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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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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.
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About |
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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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.
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Type |
Type
coin
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Type
token
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Founding Date |
Founding Date
2009
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Founding Date
2017
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Country |
Country
International
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Country
No data
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Not Public
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Team
Public
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Protocol |
Protocol
Public blockchain
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Protocol
Public blockchain
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Current price (USD) |
Current price (USD)
63573.0125
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Current price (USD)
No data
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All-time high (USD) |
All-time high (USD)
20089.0000
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All-time high (USD)
No data
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Price change (24h) |
Price change (24h)
1.58
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Price change (24h)
No data
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Volume (24h) |
Volume (24h)
631366565.78195
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Volume (24h)
No data
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Hashrate |
Hashrate
93000000000
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Hashrate
No data
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Max Supply |
Max Supply
21000000.00000
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Max Supply
No data
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Total supply |
Total supply
No data
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Total supply
No data
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Circulating Supply |
Circulating Supply
19691131.00000
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Circulating Supply
No data
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Transaction speed / Block time |
Transaction speed / Block time
7
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Transaction speed / Block time
No data
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Transaction fee |
Transaction fee
1
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Transaction fee
No data
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Mining profitability |
Mining profitability
low
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Mining profitability
medium
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Algorithm |
Algorithm
SHA-256
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Algorithm
No data
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Proof type |
Proof type
PoW
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Proof type
No data
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Fully premined |
Fully premined
No data
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Fully premined
No data
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Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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Total coins mined |
Total coins mined
18433468.00000
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Total coins mined
No data
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Is trading |
Is trading
yes
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Is trading
No data
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Block reward |
Block reward
6.250000000000
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Block reward
No data
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Block time |
Block time
600
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Block time
No data
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User rating |
User rating
2.0 / 5
2 user review
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User rating
5.0 / 5
3 user review
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Cryptogeek rating |
Cryptogeek rating
4.2 / 5
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Cryptogeek rating
4.2 / 5
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Advantages |
Advantages
- Anonymity;
- Small commissions;
- High translation speed;
- Blockchain technology;
- The new payment method officially legalized in a number of countries.
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Advantages
Technological capabilities
Offers decentralized oracles
Significant presence on social networks
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Disadvantages |
Disadvantages
- Attack 51%;
- Illegality in many countries;
- Unpredictable rate.
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Disadvantages
Few guarantees for the investors
Little communication on further developments
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Bitcoin (BTC) user rating is 2.0, based on 2 user reviews. Chainlink (LINK) user rating is 5.0, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.