/biz/ - Business & Finance

When mainnet?

This is going to be one of the hardest dumps on main-net and the project will basically fail because people will never use it for anything other than to PnD, which will completely fuck the tokenomics and make the whole thing useless. Sergey will realize this and just disappear along with the rest of the team. SWIFT and co will realize this, and begin to quietly remove any references they have to this embarrassing experiment which - who knows, might have succeeded if it wasn't for the retards who infest this place and run painfully obvious shill and fud campaigns. Many of you will experience the kind of hopium crash which actually kills people, and I suppose suicide is a fitting reward for some of the more smug retards who clutter up this board, but I hope it isn't all of you. There will be no more memes, no more dreams of lambos or whatever NPC tier 'rich person's car' you've picked out in your imagination as you're left in the dirt holding a bunch of link bags. Even a fraction of the money some of you invested in link could have helped you make it during the next bull-run in a legitimate project. Imagine that. THAT is what you should be visualizing. Not your stupid fucking holiday home, not your imaginary future "faithful" gf / wife, nor an early retirement where you don't need to toil away at menial tasks for your betters from inside your 9-5 existential prison cell - you should instead be visualizing yourself scraping together what little money you have left in the wake of your devastation to try and ride something like BAT or Holo up, and your dream of MILLIONS OF DOLLARS suddenly becomes a much more realistic 100k-200k at most. I mean it's not bad - more than you intellectual runts probably deserve. You'll all see I was right. I always am.

Wen mon

>>11844091
this is a thread for questions. Not "when moon when mainnet" and copy pastas.

How do you verify that RNG data going into an SGX node will be sufficiently random? The SC owner only has visibility of the code being executed, not the source.

>>11844248
Ah, the hard hitting question. I wish I could give a better answer but its not fully known as no one has the available information to fully answer that question. Intel SGX is still young and we dont know if its completely trusted. I cant tell you with certainty that any sort of number generation is sufficiently random. Its part of speculating on this technology.

Which I could give a better answer but instead of feeding you bullshit I gave you the truth.

>>11844091
>Two man team.
>philosophy degree
>Big macs

mainnet when?
$10 when
$100 when
1000 when

>>11844091
This is just sad now.

>>11844248
The random number will come out of the enclave, and you can verify that the enclave is running the correct rng program via cryptographically signed attestation. One of Serg's most recent talks covers this.

>>11844091
At what point does it become more profitable to just run your own node instead of buying LP shares?

>>11844344
EOY

>>11844372
>One of Serg's most recent talks covers this
which talk

https://medium.com/@The_Crypto_Oracle/chainlink-the-missing-piece-to-the-god-protocol-fd455dde92ab

>>11844126
so much pasta

>>11844248

it's at least more serious than other shitcoins who wanted to get their random numbers from random.org lmfao

>>11844091
I hab a question
Does one block in the blockchain only contain one transaction or does one block contain multiple transaction?

>>11844372
I'm talking about the cases where you don't trust SGX's in-built hardware RNG, because there are currently very serious discussions about its randomness.

If you want to use other sources like nuclear decay, a wall of lava lamps or a lady with a bingo machine, you won't have any way of verifying the randomness of the data input.

The only solution I can think of is to just use a large number of nodes, and hope that if any of the sources are breached then it won't impact the randomness enough to let someone crack your key.

It's a serious problem, but honestly I think the network is strong enough to handle it through aggregation and the reputation system. If I run a node, then it'll probably be for RNG.

I don't understand all the bitcoin cash drama. What's their stance on the smart contract and oracles thing? Do they need link, do they not care, does it matter?

>>11844446

Hmm, I wonder what use cases securing RNG's could be used.

>>11844563
Sergey's mostly talked about it for lotteries, but I honestly think you could use it to generate symmetric encryption keys. If we can do that, then that's a big fucking deal.

>>11844420
Your question does not make much sense. It seems as if you're asking about bitcoin? Elaborate further please.

>>11844729
okhat is a block?

are you saying i can order pizza through oracles

>>11844372
https://www.youtube.com/watch?time_continue=17&v=js5SL5Z1ZxY
>>11844378
LP is working at getting high volume contracts. It may be worth wild to have one- to test out the waters when the flood comes.

>>11844744
I'm sorry you're confusing me.
If you're asking about "blockchain" in the conventional sense like bitcoin, then all transactions in a 15(?) minute time period is collected into a "block" and all the transactions in the block are hashed out.

>>11844091
Im a muslim and also a new link fag im actually a lt. Colonel. Plz no bully

>>11844785
As-Salaam-Alaikum

>>11844446
You could have the enclave run any randomness generating code with any seed input you desire.

>>11844779
>all transactions in a 15(?) minute time period is collected into a "block"
oh right so for the way blocks work for bitcoins.
and different currencies have different blocks?

>>11844779
>all transactions in a 15(?) minute time period is collected into a "block"
Oh right so that's the way blocks work for bitcoins.
So do all the different currencies have different blocks?

>>11844119
fpbp

>>11844847
it depends. With proof of work coins like Bitcoin, monero, litecoin etc. they are all operating on their own separate blockchain, and you have to prove work in the network by allocating cpu/gpu energy.
There are proof of stake coins/tokens that operate differently, where you have to prove your stake in the network.

A project like LINK is not a "blockchain" project like bitcoin. You do not hash or mine new coins and it doesn't exists for the sole reason of currency to be spent. Its simply a protocol to allow the delivery of safe data on smart contracts. I could go on but you would have to understand smart contracts, which deal in the same market as blockchains, but fundamentally different from a blockchain.

>>11844583
>symmetric encryption keys
big brain, explain to me please

>>11844383
CESC from 16 minutes onwards. You choose whichever RNG library you trust the most and then load into the enclave knowing it will execute faithfully.

Is 10k really enough? I know that meme has died out at this point and everyone suggest to just buy as much as you can but what is the smallest amount most of you would be comfortable holding?

With smart contracts you can literally set up an alarm clock that will go off when you desire for 0.0001 links

>>11844805
>Randomness generating code
You can't generate randomness in code, only stimulate it. You need hardware inputs for true randomness.

>>11844958
Gosh. If you really believe in the project you will keep buying and buying. I'm bullish af. If you follow the bread crumbs, you know you it's not about having enough, but wanting more.

>>11844796
Wa-Alaikoum-assalam

Hi there. I'm new here and was wondering if any of you could answer this question:

snnnnniiiiiiffffffffffff...oh yes my dear....sssnnnnnnnnnnnniiiiiiiiffffffff....quite pungent indeed...is that....dare I say....sssssssnniff...eggs I smell?......sniff sniff....hmmm...yes...quite so my darling....sniff....quite pungent eggs yes very much so .....ssssssssssssssnnnnnnnnnnnnnnniiiiiiiffffff....ah yes...and also....a hint of....sniff....cheese.....quite wet my dear....sniff...but of yes...this will do nicely....sniff.....please my dear....another if you please....nice a big now....

BBBBBBRRRRRRRAAAAAAAPPPPPPPFFFFFFFFLLLLLLLLLPPPPPPPPPFFFFFF

Oh yes...very good!....very sloppy and wet my dear....hmmmmm...is that a drop of nugget I see on the rim?...hmmmm.....let me.....let me just have a little taste before the sniff my darling.......hmmmmm....hmm..yes....that is a delicate bit of chocolate my dear....ah yes....let me guess...curry for dinner?....oh quite right I am....aren't I?....ok....time for sniff.....sssssnnnnnnniiiiiiiiffffffff.....hmmm...hhhmmmmm I see...yes....yes indeed as well curry......hmmm....that fragrance is quite noticeable....yes.....onion and garlic chutney I take it my dear?.....hmmmmm....yes quite.....

BBBBBBRRRRRRRRPPPPPPFFFFFFFFFFFFFFFFFFFFFTTTTTTTTTTT

Oh I was not expecting that…that little gust my dear….you caught me off guard…yes…so gentle it was though…hmmmm…let me taste this little one…just one small sniff…..sniff…ah….ssssssnnnnnniiiiiffffffffffff…and yet…so strong…yes…the odor….sniff sniff…hmmm….is that….sniff….hmmm….I can almost taste it my dear…..yes….just…sniff….a little whiff more if you please…..ssssssnnnnnniiiiiffffffffff…ah yes I have it now….yes quite….hhhhmmmm…delectable my dear…..quite exquisite yes…..I dare say…sniff….the most pungent one yet my dear….ssssnnnnniiiifffffffffffffffffffffff….yes…

>>11844958
your entire question is subjective. Is 10k enough to make it? No one here can predict the future, and making it is defined by your own terms anyways.
>what is the smallest amount most of you would be comfortable holding?
Who knows your financial situation? I would suggest accumulation but not liquidating every asset you own to buy more, nor would i ever suggest taking out a loan to buy link. Buy the amount you're comfortable with losing should things go south.

how will psd2 affect link?

>>11844119
soon

>>11844091
Get out now, its all a scam, a cult.

>>11846185
Imagine being so fucking egotistical you have to put your personal mark on a meme. Imagine not being able to compute that a meme is something you release into the wild to survive on its own, and the whole point is that it's not attached to a single person or entity, but rather a part of the collective memetic commons.
Imagine being that narcissistic and self involved. Imagine using a fucking chat room with avatar pictures and muh names and muh identity and still pretending you have any superiority over plebbitors, whose entire failing is that muh karma and muh recognition is innately inferior to the neutral battlegrounds of anonymity.
Discord faggots are the ultimate 105ers. Superiority complexes mixed with absolute mediocrity and a desperate, all consuming urge for identity, ego, recognition and validation.
Literally worse that plebbitors, holy fuck what a life.

>>11846185
>Imagine being so fucking egotistical you have to put your personal mark on a meme. Imagine not being able to compute that a meme is something you release into the wild to survive on its own, and the whole point is that it's not attached to a single person or entity, but rather a part of the collective memetic commons.
>Imagine being that narcissistic and self involved. Imagine using a fucking chat room with avatar pictures and muh names and muh identity and still pretending you have any superiority over plebbitors, whose entire failing is that muh karma and muh recognition is innately inferior to the neutral battlegrounds of anonymity.
>Discord faggots are the ultimate 105ers. Superiority complexes mixed with absolute mediocrity and a desperate, all consuming urge for identity, ego, recognition and validation.
>Literally worse that plebbitors, holy fuck what a life.

How many more years for LINK to hit $1?

>>11846397
I expect a dump at mainnet then a steady rise to $10 in a few months, then exponential gain for the coming years

>>11844091

Do you have knowledge of the inner workings of the Chainlink team.

Such as knowing about future partnerships or any other type of news coming?

Or any info working relationship such as the DOD rumor?

>>11846851
There are independent consulting groups for API adapters and enterprise nodes getting underway, with the team’s blessing.

>>11846851
What DoD rumor?

I don't understand how outputs are executed. For example if I want my smart contract to pay someone using Swift or Paypal, how is that gonna happen? I mean who is physically going to send a message to Swift saying "pay X amount to account Y"?

>>11847056
They're going to use chainlink for nuclear launch approval. You won't find out about it until they've already had the system in place for a decade or two though.