/biz/ - Business & Finance

we got it the first time, rajesh

If you're done here buddy I'll close this thread. /thread

>>15781898
They don’t have Ari Juels

>>15781898
I wonder who the small team will work with to build their "smart oracle"

>local man opens pizza place
>Hahahaha New York pizza BTFO


This is you Patel.

>>15781898
>copycats coming out of nowhere all of sudden
Actually bullish.

More competition that's great! Light a fire under money belly ass!!!

I knew this was gonna come sooner or later.

>>15781898
Thanks just sold 700k.

>The goyim own something we need, stop it!

>>15781898
>let's use a decentralized smart contract platform
>let's centralize part of the stack
they'll bend the knee

>major finance use case for oracles
>bearish for Chainlink, the industry standard
Please choose one.
You have 30 seconds to comply

>>15782087
How do we know they won’t be building on chainlink? The point of link is to have a standard. Credit rating agencies and automated insurance companies can’t operate on their own version of data. Doesn’t make sense in the decentralized space. They need a trusted third party.

>>15782162
They specifically mention that oracles are important because once it's on the blockchain it's irreversible.

>The first will put Morningstar’s system for rating funds directly on the ethereum blockchain and eventually on other blockchains
So first the oracle connects with ETH and then also other blockchains.
Gee, remind you of a certain industry standard in oracles?

>>15781898
It was all a dream, I used to read Word Up! magazine
Salt-n-Pepa and Heavy D up in the limousine
Hangin' pictures on my wall
Every Saturday Rap Attack, Mr. Magic, Marley Marl

>>15781898

>>15781898
You know they are talking about Chainlink right? Michael Del Castillo has been covering Chainlink and Swift from the very first day Ser-gay was chosen to be the king of the industry

>>15782362

HOW TF ARE THEY TALKING ABOUT CHAINLINK? IF THEY WERE, WHY NOT JUST SAY SO

>>15782218
>Gee, remind you of a certain industry standard in oracles?

To call something an ‘industry standard’ industries actually have to use it and agree it’s a standard. You linkoids are so fucking deluded. What industries are using your dead bedroom project right now calling it a standard? Your personal computer isn’t an industry.

>>15781975
>they don’t have some guy

Nobody cares about Ari Juels. Never done a thing worth writing home about.

>>15782362
>Michael Del Castillo has been covering Chainlink and Swift from the very first day
ayyup

https://www.coindesk.com/swift-completes-blockchain-smart-contracts-trial

>>15782434
>He doesn't know

Stay poor, nufag.

>>15782408
You had two years faggot

If you're new GET THE FUCK OFF MY BOARD

>>15782450

Who is this Castillo Wetback dude and don't you know that morningstar literally just copied chainlink's code

>>15782434
I'm not the only one to consider them the industry standard.

Here's the Devcon bio for Sergey:
"Sergey is the CEO of Chainlink, the leading blockchain middleware company"
https://devcon.org/speakers?about=Sergey&Nazarov

Cope.

>>15782464
Not only this but a 669 million dollar team > two man philosophy meme team

LINK really stinks now

>>15782051
this

Fuck morningstar. I trust a bunch of raging autists over a lot of college degree frat boys

>>15782470
>Here's the Devcon bio for Sergey

So you’re telling me a presentation introduction is the industry? Literally, some guy on a stage said this, that is your industry recognition. Linkoids are BEYOND desperate right now. Do you expect a presenter to say “Here’s some fat guy who sent us 2793 emails from various accounts until we agreed to let him come to the event.”

I ask you for industry recognition and you give me a ‘Welcome to the stage’ announcement. The sheer and UTTER STATE of linkoidism.

>>15781898
Keep reading

>>15782652
Devcon calls Chainlink "the leading blockchain middleware".
Cope.

>>15782447
All the current oracle tech is invented by Ari and is was intellectual property. Until he sold it to Sergey with together Town Crier and Mixicles.

No one in the world can make their own decentalized oracle without getting sued to hell and back by Sergey.

>>15782434
They MUST use it, because it's all patented. Basically Sergey now holds patents to all the decentralized oracle tech.

>>15782958

He doesnt have any patents

There are actually people in here who think they wont be using Chainlink.

>>15782958
Source about patents?

>>15782912
I changed my mind. I posted the link in the telegram for discussion and they banned me. We’re fucked.

what are we even talking about, this thing...?

https://coinmarketcap.com/currencies/morningstar-payments/

looks dead af...

>>15782029
>local big mac connoisseur writes a simple json parser
>HAHAHAHAHAHA ALL OTHER TECHNOLOGY BTFO !!!
This is linkTARDS.

>>15782447
*invents the consensus mechanism on which every cryptocurrency is based on*

>>15782162
It does say they're building ITS oracle. Idk, good fud. They might realize they have 0 chance vs link, and will just bend the knee. It says no new staff is being hired right now.

>>15782958
Why doesn't LINK have a higher rating on the Crypto Ratings Council, when it meets points 1 and 2 on the howey test and obviously is relying on the work of others(SerGay)?

>>15783002
>>15783159
>>15783520

Source on patents.

It's funny how Linkers always avoid these threads.

>>15783551
Town Crier is what is being referred to. I’m unaware of a way to actually tell how significant this is.

>>15783575
It's because it's a waste of our time.
It's funny how you tried swinging, lost and spend your time in the internet trying to FUD people out of an investment so you can feel validated and less of a loser

>>15783551
>>15783595
Fck forgot to paste link. Sry
Source on patents:
https://patents.justia.com/inventor/sergey-nazarov

(I smooked a doobie, dont be mad at me)

>>15783678
Oh fuck, i just realised there are 2 sergeys.
This patents dont have shit to do with link.

Its actually this guys patents.
https://www.toptal.com/resume/sergey-nazarov

>>15783636
The one who should feel as a loser is the one FOMOing vulnerable people (rememebr the guy who lives in his car to buy LINK) into a ponzi scam where one fat russian guy owns 65% of the currency.

>>15783374
Underrated post

>>15783595
ctrl+f town crier 0 results

Do you retards really not know anything about Chainlink? It's a fucking oracle network. NETWORK. Meaning Chainlink doesn't create all the oracles on the network and other companies can create oracles or smart oracles and can host them on the Chainlink network. Just like Oraclize/Provable creates oracles and hosts them on the Chainlink network. God you fags are so stupid. This is bullish as fuck.

>>15784060
This is probably the most annoying gap in people's understanding. Chainlink is not an oracle, it's a network. They are building an oracle for Swift which will connect to the Chainlink network, and they'll no doubt be helping these guys set up theirs to also be connected.

They've said it all before. Enigma said it, oraclize said it, witnet said it, kleros said it, and so it goes on. Its too late for these maggots. Sergey plotted his dominance in the smart contract business since 2010. All they can do is desperately try to cling on to his coat tails before inevitably bending the knee.

>>15783510
This could just be the team that's working with Chainlink on creating their custom oracle setup, like with Swift.
Chainlink is highly modular after all.

>>15783002
>>15783159
Town Crier has over 20 patents. That's why Sergey bought it in the first place, retards.

>>15784060
What would be the incentive to join the Chainlink network?

>>15784963
Get the fuck outa here

>>15781898
it's chainlink

>>15785030
Well? Also if Chainlink doesn't even have it's own oracle, what is the point of the token?

>>15785108
Reddit is seven floors below, you disgusting newfag

>>15785108
The incentive to join is you can make money running a chainlink node. The token is used for collateral. Maybe you're going to use the network to trigger a large payment so you're willing to pay for extra security guarantees. Like a type of insurance. The token can be staked. This is you basically saying I want to be such a high quality node operator, I want my data to be used by any size of company, or organization. I'm going to provide such highly reliable data that I'm willing to put my own money on the line in case anything goes wrong.

On the flip side maybe you want to sell your data but you're an Apple type of company and want to do everything yourself. Problem with this is you become a central point of failure. Will someone do it? Probably. But ChainLink appears to be evolving as the de facto standard on the other side though. Think of Link like the Android of Oracles.

>>15781898
whenever a blockchain solution is needed the corporation in question will simply fucking buy a startup or create their own currency. nobody is going to buy your stinky fucking linkies

>>15782362
>literally says they are building their own smart oracle
>hurr durr they are using chainlink

Are people allowed to be this much of a brainlet wtf

>>15785227
Your right, I’ve heard of at least a 14 instanced where major companies created their own oracles. They tied them to a network of course.
The portmanteau of it was chink

>>15785216
The way you put it makes it seem like link is an obvious winner.

>>15785287
congratulations, you now understand why crypto and decentralization are the future of everything. why would I do x and not get paid when I can do x and get paid (and also contribute to the security of the system but I doubt normies will think about that)?

>>15782003
apparently "existing employees", could be a joint effort, that black guy that gave the most recent LINK talk is mainly a ticketmaster dev, seems very reasonable, maybe even likely, that these guys at morningstar share a similar relationship to chainlink

>>15781898
>Morningstar
LITERALLY Lucifer at work here.

>>15785436
that's not at all inconsistent with the esoteric link shit lmao

>>15785233
It's a fucking oracle NETWORK REEEEEEEEEEEE

Gartner have already confirmed no one else is innovative in chainlinks space. Fudders btfo. Steaking soon™