/biz/ - Business & Finance

Good old Bart follows the RiskBlock VP

So you're telling me this project has confirmed ties to the banking cartel, the cream of the crop of global legal firms and institutions as well as some of the biggest tech companies in the blockchain space focused on the soon to be mass adopted enterprise level smart contracts such as consensys, IBM, Intel and Digital Asset and that the solution to the oracle problem which it is aiming to solve is essentially the God protocol as described by the creator of the smart contract concept, ie one of the main pillars of the fourth industrial revolution and the backbone of the future blockchain infrastructure (10% of global GDP in less than 10 years) that will allow massive automation of post trade processing, thus saving all the biggest markets such as derivatives and insurance possibly trillions in saving, AND its the only project of its kind due to its decentralized nature and has the first mover advantage, but despite all these confirmed facts it's being largely ignored by the crypto community, although it has gone up from 120 to 60 ranking in a bear market with no marketing just in a couple of months, simply because a dozens of dedicated autistic neets down vote every possible clue about it on reddit because they're the only ones who realized this revolutionary project would basically replace all the lawyers with neet nodes where 1 link needs to be worth at least 5k usd in order to be sufficient collateral for the quadrillion derivatives market? Do you realize how delusional and insane that sounds? Personally I'm all in.

What should I learn if I want to operate a link node? Been learning python (not just for node operating, it also helps my studies) but where is the direction from there after?

is chainlink the mark of the beast?

>>10829887
There is infinite collateral because the token price can simply rise to meet it.

>>10829899
Smart contract creators will demand a certain level of reputation or amount of collateral that suits the importance/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 amount of LINK nodes for something like a huge bond.

Sergey is actually targeting these high value contracts. Because they would require a decentralized oracle as it puts all the risk onto the node operators rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The chainlink network is fucking genius like that.

Ethereum sharding cannot function without oracle support. Link will be the backbone of the entire blockchain. This will be HUGE. HUGER THAN ANYONE CAN POSSIBLY IMAGINE

>>10821559
Can you post an image that's better quality please.

>>10569632
This is definitely an eyebrow raiser. Fucking great autistic detective work. I believe.

"Smartcontract.com acts like Oraclize by executing calls to public APIs and then pushing the data to an application oracle. In the present configuration, they could be another “contributor” and also a back-up in the case that Oraclize fails"

Adam Stradling (Advisor of Factom)
https://twitter.com/AdamStradling
http://www.linkedin.com/in/adamstradling …

and

Erik Voorhees ( CEO & Founder of http://shapeshift.io/ )
https://twitter.com/erikvoorhees
http://linkedin.com/in/erikvoorhees

have indicated in 4 patent applications

so Chainlink could also be used for these patents in the future.
http://www.freepatentsonline.com/y2018/0089758.html
http://www.freepatentsonline.com/y2018/0091316.html
http://www.freepatentsonline.com/y2018/0089761.html
http://www.freepatentsonline.com/y2018/0089760.html

https://cointelegraph.com/news/fx-settlement-provider-cls-begins-final-testing-for-blockchain-payment-banking-service

>SWIFT
>IBM
>node hosting???
>Goldman Sachs

>CLS is planning to offer its members two options to connect to the CLSNet service, providing a direct, as well as an intermediary, connection via the SWIFT financial messaging provider. However, a CLS spokesperson clarified that clients would rely on the SWIFT provider in the first stages, while direct node hosting will be offered as “the service continues to grow with functionality and client adoption, and the DLT [distributed ledger technology] matures.”

>CLS Group, originally Continuous Linked Settlement, is a U.S. FX settlement service supplier with such high-profile members as Goldman Sachs, JPMorgan, Barclays, and Citigroup. In late May, the company invested $5 million in blockchain consortium R3 in order to collaborate with leading blockchain experts.

>>9628954
>that fucking picture

>>9458451
>https://medium.com/@alekseyklintsevich/technical-overview-of-the-chainlink-testnet-implementation-c8a0b09276d1

Holy fuck this is everything

The smart contract bubble is just starting, friends. Ripple announcing Codius. IOTA announcing Qubic. Smart contract and oracle hype is growing steadily. Reddit will soon catch on that muh currency coins are retarded and will see smart contracts are where it's at. As usual, biz is slightly ahead here.

All you have to do is pick the projects that will benefit from this smart contract and oracle hype the best....

I'm all-in on LINK but unless they actually announce something sometime this fucking year, I am doubtful it will moon. Everything is falling into place for LINK in terms of smart contract and oracle hype, and real use cases with real companies that want to use smart contracts are just getting started. If LINK can just release mainnet, do some marketing, and partners are unveiled I'm sure we will be financially set for life, friends.

I'm sure there are other coins that are poised to moon with all of this going on... But none as technically sound as LINK.

Like Kek allowed a bunch of NEETs to pick the leader of the free world, so too will they become wealthy through his guidance and memes.