Buy WINkLink

WINkLink is a blockchain oracle network that operates on the TRON blockchain. It solves a problem for smart contracts, which traditionally do not have direct access to external data. WINkLink bridges the gap between the blockchain and the external world, allowing smart contracts to use trusted external data.

WINkLink’s solution revolves around decentralizing the oracle process. Unlike centralized oracles, WINkLink provides a system that makes external data secure and reliable, without sacrificing the decentralized nature of blockchain. This makes WINkLink valuable for DeFi applications that require stable and reliable data.

Users and developers of the TRON network can benefit from WINkLink by using various products and features. WINkLink provides price information, reliable random numbers, and the ability to connect smart contracts to the outside world. The WIN token plays an important role in the ecosystem for transactions, rewards, and governance.

The team behind WINkLink

WINkLink was founded by N Yang, Aiden Lui and Jacky Li, who still play a key role in the team. The founders have experience at large companies such as Tencent, Weibo, Qunar, Baidu, JoyCrafter and Gameloft, as well as smaller startups. This experience has contributed to the development of WINkLink.

WINkLink has several features and applications:

• Reliable price information for DeFi: WINkLink provides price oracles that provide DeFi platforms with stable and reliable price data, which is essential for token swaps and lending.
• Data for dApps: WINkLink enables the integration of external data, such as weather forecasts and sports scores, into dApps. This gives dApps additional functionality and interaction.
• Random number generation: WINkLink's secure random number generator can generate secure and verifiable random numbers. This is crucial for fairness in blockchain games and lotteries.
• Staking: Users can contribute to the security and functionality of the WINkLink network by staking WIN tokens. As a reward, they receive WIN tokens.

WINkLink uses blockchain oracles as a connection between the blockchain and the outside world. These oracles make external data available to smart contracts on the blockchain. The process starts when a smart contract makes a request for specific information outside its own network. The oracle picks up this request, searches for the requested data in the outside world and delivers it back to the smart contract.

The information is then integrated into the blockchain and used to perform certain actions based on the new data. This is especially interesting for dApps, which can use this data to provide additional functionality. Developers are given the opportunity to create more complex dApps and users have more options.

WINkLink architecture

The Node Model plays a central role in the technical operation of WINkLink. This model consists of external data sources, WINkLink nodes and the TRON blockchain. This architecture ensures that data from outside the blockchain can be reliably and securely entered into smart contracts on the TRON blockchain.

• TRON blockchain: The TRON blockchain acts as the underlying infrastructure on which the WINkLink nodes run. TRON APIs are used to interact with the smart contracts.
• External data sources: These sources provide the data needed for the network to function and receive rewards in the form of WIN tokens.
• WINkLink nodes: The nodes perform tasks such as retrieving data, monitoring contract requests and sending processed data back to the blockchain. They are rewarded with WIN tokens for their contribution.

WINkLink Request Model

The WINkLink Request Model describes how requests for data are created and processed within the network. This process involves creating a request, collecting and processing data by nodes, and finally updating smart contracts with the new data.

Off-Chain Reporting (OCR)

OCR is an innovation that improves the efficiency and decentralization of data collection, also known as data aggregation, within the WINkLink network. By using a P2P network and a lightweight consensus mechanism, OCR reduces the required gas costs and improves the scalability of the network.

WIN is the token of WINkLink and plays an important role in the governance, security and functionality of the network. It is a TRC-20 token on the TRON blockchain and gives holders the right to vote on network decisions, allowing the community to contribute to the development of the platform.

Users can also stake their WIN tokens on the WINkLink platform to contribute to the security and stability of the network while earning rewards. There is a set maximum supply of 999 billion WIN tokens, which have not yet been fully released.

The process of WIN token staking involves token holders staking their tokens to participate in network governance and receive rewards in return. WINkLink staking can be done through the WINkLink platform or partner platforms that support staking.

By staking WIN, users contribute to the security and stability of the network, for which they receive WIN tokens as a reward. These tokens can come from transaction fees or specific staking pools. Both beginners and experienced users can stake WINkLink tokens.

WINkLink makes a valuable contribution to the TRON ecosystem and decentralized applications, with the following unique features:

• Decentralized oracle network: By providing a fully decentralized oracle network, WINkLink ensures secure and reliable data transfer between the external world and smart contracts.
• Integration with the TRON blockchain: It is the first comprehensive oracle network on the TRON blockchain, allowing the platform to benefit from TRON's high transaction speeds and low fees.
• Off-chain reporting (OCR): WINkLink's OCR technology enhances the scalability and decentralization of the network.
• Multiple products and services: From providing reliable price information to random number generation, WINkLink offers various products and services that greatly expand the possibilities of dApps.

Purchase WINkLink at Bitvavo, a platform for novice and experienced crypto traders alike. Follow the steps below to buy WIN coins via our website or app:

1. Log in to your Bitvavo account or register as a new user.
2. Choose the option "Deposit" to add money to your account.
3. Go to the WINkLink (WIN) purchase page.
4. Enter how many euros you want to invest or how many WINkLink coins you want to purchase and confirm your choice with "Buy".

The price of WIN tokens depends on the current market value. After you have purchased WIN tokens, they will be automatically added to your Bitvavo wallet. Selling is just as easy via Bitvavo, allowing you to quickly respond to changes in the WINkLink price.

At Bitvavo, the safety of your WIN tokens is guaranteed with the majority of funds are safely stored in cold wallets for maximum security. We also recommend activating two-factor authentication (2FA) for an extra layer of security.

For those who prefer personal storage, Bitvavo supports several software and hardware wallets that are compatible with WIN. After purchase, you can easily transfer your WINkLink tokens to an external wallet, as long as you have the correct address linked to your Bitvavo account.