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/biz/ - Business & Finance

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23515225 No.23515225 [Reply] [Original]

Chainlink is a project that seeks to solve a fundamental problem in the world of crypto-currency: secure and reliable communication between data inside the blockchain and off-chain data.

Let's imagine that you have bet, by means of a smart contract, that the White Sox will beat the Yankees in the final of the World Series.

The smart contract will need to know who has won the game to deliver the rewards and for that it needs to connect to data outside the blockchain.

Chainlink is responsible for delivering this data in a decentralized and secure manner. This way no one will be able to alter it and say that the Yankees won when in fact they have won the White Sox in order to modify the rewards.

This is very relevant, especially in betting platforms such as EarnBet, an online casino that differs from the others because it is decentralized and works with blockchain technology, where you can play with different cryptom currencies. In the future this could be the future of this industry, since it facilitates the way in which one plays and bets, besides being very safe and totally transparent.

>> No.23515233

>>23515225
lol scams keep scamming

>> No.23515232

It's a tech cult.

>> No.23515252
File: 653 KB, 655x912, cute muddy elf.png [View same] [iqdb] [saucenao] [google]
23515252

The only thing I understand well is bitcoin.

ETH
LINK and all the other alts are cool and nice. But bitcoin is king

>> No.23515311

It's great for smart contracts. I didn't know that EarnBet had included LINK in their platform, it will be a great thing if you can manage to use it fully

>> No.23515340

>>23515225
fuck off paj

>> No.23515391

>>23515311
ugh earnbet shills here? fuck off back to plebbit to spread your crap there

>> No.23515406

>>23515252
elf

>> No.23515451

>Token not needed

>> No.23515466

>>23515225
It solves the Big Mac problem, the oracle problem is just a meme the same way people say traps aren’t gay ironically newfag

>> No.23515667
File: 423 KB, 472x465, 1602809020404.png [View same] [iqdb] [saucenao] [google]
23515667

>>23515225
I bought in before researching it and now I just post in Chainlink threads hoping it actually goes somewhere and try not to kms. I'm imagining 90% of other holders are like me otherwise they are retarded.

>> No.23515721

>>23515225
It gave us all a 200x (which in case you haven't noticed, is very rare these days) and now we move on to shit like DIA. ;)

>> No.23516462

>>23515225
southsiders get off my board. I am the only southsider allowed here.