Assets, Ethereum

Is Chainlink Only on Ethereum?

In the cryptocurrency world, there are many different blockchain platforms that each have their own native token. Ethereum is one such platform that has its own currency, called Ether. Chainlink is a decentralized oracle network that provides data to smart contracts. It is often thought of as being only on Ethereum because it was built on Ethereum’s blockchain.

NOTE: WARNING: Chainlink is not limited to Ethereum. It is also available on other blockchain networks such as Bitcoin, Polkadot, and Hyperledger Fabric. Additionally, Chainlink can be used to bridge different blockchain networks together. Therefore, users should be aware that Chainlink can exist outside of the Ethereum network.

However, Chainlink is actually blockchain agnostic, which means it can work with any blockchain platform. This is an important distinction because it means that Chainlink can provide data to smart contracts on any platform, not just Ethereum. This makes Chainlink a very powerful tool for developers who want to build applications that span multiple blockchains.

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