Chainlink LINK_ Top Altcoin To Buy in 2022 - Chainlink 2.0 Staking & Roadmap Analysis

Chainlink LINK: Top Altcoin To Buy in 2022 - Chainlink 2.0 Staking & Roadmap Analysis

00:00 - Introduction 00:50 - LINK Price Live Data 01:09 - Highlights of the year 04:10 - LINK Price Prediction 04:56 - My thoughts

Chainlink is the foundational infrastructure for the smart contract economy, supporting nearly a thousand oracle networks that collectively secure tens of billions of dollars across hundreds of projects. With Chainlink continually being integrated on more blockchains and supporting new categories of oracle services. I thought it would be a good idea to give you a chinlink update.

In this video we're gonna give you a handful of fundamental reasons to remain optimistic on Chainlink in 2022 and will also look at some price predictions for LINK tokens.

The live LINK price today is $6.41. The current CoinMarketCap ranking is #24 with a live market cap. more than $ 3 billion. Trading at 88% below its all time high which was recorded on May 10, 2021.

Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action.

Staking LINK has been years in the making

The ability to stake LINK has been a sought-after capability for several years now because Chainlink has consistently been the largest oracle project in the entire cryptocurrency ecosystem. the main goal of staking on the network “is to give ecosystem participants, including node operators and community members, the ability to increase the security guarantees and user assurances of oracle services by backing them with staked LINK tokens.” Staking LINK, offer the ability for nodes to receive jobs and earn fees on the Chainlink network will be enhanced while the ecosystem as a whole will benefit from an “increase in cryptoeconomic security and user assurances.”

Staking not only introduces an incentive to provide reliable data, but it allows for a penalty mechanism for underperforming nodes who fail to achieve the goal of consistently generating accurate oracle reports and delivering them to specific destinations in a timely manner.

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