Analysis of Chainlink

Link cryptocurrency


Can Chainlink Remain a Viable Smart Contract Solution?

I beleive in something at chainlink and it is a strong infrastructure and loyal development community. Some of the best innovations in crypto have really come out of chainlink labs, and de-fi especially, considering the founder Sergey Nazarov has done a fairly decent job of laying out his visions for crypto currency. He deserves credit as a pioneer in the industry, although many speculators have pointed out the internal development costs can negatively effect the price and has put him in the spotlight many times whether he enjoys or not is also up for speculation. Point being if crypto finance is going to ascend to new heights with decentralized finance, chainlink will always be a strong competitor.

A Provocative Community 

In 2019 seeing a parabolic rise in price that left many dedicated holders in a position to brag, so they did -- on internet forums social media and Facebook. At first what might have come off as humblebrag turned in to a lot of bad weather in the comment section of many communities and even at one point where others were trying to label the community as racist or homphobic because most of the users who had benefited from the original heights of the coin itself was, 4chan. However, things have changed.

With serious interest from the finance sector particularly with bankers and banking institutions has changed this project from a sort of garage band to crypto rock stars. So, with things moving at such a high speed, I think the development side has got their act together and are continuing to move forward with exciting progress with enterprise really seeing the advantages of using blockchain technology, and that is because of the team at chainlink.

Long Term Speculation

So actually, I think yes. Chainlink will always be a staple in the charts, it has a long history now and the dust has settled, it is a strong contender. Not only that, but when I think of the number of serious institutions interested in or using their infrastructure and are benefiting from the technology, for instance they developed a product for Microsoft that allows office users to implement smart contracts right into documents. This is pushing things forward in new ways for business and enterprise, and I am only looking forward to seeing what new ways smart contracts will be used -- and I'll be expecting Chainlink to continue growth in corporate and enterprise markets.