINK Soars, Outperforming Other Crypto Majors

r/CryptoCurrencySee Post

What the 18.75 Million LINK Movement Means for Chainlink's Future Price

r/CryptoCurrencySee Post

LINK is the most interesting crypto project out there given the recent news from the financial world. What does everyone else think?

r/CryptoCurrencySee Post

The Top 10 DefI Cryptocurrencies to Watch in 2023 before the Bull Run

r/CryptoCurrencySee Post

CHAINLINK BREAKS OUT! What next for LINK?!

r/CryptoCurrencySee Post

What's your strategy for the next bull run?

r/CryptoCurrencySee Post

Which altcoins will survive the bear market?

r/CryptoCurrencySee Post

What If MicroStrategy Bought ETH Instead Of Bitcoin?

r/CryptoCurrencySee Post

Which ALTCOINS will survive the bear market?

r/CryptoCurrencySee Post

Crypto Trader Says One Ethereum-Based Altcoin Primed To ‘Do Big Numbers’, Updates Outlook on Bitcoin and Polygon - The Daily Hodl

r/CryptoCurrencySee Post

Note to all Moon LP providers on Sushi swap: The Moon Distributor transferred 56,020 ($15,675) Moons for this month’s rewards

r/CryptoCurrencySee Post

Is DCAing a few bucks every week into 20/30 tokens on Coinbase a dumb idea?

r/CryptoCurrencySee Post

Financially Demoralized

r/CryptoCurrencySee Post

Is Defi mostly for whales?

r/CryptoCurrencySee Post

Bridges, wrapped tokens, and hubs: a simple guide to understanding interoperability

r/CryptoCurrencySee Post

Bitcoin flatlines again but TON, LINK, MKR, XTZ are poised for up-move

r/CryptoCurrencySee Post

FTX Cold Wallet Actively Transferring Tokens. Till Now Transferred Over $10 Million Using Wormhole

r/CryptoCurrencySee Post

Chainlink (LINK) to surge according to crypto analytic platform Santiment

r/CryptoCurrencySee Post

AI QUANTITIVE TRADING with COS+KRAKEN

r/CryptoCurrencySee Post

Wallets: an in-depth guide to understanding what wallets actually do, why hardware wallets are safer than software wallets, how public keys, private keys, & transaction signing work, and what terms like “cold”, “hot”, & “air-gapped” actually mean

r/CryptoCurrencySee Post

High Blood Pressure Caused Me to Invest in CryptoCurrency

r/CryptoCurrencySee Post

Ethereum, Chainlink and Altcoins Now Setting Up for ‘The Real Move,’ Says Analyst Michaël Van De Poppe

r/CryptoCurrencySee Post

Coins that receive revenue from and are interwoven into other projects/coins.

r/CryptoCurrencySee Post

Chat GPT vs Google Bard, what AI makes the best gains on a 10K USD portfolio

r/CryptoCurrencySee Post

SEC files 13 charges against Binance and Zhao - OFFICIAL SEC.GOV LINK COVERING IT ALL

Mentions

I like LINK, but if you're thinking about profitability, there are better projects. Peek into the AI market; it's very bullish with a 26% rise this week alone. IMO, this is where the liquidity lies. AI is leaning towards FHE tech, and some projects have solutions to its current challenges e.g. Sight AI. Just follow the money, do a little research and you will find gems. Goodluck.

Mentions:#LINK#IMO

I see we share a similar interest in LINK. I'm currently focused more on oracles. DIA, TRB, and SUPRA (with its upcoming TGE) are all on my radar.

Mentions:#LINK#DIA#TRB

I'm up on my BTC, LINK,and ETH. Am only slightly down on LTC -3%, once it hits $87 again I'll be even and then up from there.

Up about 80%. Have a few small $50/100 bets on a couple projects, but my biggest bags are BTC, ETH, LINK, ZF, GRT & FET. ZF is my biggest gainer in the past year. Put $300 in December and it’s up about 400% so far.

LINK, surprisingly enough

Mentions:#LINK

>but as an investor in LINK, even I think it would be foolish to not consider the possibility of a competitor emerging. [https://www.coindesk.com/markets/2016/09/26/swift-kicks-off-sibos-by-unveiling-blockchain-contest-winners/](https://www.coindesk.com/markets/2016/09/26/swift-kicks-off-sibos-by-unveiling-blockchain-contest-winners/) Chainlink is swifts baby, theyll never let anything happen to them. Sergey was handpicked years ago. I also whole heartedly believe that chainlink has no real competitors, theyre all VC scams. You cant have competition when youre the standard.

Mentions:#LINK#VC

I agree the LINK doesn’t have a competitor which is why I put it in quotations, but as an investor in LINK, even I think it would be foolish to not consider the possibility of a competitor emerging. Especially when you consider that Institutions desperately want to stay in control of the financial system and may be driven to try to replicate the LINK system. Blackrock is creating BUIDL, which has a token, but you have to be “an investor” with $5m to even buy their token right now. This tells me it’s the same ole same ole, boys club, and they’re trying to BUIDL something that only rich people can get richer from, and they just want to keep control of the global financial system. Honestly wish developers would just refuse to work on it, but as we know, money talks. I hope LINK just continues to crush all the competition. I do think regardless of BUIDL taking off, LINK will be needed by BUIDL, and we NEED a neutral party governing all the data. I actually think LINK will become closer to Swift, DTCC, and ICANN.

Mentions:#LINK#BUIDL

Any good reason as to why LINK is running again?

Mentions:#LINK

between Swift DTCC WEF and Euroclear (the EU version of the DTCC) Chainlink is basically the defacto solution for all of earth, every bank, every market, every nation. it's wild to see these absolutely behemoths openly endorsing LINK

Mentions:#LINK

The one to rule them all! LINK

Mentions:#LINK

Who cares? I just don’t like blatant misinformation like “the token isn’t necessary”. I agree with them on some aspects, bc they’re right, it’s speculative. Even $100M a year in the LINK system, which is happening now, probably won’t mean much if the growth doesn’t continue and more tokens are released in the market. I just personally feel that this person is using FUD as a mechanism of copium bc they DO see the value of LINK. Maybe they are afraid they’re missing the boat bc they have their money in a “competitor”.

Mentions:#LINK#FUD

This is part of why this conversation is always so hard to have. "Crypto" is not a asset class, or a type of company. It's simply an immutable ledger with varying degrees of programability. Even if we just focus on ERC20 Ethereum tokens, a subset of crypto, they can be: \* A wrapped asset, like wrapped Bitcoin \* A stablecoin, like DAI \* A governance token, like AAVE \* A deposited/staked investment receipt, like cDAI for "DAI in Compound Finance" \* A untradeable tracking of debt, like AAVE debt tokens \* A utility token, like BAT \* A "Software As A Service" fee token, like LINK \* Untransferable point system, like a videogame and so much more. Not to mention, it can be a combination of the above, i.e. a governance token with utility that can be used as a fee in software as a service products. Before we can establish fundamentals, the first part of the discourse needs to be categorizing it. Otherwise, theres a counter example to every single point, cause there is no enforced consistency between cryptos. So far, we've pretty much just created categories for "Stablecoins" vs "Crypto", and sometimes we throw in "Utility Token" and "Governance Token", but we need to take it further, and talk about the separate use cases as distinct

Blah blah blah. No one ever said that every transaction the DTCC oversees will flow through LINK and settle on blockchain. But the facts are: 1) the DTCC is absolutely huge in the world of finance. They settle quadrillions every year 2) the DTCC is using chainlink CCIP to move transactions on chain from their messaging system to a ethereum compatible blockchain 3) CCIP transactions charge a fee that is paid in LINK

Mentions:#LINK

> LINK will be used for every transaction that rolls through the DTCC...the DTCC settles quadrillions, and dwarfs the size of the current crypto market cap An estimated 75% of all trades all algorithmic, High-Frequency (HFT) trades. The last few years, there have been improvements in things such as hollow-core fibers to try to improve systems by nanoseconds for trading systems to gain advantages. Do you know what a nanosecond is? A nanosecond is a billionth of a second. What blockchain can process transactions at that speed? We might see a future where it becomes popular to hold tokenized stocks on blockchains. But the majority of trades will never occur there. Blockchains are too inefficient/slow for that. And that is what Chainlink is about, real world data on chain. Anyway, even in 2020 to the end of 2021, there were over 90 stocks tokenized for trading on BNB/Binance chain and FTX/Solana until the regulators stopped Binance and FTX exit scammed. These included APPL, TSLA, GOOGL, MSFT but there was almost zero interest in these tokenized stocks. And if blockchain tokenized stocks does capture a small percentage of the market, the trading fees charged by the NYSE itself is minuscule, like a fraction of a cent. I am not talking about the commissions but the clearing fees charged by NYSE itself. The idea that DTCC settles quadrillions and LINK will be used in every transaction is ludicrous delusion just like Ripple bagholders who bought into the hype that "XRP will free $3 Trillion in liquidity in Nostro/Vostro accounts." Think logically and rationally, this entire space is a scam at worst and speculative hype at best. It will easily make you a bagholder if you don't think critically.

What are you even talking about? CCIP fees, oracle services, and feeds are paid for in LINK. Here’s the documentation discussing just ONE aspect of how LINK is used. You’ll noticed there’s even a call out that even in USD denominated networks, no USD is ever used, they immediately convert LINK to the USD amount and have to pay in LINK. NO LINK? NO SERVICE. https://docs.chain.link/chainlink-functions/resources/billing#cost-calculation-fulfillment The “dumping” is planned and necessary. There are only 1 billion LINK created and the market they are aiming to capture is TRILLIONS annually. Probably gonna need as much LINK as possible, right? You’re damn right you will. LINK has been rolling out new features like CCIP. The revenue they generate, AGAIN, paid in LINK is publicly available below: It’s only been live since around January 2021, and the revenue Chainlink has generated is $390 Million in USD. Look at all the charts… the growth is hockey sticking and they’re only piloting with DTCC. Based on the below charts, $100M in LINK per year is already needed to keep the system running and it’s NOT EVEN showing ANY signs of slowing! What the hell do you think is going to happen to the price of LINK when this system needs $10 Billion or $10 Trillion dollars in LINK to perform its services? https://dune.com/linkpool/chainlink-revenue I truly don’t care if you don’t buy, but I frankly think you’re an idiot if you don’t see the potential. I’m done now.

Mentions:#LINK#ONE#NOT

Except every transaction on CCIP actually uses LINK. And if another asset is used, it gets converted to LINK. Just like ETH is used for every transaction on ethereum, LINK will be used for every transaction that rolls through the DTCC But the DTCC settles quadrillions, and dwarfs the size of the current crypto market cap

Mentions:#LINK#ETH

I’ve always assumed the future top three will be BTC, ETH, and LINK. Honestly, I’m such a strong believer in LINK, I can see LINK powering ahead of ETH.

Mentions:#BTC#ETH#LINK

I’ve been talking about LINK for years. Most people don’t get it. Right now the only thing stopping LINK is the banks, notably Blackrock trying to get BUIDL off the ground. But LINK is working with DTCC…that is huge. SWIFT and DTCC are both orgs that NEED to operate independently from financial orgs in cooperation with financial orgs to ensure security. The fact that they’re working with LINK says a lot.

Prediction: LINK flips XRP by end of 2024.

Mentions:#LINK#XRP

LINK running, is it Christmas?

Mentions:#LINK

https://www.dtcc.com/-/media/Files/Downloads/DTCC-Connection/Smart_NAV-Report.pdf > Pilot to evaluate the feasibility and industry value of delivering a DLT-based price. We see an opportunity to potentially expand the scope of the pilot - Crypto Project pays company to do a pilot - Creates hype - 1 year, 2 years, 5 years later nothing materializes out of this We've seen this play out over and over again. Yet people keep falling for the same crypto hype tactic, over and over again. I've lost count of the number of banks, tech companies and governments that Ripple, Stellar, IOTA, Factom, Vechain, etc did pilot programs and partnerships with. Chainlink itself had pilots with Swift, collaborations with Google, etc. But there is no evidence that any of these pilots will ever materialize into anything or bring value and demand for the token. On the other hand, LINK price has gone from $20 in August 2020 to $14 today with Sergey Nazarov having dumped ~240,000,000 tokens on the market over that period. Bagholders who bought into the hype not only missed out on bullrun gains but are down -30% since 2020. Since there there is no demand or need for the token and Chainlink "Foundation" has 450,000,000 to dump, why would anyone buy this knowing what the inevitable token dumps do to the price?

I’m big on the idea that crypto won’t go super far unless it’s connected to stuff happening off the blockchain (hence my LINK investment). I’m looking at early crypto tech the same way I looked at early internet tech: -it starts with hundreds of competitors across a bunch of different focuses -some of them become extremely popular for a bit, then die off because their tech didn’t have any ACTUAL effect on the development of the webspace -there are only a few big winners. Sure, some of them can get you pretty rich pretty quick, but we’re talking about BIG winners -Bitcoin and ETH are the biggest crypto winners so far because their tech pioneered their focus, and will stay relevant for a super long time -With where we are right now, the best bet seems to be looking to the future and seeing what will be needed and why The reason I’m bullish on LINK is because you have your 3 pillars that (in my opinion) the cryptospace will be built on 1.) Bitcoin (acting as digital “gold”) 2.) Ethereum (just doing what it does) 3.) Chainlink (bridging the gap between blockchains and the real world) Along with that, the tech they’re developing is going to be the same baseline for interoperability that bitcoin was for crypto as a whole If you think about it, LINK has potential to get crazy transaction volume through their services given that they’re the only company that can do what they do. Add that onto the crazy partnerships they have BEFORE anything has even started, and you have a recipe for success. Obviously the whole crypto world is insanely volatile, but I do feel confident in LINKs long-term potential.

Mentions:#LINK#BIG#ETH

#Chainlink Con-Arguments Below is a Chainlink con-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by etj103007. > **What is Chainlink?** > > *Disclaimer: I have interacted with smart contracts using Chainlink, though I don’t hold any of the token itself.* > > Chainlink is an oracle network, allowing smart contracts to receive (and send) external information. In short, it allows the blockchain to interact with the outside world. > > It is supported on many different blockchains, including the Ethereum Mainnet, its L2s, and sidechains such as Polygon. > > However, the Chainlink network itself is not a blockchain. Instead, it calls itself “blockchain-agnostic” meaning it can theoretically be used on any chain that wants to support it. > > Say you want send 10$ of a coin or token to a certain address every day. Well, if it was a stablecoin, it’d be pretty easy. But maybe it’s Ethereum, or WBTC, or some other token that fluctuates in price. As such, the amount of said token/coin worth 10$ always changes. Using Chainlink, you can avail the price of that token/coin, and be able to calculate the exact amount to send so that it equals 10$. There are many other situations just like this that the Chainlink network is used for. > > The Chainlink token serves a niche; it is used to pay the node operators for the data they deliver. Recently, LINK staking has launched with the advent of Chainlink Staking v0.1. This allows operators and users to stake their LINK to secure the network. > > Chainlink is used as an oracle by various DeFi protocols like AAVE, dYdX, Synthetix, by various NFT projects such as those created by the NBA, even decentralized insurance (Etherisc) and more. ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)) > > # Pros of Chainlink (LINK) > > **1. Chainlink is secure, scalable, and reliable.** > > The nature of being a Chainlink node operator maintains these 3 qualities. Node operators are required to follow a set of guidelines for their nodes to ensure security. For example, nodes have to have backups for the nodes connecting to their data sources, snapshots of the chain for syncing, Ethereum to pay for gas, and more. > > Being decentralized and relying on the blockchain to secure the data feed transactions pretty much guarantees its security as well. > > Node operators also do their best to optimize the performance of their nodes and have also released multiple developments to increase scalability, such as the Off-Chain Reporting upgrade which has reduced operating costs by 90% ([https://blog.chain.link/off-chain-reporting-live-on-mainnet/](https://blog.chain.link/off-chain-reporting-live-on-mainnet/)) > > As said before, Chainlink (being based on smart contracts) can theoretically be used on any blockchain that wishes to adopt it. And with the use cases mentioned above ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)), the only thing it needs is developers willing to adopt it into their respective blockchains. > > The Chainlink network also prides itself on its reliability. Being serviced by independent and reputable node operators such as Infura, Swisscom (telecom company), Huobi, Binance, and others, it relies on this network of operators to source the data needed onchain. As node operators need to stake their tokens as collateral, it also challenges them to offer good performance. > > For example, Chainlink held an “oracle Olympics” challenging operators to keep their uptime at 100% while undergoing several challenges. While 100% is impossible, the winners guaranteed 99.99%, ensuring that their nodes would be available for that amount of time while still surviving thru challenges. > > **2. Chainlink’s recently launched Chainlink Staking v.0.1 allows users to stake their tokens while securing the networks' nodes.** > > While currently only supporting the ETH/USD data feed on mainnet Ethereum, other data feeds will soon be supported. Meanwhile, Staking 0.2 is planned in 9-12 months and is expected to bring updates and developments to staking, and also allow withdrawals of currently staked LINK. > > Just like traditional staking, this version allows users to secure the network; unlike POS blockchains, Chainlink doesn’t run on a blockchain so stakers secure by raising alerts (if the oracle doesn’t report an update in 3 hours, for example). If the alerts are valid, they can earn LINK, improving the security of the network by penalizing unresponsive nodes. > > Reputation systems for nodes have also been developed, ensuring that nodes maintain their good performance and continue providing correct oracle prices. > > These two systems combined ensure every node performs well and allow users in the ecosystem to earn rewards while securing the network. > > **In conclusion:** > > Chainlink Network and its token will continue its developments in the next years as the demand for oracles increases across the crypto space. Its' progress in its tokenomics with the start of staking while simultaneously ensuring the performance of its nodes will be welcomed by users of the network. And as more and more chains support Chainlink, it won't be long until it'll be found everywhere in DeFi and other sectors. > > TLDR: LINK and its network is used in many sectors of crypto, is secure, scalable, and reliable, while its' tokenomics continue to progress. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

I have been in the crypto space for a while, and I've seen many projects that were once written off make comebacks.  For me, your post makes a good point about LINK (Chainlink). I also think that the DeFi and cross-chain interoperability space is going to be huge, and Chainlink is a major player with their oracle solution. Plus, you can check the news and see that they have many partnerships and integrations already in place. Another crypto I'm really bullish on long-term is Bitcoin. As the original and most well-known token, I see BTC's use case as a store of value and digital gold only continuing to grow stronger. Especially with more institutional investment and nations treating it as a reserve asset. For me, HODL is a more passive, buy-and-hold approach to let crypto investments steadily get gains over time.I prefer this to trying to time the market through trading tactics. Also, I  want to give praise to Traders Union for their great guide on understanding HODL. They are a leading education platform for crypto traders. Plus, their HODL guide really breaks it down in simple terms and drives home the point that holding for the long-term, despite volatility, can pay off big.

Don't beat yourself up too much! Crypto is a long game, and patience is key. Even established coins like Bitcoin (BTC) have ups and downs. I remember buying Chainlink (LINK) a while back and feeling nervous during a dip, but I held on and it eventually paid off. While XRP hasn't performed well recently, projects like Ocean Protocol (OCEAN) are working on interesting solutions in the data-sharing space for AI and research. Maybe some research into established projects with real-world use cases could help diversify your portfolio. You mentioned Solana (SOL) – it's had its critics, but it also has a growing ecosystem. The key is understanding the technology behind the project.

HODLing has treated me well, especially with BTC and ETH. The key is to zoom out and look past the daily noise. Totally agree with the LINK pick. Oracles are crucial to connecting blockchain with real-world data, which is essential for widespread adoption I think personal data ownership and monetization could be massive if AI-powered decentralized apps take off. For the long haul of newer projects, look for projects with some utility or problem solvings narrative like Rivalz Network( tackling data provenance with AI on the blockchain), Open Eden(US Tbills yields), Pixels(p2e).

Mentions:#BTC#ETH#LINK

I think LINK is a winner. But I'm not sure how long it will take.

Mentions:#LINK

I also put some money in LINK. At the moment I'm definitely looking out for an AI projects. Will invest more in OCEAN and AIOZ if they start to dip. I am putting some money aside so that I can participate in cpl of the upcoming sales. Waiting for Degen Distillery to launch their DRINK token and waiting for Sight AI to announce theirs. Both of those have ongoing Zealy campaigns. I am thinking to get some meme coins on Solana and Base but I will take some more time to decide where to ape in.

I'd switch ADA for something with more institutional adoption such as HBAR, and also LINK for the newer PYTH (beeare the inflation with this one tho)

If u want real financial advice and have balls of steel.. ur going to covert half into ORAICHAIN and half into INJ/LINK thank me later

Mentions:#INJ#LINK

I would invest in BTC, ETH, Sol and ADA. I also like LINK. I created a list of coins I think will do well ([https://r100k.com/blog/which-altcoins-will-explode-in-2024](https://r100k.com/blog/which-altcoins-will-explode-in-2024))

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Mentions:#LINK

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Mentions:#LINK

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Mentions:#LINK

Not sure but with newer interoperability protocols that exist entirely on chain and chains that can call out to web2 APIs LINK isn’t needed in those scenarios

Mentions:#LINK

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Mentions:#LINK

I only have BTC, ETH, and LINK. I’ve been DCAing since 2021. I hit my ETH and LINK goals. I will continue to DCA into BTC. What are some recommendations on some other alts. Right now, I’m looking at ADA, XTZ, XRP, XMR, & STX.

LINK has been a “maybe it’ll rocket” token for like 4 years now. If the next bull cycle comes and goes and link only makes small gains I wouldn’t be surprised. I got in early so my cost basic in it is like $2, so I’ll continue to baghold hoping it blows up, if not I could sell basically at anytime and still make 5-10x profit.

Mentions:#LINK

Policy changes really fast and it's worth keeping up with them. Supraoracles tge is approaching and I have been following up even from the airdrop era. Got some DIA but not LINK.

Mentions:#DIA#LINK

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Mentions:#LINK

Yes, I'm keeping tabs on these policies, but in my opinion, they won't hold up for long. Nevertheless, crypto payments remain a viable option for the government. Rather than resisting, I recommend finding a way to regulate them. Oracle projects are also good. I'm investing on LINK and DIA, is Supra live already?

Mentions:#LINK#DIA

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Mentions:#LINK

LINK is one of my top pics as well. AIOZ, RNDR, DOT, and hopefully DRINK once they go live on Coinbase.

LINK because they are just used by everything

Mentions:#LINK

#Chainlink Con-Arguments Below is a Chainlink con-argument written by etj103007. > **What is Chainlink?** > > *Disclaimer: I have interacted with smart contracts using Chainlink, though I don’t hold any of the token itself.* > > Chainlink is an oracle network, allowing smart contracts to receive (and send) external information. In short, it allows the blockchain to interact with the outside world. > > It is supported on many different blockchains, including the Ethereum Mainnet, its L2s, and sidechains such as Polygon. > > However, the Chainlink network itself is not a blockchain. Instead, it calls itself “blockchain-agnostic” meaning it can theoretically be used on any chain that wants to support it. > > Say you want send 10$ of a coin or token to a certain address every day. Well, if it was a stablecoin, it’d be pretty easy. But maybe it’s Ethereum, or WBTC, or some other token that fluctuates in price. As such, the amount of said token/coin worth 10$ always changes. Using Chainlink, you can avail the price of that token/coin, and be able to calculate the exact amount to send so that it equals 10$. There are many other situations just like this that the Chainlink network is used for. > > The Chainlink token serves a niche; it is used to pay the node operators for the data they deliver. Recently, LINK staking has launched with the advent of Chainlink Staking v0.1. This allows operators and users to stake their LINK to secure the network. > > Chainlink is used as an oracle by various DeFi protocols like AAVE, dYdX, Synthetix, by various NFT projects such as those created by the NBA, even decentralized insurance (Etherisc) and more. ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)) > > # Pros of Chainlink (LINK) > > **1. Chainlink is secure, scalable, and reliable.** > > The nature of being a Chainlink node operator maintains these 3 qualities. Node operators are required to follow a set of guidelines for their nodes to ensure security. For example, nodes have to have backups for the nodes connecting to their data sources, snapshots of the chain for syncing, Ethereum to pay for gas, and more. > > Being decentralized and relying on the blockchain to secure the data feed transactions pretty much guarantees its security as well. > > Node operators also do their best to optimize the performance of their nodes and have also released multiple developments to increase scalability, such as the Off-Chain Reporting upgrade which has reduced operating costs by 90% ([https://blog.chain.link/off-chain-reporting-live-on-mainnet/](https://blog.chain.link/off-chain-reporting-live-on-mainnet/)) > > As said before, Chainlink (being based on smart contracts) can theoretically be used on any blockchain that wishes to adopt it. And with the use cases mentioned above ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)), the only thing it needs is developers willing to adopt it into their respective blockchains. > > The Chainlink network also prides itself on its reliability. Being serviced by independent and reputable node operators such as Infura, Swisscom (telecom company), Huobi, Binance, and others, it relies on this network of operators to source the data needed onchain. As node operators need to stake their tokens as collateral, it also challenges them to offer good performance. > > For example, Chainlink held an “oracle Olympics” challenging operators to keep their uptime at 100% while undergoing several challenges. While 100% is impossible, the winners guaranteed 99.99%, ensuring that their nodes would be available for that amount of time while still surviving thru challenges. > > **2. Chainlink’s recently launched Chainlink Staking v.0.1 allows users to stake their tokens while securing the networks' nodes.** > > While currently only supporting the ETH/USD data feed on mainnet Ethereum, other data feeds will soon be supported. Meanwhile, Staking 0.2 is planned in 9-12 months and is expected to bring updates and developments to staking, and also allow withdrawals of currently staked LINK. > > Just like traditional staking, this version allows users to secure the network; unlike POS blockchains, Chainlink doesn’t run on a blockchain so stakers secure by raising alerts (if the oracle doesn’t report an update in 3 hours, for example). If the alerts are valid, they can earn LINK, improving the security of the network by penalizing unresponsive nodes. > > Reputation systems for nodes have also been developed, ensuring that nodes maintain their good performance and continue providing correct oracle prices. > > These two systems combined ensure every node performs well and allow users in the ecosystem to earn rewards while securing the network. > > **In conclusion:** > > Chainlink Network and its token will continue its developments in the next years as the demand for oracles increases across the crypto space. Its' progress in its tokenomics with the start of staking while simultaneously ensuring the performance of its nodes will be welcomed by users of the network. And as more and more chains support Chainlink, it won't be long until it'll be found everywhere in DeFi and other sectors. > > TLDR: LINK and its network is used in many sectors of crypto, is secure, scalable, and reliable, while its' tokenomics continue to progress. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

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Mentions:#LINK

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Mentions:#LINK

What are everyone’s top picks this cycle. Mine are: LINK, INJ and CKB

Mentions:#LINK#INJ#CKB

ICP - truly incredible technology here MATIC - undervalued atm vs usage and active wallets. other bullish fundamentals behind it LINK - CCIP is game changing and the one that can see large institutional adoption

It depends what it is about. If they claim about "securities", the likes of AVAX or LINK, then yes, that's pretty bad. Even if you don't like someone or is criminal even, it doesn't mean you can accuse them for something irrelevant.

Mentions:#AVAX#LINK

🔴 2015 - You missed $XRP 🔴 2016 - You missed $ETH 🔴 2017 - You missed $ADA 🔴 2018 - You missed $BNB 🔴 2019 - You missed $LINK 🔴 2020 - You missed $DOT 🔴 2021 - You missed $SHIB 🔴 2022 - You missed $GMX 🔴 2023 - You missed $BONK 🟢 In 2024, don't miss $POWSCHE

Thinking of adding a coin or 2 to my portfolio. I currently have BTC, ETH, LINK, KAS. Thinking of something like DOT, Doge, HBAR. Any suggestions?

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Mentions:#LINK

I haven’t been in this sub for awhile. I only hold BTC, ETH, & LINK. Can somebody fill me in on ATOM, ADA, & ALGO? How are those coins holding up?

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Mentions:#LINK

when it come to the AI, my first choice is definitely OCEAN and then the rest of them. LINK is a strong one. i got a lot in my bag as well. regarding Cosmos... i can't really talk about it since i am not into any projects there rn.

Mentions:#OCEAN#LINK

Don't let anyone advise you to buy memes, because it's not a good long-term plan... do your research well, look at the safest options for long-term BTC, ETH, BNB, LINK, OCEAN, and learn about the rest along the way. But first DYOR then invest, that's my advice.

Is this a good portfolio?. 27.5% LINK 20% ETH 12% INJ 9% CKB with the rest being SOL, several ai tokens(fet,trac,etc) and then some cosmos projects( osmo, tia, dym, atom). Thanks in advance.

Wanted to see what people thought of my portfolio. 27.5% LINK 20% ETH 12% INJ 9% CKB with the rest being SOL, several ai tokens(fet,trac,etc) and then more cosmos projects( osmo, tia, dym, atom). Thanks in advance.

Alrighty here’s the problem with your analysis. Generally speaking, alt coins don’t repeat performance. Look at XRP last cycle. If you take it further there’s usually a few “darling” alt coin that takes off each cycle that wasn’t there previously. So last cycle we had (just spitballing here this list is not conclusive) we had LINK, matic, ADA, Doge etc, BUT there’s no guarantee that those alts are going to pop off this cycle. Source: I’ve made this exact mistake in a previous cycle, and when I looked back at what I was doing and just stacked blue chip BTC and ETH I would have been retired. Everyone makes this mistake when they get into cryptocurrencies and they all get warned but nobody listens, it’s a lesson you have to learn the hard way.

The best long-term holds are the ones that are not only in the trending sectors but the ones with massive tech with great impact and never stop building because these are things that will keep the project alive when the bear comes. I consider the likes of LINK, INJ, ARB, ETH, and NEAR the best to invest for long-term hold. Another one I consider a good long-term hold is SIGHT when it goes live (a blockchain for verifiable FHE AI inference).

the 'gas' of CCIP is LINK - can only be paid in LINK from what I understand

Mentions:#LINK

Nice! My you tube algorithm kept bringing up videos of crypto bros pushing LINK hard then I realized it was 5 months ago lol but it’s always been about the use case that it HAS not potentially has…🤷🏻‍♂️

Mentions:#LINK

LINK has held relatively well, I don’t think that horse is tired yet. Hell, I’m bonkers enough to believe that LINK might actually be a decent long term hold if you got in during the pit of last Bear Market. 🤷🏾‍♂️

Mentions:#LINK#Bear

Any LINK bulls left out there? I’ve been waiting to get another juicy bag cheap…thoughts?

Mentions:#LINK

I am one of the dummies that don’t know what this means for Chainlink price…. Does this utilize LINK in someway or is it a contract for use of technology?

Mentions:#LINK

#Chainlink Con-Arguments Below is a Chainlink con-argument written by etj103007. > **What is Chainlink?** > > *Disclaimer: I have interacted with smart contracts using Chainlink, though I don’t hold any of the token itself.* > > Chainlink is an oracle network, allowing smart contracts to receive (and send) external information. In short, it allows the blockchain to interact with the outside world. > > It is supported on many different blockchains, including the Ethereum Mainnet, its L2s, and sidechains such as Polygon. > > However, the Chainlink network itself is not a blockchain. Instead, it calls itself “blockchain-agnostic” meaning it can theoretically be used on any chain that wants to support it. > > Say you want send 10$ of a coin or token to a certain address every day. Well, if it was a stablecoin, it’d be pretty easy. But maybe it’s Ethereum, or WBTC, or some other token that fluctuates in price. As such, the amount of said token/coin worth 10$ always changes. Using Chainlink, you can avail the price of that token/coin, and be able to calculate the exact amount to send so that it equals 10$. There are many other situations just like this that the Chainlink network is used for. > > The Chainlink token serves a niche; it is used to pay the node operators for the data they deliver. Recently, LINK staking has launched with the advent of Chainlink Staking v0.1. This allows operators and users to stake their LINK to secure the network. > > Chainlink is used as an oracle by various DeFi protocols like AAVE, dYdX, Synthetix, by various NFT projects such as those created by the NBA, even decentralized insurance (Etherisc) and more. ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)) > > # Pros of Chainlink (LINK) > > **1. Chainlink is secure, scalable, and reliable.** > > The nature of being a Chainlink node operator maintains these 3 qualities. Node operators are required to follow a set of guidelines for their nodes to ensure security. For example, nodes have to have backups for the nodes connecting to their data sources, snapshots of the chain for syncing, Ethereum to pay for gas, and more. > > Being decentralized and relying on the blockchain to secure the data feed transactions pretty much guarantees its security as well. > > Node operators also do their best to optimize the performance of their nodes and have also released multiple developments to increase scalability, such as the Off-Chain Reporting upgrade which has reduced operating costs by 90% ([https://blog.chain.link/off-chain-reporting-live-on-mainnet/](https://blog.chain.link/off-chain-reporting-live-on-mainnet/)) > > As said before, Chainlink (being based on smart contracts) can theoretically be used on any blockchain that wishes to adopt it. And with the use cases mentioned above ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)), the only thing it needs is developers willing to adopt it into their respective blockchains. > > The Chainlink network also prides itself on its reliability. Being serviced by independent and reputable node operators such as Infura, Swisscom (telecom company), Huobi, Binance, and others, it relies on this network of operators to source the data needed onchain. As node operators need to stake their tokens as collateral, it also challenges them to offer good performance. > > For example, Chainlink held an “oracle Olympics” challenging operators to keep their uptime at 100% while undergoing several challenges. While 100% is impossible, the winners guaranteed 99.99%, ensuring that their nodes would be available for that amount of time while still surviving thru challenges. > > **2. Chainlink’s recently launched Chainlink Staking v.0.1 allows users to stake their tokens while securing the networks' nodes.** > > While currently only supporting the ETH/USD data feed on mainnet Ethereum, other data feeds will soon be supported. Meanwhile, Staking 0.2 is planned in 9-12 months and is expected to bring updates and developments to staking, and also allow withdrawals of currently staked LINK. > > Just like traditional staking, this version allows users to secure the network; unlike POS blockchains, Chainlink doesn’t run on a blockchain so stakers secure by raising alerts (if the oracle doesn’t report an update in 3 hours, for example). If the alerts are valid, they can earn LINK, improving the security of the network by penalizing unresponsive nodes. > > Reputation systems for nodes have also been developed, ensuring that nodes maintain their good performance and continue providing correct oracle prices. > > These two systems combined ensure every node performs well and allow users in the ecosystem to earn rewards while securing the network. > > **In conclusion:** > > Chainlink Network and its token will continue its developments in the next years as the demand for oracles increases across the crypto space. Its' progress in its tokenomics with the start of staking while simultaneously ensuring the performance of its nodes will be welcomed by users of the network. And as more and more chains support Chainlink, it won't be long until it'll be found everywhere in DeFi and other sectors. > > TLDR: LINK and its network is used in many sectors of crypto, is secure, scalable, and reliable, while its' tokenomics continue to progress. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by etj103007. > **What is Chainlink?** > > *Disclaimer: I have interacted with smart contracts using Chainlink, though I don’t hold any of the token itself.* > > Chainlink is an oracle network, allowing smart contracts to receive (and send) external information. In short, it allows the blockchain to interact with the outside world. > > It is supported on many different blockchains, including the Ethereum Mainnet, its L2s, and sidechains such as Polygon. > > However, the Chainlink network itself is not a blockchain. Instead, it calls itself “blockchain-agnostic” meaning it can theoretically be used on any chain that wants to support it. > > Say you want send 10$ of a coin or token to a certain address every day. Well, if it was a stablecoin, it’d be pretty easy. But maybe it’s Ethereum, or WBTC, or some other token that fluctuates in price. As such, the amount of said token/coin worth 10$ always changes. Using Chainlink, you can avail the price of that token/coin, and be able to calculate the exact amount to send so that it equals 10$. There are many other situations just like this that the Chainlink network is used for. > > The Chainlink token serves a niche; it is used to pay the node operators for the data they deliver. Recently, LINK staking has launched with the advent of Chainlink Staking v0.1. This allows operators and users to stake their LINK to secure the network. > > Chainlink is used as an oracle by various DeFi protocols like AAVE, dYdX, Synthetix, by various NFT projects such as those created by the NBA, even decentralized insurance (Etherisc) and more. ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)) > > # Pros of Chainlink (LINK) > > **1. Chainlink is secure, scalable, and reliable.** > > The nature of being a Chainlink node operator maintains these 3 qualities. Node operators are required to follow a set of guidelines for their nodes to ensure security. For example, nodes have to have backups for the nodes connecting to their data sources, snapshots of the chain for syncing, Ethereum to pay for gas, and more. > > Being decentralized and relying on the blockchain to secure the data feed transactions pretty much guarantees its security as well. > > Node operators also do their best to optimize the performance of their nodes and have also released multiple developments to increase scalability, such as the Off-Chain Reporting upgrade which has reduced operating costs by 90% ([https://blog.chain.link/off-chain-reporting-live-on-mainnet/](https://blog.chain.link/off-chain-reporting-live-on-mainnet/)) > > As said before, Chainlink (being based on smart contracts) can theoretically be used on any blockchain that wishes to adopt it. And with the use cases mentioned above ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)), the only thing it needs is developers willing to adopt it into their respective blockchains. > > The Chainlink network also prides itself on its reliability. Being serviced by independent and reputable node operators such as Infura, Swisscom (telecom company), Huobi, Binance, and others, it relies on this network of operators to source the data needed onchain. As node operators need to stake their tokens as collateral, it also challenges them to offer good performance. > > For example, Chainlink held an “oracle Olympics” challenging operators to keep their uptime at 100% while undergoing several challenges. While 100% is impossible, the winners guaranteed 99.99%, ensuring that their nodes would be available for that amount of time while still surviving thru challenges. > > **2. Chainlink’s recently launched Chainlink Staking v.0.1 allows users to stake their tokens while securing the networks' nodes.** > > While currently only supporting the ETH/USD data feed on mainnet Ethereum, other data feeds will soon be supported. Meanwhile, Staking 0.2 is planned in 9-12 months and is expected to bring updates and developments to staking, and also allow withdrawals of currently staked LINK. > > Just like traditional staking, this version allows users to secure the network; unlike POS blockchains, Chainlink doesn’t run on a blockchain so stakers secure by raising alerts (if the oracle doesn’t report an update in 3 hours, for example). If the alerts are valid, they can earn LINK, improving the security of the network by penalizing unresponsive nodes. > > Reputation systems for nodes have also been developed, ensuring that nodes maintain their good performance and continue providing correct oracle prices. > > These two systems combined ensure every node performs well and allow users in the ecosystem to earn rewards while securing the network. > > **In conclusion:** > > Chainlink Network and its token will continue its developments in the next years as the demand for oracles increases across the crypto space. Its' progress in its tokenomics with the start of staking while simultaneously ensuring the performance of its nodes will be welcomed by users of the network. And as more and more chains support Chainlink, it won't be long until it'll be found everywhere in DeFi and other sectors. > > TLDR: LINK and its network is used in many sectors of crypto, is secure, scalable, and reliable, while its' tokenomics continue to progress. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

#Chainlink Con-Arguments Below is a Chainlink con-argument written by etj103007. > **What is Chainlink?** > > *Disclaimer: I have interacted with smart contracts using Chainlink, though I don’t hold any of the token itself.* > > Chainlink is an oracle network, allowing smart contracts to receive (and send) external information. In short, it allows the blockchain to interact with the outside world. > > It is supported on many different blockchains, including the Ethereum Mainnet, its L2s, and sidechains such as Polygon. > > However, the Chainlink network itself is not a blockchain. Instead, it calls itself “blockchain-agnostic” meaning it can theoretically be used on any chain that wants to support it. > > Say you want send 10$ of a coin or token to a certain address every day. Well, if it was a stablecoin, it’d be pretty easy. But maybe it’s Ethereum, or WBTC, or some other token that fluctuates in price. As such, the amount of said token/coin worth 10$ always changes. Using Chainlink, you can avail the price of that token/coin, and be able to calculate the exact amount to send so that it equals 10$. There are many other situations just like this that the Chainlink network is used for. > > The Chainlink token serves a niche; it is used to pay the node operators for the data they deliver. Recently, LINK staking has launched with the advent of Chainlink Staking v0.1. This allows operators and users to stake their LINK to secure the network. > > Chainlink is used as an oracle by various DeFi protocols like AAVE, dYdX, Synthetix, by various NFT projects such as those created by the NBA, even decentralized insurance (Etherisc) and more. ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)) > > # Pros of Chainlink (LINK) > > **1. Chainlink is secure, scalable, and reliable.** > > The nature of being a Chainlink node operator maintains these 3 qualities. Node operators are required to follow a set of guidelines for their nodes to ensure security. For example, nodes have to have backups for the nodes connecting to their data sources, snapshots of the chain for syncing, Ethereum to pay for gas, and more. > > Being decentralized and relying on the blockchain to secure the data feed transactions pretty much guarantees its security as well. > > Node operators also do their best to optimize the performance of their nodes and have also released multiple developments to increase scalability, such as the Off-Chain Reporting upgrade which has reduced operating costs by 90% ([https://blog.chain.link/off-chain-reporting-live-on-mainnet/](https://blog.chain.link/off-chain-reporting-live-on-mainnet/)) > > As said before, Chainlink (being based on smart contracts) can theoretically be used on any blockchain that wishes to adopt it. And with the use cases mentioned above ([https://blog.chain.link/smart-contract-use-cases/](https://blog.chain.link/smart-contract-use-cases/)), the only thing it needs is developers willing to adopt it into their respective blockchains. > > The Chainlink network also prides itself on its reliability. Being serviced by independent and reputable node operators such as Infura, Swisscom (telecom company), Huobi, Binance, and others, it relies on this network of operators to source the data needed onchain. As node operators need to stake their tokens as collateral, it also challenges them to offer good performance. > > For example, Chainlink held an “oracle Olympics” challenging operators to keep their uptime at 100% while undergoing several challenges. While 100% is impossible, the winners guaranteed 99.99%, ensuring that their nodes would be available for that amount of time while still surviving thru challenges. > > **2. Chainlink’s recently launched Chainlink Staking v.0.1 allows users to stake their tokens while securing the networks' nodes.** > > While currently only supporting the ETH/USD data feed on mainnet Ethereum, other data feeds will soon be supported. Meanwhile, Staking 0.2 is planned in 9-12 months and is expected to bring updates and developments to staking, and also allow withdrawals of currently staked LINK. > > Just like traditional staking, this version allows users to secure the network; unlike POS blockchains, Chainlink doesn’t run on a blockchain so stakers secure by raising alerts (if the oracle doesn’t report an update in 3 hours, for example). If the alerts are valid, they can earn LINK, improving the security of the network by penalizing unresponsive nodes. > > Reputation systems for nodes have also been developed, ensuring that nodes maintain their good performance and continue providing correct oracle prices. > > These two systems combined ensure every node performs well and allow users in the ecosystem to earn rewards while securing the network. > > **In conclusion:** > > Chainlink Network and its token will continue its developments in the next years as the demand for oracles increases across the crypto space. Its' progress in its tokenomics with the start of staking while simultaneously ensuring the performance of its nodes will be welcomed by users of the network. And as more and more chains support Chainlink, it won't be long until it'll be found everywhere in DeFi and other sectors. > > TLDR: LINK and its network is used in many sectors of crypto, is secure, scalable, and reliable, while its' tokenomics continue to progress. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

#Chainlink Pro-Arguments Below is a Chainlink pro-argument written by CreepToeCurrentSea. > Chainlink is a decentralized and open source Oracle network. Sergey Nazarov and Steve Ellis developed it in 2017. Chainlink's primary function is to act as a link between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. In other words, it serves as a connection point between smart contracts and off-chain environments. Its native token LINK is used as a payment token as well as a work token. LINK is a payment token used to reward Chainlink node operators for providing Oracle services. As a work token, LINK can be staked as collateral by node operators to provide oracle services. > > # PROs > > **Unique Function** > > * As mentioned in the introduction, Chainlink serves as a link between smart contracts and off-chain environments. This means that Chainlink enables smart contracts to interact with real-world data and services that exist outside of blockchain networks, broadening the use-case and future potential of smart contracts beyond crypto and into the real world. It's also a very flexible system that can be configured so that Oracle networks can be made up of any combination of node operators and data providers, with different network parameters like update frequency, fee payment amounts, and so on. Instead of trying to be the next Bitcoin or the Ethereum Killer, Chainlink thrives on it's unique utilities and functions that it just acts as another layer in blockchain technology. > > **Various Use-Cases** > > * Chainlink has one of the best use cases in both crypto and in the real world. According to their website, its use cases include DeFi, Enterprise, Insurance, NFT, and Gaming. Social Implact. as well as Climate Markets. By acting as the omni-bridge of crypto, it enables real-world data to be transferred into blockchains/networks, and vice versa by allowing blockchains/networks to send information/data into real-world events. All of this occurs while remaining decentralized, tamper-resistant, and secure. > > **Staking** > > * Chainlink also provides a staking mechanism that "adds a new layer of cryptoeconomic security," according to their website. With this feature, network users can earn rewards for increasing the security guarantees and user assurances of Oracle services by backing them up with staked LINK tokens. As a result, the Chainlink network is more secure, participants are rewarded, and they can play an important role in the network's development. > > **Support for Web3** > > * Web3 is still a bit of a buzzword these days, as not many people understand it. Through their BUILD program, Chainlink assists Web3 projects by providing them with enhanced access to Chainlink services and technical support. This will benefit Chainlink in the long run as the future is likely to bring more technological advancements, as well as up and coming Web3 projects that require Chainlink's security and reliability. > > *Sources:* > > [*https://research.chain.link/whitepaper-v2.pdf*](https://research.chain.link/whitepaper-v2.pdf) > > [*https://en.wikipedia.org/wiki/Chainlink\_(blockchain)*](https://en.wikipedia.org/wiki/Chainlink_(blockchain)) > > [*https://chain.link/use-cases*](https://chain.link/use-cases) > > [*https://chain.link/economics/staking*](https://chain.link/economics/staking) > > [*https://chain.link/economics/build-program*](https://chain.link/economics/build-program) > > [*https://consensys.github.io/blockchainSecurityDB/projects/chainlink/*](https://consensys.github.io/blockchainSecurityDB/projects/chainlink/) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Chainlink) to find submissions for other topics.

Would certain institutions are verifying sources? Or how would that practically work?  ”Authenticated by chainlink” as in $LINK? 

Mentions:#LINK

My portfolio is over 5 figures in the red, but I'm not worried one bit. Even if the market sinks, stick to the most advanced projects BTC, ETH, BNB, OCEAN, INJ, LINK, etc., and there is no need to worry. Of course only spot, no leverage. All this will come back up much stronger...

I don't think it's such a big percentage, but most of the tokens are. From my point of view, what I have been holding for years and what has value are BTC, ETH, LINK, OCEAN, BNB... and these newly released coins, especially memes, are 99.9% red flags.

Message unclear. Bought more LINK.

Mentions:#LINK

It's not possible for some people to zoom out. It's way more easier to panic and call things dead. The pre and post halving periods are not gonna be the same or even similar and using last one as a reference is not wise, IMO. Market conditions are not the same, pretty much nothin is the same. I cannot say that I'm perfectly calm right now but I am far from panic, and yes, I will be getting more stuff during times like these because I believe that there are some projects worth investing in. I won't stop buying LINK and DIA because whatever happens, oracles are still going to be the important part of this industry. I'm going with SOL as well, and I believe that they will be able to solve the problems that they are facing right now. Memes on Base are still doing pretty much fine. BRETT and ROCK are on a discount... It seems to me that some people don't wanna be involved in their own investments.

For the record, i do think this dip is normal, considering the macro outlook and BTC cycles, past trends, we are holding just fine. But i want to hear your opinion on this one: It looks like the SEC is about to take a shit on the altcoin season (ETH will get attacked, but every alt could suffer imo), we have XRP as an example, it doesnt matter if ETH wins in 2-3 years, the altcoin season has passed and you will have to wait 5 years to see any kind of relevant price action. The ETH ETF could be approved and it wouldnt mean shit if ETH ends up being a security (wich im 60/40 on it being one), but chances are it gets denied, and we see much lower prices on ETH, short term. Whats the upside to holding ETH compared to just moving back to BTC? i dont see it, at least not being worth the risk right now.. That being said, my current portfolio is 35% BTC 35% ETH and the rest in alts (SOL, LINK, AVAX, NEAR and FTM), so nothing too crazy. Im thinking of 2 options really, 50% BTC 20%ETH and rest in altcoins, or 60% BTC 40% Alts, and waiting a few month to hear more about the next 2 ETH big news and buy back in. I love ETH to death, it was my first crypto lol, but i just cant see the upside right now. Nothing good comes out of SEC suing Consensys and getting those ETF denied (short term).

With only $100, it's a gamble for sure. Memecoins like WIF, BODEN, DOGE, or ROCK could potentially moon, but they're also super risky. Personally, I wouldn't go all-in on that route. Maybe consider a small allocation, like $20, for a meme you really believe in (DYOR though). Then put the rest ($80) into a more established project with real-world use cases. Oracle projects like DIA (launching V2 tokenomics soon) or Chainlink (LINK) are crucial for the entire crypto ecosystem. Not as flashy as memecoins, but could be a safer bet for long-term growth.

BTC because it's the first one and the most capitalised. ETH because of its flexibility and it was also the first smart contract network. LINK because it's the first decentralized oracle system. HBAR is involved with very large companies. LTC of course goes without saying, being the first BTC clone with a different tokenomics scheme. Those 5 should do well.

Long term, I would bring it down to say 5 projects. Of course the first one being BTC, then ETH, then LINK. After that we then add HBAR and LTC.

Low Cap: SWFTC High Cap: LINK (and HODL)

For every $100, buy: $50 BTC, $20 ETH, $10 SOL, $5 AVAX, $5 LINK, $5 LTC, $2.5 BCH, 2.5 AR (or just $5 BCH)

Yea you’re better off learning how markets work then buy low and sell high as markets peak and valley. But BTC ETH and SOL. Are good bets for now and the next cycle. BTC and ETH are the only 2 that are the safest bets currently. (ETH ETF on the way) some others may be FIL, LINK and GRT also as they are pretty solid infrastructure bets.

I will be messaging you in 3 months on [**2024-07-29 12:28:14 UTC**](http://www.wolframalpha.com/input/?i=2024-07-29%2012:28:14%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/CryptoMoonShots/comments/1cfuyyh/its_only_a_matter_of_time_before_wick_does_a_100x/l1rzg7m/?context=3) [**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FCryptoMoonShots%2Fcomments%2F1cfuyyh%2Fits_only_a_matter_of_time_before_wick_does_a_100x%2Fl1rzg7m%2F%5D%0A%0ARemindMe%21%202024-07-29%2012%3A28%3A14%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201cfuyyh) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|

Mentions:#LINK

I will be messaging you in 10 years on [**2034-04-28 15:24:17 UTC**](http://www.wolframalpha.com/input/?i=2034-04-28%2015:24:17%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/SatoshiStreetBets/comments/1cel4mv/hege_is_the_best_meme_coin_of_2024_sitting_at/l1nh3vm/?context=3) [**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FSatoshiStreetBets%2Fcomments%2F1cel4mv%2Fhege_is_the_best_meme_coin_of_2024_sitting_at%2Fl1nh3vm%2F%5D%0A%0ARemindMe%21%202034-04-28%2015%3A24%3A17%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201cel4mv) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|

Mentions:#LINK

The Community Coin fights against Devs corruption. ONE LOVE ONE DOGEMARLEY LINK--->>>> www.dogemarley.com

Mentions:#ONE#LINK

The strategy that works best in the long run. I've been doing it on BTC, ETH, LINK, DIA, INJ, EGLD for a long time...

ETH, ADA, LINK, Matic, Aero. But I’ve been adding some newer coins as well that I think will have a big pump this bull market.

Mentions:#ETH#ADA#LINK

My portfolio was 80% BTC, 18% ETH, 2% LINK and some microcaps. Just sold everything that is not BTC. Will buy BTC if it drops further. If it doesn't I'll consider it as having taken profits on alts. Got really tired of following multiple tokens. Knowing my luck, I may have triggered the alt season though.

Mentions:#BTC#ETH#LINK

I like DeFi and Oracle, as far as quality is concerned, DYOR first, leave the investment for later, no rush. Look at BTC, INJ, FLM, CAKE, DIA, UNI, LINK... Research what they are doing, when you understand you will understand what I am talking about...

Look for new alts. LINK is pretty much dead at this point.

Mentions:#LINK

If you want an investment for a longer term investment (beside 40-50% of your wallet being BTC): VET AVAX DOT LINK MATIC ADA These may not pump like they did last season, just as an FYI. And there are so many more. I am currently considering getting into: PropC CFG OP Trade safe!

Doing this with Algorand will make you understand what the future could be like. This is also how I found out that LINK wasn’t really an important enough part of the ecosystem to hold. This was also why I sold my MANA and SAND after seeing the games. Also using this logic, I am not sure why people hold more ETH than they absolutely have to based on user experience alone.

My Top 5: 1. ETH 2. QNT 3. HBAR 4. XRP 5. LINK Every single one gets hate. I could not give a solitary shit. Not everyone is going to make it 🤷🏻‍♂️

NEAR is going to flip LINK soon. Amazing project.

Mentions:#NEAR#LINK

He gets the point, furthermore, his company accepts Bitcoin if you want to buy gold: [LINK](https://schiffgold.com/buy/buying-gold-silver-cryptos/) An old saying goes: "Do as I say, not as I do".

Mentions:#LINK

Stuff like: Offering alternate versions of blockchains (ADA, DOT) Inter-chain operability (LINK, ATOM, RUNE to name a few) Decentralized Fianance (ETH, ADA, DOT, etc.) Cleaning up data on blockchain (GRT, Arweave kind of?) Moons is earned (or formerly earned) by shitposting anf getting popular posts/comments. Its really no different than a shitcoin on solana.

If it was money I could AFFORD to lose then I would forego BTC and split as below: ETH - 15% FETCH - 15% THE GRAPH - 15% ARWEAVE - 15% AVAX - 15% LINK - 15% BASEDSWAP - 5% ZKSWAP FINANCE - 5%