Chainlink Labs

I’m excited to share that PayPal is expanding our U.S. cryptocurrency service with the addition of two tokens with tremendous utility: Chainlink (LINK) and Solana (SOL). 🔵 Chainlink (LINK) connects real-world data to the blockchain, unlocking new possibilities for advanced smart contracts and decentralized finance solutions. 🔵 Solana (SOL) is famous for its lightning-fast transaction speeds. It supports a dynamic ecosystem for decentralized applications, making it a robust platform for various sectors, from finance to gaming. With the addition of LINK and SOL, you can now buy, hold, sell, and transfer these tokens securely within your PayPal and Venmo wallets.   More here: https://lnkd.in/gFN8kq8F

Just keep shipping.

Any data. Any computation. Any offchain system. Any number of blockchains. Combined into a single app using Chainlink.

The Offchain Reporting 3.0 (OCR3) whitepaper is now available, outlining novel research advancements powering the Chainlink Network. You can read the OCR3 whitepaper at https://lnkd.in/eJnsEAjh.  OCR3 is already powering Data Streams, as well as the upcoming Chainlink Runtime Environment (CRE) and CCIP v1.6. The Offchain Reporting (OCR) protocol is the backbone of the Chainlink standard. It’s how decentralized oracle networks (DONs) form consensus, allowing them to support highly secure and reliable services across data, compute, and interoperability. In OCR: • Oracle nodes make independent observations about the world • The DON reaches consensus from those observations • The aggregated outcome is reported to a destination (e.g., smart contract or external API) OCR has evolved over time, with v1 built specifically for Ethereum Data Feeds while v2 was generalized to support multiple chains and flexible data types. OCR3 introduced major scaling, performance, and programmability upgrades, all while maintaining Chainlink’s security and reliability OCR3 consists of four modular protocols: • Pacemaker—progresses DON between epochs • Outcome Generation—gathers & aggregates data into consensus outcomes • Report Attestation—produces signed, validated reports • Transmission—delivers reports to smart contracts or APIs OCR3’s modular design enables extreme flexibility, particularly through the use of plug-ins, which allow developers to customize how DONs operate, including the signature schemes, aggregation methods, delivery schedules, and data transformations. With OCR3, developers can define what data they want, if they want to transform it, and how and when they want to consume it. OCR3 abstracts away much of the technical complexity for users, such as P2P networking, cryptography, consensus, node selection, and more. OCR3’s performance upgrades paved the way for Chainlink Data Streams reaching sub-second latency—setting a new standard in oracle data delivery. Now, in its mature state, OCR3 made the Multistream upgrade possible—a new parallelized architecture for Data Streams that enables a single Multistream DON to serve 1000s of unique data points in parallel across chains. This means more and faster data, a much easier chain integration process, and enhanced programmability. But we are not stopping there. The next iteration of OCR is already underway: • Performance-based leader selection for faster consensus formation • Optimistic single-round commit path to reduce network trips for lower latency • Improved state-sync and data dissemination for increased throughput With unmatched scalability, programmability, and flexibility, OCR3 is setting the new standard for building customized oracle services and quickly scaling them across chains. It’s also enabling the future of Chainlink by underpinning the Chainlink Runtime Environment (CRE). Learn more about CRE: https://lnkd.in/gqD9QCZc.

BlackRock’s Larry Fink on tokenization: “Every stock, every bond, every fund—every asset—can be tokenized. If they are, it will revolutionize investing. Markets wouldn't need to close. Transactions that currently take days would clear in seconds. And billions of dollars currently immobilized by settlement delays could be reinvested immediately back into the economy, generating more growth.” In addition, Fink discussed the need for identity verification: "One day, I expect tokenized funds will become as familiar to investors as ETFs—provided we crack one critical problem: identity verification." Read the full 2025 letter to investors: https://lnkd.in/d9MtrRzn 

Chainlink SVR fees + Payment Abstraction = Universal Gas Token

We’re excited to announce Chainlink Payment Abstraction is officially live on mainnet, enabling user fees to be converted into LINK. Network fees generated from Chainlink SVR—including Aave's usage of SVR—will now be converted to LINK. https://lnkd.in/djKnMBdC Payment Abstraction is a cross-chain-enabled payment system that reduces payment friction in the Chainlink Network by allowing users to pay for Chainlink services with the assets they already have (e.g., gas tokens), which are automatically converted to LINK via Uniswap. Payment Abstraction has been connected to Chainlink SVR—a novel MEV recapture solution recently launched on mainnet, with Aave as the first user. As the largest DeFi lending protocol, Aave is introducing a new era in cryptoeconomics by using SVR to increase Aave protocol revenue while supporting the security and sustainability of the oracle infra that Aave has relied on for 5+ years & powers DeFi. Payment Abstraction ultimately reduces payment friction in the Chainlink Network, while maximizing the Chainlink Network’s cryptoeconomic security and sustainability by leveraging LINK as a singular Universal Gas Token for service payments and staking. We’re also excited to share that the first phase of the Chainlink Build claims mechanism is code-complete and expected to launch this year. This mechanism will make Build tokens claimable by Chainlink ecosystem participants, including Stakers. More info to come.

Bridges connect. Standards unify.

What is the future of the U.S. financial system? Sergey Nazarov explains how asset origination, automated compliance, and global distribution can position the U.S. as a leader in the transition to the Financial System 3.0 ↓ https://lnkd.in/dfSydnss

This is the moment when our industry can transition from being just about cryptocurrencies to also being about the next version of the financial system, reaching its long awaited full potential on a global scale. What we need now is for the world's largest governments to adopt our industry's approach to ownership, data and transactions as their preferred method for both their domestic economy and their preferred method to transact internationally. If our industry's technology provide's the value/improvements that I know it can, then we can be the ones defining the fairer, more transparent and globally connected future. What I am seeing from the United States government is very significant for getting us to the next stage. After meeting with multiple Senators and Congressman, as well as top leaders of US regulators and other senior government officials, I can clearly see that we are on the way to this next stage of our industry. This transition to a Web3 Financial system will greatly benefit the U.S. financial system, especially if it leads the way, as well as benefiting the entire global financial system. The overall approach that I think should be considered for the US financial system can be seen here: https://lnkd.in/ehF2Si6g (Slides: https://lnkd.in/eYN3pg9d )