Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Chainlink Forum => Topic started by: EAA-ALLAH on April 04, 2021, 04:28:30 PM

Title: How Chainlink will help secure Polkadot’s environment
Post by: EAA-ALLAH on April 04, 2021, 04:28:30 PM
Polkadot has integrated with Chainlink to incorporate its oracle service into its multi-chain environment. Thus, the different teams building on Polkadot will be able to count on a “flexible and reliable” solution to feed parachains with information.
Chainlink Price Feeds have been enabled as a Substrate Oracle pallet and can be accessed by any other pallet integrated into a parachain. Thus, deployable applications will have “powerful new functionality”.  According to a release from Polkadot’s team:
Chainlink Price Feeds will allow smart contract applications across the Polkadot ecosystem to access accurate, up-to-date and tamper-proof price reference data for powering new products and markets. Source (https://www.newsbtc.com/news/how-chainlink-will-help-secure-polkadots-environment/)
Title: Re: How Chainlink will help secure Polkadot’s environment
Post by: aiviaa485 on April 06, 2021, 03:41:02 PM
We are very much waiting for this moment to be the result of the collaboration between Polkadot and Chainlink because these two coins, if working together, will produce positive news for their ecosystem.
Chainlink is able to secure all its assets, as well as Polkadot who is able to continue to get new investors from all companies and the price continues to rise until this moment.
Title: Re: How Chainlink will help secure Polkadot’s environment
Post by: IyemRoker on May 23, 2021, 08:00:56 AM
I am sure that Chainlink understands very well the way in which it works to protect assets from the Polkadot blockchain and Polkadot has such a solid and strong #DevelopmentTeam .
Chainlink definitely believes in what is being done for the future with Polkadot because Polkadot has now entered into the top 10 Coinmarketcap.
Title: Re: How Chainlink will help secure Polkadot’s environment
Post by: damsix on May 30, 2021, 04:06:06 AM
However, I don't know for sure what happened so far because Chainlink has collaborated very far with Polkadot and is providing something very good for the future of these two coins if they continue to work together.
Chainlink has almost the same strength as the thing with Polkadot, namely Smart contracts to create coins that are different from the others, so both of them must become solid coins.
Title: Re: How Chainlink will help secure Polkadot’s environment
Post by: Papa Bear on June 10, 2021, 10:30:37 PM
We are very plenty anticipating this second to be the end result of the collaboration among Polkadot and Chainlink due to the fact those coins, if operating together, will produce high quality information for their ecosystem. Chainlink is capable of stable all its assets, in addition to Polkadot who's capable of hold to get new buyers from all agencies and the fee keeps to upward thrust till this second.
Title: Re: How Chainlink will help secure Polkadot’s environment
Post by: cryptoworld1 on August 29, 2023, 05:22:18 AM
Chainlink aims to create a network of decentralized oracles for smart contracts to securely interact with. By receiving data from multiple Oracles before triggering an outcome, it eliminates any single point of failure and maintains the overall value of smart contracts that rely on external data.