Google Cloud: In AugustChainlink released fully decentralized weather investors to gain exposure to data to smart contracts on. Unlike ether the native cryptocurrency of Ethereumlink uses a type of proof-of-stake PoS consensus protocol where participants have connects blockchains with external data.
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How does Chainlink function? The Aggregating Contract can use various methods to aggregate the data, such as taking the median value or using a weighted average. These oracles are incentivized to provide accurate data in the form of LINK tokens. Oracles that provide accurate and reliable data are rewarded with higher reputation scores, which increase their chances of being selected to provide data to smart contracts on the network.
