/biz/ - Business & Finance

what i dont get about this and uncollateralised loans is if i prove to 3 different people i have $1000 and they all let me take a loan and then I am liquidated how do they distribute my remaining assets. Or rather how do they also ensure I'm not duplicating collateral

t. midwit

> I have to defend myself in a new thread
I'm a linkie but do cucks really

>>22833181
DECO is not limited to the scope of uncollateralized loans, which would be an application that utilized DECO proofs to formulate some form of credit score for the loan. I believe you are taking "three person handshake" too literally

>>22833219
Perhaps I have a life and I was doing something else when the old thread pruned you twat? Contribute info for newbies or gtfo

Dude we don't even have staking yet
This DECO mumbojumbo is probably years away

>>22833505
Its all the same package of features aimed at making enterprise be able to actually use block chain, it's the end goal of the ethereum enterprise alliance and what the rich have wanted from Chainlink and blockchain automation from the beginning (read Klaus Schwab's The Fourth Industrial Revolution", Klaus Shwab is founder and chain an of the World Economic Forum.) Microsofts Baseline Protocol, Oracles Integration announcement soon, Sergey speaking at WEC, it's all coming in the next 6-18 months. Stack your bag, because speculators have never been abls to move chainlink price. All recent upward trend are the big boys deploying their projects.

>>22833450
>Perhaps I have a life
gfto reeeeee

>>22833450
no one cares about Ari Juels and friends latest cash cow bro

>>22833588
>gtfo reeeee
Never, my girlfriend wants me to leverage your and the other posters autism to make ourselves rich and I'm gonna do it. Link is the way, I'm trying to share info with the unaware.

>>22833567
> read something that was ghost written by a WEF staffer
if we do that we might get the sheeny curse

So correct me if I'm wrong but this DECO is basically a decoration to the chainlink logo that makes it look more cool?

>>22833607
>no one cares about breaking advancements in a budding field with easy access to investment and lost of upside potential! Stop sharing! Only whales and "OG"
Ask how I know you reek of newfag

>>22833616
>pic
based Future/AVA poster

>>22833632
this. being cool is something ari juels and Sergey never were during HS but luckily for them Fang Zhang is way cooler and has his own car

>>22833638
> you had three years
> flush it fundamentally
satsgang killed biz bro no one is listening

>>22833632
Unsure if genuinely newfren, but no. DECO is an additional data aggrigration/validation and zk proof creation protocol created by Ari Juels which compliments his earlier work done with Smart Contract/Chainlink Labs. Ari, a citation lead in the field of cryptography and professor at Cornell University, sees so much potential in Chainlink and what it offers as a network/software stack/protocol layer that he left the resources of CORNELL University cryptography research devision to go back to working with Sergey. He knows it's time that all of the revolutionary action of the fourth industrial revolution is underway and its all hands on deck.

>>22833743
I liked crumbs hunting better for some reason

For any real homies out there, I am two, Two is one of four, and one of four, which is two, surrounded by one, ten, and fourteen. That is how you will be able to identify me. I wish everyone who asks questions in this thread financial prosperity, please invest in Chainlink while you can get in cheap.

>>22833743
>>22833817
> all hands on deck
> can't find anyone to fill the roles
> I'm yet another magic tranny namefag from discord
> I'm helping (you)
I'm here for teh tech too bro kek

>>22833839
If I have failed to convey the value prop of chainlink and their related tokenized investment vehicle I am sorry, I have failed you.

>>22833898
>i
>i
>i
kys

>>22833898
your shilling is far less annoying than the satsgang script faggots that have posted here lately. I understand the value proposition of link and am waiting. Perhaps I should keep my mouth shut but I cannot stop fudding shills. kek

>>22833131
From what I understand OP, the guy in >>22830231 is correct
Well you’re both correct.
The importance of DECO is only realized under the assumption that large amounts of value, perhaps in layers, are being autonomously transferred depending on that data point.
Example. Replace Bob with an computer program that manages renting an apartment. Bob learns that Alice has sufficient capital to pay for rent. Bob now is using this data to trigger multiple other services necessary for Alice to progress into moving in to her new apartment. Emailing her documents to sign, ordering her keys, ordering the service to clean her apartment and get it ready etc etc. Perhaps the cleaning company/workers, for example, that then receive payment has their own levels of automation triggered.

>>22833914
>my ability to intentify my own responsibilties and shortcomings makes you uncomfortable to the point where you mock it
Oh summer child, incapable of thought. Please buy chainlink, read the white paper and their research papers, watch their YouTube videos

>>22833962
>>>/reddit/
>>>/discord/
kys

>>22833817
OK question then, if staking isn't released and we enter a real bull market with btc and everything, would it be wise to try to time an exit? I'm in the never selling boat but this is the one thing that worries me.

>>22833957
*have their own levels of automation depending on that payment

>>22833957
your example is false on several premises:
> Bob learns
Bob is a nigger he cannot learn. Instead Bob mimics animal and human behavior and tries to fit into regular society
> replace Bob
BLM nigger
> Bob the nigger computer program is sending large amounts of value
impossible. niggers cannot be computer programmes and they cannot into large amounts of value

>>22833131
If I had an API which requires login credentials to get some data X, would I be able to proof to an oracle node that data X is genuine without giving him the login?

What if Alice just wants a ride on Bob's Big Black Boat

>>22834061
kek Ari the mega kike pushing death to the white race while selling his latest oracle add-on solution

>>22833928
FUD away, responding to bait of all levels is where most of the fun is for me now, plus it helps the new frens go through the DD process.

>>22833957
I just wanted to make another thread to extrapolate on my explination, I am not worried about sufficient network volume considering Microsoft backed baseline protocol will include chainlink in its software offerings, as a sublayer of their dev stack, and I have reason to believe LINK will be involved in SWIFTs new payment settlement layer which uses blockchain to allow banks to have instant transactional finality for very little cost.

>>22834052
Im not sure I understand the question, I do not claim to be extraordinarily intelligent by any means, could you provide an example use case of what you're explaining? Like if a website which provided a data feed could provide a proof to the end user their data feed is correct before the end user has submitted account information? It'd more be along the lines of: the website owner pays node operators for API calls because it provides the website owner with data it can use to craft a service for the end user, who pays the website builder. Buying chainlink let's you profit on the network growth without having to develop technology with it.

>>22833981
What the fuck are you trying to convey, you mouth breathing, cock gargling, shit sucking nekker? Type it out in English if you can manage the mental strain.

>>22833986
The aggressive hiring and ari coming aboard at the same time as t-systems jumping in on the node business for profit tells me that everything we've been waiting for as a catalyst is already ready, and the Launch of our price catalysts are months/weeks not years from release.

>>22834061
Sometimes I feel like ari and crew shitpost here orienting to hate themselves...
>>22834088

>>22834126
> read my blogpost goyim

>>22834025
If I am missing something, you will have to take a less sarcastic tone for me to understand
I make the assumption that under a scenario where smart contracts prevail as as the dominant form of agreement, what can be automated will. And at sufficient scale, a chain of reactions will exist.

>>22834154
I typed individual responses to people who were interacting with me and sent it in a single post, where is your problem, newfren?

>>22834126
thoughts on the esoteric connections of Chainlink and its implication on freedom in the future?

t. schizo fren

>>22833632
>>22833743
I like the new logo, I think it's an improvement for the ecosystem to have a logo like this. Thanks for explaining how it looks cooler.

>>22834126
Is Ari working on an even better Saturn reference in the next logo? Is that why he joined the team?

>>22834161
you make the assumption that all individuals are of equal means and understanding/intelligence before the contract is executed. The chain of reactions might be fine but I find that watching (((difference races))) with radically different cultural assumptions such as beginning from false premises.

>>22834176
> loquacious defence
kek

>>22834088
>>22834138
umm that pic is of Rory not Ari newfren

>>22834186
>implications on freedom
Depends on your IQ level and point of view. It will, in terms of the general American perspective on life and the purpose of humanity, be a detriment to human freedoms on a grand scale. I no longer hold this view however, and believe the goal all of this will achieve is worth the means currently being put into play. Here is a thread I posted a while back, I've since changed my opinion on a few things I reflected on in this post but for the most part I feel I'm spot on. The technology required to time travel can only go as far back as the beginning of its own creation, the quantum AI, objective recorded blockchain ledger of God morphed with biosythetic electronic humans using neuralink and its deviations will make humanity an ungodly civilization, assuming we cannot find a way to simulate life here, we might be base universe. Sorry about quality

>>22833131
>This is what ari Juels demonstration with Alice and Bob proving that Alice had more than $600 in her bank account to Bob, without revealing how much money she did have or her bank info, instantly, was meant to convey

is this from a video? link to sauce?

DECO is perfect for blockchain voting and open banking standards. Hopefully this becomes a reality so we become disgustingly rich is the process..
Like being an angel investor for Google money.

>>22834284
Its the kind of blabbermluth forged by autism enforced societal neglect anon, don't you know?

>>22834377
It is on the Chainlink official YouTube channel, Ari Juels presentation from Smart Contract summit #0 - DECO

>>22834397
dude you should get out more and have sex incel

>>22834332
Will there be any way to stop this? Very fascinating that you mentioned this "once happened on Saturn." What did you mean by this?

I do believe there is are certain people here (neo Luddite linkies) that believe, in my most apt phrasing, "The Fourth IR and its consequences will be a disaster for the human race."

On a smaller scale, what sort of skills and mindset would you recommend a Linklet neet with zero real world experience and skills to cultivate? I have a decent stack but not a big one, and I suspect that one of many failures for Link neets like myself will be that this wealth we garner will be squandered eventually due to lack of leveraging and self-control.

A lot of questions asked, I apologize, but you seem to be an interesting enough individual to consult.

>>22834427
I'm lying next to my girlfriend and feel emotionally fine, I just wanted to be talkative with the anonymous forum I've found consistent comradery in over the years while helping them make money

>>22833607
>no one cares about Ari Juels
such filthy lies

>>22833817
>Two is one of four, and one of four, which is two

>>22834332
so many fake 42s lol
>i get it while sober for the first time
hahaha

>>22834436
Happened once on saturn is me alluding to the concept it's not entirely impossible for this technology to have been misused, past or future does not matter when you're looking at time as a transversable dimension, and that misuse caused damaged to saturn that mark it with the hexagon and hyper cube as a result

There is no need to stop it, quite the opposite actually, what you can do as a low linklet like me is to do what I am doing, try to learn and try to help others while spreading the word. I am not an authority, I am not an insider, I am just a dude who lurked here some years ago and wanted to forward the good will of the anons who spoofed me. I only want to share my conclusions, and point to my sources (chainlink labs research white papers) so other people like me, who lurk and ask questions when a lurker turned talkative feels like conversing, can never have to wage again. Learn and then help others learn.

>>22834514
>>22834532
>>22834613
> 42 Qboomer latefag simp poster activation successful

>>22834613
don't worry no one thought this retarded larper was actually you
you're both faggots tho

>>22834613
I thought you'd find that entertaining, I couldn't remember if showed up in that thread or real for not since I spent most of that week in a trip.

>>22834627
42 is the real deal, Qanon has at the very least devolved into mainstream normie bullshit, I see the patterns as this 42 is legit

>>22834650
>
Thank you

I hope another anon will pick up the torch with much less spelling errors due to fatigue, goodnight bizbros, I hope the smart buy chainlink so their intelligent minds can be free of the wage slavery we call modern finance, and put to use in evolving the human condition with innovative technology.

>>22834627
>42 Qboomer latefag simp poster

>>22834769
>goodnight bizbros
good night bro
feels good to be shitposting beside your waifu doesn't it?
one of my favourite activities is to tease my girl when we wake up in the morning and having a good morning shag before breakfast

>>22834377
https://youtu.be/zWTx1iQOCDM

>>22834382
You get it, completely self custodial banking, and the profit that comes from the debt creation and derivatives from lending your capital, will be decentralized and transparent in less than 20 years. The average person will have access to the means by which to negotiate for percentages of the value they create in an asset they chose, and trading among those assets, which are tokenized representations of your own productivity or electronic cryptographic proof of healthy debt to a productive project, will be settled instantly.

In one final act of faggotry, if someone here actually bought chainlink, and they want to tip me for pushing them toward the white paper or providing answers to questions I will keep the keys to this wallet for 10 days:
0x4BfAA1B377d2B49F6c3f263a1EF833aDD4f36C4D

>>22834896
>He knows

>>22834946
Full disclosure, I only own 430 link and 5000 PNK, I earn 17 dollars an hour working 28 dollars a week as a junior tax accountant, less than $600 in bank account, buying link every paycheck with 20% of earnings. I am a lurker turned punished swinger now trying to make up for lost time. Thank you for reading my blog.

>>22835036
>swinger nulinker begging
Disgusting

>>22835084
I am honest and I repent, I am in a rush because humans die, any way I can get to end game faster I will take.

>>22833567
>Sergey speaking at WEC
what's WEC and when?

>>22835134
Mis typed WEF World Economic Forum, same rich man club as Klaus Shwab, here:

https://twitter.com/sheila_warren/status/1294749278506606592?s=19

>>22835134
he means WEF
>>22835125
>>22835084
>>22835036
kek

>>22835216
Ahh yeah the WEF partnership is big. Implies a lot.

>>22833131
For someone who owns a stake in the holding company and supposedly cares about the project juels certain takes a lot of money off the team for his work. That shit looks like self dealing.

Don't say I dont try, biz, this isn't the first time I've done my best to answer questions, and I'm not the first person to try and get all of biz on board either, like other anons have pointed out in the newest traced glowie fren that is trying to get you to buy LINK. You will have no excuse for being poor in 5 years when link is worth 81K per coin.

>>22833817
This is interesting. How will Deco tie in with Ocean? Both seem to be working with data in different ways.

>>22835308
all of biz is already on board nigger

>>22835286
DECO aq. Was for an undisclosed amount AFAIK, and either way, I'm sure he's doing tons of kickbacks to Cornell University and the young cryptographic minds he's employing as student researches first and chainlink employees second.

>>22835334
Then the services im offering are of no use to you, if you already know a spoonfeeding thread has no utility to you, go to a fud thread so we can load more bags.

>>22835308
>eing poor in 5 years
people were saying this 5 years ago too. Link is going nowhere faggot. No matter how many times you site info from three years ago.

>>22833131
It's about attesting to the validity of a true false question about off-chain data and delivering that proof on-chain. E.g. is alice above 18. So the data never comes on-chain, only the proof.

>>22833181
The Kleros court will decide their fate, sir

>>22835308

>>22834025
Kek

>>22833131
That was me, and you still have a small brain.
Multisig sessions would have no way to prove you are the key bearer to the server.
That is the core point you are missing.
Only the key bearer can sign a message for authentication to prove that they own that key, any derivative key is like a one way hash, it is useful for those two parties to trust each other but the server gets nothing from it, you cannot reverse the hashing process and keep your key secure in a multisig situation.

I cannot believe the autism it took for you to bottle up this kind of anger from an anonymous basket weaving forum to come back and try to be "right", but I am genuinely flattered I had this much of a mental impact on you.
Most people here just call me a faggot and move on.

help nd spoonfeed me,

so where i buy this deco or is it just some sort of tech update for cl? soz im a tech noob

>>22836499
Faggot.

>>22837138
That's the spirit.

DECO, FSS, TSIGS, ARBITRUM, AND WHITEPAPER V2 WILL ENSURE THAT LINK RULES THE WORLD. WHEN DEFI RUINS ETHEREUM YOU WILL BE FORCED TO JOIN CHAINLINK OR DIE

>>22836499
Faggot.

>>22836499
Faggot.

I am a 50 year old brainlet, when $100 per link?

>>22837327
>>22837721
XRP flare will kill eth and stinklink.

check em

Bump