/biz/ - Business & Finance

>>51395530
>>51395543
Even when the entire market was shitting the bed, Chainlink was literally the only oracle that didn't fail under the extreme stress.
Some nodes gave incorrect prices, some stopped working due to the exploding gas price, but the overall feeds were still up and running. Meanwhile literally all the other oracles failed.

>>24818585
>>24818554
>>24818635
>>24818308
The Chainlink oracles did not fail. At all.
Congestion exploded, so ETH was slow to relay the oracles' transactions.
That was literally it.
A bunch of Chainlink nodes went offline because the gas costs were above their limit, but a bunch of them remained online and paid out of their own pockets to keep things rolling.

Meanwhile Maker's oracles actually failed.

>>20406179
Nobody lost money due to Chainlink in the gas crisis.
That was MakerDAO.

A number of Chainlink nodes even kept feeding data, despite the monstrous gas costs.
The gas crisis was a massive success for Chainlink.

>>17774766
Yes.
A big part of the whole ordeal was the private oracles dishing out wildly incorrect ETH prices.

>>17766594
Chainlink would have unironically helped fix this.

>>17766147
This was able to happen partly because Makerdao's in-house oracle feed failed.