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/biz/ - Business & Finance


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23222537 No.23222537 [Reply] [Original]

Core devs have invented a new type of ERC token?
https://medium.com/core-vault/erc95-a-new-standard-e59e806b7d82

>> No.23222651
File: 709 KB, 911x774, ERC95.png [View same] [iqdb] [saucenao] [google]
23222651

>> No.23222674

>>23222537
im waiting for the rug pull

>> No.23222683

Is this a big deal? Because LINK did it, too. Just curious.

>> No.23222686

Sounds like coval desu

>> No.23222723

>>23222683
link is at 4bil mcap now, so i guess its a pretty big deal

>> No.23222806

>>23222537
what's the purpose of this new standard?

>> No.23222920

>>23222806
can you fucking read

>> No.23222982

>>23222806
to make ponzi schemes.

>> No.23222995

>>23222537
THIS SHIT WILL MAKE ME A FUCKING BILLONAIRE AHAHAHA

>> No.23223039

>>23222982

core would be a ponzi like all other farming pools if the reward token had absolutely no use case except as a reward for staking.
however, this looks like they're actively building a use case for core beyond being a staking reward.

>> No.23223044
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23223044

WHAT WAS THAT!!!!????

>> No.23223079
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23223079

from the dev

>> No.23223112

>>23223079
link is finished?

>> No.23223128

>>23223079
my god
it's a built in oracle system
look at the price movement!!!!!!!!!!

>> No.23223145
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23223145

>>23222537
HOLY FUCKING SHEEEET

>> No.23223151

>>23223079
lulgg

>> No.23223168
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23223168

>>23222537
Jesus christ, price jumped 30% in minutes. Fudders can eat it.

>> No.23223203

>>23223079
they just gave something a name that exchanges have been doing forever now.
>>23223044
fuck you faggot

>> No.23223236

>>23223203
WITNESS THE SALT

>> No.23223251

ITS DUMPING BACK DOWNNNNNNNNNNN

>> No.23223252
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23223252

WHAT THE FUCK WAS THAT!!!!!!!!

>> No.23223255
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23223255

>>23222651
>index token holds 1% of 100 tokens

>> No.23223256

>>23223079
linkies btfo

>> No.23223365

>>23223079
Blah blah blah more stuff onchain and 1000$ per executing simple smartcontract. Oh geez muh pump 30 seconds after inside telegram info. That's organic! You be jewed.

>> No.23223391

told you the devs just tryna hype it to pump it.
and u guys still think this project will make u money lmfao.
devs desparetly tryna pump it and hype it.
fuck outta here this shit is a pure ponzi pyramid

>> No.23223455
File: 1 KB, 109x179, 1585456787378.png [View same] [iqdb] [saucenao] [google]
23223455

>double top
SELL SELL SELL SELL SELL

>> No.23223494

>>23223391
STAY POOR FREN BWAHAHA

>> No.23223498
File: 350 KB, 368x450, 1597141371548.gif [View same] [iqdb] [saucenao] [google]
23223498

>ERC-95
also
>Currently, token data about liquidity and volume is calculated off chain.
Uniswap couldn't work if the LP contract didn't track the liquidity. All the data is already on-chain. CORE devs confirmed smooth brains.

>> No.23223547

this the reason why i come on /biz... pump and dumps to make me rich. already up over 20k

>> No.23223696

>>23223145
time to sell. It will return to 3.5k in a day.

>> No.23223711

>>23223145
50K EOY CONFIRMED, HOLY SHIT

>> No.23223714

>>23222806
>its an improvement on existing token standard to include data most people oraclize. The entire purpose of the LINK project for example is just to capture data like this. ERC95 brings it on-chain so there is no need for oracles and data is real-time

>> No.23223735

>>23222806
nobody cares what it does..you shouldnt either. its just a way to get rich from pump and dump

>> No.23223770

>>23223696
>falling that low pre friday LGE event

>> No.23224061

>>23223735
Imagine unironically not understanding that unlimited wrap = unlimited arbitrage and immediate data capture. ERC-95s will actually probably be CORE's most enduring contribution to ethereum, and I am certain it will bring assloads of eyeballs onto CORE itself.

>> No.23224113

>>23223711

WE GONNA PAMP TO THE MOON ON FRIDAY BWOIIII

>> No.23224352

>>23224061
who gives a shit about the tech... im just here to get rich like everyone else in crypto

>> No.23224420

>>23222806
the purpose is to kill biz meme tokens so bizlets will suffer, because it's fun.
it kills link, it kill whatever hedge funds like statera

>> No.23224442

>>23222537
REMEMBER THAT WE ARE PIONEERS GUYS, WE ARE THE PRIVILIGED ONES

>> No.23224465
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23224465

>>23223714
fuggen stinkers on sucide watch

>> No.23224609

Jesus that pump on a liquidity pool that big. Core less bizlets on suicide watch.

>> No.23224671
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23224671

>>23224113

>> No.23225035

>>23223044
kek

>> No.23225070
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23225070

This is now a core meme thread

>> No.23225097
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23225097

>>23225070

>> No.23225123

>>23225070
I need the original to this gif pls newfag

>> No.23225132
File: 663 KB, 1200x1207, DrakeCore.jpg [View same] [iqdb] [saucenao] [google]
23225132

>>23225097

>> No.23225163

I for one prefer ERC 255 , those are cool.

>> No.23225201

>>23225123
https://www.youtube com/watch?v=lAkuJXGldrM

>> No.23225207
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23225207

>> No.23225274

The returns from CORE LP in Balancer pool is actually higher than from LP on CORE vault.

>> No.23225275
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23225275

>> No.23225302

>>23225275
Do you see what happens to projects after they get listed to binance? They dump below their floors. Fuck binance

>> No.23225410

>>23225302
Listing on any CEX would just break up liquidity, plus the >$1 million listing fee on binance is retarded. Chinkies can stay away from my core.

>> No.23225419
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23225419

>>23222537
I still don't understand what's the big deal with the wBTC-CORE pair. Pic related. It's there, does nothing, has no liquidity.

>> No.23225501

>>23225419
The LGE isn't till friday. Plus having lots of pairs (ETH, wBTC, DAI, etc) makes core more like an index fund for the whole crypto space, so it's not overly affected by any one asset.

>> No.23225513

>>23225419
it's not actually started yet, starts this friday

>> No.23225522

this whole thing hinges on the 1% fee attracting enough liquidity to outcompete fees+slippage from other pools.
i guess the new erc will allow more efficient pricing to get average fees as close to 1% as possible, what else will it allow?

>> No.23225596

I used to get excited about these and FOMO. No, I was right to sell CORE. A whale pumped it. A couple of others FOMOed. That does not mean it's going to go up "50x". It would be wrong to buy it now. Fuck the moonboys.

>> No.23225673

Vampire bots drain the pump in 3 2

>> No.23225720

>>23225419
I still don't understand

Because you are retarded. Sorry anon. It doesn't even start until Friday.

>> No.23225741
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23225741

>> No.23225759 [DELETED] 

>>23225596
>>23225673
lmao look at this kid loosing his mind that CORE just became a Divident giving- oracle vault

>> No.23225783 [DELETED] 

>>23225673
>>23225720
lmao look at this kid loosing his mind that CORE just became a dividend giving- oracle vault

>> No.23225835

>>23225783
Different posters but yeah. Lot of people got into the clones for a quick buck, but the 14 year old dev core, and the other garbage have no idea what direction the development should be, and the code isn't going to be shared with them any more.

Lot of people are going to be salty they missed out getting some LP tokens for this.

>> No.23225867 [DELETED] 

>>23225835
Oops I meant to tag the same yellow id

>> No.23225971

>>23225596
>>23225673
I didn’t sell at 3600. Not selling at 4900

>> No.23226234 [DELETED] 
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23226234

>>23225419

>> No.23226273
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23226273

>>23225419

>> No.23226512

are we never going back under 4k again?

>> No.23226600

>>23223714
>ERC95 brings it on-chain
brings what on chain?
how?
>to include data most people oraclize
what data?

>> No.23226741

>>23226600
on chain data bro. They are basically doing what uniswap is doing just renaming it

>> No.23226829

>>23223714
>>23224113
>>23224420
>>23224442
>>23224465
>>23224609
>>23225070
>>23225123
>>23225163
>>23225207
>>23226600
>>23226741
THIS IS LITERALLY A RETARDED IDEA. The point of oracles is to avoid bringing data on chain. Oracles use data that changes and needs to be sourced. Changing data on chain costs gas. You avoid writing to the chain as much as possible for this reason. It is fucking unbelievable and idea this retarded is being brought up as a good thing.

>> No.23226898
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23226898

>>23226829
>what is a wrapped token and why does it save gas

>> No.23226952
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23226952

>>23226829
seethe harder, linkie

>> No.23226963

>>23226898
i dont understand what that has to do with what he said. if its wrapped it would still be onchain

>> No.23226996

>>23226829
Gee willikers, that's a lot of salt.

>> No.23227046
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23227046

>>23223145
>18%!

>> No.23227050

Where do I buy this shit?

>> No.23227065

>>23227050
uniswap
https://info.uniswap.org/pair/0x32ce7e48debdccbfe0cd037cc89526e4382cb81b

>> No.23227123

>>23226829
Oh we mooning CORE boys

>> No.23227149

>>23227046
haha you little trolls are still priced out. You deserve this for your complete arrogance. Fuck you anon

>> No.23227449

>>23223079
>Hey guys, just solved the oracle problem, no big deal ha.

Rugpull imminent

>> No.23227558

>>23223079
imagine being this retarded

>> No.23227590

>>23227558
Jig is up you cancerous (((chainlinkers)))

>> No.23227654

>>23226898
>>23226963
They know I'm right - this is the grand finale of one of the best pnd's I have seen so congrats core bros I hope you get out in time

>> No.23227659

>>23227050
cvault.finance

>> No.23227692

>>23227654
IDF stop shitting your pants we tried to warn you chainlink was over long time ago

>> No.23227729

>>23227654
Arbitrage is coming. FORCED arbitrage. EVERY DAY. Pepper your angus

>> No.23227803

>>23227654

nah i think whats going on is shill are saying stupid shit on purpose to get people to argue to get the thread to bump

>> No.23227829
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23227829

>>23227729
>>23227803

>> No.23227881

this is actually really cool.
these guys are smarter than i thought.
just wish these fags would release a roadmap and stick to it so i can trade around a timeline ffs.

>> No.23227922

>>23227803
Oh yeah like this:
In the year of our Lord 2020, 0xRevert has begun construction on the crytographic equivalent of the Nobel Prize winning Black Sholes model, using CORE as the settlement layer. Nobody knows what it means, but all invested will become millionaires

>> No.23227939

>>23223079
loool this is absolutely retarded, no one on /biz/ is falling for this right?

>> No.23227952

Coreless biz going to be holding their encore dcore and other shit coins while we do a 2017 run on steroids

>> No.23227970

>>23227881
Just follow the telegram group, the devs usually give people there several days heads up. Though warning, there's a bunch of groups that look similar, but do fake giveaways to scam people

>> No.23227975

>>23227881
They're actually seasoned and competent programmers. I know a few, and they really put all their energy into programming. That "soon" you get when you ask them "when" is a damn good signal things are getting built. Roadmaps are for corporate fags.

>> No.23228036

>>23227975
>Roadmaps are for corporate fags.
i concur but i'd still like to have an extended timeline on when their initial protocol is more in a finished state.

how much time to v2 is all im asking for basically.

>> No.23228105

>>23228036
Again follow the telegram, they have a roadmap of 6 general stages they discuss there. But they don't want to out it right out on medium where it's broadcasted to every lazy pajeet

>> No.23228175

>>23226741
so it's already on chain? what is the actual functionality here then?