Chainlink LINK

Coin
Last Update:
28 minutes ago
Price
$15.6 1.36% 24H
7,891,096.8888889 IRR
Market Volume
299,711,734,130 IRR
33,409.746179612 LINK
Market Cap
$8,689,296,472
68,568,080,356,946,650 IRR
Circulating Supply
556,849,970 LINK
Min & Max Price
7,780,880 IRR
7,955,100 IRR
Global Volume
$790,055,549
50,630,383 LINK

Description

ChainLink is a decentralized oracle network that connects smart contracts on the blockchain with real-world data and events. It was created in 2017 by Sergey Nazarov and Steve Ellis and has become one of the leading decentralized oracle networks in the crypto industry.

History of ChainLink:

Chainlink was created to solve the problem of connecting smart contracts on the blockchain with real-world data and events. The project began as a response to the lack of reliable oracle solutions on the market. Chainlink was launched in 2017 through an initial coin offering (ICO) and quickly gained popularity in the crypto community.

ChainLink Features:

Chainlink is a decentralized oracle network that connects smart contracts on the blockchain with real-world data and events. It works by aggregating data from multiple sources, including traditional data providers, and delivering that data to smart contracts on the blockchain. Chainlink's decentralized nature ensures that the data is accurate and reliable, and its open-source platform allows developers to create their own oracle networks and customize their data sources.

ChainLink Market:

As of March 2023, Chainlink is one of the leading decentralized oracle networks in the crypto industry, with a market share of approximately 30%. The platform has seen significant growth in the past year, with its market capitalization increasing from $10 billion in March 2022 to over $50 billion in February 2023.

ChainLink Mining:

Chainlink does not have a mining system like Bitcoin or Litecoin. Instead, it relies on a network of node operators who provide the data and services necessary to operate the network. Node operators are incentivized through LINK tokens, which are used to pay for data requests and other services on the network.

Energy Consumption:

Chainlink, like other blockchain networks, uses a proof-of-stake consensus mechanism called Ethereum 2.0, which significantly reduces the energy consumption required for mining and maintaining the network compared to proof-of-work systems like Bitcoin and Litecoin. However, there is still a significant amount of energy consumption required for processing transactions and maintaining the network, and efforts are being made to develop more energy-efficient solutions.

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Token Info

Chainlink Price: $15.6
Price Change: 1.36% 24H 7.26% 7D

Calculator

Chainlink Local Markets in Iran

Source Price %24h %7d Volume (24h) Confidence Liquidity Last Update
Huluex 7,917,000 IRR 1.24% 0% 6,558,709,471 IRR
Medium
5/10 26 minutes ago
Exbito 7,869,700 IRR 1.07% 0% 99,542,890,740 IRR
Medium
6/10 26 minutes ago
Tabdeal 7,863,000 IRR 0.9% 0% 79,330,292,512 IRR
Medium
6/10 26 minutes ago
RabinCash 7,955,100 IRR -2.23% 0% 1,383,680,792 IRR
Medium
5/10 26 minutes ago
Ramzinex 7,901,452 IRR 0.81% 0% 4,901,075,308 IRR
High
7/10 26 minutes ago
Wallex 7,934,110 IRR 2.74% 8.69% 40,840,703,681 IRR
Medium
6/10 26 minutes ago
Exir 7,916,000 IRR 0% 0% 2,653,567,500 IRR
High
8/10 26 minutes ago
BitPin 7,780,880 IRR 0% 0% 32,799,027,990 IRR
High
7/10 26 minutes ago
Nobitex 7,882,630 IRR 1.58% 0% 31,701,786,136 IRR
High
8/10 26 minutes ago