/biz/ - Business & Finance



can someone explain why chainlink is so popular on 4chan only? is this board straight pajeet?

no one else in the crypto world talks about that useless coin

Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team.

>>9034425
VECHAIN FUD BTFO OP BTFO NO LINKERS ABSOLUTELY BTFO

This isn't providing an oracle platform like ChainLink, more just allowing an IoT to write to the VeChain for free because their transaction is sponsored by a company/entity who is running the contract that device is writing to.

By allowing this, you can provide Oracle functionality as any internet device could write to a contract and provide external data without holding any tokens, as long as it's sponsored.

Ultimately, you can't customise the data you want as a consumer. You'd only be able to use what is provided to you, rather in ChainLink where you can specify any URL/adaptor and the node will fetch the information as you require.

It's also not as trustless as ChainLink. For example, any device which is reporting to VeChain could malfunction/be manipulated into writing that wrong data as you'd only be requesting information from the one device/source. Whereas ChainLink supports requesting data on-demand and from multiple/any data sources which can have ranges set by the contract creator.

Like people have said, this is limited to the VeChain Blockchain. It's also worth noting that ChainLink can replicate the same functionality, but only currently on ETH. Great feature by the VeChain team though, it's something I'd like to see on ETH.

It's fucking over. Don't tell yourself otherwise. You are an actual brainlet if you don't understand the implications of VEN's announcement. Even if you ignore the fact that most businesses would just utilize VeChain's smart contract platform with its built-in oracle rendering your shittoken absolutely fucking useless, their announcement also implies the simple fact that literally EVERY SINGLE ONE IN THIS BOARD WHO HAS HIGHER THAN ROOM TEMP IQ. Any smart contract platforms can just have their own oracles. Blockchain agnosticism doesn't fucking matter because everyone would just shit out their own oracle network because IT'S THAT FUCKING EASY. Your "moonshot" isn't anything special, sorry LINKies. Get absolutely fucking fucked lmao. On that note, see how it's currently pumping? That's the whales propping the price up as they finally sell their positions on this gamble of a token. I'm sorry, the dream is over. Go fuck yourselves

daily reminder that anyone who is still holding LINK is a complete and utter brainlet HAHAHAHAHA YOU PEOPLE ARE SO FUCKING STUPID AHAHAHHA HOLY MOTHERFUCKING SHIT YOU ARE NEVER GOING TO MAKE IT. YOU WILL ALWAYS BE POOR
>muh chink scam
HAHAHHAHA YOUR SHITTOKEN IS, AND WILL BE, FOREVER STUCK IN THE 90-100 CMC RANGE. YOU WILL NEVER MAKE IT YOU PIECES OF SHIT