Why Chainlink is More Important than Most DeFi Protocols

Decentralized finance hinges on Chainlink (LINK). This oracle network shatters barriers between blockchain and real-world data, making smart contracts functional and reliable. But the LINK price seems undervalued; how can that be?

Blockchains need this service because they act as isolated networks; they cannot retrieve or send data to an off-chain solution. 

Here’s why LINK is the most important DeFi protocol. 

The Nitty Gritty of How Chainlink Works

Sergey Nazarov created Chainlink in 2014 and launched it in 2017. As a well-known cryptocurrency, it is listed on all of the popular crypto-trading platforms, including Kraken, Binance, Gemini, and