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Sergey Nazarov

Sergey Nazarov

Sergey Nazarov is a computer programmer and entrepreneur, best known as the co-founder of the blockchain platform Chainlink. He was born to Russian immigrants and spent his childhood in the United States. Nazarov attended New York University, where he studied philosophy and management and earned his bachelor's degree

Nazarov's journey into the crypto world began over a decade ago, around the same time the Bitcoin white paper was published. While some in the crypto community speculate that Nazarov could be the creator of Bitcoin, Satoshi Nakamoto, he is publicly known as the co-founder of Chainlink, a decentralized oracle network that connects smart contracts to real-world data and systems.

In 2014, Nazarov co-founded SmartContract.com, a platform that enables developers to create and execute smart contracts on the blockchain. In 2017, SmartContract.com launched the Chainlink network, which is a decentralized oracle network. Chainlink has become one of the most widely used oracle networks in the blockchain industry, with partnerships and integrations with many other blockchain projects and enterprises.

As of December 2021, Chainlink had over $75 billion in total value secured, thanks largely to the network's oracle service, which has expanded to include crypto-related data, as well as off-chain information, such as sports results and weather reports. The network has also crossed over 1,000 projects in development, many of which were inspired by Chainlink's various hackathons.

In 2021, Chainlink launched services on various networks, such as Avalanche, BNB Chain, Ethereum, and Polygon, and partnered with global enterprises like The Associated Press, AccuWeather, Amazon Web Services, and the Google Cloud Platform. Nazarov and his team introduced hybrid smart contracts, which combine on-chain and off-chain data provided by oracles, and Keepers, which are bots that automate DeFi-specific transactions.

In August 2021, Chainlink introduced the Cross-Chain Interoperability Protocol (CCIP), which is an open-source standard for cross-chain communication. The CCIP will facilitate connections between hundreds of blockchain networks and will serve as the foundation for the Chainlink Programmable Token Bridge. To support their inter-chain vision, Chainlink has brought on experienced advisors, such as former Google CEO Eric Schmidt, former LinkedIn CEO Jeff Weiner, and former Coinbase CTO Balaji Srinivasan.

News

Arbitrum's Highly-Anticipated Airdrop: The Wild Ride of ARB Token

Arbitrum's Highly-Anticipated Airdrop: The Wild Ride of ARB Token

Arbitrum's highly anticipated token airdrop has finally gone live, but not without causing a stir in the cryptocurrency market. The landing page for the project briefly crashed as the project opened the gates to its ARB token, along with Arbiscan, causing frustration for users. In the first 30 minutes following the opening of the claiming window, the blockchain explorer saw a record number of over 84,000 visitors

Bitcoin's Wild Ride: Highs and Lows as Fed Signals Tightening

Bitcoin's Wild Ride: Highs and Lows as Fed Signals Tightening

Bitcoin's surge earlier this week was short-lived as it dipped to slightly above $27,000 on Wednesday afternoon following the Federal Reserve's announcement of a quarter-point rate hike

HowTo

How to Mine Polkadot?

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Polkadot is a blockchain platform that was created by Gavin Wood, one of the co-founders of Ethereum, and launched in May 2020. The project uses a multi-chain architecture, where multiple parallel blockchains (known as "parachains") can operate simultaneously and communicate with each other

What is Cold Storage?

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In the world of cryptocurrency, security is of utmost importance. With the popularity of cryptocurrencies, hacks, and security breaches come along. Cold storage of digital assets has emerged as an increasingly popular option for those seeking increased protection. This article will examine the advantages and disadvantages of cold storage and show you how to select the optimal solution for your needs