Is Chainlink the Key to Unlocking Ethereum?

Why Connecting Smart Contracts to Real-World Data Will Drive the Next Bull Market.

During the long hard crypto winter of late 2018, many projects faded away or folded, however Chainlink managed to keep growing and even defy the bearish market.

This run has continued since and has grown to now undoubtedly be one of the titans of the space, currently ranked as the #12th largest project by market cap in the space.

Despite being one of the most technically sound projects in the environ, and moving towards solving a critical problem — the project fundamentals have not been as widely discussed or understood as they should have been.

Let’s look to change that.

What are Oracles & Why are They Important?

Historically, blockchains which run smart-contracts have not been able to natively connect to off-chain data, events and payment gateways — this has essentially rendered the technology (smart-contracts) clunky, and reliant on manual input. This, of course, is not scalable — which has left the executional capabilities largely conceptual.

Or to put it more bluntly, they (smart-contracts) have been in no-man’s land — a nascent, unused technology…