Chainlink (LINK)What's Chainlink price? How much potential does it have? How to buy Chainlink? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how LINK compares to Bitcoin based on its performance!
(Price data last updated about 35 minutes ago)
Data last updated about 35 minutes agoLINK All Time Low/High: €0.125048 (+5474%) / €43.32 (-84%)
Disclaimer: While Cryptolorium always tries to offer correct and up-to-date data, it can sometimes be wrong. Cryptolorium assumes no responsibility or liability for any errors or omissions in the content of this site. So we suggest you pay attention to any abnormalities yourself and take all information brought out on this page with a grain of salt. And as always, keep in mind that trading cryptos involves risks which may result in partial or full loss of your investment.
Compare LINK and BTC performance
How popular is Chainlink cryptocurrency?Chainlink ranks 21th among all cryptocurrencies. It has a market cap of €2147483647. The total trading volume within the last 24 hours was €349885000.
How much potential does it have?How much can Chainlink grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (517,099,971), it can theoretically grow at least 141x before it would become more popular than Bitcoin. This means that based on LINK maximum potential it could reach €983.252 before it would have to overtake Bitcoin.
How to buy Chainlink?The easiest way to buy LINK is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 73 Chainlink exchanges available.
Where can you buy it?LINK should be listed in these exchanges:
Where can I find more information about Chainlink?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
When was LINK created?According to our information LINK was created 16th September 2017.
What is Chainlink?Chainlink is a decentralized oracle service, the first of its kind. When Ethereum went live in 2015, it revolutionized what blockchain could bring to enterprise solution and traditional business. Blockchain was no longer just a medium for new age financial transaction, confined to Bitcoin’s potential to disrupt traditional currency exchange. With Ethereum powered smart contracts, Vitalik Buterin opened up a Pandora’s Box of use cases for blockchain technology. Problem is, per their design, smart contracts can only manage data on the blockchain. Their potential, the ability to provide tamperproof, decentralized applications for uses the world over, is still largely untapped, as many of the smart contract programs built on Ethereum lack a bridge to the real world industries they’re trying to improve.
Chainlink’s first component consists of on-chain contracts deployed on Ethereum’s blockchain. These oracle contracts process the data requests of users looking to take advantage of the network’s oracle services. If a user or entity wants access to off-chain data, they submit a user contract (or requesting contract) to Chainlink’s network, and the blockchain processes these requests into their own contracts. These contracts are responsible for matching the requesting contract up with the appropriate oracles. The contracts include a reputation contract, an order-matching contract, and an aggregating contract. The first of these, the reputation contract, is exactly as it sounds: it checks an oracle provider’s track record to verify its integrity. In turn, the order-matching contract logs the user contract’s service level agreement on the network and collects bids from responsible oracle providers. Finally, the aggregating contract accumulates the collective data of the chosen oracles and balances them to find the most accurate result.
Unfortunately, the Chainlink team does not offer a roadmap, but a testnet of Chainlink’s services should come sometime within Q1 of 2018. Generally, the project’s general lack of marketing and concrete updates have frustrated community members in the past. Sergey Nazarov, the project’s CEO, is known for a quiet community presence that favors of behind-the-scenes work on Chainlink. The team may not hype their project much, but for what it’s worth, they sacrifice brand marketing in favor of product development–and some community members find this focus to be refreshing. For instance, they’ve established an oracle with Swift Bank, and have a few quiet partnerships with zepplin_os and Request Network.
Chainlink has the potential to connect smart contracts with the outside world. It may allow parties to smart contracts to be able to receive external inputs that prove performance and create payment outputs that end users want to receive, such as bank payments. This has the potential to allow smart contract to mimic the vast majority of financial agreements currently available in the market. With the Chainlink Network, anyone can securely provide smart contracts with access to key external data and any other API capabilities, in exchange for financial reward. Although it remains to be seen how the incentive system will operate, there is potential for rewards similar to those available for crypto miners to be available to Node Operators that provide useful data to the Chainlink network."
Check out CoinBureau for the complete review on Chainlink.
|Market Cap: €2147483647||Rank: #21||Volume: €349885000|
Chainlink (LINK) live price chart
Latest Tweets by ChainlinkTweets by Chainlink
10 other cryptos in Web3 category based on volume
|Symbol||Volume||Price||7d change||30d change|
How big was Chainlink coin volume within the last 24h?
Chainlink (LINK) last recorded volume was € 349885000.
How much has Chainlink price changed during one year?
LINK price has changed during the last year -54.38 %.
Is LINK coin close to its All Time High price?
LINK all time high price (ath) is €43.32. Its current price is €6.97. This means that the difference between Chainlink (LINK) All Time High price and LINK current price is -84%.
What is the maximum price Chainlink (LINK) could VERY theoretically reach?
LINK has a current circulating supply of 517,099,971. Based on our calculation LINK could reach up to €983.252 before it would have to overtake Bitcoin. So in theory the potential for growth is 141x its current value (€6.97). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Chainlink and in no way is it a prediction of any kind, far from it.
Where can you buy Chainlink?
Chainlink is currently listed on at least these crypto exchanges: Coinbase Exchange, Deepcoin, BKEX, DigiFinex, Binance, Bitstamp, Bitforex, Kraken, Bitget, MEXC Global, P2B, Crypto.com Exchange, XT.COM, Gate.io, BingX, Gemini, WhiteBIT, OKX, Bibox, Bitrue, BitMart, Dex-Trade, Bitfinex, Dcoin, BTCEX, Uniswap (v3), Bybit, Coinsbit, Binance US and possibly some others.