{"id":459196,"date":"2022-06-08T01:10:00","date_gmt":"2022-06-07T22:10:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-staking\/"},"modified":"2022-06-08T01:10:00","modified_gmt":"2022-06-07T22:10:00","slug":"link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-staking","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-staking\/","title":{"rendered":"# LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a393f6998642\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a393f6998642\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-staking\/#%E2%80%9D_LINK_marines_rejoice_after_Chainlink_20_brings_a_new_roadmap_and_staking_%E2%80%9C\" >&#8221; LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-staking\/#Staking_LINK_has_been_years_in_the_making\" >Staking LINK has been years in the making<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-staking\/#Greater_community_participation\" >Greater community participation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-staking\/#Proof_of_reserves\" >Proof of reserves<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_LINK_marines_rejoice_after_Chainlink_20_brings_a_new_roadmap_and_staking_%E2%80%9C\"><\/span>&#8221; LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-2a0745c6>Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action.<\/p>\n<p>The latest token to get a bump in its price after announcing the upcoming implementation of staking is Chainlink (LINK), the decentralized oracle network that provides important off-chain information needed for the proper functioning of smart contracts. <\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a> shows that since bouncing off a low of $6.67 on June 4, the price of LINK has increased 35% to hit a daily high of $9.00 on June 7. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-06\/fdde770f-595b-49d1-a50b-7e866a682ace.png\"><figcaption style=\"text-align: center;\"><em>LINK\/USDT 4-hour chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>Here\u2019s a look at what the new developments in the Chainlink ecosystem that could be backing today&#8217;s price rally.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Staking_LINK_has_been_years_in_the_making\"><\/span>Staking LINK has been years in the making<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The ability to stake LINK has been a sought-after capability for several years now because Chainlink has consistently been the largest oracle project in the entire cryptocurrency ecosystem. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Staking marks the start of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw\">#Chainlink<\/a> Economics 2.0, a new era for the long-term security and sustainability of oracle networks.<\/p>\n<p>In this update, we define the long-term goals, roadmap, and initial implementation of staking in the Chainlink Network.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/WJkoUzPA0i\">https:\/\/t.co\/WJkoUzPA0i<\/a><\/p>\n<p>\u2014 Chainlink (@chainlink) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/chainlink\/status\/1534233737642270721?ref_src=twsrc%5Etfw\">June 7, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the announcement released by Chainlink, the overarching goal of staking on the network \u201cis to give ecosystem participants, including node operators and community members, the ability to increase the security guarantees and user assurances of oracle services by backing them with staked LINK tokens.\u201d<\/p>\n<p>By staking LINK, the ability for nodes to receive jobs and earn fees on the Chainlink network will be enhanced while the ecosystem as a whole will benefit from an \u201cincrease in cryptoeconomic security and user assurances.\u201d <\/p>\n<p>Staking not only introduces an incentive to provide reliable data, but it allows for a penalty mechanism for underperforming nodes who fail to achieve the goal of consistently generating accurate oracle reports and delivering them to specific destinations in a timely manner. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Greater_community_participation\"><\/span>Greater community participation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Another benefit of introducing staking is that it will help encourage a larger amount of the Chainlink community to get directly involved with the network by staking LINK to support the performance of oracle networks. <\/p>\n<p>Getting more individuals involved with community monitoring directly helps to increase the decentralization of the Chainlink network and enables \u201ca robust reputation system and slashing mechanism.\u201d<\/p>\n<p>The addition of staking is also expected to increase network adoption over time as new sources of rewards and an increase in the amount of protocol fees that are generated from non-emission-based sources further attracts more participants. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Chainlink launches price feeds on Solana to provide data to DeFi developers<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Proof_of_reserves\"><\/span>Proof of reserves<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The new roadmap also introduces Chainlink Proof of Reserves (PoR). <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw\">#Chainlink<\/a> Proof of Reserve (PoR) enables <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&amp;ref_src=twsrc%5Etfw\">#DeFi<\/a> projects to verify off-chain and cross-chain asset reserves through automated audits based on cryptographic truth.<\/p>\n<p>Learn how PoR helps secure cross-chain assets, stablecoins, wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed tokens, and more <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/qZRj7oExsz\">https:\/\/t.co\/qZRj7oExsz<\/a><\/p>\n<p>\u2014 Chainlink (@chainlink) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/chainlink\/status\/1533858002972852224?ref_src=twsrc%5Etfw\">June 6, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With PoR, the cryptocurrency holdings of a company can be easily audited through an automated process that leverages the transparency of blockchains, smart contracts and oracles. <\/p>\n<p>This real-time auditing of collateral helps to ensure that user funds are protected from \u201cunforeseen fractional reserve practices and other fraudulent activity from off-chain custodians.\u201d In doing so, PoR helps to bring a higher degree of transparency to the crypto ecosystem as a whole and it addresses some of the biggest complaints about how the current financial system operates. <\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-staking\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking &#8220; Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action. The latest token to get a bump in its price&#8230;<\/p>\n","protected":false},"author":1,"featured_media":459197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvNjdjZTRhMzgtOGNmMi00NWIyLTk4NmYtODFkN2Y1OWQ3Mzc4LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,75167,74863,90126,74868,74891,75150,74876,72366,73785],"class_list":["post-459196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-chainlink","tag-cryptocurrencies","tag-data-exchange","tag-defi","tag-ethereum","tag-market-update","tag-proof-of-stake","tag-data","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/459196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=459196"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/459196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/459197"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=459196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=459196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=459196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}