/biz/ - Business & Finance

>>55657939
bcoz jews gatekeeping.

>>55657945
Whats the restriction technical side?

>>55657939
some coin tried this recently but they failed horribly and had to pull main net transfers down after major failure and their coin dumped

>>55657957
which one? lmao

>>55657968
dude I don't even want to give this scam any attention by naming it.

They usually have a lot of threads about it so you'll see it if you stick around : )

>>55657983
I mean name it..atleast we can check on it. Atleast somebody tried

>>55657983
>>55657992
I'm guessing rubic? or thorchain? things spammed here in the past.

There are at least legitimate decentralized methods of getting BTC into the Ethereum network and then exchanging it for ETH (not those I mentioned above).

>>55657983
>it was real in my mind

>>55658028
icp

>>55657953
IDK, I am just shitposting, I dont think it would be impossible.

>>55657939
Ccip is still in test testnet but we are getting close. Don't worry, Vitalik. Link chuds will save your ass once again

>>55657939
because there is no such thing as a secure & trustless inter-chain exchange. Impossible

I unironically prefer a good CEX as a "bridge" that has liabilities, regulations and potentially insured/secured infrastructure, than a retarded n-node bridge that can be hacked/downed anonymously without possibility of a recovery

The only good bridge is to realize you don't need to swap chains, just like you don't need to swap your compute power for potatoes. Just buy more XMR, bur more ETH, both useful, and essential commodities.

>>55657953
>>55658070
nubiz is so new. Atomic btc swaps required taproot which is live. Eth <> xmr atomic swaps are working, and a less reliable xmr <> btc atomic swap is as well.

Diva.exchange

>>55657939
It's already a thing.

>>55659498
It has a working product?

>>55658028
>There are at least legitimate decentralized methods of getting BTC into the Ethereum network and then exchanging it for ETH (not those I mentioned above).
what's that?

I've been watching thor/rune for a while & might buy a bag sometime in the near future

>>55658120
Why is ethereum even necessary in a world where CCIP is successful?

>>55659608
Yes.

>>55659938
If true that's big, but I seen threads calling it scam

>>55657939
I could do this in a weekend with CCIP, should I do it?

>>55657939
ICP are doing this but doubt anyone will care until the price explodes

>>55660222
Do it and post in biz. If not CCIP is gay and useless

>>55657939
Holy shit they are scrambling to keep up with XRP and ICP and it's getting embarrassing JUST as he said.

Ccip solves this BTW

>>55659963
>I seen threads calling it scam
They probably missed the bottom. I did too but instead of waiting for a 25% dip I bought and am already up 33%. It wouldn't matter much in the long term even if it dipped.

>>55659638
tBTC through the "threshold network" and the T token.
also ICP does something similar through its Threshold ECDSA Signatures to get Bitcoin on its network
one of the reasons I don't look down on ICP.

>>55657939
Most swaps that aren't uniswap or pinksale are unironically so shitty and jeety that it's not even funny. That's why most of us memecoin investors just stick to normal investing OP, it's better to cock those gains than to get jeeted so early btw

>>55657939
Because every 'solution' is another retarded cryptocoin 'pass thru' that itself becomes a commodity that people buy up rapidly, making it useless as a means of exchange.
Because the entire system is filled with retards who confuse something being 'worth' a lot with something being useful.

>>55657939
Icp will solve this

>>55657939
>>55657953

The problem is with Bitcoin devs. They haven't coded in the features that are necessary to allow Bitcoin to interact with anything else. If it were possible to build anything on Bitcoin that allows for such functionality it would have been done many times already.

This is also why Chainlink can't use CCIP for Bitcoin.

"Digital gold" is shitty dinosaur tech. Hopefully some day people will understand blockchains enough to move on from it.

>>55660464
Then why isn't Bitcoin on CCIP?

>>55657939
>listening to this ayyy looking motherfucker
ngmi

>>55661037
Ugh... can't they just update bitcoin with those features?

>>55657939
bro effereum is literally a shit coin. you cant even use it without another l2 shit coin. blockchain tech is a meme it is inferior in every way to cloud computing. bitcoin was created to and solves a finance problem, not a technology problem

>>55658028
nah he's talking about XRP, the guys working with swift

Nobody has done it because its literally impossible to do, and also not needed.

>>55661103
Yeah they could have done that like 10 years ago but they didn't and never will. Bitcoin is a legacy blockchain that doesn't care about innovation or doing anything other than what it already does. It's the market's fault for valuing it so highly above everything else even though in terms of technology it's one of the shittiest shitcoins there is.

>>55658120
im not new, but for the sake of the meme, i had to google "nubiz" for a moment there.
>tfw just newfagged

>>55661057
Because the initial release was just a few days ago, retard

>>55657939

Why would anyone with a brain exchange his Bitcoin with a worthless pre-mined vc-shitcoin that's centrally controlled by some gay russian canadian?

>>55661037
CCIP will use rootstock to make this possible. Ben Chan, co-creator of WBTC, has been working on CCIP for years. CCIP will bring Bitcoin into DeFi.

>>55661760

>>55657939
why? Eth is as useless as bitcoin.

Someone did that as a hackdays project using chainlink oracles years ago. Honeyswap or smtg iirc? I guess that did not pan out lol

>>55661785

Bitcoin is the hardest money known to mankind, shitcoins are worthless.

>>55661785
If you can do EVM <-> Bitcoin bridging swaps then that gives BTC access to essentially every blockchain. You guys take "Ethereum" too literally.

>>55661852
HoneyDex, not sure if it’s related to the current HoneySwap…

>>55657939
what is the benefit for bitcoin? it's already top dog.

>>55661909
kek
It's slow expensive and literally the worst thing that exists. The desperation is palpable.
Literally old fucks, like 80 year olds at the WEF, pushed btc and eth without understanding how shitty it was. They only have limited time and are desperate to make it not shitty.
That is why Chainlink is so desperately shilled.
It HAS to work. It just HAS to.

Meanwhile literally everything is faster and better and more energy efficient and more scalable.
The writing is on the wall is what this tweet means.

>>55661890
t.

>>55657939
It's called hydranet. p2p trustless swaps. They have beta on mainnet with full release soon.

>>55658028
icp

>>55661958
t.

chainlink can do this. just nobody cares about it because it is useless

>>55661760
>>55661771
Where are you seeing that it would be in code? Btw, why is Quorum on there? What the hell

>>55661103
If they were to update bitcoin with modern features, they'd essentially be admitting that such modern features is the future and thus that the chains that has been focusing on and improving such features from the get-go could simply be better chains.
They won't do that because all bitcoin's got is its image. If people stop believing that bitcoin is number one, it not only stops being number one, but it basically collapses entirely.

>>55662072
Good luck holding bags for literal government actors.
I was in at $3 btc. You missed out by a mile and it's over. A tx still costs to this day more than a day's wages for 5/6 of the world. It's not getting adopted. It's just bagholding for late retards hoping for a 10x.

>>55661760
Damn I totally forgot about that tight little dude

what a fucking joke of a dev, just be happy with how far ETH made it in cryptos primordial days and cash out already.

>we should put resources toward

FUCK OFF, COMMIE

>>55657957
>>55657968
>>55657983
>>55657992
>>55658028

lmaoing at the lives of the rapidly aging ETH devs still trying for that how do you do fellow children vibe

>>55657939
You're supposed to be the autistic genius, why don't you do it?

>>55662128
will be the most important capability in the world once all nations fully transition to digital currency which is clearly happening right now and will be complete within prolly 5 years max. every big country will be on different systems all built on different retarded legacy software, chainlink or something similar will be vital to ensuring the global banking system doesn't get btfo for hours every day

> a ETH to BTC bridge
gee I wonder if CCIP has been working on this?
also when this happens ETH dies
because the tech will be applied to
BTC <--> (coin_of_choice)
then ETH will become irrelevant
I believe the same is true for BTC...
Black rock about to pump the fuck outta btc
dump at the top
BTC going to be the cause of the next financial recession ushering in CBDC..
idk man