Chainlink LINK

Chainlink is a decentralized blockchain network that aims to become a platform for connecting different blockchain networks and connecting smart contract protocols with data outside the blockchain.

Chainlink is currently the most reliable solution that enables the connection of smart contracts with real market values (these values can be property prices, daily temperature data, etc.). 

All exchanges use Chainlink’s blockchain network to synchronize the real-time cryptocurrency prices and exchange rates.
Chainlink runs on the Oracle protocol. Oracles (there are more Oracles in the protocol) are networks that connect blockchain data with real values.

The Chainlink architecture was developed on the Ethereum blockchain. The reason for this is the ability to support smart contracts because they do most of the work.
Chainlink has its own token - LINK.

At the moment of writing this text, there are about 419 million LINK tokens in circulation.

During the initial token offer (ICO), it was announced that the total number of tokens in circulation will be 1 billion.

Chainlink (LINK) cryptocurrency can’t be mined since it uses the Proof-of-Stake protocol. 

Validators invest their LINK tokens to participate in the process of connecting external data sources to the chain. In return for participation in the network, Chainlink rewards validators with LINK from deposits made by users.

The Chainlink system allows everyone to run their own node and participate in token pledging and providing information with smart contracts.

Sergei Nazarov founded Chainlink in 2017. Steve Ellis is mentioned as the co-founder of Chainlink.

On the Bitcoin Store platform, you can easily buy Chainlink and more than 130 cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification you can make a deposit (in HRK or EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet and you can start purchasing cryptocurrencies.

On the Bitcoin Store platform, you can easily sell more than 130 cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or on various trading platforms must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices in Zagreb and Split.

Verifying your identity via ID card is not required for all transactions up to HRK 15.000,00

In the exchange office, you can also make a deposit in cash directly to your Bitcoin Store account. The amount you deposit will be visible immediately and ready for your next cryptocurrency purchase.

You can store Chainlink in your digital wallet. When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:

Cold Wallets include:

You can also store LINK on your own Bitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can:

On 2022-10-06 the current Chainlink price/exchange rate is 7.925 EUR.