Chainlink releases new whitepaper in a shift toward smart contract computations

Cointelegraph

Published Apr 15, 2021 10:03AM ET

Updated Apr 15, 2021 11:40AM ET

Chainlink (LINK) has unveiled its new whitepaper on Thursday, which details a planned expansion and pivot into creating oracle networks for computation. The proposal would see Chainlink generalize its oracle network into a “meta layer” of Decentralized Oracle (NYSE:ORCL) Networks, or DONs.

The new architecture supports a larger selection of use cases, expanding its suite of services to off-chain computation of data. In Chainlink’s vision, these computational oracles would create a class of “hybrid smart contracts” where part of the logic could be offloaded to the oracles.

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