Chainlink Unveils Software Upgrade to Boost Node Efficiency

    Chainlink (LINK), the decentralized oracle service provider has announced that its latest node software has gone live on the mainnet. Dubbed the node software version v2.0.0, Chainlink said the latest upgrade is tailored to enhance the operational efficiencies of node operators within its ecosystem.

    According to the oracle provider, following the new software version release, its node operators will now find it easier to configure their nodes in a bid to make it very easy to maintain. Chainlink is the first oracle service provider in the digital currency ecosystem and has grown to be the most adopted.

    The role Chainlink plays in the digital currency ecosystem is growing by the day. Through its technology stack, the protocol enables developers to gain access to real-time price data and general information from the mainstream tech world. Thus far, Chainlink has been used to secure as much as $7.76 trillion in Total Value Enabled (TVE).

    Despite the fact that there are numerous oracle providers now making their entrance into the Web3.0 ecosystem, Chainlink is still the de facto provider, and that fact that its reach extends to multiple chains largely complements it by a mile.

    Chainlink and Innovative Offerings

    Chainlink is diversifying its products and services in a bid to offer a much more tailored service to users in the industry. As reported earlier by Coingape, the oracle provider launched a brand new platform targeting Web2.0 developers. The new platform was designed to enable these categories of developers to connect Web3.0 APIs with their native Web2.0 applications.

    While Chainlink primarily serves the broader crypto ecosystem, its mission is to serve as a very functional bridge between both worlds. The release of solutions that can be used across the board is one of its own approaches to achieving this mission.

    The series of products and innovations being launched by the Chainlink protocol has showcased a very positive undertone for its native token, LINK. 

    At the time of writing, LINK is changing hands at $7.13, up by more than 2% over the past 24 hours. The latest upgrade in particular shows the Chainlink protocol will be more usable for node operators and by extension, node users, thus stirring positivity for the token.

    Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin

    The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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