What is Chainlink? LINK Explained Simply (ANIMATED)
What is Chainlink crypto? What is LINK, the cryptocurrency?
Understanding Chainlink means understanding how the crypto sphere relies on external real-world data. It’s a question of precision, time, and failure proof approach to keeping the blockchain world trustworthy, and thus, safe and efficient.
In this video, I’ll answer the questions of What is Chainlink in crypto and why is it important to understand it. I’ll take a look at how does Chainlink work, what is it used for and what’s important to learn from these once revolutionary blockchain innovations.
Do you have any experience with Chainlink? Have you ever considered the importance of bridging the gap between the external real-world data and blockchain before watching this video? Be sure to share your insights in the comment section below!
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Video Time Table:
0:00 Introduction to What is Chainlink
0:53 Chainlink Origins
6:04 The LINK Token
8:26 How Does Chainlink Work?
10:05 Wrap-up: What is Chainlink?
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