Chainlink is an Oracle protocol that can be used for trading binary options and is capable of price updates every
Chainlink is a decentralized oracle network that currently provides decentralization at both the oracle and data source level. By using multiple independent Chainlink nodes, the user can defend against one oracle being a single point of failure. Similarly, using multiple data sources for sourcing market prices, the user can defend against one data source being a single source of truth.

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