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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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15814620 No.15814620 [Reply] [Original]

https://blog.chain.link/breaking-down-mixicles-and-its-potential-to-unlock-enterprise-demand-for-defi-applications-on-public-blockchains/

>Opening Up DeFi to Enterprises Adoption
By separating state changes from payment outcomes and using oracles to pass data confidentially between them, DeFi instruments on public blockchains become far more attractive to highly regulated enterprises with large capital allocations. In fact, DeFi instruments are a drop in the bucket compared to the potential capital sitting in traditional financial vehicles. With many scalability solutions in the pipeline, Chainlink is using oracles to solve the other two major problems inhibiting the development of enterprise smart contracts in finance on public blockchains: connectivity and privacy with audibility.

Mixicles are very close to being live on the Ethereum Mainnet (and other blockchains in the future) pending third-party security audits of the simple 188 lines of source code. Enterprise use of public blockchains are not some futuristic concept, but are a near-term reality, as novel approaches to privacy like Mixicles become a reality. These technologies provide the lightweight privacy and regulatory compliance needed for public blockchain use at a global scale.

>> No.15814638

Bout 12 hours late there, pal

>> No.15814642

>>15814638
suck my cock i live in a different timeline

>> No.15814646

Great, literally just another nothing burger

>> No.15814660

>>15814620
this is a year old

>> No.15814667

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>> No.15814669

>>15814620
Except it’s literally dumping

>> No.15814677

/biz/ is dead.

>> No.15814723
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15814723

>>15814660
except it was posted today

>> No.15814741

Mixicles are very close to being live on the Ethereum Mainnet (and other blockchains in the future) pending third-party security audits of the simple 188 lines of source code.

>> No.15814754

>>15814620
Oh, look, the "solution" nobody on Wall Street or in banking wants, needs, or is willing to add the additional tax liability to their trades/commerce with.
How...old news.

>> No.15814758

>>15814741
Well how fucking long is it going to take?

>> No.15814768

But who cares?

>> No.15814783

>>15814754
>>15814754
> cope
also 188 lines of code
A.H.H
ADOLF HEIL HITLER!

>> No.15814799

>>15814754
>Oh, look, the "solution" nobody on Wall Street or in banking wants, needs, or is willing to add the additional tax liability to their trades/commerce with
Same could be said about the digital revolution and the internet before it was adopted

>> No.15814826

>>15814799
But, the digital revolution wasn't replacing fiat and the banking system. But cope as hard as you need to not anhero because you jumped on a wagon that's headed for the valley floor, on fire.

>> No.15814839
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15814839

>>15814826

>> No.15814859

>>15814839
That's right, cope. It's gonna be okay. Mommy will make you chicken tendies and wash your poo poo undies when you're still broke a year from now, waiting for your magic internet coins to make you a lambo.

>> No.15814862

more like testicles

>> No.15814879

>>15814859
are you having fun on the internet today?

>> No.15814886

>>15814826
Chainlink is not replacing fiat. And it isn’t replacing the banking system, it’s evolving it to a more efficient system

>> No.15814945

>>15814886
Thats the beauty. The bank need us, but we dont have to bow like (((ripple))) cucks do

>> No.15814984
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15814984

>>>>15814856

>> No.15815008

>>15814826
The exact opposite, Chainlink makes legacy systems even stronger, which is why it is also backed by said legacy systems such as SWIFT.

>> No.15815035
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15815035

wen mewn

>> No.15815045

>>15815008
Stop chadsplaining to Manvinder, he knows. He knows.

>> No.15815079

>>15814667
you are a MANIAC

>> No.15815086

>>15814620
but when do we NEETs win?

>> No.15815424

>188 lines of code
>he thinks this is a solution to an enterprise wide problem
>he thinks a jason parser is the solution to an enterprise wide problem

>> No.15815440

>>15815079
Dude so are you!

>> No.15816418
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15816418

LINK announcements literally get no attention on /biz/ anymore... this place really is different now. I know marines are still out here lurking.

>> No.15816463

>>15816418
just reporting off topic, extremely low quality posts and nsfw threads, as calling OPs faggots. Till the last bot and off topic and nudity poster isn't ranged banned there will be no real insider information for /biz/

>> No.15817536

>>15816418
the fuck you mean bro

>> No.15817753
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15817753

>>15814741
>>15814758
Days, weeks, months?

>>15814768
I care, how am I going to survive this.. My life has been hell because I've been hodlning LINK so hard..

>> No.15817959

>>15816418
It’s awesome news, fren. You just have to cycle through endless posts from Rajesh and transsexuals to get the gold nuggets

>> No.15817982
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15817982

>>15814620
>188 line of source code
>188

>> No.15817988

>>15816418
If this was the blog post related to their announcement that's really disappointing

>> No.15818016

>>15817982
I believe in an omniscient, omnipotent, omnipresent God.

>> No.15818070

>>15814741
So? Chainlink has been live for months and no-one is using it.

>> No.15818128

>>15818070
Chainlink has not been created to be used

>> No.15818142
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15818142

>>15814620
Cringe and screenshotted. Will be reposting this after ChainStink falls below $0.10.

Scammers gonna scam and you are one

>> No.15818167

>>15814620
reminder that LINK is NOTHING like ETH.

1. ETH had a testnet with thousands of users and finished mainnet 1 year after ICO, and only raised 16mil. Chainlink had a testnet and mainnet with ZERO users after 2 years and 32mil. It has gained ZERO adoption (the partnerships aren't using it). The level of developer adoption and excitement for ETH vs LINK is absolutely incomparable, LINK has none.

2. The Ethereum tech was actually innovative. It was the first successful attempt at a smart contract platform. It was decentralized and working one year after ICO. Chainlink only has centralized oracles (Sergey is lying about decentralization) which are not new or innovative. Their "innovative" solution to sybil resistant consensus is KYC.

3. The Ethereum foundation only had 1% of the Ethereum supply after ICO. The Chainlink team has 65%. Also when Ethereum was $1, it had a market cap of less than $100,000,000. It was actually a low market cap gem. Chainlink's real marketcap (if you count the 650,000,000 tokens in Sergey's wallet, ready to sell) is currently $2,000,000,000, which makes it an incredibly overpriced top 10 coin, not a low market cap gem like Ethereum was at the time.

4. Chainlink has already had mainstream exposure. It's made the front page of crypto subreddits countless times, was covered in forbes and every news outlet imaginable. Yet, even after all this attention, it has failed to get any developer adoption. It is fair to say that every single dev in the space knows about Chainlink, and decides not to use it. There are many projects running oracles in production, none of them choose to use Chainlink.

>> No.15818178
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15818178

Eth had a quiet period after mainnet and had marketing beforehand whereas link is in a quiet period but being implemented by major players plus being marketed strongly

>> No.15818232

>>15814758
>asking how long reading 188 lines of text will take

The sheer and utter fucking state of linkoidians. No wonder you fell for this shit, you literally know nothing about software or programming.

>> No.15818241

>>15818178
>Eth had a quiet period after mainnet
lie
>had marketing beforehand
Chainlink has already had 100x more marketing, not a single dev in the space doesn't know about it, everyone decides not to use it
> being implemented by major players
again, another linker lie. It's insecure centralized oracles. No dev in their right mind would EVER use that. The testnet has been out for one year. If someone was gonna use it, they already would.

>> No.15818251

>>15818128
Well the use isn't what it pretends to be. It's designed to financially and spiritually cripple /pol/.

>> No.15818260

>>15817988
> "Big blogpost announcement coming!"
> "We're reannouncing Mixicles™ because it didn't get us the pump to $2 we desperately wanted to restart dumping last time!"

>> No.15818280

>>15816418
Here, just don't come to biz that often anymore, just use the catalog

>> No.15818299
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15818299

>>15818241
Imagine putting this much effort
Have sex I guess

>> No.15818329
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15818329

>>15814620
>pending third-party security audits of the simple 188 lines of source code.
it has to interact with a whole hell of a lot more than that and the eth codebase is a total clusterfuck that the devs do not have a handle on, for which there is ample evidence

>> No.15818498

>>15814620
>>15814667
>>15814741
>>15814758
>>15814984
>>15815079
>>15816418
>>15817753
>>15818167
>>15818241
Why is there so much hate between Chainlink and iEXEC?
Is RLC really outcompeting Chainlink these days?
How come Linkies get triggered when you mention RLC?
Something is very off because Link whales are selling off to buy RLC it is even mentioned several times in the Chainlink Telegrams group.

>> No.15818535
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15818535

>>15818498
Simple biz Redditor here why the hate? All erc20 and erc10 tokens are brothers in arms

>> No.15818570

>>15818241
low quality effort

>> No.15818575

>>15814754
>nobody on Wall Street wants or needs more money
Just stay in bed permanently

>> No.15819327

>mixicles
Kek

>> No.15819364

>>15818142
cringe and retardpilled

>> No.15819388

I've woken up in Mumbai yet aye gain. I'm telling you this while I take my morning street poop. Will I survive another day? Only time will tell. Pray for me, sirs.

>> No.15819396

Mixicles was announced a month ago. Why are you posting about it again

>> No.15819887

>>15818241
Do you really think big institutions want to play around on a public testnet?

>> No.15819901

>>15818498
https://wiki.hyperledger.org/pages/viewpage.action?pageId=16324764

>iExec: 4 contributors will develop Ethereum smart contracts, integrate TEE options that support most of the the mainstream programming languages and native applications, and improve TCF easy-of-use for developers


>Chainlink: 3 contributors that will contribute to the TCF's plans for how to integrate with decentralized oracles and attested oracles, which will be able to provide both TCF computations and various on-chain computations enabled by them with secure access to various key API inputs and enterprise/payment event outputs.

>> No.15820047

>>15814669
DERP HERP DERP
A couple years back, AMD literally dumped on 30% improved year-on-year earnings because the market makers decided they were going to sell relentlessly during an after hours call. Didn't fucking matter what the content of the call was going to be.

Crypto is the same. You're watching for what the future narrative that they're going to choreograph the next price movement to. I mean you're a FUD brainlet who doesn't understand that there's a narrative brewing to pull in the next round of hysteria for the BTC halving (last time was smart contracts to crowdfund dapps). Well you probably actually understand that and are just being a facetious cunt.

>> No.15820171

>>15814620
>he doesnt know its a scam
good luck op