/biz/ - Business & Finance

>>23834524
well, they'd first have to publicly apologise for allowing everpedia to only take from one source, and announce that they were collaborating with them directly

>>23834571
You're missing the big picture here.
And you also have a fundamental misunderstanding of what "middleware" is.

>>23834611
>yes lets pay chainlink to provide us with the centralised data when AP has a free public api that anyone can access on their website
thanks just bought 100k

>>23835415
Imagine not knowing what a fucking oracle is.

>>23834524
elaborate please...

>>23835423
sorry, my mistake
>yes let's pay sergey and everipedia to access a free, single-source centralised public api and put it on the blockchain in 3 lines of code, even though someone on their first day of learning solidity could do that

>>23834524
>>23834611
SHUT THE FUCK UP FAGGOT

THIS WAS CHAINLINK'S FIRST BIG FAILURE
YOU ARE A DISGRACE FOR PRETENDING THIS IS GOOD TO THE PROJECT

KYS

>>23835458
>>23835423
Imagine rehashing arguments that we had three years ago on here. Just buy Chainlink (ticker: LINK) and stfu.

>>23835458
>even though someone on their first day of learning solidity could do that
Why would you learn solidity to run a single oracle nobody will trust instead of running a Chainlink node that's part of a proven decentralized network?

>>23835465
Another anon missing the actual big picture.

>>23835469
>the event that proved LINK can't actually handle subjective data and that the oracle problem is just a meme
>"b-buy it!"

>>23835476
>why would you pay a chainlink node to provide you with a single source of information you can get FOR FREE

>>23835496
>why would you pay a chainlink node to provide you with a single source of information you can get FOR FREE

Yes, paying a guy to set up, run, and maintain a node sure is free.
You got me anon haha.

Covid + US election is the greatest theatre to usher in.a new era. I'll see you lads on the high seas.

>>23835491
fuck you buddy I knew about candID since the fucking paper Ari wrote on it came out, I doubt you even read it
Another fucking smug twitter marine who emulates that faggot Chainlinkgod

Honestly kys man, I say that very sincerely.

>>23835465
Bearish for everpedia
Bullish for ChainLink in some sense
Since everpedia is the only data provider pushing the election result on chain, if it flips trump, their reputation takes a hit, since they already called it for Biden
Need more data sources, which is the purpose of ChainLink

>>23835527
>Yes, paying a guy to set up, run, and maintain a node sure is free
ESL? Why would anyone pay that a node to provide me 3 lines of code which has a single word "Biden" - information I can retrieve FOR FREE on AP's public api?

>>23835566
I guess it’s actually coming from associated press

>>23835566
Everpedia IS the chain, AP is the data provider
fucking fanboys can't even get the basic stuff right

>>23835594
Your iq is showing
Even if I hadn’t corrected myself you are still poking a hole in the trivial part of my logic
The point is that there is only one data source pushing that data on chain
Doesn’t really matter who it is at this point

if Chainlink can demonstrate capacity for self-correction in the event of systemic untruth then it’ll be ok

>>23835717
true, in the future that would be coupled to stake pay-out to cover the faulty smart contract execution.

>>23835476
Having 10,000 decentralised oracles only secures the reliability of the data from the source. In this case Associated Press, if the source data is garbage your oracles don't achieve anything.
Additionally using dOracles for *free* data is like paying Lloyd's of London to insure the air, it's a waste of money securing something you can get from the source for free.

>>23834524
except, AP doesn't make the calls, they are just predictions, more accurate and reliable but just predictions
recounts and investigations can happen after their "call"
btw this is a fucking retarded system, the elections should be directly on blockchain with zero possibility of fraud

>>23835551
The fuck is wrong with you lmao.
Digital decentralized identity is the key to the future of elections.
The current shitfest is the precursor to that.

>>23835574
>Why would anyone pay that a node to provide me 3 lines of code which has a single word "Biden" - information I can retrieve FOR FREE on AP's public api?
Why would anyone maintain a live oracle for free for you?

>>23835757
>if the source data is garbage your oracles don't achieve anything
Oracles do achieve something: their sole purpose; which is to truthfully relay the source data and NOTHING else.

>>23835793
Missing the big picture.

>>23835757
>it's a waste of money securing something you can get from the source for free
Running a live oracle is free now?

I'm sure Sergey is WELL aware of all these issues thank you very much

>>23834524
Except nobody gives a shit about your retarded shitcoin

>>23836230
i'm just saying this was a shitty use case and chainlink is definitely not needed in this case

>>23836328
>oracles are not needed to relay AP election data on-chain
Well Everipedia (AP's exclusive partner) disagrees with you.

Also, you're missing the bigger picture.

>>23836349
>APs exclusive partner
What hopium are you smoking? Literally anyone can access their data. It is free for anybody. Everipedia is a literally who.
https://developer.ap.org/ap-elections-api/

>>23836230
>Why would anyone maintain a live oracle for free for you?
You don't understand. No customers will pay them to run the node. Nobody needs that node. Therefore, if Sergey wasn't paying them to operate out of the incentive wallet with Chainlink Community Grants (tm), the node wouldn't exist. The small election bet which used the everipedia data was a gimmick, hundreds of millions were bet on the election on-chain using real oracles, not this garbage. All of the link nodes are complete bullshit and nobody is paying to use them.
https://blog.chain.link/introducing-the-chainlink-community-grant-program/

>Oracles do achieve something: their sole purpose; which is to truthfully relay the source data and NOTHING else.
>Missing the big picture.
Chainlink is useless for subjective data and this proved what an absolute embarassment sergey is to Ari's work. It is you who miss the big picture. You could hold the whole election on-chain and no oracle would be needed. Future elections *will* be on-chain and no oracle will be needed. Or if you still wanted it held off-chain you could use kleros which is the subjective, tamperproof oracle to be your oracle on the final outcome, as it has an exponentially larger amount of nodes than LINK, being real people.

>>23836492
>>APs exclusive partner
>What hopium are you smoking?
Anon, they are AP's exclusive partner.

>No customers will pay them to run the node. Nobody needs that node.
So first it's "I can do that for free", and now it's "nobody needs that".
So which is it?

>Chainlink is useless for subjective data
If that subjective data is placed online, Chainlink can truthfully relay it to the blockchain.

>You could hold the whole election on-chain and no oracle would be needed.
You'd need oracles to enter non-deterministic data on-chain.
You have zero clue what you're talking about.

>>23836492
>if Sergey wasn't paying them to operate out of the incentive wallet with Chainlink Community Grants (tm), the node wouldn't exist.
1) Chainlink users like Aave, Synthetix, Kava, ... secure billions of $ through Chainlink

2) these users pay Chainlink

>>23835583
ah yes, The Ministry of Truth

>>23836639
Kava, like Aave and Synthetix, was given all their fat stacks of linkies for free by the incentive wallets and Sergey freely says this on his website, no matter what the literally who from kava says.

To date, not a single person or company has bought link and then paid a node for service with that link. Most serious crypto like MAKER don't use link, and the ones that do were paid to do so. They are not customers.

>>23836816
Chainlink users pay to use Chainlink.
See (outdated) pic.

Time to cope.

>>23836816
>MAKER don't use link
yeah and how did that work out aylmao

VIDT should validate each ballot

That way you can verify the result with your eyes

>>23836836
>650m LINK tokens set aside for node incentives
>Sergey freely admits that nodes are completely subsidised
>users pay nodes in LINK, but they get their link for free, which again, is on chainlinks website
>you for some reason think they're paying real money
Anon. They were given that link for free. That link has value because you are buying it, so when the nodes market dump it, they can receive compensation. There are no paying customers.

>>23834524
literally shaking

found glitch.finance a few days ago. unironically, go have a look

>>23836858
>node incentives
Users like Aave, Synthetix, Kava, ... aren't nodes.

>they get their link for free, which again, is on chainlinks website
Where?

>you for some reason think they're paying real money
That's what they're saying, and that's what the Chainlink website says.

Lmao faggot fudder, you had 3 years

>>23836884
The USERS, like aave, snx, kava, etc., get given the tokens for free. They pay the nodes with those tokens. The nodes market dump to pay their electricity bills and profits. Judging by how rapidly the circulating supply of LINK is, the users get paid quite a lot of link, so they can probably keep or dump much of it for themselves.

The link I listed above names kava.
https://blog.chain.link/introducing-the-chainlink-community-grant-program/
>Grants will be made in cash and/or LINK.

I mean the 650m wallet is called the node incentive wallet so I don't know what you imagined it was for. This is what sergey said that 650m would be used for, and this is what it is being used for. No user is paying nodes real money, only LINK tokens, which the nodes then dump on speculators buying the token hoping to get rich quick.

>>23836945
It's not FUD if sergey himself is saying it. How dense can you be? The man has always said this is what it was for. HE says now this is how it is being used. How can this possibly be fud?

>>23835458
If it’s so easy, why aren’t you the one with a $3 billion dollar warchest? Just go be a competitor.

>>23836962
>I mean the 650m wallet is called the node incentive wallet
you haven't read the whitepaper have you?

>>23836962
>The USERS, like aave, snx, kava, etc., get given the tokens for free.
Source?

>The link I listed above names kava.
>https://blog.chain.link/introducing-the-chainlink-community-grant-program/
Kava isn't mentioned in this link.

>the 650m wallet is called the node incentive wallet
Again for the braincells in the back: users like Kava, Synthetix, Aave, ... are not nodes.

>It's not FUD if sergey himself is saying it.
Where does Sergey himself say it?

>>23836971
Don't need to. Subjective oracles exist and chainlink is objectively bad at them.
https://omen.eth.link/#/0x95b2271039b020aba31b933039e042b60b063800

>>23837012
>The link I listed above names kava.
>https://blog.chain.link/introducing-the-chainlink-community-grant-program/
>Kava isn't mentioned in this link.
Scroll up to the image I posted. Kava is in the image of people working with link who were given grants. Don't just ctrl+f

>the 650m wallet is called the node incentive wallet
>Again for the braincells in the back: users like Kava, Synthetix, Aave, ... are not nodes.
I'm convinced you're being retarded on purpose now. They are USERS of the network. They get GIVEN the link for FREE, and then they PAY the NODES with the FREE tokens they were given. the NODES then DUMP the link. This isn't complicated. Sergey explains it for you himself in that link.

>Where does Sergey himself say it?
>we will pay you in LINK to use Chainlink
>"nooooooooooo this isn't what he meant!"


Just actually read the article this time instead of replying in 2 minutes and I won't need to explain this. Or, you know, read what he wrote at the ICO regarding token allocation.

>>23837060
>Kava is in the image of people working with link who were given grants.
lmao ETH and Bitcoin are also in that pic.
According to your logic, ETH and BTC were also given grants.

>They are USERS of the network. They get GIVEN the link for FREE
Source that users of the network are given the Link for free?
Because the users themselves say otherwise, and so does the Chainlink website ("sponsored by").

>we will pay you in LINK to use Chainlink
For the last time: source?

>>23837102
I'm going to stop replying because you are clearly trolling. You got me.

>>23837123
You tried.

>>23836321
>shitcoin
..right

>>23836962
>650m wallet is called the node incentive wallet
other anons have shat on everything else you've said so i barely need to cover it, but i have to say this made me laugh
3/10 fud
the effort (10 posts of retarded garbage) is there
the IQ is not

>>23835469
actually this

>>23836727
XD

>>23834524
So best case scenario the federation breaks apart and WW3 takes place on American soil

is it true trump is denying these results and suing sirgay in kleros supreme court?????

>>23839205

Won't happen. The heart and soul of America is Republican. The working class, the small business owners, the family men, the suburbs and country, all lean right. Islands of termite people in inner cities don't have the wherewithal to wage war on the rest, much less break the federation apart, and the urban nobility wouldn't allow it in any event as they value their wealth too much.

>>23836816
>To date, not a single person or company has bought link
don't think I don't recognize you you api3 scum nigger, you've been posting every day the same bullshit, blatantly lying about customers not paying when they've all said the opposite on their social channels, every time someone points out that what you're saying is bullshit, and the next day you come back claiming the same thing again
you're disgusting burak and I truly hope your scam will fail

>>23835496
Nah you're just abit too stupid to understand how it works. Bet you sold low

>>23834524
Because govt's are going to verify their elections on a premined token's testnet?

>>23840259
On the blockchain, yes.

Friendly reminder twiter fags will get the rope

https://www.youtube.com/watch?v=MkXRg6snx-s

>>23840270
Oh cool, so govt's have giant bags of eth to throw at tx fees. Thanks for the tip anon!

>>23840335
ETH 2.0 is getting revved up, and so are tons of 2L scaling solutions.
Including a couple by Chainlink.

Get stayed behind.

>>23835423
>imagine not understanding the point of good decentralized data in and holding chainlink

The fud gets more desperate every day, thanks just bought more, you failing faggots

>>23840359
The more "decentralized" the data sources the better.
And this process may even be sped up thanks to the success of Chainlink.

But oracles have only one job: to truthfully relay what the source is saying. And nothing else.

>>23840389
you dont understand the tech and what the team is trying to achieve you fucking mutt.

>>23840428
So you're saying oracles should correct data if the source is wrong?

>>23835757
The real endgame is to have citizens submit votes to oracles which then contribute their votes during aggregation. They get paid for having good data, and cheating the vote risks their stake. Voting systems need good financial incentives to keep the players honest.

>>23840442
im saying you dont understand what you're talking about

>>23840525
So the job of oracles is NOT to relay what the source is saying?

>>23840533
>>23840533
>im saying you dont understand what you're talking about

>>23840589
Judging by your complete lack of argument and response, it's probably you who doesn't understand.

The job of the oracle is to relay what the source says, and nothing else.

>>23840609
you're trying so hard to get spoonfed or you're really that ignorant

>>23840633
me:
>The job of the oracle is to relay what the source says, and nothing else.

you:
>nuh-uh

Riveting yarn, mate.

>>23840685
waste of time talking to a mutt. /biz/ really is dead

>>23840710
I've been in Chainlink since ICO.

>>23840357
>getting revved up
ETH 2.0 is not even close yet. If anyone wants to store and verify data on eth's blockchain they had better have some serious bags or hash power.
>blockchain agnostic
utter bullshit

>>23840740
>ETH 2.0 is not even close yet.
Which is why I'm saying "getting revved up".

>>blockchain agnostic
I didn't say a single thing related to blockchain agnosticism lmao.

You ok bro? Lil stroke?

>>23840766
Link fags are going to get so universally rekt that it almost makes me feel bad, almost.

>>23834524
>He thinks the US Government will entrust it's election security to a shitty Russian PnD coin with garbage fundamentals

WEW
E
W

>>23840905
>Link will get rekt because ETH will never scale
k bro

>>23840934
>garbage fundamentals
Anon, I...

>>23840497
You'd need to have voters submit their data to multiple oracles to have verification. If I submit to vote to just *one* oracle and it changes it from R to D the other oracles won't know, so you'd need to have a system where my same singular vote goes to like 12 oracles so then if 1-3 of the oracles change my vote the other 9 catch it out and those bad faith oracles lose their stake.
But then you haven't solved anything really because the weakness is still the POINT OF OPERATION, when I submit my vote electronically the machine that first records my vote could change it and send the changed vote to every single chainlink oracle out there and they would all believe in the changed vote. So you'd need to have voters attend multiple polling booths in different jurisdictions and then have each location where I voted cross referenced. We can barely get voters to tick a box on a piece of paper, digital voting on blockchain will never ever catch on because you either need normies to use pkeys to sign things or you have them interact with software which is always exposed to man-in-the-middle attacks.

>>23841006
(((JP Morgan))) isn't buying your token bags, bro

>>23841103
Maybe you should read that image beyond the name "JP Morgan".

>>23841102
>digital voting on blockchain will never ever catch on
lmao, ok gramps

We've had blockchain transactions with QR codes since forever, for instance.
But surely you knew that and are just talking shit for the fun of it.

>>23834571
this is true for any crypto lol

fundamentals will matter in the end. thats why eth btc and other alts (NEC, LINK etc) are likely to outperfom poor shitcoins (and their shillers)

>>23837123
>

very nice fud fren. 9/10. You tried and it was fun while it lasted. KEK

>>23834524
muh definitive truth

pls spoonfeed me like im five, what i need to do?

i hold 100 link and 100k everipedia. is this bullish for both or?

>>23841263
Did you read what I wrote? The only way blockchain voting is more secure is if you have people go to multiple voting stations to submit their votes?
What does it matter if all the votes are on blockchain if in order TO vote you have to go to your local Democrat controlled district and push a button on the touch screen that YOU, the VOTER, has no way of identifying what it is storing on the blockchain? It could just turn your Trump vote to a Biden vote and then record that to the blockchain. Unless you get the entirety of the electorate to understand how private keys work so that later they can verify their vote on the blockchain was accurate.

>>23835491

>>23843274