Chainlink, a provider of price feeds and other data to blockchains, is reducing the network’s barriers to entry for early-stage projects and reducing costs for existing participants ahead of the introduction of staking of its native token at the end of this year, the company said at this week’s SmartCon developer event held in New York
The smart contract oracle network that powers much of decentralized finance (DeFi) is offering a “Build” program where up-and-coming teams donate 3% to 5% of their native tokens to the network in return for access to Chainlink data. And for those already initiated, the “Scale” program aims to reduce on-chain transaction costs associated with smart contract oracles to near zero.
Chainlink has been a key factor in the roller-coaster growth of DeFi, which reached over $250 billion in total locked value (TVL) late last year, but currently languishes at around $55 billion thanks to harsh bear market conditions. Yet, some crypto market watchers have...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...