/biz/ - Business & Finance

>>16985684
>reddit spacing
>ignores all the other oracle services and the fact Vitalik prefers Augur
>thinks LINK is ETH
>thinks i own that outdated piece of shit bitcoin
reminder that LINK is NOTHING like ETH.

1. ETH had a testnet with thousands of users and finished mainnet 1 year after ICO, and only raised 16mil. Chainlink had a testnet and mainnet with ZERO users after 2 years and 32mil. It has gained ZERO adoption (the partnerships aren't using it). The level of developer adoption and excitement for ETH vs LINK is absolutely incomparable, LINK has none.

2. The Ethereum tech was actually innovative. It was the first successful attempt at a smart contract platform. It was decentralized and working one year after ICO. Chainlink only has centralized oracles (Sergey is lying about decentralization) which are not new or innovative. Their "innovative" solution to sybil resistant consensus is KYC.

3. The Ethereum foundation only had 1% of the Ethereum supply after ICO. The Chainlink team has 65%. Also when Ethereum was $1, it had a market cap of less than $100,000,000. It was actually a low market cap gem. Chainlink's real marketcap (if you count the 650,000,000 tokens in Sergey's wallet, ready to sell) is currently $2,000,000,000, which makes it an incredibly overpriced top 10 coin, not a low market cap gem like Ethereum was at the time.

4. Chainlink has already had mainstream exposure. It's made the front page of crypto subreddits countless times, was covered in forbes and every news outlet imaginable. Yet, even after all this attention, it has failed to get any developer adoption. It is fair to say that every single dev in the space knows about Chainlink, and decides not to use it. There are many projects running oracles in production, none of them choose to use Chainlink.

on a personal note, sorry guys but you chose the wrong horse. you even probably fudded a project that should have taken link's place. this is nobodys fault but your own and that walrus sirgay