HomeGuidesBox MiningChainlink $LINK Vs Band Protocol $BAND | ULTIMATE BATTLE!!!

Chainlink $LINK Vs Band Protocol $BAND | ULTIMATE BATTLE!!!

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Information from oracles is currently used in a massive range of applications, many of which fit squarely into the DeFi niche. The 2 of the most well known blockchain based oracle providers are Chainlink and Band Protocol. Both aim to provide high quality, tamperproof data to smart contracts by using oracles. After all, if the data isn’t reliable or accurate, it probably isn’t much of use to anyone.

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0:00 Introduction
0:45 What is an oracle?
2:13 Key differences between LINK & BAND
3:40 Band Protocol’s Tokenomics
4:44 Chainlink’s Tokenomics
5:40 Why is Chainlink more popular?
6:30 Market Cap Comparison
7:00 Conclusion

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I’m not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.

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15 COMMENTS

  1. You made a big mistake. Chainlink is platform agnostic, however, the link token used to pay for data is an ERC20 token.Also,while band protocol is running on cosmos,cosmos elected chainlink for their own data feeds!

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