/biz/ - Business & Finance

>>10068431

>>10068434
2

>>10068461
3

>>10068484
Last one, comfy af. Fudders have no power here.

>>10068431
Bumpskidoodle, its so crazy that threads with actual information die. Probably because fudders realize theres no way to trick new fags with this obvious information staring them in the face. Stay poor no linkers.

ive seen you linktards shit up the board since ICO. everybody knows this is a fucking meme at this point. GTFO with this trashcoin and sthilling this garbage thank you

>>10068625
they die because we force them to die, we don't want people to pick up bags that they're gonna drop when the price jumps two cents.

get this knowledge out of here, seriously, i want this sideways market and LINK fud to drill us into the ground so the 1000x feels more juicy

>>10068431
"And then likewise, ughh, we're also working with microsoft in their bletchley offering, specifically in this piece of their bletchley offering, ugh, something called cryptlets" - Sergey Nazarov, CEO of Smartcontract.com, Founder of ChainLink

>Tom Gosner retweeted someone who has "Link" in his account name hurrr durr
>Someone who worked at Tesla before made one commit in github. Tesla partnership confirmed!
>Sergey is Satoshi, just look up the date when smartcontract.com was signed up.

Grasping at every straw, when will Linklets finally admit that their "gem" was just a $32M cash grab, like 99% of all ICOs.

>>10068526
So fat fuck sergey couldn't get a .com domain name so instead he went for the .in domain...

Kind of pathetic...but sure "muh FUD" and stuff.

>>10068657
The funny thing is that off the top of my head, I can instantly verify that at LEAST the first and third claim are true. Stay poor.

Oh look, It’s another “dig through 2 year old documents to prove chainlink has partners because we have nothing else to give us hope” thread

>>10068667
You're genuinely retarded if you don't realize that the registration of the .in domain was to keep others from registering it. Stay poor.

>>10068675
Them being true doesn't mean anything though. That retweet from Gosner is not a partnership.
Thats what I meant with "grasping at straws" when in reality there is nothing to grasp at.

>>10068681
>Not realizing that the older the documents, the more history they have, thus proving that this project has been working for far longer than anyone has thought. Sergey was picked by Szabo to deliver Satoshi's vision. Stay poor.

Just like that SWIFT partnership that was going to be announced in the toilets at SIBOS Sept. 2017

>>10068698
Any relatively smart person can read between the lines with stuff like this, and the CEO of docusign retweeting a fucking insignificant link shill tweet means something. Stay poor.

$1000 EOY is FUD at this point. I would be extremely surprised if the price is less than $5K by 2019.

Delusion has set in.

>>10068707
I cant even imagine being so deluded to believe that a major banking collective wouldn't care if their logo was explicitly being used on a website they weren't partnered with in some way shape or fashion. You're a fucking retard, and you will stay poor.

>>10068707
I miss the toilet memes...

When link mainnet launches, all coins will be tied up in nodes. Exchange volume will dump even lower and link will be delisted.

>>10068736
What part of any of those screenshots is delusion.
>posting pictures of roasties and providing no counter argument except for spewing literal shit out of your mouth
You will be poor forever also.

>>10068768
“Also?” That implies your stinky linkies will keep you poor as well. KEK.

>>10068762
This is pajeet tier fud, back to your shit streets you go

>>10068753
this. They ran an ICO with those logos on their site and in every single one of Sergey's slide decks. That would be such a stupid fucking mistake, like unbelievably stupid. The odds of that being true is so unlikely considering Sergey's CV. Kek

Holy shit guys

Sirgay used a self serve kiosk at Mcdonalds for lunch today that ran on a windows OS.

MICROSOFT PARTNERSHIP CONFIRMED

>>10068798
kek
Make that 10 years ago and you have yourself some top tier link shill material

>>10068688
lol sure thing pal, why didn't he register more then? There's like 20 different domains out there.

>>10068795
People who FUD are either actual brainless humans or bag holders. Thats the only way this type of stuff makes sense. I cant wait till our day comes. I will shit post on biz for a week about how much money I have and how all the no linkers fudded, but in the end Im rich and they're poor. It will be glorious. Honestly half the reason I wanna make it is to shit post and laugh at how people fell into the "link is a meme" meme.

>>10068700
There was a theory back in the middle ages that the sun was the center of the universe and they're old as fuck. History != legitimacy.

>>10068526
smartcontract.com is a seperate business to LINK

>>10068843
Why isn't the owner of cryptlets.com publically exposed like all of microsofts other domains? Why was cryptlets.com purchased on the same exact date as cryptlets.in and cryptlet.in?

the level of cognitive dissonance.... you know deep in your hear that chainlink is the next great moon mission.

>>10068888
W8stful 8’s m8

>>10068888
setting up an oracle at smartcontract.com is literally just setting up a chainlink node. the entire backend is chainlink. nothing less, nothing more.

Can ChainLink become the next backend system that powers an industry like a blockchained type amazon?

>>10068888
doesn't mean that the technology isn't going to be there on the back-end behind the scenes, which is the whole game plan of LINK in the first place. it's not a matter of getting LINK to work with big business, it's still at the point of getting big business to recognize the necessity of what LINK is doing if these businesses want to legitimize cryptocurrency, which they 100% will in the coming years if the market manages to keep itself afloat

>>10068946
LINK is THE backend system for blockchain. without oracles, there's no interconnectivity of the nodes to be able to "speak" to each other and register transactions and record information on the blockchain between things like different sectors, industries, pairings, etc. as of right now, that's not the case, and it's partially the reason why crypto isn't going full mainstream, and all anyone focuses on in the mainstream is BTC, ETH, and LTC, occasionally some shitcoins

>>10068625
because Fudder were aware of this 6 months ago

chainlink's success is assured. why promote it? You win either way. Stop making threads and make money instead, and use that money to buy chainlink.

>>10068913
The same reason that the guy who owns his firstnamelastname.com wouldn't care about about someone buying firstnamelastname.health or something. Number one it doesn't really matter and number two, who the fuck is there to complain to anyway. You ever buy a domain name there bubs? I'm guessing you haven't because you'd know otherwise. But sure, keep screaming about cognitive dissonance and shit.

>>10068946
Link is designed to be middleware. It will drive the adoption of the 4th industrial revolution as mentioned by name in the book by the world economic forum.

>>10068888
They were working with Microsoft on Cryplets before there even was a "ChainLink". CL is simply the way to incentivize decentralized nodes. It wouldn't really work without a token.
If you think I'm making shit up go watch the 1hour 15min video of sergey back from early 2017 before chainlink ICO. The old CL cube came from the "SmartContract" / "SmartOracle" cube design.

>>10068980
That’s awesome. And it makes sense. Kaiser from RT yesterday called smart contracts (blockchain operations) as being the next big thing. Kaiser called BTC when it was at 3 dollars

https://youtu.be/TYwA0TYPaQ0

>>10068657
im comfy thanks :o)

>>10069033

>>10069057
oh wow 2600 followers what a big shot this guy must be lol

>>10069012
The guy with firstnamelastname.com doesnt care of someone else buys firstnamelastname.health because hes not a multi billion dollar corporation like Microsoft. Honestly its like you're trying to be retarded. Microsoft would want to secure domaines that could relate to their project because it keeps them safe from fucks like you from buying the domain that relates to a multi million dollar project.

>>10069065
doesn't know who Tom Gonser is, what a brainlet

>>10068657
>Tom Gonser Retweeted
>Retweeted
>***Retweeted***

>>10069089
You mean the founder of Docusign, the company worth roughly 3 billion dollars?

Its nice to be informed about a project to the extent where you can just debunk the stupidest fud. Fuck all you people who say link wont make it, you're genuinely a new breed of retarded. These hands are iron waiting for the singularity and no amount of "oooohhhh its going down in a bear market like every other fucking token, link must be shit" will shake the links from my iron grip.

To my brothers, I love you and wish you success

To non-believers, you will be forgotten and lost. After the singularity, we shall ascend to a higher vibration to pursue our dreams and passions, and you will be left waging at McDicks for the rest of your lives.

Cap this bitches, cant wait to see you on the other side

>>10069325
we all gon' make it

Holy shit, you linkies did it, I'm buying a fucking bag. There is so much fud around this project that it's always been hard to take it seriously despite the obvious importance of a decentralized oracle. Now I see the light.

Thank you.

I finally understand why you guys are so obsessed with this project.

Good job with all the research

>>10069380
Welcome to the cult, marine

>>10068924
This is not accurate. Although I hope that this will be the case soon

>>10069380
Honestly if LINK ends up blowing our wildest expectations away I still don't know if this is worth the stress of holding this token. Literally all I can do is research LINK, talk about LINk, fixate on LINK.

Even if this shit hits 100k I probably won't be able to bring myself to sell. What a horrible, horrible roller coaster ride this is.

>>10069380
You now understand. Welcome brother, the reason why I post this info is to give to people like you. Thank you for listening to reason, and I genuinely wish you the best in life. We will all make it. Save this info and give it to other anons who have yet to see the light.

>>10069424
You don't ever have to sell your main stack, just stake for massive passive income

>>10069451
This anon gets it

>>10069451
I know anon, but staking fees are paid in LINK and I'm not gonna sell that shit. I held down this far down and even bought more LINKIES. If it keeps crashing I'll keep buying more.

I'm totally convinced of this shit and more emotionally attached to you guys and sergey than my own wife. I'm going into debt and don't see the point of getting another job because I'm so assured that LINK will be bigger than the internet all I can do is save money and shitpost.

>>10068761
me too lmao
>It all started with linkies making fun of Ripple's conference because it was so small
>We were all so sure that Sirgay would be on stage in front of thousands at SIBOS
>Slowly we started to get more info
>Anons leaked blueprints and floor plans
>Sirgay would be presenting in a small room near the bathrooms
>Toilet memes start coming in
>They gradually get worse/funnier
>Eventually the board decides that the conference is held IN the bathroom with Sirgay standing inside a toilet
Good times

>>10069502
I enjoy this type of fud a lot more than the baseless "no partnerships hurr durr link is an exit scam" because it makes me laugh. Flinging your shit opinion that link will fail because Sergey eats lots of McDonalds is just fucking retarded.

>>10069444
Thank you so much, I can't believe this has been staring at me all that time and it took me this long to connect the dots.

But fuck you guys were serious, sergey is satoshi nakamoto? The joke. Or is it? Digging into it it's actually plausible, this is insane.

THIS IS INSANE.

No wonder you guys look like crazy people, once you connect the dot you feel like you realize the magnitude of this project

>>10069495
I hear ya, but you can set certain points on when to start selling like I do

My strategy is to stake it all and let it build up until it hits $500, then start selling %25 of returns from that point on. When it hits $1000, start selling 50-75% of returns. Then at $10k start selling all or almost all returns. I'll be buying into other investment for even more passive income, mostly low risk low returns, some medium-high risk stuff too.

>>10069594
I was in your same shoes until some anon posted some information that made me dig deep. I understand where you're coming from, and thats why I shill.

Im honestly not sure what do think about the domain registration thing, It makes sense but even I think I may be crazy at that point. Thats why I believe in this project though, everything fits together in some CRAZY coincidental way.

If you can find and invest in the next Google or Amazon before it takes off, you've made it, and I think that smart contracts connecting to real world data is the next step. The book "The 4th Industrial revolution" literally mentions chainlink by name, and is written by the world economic forum, whos logo is on the smartcontract.com site.

Do you want to believe anon?

>>10069594
see
>>10069033
This is from that book I just mentioned by the world economic forum

>>10069594
>once you connect the dot

you could say that you are LINKing the dots

>>10069410
yeah i might've remembered it wrong. Currently you can set up a town crier node. but yeah why wouldnt it be a part of the chainlink network once out
https://www.youtube.com/watch?v=Nu-g2nzO8fs

cheers

>>10069451
you probably should diversify into real estate, equites (im going for dividend paying mutual funds), bitcoin, ethereum, bonds (maybe),

>>10069680
Please stop, I'm at work wagecucking and all this info is making me implode

>>10069444
Fucking stupid moron. Instead of accumulating you shill it to normies. I'm gonna start posting nazi images to people connected to chainlink just because of people like you.
Brb gonna post proof later.

>>10069630
Genius strategy

so ya'll are telling me that if I invest 500 bucks into LINK right now, in a couple years that money will be 33 million dollars?

>>10069790
Buy as soon as you can boy, your comfy levels will increase 100x. Im glad you came to the light :)

>>10069793
>Not wanting biz bros to make it
You are human trash. We are here to make money and help each other. People like you are the reason why biz is shit, and also the reason why I shill. Since Im not a bag of shit, and since a nice biz bro gave me the info on link that prompted me to buy, I feel I should share it with other anons. I cant even imagine being such a piece of scum like yourself.

>>10068642
Seconded.

>>10069844
Biz bros are making it, who do you think is fudding hard fucking moron. Don't be dumb dude.
Either you dyor and see what's up with chainlink or fuck off.
If you are so desperate to shill and pump the price by normies you're pathetic.
How hard is to shut the fuck up and accumulate?
Go back to plebbit.
I'm gonna post disgusting shit to Gonser twitter. Posting proof later.

>>10068642
>>10069878
You will both be poor forever.

That cube is just clip art. Sergey also used this orange smart contract image in presentations (as does Microsoft on the Bletchley Github), and this too is clip art. It's obviously why he commissioned the chainlink cube, because they didn't want to continue using clip art as the symbol for a chainlink.

>>10069887
Im not trying to pump the price you fucking idiot I'm trying to help people on this board because thats how I was introduced to this project. Im doing this to give back, not to make reddit rich holy fuck.

Again, I can't imagine being such an insufferable cunt that I'd want to keep fellow biz browsers away from investing in the best crypto project in the space.

Im not on twitter or facebook talking about this shit, I'm on biz trying to provide real information about this project amidst the stupid and baseless fud that is constantly shitting up threads with valuable information.

You are sad.

>>10069914
That "clip art" cube was the original chainlink logo before they rebranded you fucking moron.

>>10069889
this is fucking crazy, $1000 of chainlink get's you a stack that could be worth 6-7 figures..... just buy it and filter LINK threads.

it's so irrational to even complain, unless you're FUDing hoping you can accumulate more

>>10069929
Sure, they were using it as that. Along with many others for different purposes, that's why Sergey had someone make the blue cube. Now microsoft is using it.

>>10068761
Pajeet please, you have always missed the toilet.

>>10068431
CAN YOU SCAMMERS STFU WITH YOUR SHITTY SCAM COIN DIGIBYTE 2.0 AKA CHAINLINK?

>>10069939
Its like cheating at life, I didn't think it would be this easy.
>>10069946
Microsoft will use chainlink in their Azure department of the Bletchley project, regardless of what logo goes on their presentation.

>>10069917
Shit's gonna leak by some impatient faggot that wants approval (karma) for discovering chainlink early on plebbit.
It's in your, mine, and everyones best interest to shut the fuck up and accumulate. How hard is it?

Everyone that wanted to buy in biz already bought, there are tens of threads about chainlink already.
Why you seek approval? Why can't you normies just be smart and accumulate?

>>10069594
well, think of it like this.

Someone is into crypto and they hear about /biz/. They already have their portfolio into things they believe are great tech, like NANO or Vechain. They visit the threads about those coins and see people talking about how crypto needs instant transactions, RFID technology to bring physical objects onto the blockchain and they seemed even more enamored with their investments.

Then they keep seeing this blue cube as they refresh their page. First they just ignore it. Eventually they keep seeing all these threads about this blue cube and finally they decide to see what the hype is about and they click on the thread and view it.

Its filled with people spamming ridiculous memes, no talk in sight about the technology aspect of the platform, and people just replying ridiculous things like "1k EOY check these digits."

Now, it would actually be very very dumb for someone to see that and not instantly think "Wow, these people are stupid." So its only logical for them to come up with the conclusion that LINK investors are a cult and the community is cancer. But what they missed was months and months before this stage where the technicals were talked about constantly, the ideas went through a social Darwinism, and people argued and eventually agreed about smart contracts needing a network of decentralized oracles in order to properly facilitate large scale transactions.

They are just viewing that stage where LINK investors are bored out of their minds, spamming stuff to pass the time, and FUDding for fun because they already went through the trouble of explaining everything about it. And to a person viewing just that aspect of it, we seem like absolutely crazy schizos.

>>10070000
>well, think of it like this.
>Someone is into crypto and they hear about /biz/. They already have their portfolio into things they believe are great tech, like NANO or Vechain. They visit the threads about those coins and see people talking about how crypto needs instant transactions, RFID technology to bring physical objects onto the blockchain and they seemed even more enamored with their investments.
>Then they keep seeing this blue cube as they refresh their page. First they just ignore it. Eventually they keep seeing all these threads about this blue cube and finally they decide to see what the hype is about and they click on the thread and view it.
>Its filled with people spamming ridiculous memes, no talk in sight about the technology aspect of the platform, and people just replying ridiculous things like "1k EOY check these digits."
>Now, it would actually be very very dumb for someone to see that and not instantly think "Wow, these people are stupid." So its only logical for them to come up with the conclusion that LINK investors are a cult and the community is cancer. But what they missed was months and months before this stage where the technicals were talked about constantly, the ideas went through a social Darwinism, and people argued and eventually agreed about smart contracts needing a network of decentralized oracles in order to properly facilitate large scale transactions.
>They are just viewing that stage where LINK investors are bored out of their minds, spamming stuff to pass the time, and FUDding for fun because they already went through the trouble of explaining everything about it. And to a person viewing just that aspect of it, we seem like absolutely crazy schizos.
fucking checked sir

>>10069992
Again, you are a sad man. There was an anon who bought link because of this thread, and thats why I made it, In hopes of shedding truth on this project to people who have been convinced of the lies. If you haven't accumulated already after knowing for it for this long, then thats your fault. Don't get pissy at me cause you don't have the capital to invest as much as you want.

This is all public information, and if people wanna research it then great, theres nothing you can do to keep me from shilling real and true information to this board.

Maybe its because I'm a good person, but Id like other biz bros to make it, because without this board I wouldn't be in Link. I guess the same cant be said about you.

>>10070000
Absolutely fucking based and checked.

>>10070030
Yeh sure

>>10070084
I already went through the shilling process kid. I bet I've convinced at least 30 people to buy during november.
Fuck off.

>>10070102
you're like jesus christ dude. literally trying to save people while being mocked and ridiculed at every turn.

the gate to destruction is wide and many take it. but the path to salvation is narrow and few travel it. only a few of us are gonna make it, but we're gonna make it brother

>>10070165
meant to link the op >>10068431

>>10068753
>I cant even imagine being so deluded to believe that a major banking collective wouldn't care if their logo was explicitly being used on a website they weren't partnered with in some way shape or fashion. You're a fucking retard, and you will stay poor.

Yet here it is on seeklogo.com who I suppose are also on their way to a 'partnership' with swift

and here it is on freelogozone.com who I suppose are also on their way to a 'partnership' with swift

But here it is on kisspng.com who I suppose are also on their way to a 'partnership' with swift

etc etc etc

Microsoft are already using jpmorgans quantum blockchain implemented on azure with Ernst and young.

People might give a shit about link if its community were not prajeet tier PnD swingtrade lying, bullshit ridden scamartists but they are. so link dies. They are prajeets, they may even be white americans or Russians but inside there is nothing but the mentality of a poo shreetshitter.


https://seeklogo.com/vector-logo/303615/swift

>>10070165
>you're like jesus christ dude.

Same Persian con man back again. Anyone who gets involved with this is retarded

>>10070165
being of middle eastern origins always meant that you would ultimately amount to nothing. You should just accept your fate.

let operation reduce link to .01 cent commence.

>>10070272
>>10070254
>>10070246
>>10070232
(You)

>>10070543
So why doesn’t Microsoft make their own decentralized oracles... is it because ChainLink is first to market with an actual intelligent coders and backers behind it?

>>10070570
Surely building a project from nothing must be more profitable than cooperating with someone who has been working on it for a while

>>10070570
>Why doesnt FB just make their own social media photo app like Instagram?
They can just buy out Smartcontract.com eventually.

>>10070570
you realize this applies to almost every industry right?
>what is outsourcing a project to a third party?

>>10068698
>friendship between Sergey and Gosner
>nothing

pick one

>>10070030
its like they are telling me i need to buy more than my 5k...

Who you might ask is they???
I do not qhuite know

>>10070716
>>10070733
>>10070741
Great point frens

>>10070165

>Chain, hyperledger, and corda are gaining a large market share of big time companies such as Microsoft. If you have a permissioned blockchain then you technically wouldn't need a decentralized oracle as your dlt solution isn't fully trustless to begin with. Unfortunately this is the cold hard truth and unless a company chooses a fully trustless public ledger like Ethereum, ChainLink isn't going to gain massive adoption like people hope.

Someone refute this

>>10070940
It's simple logic.

The utility of chainlink is so fucking simple that no company on earth would develop their own. The idea of a standardized central oracle is more appealing to every single company and financial institution simply because EVERYONE will be using it. There is no single project even close to doing what the Chainlink team has been working on for YEARS.

With the partnerships already announced (completely disregard the teenage fud of LOGOZ ON THE SITE MEAN NOTHING) interest and trust in this revolutionary technology is growing. Chainlink is one of the few companies that decided to use the blockchain as a utility off the bat. Now we see companies trying to pivot and include similar technology in their own blockchains but none of them can interface with any api, any blockchain, and any internal systems designed by the companies already announced. This is is the next moon mission simply because it's one of the few companies that wasn't trying to say "MY COIN WILL BE THE NEW DOLLAR" ala Dash, BCH, etc.

Buy your LINK now frens. This place is full of incredibly impatient people but this will reap rewards you never thought possible.

>>10070084
Hey man this shit is a little bit to far. I agree people need to just shut the fuck up and go to sleep for awhile but spamming salesforce CEO with nazi memes hurts everyone's image. In reality none of it matters though but still this type of shit makes no sense.
>I have 100k usd into link
>let me spam nazi memes at potentially the biggest company considering using the network because I'm bored.
Fuck you for that but I also agree people would shut the fuck up. In a perfect world people like you and them would shut the fuck up and I wouldn't have to say anything.

>>10071091
Top kek. Oh the irony that unites us cubes.

>>10071091
Autism creates the need for them to be super edgy on an anonymous image board.

>>10070940
A permissioned blockchain will likely be run by multiple entities — think, for example of a bunch of different large companies all participating in a distributed ledger tracking supply chain.

When they are getting data off chain (e.g. a weather report, or the official price of a commodity on a given day) they may not entirely trust each other and they will need an oracle they can trust. My hypothesis (although of course no one knows for sure) is that they will go use an established oracle, and that access to this oracle will be handled through chainlink.

>>10070570
The point of decentralized oracles is that they are independent and not controlled by any one entity.

Think of them like credit rating agencies. Why didn’t JP MOrgan and Goldman Sachs just create their own credit rating angency istead of using Stand & Poors or Moodys (who both turned out to be criminally fucking negligent and retarded btw but that’s another story). The answer is that they need to be INDEPENDENT in order to build trust.

In that example posted recently about microsoft setting up smart contracts to pay royalties to, e.g. composers who contribute music to video games, the idea is that the contract is INDEPENDENT of microsoft so that the composers (and other rights holders who are owed royalties) willl trust it.

Oracles need to be independent in order to build trust. No one entity can build them and control them if the goal is to build trust.

>>10068798
...Anonymous (ID: v1OdAImt)
06/28/18(Thu)15:16:49 No.10071297
>>10070924 #
Close but no cigar Anon. Here is the real deal. Szabo created smartcontracts.com domain in about 1999. In 2008, 6 days PRIOR to Satoshi announcing Bitcoin, Szabo re-registered the expired domain of Smartcontracts.com., which is an incredible coincidence. Fast forward to 2014 and Szabo apparently sells or transfers the domain of smartcontracts to Sergey. Also happens to coincide with the year Satoshi "poofed" and moved on to a diff project never to be heard from again. Not suggesting Sergey is Satoshi, although it is possible, and would somewhat explain how a dude in a flannel fricking shirt gets invited to be on a stage and speak with the likes of many of the biggest names in Crypto on a regular basis. It would also explain why Swift seeked him out several years ago to help them automate their processes. At the end of the day my opinion is Szabo and Hal Finney along with possibly others were or are Satoshi Nakamoto. However, I do believe that Szabo handed the effing keys to the future financial revolution to Sergey to finish the dream. If Sergey delivers, we are gonna be rich. Hodl on Marines.

>>10070030
Based.

>>10070940
Riddle Anon here. There's a good explanation of this in the Solidus protocol paper. Solidus is an interesting project in itself too. It is likely it uses Chainlink. Perfect usecase and it's also one of Ari Juels's prjocets. Look up for it. I hope you will make it, anons. Lots of love. Do you want to believe?

>>10071333
That is mind blowing. Absolutely I see it better now., it’s being able to pull data, from hundreds/thousands of various sources in a decentralized fashion so to guarantee reliability and execution with all parties involved. God protocol via many saints. ChainLink is like the future airport system. We guide and direct the flow of goods/people, getting them to their pre- arranged destinations, obligations, and only those parties involved know who they are meeting, what they will be exchanging and where they will be going.

>>10071501
http://www.initc3.org/files/solidus.pdf

>>10071367
Comfort levels through the roof

>>10069992

Every single smoking gun that exists for Chainlink has already been leaked to Reddit countless times and the threads don't go anywhere because /our guys/ on the ground downvote them to oblivion. The fact that you wouldn't encourage fellow bizraelis to share information ON BIZ, the very people you claim are the only ones deserving of LINK gains, says to me that you've become a pathological FUDer. I'm sick to death of this shit. This is the one place we can have a discussion about LINK where people understand the project and its implications, it's the one place you ostensibly want to see its users make it, yet you still FUD. Egregious.

>>10070000
This project is insane. If it's first to finish, then wouldn't it be the default Oracle provider for any project or platform without one currently? Maybe in the future all the platforms would make their own to be self reliant, but wouldn't link have first mover advantage? Isn't this the missing piece of the puzzle to get smart contracts into a usable state? To allow the existence of the God Protocol? To increase efficiency in practically every single business. And it's 17 cents.

If you search chainlink on YouTube you get a few reviews, a few Sergey talks, African kids screaming about link, fat kids screaming about link, a bog video and how to install a chainlink fence. This is never talked about anywhere else or if it is its dismissed as the /biz/ memecoin. It gets fudded to death by its own holders, It gets shilled by pajeets and it gets memed into insanity.

I'm all in link. I don't know if I can believe in this shit. I've always thought I'd be poor my whole life. Wagecucking till death. I can't picture myself gaining freedom like this.

>>10070940
You're actually correct in your assumptions.
(Except the lack of 'trust' you cited. The pernissioned chains are trusted--not trustless--which means that all members of the pernissioned ledgers are responsible for providing accurate data and transactions. Pernissioned chains are trusted, if for nothing else, based on legal obligations)

However; the pernissioned DLTs are 'blockchain agnostic'.

What this means is that they're designed to cooperate and coexist with the public (trustless) ledgers as well.
In order for the trustless and trusted chains to communicate, a trustless+pernissioned oracle is required.
Remember, LINk will support 'authenticated sources'.
In order to send/receive data to/from a pernissioned ledgers, you must have... Permission (you gotta be authenticated).

We gun make it

>>10071618
>This project is insane. If it's first to finish, then wouldn't it be the default Oracle provider for any project
no, it won't you fucking shill of a pajeet.

>>10071739
Who is there left to shill to? Everyone has either bought or is convinced its a scam coin. These threads are just for Link holders to circlejerk and reassure ourselves.

>>10070084
Thanks for proving my point that you are a sack of useless garbage.

>>10070165
Love is the only way to live. We will make it brother, that I'm sure of.

>>10071618
>This project is insane. If it's first to finish, then wouldn't it be the default Oracle provider for any project or platform without one currently?
Correct, you've already made it. You just need to wait.

>>10071501
I love you riddle and I know you love me too. Thank you. I will pass on the good deeds you've done for anons

>>10071956
Waiting for it to finish last?

>>10070232
Microsoft Azure uses link you fucking monkey

>>10072303

>>10071501
>>10071536
Just skimmed the paper, definitely feeling comfy as I can totally see how this would use link. Thanks for the info Riddle anon :)

>Solidus is designed to be agnostic to the implementation of the underlying ledger. While it does require a mutually-aware group of banks and transaction validation by the ledger maintainers, those maintainers can be a “permissioned” (fixed-entity) group, an “unpermissioned” (fully decentralized) ledger (a blockchain), or any other trustworthy append-only data structure. (page 5)

I've spent the last week going over fud after fud and I really can't find anything that can stick. Going to grab a bag and hold out the next few years and see where it goes. I can't really see this thing hitting 1k with this coins market cap, but 100 is definitely doable.

>>10072467
1K EOY fren

For real though, once most link are taken out of circulation to stake in nodes, the actual circulating supply will be much much lower than stated. Link for sale will be scarce.

>>10071367
On the bitcoin forum someone asked satoshi of an eth, smart contract concept (obviously not using the word eth or smart contract), and satoshi replied something along the lines, “yes it is possible, however I do not have the time for such an endeavor”

>>10071868
Mmm... I have another one. Should I post it or should you discover it on your own?
Hint. It's a nifty swifty tweet.

>>10071593
I want the weak hands shaken.
Floating chips will fuck up the momentum.
If you didn't dyor then you don't know if link is a meme or not.
The first time I discovered link I had to do a shit ton of research. If you don't dyor then fuck off.

Can someone explain to a brainlet why Link tokens are needed for all this smart contract connectiveness stuff? Couldn't companies just make their own insource tokens that do the same thing?

>>10071593
pnd shitcoin

>If it stays this low for 2 more days I'll finally have 10k link
Oh god please.

>>10072897
same reason ETH needs a token you absolute newfag

>>10072897
Sure they could. You should buy EOS. It's exactly what you're looking for.

>>10068461

>>10072823
Who hurt you so bad that you're like this anon?

>>10070000
well done anon. capped.

>>10072823
>>10072773
Nature is amazing. This creature can form sentences, while completely lacking the capacity to think. Incredible.

>>10071367
what age is Sergey?

>>10073047
Why can't you understand that this is for strong hands benefit?
Seriously, I was like you 7 months ago. Once you dyor you will understand.
You rely on biz for your daily dose of assurance that "you made the right decision", that "you only have to wait".
You want the group to tell you that everything's fine, you can't think critically and stand by your choices silently.
Deep research will make you stop shilling.
Do as you wish.

>>10068431
OP is actually good guy. Most of this info and screens was not posted for weeks or months.

I would write this as a tripfag, but I lost that password.

TeachingFren here, sharing positive vibes on biz is the way to go.

>>10073202
most important lesson for LINK holders

and some other shit I wrote.

Well played OP. Made me smile that someone is actually legit here, last couple of weeks I tried to stay off biz. This daneesh filled board is getting out of control.

Hope all of You guys make it.

>>10073115
Why can't you see that this benefits strong hands?
Why do you seek reassurance from the group?. You want them to tell you that "everything's fine", "you just have to wait".
Why can't you think critically for yourself and stand by your choices silently?
The information has been here for almost a year. Biz'bros that researched are already in, other people don't matter.
Deep research will make you stop shilling, but you haven't done that, you need someone to pet your head and tell you that you're gonna make it.
Whatever man, do as you wish.

>>10073149
Thats your problem dude. You seem to think that only strong hands deserve this, while in reality, anyone with the ability to send eth to binance and click their mouse a couple times deserves it as much as you do. I did my own research and looked into this for weeks before buying anything, and I continually look for info regarding the project. I come to biz to talk to like minded individuals, not to succle on some larper tit. Im trying to stimulate conversation, and I honestly don't get why you wouldnt want to talk to fellow investors regarding the thing that will make all of you rich. Seriously take a step back, we receive what we put out in the world. Love is the only way to live our lives. I shill because I want others to make it. I guess thats were we are different.

>>10073269
When it comes down to it, we both believe in the project. The way we live our lives as a result of that belief is different. I don't see them as wrong or right, just different. We have both done our research and have decided to invest, and if you want to stay quiet and keep to yourself thats fine, but posting tweets that intentionally make the project look bad is just poor conduct.

>Why can't you think critically for yourself and stand by your choices silently?
I do think critically, and the reason why im not silent about it is that I care about others and want them to make it because it doesn't effect my ability to make it in any way, its that simple. Im nice.

>>10073202
>>10073221
>>10073253

>>10073371
So how much linkies u hold? U going to stake a node?

>>10073371
>it doesn't effect my ability to make it in any way
It affects the ability to accumulate.
You must have less than 50k link. 99% sure of that.

>>10073388
Only have 13K sadly, If setting one up was easier maybe but at the moment no.

>>10073400
Correct, only 13K. Im all in at this point and Ill buy more in the future If I can, but i'm chilling. I know link is the future and anyone with a stack over 10K will never have to work again after mainstream adoption.

G. g... guys

https://www.ey.com/gl/en/newsroom/news-releases/news-ey-and-microsoft-launch-blockchain-solution-for-content-rights-and-royalties-management-for-media-and-entertainment-industry

>>10073320
Rebecca.

>>10073400
I don't think that people holding an insurance stack of 1K retiring them is possible, but realistically 10K is enough to live within the means that I want. Id like a small house where I can garden and make my artwork, kinda close to a mountain to snowboard. Im a simple man anon, greed is no good.

>>10073441
This dude gets it

>>10068526
>>He thinks we didn't noticed .in and .com

>>10071367
Where is there proof that szabo owned smartcontract.com in 1999?

>>10072645
The entire mystery around Satoshi, Nick Szabo, Smartcontract.com and now Sergey and even the Money Skeleton is the kind of shit that would make a great movie.

>>10069325
At this point, either way in 2-5 years there will be plenty of interesting discussion to be had here concerning LINK. Personally I'm not invested. We will see if I end up regretting it.

>>10073765
What are you invested in then anon?

>>10068431
Hm
I'll be on my pc soon to drop some FUD looks like you street shitters are back with hope and delusion

>>10073795
Nobody cares about your dirty methead ass.

I would drop a truth bomb that has never been posted. But you guys would start shilling right away.
You just can't keep your mouth shut.

>>10073932
>You just can't keep your mouth shut.
For sure astro

>>10070000
Witnessed.

>>10073965
I'm not astro you moron.
Actually I don't know what happened to him. He doesn't shitpost anymore.

> Is ChainLINK and /biz/ the same as Trump and /pol/?

Unironically, yes and I will tell you why.

The concept of memetics was originally introduced by Richard Dawkins in his book 'the selfish gene." Essentially, he posited that ideas and concepts are subject to the same mechanics as genetics in the way they "reproduce" and spread throughout culture. Memes are essentially just ideas and ideas have to go through a natural selection process that determines whether its ideas are fit for survival and propagation.

Consider 4chan as an environment in which ideas are naturally selected. 4chan's platform is a uniquely harsh environment where only the most fertile ideas are able to survive - posts only last 2hours tops, there's no upvote/downvote system or identity that can be tied to an idea's introduction. Also, it's important to consider that just like in genetics, the things that survive are not necessarily the best "logically" but for whatever interdeterminable reason they are the ones that experience reproductive success.

Take pepe for example - I mean what is it about pepe that we can't fucking drop? Consider the amount of reproductive memetic strength for pepe to get posted every day so so often. Any meme-like post on 4chan could be the next pepe but because posts disappear so fast the majority of them die. For whatever reason, the attributes of pepe make it especially powerful in terms of reproduction by way of the intagible qualities that allow him to completely enchant those who are exposed.

Now think about chainlink and how it seems to display those same qualities! Possibly even in a harsher environment (/biz/ competitive vs /pol/ already groupthink). It's worth investing in chainlink for this memetic quality ALONE.

Couple that with the strong fundamentals and it's a certainty that chainlink will be successful..

>>10073414
Old news anon, but nice digging

>>10074127
Sorry pajeet, but this memetic delusion came about from threads like these and Assblaster.
Thus, is a corrupted form of memetics....
It holds no merit, just think. Why has the starter, the king of the ChainLink threads never shown his face again months later (assblaster). No one is so busy that they can't pop their head in for 5 minutes of one day. There is absolutely a reason for this. 2 scenarios:
1 - He was truely deluded and excited about the project, but his predictions were off and didn't materialize. He thought the 'fundamentals' on paper would be enough to make this thing go parabolic, especially because we were in bull market and it was entirely possible.

2- He was a Larping pajeet, who was an ICO buyer. He decided in order to get the most profit out of his investment he would have to shill the best he could. In which he fed all the info needed to get mass delusion going and a pump of his bags.

Fuck it. If I get 10 replies I'll post my info. Otherwise i think people aren't that interested on it.

>>10074258
I'm very interested anon

>>10074258
give fren

>>10074258
GIVE IT TO ME STRAIGHT DAD

>>10070940
A permissioned blockchain would have all different businesses that need to form agreements with each other, these businesses don't necessarily trust each other. They're using a blockchain/dlt to aid form trust with agreed governance, transparency and privacy.

Think about this: if you've got a Hyperledger Fabric cluster which consists of some international shipping companies and the clients that use them, you don't want to rely on the data from a centralised oracle that the shipping company would be running.

So, you form an agreement saying when shipment X arrives to Y location, we will pay you Z amount of ETH based on the current market price. Two API calls have got to subsequently happen to facilitate that transaction:

- Call to see whether shipment X has arrived at Y location
- Current price of ETH in USD/GBP/EUR or whatever FIAT currency you're performing the transaction in

As the client, if you relied on a centralised oracle that the shipping company ran, then you'd be wary to whether they're actually providing the right data or lying for their own financial gain. In reality, they could take your money without the shipment actually arriving. If it was the other way round and the client provided data, they could say it's not arrived when it actually has been delivered.

With using decentralised oracles, you know that whatever is being reported is correct and you know that you'll never see any downtime causing issues in that contract. That idea is very, very important to the real adoption of these sorts of systems (permissioned and permissionless) globally.

This FUD is stale. Next.

>>10074258
im ready

>>10074258
interested

>>10074258
Obviously people are interested lol don't play the martyr or victim just drop info if you have it and move on stop the attention seeking bullshit pussy.

>>10074258
you Attention whore ;). This still counts as +1

>>10074258
this dude will pull out astro trip, and say some stupid shit. new browser, didnt filter that trip so gimme it and get over with it boy.

>>10074258
go on anon

>>10074258
I want your truth bomb, fren.

>>10074258
Haha you fell for it suckers

>>10074313
This anon has it right side up.

For many hundreds of years, merchants -- who don't entirely trust eah other -- have built systems of trust based on -- DECENTRALIZATION -- you have MULTIPLE sources for the important info.

This was the original innovation behind DOUBLE ENTRY book keeping -- you keep two separate set of accounts -- one for assets and one for debits -- and then you RECONCILE them. It's why, as a small business owner, you generally don't want to delegate your accounts payable and your accounts receivable to the same person.

Also, it's why merchants developed the concept of arbitration -- when they got into a dispute, they went to their FELLOW MERCHANTS, who were NOT involved in the specific transaction, but had a stake in maintaining trust in the MARKET -- to resolve the dispute.

>>10074258
In.. do it

>>10074497
>Haha you fell for it suckers

>>10074497
pathetic

>>10074497
wow glad i didn't give a (You)

>>10074528

>>10074378
>>10073965

you fags will never learn. Same words usage, same anticipation,same response. astro>>10074497
go pay for a girl to play video games with you.

>>10074313
>As the client, if you relied on a centralised oracle that the shipping company ran, then you'd be wary to whether they're actually providing the right data or lying for their own financial gain. In reality, they could take your money without the shipment actually arriving. If it was the other way round and the client provided data, they could say it's not arrived when it actually has been delivered.

Also, I don't know if this would ever actually work, but I could imagine a situation where, e.g. the arrival of the ship would be verified by a bunch of OTHER companies who are (1) trusted members of the consortium but (2) NOT involved in the specific transaction.

>>10074497
AHAHAHAHHAAHHAHAHAHAHA
ty lad
It is confirmed, Linkys are on suicide watch now. They had a glimpse of hope, from a random anon that appeared having some 'inside' info.
Yet again, their 2 braincells cannot spot the ruse.

>52 btc volume
amongst the lowest on binanace for a few weeks now with absolute pajeet shitcoins that no one has heard about.
>Duhhhhhrrr volume doesn't mean anything
Cope


DAILYYYYY reminder this coin is shilled by pajeets selling a dream and hope of 1000x gains

>Pajeet buys snake oil $1 for 1ml
>Pajeet offers to sell at amazing price $20 for 1 ml
>Pajeet says $1000 EOY for 1 ml of snake oil
Literally no different than Link shills

Daily reminder
Biz said link would be $10 after SIBOS. Assblaster said $3 by April. The whale larper said $1000 EOY (all in the archives)

The only person who predicts correctly is the oldfag who always posts that black Amex saying it will keep falling until 0 (so far he is more accurate)

I refuse to let more of my biz brothers be pulled into the crab bucket. Do not waste your money on a pipe dream. You have better odds else where, play your cards right.

>52 btc volume

And to finish you faggots off who thought i was a Larp when calling BTC dumps in Jan.
And who thought i was a Larp when i Fudded Link every single day starting in May.
>he could have sold at 45 cents
>>10074553
>>10074549
>>10074528
>>10074449
>>10074363

>>10074627
Everyone please notice there is no mention of project fundamentals.

Next.

>>10074497
Just kidding frens. You guys remember Jonathan Levi? The CEO of HACERA and release manager of hyperledger?
The community briefly discussed his involvement in chainlink, however because nothing linked him to the project besides Sergey following him in Twitter he was quickly dismissed.
Lemme get the caps to show you what's up, gimme a minute.
>10074543
>10074528
>10074568
Faggots apologize or I won't release the info. (I will release it anyways but if you don't apologize I won't reveal it right now).
Also do I post here or do I create a new thread?

Release it here anon. This thread is great.
>>10074672

>>10074656

>>10074672
you seem low iq and possibly a legit faggot. pass.

>>10074660
that is Exactly the point brainlet, I won't bother pasting the fundamental FUD. There is a reason i don't, you could look at any coin and flip the speculatory 'fundamentals' into a moonshot. Market doesn't work like that though, i bring you analogy and facts.

Burden of proof is on you guys. Don't just call this fake FUD I have passed history on my side. You have... imaginary moons.
Now anon pls tell me i am just making shit up and Fudding because this is so fun for me?
Cannot, will not, be refuted. Simple enough that even deluded brainlets can understand i hope:

Great strategy. Every past event did so much for this coin, every speculatory and real partnership. The massive announcement that was to be released in 2018 consensus. All the github codes being updated made this coin grow so much right?
kek
But let's just wait more, just hold longer. Because THIS time something will happen. You do know how you sound right? Req baggies ring a bell?

This is me telling you, confirming to you that mainnet will be a massive let down ahead of time. Once again no one will listen and i'll be reminding you once... if ever mainnet is released :^)

>>10074672
if you havent, go check out HACERA's logo.

>>10074728
>Burden of proof is on you guys.
lol no. we're measured by one thing, the success of our investments. we dont need to prove anything before time. how old are you, honestly?

>>10074672
go fk yourself as far as im concerned. greentexting post numbers,bitchass larping,useless info announcment astro looking ass son of a bitch. heres the apology you deserve tranny loving candyass twerp midget

>>10069089
>>10069234
if you guys give a shit so much about what Tom
Gonser has to say, would you invest your money in the same projects as him? because he did VC fund an ICO and it wasn't ChainLink.

>>10074728
Really reads like it was written by a third world pajeet.

>>10074744
HAHAHAHAHAHAHAHAHHAHA
>success of our investment
It's going great right? 1 year in crypto, absolutely no momentum in Bull market - and bleeding for ages now.
*breathes in*

>>10074772
its my fuckin money why do you care about us losing money fag

>>10074728
You're speaking in circles. I bought 125k from the ICO after posting the pre sale links all over biz and have left it since (to flip other coins on the side).

I am one of the original dudes who posted the first Sergey interviews mid summer last year.

I plan on holding this investment for 3-4 years, thank you for giving me yet another opportunity to screenshot such a long and thoughtout shit FUD post. I will gladly be hanging that ... and the rest of the drivel you post everyday above my shitter so I can stare at it and laugh while I take my morning dump staring over the ocean.

>>10074745
Sorry anons, this guy doesn't want to cooperate. It's his fault that I won't release the info.
I'll release the info this weekend, creating a name just for reference. Don't give a fuck about trips desu.
There's a very high chance that jostl has browsed biz.

>>10074772
>1 year in crypto
this is why i asked how old were you. expecting any investment to come in within a year is ridiculous. most people who made big money on btc have been holding for years.

>>10074763
I'm copy pasting segments of my note pad FUD you faggot, lmao. I don't even care to correct it, as long as you can grasp the idea.
But regardless.... this '3rd worldpajeet' can even pick better investments than you .kek

>>10074806
Pls do , years from now when it is delisted or trading at 4-5 cents you'll look back to my posts. And you'll see 'Bearfag' giving you clear as day warnings of a shit investment.
I'll be laughing at my self if this thing ever goes parabolic, i have no shame. You pussies act like i'll disappear like Assblaster, but i'll be here because i am confident in my calls.

Btw you do realize you are sitting 'comfy' with cope now right? You bought 125k ICO price and you didn't fucking flip it near the top? Not even half of it? YOU HELD IT DOWN TO ICO PRICE AGAIN? LOL
The absolute fucking state of hodl'ers. Wew

>>10074815
oh shit i wont sleep until weekend then,we are so blessed to have you on here. go suck a fat dick and go fk yourself with bed pole hoe ass nigga. going to sleep, bye larper

>>10074888
Yes. I also entered maxed out the ICON ICO and sold at the top. What's your point? Going to stop responding to someone trying to derail the thread. We're all in this together and I know deep down you own a fuck ton of LINK as well. Just hope you'd change your attitude so you'd stop polluting this board.

why is cryplets.com redirecting me to
https://qubechain.com

Any1 know what this is and if it is any way related?

>>10073532
The dates idiot. Look at the dates dipshit.

>>10074911
I won't post then, do your own research.

>>10074592
You'd have to rely on a trusted thrid party to provide the data and act as an oracle, which is still somewhat better than not using a smart contract but not much, because now you have to trust that guy to be completely independent. The trust problem that smart contracts are supposed to solve is still there, you've just replaced a trusted third party by another.
Decentralized oracles remove the need of a trusted third party and make smart contract really innovative, hence why Chainlink can become the corner stone of the future smart contract economy, and why autistic anons have been making memes about it for months. The last time such a breakthrough happened was with Ethereum.

>>10074924
sure you did
I have told you months ago, i'm not pulling a stupid useless FUD strategy to accumulate. Wtf
I have never, EVER owned more than 1k insurance stack. Because i have certain things i look for when buying crypto, 'fundamentals' are only a part of it. After so much shilling on this board, i decided to cautiously get a stack. I regretted that, and sold half of it at break even.
I now have 500 or so Linkies, but yes pajeet. Keep thinking i have an ulterior motive besides shitting on the deluded bag holders that never listen.
I'm out -

>>10075006
seriosuly, if you're too poor to buy 10,000 LINK today at these prices you shouldnt be on /biz talking with the big boys. i like what you did with AMB, but LINK is a totally different proposition. you;re gonna embarass yourself here kid. forewarned is to be forearmed...

>>10074942
Give me some breadcrumbs anon? I started this thread for actual discussion and Id love to search around for some info if you have a clue for me.

Sergey is literally that pajeet that hears a buzzword and instantly buys the domain for it to later sell for profit

DID SOMEONE SAY SMART CONTRACTS?
*registers smartcontract.com*
WHATS THAT? MICROSOFT SAID CRYPTLETS???
*tries to register cryptlets.com*
FUCK SOMEONE ALREADY REGISTERED, IM RUINED
*eats a big mac to ease the stress*
I KNOW! I GOT IT!
*registers a shitton of cryptlets.pajeet*

Also
>smartercontracts.com
Lmao at anyone that invests in this fucking scam artist

>>10075231
Go away pajeet

>>10075168
You called me sack of useless garbage.
I only share info with frens.

>>10075292
henlo fren me like yuo

>>10075292
I call it like it is. You were being a garbage can. I stand by that. If you gib info then I will officially change my mind about that, and maybe we can be frens now?

>>10075292
I guess my question is this, you bashed me for sharing info on here, and now you're offering to do the same thing.. How different really are we my guy?

I just don't see a future with smart contracts. Chainlink is going to be useless in 2020. Screencap this.

The truth is, with smart contracts, it is ALWAYS going to be vulnerable to a single point of failure.

How can you be 100% sure the data that is being sent to the contract is real?

Doesn't matter if the oracle problem is solved. With potentially billions of dollars at stake, bad actors can collaborate with each other at these points of failure and run off like bandits and there is ABSOLUTE NOTHING YOU CAN DO ABOUT IT.

>>10075292
Can't we all just get along and share information like we need to? Come on everyone!

>>10075500
>What is aggregated data from multiple sources across the world
>what is being able to define your parameters like reputation and data sources when using oracles to verify data
>The fact that private blockchain solutions will also be compatible with chainlink, so should a multi billion dollar deal go down and they want it on a secure chain, they can still use the decentralized oracle network to verify data.

Chainlink will succeed.

>>10075541
>>10075250
No fren

>>10068484
Comfy thread brother
The dates are huge

>>10075612
Just looking out for my frens :)

>>10075576
>What is aggregated data from multiple sources across the world
Data providers can collude with each other

>>what is being able to define your parameters like reputation and data sources when using oracles to verify data
That's an oracle problem. Something chainlink will solve.

>The fact that private blockchain solutions will also be compatible with chainlink, so should a multi billion dollar deal go down and they want it on a secure chain, they can still use the decentralized oracle network to verify data.
There is literally no need to use an oracle for this instance. The person sending the money can literally verify if the payment went thru. Literally no point in having an oracle. Especially when working with multi billion dollars

>>10075722
You don't understand the importance of a trustless system.

This has been the beast thread posted on biz in a very long time. The research provided and discussions had here tells me we will make it. Whether chain link succeeds or not we together will find the next thing frens. Wish every one here the best.

>>10075742
That's a problem chainlink is trying to solve by decentralizing nodes so that if one node is down, the integrity of the data feed is not compromised. The problem chainlink cannot solve is whether or not the data that is being fed into the contract is accurate or not, hence the single point of failure.

>>10075791
Hey thanks fren :) We will all make it with iron hands, see you on the other side brother.

>>10075797
>Multiple
>Trusted
>Data
>Providers

Link incentives honesty in using the network. Link will succeed boi.

>>10075845
>Multiple
>(((Trusted)))
>Data
>Providers
>You can trust me goy
Implying a data providing company won't have bad actors inside.

>>10075902
Again, link incentives truth on the network. When this becomes as big as it will, people will just be honest because they have way more to gain. Id imagine most node operators already have their stack they plan to stake. When the singularity hits, theres no reason they would try to coordinate a lie when they could continue to make bank off of doing absolutely jack shit. This is why Sergey is a genius.

Maybe its because I don't see how a coordinated attack on a network that pulls data from random nodes. Spoofing 51% of a global network just doesn't sound feasible to me my guy.

>>10076217
Chain link solution is indeed elegant solution and I'll withold further judgement until I see tokenomics. However, my issue with smart contracts something else entirely and you're not understanding my point.

In the example of home owner insurance, if there was a flood, a payment can be automatically issued to appropriate clients thru the use of decentralized oracles. Fine, I have no issue with that.
But how does the data that says "this house has been flooded with water" get into the contract accurately? Through the use of multiple sensors? Fine but who is going to manufacture those sensors? And can they be compromised wittingly or unwittingly? These are questions that chainlink cannot address and represents a fundamental problem with smart contracts as a whole.

This is what chainlink is not gonna be huge because of these limitations.

>>10075722
oracles are needed. period end of story

>>10075797
you can never solve this but if the company runs their own node, they will be penalized for failing.... also they can run multiple nodes themselves.

>>10076558
Put sgx on the sensors

Make them tamper proof

Fuck I don't know but if you make it hard enough to tamper with them then sensors will need nation states to fuck with them. Billy Bob who wants to scam the insurance company won't be able to do it.

>>10076606
That would create hyperinflation for link tokens.

Imagine if every data provider ran their node. The amount of link staking on a node is an insurance in the event that a false data is sent to the contract. They would be incentivised to send the correct data sure. But they get free link tokens by running their own node which is like creating money out of thin air.

>>10076558
>But how does the data that says "this house has been flooded with water" get into the contract accurately? Through the use of multiple sensors? Fine but who is going to manufacture those sensors? And can they be compromised wittingly or unwittingly?

Okay I see what you're saying. I guess my answer would be to apply supply chain technology. Distributed ledger tech allows for someone to view every step of the process of somethings production as stored on an immutable distributed ledger. With this tech we will be able to see exactly what goes into making every part of every sensor that detects flood water.

Another thing to consider is that there WILL be reputable nodes supplying data. This is new and exciting technology that will eventually get adapted like the internet, sure there are people who try and use the internet for malicious intent, and its the same with blockchain. The fact remains that the precautions built into this software for the sole purpose of defending against attacks is pretty extensive, and you'd have to work pretty hard to succeed in fooling the whole network.

Say some company edits the code in a rain sensor for the purpose of spoofing an insurance flood contract. You would have to spoof all the sensors involved in weather data. Is there rain in the area at all as recorded by other weather stations and what do other flood sensors that are made by different companies say. This is just a potential answer to your question, but I'm trying to drive home the point that attacking a network that is decentralized in every aspect will be difficult as fuck.

>>10076622
The process of making tamper proof sensor is an egineering problem (involves humans).
Tamper proof is possible because of blockchain (is automated).

>>10076681
>They would be incentivised to send the correct data sure. But they get free link tokens by running their own node which is like creating money out of thin air.
Thats why this is genius. It incentives truth, and truth is fucking valuable when it means you can cut out 15% of your business costs by automating your contracts. Its the next industrial revolution dude.

>>10076681
>That would create hyperinflation for link tokens.
The link received for providing correct data comes from the person paying to validate the data. Pretty simple desu.

>>10076558
>house gets reported as flooded by chainlink network
>payment is automatically released
>Insurance company calls bullshit and has human to come inspect it or something
>human makes final call
>company doesn't do this every time because it's too expensive to hire said third party agent for no reason

Dispute resolution is really not that hard

>>10076681
do you know what inflation is?

>>10069630
Solid post, I'm stealing this strategy

>>10073722
Starring Nicholas Cage

>>10069680
What the name of the book

I'm saving screenshots of link dots so I can rub it in my exes face when she tells me to stop buying shitcoins and the fact I bought shitcoins is another reason why she can't date me anymore

>>10077854
Mein Kampf.

>>10075006
Your insurance stack should be 10k

Link has 10x the supply of eth

If link is successful and pulls an eth, then that means $100/link

You gotta have 10k link, as that's the equivalent fraction of total supply as 1k eth

1k link is like 100 eth

100 eth ain't gonna make it as insurance unless eth goes fuckin 10k. That's like 50k for a btc

>>10077870
Already read that, what's the real name

>>10069630
you guys are so fucking ignorant and delusional.

you will be lucky if link ever sees $1 again.

>>10077926
If you've read all the info from this thread and you're not convinced I don't know what else you need

>>10077875
what is circulating supply