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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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11981885 No.11981885 [Reply] [Original]

discuss

>> No.11981895

>>11981885
RETARD, this is a chainlink board. Of course the thread is also about LINK.

>> No.11981899
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11981899

>>11981885
she stuck?

>> No.11981900
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11981900

>> No.11981901

>>11981885
>>11981895
gas yourself idiots

>> No.11981921
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11981921

>>11981901
nolinker detected. stay poor raj patel

>> No.11981947

Braaaaaaap

(fuck chainlink!)

>> No.11982059

>>11981899
Mfw she stuck and i feed her with lentils and milk. Ridin through the hood being brrrrped on.

>> No.11982176

>>11982059
Oh god the images. You could even charge for a ride in the passenger seat for the greatest brappsperience in town

>> No.11982663

>>11981885
I was waiting for this ass to make it

>> No.11982673
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11982673

Shitposting thread

>> No.11983089

>>11981885
>this is now a chainlink thread
>>11982673
>Shitposting thread
Pick One

>> No.11983123

>>11982059
front passenger seat for tickets best view and getting full on brrrrp'ed right onto your forehead

>> No.11983206

>>11981885
What does that thing smell like?

>> No.11983223
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11983223

>>11981885
I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit. Happy gambling though anons.