/biz/ - Business & Finance

Hydrogen
https://medium.com/@gunjmehta/hydrogen-partners-with-chainlink-fc058a3fd477

Kaiko
https://medium.com/@kaikodata/kaiko-partners-with-chainlink-to-bring-cryptocurrency-market-data-to-smart-contracts-1a2f9f428465

Rtrade
https://medium.com/@rtradetech/rtrade-technologies-to-use-chainlink-to-provide-oracles-for-high-quality-off-chain-data-storage-55fffbd75082

Olympus Labs
https://medium.com/olympuslabsbc/olympus-labs-and-chainlink-integrate-decentralized-oracles-into-financial-products-for-reliable-17ad07bc5c80

>>12592611
based

Look at all those people

>>12592712
Literally $1,000 a seat. The memes write themselves.

>What is Chainlink?
Chainlink is a decentralized network of oracles reliably inputting data to smart contracts.

>What is the LINK token and why do I want to buy it?
The LINK token is what Oracle operators require to operate. Operators lock away huge stacks of LINK in their Oracles because the more they lock away, the pricier the contract they can submit info to.

>Why don't Oracle operators just get paid in USD?
Because the network runs on LINK tokens. The more usage the network gets, the pricier each token becomes.

>How do I buy LINK tokens?
Currently you can only buy LINK from cryptocurrency exchanges, but soon there will be official, direct gateways to convert USD/LINK, EURO/LINK, ETC.

>What are oracles and why do we need them?
Oracles and their operators are what and how the flow of constant information is submitted to the Chainlink network.

>What information do I submit?
Information you are tasked to submit.

>How are oracles decentralized?
Decentralized means anyone, not a select few, can run an Oracle and upload information. A reputation system is built in that punishes niggers who submit bad information, and rewards people who submit true information.

>What decides the information I submitted is true?
The network decides, based on majority rule, which is effectively the only way to decide. Based on the reward/punishment system in the previous question, operators who take their job seriously won't risk losing it over being persuaded to upload wrong information.

>What are smart contracts?
Automatically executing digital contracts, which will replace future legal agreements, where a contract executes on its own instead being executed by either party in the contract.

>How does the contract know when to execute?
When conditions in the contract are fulfilled, the contract executes.

>Who does Chainlink benefit?
You buy now, and get rich when the network takes off, and every mega corporation will save billions of dollars in payments, claims processes, etc.

>>12592853
Rory was at the door shaking people down for the 1LINK entrance fee

>>12592712
I would rather have one millionaire investor listen to Sergey than 10,000 moonboy retards.

>>12593121
10,000 moonboys each pumping $1000 USD into LINK would do more for the network than a single millionaire could dummy

Can someone give me the rundown on the most recent presentation? I won’t have time to watch it until tomorrow. Looks like a way different audience than the usual talks that Sergey does. These guys look actually important

>>12593289
Same shit, same speech, still no mainnet, still no partners other than literal who's
Sell now and rebuy 3 days before sergey's next speech

Why are we spoonfeeding Newfags now?

>>12593326
I legit sold this big dead cat bounce. See you guys at 10k sats.

>>12594401
linkies are nervous their coin is going nowhere. Resort to constant shilling and spoon feeding to unload bags

Daily reminder that uncle oldfag got eternally BTFO
>>12564594

>>12592611
Not a link newfag but can you provide evidence of the Symbiont / CL connection?
Nasdaq invested heavily in them last week and I haven't heard it mentioned here.
https://bankinnovation.net/2019/01/notable-startup-blockchain-firm-symbiont-raises-20-million-in-nasdaq-ventures-led-round/

SCAMLINK ETERNALLY BTFO

>>12592611
BASED

>>12593110

>>12592611
Sorry newfag, we already have a chainlink general
It's called "biz"

>>12595646
Haven't seen her in almost a year, since the req shilling.