/biz/ - Business & Finance

>>18650194
So Coinbase releases a product in production TODAY that uses a direct competitor (Open Oracle) standard INSTEAD of using Chainlink.

They purposefully choose ANOTHER standard than Chainlink.

And in your mind, those 3 tweets means they prefer Chainlink? Why didn't they release their product using Chainlink then? How low is your IQ?

>>18650104
it literally does. learn to code, then maybe you'll get it

>>18648706
false. it makes chainlink obsolete. The data is signed, it doesn't need to be signed again by a Chainlink oracle/TEE. there's already 100% certainly that the data is genuine. signing it twice is a waste of time and money. No one will use Chainlink to "sign it again"

As for the "network" (medianizing multiple sources), this is literally what Open Oracle does, FOR FREE, WITHOUT LINK TOKENS, WITHOUT KYC. It's literally the Chainlink killer, and it was literally just adoption IN PRODUCTION by Coinbase.

This shouldn't be a surprise btw. Anons have been saying "token not needed" and "big companies will make their own" for years. They were correct (obviously). Now that there is demand (defi), companies are making their own, without a token.

The only reason they weren't before is cause there was no demand.