What is Chainlink?
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About This Episode
In this episode of DevNTell, Narb welcomes guest Richard Gottleber, a developer advocate at Chainlink Labs. Gottleber explains the power and benefits of smart contracts, specifically looking at how Chainlink can help overcome the 'oracle problem'. The episode focuses on how decentralization can offer transparency and truth to agreements and how Chainlink specifically offers data feeds, VRF and keepers to support this. Gottleber even walks listeners through a live demo on building a smart contract using data feeds.
Key Takeaways
Smart contracts and cryptographic truth are moving from trust-based to truth-based systems.
Decentralized oracle networks like Chainlink can bring off-chain data on-chain in a deterministic fashion.
A hybrid smart contract is a smart contract that takes both on-chain and off-chain data into account.
Price feeds are some of the most popular data feeds and are ready-to-use out of the box.
Featured Guest
Richard Gottleber
Developer Advocate @ Chainlink Labs
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