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/biz/ - Business & Finance


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14222518 No.14222518 [Reply] [Original]

I'm a dev, let's make a few things clear about Chainlink.

1. It's not decentralized. There's no way for me to chose a provider except by its KYC, which is centralized by Chainlink itself.

2. The actual decentralized reputation strategies explained in the white paper are completely insufficient. It is fucking outrageous that they do not have exact specification for it 2 years later, let alone have started implementing it.

So basically right now you're investing in centralized oracles, with plans on making it decentralized later, but those "plans" are not described in details anywhere. It's a vague 10 lines in the white paper, and those 10 lines don't actually describe a solution that would not be completely BTFO by sybil attacks.

Also, anyone who knows programming knows that sending centralized data to a smart contract is 5 lines of code. Aggregating centralized data like CL does is 10 lines of codes.

Chainlink is fucking amazing at public relation. They got mentions by Swift and Google, even though like I said, it's not decentralized, and doesn't even have specifications on how to make it decentralized. TWO FUCKING YEARS LATER.

Also for the bag holders reading this, there's no point in replying "weak fud" or "what price did you sell". We all know the pathetic strategies you use to try to distract from the fact that LINK is vaporware.

>> No.14222541

>>14222518
Thanks for the insight. Just dumped my bags.

>> No.14222560

>>14222518
I-is that true? I‘m not gonna be rich?

>> No.14222569

I'm a dev, this is FUD

>> No.14222578

>>14222518
This thot needs a hard fucking

>> No.14222596
File: 3.28 MB, 635x640, 1559568712504.gif [View same] [iqdb] [saucenao] [google]
14222596

>what is LinkPool

next ?

>> No.14222603

>>14222578
i would ask her to stay liek that naked and cum 2 glasses of cum for the occasion

>> No.14222666

Imagine if /biz/ got behind a coin with a working product and professional team. Imagine if this coin was still at its bottom yet also within the top 50 crypto. Imagine if anon realized that nano was his coin.

>nano = anon

>> No.14222681

>>14222666
check 'em

>> No.14222686
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14222686

>>14222518
oh hai.

>> No.14222709

>>14222666
sorry fren but DAGs are not cryptos. They do not have proper consensus algos that work

>> No.14222713
File: 136 KB, 480x320, 9ec322907f91eb4ee400be32dcb7f5ad.png [View same] [iqdb] [saucenao] [google]
14222713

>>14222518
Got fired for jacking off at work again
F you guys

>> No.14222715

>>14222518
Man I love Slavs

>> No.14222716

You sure have thought a lot about this Anon, for something you think is a scam. Thanks for your insight.

>> No.14222729

>>14222713
for real?

>> No.14222767
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14222767

Wounder how does it feel to be a big-tittied, young adult 9/10 woman. Seen one at a coffee shop today. She lied on her chair blatantly trying to show as much cleavage to everyone in the vicinity with a smug look on her.
It must've felt like a permanent orgasm for the entirety of her stay there.

>> No.14222768

>>14222518
yep, it's a total shitcoin.
I'm curious who they paid and how much to manage a PR campaign at /biz/. The marketing was absolutely brilliant. It's Ripple-tier hype and meme building and I mean that as a compliment. XRP is absolutely worthless too but its pumps have been insane.
They appear to be mostly reddit centered but their memes are similar. "$519 EOY" (or some close retarded number, I don't remember). Visions of ripple being worth trillions of dollars because that's how much xrp would have to be worth for xRapid to become adopted as the basis of the world banking system, just like link visions of trillions from being the main oracle network to handle derivative pricing due to need of collateral.
The reasoning is the exact same thing of brainlet backward reasoning, because the actual conclusion is that both xrp and link are unsuitable for these use cases, there's no magic that increases the price by orders of magnitude just to make it valid.

Maybe Chainlink hired the exact same marketing group that Ripple hired to develop the memes? That would explain everything.

>> No.14222780

>>14222518

What have you done in the past 2 years, anon?

>> No.14222785

>>14222709
NANO has been working for several years without any disruptions in consensus, fren.

>> No.14222788

>>14222768
a lot of effort to FUD there. You discord trannies must be bored

>> No.14222796

>>14222518
very nice toilet on this biche

i pay 10000 ruppee

>> No.14222808

>>14222788
You only got one part right, I'm bored
ripple memes are really almost identical though

>> No.14222813

>>14222767
cuckold

>> No.14222814
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14222814

These are your fudders

>> No.14222817
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14222817

Any of FUD of this type can now be dismissed with a single utterance:
>Google tho

>> No.14222855

Wut? Do you even know what you mean? Dags have no issues with consensus....

Nano for instance works 100x better than bitcoin

>> No.14222861

>>14222813
Because I find prime, busty, degenerate women desirable? Someone is projecting his porn fantasies.

>> No.14222864

>>14222785
yes, because they have centralized validators. All DAGs have to have centralized validators in one way or another

>> No.14222889
File: 975 KB, 1067x1102, 1553105458599.png [View same] [iqdb] [saucenao] [google]
14222889

>>14222817
fascinating

>> No.14222918

>>14222889
How is it comparable? Western union tried to use XRP and failed to see benefits. Moneygram was strongarmed into using the shitcoin
Google x chainlink is entirely consensual and mutually beneficial

>> No.14222921

>>14222767
>less than a mile away

my condolences anon

>> No.14222947

>>14222713
Same. Fuck, I can't accumulate linkies at this rate...

>> No.14222958

>>14222518
The real reason they fud is to protect their pathetic, weak, limp egos.
If they shill and arent successful, theyre more failures than they already are.
And they cant take one more failure in the litany of failure that is their pathetic meaningless lives

>> No.14222964

>>14222518
Heh heh I remember this pasta. Nice throwback, anon!

>> No.14222969
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14222969

>>14222889
Lol xrp fags stfu. Muh moneygram...

>> No.14222989

>>14222518
Omglolz the oracles aren't even decentralized? How will linkies ever recover?

>> No.14223003

That’s not how nano works. Anyone can run a node to verify txns. If you have nano in a wallet you can assign voting weight to any node you like. Nano doesn’t need central validators.....

>> No.14223016

>>14222518
Fucking street shitter pajeet fudder.

>> No.14223017

>>14222817
well like I said, Chainlink have amazing PR. They got Google Cloud to mention them, even though their product is vaporware. They also got Swift to mention them.

But it doesn't change the fact that I'm a dev, I read their white paper, I read their documentation on how their mainnet works, and it's not decentralized, and they have no specification on how they will make it decentralized.

Making decentralized sybil resistant reputation has never been done before, because it's super complex. So the fact that they barely mention this critical issue as if it was no big deal as "we'll solve it later" is an incredible red flag. Especially 2 years in.

>> No.14223018

>>14222518
2 years is actually pretty short for bringing the money of tomorrow.
t. no linker

>> No.14223022

>>14222768
>>I'm curious who they paid and how much to manage a PR campaign at /biz/. The marketing was absolutely brilliant. It's Ripple-tier hype and meme building and I mean that as a compliment. XRP is absolutely worthless too but its pumps have been insane.
This is what is going to get them shut down by the SEC
The reasoning is the exact same thing of brainlet backward reasoning, because the actual conclusion is that both xrp and link are unsuitable for these use cases, there's no magic that increases the price by orders of magnitude just to make it valid.

>>Maybe Chainlink hired the exact same marketing group that Ripple hired to develop the memes? That would explain everything.

I don't know but it's annoying. I'm thinking about reporting them to the feds, but what then?

>> No.14223050

>>14222518
I saw someone post this once, and I decided to copy paste it for Linkies:

>did the package arrive
should every ups guy get followed by a group of independent oracles? it's kind of pointless if every oracle just uses the same courier api.
>what's the cost of a barrel of oil
again, it's just using common public apis. just grab it from google lmao. this doesn't have to be decentralized.
>what was the rainfall at this location
again, all oracles have to trust the guy who actually gathers the data
>legacy systems payments
just let the banks themselves handle that

>> No.14223066
File: 250 KB, 480x360, 1558587374183.png [View same] [iqdb] [saucenao] [google]
14223066

oh it was xrp $589 EOY
memes are shitty, youtube reddit and twitter, but I guess xrp is mostly boomers
#xrparmy = link marines
>>14222918
google doesn't use link at all, it was a blogpost on how to use chainlink with google, that's an enormous but subtle difference.

>> No.14223069

>>14222518
Decentralized NEET nodes, in order for trustlessness to happen, need
1. Staking mechanism for collateral deposit, reward and penalty = not yet implemented
2. Reputation system, either by chainlink team or third parties = not yet implemented
3. Listing services and node marketplaces = linkpool working on it, clc as well I think and who knows who else
4. Easy and cheap access to premium APIs (ie per call pricing rather than subscription plans = honeycomb will be a dex for tokenized API calls)
5. Threshold signatures so decentralization will be affordable for the end user 5.
6. A solution like nodary for further defense against sybil attacks
7. Also need more maturity with TEEs and eth network, zkps, etc etc

In the current state of smart contract development and adoption, oracle decentralization is still too expensive and there are so few contracts being developed yet, in case you haven't been following the big picture, accord and openlaw and the legal entities and standards makers, the key ecosystem players like docusign, isda CDM, and daml, all the various cloud and BaaS giants, the eth scaling and privacy solutions, are all getting their ducks in a row but we haven't reached the ready stage yet. It's all taking shape in front of our eyes, and chainlink is, as it has been put so many times before, the missing link between all the players. Which is why the current slow mainnet rollout with a few trusted nodes being implanted is ideal, the market isn't ready yet and for now still favors trusted solutions, enterprises are only looking to dip their feet in the water, not ready to swim yet and trust is still what they seek and value. Once all the pieces fall together, you're gonna see some real shit. You don't even deserve to be spoofed this late in the game, but I know that even with spoon feeding the brainlets will not listen and miss out anyway.

>> No.14223092

>>14222518
More pics of pic related? Maybe a name?

>> No.14223119

>>14222518
>Chainlink is fucking amazing at public relation. They got mentions by Swift and Google, even though like I said, it's not decentralized, and doesn't even have specifications on how to make it decentralized. TWO FUCKING YEARS LATER.

Let’s not forget that Sergei obviously got rejected by venture capitalists with a vague idea of how such services would work, because they know it’s all dogshit, they know it’s not a money maker. That’s why Sergey’s only choice was to devise an illegal ICO fundraiser which has now permenantly ruined any hopes of legitimacy. He’s a philosophy major, he just wanted to make some cash and wing it on the whole development. Chainlink don’t have a working product. After 2 years they’ve produced a CS student’s fucking weekend project.

Let’s also not forget that Sergey owns 65% of the tokens and will basically give them all away. That’s if this whole project is even legit. The thing from the beginning just feels like a big string-along, it’s all mostly vapourware and I think Sergey is playing the slow and steady scam, like the fat walrus sloth he looks like.

>> No.14223168

>>14223017

do you have discord where we could talk

>> No.14223203

>>14223069
well it's been 2 years buddy, I'd like to see specifications for 1, 2, 3, 6. Those are incredibly complex problem to solve. Either you show me some specification, or you don't know how to do it.

It's like saying I built a spaceship to go to Jupiter, now I just need to solve how to achieve lightspeed, no big deal, we'll do that later, trust us. No thanks.

>> No.14223217

>>14223203
Elon Musk said he was building reusable rockets and everyone laughed at him lol

>> No.14223246

>>14223217
Elon Musk shows results after 2 years. Fat Russian fake techie does not.

>> No.14223278

>>14222518
Which projects do you believe are legit? You strike me as an all-in BTC type of guy.

>> No.14223292

>>14223217
I'm sure he had detailed and complete specification from A to Z to show his investors. Chainlink is missing specifications for critical parts of the projects... 2 years in.

>> No.14223300

>>14222861
No, because you self-insert into the female character, implying your progress along the path to sterilization is quite advanced

>> No.14223301

>>14223119
>>14223119

I am compiling images of all valid complaints against them and sending them to the SEC, please keep posting. We need to gas these faggots.

>> No.14223538

>>14222686
How much to sniff

>> No.14223563

>>14223301
This board has turned to shit since mid 2016, thanks mostly to rebbitor Linkfags with their cringey forced memes. It’s textbook rebbit behaviour. I cannot wait for the day that something hits these fucking idiots that finally invokes a response other than ‘weak fud lol’.

>Sergey owns 65% of the supply
>lol fud
>Chainlink is getting delisted from all US exchanges
>haha cope
>Chainlink doesn’t have a working product after 2 years and 32 million dollars
>nolinker
>Nobody is trusting a philosophy major with no tech background to make anything
>swingey linkey ropey pee pee poo poo
>LINK tokens are illegal to trade and are inaccessible by American citizens without jumping through hoops, how are companies supposed to use this
>you had a whole 2 years to accumulate faget
>Sergey Nazarov and his whole fakedev team just got hit by a meteorite and they’ve all vapourized
>im buying the dip

There is absolutely nothing, fucking NOTHING that you can tell a LINK holder that will make them have 1 neurone relay of thought about their ‘investment’. No matter what, everything is FUD, all is good, and Sergey is an infallible god. They will go down with the ship and call it a new submarine paradigm. They will cheer as it sinks.

>> No.14223576

>>14222518
bitcoin was not decentralized during its infancy either.

>> No.14223596
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14223596

>>14222518
ohone posters like me get to rotate the pic sideways

>> No.14223639

>>14223563
nolinker cope

>> No.14223640

>>14223563

because they're paid idiot. they're paid shills and the link team pays them. then other anons buy it up due to a lack of knowledge. i want to bust them.

i got booted off these boards because they cocksuckers weaseled me out. through a combination of paid posters, they took over the board.

give me a way to contact you.

>> No.14223654

>>14223576
>imagine being this fucking deluded

Yes retard in the first 3 days of Bitcoin the only guy who fucking knew about it because he made it was mining, Satoshi quickly got his program out and a few other NEETs started mining. Are you seriously comparing a week or two of mining to test the brand new network to TWO YEARS of fucking nothing?

You’re destined to be poor and dumb forever.

>> No.14223682

>>14223654
>a few other neets
Satoshi only let people he knew and trusted mine early.

>> No.14223688

>>14222518
sell when it goes up and take profit. dont be one of these idiots that artifically keep the price up by never selling. you need to cash out at one point or there will be heavy bags. link is nothing but pipedream right now and the chances that it fails for whatever reason are VERY high. Hype on this board wont tell you that but its not unlikely that this shit will go down to 0,30 once news break of major non-overcoming technological problems. You should never forget that this stuff is in DEVELOPMENT and there is literally no proof that it works or that IF it works that it works ECONOMICALLY, meaning with a profit. There's so many potential pitfalls you would be a total idiot just holding without the intention to ever cash out at least your initial.

>> No.14223704

Sorry. Didn't read a word of what you wrote. Was busy focusing on that bitch in the picture.

>> No.14223733

>>14223576
I have no problem with projects that are not decentralized but have precise plans (technical specification) on how they will arrive there.

Chainlink does not explain anywhere how they will magically solve decentralized reputation. It's mentioned in the white paper as an afterthought. As something "easy" that they'll just figure out later. When it's actually something that no one on earth has ever achieved.

What they explain in the white paper about reputation is vague, and not sybil resistant.

It's been 2 years. Show me your ground breaking decentralized reputation design, or you don't have it and you're just buying time before you get exposed for not being able to solve this extremely complex problem.

>> No.14223838
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14223838

>>14223640
>because they're paid idiot

I forgot the astroturfing aspect. Pic related shall never be forgotten.

>>14223682
You mean to tell me he didn’t walk up to random people on the street and ask them to mine the world’s first currency that solves the doublespend problem digitally? You mean he actually just hit up some of his mates who actually knew what this program was? Why didn’t he get people mining who were Art majors who hunt and peck at the keyboard? I find it so strange that Satoshi only showed this beta software to people who understood software for a second opinion.
Neck yourself.

>> No.14223843

>>14223733
Fuck off this board you dirty pajeet fudder
All you can do is those lame old fud copypastas

>> No.14223905
File: 81 KB, 623x640, 1555054275830.jpg [View same] [iqdb] [saucenao] [google]
14223905

>>14223596

>> No.14223944

>>14223733
Google seem to be satisfied with what they see in this regard

>> No.14223960

>>14222518
Some fucking idiot had the nerve to say chainlink isn't a speculative investment. I don't hate linkies but jesus fucking christ the delusion.

>> No.14223980

>>14222518
>2019
>still bringing this level of fud
Try harder next time

>> No.14224024
File: 966 KB, 1125x1406, 7159FCC4-AD12-4FE5-9403-F8F6609E8DEF.jpg [View same] [iqdb] [saucenao] [google]
14224024

https://medium.com/@AlexCookFinance/chainlink-link-crypto-no-nonsense-realistic-valuation-11-304b925964e6

>First, the notional value of the OTC derivative market is not a good measure of how much LINK could “capture” as a market cap.

>Point being, it is a true that the OTC derivatives market has a notional value of multiple trillions, but this massively overstates the net payments in that market.

>Moreover, the net payments aren’t relevant to LINK either. Smart contracts can be done with or without LINK. LINK is purely the means for connecting data to the smart contracts.

Delusional Stinkers and their quadrillion dollar market cap BTFO.

>> No.14224029
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14224029

>>14223301
Good evening, Craig.

>> No.14224038

>>14222518
chainlink is a security because you have to stake link to run a node which gets put into a common enterprise, and then node owners get paid out from that common enterprise. also this common enterprise is used to maintain the network - so it is 100% a security.

>> No.14224044

>>14224024
quit posting this everywhere no one cares what this literallywho thinks

>> No.14224062

>>14223944
Like I said Chainlink are amazing at PR. I have no clue how the hell they land those mentions from companies like Swift and Google. But it is certainly not from merit.

>> No.14224080

>>14224029
who?

>> No.14224130

>>14224062
What if you are wrong in the end? If aergey has all the solutions but reveals them after all big partnerships (ofc shows the solution for only the companies)

>> No.14224151

>>14224062
idea chainlink has is good and hits a lot of triggers. most people don't see beyond that and don't get the enormous technical challenge thats behind it. and also that in the end this all needs to be economically regarding a PROFIT for customers using it. there's a high chance link will fail, especially with BSV now on the field as well. it may rise to 10,- one day cause there are enough idiots hardcore bagholding but at the end of the day hard fundamentals decide what its worth (=does it deliver, is it efficient?). the chance that link goes sub 30cent in the long run or lower is very high.

>> No.14224194

>>14224038
An ILLEGAL and unregistered security registered in the Caymen Islands. Yes big success one day. Very much mainstream adoption sirs.

I swear, that 32 million that fat walrus made is most likely used to hire digital artists to draw cringey Pepe link shit and high grade English speaking pajeets who did an online economics course to shill. Something very synthetic and amplified artificially, nothing else has ever been like that here. I wonder how many millions he’s spent on memes.

>> No.14224231

>>14224062
>>14224151

I could care less about the technical challenges.

The shady way the snake sergey has dusted this board, stolen people's wealth and continues to have paid posters here is what's getting to me. I don't care if your project fails, it's the way he made other people fail is what gets me. And that's why chainlink needs to go down.

>> No.14224277

>>14224151
If such a system ever wanted to be successful, it would have to be essentially free and make zero money for anyone involved, forever. If it wants to make money it can’t succeed because of the legal hurdles involved that have been mentioned ITT. A fucking pipe dream from a philosophy major. Got to ask yourself why no one else is bothering with given the massive attention that smart contracts have gotten these days. It’s not under the radar, this isn’t ‘stealth phase’. Decentralised oracles are a shit idea that nobody asked for, and when presented with them nobody still wants. Believe it or not, big business doesn’t care too much about smart contracts. Turing complete smart contracts are a timebomb (the DAO) and nobody wants to touch them. Non-Turing complete smart contracts, ie the ones that will actually be used don’t need complex blockchain feeding mechanisms. The simpler smart contracts haven’t even been utilised at 0.1% by enterprise yet.

>> No.14224307

>>14223640
>give me a way to contact you

biiz@protonmail.com

>> No.14224325

>>14224062
>I have no clue how the hell they land those mentions from companies like Swift and Google
They either have an outstanding service, or they are geniuses of salesmanship.
both are provide sufficient proof of investability.

>> No.14224353

>so much effort-posting FUD on chainlink
>complete with thot-posting
FUD schizos in full panic mode

>> No.14224357

>>14224130
I've already considered that he could be hiding the specs but in my opinion it's unlikely because it's not advantageous.

If you were proud and secure of your specs, you would show them to the public and let them challenge you on it / help you find flaws. The only reason you would hide them is if you knew it would expose you.

Assuming they were good, making them public would attract more attention, more respect, bring more and better devs to work for you, as well as bring more investors and bigger community.

>> No.14224364

>>14222666
Holy niggerballs batman.

All in anon

>> No.14224371

>>14224357
Google sees what' they know as sufficient. Can't have a better endorsement.

>> No.14224449

>>14223838

Salty no linker cope.

>> No.14224493

>>14224357
Explain partnerships with google and other recent stuff ie. Salesmanforce.

You might get me sell my links

>> No.14224537

>>14224371

not an endorsement nigger

>>14224493

Not partnerships, its' a blog saying you might, keyword, MIGHT be able to use this tech with the ethereum chain.

not a partnership, not an endorsement, just a literal blog post.

again, all talk

>>14224307

check it

>> No.14224549

>>14224371
Well, you are wrong. Let me debunk that blog post for you, as I am a dev and use Google Cloud daily.

First of, it's not Google. It's Google Cloud. It's not even Google Cloud, it's whatever tiny department of Google Cloud writes those obscure blog posts. I use Google Cloud daily yet I've never seen they had a blog.

The blog post didn't even have any technical detail or code in it. It's very likely that the person who wrote this article is not a developer at all as it contains no code. It's basically a marketing article to promote Google Cloud services.

It's very likely that that the people who approved this article have not read the white paper, or the Chainlink documentation. It's very likely that only 2 or 3 people, who are all non developers, wrote and approved of this article.

It's also very likely that someone at Chainlink worked with someone in the Google marketing department to coordinate this article together, because that's how PR and marketing work usually.

So if to you "Google" means 2-3 guys who are not developers, but work in the Google Cloud marketing department, then sure "Google" endorsed them.

But then again this is the genius of the Chainlink marketing. They got a mention on some obscure blog in some tiny Google Cloud department and now everybody thinks they are partnered with Google, when it is very clear they are not.

>> No.14224575

>>14224549
I am a lead dev of a google cloud team and we religiously watch the google cloud blog because it's a big deal

Also:
>google cloud isn't google
Top fucking cope kek

>> No.14224746

>>14224575
what's your point?

Google Cloud is not Google, it's a different department.

And I bet that 0.000001% of Google Cloud customers have ever even checked the blog a single time. I never have.

It doesn't change the fact that the person who wrote the article is most likely not a dev, and there's most likely not more than 2-3 people who double checked it.

Those 2-3 marketing people do not represent an endorsement from Google the company.

Again the fact that Chainlink got this mention is genius PR placement, but in no way does it represent actual Google endorsement.

>> No.14224976

>>14224549
The person who wrote the blog has a PhD in bioinformatics and spends a large chunk of his day writing code. Just go on YouTube and search for his Epicentre interview. You didn’t research SHIT. This is about monetizing private data held in their data centres. This is literally FUD. Go fuck yourself. You can’t even win fairly in life. Disgusting.

>> No.14225026

>>14224746
>2-3 marketing people
It was ONE person who wrote the post. And you don’t know shit about google cloud you fucking disgusting FUDDER. Do you know how many of your apps run in Google Cloud? Dropbox is entirely google cloud. There’s so much data that they can’t sell because there’s no way to transport it without getting around the privacy/legal aspect of it. That is where SGX comes in. Encrypted AT REST and hidden IN TRANSIT. Unironically you represent the worst in this world.

>> No.14225056

>>14224746
The Google cloud twitter account has nearly a million followers. But honestly this is the best attempt at fud in months. I applaud the effort.

>> No.14225115

>>14225026
>Encrypted AT REST and hidden IN TRANSIT.
In transit to where?

>> No.14225124

>>14224976
>>14225026
It's not because it shows "author" of the article that is means they wrote it alone, or even at all. And if no one else double checked it, it's even worse. It means a single person endorsed this, not "Google".

>> No.14225164

>>14223069
Thats why it’s so cheap right now you faggot
Linkmarines dont give a fuck wether you buy or sell this shit. We have been getting fud for the past two years and OP looks just like those hot 20 yo thots that acts like fucking princesses that know how everything should work.
For anons reading this OP is literally a fucking buy signal. We have been to $2.07 and the ride is not over. June is not even finished and namedropping chainlink by corporations randomly is going to happen again and again.
OP is fearful because he has not following the team from the start.
You don’t know Sergey and how the team works.
Building a standard isnt just initializing a golang app in a folder and writing two functions.
Quit barking OP, chill and make up your mind, if you havent reached at least 10k you buy more, or just sell everything and set filters on biz.

>> No.14225176

>>14225056
What's your point? You think the person posting on Twitter read the white paper and knows Chainlink is centralized? You think this intern and the 2-3 marketing people who approved of posting represent Google as a company?

The only people at Google who are aware of Chainlink are 2-3 marketing people in the Google Cloud department, nothing more.

Is Sergey a genius to have been able to get in touch with those people? Yes. Is it still vaporware? Yes.

>> No.14225188
File: 15 KB, 251x242, peplaugh.jpg [View same] [iqdb] [saucenao] [google]
14225188

>>14222713
>jacking off at work again
>again

>> No.14225207

>>14225164
>Building a standard isnt just initializing a golang app in a folder and writing two functions.
Indeed, writing a standard means writing specs from A to Z. Which Chainlink have not done. Chainlink actually just initialized a golang app in a folder and wrote two functions.

>> No.14225286

>>14225164
>Thats why it’s so cheap right now you faggot
>$1.8B
>cheap
SpaceX was valued at about $1.3B in 2012, that's after they developed Falcon 1 and Falcon 9 and launched them several times.
Chainlink today is literally a json parser with kyc.
There are no logic that can justify its absurd overvaluation.

>> No.14225302
File: 18 KB, 514x640, 1560798272880.jpg [View same] [iqdb] [saucenao] [google]
14225302

>>14223733
>It's been 2 years
It's been like 2 weeks since mainnet launch. Imagine coping this hard.

Btw buy back in for a small loss while you can. We're not going lower.

>> No.14225380
File: 1.12 MB, 365x205, FuckYouEric.gif [View same] [iqdb] [saucenao] [google]
14225380

>>14223022
>>14223168
>>14223301
>>14223640
>>14224231
>>14224537

>> No.14225385

>>14225302
well they call it a mainnet, but it's not really. Their product is decentralized oracles. Their mainnet is not decentralized.

Not only that, they have not released any precise technical specifications on how they will make it decentralized, which is a strong indication (99% chance) that they just don't know how.

And it's not a problem that you fix in 2 weeks. Decentralized reputation has never been done anywhere, because it's that hard.

>> No.14225419

Thank you for the information. I have just sold all my chainlink. Whew, that was a close one

>> No.14225434

>>14225207
At least check their website and set up your own node before undigging that jasor parson fud.

>>14225286
You don’t understand. Even when it all happens you still won’t understand. You will never get it.

Im out, much love to yall, lets talk again in a few months

>> No.14225463

>>14223168
Just sent you PM

>> No.14225480
File: 52 KB, 635x523, 1558144793037.png [View same] [iqdb] [saucenao] [google]
14225480

>>14225385
Let me guess, you fell for the $1000 EO 2019 memes? If you were here for the early threads with actual discussion EVERYONE already knew that building the network and making it decentralized would take time. It was not a piece of cake, if it was, there would be a million decentralized oracle tokens.

The oracle problem is a serious one (it's quite literally the key to giving crypto actual use case) and right now chainlink is the farthest ahead of anyone else. Give me a better decentralized oracle to invest in and I would; doesn't exist though.
I don't mind waiting another 2, 3, fuck it 4 years if need be. Smart contracts are the future of finance. This newfag influx lately is honestly cringe but at least it's a bullish sign.

>> No.14225512

>>14225176
How pathetic is your life that you spend your afternoon arguing with people on a Haitian bread-basket making forum.

Have sex incel.

HAVE SEX.

Its pretty simple you see. This is how a market works. You have buyers and you have sellers. Some people believe in a specific company/project's potential, others don't. The ones who do, buy. The ones who don't, don't buy.

But wht you're doing here isn't simply an honest exercises in due diligence. Your mind is already made up yet you continue to blast post's off one after another like an autistic child who's momma just took his candy away.

You are literally having a hissy fit.

Relax dude. Enjoy your life. If you like link, make your bed and sleep in it. If you don't, move on with your merry little life.

>> No.14225539

This turns me on because I could actually reach her pussy with my tiny penis.
Thats what I hate about brappers, I could never get the puss through all the assmeat.

>> No.14225565

Just sold my suicide stack OP, thanks for telling the truth for once on this scam board.

>> No.14225579

>>14225434
>At least check their website and set up your own node before undigging that jasor parson fud.
I read the docs and I'm a developer. I understand how it works. All I see is that there's no way to choose or trust an oracle decentrally as either a user or smart contract developer, which pretty much makes Chainlink centralized, and pointless.

And there's no explanation on how they will actually make it decentralized. The info in the whitepaper is completely insufficient.

>> No.14225618

>>14225480
well it's been 2 years and they've made 0 progress on the only difficult problem to solve... decentralized reputation. Making some distributed oracle node thing is pretty easy.

So at this rate in 1000 years you still won't have decentralized oracles.

>> No.14225628

>>14225463
what?

>> No.14225658

>>14225579
Thank you for such insightful insights. I really appreciate the time you have spent uncovering all of these problems that somehow slipped through the cracks.

I will be selling my entire stack now after holding since the ICO. It's unironically over. Thank you for doing the needful and saving us from ourselves.

We are truly blessed to have you.

>> No.14225660

BSVbros, can someone point me back to the discord? i lost the link

>> No.14225676

>>14225658
cringe

>> No.14225718
File: 79 KB, 640x640, 1560707751024.jpg [View same] [iqdb] [saucenao] [google]
14225718

>>14225618
>0 progress
I mean we don't know this at all. They tend to keep the more important things under wraps, just like how they announced mainnet out of the blue. There's little reason why they would announce this kind of stuff publicly, especially if it is a tough problem to crack. It hasn't really been 2 years considering mainnet has been out 2 weeks. I almost really doubt you've read the whitepaper considering it even says that mainnet would launch with minimum features.
Go ahead and FUD more, but I'm comfortable waiting a few more years if need be. No one is ahead of Chainlink, nor could anyone jump in and make something better in a shorter amount of time. Building reputation and a secure network takes time, regardless of the money you may have access to. Chainlink is the industry standard as things are.

>> No.14225721

>>14225618
Google thinks otherwise

>schizo repeating the same rebutted shit over and over again
Looks familiar

>> No.14225755

>>14225718
holy fucking redded and basepilled

>> No.14225796

>>14222518
Lol at least try to sound intelligent ffs

>> No.14225886
File: 298 KB, 1077x1242, Allen day.jpg [View same] [iqdb] [saucenao] [google]
14225886

>>14224549
Day and lead developer Evgeny Medvedev began introducing blockchain technology to Google last year, when they added data from the bitcoin and ethereum blockchains into BigQuery. They followed that up by making data sets for bitcoin cash, ethereum classic, litecoin, zcash, dogecoin and dash this year along with more tools for how to use them.

Day’s official title is senior developer advocate for Google Cloud, but he describes his role as “customer zero” for the company’s cloud computing efforts. As such it’s his job to anticipate demand before a product even exists, and he thinks making the blockchain more accessible is the next big thing.

Last year Day and a small team of open-source developers quietly began loading data for the entire Bitcoin and Ethereum blockchains into Google’s big-data analytics platform, BigQuery. Then, with the help of lead developer Evgeny Medvedev, he created a suite of sophisticated software to search the data.

In spite of a total lack of publicity, word of the project spread quickly among crypto-minded coders. In the past year, more than 500 projects were created using the new tools, trying to do everything from predicting the price of bitcoin to analyzing wealth disparity among ether holders.

Before Day and Medvedev released their tools, just searching a blockchain required specialized software called “block explorers,” which let users hunt only for specific transactions, each labeled with a unique tangle of 26-plus alphanumeric characters. Google’s Blockchain ETL, by contrast, lets users make more generalized searches of entire ecosystems of transactions.

Just the intern huh?

>> No.14225902

>>14225721
I've proven beyond a doubt that Google does not think otherwise

>> No.14225910

>>14222518
carpet like this in your house is peak americuck.

>> No.14225921

>>14225718
>Chainlink is the industry standard as things are
It certainly is not. It doesn't even have a working product that is decentralized.

And hiding specs would make no sense, so it's pretty unlikely.

>> No.14225941

>>14225902
You're speculative dribble doesn't bend reality. Google is all-in

>> No.14225971

>>14225886
what's your point? Being a developer advocate is not an impressive title. It's basically tech support / salesman.

If this guys "endorses" Chainlink it really doesn't mean much. And in not way does it reprsents Google as a company.

>> No.14225996

>>14225941
I have proven beyond a doubt that they are not.

>> No.14226033

>>14225996
>denies reality
schizo link FUDders lost their their wits

>> No.14226061

>>14225971
>salesman
selling google products using chainlink. One couldn't even imagine of a better endorsement for chainlink

>> No.14226116
File: 10 KB, 235x232, d85d42d6764d293cb86346c572ce80ba.jpg [View same] [iqdb] [saucenao] [google]
14226116

>>14225996

>> No.14226117

>>14226061
Not really, it's one guy, not Google itself. Maybe it was reviewed by 2-3 editors before it got the OK. Definitely not an endorsement from Google the company.

>> No.14226127

>>14223050
I'm bearish on chain link and Oracle services in general but any automation engineer can brainstorm solutions to these problems pretty quickly.

>did the package arrive
should every ups guy get followed by a group of independent oracles? it's kind of pointless if every oracle just uses the same courier api.

Just put a wide radius identifier rfid chip on every package and employee, install a scanner on every vehicle, automated queries log who moved what out of the vehicle. Database can then be queried by other third parties.

>what's the cost of a barrel of oil
again, it's just using common public apis. just grab it from google lmao. this doesn't have to be decentralized.

Agreed here partially but Google does usually just post the forex spot price. There could be a real world application in specifying the price of a physical barrel of oil depending on geolocation.

>what was the rainfall at this location
again, all oracles have to trust the guy who actually gathers the data

More people can collect data than one guy and more people collecting data means greater concensus though, potentially better than low volume of authoritative reports from politicized bodies.

>legacy systems payments
just let the banks themselves handle that

Yeah no company is putting their corporate data decision making in the hands of a third party. Too easy to get fucked over.

>> No.14226186

>>14222518
Hhhnnnnnngggggg

>> No.14226191
File: 358 KB, 1080x1610, Google blockchain big data.jpg [View same] [iqdb] [saucenao] [google]
14226191

>>14225971
He literally runs their blockchain big data strategy team, created their first blockchain software etc stay dumb

>> No.14226212

>>14222686
jesus h...

>> No.14226227

>>14226117
>Google employee doesn't represent Google while writing articles for Google

>> No.14226250

>>14223050
>again, it's just using common public apis. just grab it from google lmao. this doesn't have to be decentralized.
>I have no clue about what I'm talking about
>like, at all
>probably don't understand what a smart contract is

>> No.14226275
File: 213 KB, 480x322, LinkyMoony.jpg [View same] [iqdb] [saucenao] [google]
14226275

>> No.14226302

>>14226191
>>14226227
Google has 100,000 employees. This is a random guy from a tiny department. He does not represent Google. Like I said, probably less than 3 people have reviewed the blog post.

>> No.14226309
File: 43 KB, 857x701, brainlet microwave.jpg [View same] [iqdb] [saucenao] [google]
14226309

>>14225176
>You think this intern and the 2-3 marketing people who approved of posting represent Google as a company?
Yes anon, that is how "official company accounts" work. Welcome to the internet.

>> No.14226341

>>14226302
It's a public facing article, therefore under scrutiny of the marketing department. it is the official stance and voice of the company.
to believe otherwise, is to believe Google doesn't do marketing or public relations

Have you ever had contact with a large corporations? Apparently never,

>> No.14226344

>>14226309
It is actually how it works. The marketing department of Google Cloud is probably pretty small. Interns usually run twitter accounts cause it requires literally no skills.

>> No.14226360

>>14225176
>has working product
Not vaporware

>> No.14226362

>>14226341
>it is the official stance and voice of the company.
Absolutely not. Those blog posts and twitter posts are completely inconsenquential. I didn't even know they had a blog and I use Google Cloud every day.

>> No.14226376

>>14222767
fake and gay

>> No.14226378

>>14226360
it is not a working product. It is not decentralized. They raised 32mil for decentralized oracles. Not centralized oracles that I can make in 5min

>> No.14226392

>>14226302
go on, say it. CL is a 2 man team that just hired jason parser. thats all i hear.

>> No.14226409

>>14226344
>It is actually how it works
Yes that is what I said. Congrats on agreeing with me.

>> No.14226411

>>14226362
Thank you for confirming what I said. The fact that you don't know they had a blog doesn't make it either inconsequential or not a public statement of the company.
It's just proof of your ignorance

>> No.14226439

>>14223017
I assume they are planning on how to make it sybil proof. I also expect their plans to be kept mostly confidential since (and this may be hard to grasp) you don't want to give malicious actors more time to plan how to conduct a successful sybil attack. The team has done a no flash job so far of releasing the product. Mainnet is live and nodes are coming online. Your FUD is shit and you should consider killing yourself.

>> No.14226481

>>14226344
>probably
nice speculation there. It's blatantly false. You have absolutely no clue how giant corporations work

>> No.14226489

>>14226409
that is not what you said. I am correct, you are not
>>14226411
no, it proves yours. I am correct
>>14226439
>mostly confidential since (and this may be hard to grasp) you don't want to give malicious actors more time to plan how to conduct a successful sybil attack.
that's not how code works. you release your specs as early as possible so people can do audits on it. Hiding it until the last minute only makes you more vulnerable. No one with a brain would ever do that.

>> No.14226511

>>14226481
yes I do. You don't

>> No.14226535

>>14222518
To be honest, devs know fuck all about how the world works, so your opinion is useless. You can't see the bigger picture. It's why wozniak is poor comparatively. It's why you don't remember the other guy from Wham!'s name. You have no clue how the world works, you just know how computers click and you have no idea that other people are smarter than you. You are a fucking expert beginner.

>> No.14226536

>>14226489
>I am correct
cool story schizo

>You release your specs as early as possible
>retarded simplification one-size fits all style
>Never even read on how software development works

>> No.14226544

>>14225718
>They tend to keep the more important things under wraps, just like how they announced mainnet out of the blue

Stopped reading there. What the everloving fuck are you talking about? They set a date 2 weeks in advance and this whole board wouldn’t stop frothing about MENNET MENNET MENNET MENNET for weeks. Retard.

>> No.14226562

>>14226511
You used toe word "probably". You'll deny it because you're divorced from reality, like all schizophrenics

>> No.14226580

>ITT: arguing with schizophrenics

>> No.14226609

>>14226562
>>14226536
your semantics and insults don't help your case. I've already proven my point beyond a doubt with facts, which I'm not gonna repeat. You can scroll up and read them if you want.

>> No.14226611

>>14225718
>I'm comfortable waiting a few more years if need be
>a few more years
>missing out on legitimate investments because your ERC token might go up to $5

LMAO holy shit, you’ve really taken the bait hard.

>Chainlink is the industry standard as things are
>industry that doesn’t exist
>standard from a service that isn’t operational

Enough of the pseudo-intellectual babble like you linkfags spew every day. You’re deluded and stupid. I’ll enjoy your pinkest wojaks soon.

>> No.14226613
File: 42 KB, 645x729, brainlet selfie.png [View same] [iqdb] [saucenao] [google]
14226613

>>14226489
Me:
>Yes anon, that is how "official company accounts" work.
You:
>It is actually how it works.
Also you:
>that is not what you said.

>> No.14226643

>>14226609
No facts, just speculations and false assumptions about how google-scale corporations work. Haven't used a single fact to prove your point successfully.
In the meantime, Google publicly endorsed Chainlink via a public communication channel that counts as the marketing arm of the nation-level company

>> No.14226661

>>14226613
I don't really care about semantics, I'm here to demonstrate that Chainlink is not decentralized, and I've done that.

>> No.14226666

>>14226611
>standard from a service that isn’t operational
It is operational schizo. You're delusion doesn't make mainnet non-existant

>> No.14226672

>>14226489
Thats not how code works but thats how game theory works and at this point reputation and sybil prevention is not just code but game theory as well. If they need X amount of nodes to be honest before attempting decentralization they aren't going to make those calculations public before they achieve that degree of security.

>> No.14226681

>>14226643
>In the meantime, Google publicly endorsed Chainlink via a public communication channel that counts as the marketing arm of the nation-level company
I've proven that they haven't, with facts.

>> No.14226695

>>14226661
you've failed because chainlink is decentralized
>que a completely magical definition of decentralization that suits your non-argument, not congruent with the consensus definition of the word

>> No.14226698

>>14226309
Listen retard. Google is a very loosely controlled company. You’re not talking about fucking Apple here with anal control and micromanagement of every employee. Google employees get to do whatever they want most of the time as long as they do their main work. Google employees are fucking trannies and homosexuals spewing their gayshit all over Twitter, Google doesn’t care. Google is not the company you look to for consistency. Trust me, nobody outside of that guy’s office knows or cares about DrainLink. You don’t know much about how each tech company is structured nor do you know specific company politics.

>> No.14226715

>>14226681
I've provided facts. You just said you used them.
You are not credible.

>> No.14226717
File: 18 KB, 600x600, e9d.jpg [View same] [iqdb] [saucenao] [google]
14226717

>>14226613
If you are really as smart as you say you are, then why are you bothering to stop by and talk to the koolaid drinking crowd? It's not like we've lost any money so far, so why bother trying to argue this. Maybe it drops 10%, maybe it drops 50%. We're linkmarines and we aren't selling. We have been ridiculed and mocked all the way along this ride. There has been opportunity loss. But we believe in a project and the ramifications of what that project could possibly deliver. I don't think you're going to talk anyone out of owning a small fraction of what people believe is the future.

>> No.14226720

>>14226672
no, it's not how game theory works at all. If they need x amount of nodes they can easily do PoA for a while. There is absolutely no scenario where open source p2p programs should be released later to prevent sybil attacks. It's the complete opposite. You want it in the open asap so that you can fix it.

>> No.14226738

>>14226695
>>14226715

>> No.14226741

>>14222518
>I've proven
>I'm correct
>I used facts
You do those things, by actually doing them, not asserting you did.

>> No.14226749

>>14226661
>I don't really care about semantics
It's not semantics you fucking mongoloid it's basic child-level reading comprehension.

>> No.14226766

>>14226666
Waste of quads but checked nonetheless. You call that operational? It’s fucking beta stage. The grand visions you retards had about chainlink, they cannot be carried out right now, so no, the Chainlink network is NOT operational.

>> No.14226767

>>14226741
I have in this thread, you can go back and read it. I have proven all my claims beyond a doubt. I'm just not gonna repeat myself.

>> No.14226782

>>14226720
>Not making any arguments on your own
Good to know you aren't able to respond, given your lack of fundamental game theory and p2p software knowledge.

>> No.14226796

>>14226767
You've proven fuck all. You're totally emotional, which is why we shouldn't even engage you on a technical level.

>> No.14226800

>>14226767
>I'm just not gonna repeat myself.
Can't repeat what you didn't say. You were proven incorrect and a blatant lie multiple times

>> No.14226818

>>14222518
>FUDders were proven to be blatant misinformation and semantics arguers
Continue their forceful, delusional assertions to the contrary
>Never provide proper arguments

>> No.14226819

>>14222518
Chainlink = Chinklain

Beware..

>> No.14226824

>>14226796
I have proven it, just go up and read
>>14226800
nope, all facts and logic only

>> No.14226864
File: 29 KB, 250x161, Screenshot_2019-06-19 biz - Business Finance - 4chan.png [View same] [iqdb] [saucenao] [google]
14226864

>>14226824
>no facts, logic.
As always.

>> No.14226878

>>14226824
bet
probably
0.000009%
Yawn, I read it all. It was more maggot than meat.

>> No.14226904

>>14226878
>drunk enough to forget to green text
well it was fun anyway.

>> No.14226909

>>14226864
>>14226878
thanks for bumping the thread about 30 times guys, I'm trying to demonstrate that Chainlink is not decentralized to as many people as possible

>> No.14226912

>this ruins the schizo FUD narrative
>makes the schizo FUDder rock in his chair and shout at the wall about how tactful and correct he is
>the wall is stained with shit, but he doesn't mind. He's full of bullshit after all

>> No.14226927

>>14226909
You failed because you dind't provide any arguments, facts or even rudimentary logic despite the entire thread asking you to.

>> No.14226937 [DELETED] 

>>14226878
>schizo word salad
as expected

>> No.14226941

>>14226927
well I'm not trying to convince you, you don't understand logic, I'm trying to convince the smart people. And I have

>> No.14226973

>chainlink is a glorified json parser no tech giant woupd use over something internally developed, it would be done in a week
>chainlink has yet to solve issues that they haven even specified an approach to, itll take years for it to be ready, if ever
hmmm

>> No.14227003

>>14226720
If you have a plan (that you've run by mathematicians and experts in the field) and it requires certain number of nodes, reputation system, or whatever to function then there is an advantage in keeping that secret until you have achieved that security (also you can test the mainnet in other ways while you wait). You ensure that you have everything that is needed for security is already programmed and established before you let the public verify your work. The difference is essentially this:

1. "we need at the minimum 500 honest nodes before we let the next 500 nodes anonymously join the network according to this whitepaper and the calculations within"

2. "We have achieved the 500 honest nodes we needed and are preparing to let the next 500 nodes anonymously join the network according to this whitepaper and the calculations within"

one of these gives malicious actors more time to scout and exploit vulnerabilities that are not yet secured. You can still leave plenty of time for public audits before you let the code go live.

>> No.14227014

>>14224537
>"here's how to use chainlink with bigquery"
>not an endorsement
They endorsed Chainlink as a valid approach to incorporating BigQuery data into your smart contracts

>> No.14227037

>>14226973
google is not using it. the blog post demonstrate how it would work if a random person used it. It's actually a great example of shilling their own services. Google the company is not using it.

For example, Google uses Linux, cpp, Java, Docker, Kubernetes. It does not use Chainlink.

>> No.14227071

>>14227003
>If you have a plan (that you've run by mathematicians and experts in the field) and it requires certain number of nodes, reputation system, or whatever to function then there is an advantage in keeping that secret until you have achieved that security (also you can test the mainnet in other ways while you wait).
There is no such thing as a reputation system that would require 500 nodes to be secure. It makes no sense. Also like I said, you could just do PoA (proof of authority) for 500 nodes until you have them. Your excuse for keeping the specs secret is invalid.

>> No.14227075
File: 78 KB, 1754x647, greentext.png [View same] [iqdb] [saucenao] [google]
14227075

>>14226937
Yeah, sorry, I was on your side. My lack of an extension made greentext pretty much impossible. it did seem like word salad, but I promise I've taken my pills.

>> No.14227079

>>14225286
>this is reality
>going by my facts, it cannot be explained
>therefore youre wrong
Nice

>> No.14227097

>>14227014
I agree that the person who wrote the blog post endorses Chainlink. But this person does not represent Google the company. Google has 100,000 employees. I bet less than 3 people reviewed the article before publishing.

>> No.14227102

>>14227037
You're correct. Google endorses it with full power of their public image. Couldn't imagine a more powerful partnership

>> No.14227122

>>14227102
this is false, I've proven it many times.

>> No.14227133

>>14225618
>Decentralized reputation being difficult to solve
Pretty sure the left have this one nailed. Just needs to hire some blue haired chicks who previously worked at google and it is all wrapped up, mate.

>> No.14227137

>>14227071
>Your excuse for keeping the specs secret is invalid.
You're analysis of the system is proven incorrect by the Google endorsement. You can't see the correctness of the approach because you have no experience in software development, as you've shown more than once

>> No.14227157

>>14227071
I was just making a shitty example of why you want something already in place before it becomes public knowledge. I fail to see how proof of authority is any better than what they currently doing.

>Your excuse for keeping the specs secret is invalid.
It gives malicious actors less of an opportunity to exploit vulnerable stages of the project without decreasing time available for public scrutiny. Your argument is literally:

>Hur dur secrecy has no place in game theory at the moment because...i said so

>> No.14227158

>>14227122
You were asked by every person in the thread to back your statements. You failed to do so.
Don't lie

>> No.14227185

>>14227157
No that's not really how software works. You want the bugs to be open asap so you can fix them before production. You don't hide your specs and let the bugs be found in production later.

and by bugs I also mean game theory bugs

>> No.14227197

>>14222518
>It's not decentralized. There's no way for me to chose a provider except by its KYC, which is centralized by Chainlink itself
>The actual decentralized reputation strategies explained in the white paper are completely insufficient. It is fucking outrageous that they do not have exact specification for it 2 years later, let alone have started implementing it.

decentralization is a meme. chainlink is lightly decentralized in that the nodes are not centrally owned and operated. it won't be decentralized in the same way that bitcoin is decentralized.

for example
centralized - seeing one doctor
bitcoin decentralized - seeing a bunch of random doctors
chainlink decentralized - seeing a few reputable doctors

KYC is necessary for now because there is no reputation, but there's no reason why reputation couldn't be a combination of the amount of link staked plus things which could be verified in a decentralized manner, for instance node uptime and jobs completed. nodes would keep track of each other's uptime and completed jobs, and even this wouldn't have to be fully decentralized.

>> No.14227207

>>14227158
thanks for keeping the thread alive by repeatedly bumping, thanks to you more people can know that Chainlink is not decentralized

>> No.14227208

>>14225996
You're not proving anything, you're speculating. Speculating that no one important at Google greenlighted the Chainlink article. You don't know the difference between a proof and a theory. Your arguments are worth consideration, but your conclusions are of no value.

>> No.14227214

>>14227185
What language do you work in?
What is your industry? (i don't mean computers, but if it is computers, that's fine)
How long have you been working with these languages?

>> No.14227218

>>14223017
You mentioned you are a dev twice now. Your arrogance will be your downfall

>> No.14227221

>>14227185
>game theory bugs
You don't understand game theory and software development, even on fundamental levels.

>> No.14227235

>>14227197
>but there's no reason why reputation couldn't be a combination of the amount of link staked plus things which could be verified in a decentralized manner, for instance node uptime and jobs completed. nodes would keep track of each other's uptime and completed jobs, and even this wouldn't have to be fully decentralized.
All those things are susceptible to sybil attacks. Buy 10000 link, split them into 1000 nodes, run them for a while.

And that's the only reputation system that is described in the white paper..... That's why it's vaporware.

>> No.14227253

>>14227218
If he is even a coder, he's the kinda coder that people hate. he's the mouth breathing kind that the bosses hired because they thought that the other coders aren't nerdy enough, so this guy "must be good". His English is good though, so I'll give him the benefit of the doubt.

>> No.14227259

>>14227207
Chainlink is decentralized. You were asked by every single person in this thread to provide evidence to the contrary and you failed. Just the facts, sorry if they offend you.
Glad to be able to put your non-arguments and plain old schizophrenia for all to point at and laugh. I assume you love abuse.

>> No.14227260

>>14227214
nodejs mostly
backend, dapps, ipfs, worked on a few ICOs
been programming since 2008

>> No.14227287

>>14227259
no I have provided evidence in my earlier posts, I just don't repeat the same thing twice. Only reason I keep replying to you is to keep bumping so more people can see my earlier reply and hopefully sell their Link.

>> No.14227295

>>14223066
Someone should look into that faggot bloggers bags. Odds are he's probably a LINK bag holder pumping his own bags with that post.

>> No.14227307

>>14227235
Then you lose your link. You maybe gain $2 while losing $20K.

>> No.14227314

>>14222518
I am also a Dev. KYC does not make this centralized from the perspective of a smart contract owner, that is retarded. Carry on.

>> No.14227320

>>14227235
It is a working product working as intended. Providing its service as it is supposed to do. To the level that gathers endorsements from Google-level companies.
those are just facts. That's unfortunate that you find them deeply offensive

>> No.14227333

>>14227185
ok I gotta go back to my example since you are clearly dumber than i thought and didn't get the purpose of it. Remember the difference is:

1. "we need at the minimum 500 honest nodes before we let the next 500 nodes anonymously join the network according to this whitepaper and the calculations within"

2. "We have achieved the 500 honest nodes we needed and are preparing to let the next 500 nodes anonymously join the network according to this whitepaper and the calculations within"

In one situation you have not yet achieved the 500 honest nodes needed for your system. This provides an opportunity for malicious actors to attempt to be considered one some of these honest nodes or target operators who will be considered honest nodes for malicious attacks. So if you need X,Y, and Z to be established before you proceed to a decentralized system you aren't going to reveal that until you've achieved it because it may allow very smart malicious actors to UNDERMINE THE PROCESS TO GET TO X,Y, and Z. Remember all of this will become public to allow for scrutiny

>> No.14227339

>>14227307
How? Is it a stake based vote? How is that gonna work out with Chainlink owning 65% of the supply? They can basically control the network as they want. Stake based slashing does not work.

>> No.14227348

>>14227295
.. and with Google's backing

>> No.14227351

>>14227260
Hope you fucked with some of those answers. Never tell 4chan shit.

>> No.14227364

>>14227287
Everybody is asking you for evidence since the start of the thread ... and you failed to provide it yet again. That's not healthy

>> No.14227385

>>14222518
You're a dev for chainlink? You're trashing a project that you've had a hand in? I don't believe you OP

>> No.14227389

>>14227333
Your premise does not make sense. There is no scenario where "you need 500 nodes to join first anonymously" otherwise it doesn't work. Logically there is no scenario where that would make any difference. In a p2p network, you're never connected to all the nodes at once, and you can easily lie about who you are, so age based things such as "the first 500" can never have any impact on security.

>> No.14227403

>>14226941
I hold more link than probably anybody in this thread, and I mostly agree with you.
I do think that a small amount of decentralisation theatre will tide Chainlink over until a game-theoretically sound solution can be developed, most likely requiring TEEs for truly secure high value inputs, but making use of less secure solutions for lower value, permissioned, or uncontentious inputs to grow network effects for the whole ecosystem.

>> No.14227405
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14227405

>>14222518
>dev here

>> No.14227415

>>14227287
You don't provide facts, you speculate. You have not proven "only 2-3 saw the article", you just said you *think* so. You then went on to lie to yourself, telling us and yourself you proved it, probably thinking "why would I be so sure if I hadn't proven it at some point?" The answer is that you're just deluding yourself, distorting reality.

You have not proven anything. The reason you don't "repeat" yourself is because you're afraid of scrolling up and not finding anything to repeat.

>> No.14227425

>>14227235
nothing is fully resistant to sybil attacks just like there is no such thing as an unpickable lock. what you can do is make it extremely difficult to effectively sybil attack, which is what chainlink will do.

>> No.14227435

>>14227364
not really, the only people asking have reading comprehension issues. I've clearly presented all my claims with facts and logic.

>> No.14227470

>>14227389
You are too focused on my dumb example (possibly because you are stupid). Your argument was literally "secrecy has no place in game theory because MUH BUGS." Focus on the following to argue against:

if you need X,Y, and Z to be established before you proceed to a decentralized system you aren't going to reveal that until you've achieved it because it may allow very smart malicious actors to UNDERMINE THE PROCESS TO GET TO X,Y, and Z. Remember all of this will become public to allow for scrutiny

>> No.14227469

>>14227403
I also think it can be developed somehow, but I'm not impressed by Chainlink's progress so far (tech wise, not marketing wise) so I doubt they will be the ones solving that problem

>> No.14227478

>>14227339
How does any company do this? Do you think there is one person in charge who says "block this account" when they're posting extremist shit, but also bringing in the big bucks? How is it you're able to see that chainlink won't work, but you're unable to determine exactly how this shit works within companies at present.
>3 or more nodes perform oracle function
>1 node has answer different to the other nodes
>the results are passed back to the provider of the information, with the nodes that provided the answers.
>answer was wrong, you block node and write that the transaction somewhere that others can read.
>cash from passing through of the right answer is continuous, cash from passing through of the wrong answer is lost.
This is really simple split brain resolution. You can only attack this type of thing once and you lose all you reputation, while the other nodes gain reputation for outing false results.

>> No.14227497

>>14227478
It's 1am here and I'm drunk, but this is really just resolving a split brain conflict. Once you have enough people competing for the incoming money it will all make sense. look at bitcoin, thanks.

>> No.14227502

>>14227435
You're literally sperging out on us. Are you shaking irl?

>> No.14227528

>>14227425
What what has been proposed in this thread is not resistant at all. Like it would get overrun by spam immediately and not function at all.

Some implementation of stake based slashing might potentially work, but also might not, what happens when there's a massive whale? Also The team owns 65% so they might as well be controlling everything. Plus how would it work concretely? Would it be fast enough? It's completely unacceptable that they took people's money without an actual design.

>> No.14227551

>>14222518
>I'm a dev,
You could've made this post without mentioning that.

>> No.14227564

>>14227389
Your argument means bitcoin is fucked then.

>> No.14227578

>>14225164
this should be the banner post in /biz

>> No.14227600

>>14227470
>if you need X,Y, and Z to be established before you proceed to a decentralized system you aren't going to reveal that until you've achieved it because it may allow very smart malicious actors to UNDERMINE THE PROCESS TO GET TO X,Y, and Z. Remember all of this will become public to allow for scrutiny
Why are you repeating the same thing over and over? I've already refuted your point. You want the community to see your code before it goes live, so you can fix it. That's a universal fact.

Go read back what I said about time/age based thing in p2p, anyone who knows p2p programming will understand. Not sure what else to say. You don't have the context to understand.

>> No.14227620

>>14225286
no shit. no one is saying its worth the price. you just trash it because it doesn't do enough. neither does a cup but they are everywhere.

>> No.14227622

>>14227528
Yet Google endorsed it.
You "analysis" is at fault. Not the system.

>> No.14227624

>>14227528
>Muh 51% attach
>Team owns 65%

Pick a side mate. The "devs" see your point and have already fixed it. Either complain about them owning 65% or complain about a "whatabout" with a massive whale who could be blown out at any point in time. Next.

>> No.14227641
File: 501 KB, 909x890, 1560547445423.gif [View same] [iqdb] [saucenao] [google]
14227641

>>14222767
femanon here,
can confirm. Not a lesbo but I do turn myself on a little. Especially when everyone's check me out. I love it. You make $1 for my $0.85 so deal with it.

>> No.14227645

>>14227564
not really, bitcoin released the specs and open source code before production, so they could fix it. Any legit open source program would do that. It's the optimal way to do it no matter what. Unless you're hiding the fact that your plan sucks, which is what I suspect Link is doing.

>> No.14227652

>>14222666
What the fuck?

>> No.14227662

>>14227600
No anon its my fault. I tried to argue with a retard and all I did was waste my time.

>> No.14227666

>>14227624
That really doesn't refute my point. Slashing doesn't work if Sergey owns 65%. He has ultimate power, might as well just have 1 centralized oracle.

>> No.14227685

>>14227662
well you're obviously not a programmer, I've refuted your argument using terms you don't understand, and I don't know how to dumb it down, it's a complex topic that requires context

>> No.14227688

>>14225579
automating price checks across trusted data sources and providers is not pointless, even if the sources are centralized, and yes it's a bfd.

>> No.14227703

>>14227645
Yeah, but that's not what you were arguing.
>In a p2p network, you're never connected to all the nodes at once, and you can easily lie about who you are, so age based things such as "the first 500" can never have any impact on security.
There's a ledger that people agree on. It requires a few people to agree before it works.

>> No.14227712

>>14227688
true, I guess it's not pointless, but the bigger issue imo is they are promoting themselves as decentralized oracles, and they have no specs for how they will get there.

>> No.14227743

>>14225971
where the fuck do you you think all this tech you are mubbling about came from, your messy closet? they are real people solving problems and getting paid for it.

>> No.14227753
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14227753

>>14224549
>plebbit spacing

>> No.14227761

>>14227469
I don’t know how many breadcrumbs you follow or give credence to, but I believe that they have a massive amount of organisational investment by others in them coming to that solution. If and when it exists, if not developed in-house, it will be brought to them.
What probability would you give to this solution being not only developed but implemented and an ecosystem bootstrapped before CL can adopt it?
What probability would you give to an organisation totally uninvolved with IC3 getting there first? (mine is low, very low; Ari Juels does not fuck around, and knows more about the game-theoretical implications of TEEs than perhaps anyone alive)

>> No.14227769

>>14227703
His argument is still incorrect, hiding the specs and releasing the program until 500 nodes are mining would not help relaunch a bitcoin network from scratch. PoA could. I'm not sure if that's how Bitcoin launched I dont know the full history.

>> No.14227781

>>14227641
lol

>> No.14227790

>>14227761
well if they're not developing the hardest part of the problem, why are you investing in them? What they made so far is not worth 32mil. They haven't even started planning on how to solve the actual big problem.

>> No.14227805
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14227805

>>14225286
Welp. I don’t think this is bait. I guess that means you’re a very stupid individual.

>> No.14227824

>>14227666
he won’t for long; the node fund will become an organic consortium of major corporations, which is superior to a formal permissioned consortium.

>> No.14227881
File: 87 KB, 640x514, Leah Vám Ukáže.jpg [View same] [iqdb] [saucenao] [google]
14227881

>>14222518
>>14222686

Sauce found. I'm in a public place but I'm jerkin it anyway.

>> No.14227888

>>14227824
well let's assume Sergey gives is 65% stack away (why would he?), it's still not that easy to make, I wouldn't blindly trust that they can make it, I want to see some specs. That's the type of shit I would have wanted to see 2 years ago, before ICO, not now.

>> No.14227904

>>14227790
without trying to sound arrogant, because I do respect your argumentation, read my posts again with sincerity. Chainlink is already an extremely firm Schelling point for that solution to gravitate to.
to quote a highly respected figure of mine, Arthur Breitman, “Technology is replicable, Schelling points are not.”
that is where the valuation comes from.

>> No.14227927

>>14227769
Bitcoin whitepaper launched without much fanfare.
There was nothing like it previously.
There weren't people trying to fuck with bitcoin when it started, and even if there were, the consequences were insignificant.
It started as a testnet and became production.
We live in different times.

You sound like you're shouting at people saying "onions green is made out of people. you gotta tell em. we gotta stop em somehowww!!!"

>> No.14227934

>>14222518
hey there devbro, I'm looking for a resource to learn about the mechanics of blockchain. I'm an undergrad mathematics student with a little bit of coding experience, mostly interested in the mathematics/crypto part. U got any gud links for me?

>> No.14227941

>>14227881
THIS THREAD HAS BEEN WORTH IT

>> No.14227976

>>14227904
>Schelling points
I disagree. They launched 3 weeks ago. How many users do they actually have? How many smart contracts are using them? How many users are using those smart contracts?

They have tons and tons of PR, but user/dev adoption not really.

I'm personally not holding LINK and wouldn't use it for my dapps. Though I dont make dapps anymore since the interest died.

>> No.14227984

>>14227888
not all of it, but he pledges that stake to them in exchange for them lending their organisational gravity, and allowing them to become that Schelling point.
this is the whole point. this is not a tech play. see the forest. the oracle project which waits for the critical tech to be firmly developed will (read: already has, repeatedly) have their lunch stolen by the one who credibly promises power.

>> No.14227991

>>14225124
That's so patently false, he did an interview specifically on this shit 8 months ago. You're such a piece of shit lmao.

>> No.14227992

>>14226362
the blog post isn't the point you walnut; the fact G is using the LINK protocols is the point. sheessh.

>> No.14227995

>>14227927
What's your point? That guy's argument that keeping it secret until 500 nodes join is simply invalid. There is no scenario where this would help. Bitcoin included. It would only be ever harmful.

>> No.14228005

Holy shit it's hilarious how much you truly don't understand about this project.

>I worked on a few ico's I know what I'm talking about.

Your thinking is unbelievably linear with no grasp of what's at stake and how it needs to roll out. At first I thought you were an elaborate fudder but now it's pretty clear you're like a wasp or a honey bee trying to make sense of how humans fly from one country to the next.

You fundamentally, unironically and literally do not comprehend chainlink. What it is, what it will be, and how it will become.

>> No.14228011

>>14226378
then what are you waiting for genius? do it, and collect fat stacks. why are you wasting away with bums like us?

>> No.14228015

>>14227976
>Chainlink has no PR and is too technical
>Chainlink has too much PR and isn't technical enough
We literally have heard it all over the years.

>> No.14228029

>>14227934
pick the language you know best, find the bitcoin implementation in that language, study it. Run the different libs in isolation. That's how I learned.

Also I guess start with running a node and using the RPC api first

>> No.14228038

>>14227995
Google thinks otherwise

>> No.14228051

>>14227992
they are not using it

>> No.14228055

>>14228005
>it's pretty clear you're like a wasp or a honey bee trying to make sense of how humans fly from one country to the next
this

>> No.14228062

>>14222518
Thots name. I wanna fap to her right now.

>> No.14228065

Please whatever you do, do not buy chainlink. I'm begging you.

You are obviously smarter and more alpha than the average link holder.

I think nano is a better coin for you.

>> No.14228066

>>14228029
What kind of hardware do I need to run a node? I only have a grug-tier laptop rn and wasn't planning to replace it for a year or more.

>> No.14228081

>>14228015
kek this.

>> No.14228082

>>14227995
>arguing that chainlink needs consensus
>arguing against an idea that some guy suggested could create consensus

>> No.14228102
File: 859 KB, 805x783, 4CCFCC51-C927-4566-8837-DC084B32B398.png [View same] [iqdb] [saucenao] [google]
14228102

Stop feeding the plebbit tier nufags
>clap clap clap

>> No.14228103

>>14228062
Leah Vám Ukáže

i got you man

>> No.14228105

>>14227934
you may enjoy what Vlad Zamfir is doing (he's a pure math guy)
https://www.youtube.com/watch?v=qDa4xjQq1RE

>> No.14228106

>>14228051
They endorse it, probably use it internally to validate that their public endorsement isn't a misfire

>> No.14228111

>>14228011
Chainlink made money because they have amazing PR and did an ICO in 2017. It's no longer 2017 and I dont know how they get such good PR.
>>14228005
I comprehend it well, I'm a dev, I can't be fooled by tech speak. you don't though
normal computer with big HD

>> No.14228116

And 2yrs to accumulate at under $2 , still need to fud to fill bags. Fuck you OP , Its only your fault for being poor

>> No.14228119

#cryptocockholster, is that you??

>> No.14228129

>>14228066
normal computer with big HD

>> No.14228135

>>14228103
My nigga.

>> No.14228147

>>14228129
How big are we talking? Could I just use an external drive?

>> No.14228150

>>14228116
I'd never buy CL, it's all PR, no substance. Though I should have, first time I heard about it it was 15c

>> No.14228155

>>14228111
>Chainlink made money because they have amazing PR and did an ICO in 2017. It's no longer 2017 and I dont know how they get such good PR.

Well done sir, I tip my hat to you. I have been bested. I wasn't angry at any point, but I do believe I have been trolled.

>> No.14228157

>>14227403
ok. who is working on that?

>> No.14228166

>>14227976
yes, because dapps are a worthless meme.
trust-minimised derivatives and business agreements are not.

>> No.14228170

Just compare Chainlink to the piece of shit SKY. It had architectural flaws that run deep, but project management simply ignored it. Nobody wanted to touch that piece of crap regardless of the praises sung by the developers of this scam.
chainlink doesn't shill, but there are legions of projects begging to endorse it. Including Google of course.
the fact that you think something makes sense doesn't mean anything. It's what the real market player thinks that is important.
They stand behind Chainlink.

>> No.14228172

>>14222518
>be dApp dev
>need external data in my dapp every 5 minutes
>could write an oracle in an afternoon over a couple cups of coffee
>instead I'm going to pay tens of thousands of dollars every 5 minutes to a bunch of neckbeard autists running chainlink nodes in mom's basement to use their json parser

>> No.14228179

Quant on the other hand....

>> No.14228189

>>14228166
>trust-minimised derivatives and business agreements are not.
So smart contracts/dapps
>semantics

>> No.14228192

I chainlink more than anyone but op smells larpy

>> No.14228209

>>14228111
UGHHHHHHHHHHHH maybe because they actually offer a technical solution that most smartcontract teams require????? maybe because the tech actually is there???? ughhhhhhh maybe because they have been working singularly on the same problem for over 5 years now????

the reason why it's so surreal is because they worked on the same thing for a long time.
"It's not that I'm so smart, it's just that I stay with problems longer." - Einstein

>> No.14228211

>>14228150
How old are you?

>> No.14228215

>>14228150
Now i know this is a troll post.
LINK has shit tier PR/Marketing.

>> No.14228228

>>14228192
He sounds like the butthurt Skycoin supporters of not so long ago. They've been utterly raped

>> No.14228245

>>14228209
I dont think most dapps require oracles. And they dont have decentralized oracles currently, nor do they have a plan on how to make them.
>>14228211
30
>>14228215
not really, they got news sites to mention Swift and them before they did their ICO, then they got 50 literally who partnerships, then they got mentioned by Google. They have some of the best PR in the space. LINK is not underpriced, it's overpriced.

>> No.14228251

>>14228189
ISDA is not CryptoKitties.
Adoption starts with the most truly massive use cases that obtain the maximum value from trust minimisation.

>> No.14228279
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14228279

>>14228245
>I dont think most dapps require oracles
Lmao look at this fucking genius. Just sold 100k thanks for waking me up.

>> No.14228318

>>14228279
Bunch of buzzwords I've never heard of and dreamy delusions. Blockchain Music, really?

>> No.14228332

>>14228228
what happened this time

>> No.14228343

>>14228318
nice sophistry faggot

>> No.14228346

>>14228279
most of these use cases don't necessarily need an oracle. When you activate a smart contract, you're allowed to provide your own inputs to the contract function, basically acting as your own "oracle". Except oracle is a meme word that no programmer uses because sending data to the blockchain is trivial.

>> No.14228370

>>14228346
shut the fuck up loser. chances are you're short, useless, and ugly

>> No.14228396

>>14227976
user adoption? what are you talking about? most users won't even see it's happening you fool. its going to be operational for BigQuery; way beyond your plebe-brain.

>> No.14228401

>>14222518
Shutup Zack

VEO is absolute dog shit.

>> No.14228411

>>14223069
Based af. We have a future Billionaire here

>> No.14228433
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14228433

i'm about halfway thru the thread and i must say this is the best FUD thread i've seen post main net launch. i applaud you lads

>> No.14228460

>>14228396
kek I don't think you understand what BigQuery is. Chainlink can use BigQuery. Anyone can. But BigQuery cannot use Chainlink. It's just not what BigQuery does.

If Google was gonna use CL (which they won't), they wouldn't use it with BigQuery, they'd have to make up some different product.

>> No.14228485
File: 2.84 MB, 640x480, ChainLink.webm [View same] [iqdb] [saucenao] [google]
14228485

>>14224194
Hey man the link memes are great. Don't hate.

>> No.14228509

>>14228111
write it up at least; you seem to have the problem all worked out in your head. Can you spare the 5-minutes in between wanks to show us the solution?

>> No.14228540

>>14228460
okay tell me about the legalities of reselling that service over chainlink. go ahead, i'll wait.

>> No.14228564
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14228564

>>14224062
>I have no clue how the hell they land those mentions from companies like Swift and Google. But it is certainly not from merit.
Occam's Razor.

>> No.14228572

>>14228170
true dat.

>> No.14228589

>>14228540
No idea, the community datasets are pretty boring anyway, I don't think anyone would want to resell that. If you're selling your own datasets then shouldn't be any legal problem.

>> No.14228608
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14228608

>>14225512
>How pathetic is your life that you spend your afternoon arguing with people on a Haitian bread-basket making forum.
>Have sex incel.
>HAVE SEX.

Stop it.

Realize people's conviction in Link has only strengthened and steeled to this point where no possible fud could make them falter BECAUSE of people like him who argue every point against it and those who debate him to fully reinforce what the vision is and how effective the method is over the course of these past 2 years.

This shit isn't easy to digest, hence why most people don't know about it and why it's so lucrative and why we're so early.

>> No.14228615
File: 108 KB, 628x426, DOSnetwork.png [View same] [iqdb] [saucenao] [google]
14228615

Time to jump off Chainlink and get on the superior Chinklink, DOS. Copy paste from their telegram explaining differences:

There’re multiple differences and can be categorized into two aspects:

For oracle users, first, DOS Network is doing off-chain aggregation with threshold cryptographic proof, there’s only 1 transaction reporting back the response along with the group signature proof. As a contrast, Chainlink is doing on-chain aggregation - the number of response transactions are proportional to the number of serving nodes for one oracle request. Thus the gas cost is higher and it has with a longer response delay for Chainlink, because it needs to wait for responses from all participating nodes to do on-chain aggregation. Also, on-chain aggregation is not scalable.

Second, DOS Network adopts VRF (Verifiable Random Function) plus threshold cryptography, each oracle request is handled by a randomly selected group; the response is guaranteed tamperproof even with half of the nodes in the selected group are malicious. Chainlink adopts specialized oracle nodes and reputation-based request handling - each oracle node only supports specific APIs/tasks configured by node runners; nodes with higher reputation are more likely to handle an oracle request. Reputation-based system is prone to securities issues like targeted attacks, collusions and centralization.

Third, DOS has built a native layer-2 P2P network, which enables cross-chain smart contract invocations and transaction routing once at least 2 smart contract platforms are supported. For node runners, first, there’s no special requirements for hardware or TEE (like SGX), client node is runnable on commodity devices and VPS. As far as we know, Chainlink node is utilizing SGX, which is only available on a subset of CPUs - this is an entry barrier for node runners, not to mention that SGX is vulnerable to attacks (see https://foreshadowattack.eu/ )

>> No.14228628

>>14228615
Moreover, we’ve reserved 35% of total supply as “mining” incentive for node runners. This is an important economic incentive for them especially during network bootstrap stage when there might not be that many requests / processing fees to cover node runners’ costs. Chainlink provides no economic incentive except normal processing fees. And again DOS Network applies generalized oracle node model and pure random node selection - no matter when a node joins the network it is treated equal, the probability of a node being selected is the same as any other node’s. Comparing with Chainlink’s specialized oracle node model and reputation-based node selection - chainlink node runners need to manually config adaptors to support customized APIs/tasks for their nodes, nodes with higher reputation are more likely to be selected - this not only leads to targeted attacks and centralization but also leads to the Matthew Effect and disincentivizing new node runners with same abilities to join the chainlink network as it’s hard for them to compete with old reputable nodes.

>> No.14228630

>>14222518
>being a dev doesn't mean you don't have low IQ
The ego on you code monkeys these days is out of control. ANYONE can do your shitty job, it doesn't even require more than a few months of education. Literally easier than most trade jobs which can require up to 2 years of education depending on the complexity.

Why the fuck do you think you know ANYTHING other than how to write lines of text? You didn't write the fucking code base, you're not some master of technology. What you do is the mental equivalent of shitposting on 4chan. Actually, it's less creative.

>> No.14228633

>>14228245
"I dont think most dapps require oracles."
No shit Sherlock. Now you are backtracking.
"LINK is not underpriced, it's overpriced." WTF does that mean? are you the human price oracle? Go silently please.

>> No.14228670

>>14228343
you are limited track-mind-type. Why would a musician, artist or producer need an oracle... think hard knothead,

>> No.14228693

>>14228670
lmao to bring up music as a way of deflating my argument is sophistry. what about insurance? huge industry that requires oracles FOR SURE.

>>14228589
again, LISTEN TO THE EPICENTRE PODCAST with the man who wrote the article. This is about monetizing the data that previously was not able to be monetized. TOP KEK. You just aren't well researched here.

>> No.14228698

>>14228630
I agree, most programmers are retarded. I am not.
>>14228633
It's overpriced because of how well it has been marketed. And actually it fools /biz/ most of all because it's pretty subtle marketing, mostly through PR, which you guys seem to think is organic, when it is not

>> No.14228710

>>14223069
you talk like these things can't be solved. that's the point, its being worked on. What are you expecting, a Lambo for your bag lunch?

>> No.14228714

>>14228630
>The ego on you code monkeys these days is out of control
don't even get me started on code monkeys man. They think that because the slang some JS they know how the fuck everything works and are superior. Code monkeys are just the new factory workers.

>> No.14228715

>>14228693
>again, LISTEN TO THE EPICENTRE PODCAST with the man who wrote the article. This is about monetizing the data that previously was not able to be monetized. TOP KEK. You just aren't well researched here.
no I think you just don't understand what BigQuery is so you're confused about what I say.

>> No.14228732

>>14228698
You're fucking new if you think LINK has been marketed via PR. Literally zero PR until the run up to main net release. Over a year with nothing. Welcome to 4chan, Redditor.

You actually are retarded, you just don't know it because when you're retarded you have no objectivity about it. I'm here to tell you.

>> No.14228741

>>14228698
>I have proven beyond a doubt, with facts, that only a handful of people at Google, none of whom matter, know about the article
>I am not retarded
Sorry man, you were only allowed to pick one

>> No.14228760

>>14225380
Kek that file name

>> No.14228784

>>14228460
Now i know you are trolling the room. BigQuery is super-fast SQL queries - "To retrieve data from BigQuery, a Dapp invokes the Chainlink oracle contract and includes payment for the parameterized request to be serviced (e.g. gas price at a specified point in time). One or more Chainlink nodes are listening for these calls, and upon observing, one executes the requested job. External adapters are service-oriented modules that extend the capability of the Chainlink node to authenticated APIs, payment gateways, and external blockchains. In this case, the Chainlink node interacts with a purpose-built App Engine web service." Nice try though.

>> No.14228787

>>14228732
incorrect, LINK had news articles mentioning Swift pre-ICO (fake), which is probably the reason they raised so much.
>>14228741
I've proven beyond a doubt that I am smarter than every linky in this thread. It's a very obvious comparison when you look at the level of my arguments vs theirs.

>> No.14228803

>>14228784
well see, you're not a programmer, so you wouldn't know, but in the context you just described, Chainlink uses BigQuery, not the other way around.

>> No.14228816

>>14228670
>be deadmau5
>chainlink node getting data from tomorrowland shitshow
>mr potato head plays deadmoose5 music
>shazam api detects what music is playing
>node sends data to smartcontract that automatically pays over 200 lawyers to sue mr potato head and fire over 500 angry tweets

>> No.14228822

>>14228784
And by that I mean, Chainlink triggers the BigQuery API. BigQuery has no clue Chainlink even exists.

This is the type of stuff that fools no programmers into thinking Chainlink is actually good.

>> No.14228825

>>14228433
the avatar says it all - just keep marching marines. these cowards will keep yelling about how it is and isn't this and that. but the writing is on the wall.

>> No.14228829

>>14228787
>ad hominem
>high level argument
No I think you're wrong there.

>> No.14228846

>>14228715
holy shit it doesn't matter what bigquery IS right now, it's about what IT COULD BE. He states specifically what they are trying to do about all the other data kek

>> No.14228864

>>14228829
your opinion is incorrect. It's obvious to anyone smart reading this thread that i've completely dominated every argument. I don't think anyone here even knows programming because most of the rebuttals made no technical sense.
>>14228846
You are definitely incorrect. Learn some programming and then go and use BigQuery, you will see you are wrong.

>> No.14228865

>>14228803
programmer? i only respect engineers. no engineer with dispute the modularity of chainlink.

>> No.14228871

>>14228485
it's true though.

>> No.14228877

>>14228864
jesus christ you're useless and retarded

>> No.14228901

>>14228864
>your opinion is incorrect. It's obvious to anyone smart reading this thread that i've completely dominated every argument. I don't think anyone here even knows programming because most of the rebuttals made no technical sense.
Sorry buddy, you're probably the technical equivalent of a 4chan janny, beating bugs all day. I'm surprised you have enough braincells to be able to breathe. But I hate to give too much shit to a fellow aussie shitposter. We shall save it for canada.

>> No.14228912

>>14228877
you simply don't have the context to understand what you're talking about and I dont know how to dumb it down for you. Not sure if it's even possible to dumb it down, those are complex topics.

I know you think you're correct, but you're not.

>> No.14228928

>>14228615
neat. so who is going to adopt it, and why would they? LINK costs will come down just like EY was able to do with Nightfall

>> No.14228934

>>14228901
your opinion is irrelevant, I've objectively destroyed every single linky in this thread. And thousands of anons read it. Probably hundreds have dumped their LINK and will spread the word. My work is done.

>> No.14229004
File: 12 KB, 259x194, images (8).jpg [View same] [iqdb] [saucenao] [google]
14229004

>I'm dev. I'm smart. I'm special. I know things.

Why are you spending so much time arguing if you are so smart and so convinced that you and only you is correct.

> I want to warn others.

You are a giant contradiction and dare I say faggot.

>I'm dev. I'm smart. I'm special. I know things

>> No.14229057

>>14228912
>>14228934
Saying you've destroyed everything isn't objectively destroying anything. You do understand the concept of an expert
beginner, right? Because you obviously haven't been involved in the crypto game long. You do understand that this board has poured over the whitepaper and thought about every argument you've come up with and had the same arguments before? You do understand that we're bored by it at this point and therefore the heavy guns don't even bother putting that much effort in? You have selected parts and suggested you've won. If you're making the rules, why don't you just make up how much your stack is worth then? This is all meme money, so maybe it will come true. Go yell at some more hard drives, mate.

>> No.14229067

>>14228864
I feel so sorry for you, having an inferiority complex so bad you go on the internet and literally, unironically tell people "I'm smart and you're not."
Have you ever seen somebody else do that? Unironically? I doubt you have. It's because you're special. Exceptionally pathetic. My condolences.

>> No.14229069

>>14228816
i'm on your side anon. i can think of lots of use case for IP and LINK oracles, but yours is novel.

>> No.14229093

>>14228912
i'm a fucking developer, an insider, I can see things past what is absolutely apparent, which is why I've bagged 4k ETH off of LINK and you have not.

You have no idea what the fuck is coming.

https://youtu.be/KEnPTtemons?t=3027

He literally says "if it looks like a duck, and it quacks like a duck, and it smells like a duck, it's probably a duck"

you fucking loser. kek. you're ruining it for the innocent ones who just wanna make money and raise a family. You are just such a loser I cannot believe this shit.

>> No.14229102

>>14229093
for context, this is the guy who wrote the Google Cloud article.

>> No.14229108

>>14229069
Wait until the people who own image copyrights band together to scour the internet for random shit in the background of photos and demand penance. Fuck all that DMCA shit, I'll take $2 and the copyright of the image. We are going to be so rich anon.

>> No.14229111

>>14229057
I've been involved in crypto for far longer than you. And /biz/ are not programmers. They get fooled by tech speak so they could read the white paper 100 times and still not understand how they're getting scammed.

>>14229067
I don't think about you at all

>>14229093
>i'm a fucking developer, an insider, I can see things past what is absolutely apparent, which is why I've bagged 4k ETH off of LINK and you have not.
cool larp, I highly doubt you'd be that angry if you had millions. I also highly doubt you'd be that gullible if you were a dev.

>> No.14229112

>>14228934
Wow you are such an incorrigible douche. My guess is that with your attitude you get your ass kicked on a regular basis.

>> No.14229115

>>14228934
>your opinion is irrelevant, I've objectively destroyed every single linky in this thread.
You have yet to destroy me calling you out on not understanding the difference between speculation and facts. You haven't just failed to prove me wrong, you haven't even dared reply to it. Do you really think that telling yourself, publicly, dozens of times, that you accomplished something you didn't has zero negative effects on your mentality?

>> No.14229134

>>14229115
I have destroyed all your arguments, you just can't understand it because you have trouble understanding things

>> No.14229146

>>14229111
https://youtu.be/KEnPTtemons?t=3033

It's a duck faggot

>> No.14229180

>>14229134
>>14227415
You said you've proven beyond a doubt that Google does not endorse Chainlink. For you to do so you would have to prove that no one "important" at Google cares about Chainlink. You cannot prove this, therefore what you said is wrong.

There, an argument you failed to destroy, which in turn destroys about 20 of your claims that you dominated every argument in here.

>> No.14229207

>>14229180
incorrect, I've refuted that many times, you just don't understand logic and facts.

>> No.14229225

>>14229111
>I've been involved in crypto for far longer than you. And /biz/ are not programmers. They get fooled by tech speak so they could read the white paper 100 times and still not understand how they're getting scammed.
>I am such the oldfag that I have been involved in crypto for so long but want people to sell chainlink.
Well why the fuck are you still here mate? No one likes you, so it can't be for the company. We honestly couldn't give a fuck. We are going to write random shit to people all night. You've had zero effect on the price of chainlink, if anything, it has gone up. Do you realise there are websites that feed bots that are based on us talking shit? http://chantiment.com
This all counts towards link and chainlink, and it doesn't listen to negative sentiment.

>> No.14229229
File: 547 KB, 981x641, Screen Shot 2019-06-18 at 10.03.04 PM.png [View same] [iqdb] [saucenao] [google]
14229229

>>14229134
kill yourself.

>> No.14229234

>>14229207
It is impossible for you to refute that the CEO of Google cares about Chainlink. You mistake facts for "reasons to assume that...". They are not the same. The latter can't be used to prove things.

There, you have been destroyed again. That makes it twice.

>> No.14229253

>>14229234
>the CEO of Google cares about Chainlink
he does not
>>14229225
I'm not here to convince you, I'm here to convince smart people to sell, so that you lose money

>> No.14229263
File: 132 KB, 965x208, Screen Shot 2019-06-18 at 10.11.18 PM.png [View same] [iqdb] [saucenao] [google]
14229263

>>14229253

>> No.14229272

>>14229253
>the CEO of Google cares about Chainlink
Proof it. With facts. Real facts, not "it is like that because it's the most likely". You can't. You've been destroyed again. Three strikes, you're out. I don't expect you to dare reply again.

>> No.14229291

>>14229272
Meant to quote your "he does not"

>> No.14229293

>>14229272
literally ignoring the fact the man who wrote the article also referenced the duck meme

>> No.14229300

>>14229263
see, you're not a developer, you don't understand what this sentence means "Provide open datasets for public blockchains". It does not mean oracles. It means having block explorer type info available on BigQuery. Literally nothing to do with Chainlink.

This is why I'm smarter than you. You don't understand programming. You think stuff means something, when it doesn't. You don't have context.

>> No.14229312

>>14229300
you're such a fag

>> No.14229329

>>14229312
haha I just destroyed your hope. Your last argument. Destroyed.

>> No.14229330

>>14228787
You HAVE to be trolling. I can't take you seriously, enjoy your weirdly spent leisure time making jokes on an anonymous message board filled with NEETs.

>> No.14229332

>>14229300
>I spent years of my life studying something, which I now understand, whereas you do not. Therefore I'm smarter than you.
Another factually wrong assertion by you.

>> No.14229338

>>14229329
Lmao imagine thinking I don't understand this was about pulling data from ethereum initially
Now it's about sending data to smart contracts.

>> No.14229360

>>14229329
You're actually such a fucking loser I cannot believe people like you exist. Worthless. To get hired you have to hide your worthless self. Odds are you won't see any success.

There are people here who don't have a CS background who just wnat to make money and raise a family. You are using your knowledge of development to FUD and stop that. Absolutely 0 respect for people like you.

>> No.14229369

>>14229338
well if google ever decide to provide oracles, they're definitely not gonna use LINK. That would make 0 financial sense. It takes 2 sec to write that code and you can bypass some arbitrary token and KYC

>> No.14229378

You are the epitome of a 30 year old living in his moms basement beating off while being condescending to anons on a message board. Dad left alcoholic mom when he saw what a fucking disappointment little Brucy was. Seriously bud that's how you come across.

>> No.14229417

>>14229253
Why exactly do you think people who don't understand coding are going to believe your version of it then? Surely I could just say some other coding shit and say yours is false and then, given good enough argument, they would believe me and buy more? That's not what we're about here. I'll give you that the google announcement wasn't a partnership, it was just a nod to things you can do with the blockchain. But it must have been vetted by at least the compliance department and signed off by more than one person as it could affect their stock price. Do you remember companies were naming themselves BLOCKCHAIN ROOFING AND GARDENS and 10xing their stock overnight? The compliance officer where i worked had us track down bitcoin mining in case we were thought of as a bitcoin company. You do not understand how these companies work, especially in the legal & compliance areas.

>> No.14229446

>>14229369
lmao sophistry again. dude you spent so much time learning about CS and engineering and this is how you treat others? You are a pathetic manlet.

>> No.14229450

>tfw he actually didnt reply
Can't believe the reverse psychology failed. What a spineless retard, actually running away after getting proven wrong.

>> No.14229470

>>14229369
>well if google ever decide to provide oracles, they're definitely gonna use LINK. That would make 1 financial sense. It takes 2 sec to copy paste that code and you can't bypass some arbitrary token and KYS

>> No.14229493

>>14229446
>dude you spent so much time learning about CS and engineering
learning CS was not a chore. I got paid learning on the job and it's actually pretty interesting