/biz/ - Business & Finance

SmartCon commences and it's Sergey's time to come on stage. "And now we welcome Sergey Nazarov to talk about smart contracts beyond tokenization". A minute comes by and nothing happens. Eventually 10 men start slowing walking from the backstage holding an extremely bulky water tank, one would think be reserved for a large water animal. They place it on the ground and after few seconds the lights in the water tank turn on to reveal 2000 kg Sergey Nazarov, who appears to be levitating in the water tank. He is so large it seems that the surrounding fish have created a symbiotic ecosystem around his body and he cannot leave without dying. Rory quickly runs on stage and throws a big mac into the water tank while Sergey's body absorves the big mac and consumes it, still soaked in water and fish shit. Few minutes pass with absolute silence in the room until Sergey finally speaks couple words with an extremely slow, deep and tiring voice: "Hyperledger use chainlink, Microsoft use chainlink, Facebook use chainlink, ethereum use chainlink, staking now". Everyone in the room starts clapping, cheering and throwing shit at each other and chainlink immidiately skyrockets to $1,000,000 and achieves price singularity. /biz/ then goes on to make 50 additional chainlink threads per day, mostly filled with pictures of the first chainlink city on Mars and private islands of LINK owners, while all the nolinkies proceed to kill themselves at the same time. Sergey receives a noble prize for the most innovative invention of the past 1000 years, President Trump outlaws any other oracle providers beside ChainLink and within years the entire world economy is powered by LINK, which now keeps steady at $1,000,000,000 as the only usable cryptocurrency.

Is all of this real or is LINK just a /biz/ experiment gone too far?

>>15768368
>Do you eat there often?
>No?

HOLY FUCKING SHIT! LINKIES ON SUICIDE WATCH!
it's OVER! IOH NO NO NO NO NO
you don't need a useless decentralized network of nodes with dragonchain everything is done for you, you just call a few command lines.

OH NO NO NO NO NO NO LINKIES ON SUICIDE WATCH

https://dragonchain.com/blog/blockchain-oracles

I asked questions regarding the protocol, in the official discord and they don't seem to like what i'm asking, in fact they prefer to ignore my questions, but this is complete bullshit. sure chainlink is nice and all but I do in fact have a real concern that could literally mean that the network is not usable.

I don't give two shits about this being good FUD or not, i literally want answers, i'm not going to fall for a scam that easily.

here is what you should considere, basically chainlink allows purchasers to create smart contracts and whitelist the nodes they want to request to fufill their requests.
for example if a smart contract needs to know what temperature it is outside, he could choose 10 nodes and ask them what temperature it is. once the nodes answer, basically all answers will go into an aggregator,( go check part 2.1 of the whitepaper, it is said it's up to the purchaser to define his own aggregation rules.) and the aggregator will do for example an average of all results and decides for example that the average temperature is 15.8 degrees celcius, then comes the FUN part, the aggretaor then proceeds to strike all nodes that didn't answerr correctly and notify the reputation contract, the nodes that didn't answer correctly, wayy pay penalty and the purchaser (the requester) will retrieve those links, the node operator will basically pay a penalty to the requester.

HERE is my concern: What if a fucking asshole decides that he cannot accept a deviation of 0.01%.

now every fucking simple node operator will be fucked in the ass and lose all their staked links.

If it was me i'd setup a fucking smart contract that request weather and fucking do this to steal all the fucking links from all the node operators.

And how many soon-to-be suicides? This faggot will never allow us to make it. He fucking hates every single one of you with a smoldering passion. And the fatter he gets the more smug and punchable his stupid fucking face becomes. I would be ok with him dying in a car crash and watching my portfolio evaporate. At least then I can move on with my tormented life.

>>12769010