1/ In his recent Future of #Chainlink presentation, @SergeyNazarov explored how the Cross-Chain Interoperability Protocol (CCIP) will power cross-chain innovation & an entirely new category of smart contracts.
2/ CCIP will use Chainlink's highly secure OCR consensus mechanism, which already helps secure over $75B, and apply it to the problem of cross-chain communication.
This is not only about moving tokens across blockchains, but the communication of contracts between blockchains.
3/ The goal of CCIP is to move the ecosystem forward into a world of cross-chain smart contracts, the third major evolution of how smart contracts are defined.
1. One to multiple contracts on a chain 2. Contracts connected to external resources 3. Cross-chain smart contracts
Chainlink is unlocking advanced smart contract functionality across the #blockchain ecosystem by providing #dApps with secure off-chain data and computation services.
2021 was a year of massive growth for #Chainlink. Thank you to all the developers, node operators, data providers, community members, and contributors who helped make this past year a success.
1/ The Total Value Secured (TVS) of the Chainlink Network surpassed $75B, a 10x+ increase on the previous year.
Chainlink now supports 700+ oracle networks, with oracles feeding market data & other datasets on-chain, such as weather data, sports stats, Proof of Reserve, & more.
2/ The Chainlink ecosystem now consists of 1,000+ projects, with half of all integrations taking place in 2021.
Chainlinked applications secure the majority of TVL across #DeFi lending & derivatives markets, supported by oracle networks that bring critical market data on-chain.