What is #CHAINLINK #crypto #shorts #cryptocurrency
Chainlink (LINK) is a cryptocurrency and technology platform that enables non-blockchain enterprises to securely connect with blockchain platforms. Chainlink is middleware that connects blockchain-based smart contracts with external data, such as baseball scores or stock prices. Chainlink's LINK currency pays Chainlink network operators and collateralizes the network's smart contract agreements.
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.
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