ChainLink (LINK)

From List Wiki
Jump to: navigation, search

ChainLink (LINK).png
Related Wiki List Type
Cryptocurrencies List of All
Cryptocurrency Exchanges List of All
Cryptocurrency Wallets List of All

Official site (website): Official site (website): Official Twitter account: Reddit: PDF document file: Explorer: Explorer: Support email address: CoinMarketCap (coin market cap): Alexa website traffic ranking:

Truth and facts[edit]

  • ChainLink is a fully decentralized Oracle network. The LINK Network provides smart contracts with data, bank payments and access to APIs.
  • Connecting leading data providers, payments providers, and various APIs to Smart Contracts.
  • ChainLink is solving the Connectivity Problem, a Key Limiting Factor for Smart Contract Usability


  • Connect to Any Existing API: Easily connect smart contracts on various networks to your existing application and critical external data
  • Send Widely Used Payments: Send Payments from your smart contract to existing bank accounts and over widely used payment networks.
  • Connect With Other Chains: Create secure cross-chain connectivity between your main smart contract and any other public or private chain


  • Slogan: LinkNetwork: A decentralized oracles network for smart contracts.
  • ChainLink (LINK) is based in San Francisco, CA, United States.


  • The official ticker symbol for ChainLink token: LINK
  • Token type: ERC20
  • Total token supply: 1,000,000,000 LINK
  • Circulating supply: 350,000,000 LINK


  • ICO was on 19 Sep 2017.
  • ICO token price: 1 LINK = $0.11 USD / 0.00038 ETH
  • Hard cap: $32 million USD

Video Playlist[edit]

ICO Updated Review: ChainLink (LINK) - Decentralized Oracle Connecting Blockchain With Outside Data

00:00 Hi there, this is Victoria from
00:01 In this video I'm going to do an update on ChainLink, as they've recently released the technical white paper, which provides more color on their project.
00:09 You're welcome to check out my previous video on ChainLink, but I will be running through most of the content again.
00:15 A quick disclaimer before I start, we aren't paid or mandated to do any of our reviews, this is just a personal opinion and analysis and not investment advice.
00:23 Before I dive into ChainLink, let me go over quickly what a smart contractor is, as this is critical to what ChainLink does.
00:31 Smart contracts are essentially computer protocols or lines of code that facilitate, verify or enforce a contract.
00:39 They are tamper proof because they are run on a decentralized network which makes it very secure.
00:43 When some triggering event happens, the program basically runs the code to determine what to do.
00:50 As everything is preset already, it can enforce a contract in just minutes.
00:54 The individuals that are involved can remain anonymous but because everything is on the public ledger, it makes a smart contract secure and immutable.
01:02 This table summarizes the benefits of smart contracts versus traditional contracts.
01:08 The goal is to develop smart contracts, so that they can eventually emulate many of the traditional legal agreements that we have today.
01:15 So what exactly is ChainLink?
01:15 ChainLink is the middleware that connects smart contracts with all chain resources like data feeds and APIs.
01:23 This middleware is known as Oracle.
01:26 With Oracle, smart contracts can do payouts between two parties programmatically without any middlemen.
01:33 Right now, smart contracts have not been able to do this yet, so chain link could be a game changer for smart contract technology.
01:39 Here's a diagram to show you how chain link works with external systems and API like Bloomberg data.
01:47 To connect smart contracts with these outside sources, they will be utilizing their secure Oracles.
01:53 This chart shows the extends the reach that they're decentralized oracle network could have and they are the first to be doing this.
02:01 ChainLink has actually been creating secure Oracle's for Bitcoin and Ethereum for over three years.
02:07 They have been connecting smart contracts on various networks to critical external data feeds as triggers.
02:13 If ChainLink is successful, eventually every data provider, Bank and API could potentially sell their core services to a smart contract.
02:20 If you have ever tried transferring money overseas, you've probably come across Swift.
02:25 Swift is a vast messaging network used by banks around the world to quickly and accurately send and receive information such as money transfer instructions.
02:34 Every day, thousands of banks around the world send around 24 million messages on the network.
02:42 ChainLink is currently working with Swift to develop their own Swift smart Oracle.
02:46 The partnership would allow smart contracts on various networks to make payments, send governance instructions and release collateral with over 11,000 banks.
02:55 This is a very strong partnership for chain link because Swift is a dominant leader in the global processing of transactional messages, and it could give them access to thousands of financial institutions worldwide.
03:07 ChainLink is also working with Cornell to help launch the first Intel SGX security link between smart contracts and external data.
03:17 This picture here is a Town Crier Oracle developed by ChainLink and Cornell.
03:22 This Oracle provides an authenticated data feed of the daily ether price which could be useful for many smart contracts.
03:28 It is made tamper-proof as it uses an Intel SGX secure enclave environment.
03:33 Basically what this means is that they are working on developing a more secure way of running an Oracle.
03:39 ChainLink will be issuing their LINK tokens starting on September 19th in the public crowd sale.
03:43 The hard cap is 32 million dollars and the total supply will be fixed at 1 billion tokens.
03:48 35% of the tokens are going to the public sale which implies a maximum market cap of 91 million.
03:55 This chart shows how the tokens will be allocated, and this shows the bonus structure for link tokens during the public crowd sale.
04:03 Please check ChainLink website for the most up-to-date information on their ICO.
04:07 The LINK tokens will be the platform's unique currency.
04:12 A token system is necessary in their case as allows smart contract users to compensate the various data providers.
04:19 This ensures accurate and verifiable data and help accelerate adoption of ChainLink.
04:25 The more the chain-link platform is used, the more valuable LINK tokens will become, as the supply is fixed at 1 billion tokens.
04:32 ChainLink currently has a core team of two people, both serial entrepreneurs a relevant experience in the blockchain space.
04:41 The CEO was previously the co-founder and CEO of a company called Secure Asset Exchange and CryptoMail, both of which are ventures that provide decentralized solutions.
04:50 They have also been recognized by credible organizations like Gartner, which is one of the world's largest research and advisory firms, as well as world economic forum.
05:00 ChainLink white paper was thoroughly researched in peer reviewed by distinguished computer science professors, cybersecurity experts and blockchain industry leaders.
05:09 The research was actually led by Ari Jules, the professor of computer science at Cornell Tech and the leading cryptography academic.
05:18 He was previously the chief scientist of RSA, one of the world's largest cybersecurity firms that serves nearly half of the global fortune 500 companies.
05:26 There's also Andrew Miller, the associate professor of computer science at the University of Illinois, who is an advisor to Zcash in Tezos.
05:34 And Hudson Jamison, one of the key members of the Ethereum foundation.
05:38 ChainLink also recently added Facebook's director of engineering, Evan Cheng as an active technical advisor.
05:45 He previously created LLVM, which is relied on by all Apple iOS and Mac devices to run their secure lower-level machine code.
05:52 It also plays a key role in how that code is run by some of the world's leading tech companies, including Google, Intel, AMD and NVIDIA.
05:58 So what are the opportunities?
06:03 The team has been working together in the blockchain space for several years already.
06:07 The parent company, smart contract, was founded in 2014 and has been creating secure Oracle's for Bitcoin and Ethereum for over three years already.
06:16 The team is backed by very strong advisors as I touched on just now.
06:20 The project is also backed by several VC investors already.
06:26 And with the development of oracles, blockchain technology and smart contracts will become more useful with a lot more applications.
06:34 Different kinds of contracts can be enforced and executed in a trustless manner.
06:38 We believed ChainLink Oracle network could help blockchain technology reach mass adoption and this is a very significant opportunity.
06:47 As I mentioned earlier, ChainLink is partnered up with Swift, they already completed a phase one proof-of-concept back in June with Swift being a paying customer of ChainLink.
06:56 This valuable partnership would allow ChainLink to easily partner up with other financial institutions going forward.
07:03 The network effect is present for this project because their platform will become increasingly more useful as they gradually become the go-to source blockchain data feeds.
07:12 Their tokens will also become increasingly more valuable as usage of the platform increases.
07:17 One of our concerns is how their platform will interact with regulations and compliance, as they will be touching on things like Bank and retail payments.
07:26 No one knows exactly how this will pan out.
07:29 ChainLink also needs to overcome several challenges associated with making Oracle secure.
07:36 For example, they need to develop Oracle's that preserve confidentiality, which has been one of the main hurdles for blockchain deployment.
07:44 This means that questions like has this flight been delayed? needs to be answered for insurance-related smart contract without exposing any other information on chain.
07:52 Other challenges include infrastructure modification and off chain computation.
07:57 The team is already working on addressing these technical challenges but we are not sure the development timeframe yet.
08:05 And finally, as this is a potentially lucrative space, this could give rise to competition.
08:11 Mobius for example wants to create a standardized proof of stake based protocol that enables developers to easily create Oracles that securely input data into the blockchain, particularly into smart contracts.
08:21 Overall, we believe ChainLink has a genuine market made.
08:27 If they are successful, they can make a big difference in pushing blockchain technology forward and allow smart contracts to actually be smart and tamper proof through the use of secure Oracles.
08:38 From an investment perspective, their ICO could be good as a short-term investment.
08:43 Even though the team has barely done any marketing and PR, and they aren't the most responsive of all the ICOs out there, there's already a lot of and hype for this project in the crypto market.
08:53 They didn't even put up their slack link, but they already have accumulated over 2700 people in their slack channel.
09:00 As a portion of the hard cap has already been sold in the pre-sale, it shouldn't be too difficult for them to hit their hard cap even in the current uncertain environment.
09:08 The tokens will be distributed immediately after the crowd sale, so you'll be able to sell them right away.
09:14 We think chain link could be a good long-term investment as well, as it is solving a genuine and highly lucrative problem, with a lot of good use cases.
09:22 The project has already built traction with Swift being paying customer, which could potentially give them access to over 11,000 banks worldwide.
09:31 We think they have a good chance to be successful as they have three years in the making already and they're backed by computer science professors, cyber security experts and blockchain leaders.
09:41 Thank you very much for watching this video, please check out our website at crush crypto dot com for more information on ChainLink.
09:48 If you would like updates on the crypto space, please subscribe to our YouTube channel and to our newsletter.
09:54 See you next time and I hope you'll keep on crushing it.


List of exchanges, trading platforms and marketplaces to trade, buy and sell ChainLink (LINK).


  • List of supported wallets for ChainLink (LINK).


  • List of development timeline, roadmap, events and milestones on ChainLink (LINK).

Team members[edit]

  • List of team members in ChainLink (LINK).
Official list of team members
Name Position Details
Sergey Nazarov CEO Sergey began his career building peer-to-peer marketplaces, going on to the investment team at FirstMark Capital. He joined the cryptocurrency revolution in 2011, and believes it has the ability to change the way societies distribute wealth, enforce contracts, and share critical information with their citizens.
Steve Ellis CTO


  • List of advisors for ChainLink (LINK).
Name Details
Ari Juels Technical Advisor
Andrew Miller Technical Advisor
Evan Cheng Technical Advisor
Hudson Jameson Technical Advisor
Jake Brukhman Advisor
Brian Lio Advisor


List of partners, supporters and investors for ChainLink (LINK).


White papers[edit]


  • Address: 334 Kearny Street, San Francisco, CA, 94108
  • Email:
  • Email:

Frequently asked questions[edit]