Chainlink successfully bridged smart contracts with real-world data, while Avalanche ensured speed and flexibility. However, BlockDAG introduces something unique: user engagement and effective interaction.
Chainlink: Bridging Smart Contracts with Real-World Data
Founded by Sergey Nazarov and Steve Ellis in 2017, Chainlink addressed the 'oracle problem' by securely connecting smart contracts with real-world data. The network officially launched in 2019, enabling decentralized oracles to feed external data into blockchain environments.
Avalanche: High-Performance Blockchain Platform
Developed by Ava Labs and launched in 2020, Avalanche offers a scalable platform for decentralized applications. It provides high throughput and rapid transaction finality, making it appealing for DeFi and enterprise solutions.
BlockDAG: World-Class Team
At the core of BlockDAG's success is a team with deep blockchain industry knowledge. Led by CEO Antony Turner, the company raised over $208 million in presale. Key team members include Brown University professor Maurice Herlihy and cryptographer Dr. Youssef Khaoulaj, responsible for the project's security.
Chainlink and Avalanche have become significant players in the crypto industry, but BlockDAG aims to change user engagement by offering innovative tools and a secure environment for working with cryptocurrencies.
