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The Bull Case for $LINK (Chainlink) | ChainLinkGod & Fishy Catfish
Bankless
Oracle's contribution to Cryptocurrency
3min Snip
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Cryptocurrency's potential future includes two paths: one with external data enabled by Oracles like Chainlink and another insular path. Blockchains can mint, move, and swap tokens natively, but for more complex financial applications or cross-chain solutions, Oracles are essential. Oracles enable institutions to access liquidity, facilitate cross-chain interoperability, and provide necessary data for asset tokenization. The ultimate vision is for blockchains to serve as the settlement layer for all assets worldwide, requiring Oracles for off-chain data, compute, and cross-chain connectivity to realize this grand vision beyond Bitcoin's limited use case.
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