Chainlink is the largest provider of decentralized oracles in the crypto industry. The technology is particularly in demand in the field of decentralized finance. Oracles are also used by large companies that are not related to the blockchain. LINK is a native Chainlink token. It is used mainly to pay for the work of node operators, on the basis of which oracles work.

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The Oracle Trilemma: When 2 to 3 Is Harder Than 0 to 1 | Ben Chan at...

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What is the oracle trilemma, and how does Chainlink's design balance its requirements?

Ben Chan, @ChainlinkLabs ' VP of Engineering, explains 📺👇

What is the oracle trilemma, and how does Chainlink's design balance its requirements.