LINK is a cryptocurrency that powers the Chainlink protocol . The LINK Network is a fully decentralized Oracle network that provides smart contracts to enable the sending of payments from the contract to bank accounts and payment networks.
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Chainlink is a decentralized network of nodes that provide data and information from off-blockchain sources to on-blockchain smart contracts via oracles . This process, along with extra secure hardware, eliminates the reliability issues that might occur if using only a single centralized source.
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