Cryptocurrency Q&A
Is Chainlink built on Polkadot?
Is Chainlink built on Polkadot?
CryptoLordess
Wed May 15 2024
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6 answers
1201
I'm curious about the relationship between Chainlink and Polkadot. Could you clarify if Chainlink is indeed built on the Polkadot platform? This question is important to me as I'm considering investing in both projects and want to ensure I have a clear understanding of their interconnections. If Chainlink isn't built on Polkadot, could you please explain the nature of their relationship, if any? This would greatly assist me in making informed decisions about my investment portfolio.
6 answers
amelia_harrison_architect
Fri May 17 2024
Chainlink, as a decentralized oracle network, plays a pivotal role in bridging the gap between off-chain and on-chain worlds. It facilitates the provision of reliable external data to smart contracts, enabling them to interact with real-world events and systems.
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Sara
Fri May 17 2024
On the other hand, Polkadot is a blockchain platform that aims to revolutionize the interoperability landscape. Its objective is to enable seamless communication and collaboration between multiple blockchains, fostering a more connected and interoperable ecosystem.
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SumoMight
Fri May 17 2024
Despite their shared focus on blockchain technology, Chainlink and Polkadot are not interchangeable. Each project addresses a specific aspect of the crypto world, catering to different needs and applications.
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ethan_lewis_journalist
Fri May 17 2024
Chainlink and Polkadot are blockchain projects that serve distinct purposes. Each one holds a unique position in the cryptocurrency and finance landscape, offering diverse functionalities to users.
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TaekwondoMasterStrength
Fri May 17 2024
BTCC, a UK-based cryptocurrency exchange, offers a diverse range of services in the crypto space. Its offerings include spot trading, futures trading, and wallet services, providing users with a one-stop-shop for their crypto needs.
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