/biz/ - Business & Finance

>>16444229
You're right it is trash

anyone else sleepy

>>16444254
Splish Splash I was taking a bath.

any shiny rock enthusiasts?

>>16444259
perhaps a different color of shiny rock?

any /ausneets/?

FUD everywhere, yet the team just continues to silently build and make progress on pivotal.
mainnet will be completed and /biz/ won't even notice until the last minute.

where my mountain jews at?

any eurotrash around?

This is all extremely bearish. Chainlink is obviously finished and desperate. The exit pump is over and this is going straight to $0. Market sell your entire stack immediately.

>>16444273
mainnet already dropped retard. only low IQ dummies like you are left. hope you sold at $4

>>16444229
Wow, just bought more. Thanks OP

>>16444229
Fake.

>>16444229
wow amazing breadcrumbs bro

*price dumps even more*

>>16444389
It's not fake faggot, Chainlink twitter just retweeted it

I dont see it

Guys buy GOOG immediately

>>16444229
What am i supposed to care about here?

discord trannies out in full force as usual

>>16444425
nothing, you can leave the thread knowing you're not missing anything. enjoy the rest of your evening.

If quints chainlink is fucking done.

>>16444453
It's just beginning. Accumulate.

>>16444466
checked
kek knows

>>16444394
they're not breadcrumbs... this exists right now

>>16444507
yeah, who fucking cares

seriously

it's not like this is some groundbreaking breakthrough. "Wow I didn't even know that would be possible! How did they pull it off??? OMG!!"

it's not like it was hard to create

it's nothing

>>16444466
>>16444488
CHECKED

Why does kek look so favourably upon linkies?

>>16444408
hnnng
we are going to be so rich

crypto is going to crash soon check digits

>>16444566
pic related

I own chainlink btw

I'm sick of people hyping up stupid bullshit. If nodes can be built that fetch ETH>USD, obviously they can be built to fetch anything>USD. The fact that something so obviously actually exists now changes nothing, it could've been created instantly if there was a need for it

The thing that would actually be worth getting excited over is someone needing it, or someone actually using it

>>16444586
SNX will be using it. See: https://sips.synthetix.io/sips/sip-32

>>16444619
>SNX
Who?

>>16444659
Defi, new fren.

>>16444408
I buy a lot of googs m8

>>16444586
You’re an idiot. There’s a lot to this. We’re seeing the contracting of groups of nodes to provide particular feeds to defi projects. This is the end of the beginning.

>>16444229
based

>>16444870
This is a good time to leave your wife.

>>16444586
Wow, it's almost as if you make a conscious effort to keep yourself at the lowest possible amount of information.

>>16444229
How do you see all the other heartbeats?

>>16444896
https://market.link/search/jobs?sortBy%5B0%5D=created_at&sortOrder=desc&page=1

>>16444889
I would if I was married. Im a single, /fit/ 32 year old boomer with a 60k stack. Not a bad time to be on the roastie market.

>>16444524
Please ignore sir, please buy digital curry sir

>>16444729
Universal Protocol, next level defi anon check it

>>16444928
kek

>>16445119
https://twitter.com/chainlinkmarket/status/1201650704789540864

nice to have a comfy thread for once frens

Why is it only on testnet

comfoble

>>16444254
I’m sleepy anon. I think we should all probably go to bed desu.

>>16445102
snx has been a much comfier hold than link desu

>>16444893
oh wow my bad, "Synthetix" is using them, holy shit this is amazing! The price is skyrocketing in light of this massive news! STRAP IN MARINES!!!

thanks OP

>>16444273
This would’ve literally taken like an hour to make after the eth/usd was done. It took them 2 months to release this lmfao

>>16445185
because you need to test things

thx OP! You are awesome

>>16445185
>why is the function that’s going to secure millions of dollars of assets being tested?

>>16445243
>2 months to onboard a hugely important defi project and build them bespoke tools to secure their vast collateral reserves
>thinking this is fud

>>16445185
to make sure its bug free before its on mainnet

>>16445243
The eth usd was funded out of their own wallet. These new oracles it's unclear yet what kind of deal they worked out with synthetix, but they could be the network's first paying customers. Although from what I understand they won't be 5 minutes calls, rather off chain monitoring pushing updates on chain at specific % movements, which should be less precise but also considerably cheaper, meaning node operators won't be receiving many jobs. Actually nevermind those screen shots still display the timed call model but seem to be one call per hour instead of 5 minutes. Not sure which system they're gonna use exactly, and they also talked about opening a dozen of new crypto prices too very soon. The point is that synthetix and I assume compound and hopefully maker are gonna start to adopt link oracles and in the process will contribute to the funding, while also contributing to what sir gay calls the web of trust model, ie if defi standards use link then it gives it credibility and trust worthiness to be used by other entities, which is when money start coming in.

>>16444229
Based. Look at all the trannies seething. This is the bottom btw, pic related .

>>16445385
They've said multiple times that synthetix is not paying for it.

>>16445494
This is flat out wrong

>>16445243
>onboarding enterprise clients to bleeding edge software platforms takes one hour
Spotted the neet faggot that has never had a big boy job before. I’m in enterprise tech sales and our average sales cycle is 6-9 months.

>>16444229
the network and calls will grow exponentially

>>16444619
Sip sip. Synthetix confirmed boomers

>>16444431
All the important discord trannies left

>>16445793
For the semiannual Penis Chopping Extravaganza.

I-its beautiful... I actually get why a decentralized oracle is all its cracked up to be

>>16444586
>I own chainlink btw

Let me clarify, you bought chainlink for the fucking memes. You clearly don't understand anything that's going on here.

>>16445385
this anon knows.

>>16444229
Here's a question I STILL cant wrap my head around: the A PRIORI of decentralized oracles. Say there was a smart contract that all 7 of the nodes accept where the outlier by say .001% gets a minir penalty. WHAT IF THAT OUTLIER HAS THE MOST OBJECTIVE DATA BASED ON BETTER EVERYTHING, aka cool algorithms and price prediction modeling things and ALL sorts of data sources coming together to synthesize that outlier output.

And then they get penalized a couple linkies because the other two brochads just pulled whatever number is on google's front page.


WHAT THE FUCK THEN LINKIES?

>>16446190
I guess in this case a smartcontract like this would be like a "sybil attack" and it's still up to each oracle to agree to the smartcontract terms, but it makes me think things like a literal json parser to one source isn't good enough for the majority of ALL enterprises.

>>16446190
They get penalized but whatever number found on Google's Front page, its source will be deemed unreliable so developers will opt to avoid oracle nodes drawing from that API.

>>16446215
is* good enough

I start to report pasta as spam. You are becoming boring. Looks like after thot poster mass banning you pasta niggers are the next to be removed

>>16446190
>WHAT IF THAT OUTLIER HAS THE MOST OBJECTIVE DATA BASED ON BETTER EVERYTHING
The people operating that oracle don't enter into service agreements that put them at odds with retards who have inferior data.

>>16446223
But how would developers ever *know* that google frontpage is unreliable if the brochads keep racking up the 5 star ratings, while the based virgin uberprogrammers keep getting penalized and lose collateral backing? This is some shades of blue shit.

Basically though who's to say this wont circle back to where the original data points are still centralized?

>>16446255
So from OP picture, what do you acertain?
>Fiews lowest range
>linkbro and ~~~Omniscience~~~ same amount
>three other literally whos with a larger same amount
>based mysterious Figment Networks with highest amount but declines to comment

How am I as a rational enterprise thst cares about nanosecond differences supposed to judge which of these oracles is more "worthy" of my contracting? I'm guessing it's mostly proprietary and the oracles dont open source everyrthing right?
>tfw all in Figmewtons

>>16446190
if there is a node with "better" data then that data has market advantage that can be leveraged, someone will write a contract that can take advantage of these margins and enlist nodes that use these more accurate pricing tools whose existence you are conjecturing, other players will see the profitability in these new contracts and demand will shift away from nodes that simply grab a price from google's top result, and instead shift toward the higher tech nodes

>>16445494

>Moving towards decentralized oracles will offload these costs from Synthetix directly. Synthetix and Chainlink are working together to find a reasonable cost basis for ongoing upkeep of the various pricing networks for all synthetic assets used.

https://github.com/Synthetixio/synthetix/issues/293

>>16444229
>>16444254
>>16444259
>>16444265
>>16444271
>>16444281
>>16444297
centralized piece of trash. putting this info in the blockchain is not difficult nor is anything new, but youre probably just some low IQ unskilled minimum wage fucktard who doesnt understands even the basics of CS. keep on posting and keep on posting. enjoy riding those worthless bags to sub $1

>>16446565
Yeah and the timeline for that should be measured in years..... none of that shit is ready which is why chainlink is making this bespoke solution

how would they even pay for it without staking/reputaiton? What would be the point? There's a reason they have 300 mil link for this stuff

>>16446548
But how can an enterprise tell? Buzzwords on the oracle's frontpage about their techniques, with maybe a whitepaper? I know just a little about asset valuation, not much, but companies do tend to use only a handful of the "tired and true" legacy ones.

>sidethought: will there be "decentralized arbitors" in the future for which nodes had the most accurate and true data at that nanosecond?

But curious FOR NOW what you think about this
>>16446351
and how it would be more beneficial than for a company to just run two third-party APIs with another company in the smartcontract

>>16446351
If you were a rational enterprise, you wouldn't be asking a NEET who just rubbed tiger balm ultra on his balls and taint how to evaluate entities with whom you might do business on an experimental, unproven tech stack.
At this point you'd solicit Sergey et al. for information about how to make smart contracts work for you. If you're not in the business of figuring out problems that have never been solved, you give up and wait. If you are, then you spend a lot of time and money solving these problems with team smart contract, one of which is establishing criteria by which you will evaluate if TigerBalmNutz1488's NEET node can provide you with reliable service. How well does he maintain a professional relationship, what data sources does he use, what's his infrastructure, does he have a real life reputation on the line, what are his incentives to screw you over etc.
When dudes say we're early they mean we're so early that we are watching the digitization of business fundamentals that have been painstakingly figured out and codified over the past few centuries. You're basically worried about how they are going to solve problems that nobody had the vocabulary to adequately describe more than 5 years ago, so relax and let Sergey and friends carry you into the future.

>>16446625
They would pay for it with LINK, just the like the other mainnet reference contracts are paid?

>>16446687
Good point I guess... then again
>TigerBalmNutz1488
>implying it's not just Sergey with a VPN
Yeah, we tested them out and they're a good node
>meanwhile dumps another 700k on you

>>16446625
You had two years, I’m sorry

I can literally make my own oracle for free. I can literally parse data into a blockchain myself without any middlemen. This is why nobody is using Chainlink. Only tech illiterates are still holding bags, maybe waiting for the devs to dump on them again.

>>16446858
you faggots are the reason no one comes to this board anymore, I seriously hate you so much

>>16446796
who is they

>>16444229
I haven't posted in a LINK thread in a while, but when I do I always ask the same question. So far no answer, but hey maybe things have changed.

Does LINK have any customers yet? As in actual businesses paying to buy LINK to use it in their operations?

>>16444229
Can someone explain to me why Chainlink is needed for this?

I don't know anything about Chainlink for the record.
But wouldn't it be very simple to fetch such data from multiple sources online, make a function to detect and ignore an outlier and then make an average of all the good sources? Does Chainlink do more than this? Why use it?

>>16446895
You sound like a teenage girl

>>16446914
motherfuckers can you do fucking 2 minutes of research

>>16446903
>As in actual businesses paying to buy LINK to use it in their operations?

According to Chainlink United States entities aren’t allowed to buy LINK tokens. The ICO barred Americans. So nobody is ever going to use it but that’s ok, the purpose of this project is to extract wealth from cryptards, not solve the ‘oracle problem’. Chainlink has already succeeded and it’s now winding down to a gentle exit.

>>16446903
No, it's a scam

>>16446991
Why can't you explain it?

>>16446991
Classic empty deflection response to hide the fact you don’t have the answer. When linkoids struggle they just say DYOR, when something’s easy though they have no issues making walls of text instead of telling the guy DYOR. You’d be better off just not posting at all instead of making yourself look angry.

>>16447004
Fuck my ID.

>>16444273
based.

They don't know.

>>16444396
>It's not fake faggot, Chainlink twitter just retweeted it

>>16445386


Ive only seen one chart that looks like this and it was one that went on a crazy run. like $2 all the way to $40 in a 2 weeks time.

Kinda looks like this.

I'm still waiting Linkies, convert me to your cause.

>>16447522
I'm getting antshares vibes over here

>>16447076
You earned it

>>16447522
I’m aroused

>>16447522
>Comparing pharmaceutical stock with chainlink
The absolute state. Never ever gonna happen, never gonna make it. wake up.

>>16446600
welp. Checked

>>16447902
>you can't just compare two heavily manipulated markets!

itt chainstinkers cope
this shit is going below $1 and there is nothing you can do about it

>>16446600
>literally shows the various independent nodes (and who runs them)
>"it's centralized"

beep boop

>>16445494
>>16446625
>>16446895
this is really cringe anon, why do you insist on being a fucking retard after you're shown that you're wrong?
it's not the board you hate, it's yourself for being such a low IQ fuck and not buying 2 years ago.

>>16444466
Checked. Time to buy more lads

>>16446600
>I took one intro to CS class (which I failed) and now I will parade my tiny brain around /biz/ in a Halloween costume

>>16446903
If you had read the thread instead of just posting in it the answer would be clear.
It helps to read, not just squat down and shit, anon.
>>16446914
>>16447002
Nobody is going to explain the absolute fundamentals to you because it has been discussed ad nauseam for 2 years on this board. /biz/ has done an EXHAUSTIVE deep dive into Chainlink. If you are ACTUALLY interested in learning, you can go read the archives. I suspect you aren't, which is why nobody is going to waste their time on you.

>>164444

Hey thanks based Anon. How did you happen to find these? Also, what website URL can I use to view these? I'm wondering for the future so I can also look.

>>16444229
>>16444444

>>16446600
euhHH IDS CENBTALIZED

>>16444362
remind me in 1 year!