/biz/ - Business & Finance

*DUMPS*

>>49291806
>while also constantly being memed as token not required
That's also a very interesting and unique phenomenon.
Because there's such a fundamental difference between infrastructure layers and applications layers.
Infrastructure layers like chains require tokens for on-chain operations, payments to reward miners/node validators, etc.

Besides L1s, you saw every other crypto projects spin up their own tokens. Applications spun up tokens. For what purposes? Their decentralization is already executed by the underlying chain layer. Just a cashgrab funding model, most only amounting to the DAOs/governance meme. Useless.

Very important to understand: Chainlink isn't an application nor a blockchain, but a secondary infrastructure layer, part of the same stack as the blockchain but different altogether. Oracles have different consensus/validation mechanisms and in Chainlink's case would require their own equivalent of a Proof of Stake mechanism.

What's very unique to Chainlink, is because generating adoption and growing the security model for oracles is such a complex problem (the infamous "Oracle problem"), since it's not closed-off and deterministic like blockchains but rooted in the real-world -- oracles cannot jump from 0. Centralized to 1. Decentralized instantly unlike blockchains, but have to slowly progress from Trust minimization to Trustlessness, it's very much a slow process, chicken and egg problem -- Chainlink as a protocol rolls out in different phases. The initial phase was released without staking and therefore very limited tokenomics. Now that they've sufficiently bootstrapped adoption in a centralized manner, they are ready to implement staking and allow the protocol to grow more and more decentralized, with actually useful tokenomics.

It's extremely unique to Chainlink, because once again, it's neither a blockchain nor a dapp, unlike 99% of projects out there. There are no other projects that release tokenomics 3 years after mainnet.

This is my Made It song. What about you?

https://www.youtube.com/watch?v=MRyLC2M1K2w

Alright Linkies whos gonna take one for the team? We need one of you with lots of LINK to pay off a celebrity to shill it to normies. What do ya say? You can prob get a celeb shoutout for 100 LINK or less these days. just find a C-list celeb.

>>29012432
Based?

>There's a chainlink thread up on crystal cafe
Is this the absolute top or do some of you /biz/ browsing roasties frequent that place?

>>28209882
Few understand
I personally don't

>>27546145
Nick Szabo?
Also, SN=SN

>>27164454
SN=SN

>>26618584
>someone
That fat fuck

>>26026963
Few understand

There are 7.8 billion people in the world.

>5.13 LINK to be in the 1%
>51.3 LINK to be in the 0.1%
>513 LINK to be in the 0.001%
>5,130 LINK to be in the 0.0001%
>51,300 LINK to be in the 0.00001%
>513,000 LINK to be in the 0.000001%

Few understand

>>25932779
Few understand

Bitcoin is obviously going to 100k in the coming years
BTC will most probably be overtaken by another coin, which will be in the hundreds of thousands as a a consequence
Some schizo fuel https://www.youtube.com/watch?v=PdSLTMlLx8s

>>25445638
There's only one rational choice anon

>>23485444
Few understand this

>>22295261
>kek, I honestly want to know: If anyone who bought in under $10 is an "OG," who the fuck is new?
What you don't understand is that buying LINK now is like buying Chainlink at 20c

Buying LINK now is like buying Chainlink at $0.20

Buying LINK now is like buying Chainlink at 20c

>>21829102
What if we told you BTC has done its job

>>21829102
Do you really think so?

>>21361395
Is this what happened to ETH?

>>21361448
>Hoping for BTC price one day
This is inevitable, pic related

Buying LINK now is like buying Chainlink at 20c