Chainlink works to solve what it refers to as the “garbage in, garbage out” problem, meaning that a platform’s results are only as good as the data it takes in. Chainlink breaks this cycle by harnessing the security that usually siloes blockchain networks and applying it to oracle technology used to filter incoming data. In short, Chainlink connects the decentralized world to real-life data efficiently and safely.

Smart use of smart contracts

Smart Contracts provide the ability to execute highly secure and tamper-proof digital agreements. The inputs and outputs that any given contract relies on must be secure to maintain the overall reliability. As a result, developers are unable to connect smart contracts with key external resources like off-chain data and APIs because of the method used to reach the consensus. For smart contracts to reach their full potential, they require the use of multiple inputs to improve contractual performance and functionality. Smart contracts require multiple outputs to affect external systems and/or send payments and information needed to complete the smart contract, thus expanding their functionality and ability to compute complex transactions. Chainlink's network provides a reliable connection to external data that allows for both end-to-end security and the use of off-chain data.

How it works

Through Chainlink, smart contracts can connect to any external API or data sources they need to function while also allowing users to send payments from contracts to payment networks anywhere.

Chainlink is run by nodes, or specialized computers, who feed the network data. When data enters the platform, it splits into various contracts, kicking off a process that evaluates the authenticity of the data to make sure it’s trustworthy. Because nodes stake (hold) their assets on the platform, they are incentivized to make sure the data being input into the network has integrity. Otherwise, they could lose a portion of the assets that they have staked.

The network also stays true to its goal of reliability by allowing multiple links to evaluate the same data, eliminating any one point of failure while maintaining the security and trust of the smart contract being used.

1. Get the Voyager app: Download from the Apple App Store or Google Play Store, search Voyager or download now.

2. Open a Voyager trading account: Fill in your personal information to create a trading account. As a licensed financial institution, we're required to collect this information to protect our users, but know that your personal information is always safe with us.

3. Link your bank: Link your bank account by navigating to the User Icon on your Market Screen. On your account page, tap Bank Accounts and add your bank.

4. Fund your Voyager account: To deposit USD, go to your account page and tap Transfer Cash or Crypto tap Deposit to Voyager Account and select USD. Then enter the amount of USD you'd like to transfer and slide the Slide to Deposit USD banner. Now you can trade instantly.

5. Buy LINK: Navigate to the Market Screen scroll until you reach LINK and tap to access the Chainlink page, then tap Buy LINK. Insert the amount of USD you'd like to spend and slide the Slide to Buy LINK purple banner to complete your purchase.

Trading on the Voyager app is currently available to all U.S. residents excluding New York state. We are actively working with regulators to expand to New York and internationally in the future.

Voyager Cryptocurrency Risk Disclosure

All investments involve risk and the past performance of a digital asset or other financial product does not guarantee future results or returns. Cryptocurrencies are highly speculative in nature, involve a high degree of risk and can rapidly and significantly decrease in value. It is reasonably possible for the value of Cryptocurrencies to decrease to zero or near zero. While diversification may help spread risk, it does not assure a profit or protect against loss. Investors should consider their investment objectives and risks carefully before investing. Previous gains may not be representative of the experience of other customers and are not guarantees of future performance or success.