The Most Recent Updates on Crypto and Blockchain Technology
Nov. 28: Chainlink, the biggest blockchain oracle project, announced that the “v0.2” upgrade of its native staking mechanism is now live. According to a press release: “V0.2 features an expanded pool size of 45 million LINK in total, representing 8% of the current circulating supply, increasing the accessibility of Chainlink Staking to a more diverse audience of LINK token holders. Staking is a core initiative of Chainlink Economics 2.0, which is bringing a new layer of cryptoeconomic security to the Chainlink Network. Specifically, Chainlink Staking enables ecosystem participants, such as node operators and community members, to back the performance of oracle services with staked LINK and earn rewards for helping secure the network.” There will be a nine-day Priority Migration period for existing v0.1 stakers, then progressively expanding to a broader scope of participants, with Early Access starting Dec. 7 and General Access on Dec. 11. (LINK)