/biz/ - Business & Finance

I'm a software developer with ~20 years of commercial experience. I never worked with any blockchain technology, but I do have a lot of experience, including some fintech projects. Let me tell you, I'm a huge believer in LINK and I'm convinced it's going to have a huge impact on the world. The token itself could EASILY be number 3 in the world ranked by market cap, but I wouldn't be surprised if it was worth more than ETH in the future. $1000 EOY was FUD.

That being said... I took some time yesterday analyzing LINK codebase on GitHub, as well as their public Pivotal Tracker (which they use for project management). In my opinion it's solid work, based on very sound principles, good quality code etc., seems like a company where I'd be happy to work. However, it's still very, very early, I'd say they have barely reached an MVP state. To see actual commercial adoption there are some major pieces missing, some of them have only barely reached a design phase and will require a lot of work to implement due to complexity of edge cases. I'd say the biggest missing piece are components of the "service agreement" functionality, especially penalties. Without penalties working and tested thoroughly, no meaningful smart contract will be implemented.

The dev team doesn't seem to be very large and they are doing a lot of chores, but little in terms of implementing actual features. So to be honest... I really believe in $1000 EOY, but definitely not this year, 2022 at the earliest.