Empowering Smart Contracts: Chainlink Enables Decentralized Oracle Solutions

• Chainlink is a decentralized oracle based on Ethereum that connects non-blockchain systems to blockchain networks.
• The goal of Chainlink is to connect data stored on traditional mediums to the emerging blockchain ecosystem.
• The original Chainlink whitepaper was co-authored by Steve Ellis, Sergey Nazarov, and Cornell University Professor Ari Juels to provide an oracle that would provide outside connectivity to on-chain smart contracts.

Chainlink is a decentralized oracle platform based on Ethereum that enables the connection of non-blockchain systems to blockchain networks. The goal of Chainlink is to bridge the gap between traditional data storage methods and the rapidly expanding blockchain industry. The Chainlink platform was created in 2017 by Sergey Nazarov and Steve Ellis, who were aided by Cornell University Professor Ari Juels in producing the original Chainlink whitepaper (v1.0).

The whitepaper argued that while smart contracts have revolutionized the world, they are limited in their ability to access data from outside sources due to the consensus mechanisms employed by smart contracts. This means that smart contracts lack the capacity to retrieve data from key external resources, thus limiting their potential. The solution proposed in the whitepaper was the introduction of an oracle which could provide outside connectivity to on-chain smart contracts, allowing them to become more resilient and secure against attack.

Furthermore, the whitepaper noted the importance of having a decentralized oracle, as this would extend the tamperproof and independent characteristics of smart contracts to their connection with non-blockchain environments. The whitepaper also argued that smart contracts can only reliably replace digital agreements if they are made “externally aware”, and that Chainlink would provide this link between smart contracts and external data sources.

Since its creation, Chainlink has grown in popularity and is now used by a range of enterprises and organizations, including Google Cloud, Oracle, and SWIFT. The platform is seen as a key piece of technology in the world of blockchain and smart contracts, and is seen as necessary for these technologies to reach their full potential. As the use of blockchain technology and smart contracts continues to expand, Chainlink is poised to become one of the most important pieces of infrastructure in the industry.

Crypties Awards: Celebrating the Best of Crypto Gaming

• Decrypt Studios held the inaugural Crypties Awards in Miami on November 30, 2020, recognizing the best in crypto gaming.
• Katrina Wolfe accepted the Cryptie for Crypto Unicorns from presenter Avery Akkineni of Vayner3, with other nominees in the category being Stepn, Zed Run, and Blankos Block Party.
• On December 6, 2022, Decrypt Studios will be hosting onstage panels and interviews from conferences and summits.

Crypto gaming is an increasingly popular and rapidly growing sector of the digital entertainment industry, and on November 30th, 2020, Decrypt Studios held the inaugural Crypties Awards in Miami, Florida to recognize the best in the space. Emceed by Josh Ostrovsky („The Fat Jewish“), the awards ceremony was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

At the awards ceremony, Katrina Wolfe accepted the Cryptie for Crypto Unicorns from presenter Avery Akkineni of Vayner3. The other nominees in the same category were Stepn, Zed Run, and Blankos Block Party.

In addition to the awards ceremony, Decrypt Studios is also hosting live events in conjunction with the Crypties Awards. On December 6, 2022, the studio will be hosting onstage panels and interviews from conferences and summits, giving the audience an in-depth look at the world of crypto gaming. For example, on November 3, 2020, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined Decrypt’s Jason Nelson at 0xpo Summit in San Francisco for an extensive panel on raising venture money even during Crypto Winter.

The Crypties Awards is a fantastic opportunity to learn more about the world of crypto gaming, and Decrypt Studios is leading the way in providing in-depth coverage of the events in the space. With the awards ceremony and the various live events, the studio is helping to highlight the work of the top projects in the industry and is helping to promote the growth of crypto gaming around the world.

Raising Venture Money During Crypto Winter: Experts Weigh In

Bullet Points:
• Lisa Rubin, a blockchain attorney with Paul Hastings, discussed legal misconceptions the industry still holds at 0xpo Crossroads in San Francisco.
• The Crypties 2022 awards gala was held in December 2022 at Art Basel in Miami.
• Kathleen Breitman of Tezos, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction, and Alex Strzesniewski of AngelBlock discussed raising venture money in a bear market at 0xpo Summit in San Francisco.

On November 3, Lisa Rubin, a blockchain attorney with Paul Hastings, sat down with Decrypt’s Jason Nelson at 0xpo Crossroads in San Francisco to discuss legal misconceptions the industry still holds. Rubin discussed how the industry needs to be careful to understand the legal risks associated with launching a crypto company, as many of them don’t understand the full extent of the laws they must abide by in order to operate legally. Rubin emphasized the importance of seeking legal advice before launching any kind of crypto-related project.

In December 2022 at Art Basel in Miami, Decrypt Studios held the inaugural Crypties awards gala. With emcee Josh Ostrovsky („The Fat Jewish“) and presenters from a range of crypto projects, nine statuettes were awarded in categories such as Best ICO, Best DeFi Project, and Best NFT Project. The evening was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

Onstage at Web Summit in Lisbon, Tezos co-founder Kathleen Breitman discussed how the Tezos blockchain has used a proof-of-stake mechanism since its inception, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt’s Stephen Graves.

At 0xpo Summit in San Francisco on November 3, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined Decrypt’s Jason Nelson for an extensive panel on raising venture money even during Crypto Winter. They discussed how investors are still looking for good projects and opportunities, even when the market is bearish, and how founders should look at the long-term potential of their projects and strive to build something sustainable in the long run rather than focusing on short-term gains. They also discussed the importance of forming strong relationships with investors and being open to feedback.