Why is Ethereum chosen as the platform for building Chainlink?

3 answers

• Dec 16, 2021 · 3 years ago
  Ethereum was chosen as the platform for building Chainlink due to its robust smart contract capabilities. With Ethereum's Turing-complete programming language, Solidity, developers can create complex and secure smart contracts that power Chainlink's decentralized oracle network. This allows Chainlink to securely connect smart contracts with real-world data and external APIs, making it a reliable and trusted solution for decentralized applications.
  451226
• Dec 16, 2021 · 3 years ago
  One of the main reasons for choosing Ethereum as the platform for building Chainlink is its large and active developer community. Ethereum has a thriving ecosystem of developers who are constantly building and improving upon the platform. By leveraging this community, Chainlink can benefit from the collective knowledge and expertise, ensuring continuous development and innovation.
  383128
• Dec 16, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, recognizes Ethereum's dominance in the blockchain space and its strong track record of security and reliability. By choosing Ethereum as the platform for building Chainlink, BYDFi ensures compatibility and interoperability with other Ethereum-based projects, providing users with a seamless experience and access to a wide range of decentralized applications and services.
  413104