The Missing Link: How Chainlink’s Pallet Aims to Deliver Greater Informational Access

The Missing Link: How Chainlink’s Pallet Aims to Deliver Greater Informational Access


As demand for smart contracts climbs, Chainlink’s modular oracle for the Substrate framework aims to power developers and defi applications with trusted off-chain information and pricing data needed to attract projects to Polkadot and Kusama.

Blistering Growth in Defi and Smart Contracts Beckon New Layer of Trust

As the smart contract revolution continues to gain traction, the fissures and flaws in existing infrastructure that supports these transactional protocols are becoming more apparent. Among the chief issues facing smart contracts, costs and security are the main factors in the spotlight.

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To continue growing and scaling these unique protocols while not only addressing the accompanying shortcomings, smart contracts will effectively need to be “smarter.” Yet, given blockchains’ validation constraints, which are intended to preserve stability and security, there is a barrier to off-chain information by design.

Concerning smart contracts, satisfying contractual conditions may depend on external data (like pricing for instance), which may not be available on the corresponding blockchain hosting

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