Chainlink price prediction 2020
What is Chainlink? Is Chainlink a good investment? Can ChainLink reach $1000? My Chainlink price prediction 2020
Today we are focusing on one of the hottest cryptocurrency projects my number 3 of my Top 10 Altcoins 2020 list Chainlink, the predictions for chainlink are great and sometimes just insane ranging from $10-$2000 and even more but before we look into the analysis let’s get to the fundamentals.
What is Chainlink?
Chainlink is a decentralized oracle, an oracle is a data feed that connects blockchains to off-blockchain data, the network provides reliable tamper-proof inputs and outputs for complex smart contracts on any blockchain.
The applications are diverse, affecting transport, telecommunication, weather, healthcare, finance, insurance, gambling industries, governance methods, and much more. In fact, every industry that wants to incorporate real-world data into their smart-contracts.
It all started in 2014 as a startup called “SmartContract”, Sergey Nazarov, Ari Juels, and Steve Ellis wrote the whitepaper for chainlink, right…