Questions tagged [chainlink]

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Davide Davide Wed May 15 2024 | 7 answers 1291

Is Chainlink a layer 0?

Is Chainlink considered a layer 0 protocol? This question has been lingering in my mind as I delve deeper into the intricate world of cryptocurrencies and blockchain technology. Layer 0, as I understand, typically refers to the fundamental layer that underlies all blockchain networks, providing the necessary infrastructure for their operation. Chainlink, on the other hand, is known for its oracle services, facilitating the secure and reliable transmission of off-chain data onto blockchains. Its role seems more akin to a bridge connecting different blockchains and external data sources, rather than a fundamental building block of the blockchain ecosystem. Am I missing something here, or is Chainlink indeed not categorized as a layer 0 protocol?

Is Chainlink a layer 0?

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