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Chainlink
What this page is: neutral, sourced facts about Chainlink. Every line links where it was checked. 10 facts, 2 from primary sources. Educational, not financial advice.
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Launch
- Chainlink was founded in 2017, according to CoinMarketCap. secondary source source
Founders and creators
- The ChainLink white paper (v1.0, 4 September 2017) was written by Steve Ellis, Ari Juels and Sergey Nazarov. primary source source
Origin story
- It is widely considered one of the first decentralized oracle networks. secondary source source
Stated purpose
- Decentralized oracle network providing off-chain data to smart contracts. primary source source
Consensus mechanism
- Community participants can stake LINK to support the network's cryptoeconomic security. secondary source source
Supply model
- Total supply of 1 billion LINK. secondary source source
Main uses today
- The LINK token is the native asset used to pay node operators for services, fund subscription accounts, and incentivize network security through staking. secondary source source
Key milestones
- In 2020, Chainlink launched a proof-of-reserve (PoR) system intended to help projects and tokenized-asset issuers verify asset backing. secondary source source
- In 2018, Chainlink integrated Town Crier, a trusted execution environment-based blockchain oracle. secondary source source
Notable events and controversies
- In 2020, Chainlink launched a proof-of-reserve (PoR) system intended to help cryptocurrency projects and tokenized-asset issuers verify asset backing. secondary source source
Sources & studies
Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.
Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.