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/biz/ - Business & Finance

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15682348 No.15682348 [Reply] [Original]

If insurance companies used smart contracts theyd use their own private blockchain along with their own private oracles.
>but the oracles wouldnt be decentralized
Neither is chainlink and it will never be.
Decentralized oracles are not possible, theyre a meme.
Anyone still holding chainlink just has low functioning autism.

>> No.15682666

>what are mixicles?

>> No.15682723
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15682723

>>15682348
>launched with three parallel nodes
>new nodes constantly added
>aggregation added
>"HURRR IT'S CENTRALIZED"

>> No.15682737

>>15682348
>private blockchain
this is a meme
blockchain serves no purpose if it's a "private blockchain"

>> No.15682738
File: 166 KB, 680x566, 9F3195A3-1068-47FF-827D-7DB71E8FCBDF.png [View same] [iqdb] [saucenao] [google]
15682738

>>15682348

>> No.15682754

>>15682348
>Chainlink is not decentralized and never will be?
Please explain this.

>> No.15682895

>>15682737
Mixicles make private blockchains obsolete too.

>> No.15682996

>>15682737
amazon offers private blockchains
>>15682754
its a centralized oracle with neetnodes.
Anyways decentralized oracles are a solution nobody asked for.
Smart contracts maybe because they can activate given certain conditions in a trustless manner.
But again, do businesses care about it being trustless anyways?

>> No.15683122

OP is correct. It's all fake. It's the google cloud thing all over again, it's just one developer who probably bought some LINK bags acting like the whole fucking enterprise is going to make use of LINK. There is literally nothing to indicate that SWIFT is going to integrate LINK into their system. It's just one random company presenting some shiny new technology that'll eventually go nowhere. Big fat nothingburger and now the LINK shills are out in full force acting like they all made it, because they are trying to pump their bags off of the hype.
Once the dust settles it'll be glaringly obvious. It's all fake. In fact, if you google chainlink you'll see it's just a scam. Please reddit don't get duped into this. Don't buy this, DYOR, google it and you'll see what I'm talking about. Remember the google cloud thing, it's fake. Just check its price after the pump-and-dump from that news and you'll know what I'm talking about.