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“There is not one entity or service that has been more helpful than the Chainlink Build program.” Christian Pusateri, CEO & Co-Founder of Mind Network, discusses the benefits of joining the Chainlink Build program and their work developing Fully Homomorphic Encryption (FHE) infrastructure to protect user data, powered by...

30,650 Aufrufe • vor 8 Monaten •via X (Twitter)

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One of Chainlink's core value props is that it is a neutral technology platform that does not compete with its customers Specifically, Chainlink is not a blockchain, and does not compete with blockchains Rather, Chainlink enhances the utility of all public/private chains by providing the oracle services their ecosystems need to succeed long-term This neutrality is why Chainlink has *thousands* of blockchain, Web3, and TradFi partners who rely on Chainlink for critical functionalities including: - Onchain data delivery - Cross-chain interoperability - Automated compliance - Privacy-preserving compute - Legacy system integration - Multi-system workflow orchestration As the cost and friction of launching a blockchain continues to drop toward zero, the number of public/private chains that exist will expand from hundreds today to thousands in the future If a cross-chain provider wants to pivot by launching their own blockchain and begin competing with Ethereum, Solana, Canton, and all of their existing blockchain partners, I wish them luck on that That’s not the game Chainlink is playing While blockchains fiercely compete amongst each other to become the transactional database layer, Chainlink wins regardless of which chains are used For Chainlink, every new blockchain introduced to the market is all the more justification for why organizations need Chainlink as their orchestration layer to manage the complexity That’s why financial market infrastructure providers like Swift, DTCC, Euroclear, and more have adopted Chainlink, they understand the financial system needs an orchestration layer To emphasize my point, here is a clip from DTCC executives explaining how the rapidly growing number of blockchains is why their partnership with Chainlink is so important

Zach Rynes | CLG

13,309 Aufrufe • vor 5 Monaten

Great infrastructure is what underpins the technological trends that consumers/users end up experiencing in their daily lives, it will be the same for Web3. Web2 applications like Uber are a great example of how infrastructure has shaped Web2. This breakthrough ridesharing application wouldn’t have initially been possible without the infrastructure provided by Twilio APIs to message users, Google Maps to see location data, and payments APIs to pay drivers. The same story is now unfolding for Web3 applications enabled to come into existence by Chainlink. When Chainlink launched, DeFi had less value than what one application in DeFi holds today. With access to secure and reliable price data via Chainlink, DeFi grew to over $200 billion in just a few years; There is a clear pattern between the launch of oracle networks and the growth of advanced applications on a blockchain: Developers can’t build truly “smart” contract applications without the oracle infrastructure that Chainlink provides. As the Chainlink platform has expanded, I’ve been excited by the sheer amount of advanced features that developers are now able to put into their smart contracts by using Chainlink. It’s clear to me that giving Web3 developers reliable and extensive infrastructure is the best way to unlock the next leap forward for our industry and for the creation of a cryptographic truth-powered society. API and cross-chain connectivity through oracle advancements such as Chainlink Functions and CCIP represent additional new building blocks for the next wave of Web3 apps. CCIP is also something we are actively working with the capital markets/banking industry on adopting for enabling their systems to efficiently interact with hundreds of blockchains via a single integration. When Chainlink enables all the world’s systems to efficiently connect to multiple chains through a single, cryptographically-secured interface is when we will all see a large acceleration in the value that flows into our industry and the widespread adoption which that leads to. Thank you to Jacquelyn Melinek for hosting me on TechCrunch’s Chain reaction podcast, where I explore these concepts in more depth:

Sergey Nazarov

316,490 Aufrufe • vor 3 Jahren