Chainlink is an Oracle protocol that can be used for trading binary options. One that is capable of price updates every 400ms with Solana's architecture, with developers building DeFi assets and marketplaces using this platform.
Chainlink is a decentralized oracle network that currently provides decentralization at both the oracle and data source level. By using multiple independent Chainlink nodes, the user can protect against one oracle being a single point of failure. Similarly, using multiple data sources for sourcing market prices, the user can protect against one data source being a single source of truth.
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