Control Link Contract For Free

ChainLink Token Token Holders RankAddressPercentage1Binance 83.7124%20xfb682b0de4e0093835ea21cfabb5449ca9ac9e5e3.0000%30x4a87ece3efffcb012fbe491aa028032e07b6f6cf3.0000%40xd321948212663366503e8dccde39cc8e71c267c03.0000%89 more rows

Chainlink is known as a decentralized oracle network or blockchain abstraction layer. Chainlink uses blockchain technology to securely enable computations on and off chain, supporting what it calls hybrid smart contracts.

Smart contracts in Ethereum are immutable by default. Once you create them there is no way to alter them, effectively acting as an unbreakable contract among participants.

Chainlink Keepers use a decentralized network to monitor your automation logic securely and cost-efficiently off-chain, and then initiate an on-chain transaction to execute the smart contract function when predefined conditions are met.

Chainlink was created in 2017 by Sergey Nazarov and Steve Ellis, who co-authored a white paper introducing the Chainlink protocol and network with Cornell University professor Ari Juels the same year. Chainlink acts as a "bridge" between a blockchain and off-chain environments.

The industry standard oracle network Chainlink greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology.

Chainlink does not operate its own blockchain instead, it is interoperable and running on many different blockchains simultaneously.

Chainlink is a decentralized oracle 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.

Summary. Chainlink is a decentralized oracle 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.

Open the Chainlink Keepers app. Register a new Upkeep in the Chainlink Keepers App and select Custom logic trigger. Provide the address of your Keepers-compatible contract and complete the remaining details. Your upkeep name will be publicly visible, but your email and project name will not be publicly visible.