/biz/ - Business & Finance

>>52730127
>Another great extension to the protocol is Chainlink automation. Chainlink automation is really extending the compute capabilities of the protocol and this is quite necessary because, I don’t know if you know this but smart contracts don’t have the ability to know what time it is, so automation is kind of a critical factor even though they’re called smart contracts, they do a lot of great things and they store state and they make that state transparent and they make that state private key controlled, that’s awesome, it’s super duper, super duper cool but the problem is they don’t do a lot of other computation that we need in order to build those more advanced applications, so this is why there’s a huge amount of users now using Chainlink automation to do certain basic things like tell the application what time it is, but also to do more advanced computations that the developer either can’t do or doesn’t want to do on-chain for cost or privacy reasons.