/biz/ - Business & Finance

It's over

>>19929178
what is a sniggekkei

>>19929178
who?

Buehahahaha

>>19929178
they just need to switch to using uniswap, it never had this issue

>>19929269
SNikkei aint on uniswap , bro

>>19929178
Oh nononononononononononononono linkies will NEVER recover

The betrayal at this stage is fucking disgusting.

HAHAHAHAHAHA SERGEY YOU FOOL

Yikes

If green ID LINK to $420 tomorrow night.

A 2 billion dollar start cant even build an oracle bwuahahah

Oh god it can’t even handle a synthetic how will it handle China oh nonono

>BREAKING NEWS: China to withdraw from Chainlink partnership over technical difficulties

>>19929497

>>19929548
>>19929575
china using link? this is huge bought 100k as we speak

Cant even json parse properly

>>19929695
Literally who?

Non shitpost incoming
On one hand, it's a good thing that these kinds of issues are being identified and fixed while Chainlink in general is still in its infancy
I would be extremely concerned if Chainlink had literally 0 issues after launching on Mainnet
Every piece of software has issues that must be discovered after developing it, no exceptions.

On the other hand, it obviously looks pad from a PR standpoint. And the fact that they aren't even able to have a perfect price feed doesn't bode well for their expanded oracle use cases.

>>19929178
Is it a 'an engineer confused gold and silver' or is it a 'the data providers/node operators went down?' No updates on the feed page since 9 am

>>19929901
Last time this happened it was an issue with the contract the company wrote, not an issue with Chainlink. My guess is Synthetix fucked something up.

>>19929901
Follow up

Looked at the sNikkei price history on the synthetix exchange and i dont see anything glaring
Compared to the actual Nikkei price, it seems to be functioning properly. It's obviously possible that SNX wiped the dirty data or something, but it could also be an issue where it just stopped reporting rather than reporting a completely inaccurate price (which would be significantly worse)

>>19929976
Incorrect. Last time was a chainlink engineer typing xag instead of xau

>>19929976
true. i remember that, they put in the wrong ticker and switched gold and silver if i remember right

no point jumping to conclusions before we see an explanation of the issue. the tweet is pretty vague

>DECENTRALIZED finance
>assets can be paused

>>19929695
>1 retweet
Imagine posting your own cringe clout chasing on biz. Pathetic.

Any updates on this? Fatoshi is about to exit scam

>>19929497
checked

>>19929497
based

>>19930748
WTF are you checking, you absolute nigger!

Bump linkies need to answer for this sin

>>19929269
>People still believe there should be offchain data while in reality all data should always be onchain and generated by the network.

>>19929178
Wtf

It’s ogre

Imagine implementing and building a whole business around link chain token oracles, then the service goes down and your liable for billions

Bwuahahahaha

>>19931316
Oh man your engrish is horrible

Imagine having to buy these tokens to integrate a service then the service sucks total balls and youre stuck with a bunch of worthless ERCtokens and no customers

Bwuahahah

Imagine paying for a token that has no use while the found gives millions away to partners for free. Bullish


Bwuahahah

>>19929269
Uniswap only works with ETH-based tokens, dumbass.
The Nikkei is not an erc token lmao.

>>19931589
Imagine spending almost two hours gloating about fuck ups by billion dollar networks that you have absolutely no stake in and are completely unrelated to in any way. Peak autism.

>>19929178
>literal who twitter trying to fud Chainlink
>Chainlink is still pumping

Get fucked fudders.

>>19929497

>>19930059
the funny thing was that it was wrong on sergey's slide too the day before it happened
I'm not even memeing, whoever made that ppt also made the error in the contract. Learn your fucking chemical names.

>>19929695
>notice me senpai

Imagine thinking a json parser that doesnt even work is valued as a 5 billion dollar market cap startup

>>19929178
wait what even is this

https://en.wikipedia.org/wiki/Nikkei_225

https://feeds.chain.link/n225-jpy

https://blog.synthetix.io/more-information-on-the-new-equity-indices/

anyone know what api sources they're using for this

Linkies are being extremely quiet about this

>>19931908

>>19929178
If Chainlink goes under 4.5$ at the end of Sunday and crabbing again I am pooling into this:

Guide
>>19912887

Pool address
https://noproxy.pools.balancer.exchange/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682


Btw do we have any SNX holders on /biz/?

>>19931949
Still pumping, fud all you want you'll never be able to afford a suicide stack.

>>19931974
10K suicide right?

>>19931957
Beuahahahah

Probably a question for chainlink? Wow thats horrible news. Imagine not even knowing where the feed comes from.

These guys are amateurs

>>19932152
Imagine making someone else's investment a central theme in your life, when you haven't even met them.

Imagine thinking link will moon

its all a scam LOL
bunch of nodes getting their data from the same API sources

a couple API sources go down everyone is fucked

>>19932302
You're a complete sad case. What a hopeless waste of a life.

Imagine justifying your own existence

Imagine the only reason coming to this bored is to validate a worthless token

New tweet from synthetix, wasn't link's fault whatsoever, appears APIs were delayed in reporting data. This is an interesting problem though.

>>19931755
lel it'd be a very Sergey thing to do to blow up at somebody for making the same mistake he did

>>19932630
And OP got btfo once again...

>>19932630
>adding more data providers
>more LINK nodes

not only was it not LINKs fault, but as a result of this there will now be more LINK nodes receiving payments
this is a good first step, i imagine SNX will take this as a learning opportunity and do the same thing on a number of other synthetic assets, thereby increasing their overall LINK dependency ten fold

>>19932630
>no chainlink nodes had any issues
Nice

>>19932630
This is the biggest fud for CL. No matter how many nodes you have if the source isn’t reliable it’s all pointless

>>19929497
YOU FOOL, YOU'VE RUINED US ALL

>>19932730
how is that links fault
seems like all these basement projects have a problem with not being on links level

>>19932730
Anon, you're simply describing an irresolvable problem in general

LINK does it's best to resolve this problem by having multiple nodes and data sources, but at the end of the day there is absolutely no solution on earth to retrieving data if every single source of data goes down.
LINKs solution, while not theoretically perfect, is as good as it gets

>>19932630
Fudders absolutely destroyed right now.
Chainlink did nothing wrong.

>>19932730
>if the source isn’t reliable it’s all pointless
You can listen to Sergey's talks on this, the solution most nodes use is aggregating premium APIs that have service guarantees.

>>19932696
No fren, they are adding more data providers, not link nodes. Think APIs / data aggregators.

>>19932790
Multiple reliable data sources should be the first problem they should be solving

>>19932730
It's a problem that would have existed without CL, so what is this even? Do you want to have the benefits of a decentralized oracle and have this problem or do you want to have to trust all data providers and STILL have this problem? Either way, this problem is here because it's an API issue.

>>19930059
The turned silver into gold, I don't see the problem?

>>19932835
That does mean more collateral required for each node to validate the APIs though.

>decentralized
>let me use my central button to pause everything

>>19932730
CL actually addresses this problem by making it easy to ingest and average multiple APIs reporting on the same data vs. relying on a single API or needed multiple feeds and needing to average or pick an API. CL adds an incredible amount of efficiency where there currently is none. A delayed feed is a delayed feed, only way to fix that is to use another feed, but the other feed could be delayed as well. By allowing ingestion and validation of multiple feeds you reduce the problem exponentially, it is unlikely all data providers will be delayed or inefficient at the same time.

>Centralised scam
Population of Surprise Town: 0

>>19932839
Imagine being this retarded
>if Chainlink can't magically produce verified data out of thin air, it is useless
Chainlink was never meant and will never be a arbiter of truth. Chainlink is data agnostic. What it does is provide the infrastructure and incentivise good data.

>>19932839
link is agnostic middleware, as in literally that. Are you saying that "https" protocol shouldn't exist or it's the protocol fault that the website meteo.com is giving you the wrong weather. You understand how brainlet that is right?
Link is a data transfer mechanism.

>>19932630
Fudding trannies and third worlders humiliated yet again.

>>19929178
I am 2017 buyer and this thread and like 4-6 threads other since wants me to market sell.
At the end of the day CL seems like a glorified meme that adds friction. but hey its clown world this doesnt need to be bearish for LINK per se

>>19929497
lesssgetttit

>>19932730
dude linkies have no idea how or why chainlink works
they think it magically comes up with prices
none know what API stands for

>>19932630
Industry standard

>>19933100
so Sergey doesn't just browse coinmarketcap every half hour and manually type in the price changes in the oracle?

>>19933164
No, he has rory do it silly

>>19932607
>12 posts by this ID
>2 minutes later:

>>19932630
>No posts by that id since >>19932607
Oof. ESL Pajeet got BTFO hard

>>19933578
Nolinkers are the dumbest people on earth.

>>19929497
based

>>19929178
Fucking kek imagine not selling at $4.90

>>19933732
Yeah just imagine xddd

Data validation is part of these crypto projects, hilarious that the Raskesi's are trying to lessen the blow from this embarrassing failure

>>19931957
>>19932630

lmao. it's almost like, offchain data was a fucking mistake. Also why the fuck is anyone paying for "API access" to things you could get, likely for free or even at a lower cost per call, from Yahoo or literally whatever data source you're trying to reach? Are linkies literally this retarded? Am I really supposed to pay a bunch of retarded NEETs for data that I can get elsewhere legally and cheaper?

snikkel? literally who
chainlink 500 eoy

So... is it time to buy tellor?

>>19929497
BASED LOL

>>19932730
>if sites go down, internet is useless
This is your argument

>>19934101
They’re definitely not sending their best
The most frustrating thing is how they never realize how dim witted they truly are.

>>19934101
site going down is much better than the data likely being illegally scraped shit off yahoo finance or even potentially misleading data being sent to cause smart contracts to execute. Also where is your smart contract reconciliation if such a thing provably happens? in a non coin fiat court where real data and contract enforcement belongs? LINK is fucking retarded you deluded NEET.

>>19934369
Damn, he mad

>>19934369
Shitiest fud i’ve seen uncle old fag or ranjeet.

>>19932630
OP BLOWN THE

F
U
C
K

OUT!!!

>>19934369
>LINK is fucking retarded you deluded NEET.
we're going to be putting out assassination contracts on you fucks in the future
shut your mouths already
we know you're lying
you know we know you're lying
the only thing left for you to do is hide before it's too late

>>19934668
>we're going to be putting out assassination contracts on you fucks in the future

Tellorchad rise up

>>19934668
>we know you're lying
>you know we know you're lying
>the only thing left for you to do is hide before it's too late

>>19931957
What the fuck? Are they retarded?

>>19934691
Yes, assassination contracts for those who insult Sergey [PBUH]

>>19932730
This is the reality of oracles. It is not a blockchain. With oracles you are making it "as best you possibly can", which is why building an oracle network is at least as complex as building a blockchain network.

I was worried this day would come... All it takes is one massive fuck up and oracles are done

>>19934926
chainlink = rokos basilisk
https://slate.com/technology/2014/07/rokos-basilisk-the-most-terrifying-thought-experiment-of-all-time.html
>gif related
>oracle feeds for "smart drone" assassination contracts

Link sucks

Just boutgh 100 more link near the all time high

>>19935530
>>19935369
>Yes, assassination contracts for those who insult Sergey [PBUH]
pic related of the official CHAZ twitter channel, look who they're following

>>19935558
>Link sucks
>t. pic related
https://en.ethereumworldnews.com/chainlink-link-hodlers-increase-by-100-in-2020/

>>19933953
>multi billion dollar smart contract that uses Yahoo finance data to execute
>work at Yahoo finance
>contact one of the parties involved and tell them you will fudge the numbers in their favor for 50 million dollars
>fudge numbers, retire on some undisclosed tropical island
Thats why.

>>19935818

>>19932630
serg was a good boi he dindu nuffin

>>19929178
>ooooohhh liiinkies.....
>how are those oracles going?
>>19929341
>Oh nononononononononononononono linkies will NEVER recover
>>19929380
>HAHAHAHAHAHA SERGEY YOU FOOL
>>19929362
>The betrayal at this stage is fucking disgusting.
>>19929471
>Yikes
>>19929521
>A 2 billion dollar start cant even build an oracle bwuahahah
>>19929548
>Oh god it can’t even handle a synthetic how will it handle China oh nonono
>>19929575
>BREAKING NEWS: China to withdraw from Chainlink partnership over technical difficulties
>>19929722
>Cant even json parse properly
>>19930683
>Any updates on this? Fatoshi is about to exit scam
>>19931316
>Imagine implementing and building a whole business around link chain token oracles, then the service goes down and your liable for billions
>Bwuahahahaha
>>19932152
>Probably a question for chainlink? Wow thats horrible news. Imagine not even knowing where the feed comes from.
>These guys are amateurs
>>19933953
>Am I really supposed to pay a bunch of retarded NEETs for data that I can get elsewhere legally and cheaper?
>>19934369
>LINK is fucking retarded you deluded NEET.


lol, this is seriously escalating ever since they activated their ZOG-BOTS for american election civil war bogaloo

>>19936216

>>19932302
It did moon. If you bought under $1 you made significant gains. Most of crypto is speculation. Doesnt matter if you have a working product. The name brand and marketing at the right time move the price. I dont agree link has technical value, but they got neets to meme it to $5 from 12 pennies at ico. Crypto just doesnt work the same as stonks.

>>19932630
SERGEY UNBETRAY

>>19936286
Kill yourself

>>19932076
>Crypto peaked in 2017 and can never ever ever go above that says this faggot.

Sure. It will never go above $100. "That's what 10K suicide stack, right?" means.

ETH pushed past a 150 billion cap at one point. LINK hitting 35 billion would put it at your "suicide stack, right?" number or damn close to ETH's ATH if you release the other 650 million LINK tokens.

>>19932804
>implying Chainlink didn't pay for that tweet

>>19932816
if they're using premium APIs why aren't they public about which APIs are used in their price feeds?

>>19932851
>implying API issues aren't CL issues

>>19932908
what incentive is there even to use multiple APIs? how do you even know which APIs are being used by oracles?

>>19932936
>incentivise good data
how does chainlink do this?

>>19937256
5 posts by this id in less than 10 minutes...

YIKES!

>>19936440
>Kill yourself

>>19936363
>Crypto just doesnt work the same as stonks
So far, crypto has been chugging along on speculation and hype. But this could change. We have not seen widespread adoption of crypto technology yet. But it likely will happen. When it becomes economically beneficial to start using these new technology, companies will dive in deep

>>19937270
1000e-4EOY

>>19929178
a decentralized oracle won't exist for another 20 years given today's tech

t.20y in IT/ back end dev

>>19935818
>the official truth and facts about huawei

lmao. Do they not realize how orwellian 'Official Truth' sounds, or do they realize and just not care?

>>19929497
Checked
We are all gona make it

>>19938095
There no IT 20 yr old you faggot that even have the viewpoint to talk to the middle managers and up about adoption of new tech. I say this as someone in their mid 20s who has to beg my manager to let me come and take notes about big data projects and technology revamps and i’m actually in a program that suppose to groom me to a manager...

Instead of fudding LINK and looking retarded why not just buy in unless your that fucking poor you can’t afford $4.

>>19938574
He meant he has 20 years experience in IT/backend

Just sold my stack. Got out just in time by the looks of it.

OOOHHHHHHH STINNNKKKKIIIIEESSSS


80%%%%%%%%%%%%%%

>>19937256
If you don't even know the basics of how chainlink works, then why are you sitting here arguing so strongly against it? You don't know how this stuff works. So kindly fuck off and do your own research and then you can come back and discuss your concerns

>>19938574
Nice reading comprehension, fucko.

>>19938495
They’re nakedly admitting being murderers and are laughing in our face how they’re getting away with it.
They’ve sown the seeds of their own destruction.

>>19938738
These are topic “busters”
They’re not here for actual discussion. Just paid to sideline genuine posters and lurkers. .

>>19938812
Kill yourself

>>19937091
>implying you don't shit on the street

>>19938738
I’m very aware of how chainlink works. Here’s my question put another way: there is nothing in the Chainlink contracts that enforces node operators to announce which data sources they use. You can select 100 oracles, fine, but how do you, as a user, ensure you are getting data from a robust set of sources?

>>19938095
i have 21 years in IT/ back end dev and you're wrong

>>19938933
knowing what apis to attack is also be how someone malicious would work out how to compromise someones contract

>>19929695
>>19932630
Bend the knee faggot

>>19938976
So “security through obscurity”? On another note, I think you’re assuming all API providers are equally easy to attack. Attacking a good API provider isn’t easy. It would essentially involve hacking an API providers internal infrastructure.

>>19937357
The foundation is being explored, researched, and built. Blockchain is here to stay. Incentivized blockchains like Bitcoin and other proof of work chains have set a tone for cryptocurrencies. Do you see decentralization of centralized data exchanging or vice versa? Isnt Chainlink supposed to be decentralized or is decentralization a lie?