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/biz/ - Business & Finance

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12377338 No.12377338 [Reply] [Original]

Kaleido and Chainlink is a huge fucking deal yet the market doesn’t react . What the fuck am I missing here?

Oracles enable blockchains to connect to off-chain activities and data feeds for smart contract transaction validation. Existing oracles, however, are centralized services which can create a single point of failure, and require dApp (decentralized applications) developers to put explicit trust in the implementer and operator of the centralized service.
Kaleido and Chainlink are working together to provide a decentralized oracle service as part of its Blockchain Business Cloud to enable enterprises to connect their smart contracts to real world data, events and payments.

>> No.12377362

Private blockchain

>> No.12377484

>>12377362
Not necessarily

>> No.12377521

Little price action is necessary for the singularity to manifest

>> No.12377534

News doesn't matter in crypto yet. Wait until anyone uses this shit for anything besides speculation.

>> No.12377568

>>12377362

Ethereum mainnet tether? gee I wonder how they anchor your private chain to the public ethereum mainnet

>> No.12377753

Because the current crypto market is retarded.

>> No.12378291

>market doesn’t react

There’s like 10 guys left that daytrade dude. Rest of the market left.

>> No.12378335

>>12377362
This. They have a ETH and LINK faucet like on testnet. They send you 25000 ETH TO USE, EVERYTHING IS PRIVATE AND THERE IS NOTHING YOU CAN DO LINKIES

>> No.12378896

Your missing nothing. ChainLink just doesn't have some vague catch phrase that appeal to normies. Like internet 2.0 or bank coin. Without normies the only price changes that happen come from institutions and customers. This is why chainlink won't dump very hard if at all during mainnet. Institutions and customers don't day trade.

>> No.12378920
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12378920

Here we go again!

>> No.12380152
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12380152

>>12378920

>> No.12380732

>>12377362
Using a dApp that has a private blockchain backend that gets its info from a public blockchain dApp.

FAGGOT

>> No.12380958

>>12377338
news didn't pump ETH to $1400 last year, floods of dumb money did that. millions of people sticking 50-250 dollars at a time is really what pushed that shit up. Do you think mass amounts of normies know about this shit? Do you think they know what chainlink is? Kaleido? They don't, so they don't buy. It needs to rise organically for a while before it gathers the steam required to gain their attention. smart money is buying but there aren't enough to really pump it

>> No.12381007

>>12377338

how do i buy this shit, whats the stock code on robinhood