ChainLink (LINK)

What is ChainLink?

The ChainLink project looks to solve a recurring problem with smart contract platforms - real-world data interoperability. For many existing smart contract platforms, coding that depends on an influx of external data is an obstacle. ChainLink’s blockchain is designed to bridge this gap. The LINK network is a decentralized oracle network, an intermediary between blockchain systems and off-chain data (bank payments, weather reports, sports results, API's, backend systems, market data etc.) and other blockchains. Anyone who can provide the network with a reliable source of data can become a ChainLink node operator and get paid in LINK tokens for their data feeds. Specific consensus mechanism allows ChainLink to achieve this. Consensus between nodes is achieved off-chain by using the Threshold Schnorr signature scheme. This method rewards only the nodes that provide true and original data. The ChainLink team lists noteworthy partnerships such as SWIFT, Gartner and several others.

ChainLink active markets

Market Ticker	Traded Against	Traded On	Average Price	24h Volume
LINK/BTC	Bitcoin	Binance, Bitforex, Bitrue, Huobi Global, OKEx, Huobi Korea, Mercatox, Livecoin	0.00023416 BTC	$12,800,930
LINK/USDT	Tether	Binance, Huobi Global, Huobi Korea, OKEx, Gate.io	2.40 USDT	$6,670,251
LINK/USD	US Dollar	Coinbase PRO (GDAX)	2.41 USD	$2,619,304
LINK/ETH	Ethereum	Bitforex, Binance, Coinbase PRO (GDAX), Mercatox, Huobi Global, Huobi Korea, IDEX, Bitrue, OKEx, Gate.io	0.01269790 ETH	$820,594
LINK/XRP	Ripple	Bitrue	9.03 XRP	$572,345
LINK/KRW	South Korean Won	Bithumb	3,105.00 KRW	$148,158
LINK/USDC	USD Coin	Binance	2.40 USDC	$134,633
LINK/TUSD	TrueUSD	Binance	2.41 TUSD	$33,502
LINK/PAX	Paxos Standard Token	Binance	2.41 PAX	$18,624

LINK/BTC

0.00023416 BTC

24h Volume $12,800,930

Market traded on

Binance $11,744,638

Bitforex $1,198,963

Bitrue $287,515

Huobi Global $260,680

OKEx $245,892

Huobi Korea $176,439

Mercatox $85,680

Livecoin $103

LINK/USDT

2.40 USDT

24h Volume $6,670,251

Market traded on

Binance $5,085,449

Huobi Global $871,086

Huobi Korea $564,560

OKEx $131,647

Gate.io $17,514

LINK/USD

$2.41 USD

24h Volume $2,619,304

Market traded on

Coinbase PRO (GDAX) $2,619,355

LINK/ETH

0.01269790 ETH

24h Volume $820,594

Market traded on

Bitforex $1,016,088

Binance $607,617

Coinbase PRO (GDAX) $69,289

Mercatox $59,053

Huobi Global $57,850

Huobi Korea $28,129

IDEX $2,473

Bitrue $1,045

OKEx $605

Gate.io $120

LINK/XRP

9.03 XRP

24h Volume $572,345

Market traded on

Bitrue $572,323

LINK/KRW

3,105.00 KRW

24h Volume $148,158

Market traded on

Bithumb $148,192

LINK/USDC

2.40 USDC

24h Volume $134,633

Market traded on

Binance $134,619

LINK/TUSD

2.41 TUSD

24h Volume $33,502

Market traded on

Binance $33,488

LINK/PAX

2.41 PAX

24h Volume $18,624

Market traded on

Binance $18,615

ChainLink inactive markets

Market Ticker	Traded On	Last Trade
LINK/THB	Bitkub	August 16,2019

LINK/THB

73.42 THB

24h Volume $208

Market traded on

Bitkub $0

LINK/WETH

n/a WETH

24h Volume $0

Market traded on

LINK/BCH

n/a BCH

24h Volume $0

Market traded on

ChainLink statistics