/biz/ - Business & Finance

chainlink bad

That's Sergay taking all your money and leaving.

>"The internet of contracts will actually take two forms. Initially, for the next 5 years, probably at least 5 years, there will be two internet of contracts. There will be a public blockchain internet of contracts, which you're very familiar with, and then there will be a bank internet of contracts, which will be separate because it has a separate set of legal requirements, and we are in the process of merging these two worlds, because both of these two worlds are now starting to run on a single messaging system, messaging standard, which is what CCIP is. It's a messaging system to interconnect all of the chains, and all of the applications on the chains, both in terms of their value and in terms of their messages."

>>55943706
This is probably bullish for LINK(assuming they make $$$ off the messages between private chains - and there is no indication why they wouldnt) but so unbelievably bearish for the rest of crypto

>>55943670
Based

>>55943681
Holy fuck I have had enough. Goodbye bros.

zoom out lil bro

STACKS IS THE SUN

Rewards in passive BNB for holding and fixes what XRP failed at in banking on the blockchain

>>55943725
chainlink ccip used to connect hundreds of blockchains together
>This is probably bullish for LINK

>>55943670
>6.02
kek baggies

>>55943681
goddamn. all the signs were right in front of me the whole time.

>>55944633
>Hundreds of Blockchains of ZERO value or purpose except for VCs to dump on retail

>>55943681
Lost it

>>55943681
Too thin. Fud, debunked.

>>55944649
watch the talk retard
anz subnet
a$dc
carbon credits

>>55944690
The economies been rough, have you seen the price of big macs?
Also in his left hand you can clearly see him clutching a wrapper, it's him.

>>55943725
It's bearish for settlement layers. It's bullish for the dApp layer and blue chip DeFi.
If you can have a DeFi protocol with 5+ flawless years of performance, when the banks finally decide to cross the gap, your protocol will get hundreds of billions, if not trillions, of dollars coming into it.
The only thing that I think has a decent chance is AAVE, and even that is sketchy. It's possible the next round of builders will get it done instead of the OGs.

>>55943681
it's over.

>>55944699
muh banks want to compete with defi yields that are made up with inflating shitcoins!

>>55945905
yeah i didn't get what he was going on about there
the anz boomer makes a far stronger case for it here...
https://www.youtube.com/watch?v=o8IqyEzeXTc

>>55946008
true. its annoying serg keeps on hinting that banks would chase higher apy from shitcoin casino

>>55946046
yeah he didn't look great in that talk, tired and has put on more weight
hope he's doing okay
but yeah very odd/annoying to be talking like that.. maybe it made sense in bull market euphoria but now it's just bs

>>55944633
>BULLISH
>BULISH
>BULLLISH
>B
>B
>B
>BULLSHIT

>>55943681

>>55943670
>This change in reward rate calculation was required given that the source of rewards in Chainlink Staking in the future is expected to increasingly shift towards being derived from user fees (which may be a variable amount).