Chainlink, a decentralized oracle service provider built on Ethereum, has revealed a new node software update to improve node performance.
The decentralized oracle service provider Chainlink (LINK) has declared that its most recent node software is now operational on the mainnet. The most recent update, known as node software version v2.0.0, is intended to improve the operational effectiveness of node operators inside its ecosystem, according to Chainlink.
Following the release of the new software version, the Oracle provider claims that its node operators will now find it simpler to configure their nodes in an effort to make it very simple to maintain.
The earliest and most widely used oracle service provider in the ecosystem of digital currencies is Chainlink. The part that the decentralized oracle service provider plays in the ecosystem of digital currencies is expanding every day.
The protocol gives developers access to current price information and other data from the mainstream IT industry through its technological stack. Total Value Enabled (TVE) of up to $7.76 trillion has been protected with Chainlink so far.
Chainlink is still the de facto provider in the Web3.0 ecosystem, and the fact that it can access many chains greatly complements it despite the fact that many oracle providers are now entering the industry.
In an effort to provide customers in the business with a far more specialized service, the decentralized oracle service provider is broadening its offerings of goods and services. As previously reported, the Oracle provider just unveiled a brand-new platform aimed towards Web2.0 developers.
These types of developers can now connect Web3.0 APIs with their native Web2.0 applications thanks to the new platform. Although Chainlink primarily benefits the larger crypto ecosystem, its goal is to act as a very useful link between the two.
One of its own methods for accomplishing this goal is the publication of universally applicable solutions. The Chainlink protocol has introduced a number of new goods and developments, and these have demonstrated a very positive undertone for its native cryptocurrency, LINK.
The price of LINK is trading at $7.13, up more than 2% over the previous day. In particular, the most recent upgrade demonstrates that the Chainlink protocol will be easier to use for node operators and, consequently, node users, generating favorable sentiment for the token.
