/biz/ - Business & Finance

>>11499425
sergey confirmed, the nodes will require links to function.

you cannot host a node without links being staked. and fees will be paid using linkies.

so stfu shit tier 2017 FUD

Need to have a way to pay node operators mate

>>11499425
Am I really the only one whose tokens are currently being used in the network? I thought more of you would have gotten in on the beta nodes. Basically printing $$ right now and what's better is the security of seeing the companies using LINK right now are fucking huge household name corporations. NONE of you are staking on a beta node?

>>11499444
Then why would anyone use this crap? Why not use a network that doesn't insist on you buying tokens to use it?

>>11499445
>>11499444
>>11499457
How many LINKs do I need to host a node? And if I don't have enough, I have to sell or hoard them since they have no use?

>>11499457
You realize that you are receiving testnet LINK for that staking....it's not the same as real link.

Sergey literally said node operators are going to make $$$. And link is needed for node staking.

>>11499467
because chainlink is the first mover. plus the tech is backed by the biggest brains Ari juels co authored the white paper. and the team on the technical standpoint are very very good and serious. plus it's the only project that is seriously in talks with big players.

no matter how much you cry. Chainlink is the tech that will power all future smart contracts.

and it will require linkies

>>11499476
some people speculated about 10k links for a node

>>11499511
What if I only have 1000 linkies?

>>11499549
then you can use linkpool

>>11499467
Why use ETH? Why not use a global decentralised trustless computer that doesn't make you buy a token? Why use Bitcoin? Why not use a global trustless form of decentralised value that doesn't require you to change fiat into a coin?

>Don't even have to sell your stack to make mad money
>Can just stake your linkies, to make even more linkies, and then sell those you got from staking

>>11499467
you don't understand. chainlink's very nature makes it so that users don't even know that they are paying for tokens.

>>11499643
this anon gets it.

>>11499467
For profits. LINK is the fuel of the network. You will be compensated for running a node. You will earn money. Are you stupid?

>>11499478
You realize I'm not talking about Ropsten I'm talking about the actual live network beta nodes they released. Nobody else signed up?

>>11500187
Wouldn't they need a mainnet first?

https://www.youtube.com/watch?v=8hvyoqlBqqU

1

>>11499467
Crypto tokens incentivize decentralization. You need some kind of payment, fiat actually requires more steps than a dedicated token

>>11499425
>I don't understand the LINK token. What's the point of it?
there is no point oracles could just as easily be paid in ETH or EOS

>>11500738
wrong

>>11499457
What big names?

> Watch as this LARP comes up with a contrived bullshit reason for why he can't say the company names in an inconsequential Taiwanese fish-descaling forum

Read the whitepaper faggot

Oracles put chainlink tokens up as collateral to be paid to the user of the oracle in case the data it provides is no good. Link tokens' value are therefore proportional to the demand for smart contracts and value of those smart contracts

The problem with chainlink is they define good data by democratic process, so the whole may just get gamed

>>11499425
ill keep it simple. there are more use cases but these are two obvious ones and from here you can determine value.

1. Smartcontract creaters/users will pay Link Nodes in LINK

2. LINK is staked in nodes and will need to be a proportionate value of the Smartcontract using them. Basically, collateral value.

So, #1 is easy. #2, think of what the smartcontract market value will be in a year, when the largest banks like SWIFT are using them for bonds, derivatives and Lawyers are using them. Now think in 5 years when the market reaches close to a few trillions.

LINK value will grow proportionately to the smartcontract market. It will be insane.

>>11499425

>2018
>not trading in augmented reality
>not doing it while wearing balenciagas you bought with your link gainz

who caRES ABNOUT LINK??
ITS DONE its dead look at the dump LOL its down the crash of link is finally coming and the hopes of white '''people''' with it HAHHAAHHAHA

>>11500738
wrong

additionally there is no crypto yet that's price isn't just speculation and accumulation in anticipation of real world use where business models and wealth become dependent on it

chainlink looks like it's going to be creating value straight out of the gate, you could justify expecting unprecedented gains on that

>>11501942
Hello mr chink. I'm fucking a chink girl tonight? Any tips? ;)

>>11501944
stfu he is right you cant refute him just say wrong kys
>>11501959
this cringe link is done
>>11501960
STFU MY NIGGAS WILL FUCK YOU UP

>>11501969
What's that? Cum in her tight chink pussy? I did that on my trip to China. Came in a bunch of them and just left LOL. Probably have a bunch of halfbreeds running around now lol

>>11501942

>>11502002
anf now who cares?
when bitcoin rises to the top after killing link than you will cry because this will happen 100000 times more and the white race wilkl finally diue out ahhahahahaha link will crash link will fail HAHAHAH
>>11501994
STFU AHAHAHAHAHA CHINA WILL NEVER CRUMBLE WHILE WESTERN CIVILIZATION ALWAYS DEAD HAHAHAH AFRICA IS BETTER THAN YOU AFRICA IS OUR ALLIES YOUR FUCKED WHITE BOI IM A BLACK BVLL AND I WILL KILL UUUUU

>>11499425
>>11501889

Smartcontracts team is doing itself a disservice by staying hidden and reserved