/biz/ - Business & Finance

>>11046177
Smart Contracts are a type of digital agreement that automatically executes whenever certain pre-determined conditions are met, this allows to make cheaper, more secure and reliable digital agreements without needing to trust a third party
The problem is that Smart Contracts cannot communicate with off-chain data (interest rates, FIAT values, the time, et cetera)
This makes something as revolutionary as Smart Contracts limited to exchanging ERC-20 tokens mostly, and certain Dapps like cryptokitties (on-chain data; example: X amount of ETH = Y amount of ERC-20 tokens/kitties)
To make more appealing Smart Contracts you need something called an "oracle" that is basically a middle man that connects off-chain data to the smart contract, this person has a certain power since they can change the data to their favor (we're back to trusting a middle man, which is not the point)
ChainLink aims to become the leader Oracle service by creating a trust-less, decentralized oracle network, where you don't need to trust an oracle but rather the protocol of the network (think about it like Uber, you don't trust the driver, the driver dosen't trust you, but you both win by using the app, that is trust-less in nature)

This would allow financial institutions to save BILLIONS (Sources: Capgemini and WEF) and that would be just the first implementation of the network

They're working with Accord and OpenLaw so it works with the current legal framework and they've worked with SWIFT so they're compatible with legacy systems (ISO 20022)

>I recommend you read the whitepaper and the god protocol by Nick Szabo if you're interested in what I've said

Good lad good thread

As frustrating as these bear times are, I am at least grateful for how well LINK is holding up - especially since I’m pretty much all in

>>11046177
cheked
and thx fren

Thank you for taking the time creating an informative LINK thread. Need more time to accumulate.

Listen I genuinely care about about Anons financial well being. Its hard as shit to get ahead in life now, not just working 9-5 for the rest of your life. The sooner you start saving the sooner you can get ahead in life.

Chainlink is a meme started by 4chan (an infamous trolling board) to lead people to financial ruin. This is NOT A JOKE. Don't let your saved wealth be thrown away over night.

Vitalik Buterin the creator of ethereum said himself the days of making x100 or x1000 are over, that right the guy who created the second most popular crypto said himself those days are over.

Now 4chan is trying to get people to lose even more money after the December/January bloodbath. Smart money already exited the crypto world. Crypto is basically a highly specialized database, companies don't need this. They will just create their own private blockchains. There is no need for crypto chainlink isn't even needed to run the nodes. Think XRP when you think chainlink. The company ripple (smartcontracts) is doing well but the coin XRP(chainlink) isn't even needed for the companies technology.

Considering what Vitalik said "The days of making x100 or x1000 returns are over." Chainlink needs a 399900% increase in price over the next couple of months to reach $1000 this is ludicrous. Don't fall for it, chainlink its a meme to fuck you over.

Consider this for chainlink at current price to reach $1 you need an increase of 700% or a 233% increase every month until EOY.

This is a 4chan meme to siphon money out of the hands of the already vulnerable.

Why would I buy a Jason parser developed by a two man team run by a philosophy grad. Everyone knows philosophy degrees are meme tier

>>11046177
Checked. Keep up the good work bud, pink wojaks everywhere but we’re holding steady. We’ll make it soon enough.

>>11046260
Doesn't really take much time besides lurking biz which I already do anyway kek
>>11046229
>>11046258
Thanks frens. It's the top 2 gainer on Binance right now. It doesn't mean much since everything is going to shit but at least we're going there at a slower pace, heh

>>11046268
Fuck off FUDfag. Your copy pasta shit will not work. You had plenty of time to accumulate.

>>11046279
Follow FilterFag's guide so that it doesn't even show up anymore fren. Too bad he stopped posting

>>11046268
>listen to Vitalik

lost me there. how is his ponzi enabling shitcoin going these days?

>>11046289
Thanks my internet fren <3

new fag here. how much time do we have left to accumulate before this takes off?

>>11046387
If the larps are true then this month. I honestly think it'll take till EOY just to not get my hopes up

>>11046413
end of this month?

tfw deposited my fiat and now waiting for the payment to reach the exchange which takes 1-3 days hoping to god something doesn't happen before i can buy in

Gochain is a direct competitor to chainlink and has a working product

>>11046413
The larps aren't true. Jfc, there are larps over and over and over. Have any of them shown themselves to be reliable?

The recent larps are saying that mainnrt is around the corner this month while the fucking developer in the discord says there is still work - work that looks quite significant and hasn't even been started, not even designed yet - to do.

Either the larps are lying or the lead developer is going beyond not commenting into the territory of being seriously misleading.

>>11046606
I know anon. The pivotaltracker updated showing tasks for till the end of the month.
>>11046444
Checked but listen to this anon >>11046606

>>11046763
It really doesn't make any sense to me. I don't buy a September release or Salesforce announcement at all.

Salesforce announcing a centralized oracle? That kind of defeats the point. But even then, even if that's plausible (openlaw released a video about a smart contract recently- so maybe not every partner is waiting for mainnet launch to market new products), that's not what any of these larping fucks said, and Salesforce is likely more responsible than to pump a shitcoins by announcing they use it. I've been inside a faang+m company. If Salesforce is anything like the company I have seem, most employees rightfully think most ICOs and altcoins are scams and get seriously offended if they see anything related to their company being used to shill what they consider scams, which is basically all altcoins/ICOs.

>>11046260
it's been a fucking year already. no one is waiting around for you broke ass fucks to accumulate 1k link at a time

>>11046820
You don't really have to go farther than looking at the pivotaltracker, seeing tasks yet to be accomplished past the supposed mainnet launch date from the larps. I doubt mainnet is this month.
Regarding OpenLaw's demo, for Salesforce, it could very well be just that. The no-hype demonstration of what smart contracts can do. From the outside perspective there's really no difference between a centralized and decentralized oracle if you're just showcasing what smart contracts can do. Like I said though, don't get your hopes up (saying this to other people who are trying to trade on "buy the rumor sell the news")

>>11046561
Your poos must be legandary in the corners of the Punjabi street markets.
A delicacy for the local monkeys.

>>11046901
I'm hyped about the September 15 larp though which is why I'm adding it to the OP. He called Market Protocol which might not be much but it's something. Past that, nothing left except unexpected shit until the next larp comes along

>>11046606
Since when is Thomas a lead dev?
He's an "Integration Engineer"

>>11046820
To add on, the larps are just "I know someome on the team. It's one of the main ones. Mainnet in the next three weeks!"

You really think that so many people working for swift, digital asset, link, etc., post on 4chan AND are willing to leak secrets? I work for a faang+m company making the shittiest, least important, cost-center business programs for hardly anyone to use. And I STILLLLLL am not comfortable telling anyone on this toxic site about what I work on, let alone some supposedly revolutionary, secret world-changing technology.

Would you? In there position? Would you be smart enough to get where these people are and risk fucking

>>11047008
>Would you be smart enough to get where these people are and risk fucking
everything up? Not just getting fired, but risk leaking the wrong info that sinks the whole project?

>>11047008
i would go where these people are and risk fucking

i would risk it all for fucking

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!

THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>>11046836
Accumulation season ain't over, wageniglet.

>>11047140
You know, I'm actually starting to feel satisfied with my stack.

>>11046444
What have you been doing for the last year?

>>11047098
you are a MANIAC

You're future

>>11046177
Quad Q's in green id.
Also rolls dubs.
Kek is with you, based OP

I can feel this shit unfold.
Bros, I fucking <3 You all, thank You for everything.
See You on the other side of green dildos!

I own 11k LINK, will I make it?

It's all I have in this world, I literally dream of Sergey every night

>>11047270
not being on /biz/ and earning the first real money i've had since finishing my apprenticeship

>>11047634
Yes anon but you will be tested. Fortune has to be earned

>>11047660
h-how? I'm willing to hold as long as it takes, I've been holding since ICO, never even thought of putting my links to an exchange even during the bull run

>>11047140
if you broke ass fucks did something meaningful with your life you wouldn't need more than a year to accumulate 5k.
don't put your shit onto other people, all us actual investors with high 5 or 6 figure stacks are done.

>>11046177
Checked and bumped. 100k here. Hope we make it.

>>11046927
Check photo. Market protocol : ) $1k EOY

>>11047678
>actual investors with high 5 or 6 figure stacks are done.
actual investors.....
Bitcoin OG here. 2M LINK. AMA.

>>11048370
hey bro, you know of any other link speculaters? got any juicy intel for us? what's your gues for mainnet and price eoy? you're going to be a billionaire you know that right

>>11046279

Surely people still have time to accumulate, the price is really low right now.

>>11048370
Damn haha, only have 30k but a poor student. Have been living on bread and water these 3 months.

Are you fully confident that chainlink will thrive?

>>11048370
>Bitcoin OG here. 2M LINK. AMA.
If you weren't a larper you would have posted proof already.
Kindly eat a dick.

>>11048386
>you know of any other link speculaters?

>speculatOrs

initially spelt wrong then used out of context.
sorry friend, I only need the best of the best onboard our ship.
try again.

>>11048386
going to be.......?

>>11048424
without a doubt.
you'll never be hungry again friend.

>>11048445
pls provide said dick.

are you ready for this friends.....

>>11048498
>>11048554
Nigga do you know how many larps we have had in the last week alone?
You're a lunchmoney poorfag until proven otherwise.

>tfw I can only invest £750 in link right now

Hopefully that's enough to make some difference in my life

>>11048454
why is it out of context? i meant you have any other high rolling friends who are invested in chainlink? and kindly spill the beans if you have any breadcrumbs preazzzz

>>11048574
I enjoy lunch.

>>11046606
He's not the lead dev, retard

>>11048608
my apologies, I presumed it would be a given re knowing other speculators, that's generally how those circles move. OK.

UK nd try ve to in

>>11048658
bump for a hint

>>11048787
2nd word 4 letters

>>11048787

Why hello fellow 4chan user! Yes LINK is certainly on its way to the moon : - )

I believe the kind sir OP has posted all the info you need to buy into -- uh, I mean invest in -- LINK.

Shitpost aside, I know exactly how prevalent and sophisticated crypto shill campaigns can be so always find it hard to trust threads like these.

Good advice is to spend money you're OK with losing unless you actually understand the tech/know something I don't.

With that said, just bought in 1.4k. Will read more later but hacked.com said they "wouldn't be surprised if it did extremely well" -- and they're about one of the only sources who seem to know what they're talking about.

>>11048658
UK fund try move to blockchain?

>>11048978
'try' is not the full word. 'UK' and 'to' are the only complete part of the phrase.

>>11049002
Entry? Retry?

>>11049002
UK bond registry move to blockchain

>>11049002
Also too many hints nigger.

>>11049041
nice

>>11049054
it's an attention whore, what did you expect?

>>11049054
wrong billy big bollocks. bond is not correct.

I he ea st

>>11049041
>>11049079
it's land

>>11049106
chicken dinners tonight gents.

>>11048658
>>11049041
https://www.lexology.com/library/detail.aspx?g=4bb88e51-2268-4a15-8ff8-7d1eb77e8c5f

>>11049135
>Ctrl f etc

>>11049135
https://www.lexology.com/contributors/collyer-bristow-llp

>>11046177
These threads are dope. I missed the Dat 61 thread, as well as the vassil dimitrov thread

>>11048658
UK fund _____try moves to Chainlink

Someone figure out the name of the fund! Coventry??

>>11046268
I willl never get a black card because of the pasta associated with it. Fuck old fag.

>>11049179

>>11049179
see >>11049106

>>11049135

https://twitter.com/NigelBrahams/followers

https://twitter.com/SaaS_ERP_HCM

https://hmlandregistry.blog.gov.uk/2018/05/01/discovering-whats-possible-with-digital-street/

>>11048370
wew lad calm down
youre one of very few

>>11046177
not a bad thread op. I'll go ahead and throw you some new info. Have you noticed artificial lawyer covering chainlink extensively recently? AL covers a lot of law/ai/machine learning. What conference did AL attend last month. What companies did he speak with that mention implementing chainlink, most through openlaw/accord channels. Imagine machine learning pulling key info from paper/digital docs and automatically creating smart contracts based on this info. Why is Sergey hiring people from law and AI fields?
.
.
.
Kira Systems, Freshfields, Leverton

>>11049459
BASED anon

>>11049459
Turdlock Stink has arrived with more delicious treats for the pigeons.

>>11049459
Red pilled, anon

>>11049459
My nigga

>>11049459
Fight me, faggot.

>>11049196
>>11049200
Kek, I was phone posting sorry

>>11049459
What do you know about atrium? Seem focused on blockchain and machine learning

Close your eyes, try to clear any thoughts you are having
Take long, slow, deep breathes and put all your focus and attention onto your breathing
iiiiiiiinnnn.................... ooooooooooooouuuut

good. Do this for a few minutes, then -
VISUALIZE yourself becoming rich through your LINK investment
ANTICIPATE the things you will buy with your new found abundance of wealth
IMAGINE as though it is all happening now in the present moment, for the present moment is all that truly exists
MOST IMPORTANTLY
FEEL the way you will FEEL when that moment comes and you make it!
FEELING THE EMOTION IS MORE IMPORTANT THAN JUST VISUALIZING THE IMAGES!

Now open your eyes, look in a mirror, and recite these affirmations (use/add your own that is relevant to the reality you want to create once you make it)
I AM RICH
I AM WEALTHY
I AM A MILLIONAIRE
LINK HAS GIVEN ME INFINITE ABUNDANCE
It's important to do this when you wake up and before you go to bed, but do it as often as possible. Also hold the image and idea of us making it and LINK being worth $1,000 or more in your mind as you fall to sleep.

WHEN WE DO THIS COLLECTIVELY MY LINK BROTHERS, THE UNIVERSE WILL SEE TO IT THAT CERTAIN EVENTS, PEOPLE AND CIRCUMSTANCES WILL ALIGN AND BE ATTRACTED TO US - THAT WILL ALLOW OUR DESIRE TO MANIFEST INTO REALITY!
I love you all

Bump, new Sherlock link crumbs here. Can some anons spoonfeed us sub 100 iq stinkies?

>>11050329
Nvm new thread >>11050205

>>11049600
I’ll fuck you up, soiboi

>>11046177
UPDATE IT

https://twitter.com/chainlink/status/1039914421278203904

SERGEY SPEAKING ON CONFERENCE LAST OCTOBER

>>11051065
600 bucks for a ticket? I live in berlin and will stream it live if someone get’s me a ticket though.

>>11049459
Bump

>>11051237

posted this in the other thread
freshfields
fields
DS

puzzle larper DS?