ChainLink Token (LINKUSD)

[stockvaper]

Chainlink was founded in 2014 by SmartContract.com in the hopes of creating a bridge between external data sources and public blockchains. In the years since, the Chainlink network has grown significantly and was recently recognized by the World Economic Forum as one of the 100 most promising Technology Pioneers of 2020.

As its parent company name would suggest, Chainlink is focused on expanding the capability of smart contracts by enabling access to real-world data, events, payments, and more, without sacrificing any of the security or reliability blockchain has become known for.

In a recent report by Citi Group, it was forecasted that Chainlink may eventually gain prominence over bitcoin. Developers that use the Chainlink network pay using the protocol’s native token, LINK, which helps facilitate the growth of the on-chain ecosystem. As it becomes more critical to the larger blockchain infrastructure over time, it’s not out of the question to some experts for LINK to gain prominence over bitcoin.

Chainlink has seen a price boom of its own of late, having increased by nearly 600% in the last year.

https://www.computenorth.com/5-of-the-fastest-growing-cryptocurrencies/