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ChainlinkWhat is Chainlink?ChainLink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.

LINK is the digital asset token used to pay for services on the network.Smart contracts are pre-specified agreements on the blockchain that evaluate information and automatically execute when certain conditions are met.ChainLink is a decentralized network of nodes that provide data and information from off-blockchain sources to on-blockchain smart contracts via oracles.The Chainlink protocol registers this request as an ‘event’ and in turn creates a corresponding smart contract (Chainlink Service Level Agreement (SLA) Contract), also on the blockchain, to get this off-chain data.

The Chainlink SLA Contract generates three sub-contracts: a Chainlink Reputation Contract, a Chainlink Order-Matching Contract, and a Chainlink Aggregating Contract.Key elements of Chainlink include:1.

Oracle Selection — First, Chainlink users draft a service-level agreement (SLA) that specifies a set of desired data requirements.

The software then uses the SLA to match the user with oracles that can provide the data.

Once the parameters are set, the user submits the SLA and deposits their LINK cryptocurrency in an Order-Matching contract, which accepts bids from oracles.2.

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Koinbazar - India's most trusted cryptocurrency & bitcoin exchange platform with ultra-secure, professional, comfort and you can easily buy bitcoin, ethereum, and other cryptocurrencies.

To trade ETH to INR on koinbazar but, before that, you have to complete the below-mentioned steps as follows.How to register your account:The below-mentioned steps are to complete your account registration process,Step 1: Visit the Koinbazar website.Step 2: Select signup and enroll the details required.Step 3: Once you complete, click "Create Account".

An activation mail will send it to your registered Email-ID.Step 4: Open it and click the activation link.

And your account is successfully created.Steps to complete the KYC verification process:The below-mentioned steps are to complete your KYC verification process,Step 1: Sign in to your account and select Account ---> ProfileStep 2: Under the KYC section you need to complete the following prospects.i.

Choose your required ID proof.ii.

Upload your frontside and backside ID Proof.iii.

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