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Chainlink is a decentralized blockchain oracle ...

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Chainlink is a decentralized blockchain oracle network that allows data to be transferred between off-chain sources and on-chain smart contracts. It\\'s used in the cryptocurrency industry and Web3. How it works Data sources Data is sourced from off-chain sources, such as exchanges or bank statements Node operators Node operators retrieve data from off-chain sources and put it into a format that smart contracts can use Smart contracts Smart contracts receive new information from the Chainlink Network and verify and aggregate answers from each oracle What it\\'s used for Connecting existing systems to any public or private blockchain Enabling secure cross-chain communication Providing developers with documentation, tutorials, and workshops Features Open-source: Anyone can view the project\\'s code and contribute Decentralized: It\\'s a decentralized computing platform Reliable: It\\'s known for its reliability and data accuracy What makes it valuable? It\\'s a battle-tested project that has survived multiple market turmoils It\\'s one of the most decentralized oracle networks
 2025-01-26T07:30:03

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