/biz/ - Business & Finance

Have sex

>>13870553
what?

>>13870521
speed is not important, smartcontracts only problem is to execute the conditions.

also by taking the cost of computation outside of the blockchain (on the chainlink network TEEs for example) you significantly reduce the burden on the blockchain.

chainlink is not fast but will improve the speed of the blockchains using it, because they could compute very complex and time consuming stuff outside of their blockchain on a node netwrk.

>>13870521
you can run your own link test node and ping it the price of Ethereum right now.
If I remember correctly, my node was providing the marketprice of Ethereum in less then 5 seconds.

>>13870521
what testing results?

>>13870561
We know it's a strange and totally new concept for people like you, but at least try.

>tps

>>13870570
that's about right.
there are a few seconds of delay which I imagine at this point is both acceptable and impossible to evade.

>>13870521
Doesn't matter. The JavaScript has been hacked and they can't keep the nodes online.

>>13870583
Is this not a valid question? or is everyone just sick of LINK posting, if so i'm sorry.

>>13870569
>>13870569
>>13870570

Got you. Issue is that if people think chainlink is going to dominate the the derivatives market, 5 seconds is not good enough. Of course, software improvements are iterative so its ok if they improve over time.

>>13870561
you must be from reddit huh?

>>13870628
have sex

>>13870614
My understanding of financial markets is not great. I know for other applications, a delay is ok, but is > 2 seconds ok?

>>13870628
its more about efficiency and security, than speed.

>>13870639
>>13870640
what you want me to say? I was born on /biz/? fuckoff newfag, no one cares about reddit

>>13870660
>he thinks he can say buzzowrds to fit in around here

waht gives you away is that your answering to shitposts. No actual discussion get made here

>>13870660
this the only people who go on reddit are the ones accusing others from being there in the first place

in b4 this is reddit spacing

whatever the fuck that means anyway

>>13870521
This is the best discussion we’ve had in a while on biz. Link is trash. Definitely trash. Please sell.

>>13870736
>in b4 this is reddit spacing
>whatever the fuck that means anyway
Insecure parroting faggots will make fun of you for improving the readability of your post. Some here are worse than plebbit and want to perpetuate the spirial of ignorance in the name of being cool.

>>13870569
>speed is not important
He doesn't know that the most autistic language go was chosen for fundamentally speed.

>>13870736
>implying

>>13871130
i know, but if you query 1000 nodes for more security, you're gonna have 1000 nodes computing the data, the smart contract will need them all to finish, then the aggregation contract will need to aggregate the results of 1000ds of nodes.

it's not like this is a 1:1 call, there is like an indefinate number of nodes that can called

>>13870625
This. Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team