/biz/ - Business & Finance

bump

There's too much to be bullish about. Please stop frens, I'm still wagecucking trying to accumulate

>Effective Monday, February 25, 2019, Nasdaq, through its data dissemination relationship with Brave New Coin, will send real-time Bitcoin and Ethereum index level information on the Nasdaq Global Index Data ServiceSM (GIDS)
http://www.nasdaqtrader.com/TraderNews.aspx?id=fpnews2019-3

>Coming to ChainLink specifically, This public oracle provides all smart contracts in the Ethereum network with free access to the daily Ethereum (ETH) US Dollar Price from bravenewcoin.com (BNC). This is an End of Day (EOD), Time Weighted Average Price (TWAP) for Ethereum in US Dollars. The price is derived from tracking all ETH trading across all exchanges globally. BNC's superior market data engine, the first volume sorts global trading into various market averages Eg: EUR/ETH, CNY/ETH, then non-USD pairs are converted to USD and all market pairs are volume-weighted together to produce a Global Weighted Average (GWA) price. This is done every 5 minutes and at the end of each day, a TWAP is created which expresses accurate price discovery for programmers, asset managers and anybody needing a reliable source of Daily Ethereum Pricing. Live, historical, customs data and index feeds are also available.

Any Ethereum smart contract can query this oracle's integration address for a daily Ethereum US Dollar Price as Indexed by BNC at 00:01 UTC. BNC recommends a custom solution for those wanting to create decentralized derivatives or solutions requiring more granular pricing.
BULLISH

>>12738185
>https://www.theblockcrypto.com/2019/02/12/brave-new-coin-crypto-indexes-to-join-nasdaqs-family-of-40000-indexes/
bullish

>>12738234
what do you think it costs bnc a month to use chainlink to offer these indexes?

>>12738221
Doesn’t this mean mainnet has to be up and running for this to work?

>>12738250
>how much money will i make off this from my node

>>12738262
Why have we not been told to fire up our nodes yet?

>>12738250
5

Please dumb it down for me.... how can mainet not be up by this date then?

>>12738293
BNC will use a different method?

Not sure. Total noob at this.

>>12738305
Coming to ChainLink specifically, This public oracle provides all smart contracts in the Ethereum network with free access to the daily Ethereum (ETH) US Dollar Price from bravenewcoin.com (BNC).

>>12738293
could probably do single oracle nodes, no aggregation
essentially the same as what oraclize offer now

until the network is up

>>12738315
Kinda hard to imagine desu, link has always been about being a decentralized oracle network.... oh the irony if it really was up with a single node

>>12738340
>until the network is up
the real question is...think they aren't already providing single oracle services (chainlinks) now?

>>12738358
LoL, the shadowfork was real

>>12738375
Sergey has said many times ... we provide data for x
without a network, i guess that can only be with single nodes

>>12738358
This goes live Feb 25th. Interesting, Dan will also be in California giving a speech to whole bunch real estate types.... Seems to be an important date

>>12738185
>Nasdaq is no stranger to the crypto world. The firm, which is known for operating equity, options and futures marketplaces, provides trading and market surveillance technology to at least 7 cryptocurrency exchanges. It also has partnered with crypto firm Symbiont to offer a white label solution that allows other exchanges to launch markets built on blockchain technology.

The key term here is white label solution.

>>12738234
https://bitcoinexchangeguide.com/brave-new-coin-blockchain-crypto-asset-media-website-and-chainlink-partner/

>>12738405
DAN KOCHIS HAS BEEN ACTIVATED

>whitelaber solution

LINK is so fucked.... what is the point if all the partnerships will use whitelabel private comissioned blockchains and won't use the public chainlink network

>>12738640
lol Chainlink's decentralized oracle relies on economic incentives to provide reliability.
Rolling up a private Chainlink will have niche uses. If you want to take advantage of the power of a smartcontract, you will need to use the public chainlink network.

>>12738640
Thats because chainlink is the white label solution dummy.

>>/biz/thread/10988109

https://bankinnovation.net/2019/01/notable-startup-blockchain-firm-symbiont-raises-20-million-in-nasdaq-ventures-led-round/

Drunk anon basicly alerted us to chainlinks whitelabel status.

>>12738779
Interesting cube at the top. Its chainlinks old website cube/logo

>>12738812
Ive also seen it here

>>12738829
Oh and microsoft and ey

https://techcommunity.microsoft.com/t5/Blockchain/Getting-API-Data-for-Azure-Blockchain/m-p/202291#M258

>Will cryptlet serve as a decentralized oracle network ? Also can we integrate with 3rd party oracle solutions such as SmartContract (www.smartcontract.com) ?

>Yes, the intention is to allow cryptlets to solve this issue in a decentralized manner. We are still implementing exactly how we want to design the system, but it currently is in private preview with some customers. We'll announce when it is ready more broadly.

Microsoft will offer chainlink as their blockchain solution.

>>12738842
I wonder what googles open source solution is.

>>12738779

They started developing chainlink in nov 2017 from nothing, they even have some pivotal tasks related to the coin ICO sale, so all those breadcrumbs from 2016 are meaningless

>>12738854
Does this have anything to do with ZKP?

>>12738540
bingo

>>12738872
Bnc is partnered with chainlink. Sergey has been building oravles for 3 years. In 2017 they had their centralized smart oracles solution working. That's how they did the successful bond coupon payment proof of concept for swift.

>>12738899
Checked

>>12738872
you can go read the goodbye post on the NXT forums to see that Sergey was focused on smartcontract.com in 2015

>>12738905

> That's how they did the successful bond coupon payment proof of concept for swift.

Wow, you are right, thanks

>>12738927
Link?

>>12738899
Checked
Main net confirmed Feb 25

>>12738276
Only permissioned chains are being used apparently

I knew a milf who fucked Sergey. It was her hobby and she was open about it. She told me that it felt wonderful being able to provide romantic love and intimacy for people who struggled so hard to understand the world. The way she described it was like being fucked by an animal, since they operate on instinct when it comes to sex. Most are chronic masturbators and and desensitized to sustained contact, so retards fuck hard, long and are very selfish. She enjoyed seducing him, and the way he reacted when she let on that she was serious and wanted him to mount her. She told me that she never used condoms when she was fucking retards, not because she liked them, but because it was degrading and thrilling for such terribly mishaphen people to cum inside of her and get her pregnant. According to her, she had aborted 15 retard babies over the years. Think about that. Think about how much sex with retards she had to have been having to get knocked up woth downie spawn 15 times. She was hot as fuck even at 40 but after knowing that possibly a hundred or more 'tards had their way with her over the years, I couldnt bring myself to try and seduce her. She seemed really into me though, and I'm not really sure why.

>>12738185

This is just the first step. Chainlink partnering with BNC and then partnering with Nasdaq.

keep in mind

"Any Ethereum smart contract can query this oracle's integration address for a daily FCT US Dollar Price as indexed by BNC at 00:01 UTC. BNC recommends a custom solution for those wanting to create decentralized derivatives or solutions requiring more granular pricing. Pricing via oracles is available for many other Digital Assets."

>>12739303
is there significance in the capitalization of Digital Assets?
like Blythe's old gig

>>12738405
>>12738637
do we know if there will be a stream of some kind?

can't handle the happening in this bread.
>weakattheknees.jpg

>>12739303
remember when Sergey spoke about what companies are willing to pay for decentralization? He said the premium was high but saved them money compared to the way things work now. It seemed to be based off of concrete conversations he had.

I forget which talk this was. Fuck it's been to many over the past year to keep them straight.

>>12738358
>http://www.nasdaqtrader.com/TraderNews.aspx?id=fpnews2019-3

HUNDREDS of teams are already running their independent nodes and have been for the last year, interacting with one an other in a centralized fashion but only for more menial workflows.

I can't see this being the case with such a high value/critical application such as bncnasdaq.

>MAINNETFEB25th.jpg??

This thread is absolutely golden, guys, this is archival-worthy and even more. Fucking memorize it all if you can. How can we be so lucky...

>>12740126
I even got a golden ID. Kek can't help but agree with us

>>12738728
>>12738779
>>12738842
>>12738854
>>12738899
>>12739303

>>12738540

>>12740132
It's not golden on pc, pfft...

>>12738405
WRONG, dan is speaking tommorrow at the CELER - CHAINLINK - DENVER meetup

>>12738340
you are wrong.
if we are all behind chainlink it's because you can do BOTH with chainlink, and even MORE.

you want to make your own centralized network? USE CHAINLINK
you want to have transparency and publish your SC on the blockchain? USE CHAINLINK
you want to lighten the processing power of your infrastructure? USE CHAINLINK TEE
you want funny decentralized secure data? USE CHAINLINK Network

also town cier brings a whole new level of utility to oracles.

I highly suggest you read this
https://blog.chain.link/town-crier-and-chainlink/

>>12740282
forgot pic