/biz/ - Business & Finance

>>14161008
>>1 link pool = you can stake 200 linkies
>??????????
>What the fuck, I have 0,24 and 10k link.
>Scammed.
you should do further studying, you're leaving out important information
didn't most of you guys go to university? didn't you learn how to learn there and how to conduct your own research and study on any topic?
the mental midgetry and laziness is disappointing

So

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The Chainlink network is genius like that.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

Is 1000$ really possibly in say the next 3-4-5 years?

Link is a stinky and by stinky i mean moon cheese