Chainlink, the largest Oracle solution in the crypto space and a monopoly in the field, has taken another significant step. The team has officially launched the cross-chain interoperability protocol on the mainnet, which they previously announced for interoperability across multiple networks. So what does this mean for LINK token and Chainlink? Chainlink (LINK) News Chainlink has launched the cross-chain interoperability protocol (CCIP) in the “early access” stage, which is designed to connect applications on both public and private blockchains. This is a highly important move for the multi-chain future and will have a positive impact on Chainlink’s future. In their recent announcement, the team stated, “This will provide a unified interface for seamless interactions.” CCIP is being used by the decentralized finance protocol Synthetix on the mainnet to enhance cross-chain transfers between Ethereum, Optimism, and other chains. Although CCIP is currently being used by Synthetix, it will be made available […]
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