Dear BitForex users,
We are delighted to announce the listing of Chainlink (LINK) on BitForex. The details are listed below - Happy trading!
- LINK/BTC, LINK/ETH trading pairs will be available on 2019/08/07 18:00 (GMT+8)
- LINK deposit and withdrawal will be available on 2019/08/07 18:00 (GMT+8)
- Project Name: Chainlink
- Token Symbol: LINK
- Official Website: https://chain.link/
- Total Supply: 1,000,000,000 LINK
- Contract Address: 0x514910771AF9Ca656af840dff83E8264EcF986CA
- Blockchain Explorer: https://etherscan.io/
Chainlink (LINK) is a decentralized oracle service, which aims to connect smart contracts with data from the real world. Since blockchains cannot access data outside their network, oracles are needed to function as data feeds in smart contracts. Oracles provide external data (e.g. temperature, weather) that trigger smart contract executions upon the fulfillment of pre-defined conditions. Participants on the Chainlink network are incentivized (through rewards) to provide smart contracts with access to external data feeds. Should users desire access to off-chain data, they can submit a requesting contract to ChainLink’s network. These contracts will match the requesting contract with the appropriate oracles. The contracts include a reputation contract, an order-matching contract, and an aggregating contract. The aggregating contract gathers data of the selected oracles to find the most accurate result.
Risk Warning: Cryptocurrency trading involves significant risk and may cost your invested capital lost. Please make sure that you fully understand the risk involved and take it into consideration your level of experience, investment objectives and seek independent financial advice if necessary.