/biz/ - Business & Finance

Chainlink literally took me from 5% to 90% lmao

Chainlink owning DECO means that you either have to ask Chainlink permission (and pay them) to get TLS access or you have to develop your solution from the ground up.
It's kind of disgusting how Chainlink have a monopoly on all these core baseline features, it's like if Microsoft owned http and https as well as just windows, or if Apple owned the internet itself and charged you every time you opened any browser.
Personally I'm all in, we're going to be so fucking rich it's not funny.

Three Bucks.

I've got all my ducks in a row. Just need a little goodluck

It wasn't thrown out the window. TEEs have had numerous vulnerabilities shown so far, and using them as the core private computation layer when they have potential risks is not up to standard for high value contracts.
SC.com have said before that they're open to various TEE solutions, not just Intel SGX, and have made particular reference to open source TEEs, a number of which are under development. So if/when there is a watertight TEE solution it will be an important feature of the Chainlink network. But in the meantime being able to develop smart contracts with (partially) obfuscated inputs and outputs, and private oracle powered execution, is an amazing asset that takes the immediate pressure off the development of a perfect TEE approach.
But that's not even my take away as the most exciting part of mixicles. I'm more impressed that a third party can be sent the "terms, executions and payouts" of a mixicle without actually exposing the parties or the content of the smart contract. This sort of third party auditability is absolutely necessary for being able to show regulators which terms were agreed upon and executed.

But if you want the real "breadcrumb" from the mixicles paper I think it's at the end where they mention that ISDA is already in the process of framing guidelines about how derivatives smart contracts should be structured. Given their complete isolation as pioneers in this space, that would suggest to me that SC.com are literally conferring with ISDA about how to develop these products moving forwards. No great surprise given we were expecting some sort of derivatives settlement this year, but pretty fucking awesome nonetheless.

Green IDs forever, KEK laughs with us.

>>14061844
FPBP

Early memories were not getting involved in the pre-sale pools on /biz/ because I thought they were all going to get overloaded and not be distributed as a result (I was wrong).
Looking through the whitepaper that was the first peer reviewed whitepaper in crypto which was bullish as fuck, and co-authored by Ari Juels whose talk at IC3 in 2016 was my introduction to smart contracts, it all seemed extremely promising, as much of a sure thing as I'd ever seen.
Then two months of radio silence from October to December 2017 where we all basically got facefucked with a 85% loss in sats, but still just holding, reading CryptoTakeoff's weekly updates on /biz/ (which had very little information because there was simply nothing to go on) and waiting for something to change.
But the good thing about that absolute rekkage at the start of the project is that the first cut is really the deepest. After getting an 85% JUSTing every other dip has seemed pretty painless since then.
Early 2018 was when the argumentative superthreads came out and LINK really went through its baptism of fire. I remember seeing anons who were smarter and better informed than me getting in huge shill vs fud wars, and I soon realised the only way to actually figure out the truth was to figure it out myself. Watched every talk, read every piece of news that came out, went further into smart contracts in general.
The only way to become completely resilient to the FUD is to know more than the fudders. Getting justed as fuck helps resilience against market movements too.
How do I feel now? Amazing. Mainnet is out. They're now building on the actual functioning network. It's fucking awesome.

>>12279600
Imagine not checking this sexy green ID and dubs

>>12234798
>CUuRY
AHHAAHAHHA KEK HAS SPOKEN! NOLINKERS ARE DIRTY PAJEETS AND WILL NEVER MAKE IT

til the flippening.

ITT

Based af, anon, top tier digging. ilu

>>10827764
None of them

There are literally people on this board right now who will miss their chance with Chainlink because they will be swing trading, waiting for "one more dip". I honestly have no idea if I could survive knowing that I'd sold my LINK due to greed.

LINK digits are back on the menu

>>9236565
There is no such thing as link bags. They are link balloons. They lift us up.

>>9222222
Now that's a shitty get right there

I think I see what you're saying. LINK $1 quadrillion EOY. Check em.

135k here, feeling alright. $7 link gets me a million bucks, and it's hard to imagine ChainLink never getting to a $7 billion cap.