NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Chainlink and DAPP Network: Opposing Projects with Aligned Aims

NewsBTC
NewsBTC
1 year ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On the face of it, there aren’t many obvious similarities between Chainlink and LiquidApps’ DAPP Network. The former is an oracle solution focused on enhancing the Ethereum network, while DAPP Network is primarily EOS-based, and is designed to address broader problems than mere oracles; scaling, resource allocation and dApp user onboarding are among its many features. Dig a little deeper, however, and one is struck by the similarities between the projects, not just in their approach to building, but in their vociferous communities that have elevated these once tiny projects into formidable cornerstones within their respective ecosystems.

While developers are focused on the operational improvements that Chainlink and DAPP Network can bring to decentralized applications, speculators are more interested in the native token that powers each ecosystem. LINK is up 153% for the year to date, and DAPP 57%. Could LiquidApps’ EOS scaling network emulate 2019 Chainlink, its supporters wonder, and record the sort of growth that transformed LINK into a $1.6 billion project?

DAPP Network and Chainlink: Blockchain Brothers from Another Mother

Chainlink is an oracle solution that enables smart contracts to be connected to real-world data, events, and payments. Its tamper-proof inputs enable blockchains to trust the data inputs they receive from external environments; stock prices; commodities market valuations; temperatures; times; sports scores and things like that.

LiquidApps’ DAPP Network also provides that capability through LiquidOracles, which are a fundamental part of the network’s service stack. DAPP Network does a lot more on top, however, such as LiquidScheduler for automating and scheduling tasks, and LiquidAccounts, a free key management and account creation tool that makes it easier for developers to onboard new users.

The two projects overlap, however, as LiquidApps conceded in a recent blog post, writing “LiquidOracles may be the way that first-generation solutions like those by Chainlink can upgrade their services, providing valuable features and flexibility to dApps already using those solutions. LiquidOracles implemented by the DAPP Network community could allow dApp developers to access trustless data feeds in a customizable fashion from within their smart contracts.”

In essence, LiquidApps could provide a means for Chainlink to broaden its reach, gaining a foothold in the lucrative EOS ecosystem through tapping into the DAPP Network’s established community. DAPP Network users, in turn, will gain exposure to the cryptosphere’s largest oracle solution, using secure middleware to connect them to real-world data. It’s a win-win situation for both parties, and one which LiquidApps seem keen to foster, noting that DAPP Network service providers “could integrate Chainlinks as part of their data feeds, and Chainlink could utilize the DAPP Network to gain some additional advantages.”

That may be so, but not everyone in the DAPP Network and Chainlink communities is convinced that such an alliance would be desirable; crypto tribalism is as old as cryptocurrencies themselves, and there are those who would rather see the two projects pursue separate paths. To follow such an isolationist stance would be a mistake though.

Linking Communities by Mixing Memes

While the DAPP Network’s architects are only interested in the network benefits of bringing Chainlink onboard, DAPP users and token holders have an additional incentive to see such an alliance go ahead. Even the most casual of crypto market observers can’t have failed to notice LINK’s dizzying ascent, which has seen the token rise by over 1,000% in the past 12 months. While much of the credit for this goes to the Chainlink team, which has forged partnership after partnership, and tirelessly shipped code, that’s not the full story.

The other reason behind LINK’s transformation into the most successful ERC20 token to date, after lurking in the low cap league for 18 months after its release, is on account of its community. Enter the Link Marines. Born in the trenches of 4chan’s /biz/ messageboard, ‘Linkies’ have memed the token and its shy CEO Sergey Nazarov into a viral sensation, flooding the cryptosphere with what can only be described as memetic warfare.

There is no indication that the DAPP Network’s community is about to embark upon a similar image macro spree. Nevertheless, there are lessons to be drawn from the Link Marine playbook. Cryptocurrency marketing doesn’t have to be humorless, nor does it have to come from the top down. There are additional commonalities between the DAPP Network of today and Chainlink of a year ago, with both projects delivering working products that provide clear utility, with token price the only lagging indicator of success. LINK is no longer /biz/ messageboard’s dirty little secret, and is on the verge of breaking into the top 10 crypto assets by market cap. DAPP Network token-holders, developers, and network users will be hoping DAPP records a similar trajectory, rewarding LiquidApps’ endeavors and the unflagging faith of its community.

Tweet123Share209ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Must Hold $106,000 And $98,000 To Avoid Breakdown

Bitcoin is currently holding just above the $108,000 level and bulls are maintaining momentum after a volatile start to July....

Scott Matherson 16 hours ago
Bitcoin

Bitcoin’s True Value Is Higher Than $110,000, Expert Warns

Bitcoin’s climb past $110,000 this week has reignited a fresh round of bullish calls. Prices hit $110,150 on July 3...

Christian Encila 18 hours ago
Bitcoin

Bitcoin Consolidation Continues: 2 Key Support Levels To Watch

Bitcoin (BTC) prices showed a sideways movement in the past day producing no significant changes. Following the recent rejection at...

Semilore Faleti 19 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Exchange Outflows Continue To Rise: Investor Confidence At An All-Time High?

Opeyemi Sule 12 hours ago
Bitcoin

Bitcoin Meets Heartbreak In Drake’s Latest Track—Details

Christian Encila 13 hours ago
Bitcoin

Are Bitcoin Retail Traders Back In The Market? On-Chain Data Suggests So

Opeyemi Sule 15 hours ago

Premium Sponsors

Press Releases

  • Make $8,000 a day in stable passive income easily –...

    12 hours ago
  • SunnyMining——A passive income tool that allows ordinary...

    13 hours ago
  • Cryptocurrency is the best way to get rich quickly, easily...

    1 day ago
  • XRP Cryptocurrency × Dogecoin Mining: HASHJ launches...

    1 day ago
  • Koja kriptovaluta ima veći potencijal za stvaranje milijunaša XRP ili Shiba Inu

    Koja kriptovaluta ima veći potencijal za stvaranje...

    2 days ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.