
LINKUSD
ChainLink
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About LINKUSD
Oracle Network (Decentralized Data)
Sep 21, 2017
LINK is the native cryptocurrency of Chainlink, a decentralized oracle network that connects blockchains to real-world data and external APIs. Launched in 2017, it enables smart contracts on platforms like Ethereum to securely access off-chain information, such as market data or event outcomes, facilitating automated, trustless contract execution. LINK tokens are used to incentivize node operators for providing reliable data services and securing the network through staking. As a critical infrastructure component for blockchain applications requiring real-world inputs, Chainlink has become a widely adopted solution, with LINK playing a pivotal role in its decentralized ecosystem.
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