Chainlink was founded in 2017 on the Ethereum network in accordance with ERC-20 standards by Sergey Nazarov and computer engineer Steve Ellis. Chainlink, which is among the fast growing crypto projects, acts as a bridge to digital and physical world data through Oracles.
Oracle enables on-chain smart contracts to access and validate off-chain data. Despite the difficulty of reliably obtaining off-chain information on-chain and common oracle issues, Chainlink is challenging.
We participated in Europe’s biggest event ICRYPEX Crypto Fest 2021
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Chainlink oracle connects different blockchains to the off-chain world by providing secure inputs and outputs in their complex smart contracts on the blockchain. The API provides this with a reliable connection.
Chainlink popularity
Chainlink continues to be one of the most popular, high-volume cryptocurrencies with its innovative steps in the DeFi field and the 2.0 update. Thanks to this update, Chainlik, which has reduced the operating cost by 90 percent, has succeeded in adding more than 300 projects to Oracle technology. Accordingly, Chainlink was named one of the 100 Technology Pioneers of 2020 by the start-up World Economic Forum.
Chainlink community
When you look at the events section of the website, it is seen that the motto “For the community, keep the community tight” in the world of DeFi and NFT works well. Its supporters are called LINK Marines.
What is the total supply of LINK?
About 30 percent of the total supply is distributed to its parent company SmartContacts for use in the development of the Chainlink blockchain, while 35 percent is devoted to incentivizing node operators and ecosystem rewards.
According to the statement, this situation can be seen as an advantage for some and a disadvantage for others. It can be criticized for creating a whale effect or centralization in the market. However, this situation is not unique to LINK. Like many cryptocurrencies, LINK’s supply is limited and capped at 1 billion.
Is LINK promising?
Chainlink investors expect LINK to grow further. Chainlink is currently facing strong resistance. For this reason, it is stated that it will be healthy to experience withdrawal before growth. In addition, it is stated that they confirm future growth according to the progress and popularity of the Chainlink team.
How to get chainlink?
To perform your Chainlink (LINK) purchase and sale transactions on the ICRYPEX Cryptocurrency Exchange:
- First of all, you need to become a member of the site by filling in the name-surname, telephone and e-mail address sections from the “New Membership” button.
- After completing your membership transactions, you can load TL balance through your bank account by clicking on the “Deposit” section. If you want, you can also start your investments by sending your LINKs to your crypto wallet that you created in the “My Assets” section.
- In the investments you will make through the bank, you must write ICRYPEX Bilişim AŞ in the receiver / title section. Transfers sent with a different, incorrect or missing recipient name are rejected by the bank.
- The transaction description code in the deposit section should be noted to be written on the receipt. Your transfer is made through current TL accounts registered in your name.
- After loading TL balance in your wallet, you can buy Chainlink by entering the “Easy Buy-Sell” page and selecting the “Easy Buy” button, entering the amount of Chainlink you want to buy and selecting the exchange price. After making your Chainlink purchase, you can evaluate your investments by following the market conditions.
On ICRYPEX; With the Customer Representative assigned to you 24/7, you can quickly trade LINK with daily and weekly analysis support, and perform your transactions with confidence.