chainlink 2.0 whitepaper | BTCC Knowledge

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What is the chainlink 2.0 whitepaper?

The Chainlink 2.0 whitepaper creates a framework for multiple interoperating Decentralized Oracle Networks (DONs), which each consist of a collection of nodes that can transfer data bidirectionally and perform decentralized off-chain computation using various consensus protocols.

What is a chainlink Oracle Network?

Chainlink oracle networks provide a number of main services across a multiplicity of blockchains and other decentralized systems today. Further evolution as described in this whitepaper will endow these existing services with additional capabilities and reach. Three examples are:

What are the requirements for chainlink PKI?

A ﬁnal requirement for the Chainlink PKI is securebootstrapping, i.e., securely publishing the root name for the Chainlink network, currently data.eth (analogously to hardwiring of top-level domains in browsers). In other words, how do Chainlink users determine that data.eth is indeed the top-level domain associated with the Chainlink project?

What is explicit staking in chainlink 2.0?

Ultimately, the goal of explicit staking in Chainlink 2.0 is to increase the cryptoeconomic security of DONs, giving users greater guarantees around the validity and timeliness of the external data and off-chain computations that their high-value hybrid smart contracts rely upon.

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