/biz/ - Business & Finance

>>53374362
Still not needed

>>53374362
Still led by the gigabrain lead of RSA and Cornell's comp sci department
Still led by the best coder from eth
Still led by the golden boy of firstmark and SWIFT
Still the price feeds that created defi
Still having projects give equity to USE their services
Still a monopoly for verifiable randomness
Still the only group trusted to build secure cross chain infrastructure

>>53374362
>Still run by the best minds in the space
Very low bar considering "the space" is very low IQ, I would argue better minds are in ALGO, ETH, AVAX and ICP.
>Still attracting the best new talent
300k/yr stacey mcroastie isn't exactly the best new talent
>Still developing new tech
Developing but not releasing anything, their staking v0.1 release was absolutely unforgivable
>Still backed by the CEO of Google
Insiders are saying he's distancing himself from the project and crypto in general now he's figured out how useless it all is.
>Still supported by the highest value transfer institutions
wrong
>Still the only crypto project with access to SWIFT payments data
nope.

Main takeaways from Sergey's latest article:
>To minimize friction in collecting fees, payments can be made in LINK, or in certain cases, in other assets, including native tokens.
So LINK is not the only token used for payment.

>Payments in other assets can then be converted into LINK.
Emphasis on "can be" and not "will be" (converted into LINK tokens).

>CCIP will have a phased launch process extending into 2023, including a series of ongoing quality assurance procedures such as penetration testing, soak testing, and multiple internal and external audits.
No full CCIP release this year (think v0.1 this year, v0.2 the next...etc).

New archiac boomer CMO says it:
https://www.linkedin.com/pulse/you-like-open-source-should-love-web3-todd-barr
>Twenty years from now, I think our most valuable assets, transactions, and online interactions will be underpinned by decentralized infrastructure, where users can directly control their assets, identity, and data, all secured and maintained by users instead of centralized entities.
Just 20 more years, marines!

>>53374397
>Just 20 more years, marines!
Sergey will be die of heart attack by then.

>>53374362
>>53374393
Still chowin down innit

>>53374393
Still the node infrastructure which other projects like arbitrum need
Still the only team developing fair sequencing
Still the only team for whom other blue chips wait
Still the only people with the foresight to make AFN an intrinsic part of their enterprise abstraction
Still the only team with the connections to know AFN was necessary
Still the only team continually scaling their own OCR offerings and other chain's L2s simultaneously
Still the biggest TAM of any project anywhere

>>53374458
still a worthless grift coin built upon the "smart" contract nonsense gimmick.

HAHAHAHAHAH it makes me so happy to see you guys lose money. Seriously the best!

>>53374458
Still the only way the trust services intrinsic to blockchain will be widely available
Still the first protocol-level tech investment
Still on track to capture the most value in the smart contract stack
Still on track to do for trust what the internet did for data
Still unlocking novel value cases that previously didn't exist
Still completely misunderstood by midwits
Still up 7000% over 5.5 years

>>53374397
>Twenty years from now, I think our most valuable assets, transactions, and online interactions will be underpinned by decentralized infrastructure, where users can directly control their assets, identity, and data, all secured and maintained by users instead of centralized entities.
he's just setting expectations low. he won't be there after two years, he'll collect his fat paycheck and severance and leave before people start pressing him for results

>>53374550
This is how investing works
The more powerful an idea is
The longer it takes to fully implement
The longer it takes for novel secondary techs to be invented
The longer it takes for the average mind to understand

If you told a perfect investor that you were going to

Democratize trust services
Become the world's most valuable network
And
Fundamentally change the nature of human interaction

They would correctly tell you

Final iterative value capture would take a long time
And
You'll see real signs of inevitability around the 5-7 year mark

Exactly what is supposed to happen
Is happening
Enjoy

>>53374395
>muh hr roasties
>literally just lying and pretending that everything is bad and nothing has been released despite current features / adoption / secured value
>"my dad is an insider at chainlinksoft and he said eric doesnt like them anymore"
>just gives up on the last 2 points with no argument

>>53374397
>knowingly cherrypicks a sentence from a paragraph that described incentives which reward using the link token over anything else
>pointless attempt at concern trolling "but what if they would prefer to pay higher rates to not use link tokens and be less competitive?"
>more concern trolling "well apparently my insider dad also tells me that when ccip is launched it will only go up 1 iteration per year! wouldn't that be spooky?"
>also everything has to go through the network overnight, the price definitely won't rise otherwise

just stick to flooding threads with the same chud images over and over again and screeching about "chainshitters" all day, you look far more intelligent when you're doing that instead lol

>>53374395
>Insiders are saying he's distancing himself from the project and crypto in general now he's figured out how useless it all is.

>>53374458
>Only team developing fair sequencing
Hedera has fair sequencing built in and projects like Espresso are offering sequencing as a service (among others)
>Still the only team for whom other blue chips wait
What? Nothing in crypto is a "blue chip" because nothing has any real use cases yet
>AFN, TAM
I don't know what AFN or TAM are. I can't keep up with the acronyms
>OCR
Lots of projects have off chain functionality. I think Chainlink just brands a lot of things like "OCR"

Chainlink offers a lot of cool things but has also highly politicized this space and after the most recent smartcon, I still don't understand how Anons are still excited about Chainlink.

>>53374633
>Democratize trust services
What exactly does that mean? It sounds like buzz words. Couldn't it be argue that DLT has "distributed trust services"? Nothing about Chainlink is really democratic...

>>53374362
Link is also supporting shitcoins that are actually building, PEPL just partnered with Link and are building new use cases with Link.

>>53374362

>>53375892
What have public cryptocurrency projects given us that is useful? What applications offer something more than what Bitcoin has offered? And I mean real world changing technology. Not NFTs or DeFi that offers 300000% in a bull run.

>>53374393
>Still led by the golden boy of firstmark and SWIFT
This is cope, "VPs" at these kinds of companies are a dime a dozen.

>>53374362
Fudders on suicide watch