/biz/ - Business & Finance

>passively trustlessly receiving yield from defi farming
>no idea what it means it just sounds cool
>no idea where the money is coming from, just bought in crypto and did it because the memes were funny
>look it up
>I'm earning 50k a year from loaning interests
>without lifting a single finger
>I just clicked a few buttons
>now I'm a cosmopolitan parasite preying on debt
>I'm committing usury
>I'm a loanshark now
>I'm the jew now
wtfff am I going to hell?????????????

>passively trustlessly receiving yield from defi farming
>no idea what it means it just sounds cool
>no idea where the money is coming from, just bought in crypto and did it because the memes were funny
>look it up
>I'm earning 50k a year from loaning interests
>without lifting a single finger
>I just clicked a few buttons
>now I'm a cosmopolitan parasite preying on debt
>I'm committing usury
>I'm a loanshark now
>I'm a jew now
wtfff am I going to hell?????????????

>>15760574
Reminder that the eventual number of oracle requests is finite rather than infinite.

Most of the oracle calls will be for DEFI. Prices. Once you have dozens of oracles providing the top 100 crypto prices renewed every 30 seconds, that'll be 95% of the network activity. Weather, IoT, flights, that'll be very minor stuff. Thousands of nodes, that's a meme, 20 nodes or so will be the regular security approach. Once the network hits that plateau, there won't be any more potential for growth and it'll only be profitable for the 50 or so nodes with the top reputation.

If CLC solves such a vital issue, why hasn’t it been discussed by the chainlink team in the white paper, or in one of the hundreds of talks, medium articles etc.? Surely more people were aware of it before that one post on biz

Hey Damu, found this in a sharethread yesterday and thought you might enjoy it.
https://www.youtube.com/watch?v=ei7cdynwRMA

>>13121281

What's a database without data?