/biz/ - Business & Finance

>>56458756
>>56459544

Honestly, you gotta pick your poison. If you use a CEX, you are the mercy of the exchange closing your account or preventing withdrawals for any reason. They're incentivized not to to not stain their reputation, but the potential is there.

If you use a desktop wallet, you're trusting the software to not get exploited unlike what happened to Atomic Wallet which was doing fine for so long until they got hit with some random attack and stole a bunch of users' crypto. Then you have to consider hardware wallets but there are closed source products like ledger that end up recording your IP and transactions (unless you use Metamask to sign transactions apparently, not sure on this) and recently they revealed that their hardware is exploitable to extract the private keys out of thanks to the reveal of their seedphrase sharding service.

I used to be 100% "not your keys, not your crypto" and quite frankly, I'm still am but I understand why someone would skip the hassle and leave the management to an exchange. Some people can't handle that responsibility.


But do note you're also getting screwed out of qualifying for early access to Link's community staking pool and you'll have to fight with other dogs for the general access.

>>56430123
But you don't mind if I become write story about a cute samurai chick who travels across time to grotesquely murder every person who has stepped inside a government owned building?

>>56429855
>>56429871

There was an anon that noticed the v0.2 staking articles talked about moving 7K + 300 Link over so he theorized that when we hit 300 Link, the v0.2 migration would start.

But that also falls in November. Too lazy to check my staked wallet to be a little more precise.

>>56429896

At the moment it's free fucking money directly from Chainlink Labs' treasury. Yeah, the token supply is being inflated but you're a direct recipient of the that action.

In addition, you're entitled to the BUILD airdrops, the program Chainlink created to subsidize oracle costs for startups at the cost of 3-5% of their token supply when they create on. A portion of that cut will be distributed to Node operators AND the community staking pool. And there are some 50+ companies in the BUILD program. Even if half fumble and never make it to market, that's still 25 airdrops you're getting (dunno if we're each getting a flat cut or is it by token staked).

With v0.2 now letting you unstake and Chainlink's proven security, you're leaving money on the table not taking up on the team's generous opportunity.

>>56402803

Not much to talk about till we get a staking date. Then we can push more discussion to make sure /biz/ CLEARS THEIR SCHEDULE OUT so they don't miss out. We had too many ding dongs get complacent and end up not getting any wallets in any of the windows due to work or general complacency. Then there are some of us who were too hesitant to go for more than 1 or so wallet so some of us (myself included) need to start mentally preparing if we're going all in on staking (or at least 75% of our stack in).