Chainlink (LINK) logo
Chainlink (LINK) logo

Chainlink (LINK) Price and Reviews 2023

Contact
Launched: 2017
Site: chain.link
Expert Review
May 23, 2020

ChainLink (LINK) is the native currency of the ChainLink platform. It represents an ERC-20 token is listed on multiple exchanges paired against major cryptos. At the time of writing, you can trade LINK against the fiat USD currency on Coinbase Pro. 

Smart contracts are not able to access data on their own. Since connecting these contracts to data via node is deemed as a point of failure, using a decentralized service could be a solution.

Therefore, the ChainLink project sees its mission in the integration of the off-chain data into smart contracts through a reliable decentralized oracle network. LINK tokens hit the market in 2017 and the currency quickly made its way to the top 50 cryptocurrencies by market cap. Later it reached the top 20. ChainLink partners with a large banking network SWIFT.

Our Score
Transaction speed 4 / 5
Technology 4 / 5
Security 4 / 5
Investment potential 5 / 5
Reputation 4 / 5
Our Score
4.2 / 5
Pros and Cons
pros

Technological capabilities

Offers decentralized oracles

Significant presence on social networks

cons

Few guarantees for the investors

Little communication on further developments

banner-image
Write review
Rating
Please choose your rating.
Your review

Leave your review about Chainlink (LINK) here. Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism.

Your Name
Your Email

Your Email will not be published

User reviews
Mary Kelly 23 September 2021
5.0

Chainlink is the best :)

Mandy 22 September 2021
5.0

Awesome!

Noneofyourbusiness 14 October 2019
5.0

10/10 Project with some serious backing, keep your eyes on this coin.

Launched: 2017
Site: chain.link
Similar coins
Bitcoin Gold (BTG) is a Bitcoin hard fork that took place in 2017. The initial goal behind creation of Bitcoin Gold was to increase level of decentralization of Bitcoin network as it became obvious that most of the network is controlled by few mining pools.
Energi (NRG) is a next-generation Proof of Stake (PoS) cryptocurrency that combines smart contract capabilities, decentralized governance, and a self-funding treasury.
Sebastian Schepis, the Syscoin founder, built Syscoin 1.0 as a blockchain-based marketplace for buying and selling goods. In its third edition in 2018 it became a fully developed blockchain platform. In 2019, Syscoin 4.0 enables any ERC20 to integrate with its Bitcoin-compliant system to accomplish ultra speed and security.