/biz/ - Business & Finance

>>56241653
heres the big picture:
>blockchains are like computers (BTC, ETH, SOL, LTC)
>some more advanced than others, but they are limited to what is on them or can be manually added

in the 1970's federal institutions and colleges that had unused digital phone lines realized they could send 1's and 0's from computers across them to each other (T1's) instead of just digital voice.
>this introduced the ARPAnet (sergey mentioned)
as you can see in the pic, this is what the current blockchain industry is trying to do with bridges connecting campuses (chains). The problem is all these 1's and 0's were handled in different ways as this technology was being developed and there were no standards.

chainlink instead aimed to recreate the functions we actually use today in communications but for blockchain and work with IEEE to make them standards; and monetize them.
>CCIP = TCP/IP (also mentioned by sergey) and BGP (routing protocol of the internet)
>DECO = SSL
>ORACLES = HTML/API's

So here's how sergey described the CCIP integration at an application layer:
>took their existing internal banking software
>slapped a router on it (CCIP Integration)
>giving their private software side an internal RFC1918 IP address (is now banks private chain)
>the ability to leave their local network and traverse the internet (CCIP)
>to any other webserver they need to connect to (any chain that CCIP has integrated into)
>using a single interface (CCIP GUI integrated into legacy software)
>and using transport protocols TCP/UDP (LINK as gas fee)
>to move data (shitcoins lel)

I dont know if sergey actually knows what intents are or not, but it became apparent to him these guys cant comprehend what is actually happening because they live in a BTC/ETH bubble. Sergey is telling them directly that he is bringing billions of people into crypto and quadrillions of dollars and these faggots cant see past some random bullshit features on eth.