The Chainlink CCIP v1.5 upgrade just went live on mainnet. This upgrade will mostly focus on its new CCT standard, which will mostly be used to offer developers a wide array of new tools to integrate their token projects.

LINK is up by nearly 7% today, however, the altcoin has seen significant price corrections in the past month.

Chainlink Upgrades CCIP

Chainlink, an influential blockchain technology and infrastructure firm, has attracted considerable attention with its Cross-Chain Interoperability Protocol (CCIP).

For months, the company has tried to use CCIP to attract major clients, and it’s already seen success in gaining institutional investors. Now, a major new update has gone live on the mainnet.

“The Chainlink CCIP v1.5 upgrade is now live on mainnet for all developers. This release empowers devs to take their tokens cross-chain in a self-serve manner, deploy Cross-Chain Tokens (CCTs) across 20+ blockchains in minutes, & much more,” the firm claimed on social media.

According to a blog post from Chainlink, CCIP v1.5 is focused on scaling the number of tokens integrated and making the protocol easier for developers to use.

It introduces a Cross-Chain Token (CCT) Standard, with the intent of making it easier than ever to add new tokens onto CCIP. Several major networks have already integrated Chainlink, and CCT will improve these collaborations.

However, it’s currently unclear if this CCIP upgrade will Go to Source to See Full Article
Author: Landon Manning