Chainlink is a decentralized blockchain oracle network (DON) built on Ethereum that facilitates smart contracts on blockchain platforms to securely connect with external data sources, APIs, and payment systems. A DON is a network maintained by a committee of Chainlink nodes. It supports any of an unlimited range of oracle functions chosen for deployment by the committee. A major benefit of DONs is their ability to bootstrap new blockchain services. A DON thus acts as a powerful abstraction layer, offering interfaces for smart contracts. Hybrid Smart contract - It is a...
source: https://tokenpost.com/Chainlink-Decentralized-Oracle-Network-11177
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