Summary
This prediction ended on 09.12.24 with a price of €25.65. With a performance of 49.67% the BUY prediction by A123Jon4 was a big success. A123Jon4 has 50% into this predictionChainlink is a decentralized oracle network that connects smart contracts on blockchains like Ethereum with real-world data and events. Essentially, it is a way for blockchain to access external data in a secure and reliable way.
The main applications of Chainlink include:
1. Decentralized finance (DeFi): Chainlink is commonly used by DeFi protocols to obtain real-time price feeds for cryptocurrencies, stablecoins, and other assets.
2. Insurance: Insurance policies are executed on smart contracts, and Chainlink provides the necessary data to trigger payouts based on real-world events.
3. Gaming: Chainlink can be used in gaming to provide random numbers and other data that determines game outcomes.
4. Supply chain management: Chainlink can be used to verify the authenticity of products through data on the supply chain.
5. Decentralized autonomous organizations (DAOs): DAOs use Chainlink to retrieve data related to voting and governance decisions.
Overall, Chainlink's main application is in providing real-world data to blockchain systems and creating secure connections between them.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Chainlink | 3.528% | 3.528% | -52.858% |
| iShares Core DAX® | 0.869% | 3.389% | 22.351% |
| iShares Nasdaq 100 | -0.852% | -2.157% | 5.543% |
| iShares Nikkei 225® | 0.436% | 1.060% | 13.273% |
| iShares S&P 500 | -0.122% | -0.270% | 3.350% |
Comments by A123Jon4 for this prediction
In the thread Chainlink diskutieren