/biz/ - Business & Finance

>>57310431
ICP makes chainshit obsolete

>>57310431
>wen towncrier?
>wen DTCC?
CCIP is just the latest buzzword salad.. its so tiresome baka my head basedboy will defend them even tho they know its true

>>57310431
JUST GO UP YOU FUCKING RETARD COIN

ICP makes chainshit obsolete

>>57310431
Oh I’m sure we are MOONING right now :^)

>>57310522
Chainlink makes icy pissshit obsolete

>>57310431
>-1.3%

Remember when kekfuddies thought CCTP was bearish for CCIP? lol

>>57310522
>>57310556
Get a room you two!
Except it's gonna be on LINKie to get to the visitation room at the ICPoor's white collar security fraud prison.

>>57310605
Remember when you were suppose to have general access last year?

>>57310621
>Remember when you were suppose to have general access last year?
source?

>>57310637
Go find them yourself faggot

>>57310650
I accept your concession.

>>57310669
https://youtu.be/6nNzS988YrE?si=eY7nQJmkxqKAuTGF

Not including a timestamp because you were being an asshole

>>57310707
>Not including a timestamp
I'm not even interested if you include a timestamp, I simply don't give a fuck if he said CCIP would be out in 2017, I've soon held for 7 years and will continue to hold until every single fudder stops fudding or we reach $1000 there is no in between, I love the tears that has been accumulated just because I won't sell.

>>57310746
A cuckold made this post

>>57310746
You’re such a fucking cuck I want to strangle you to death

>>57310789
You’ll have to settle for strangling your tiny cock instead lmao

>>57310707
>We're aiming to have CCIP general availability mainnet ready for later this year.
Oh no, they were aiming for a month ago, now 16 days into the next year, it's so over. Already unstaking and market selling it all, thanks for your help, CCTP means nothing I know.

Please other anons ITT, makes sure NO ONE talks about CCTP being integrated with CCIP or any implication of it, divert and talk about other stuff immediately, possibly delete this thread altogether thanks

>>57310818
they were aiming for 2022 you mutt

>>57310746
>gamestop hodler rallies the troops
>there are no troops

desperation

>>57310818
hilarious it's already been pushed to "later this year"... Didn't they say "early '24" in one of the later year '23 updates?

>>57310829
>Q3 2023 update
>2022
huh

Thanks for following the plan though, again please everyone make sure to not talk about CCTP, thanks!

>>57310849
>hilarious it's already been pushed to "later this year"
It isn't. It will come out soon. And you'll desperately try to divert yet again as well

>>57310805
Go fuck yourself

so, to be clear here, this means that chainlink created a ccip lane for usdc that bounces cctp -> ccip -> ccip -> cctp, is that right?

>>57310754
>>57310789
>You’re such a fucking cuck I want to strangle you to death
>A cuckold made this post
keep projecting your fantasies of your imaginary wife getting banged by a linkchad.

>>57311077
Cuckbaggie mad

>>57310938
>soon

dude just stop, fool me once shame on you, fool me twice...

>>57310441
Never heard of it.

>>57311058
ChainlinkGod gives a better explanation than I ever will: https://twitter.com/ChainLinkGod/status/1747276665796100264?t=5W9X6RuBwKsZAKD6dukEIA&s=19

>>57310431
this is so bearish.

Chainlink up to this point has been very underwhelming.

t. og link marine with a 17,000 link stack...


im really glad i stopped this coin in 2020.

i feel really bad for all the anons investing into this coin the past few years not having made any gains....

hope. you guys really get some good price action this bullrun...


i only see link hitting 80-120 this bull, which istn that great.... to be honest...

>>57311245
same. 1k eoy will be nothing but a disappointment when it finally does happen. they are basically partnering with scammers, whats next, tether? great, then we can dump even harder.... just buy a peoples coin like doge and elon will poompa it to the moon this cycle instead of having to wait years and years...........

>>57311176
the security of usdc is contingent on circle's custodianship of reserves and on the security of this cctp off-chain api. what does ccip add to this equation

guys just look at circles official twitter.... they didnt even make their own post about this and are doing nothing but talking about some sort of wef thing. typical con artists

>>57311296
more security and more functionality via programmable token transfers, basically less chance of being fucked and more ways to unfuck yourself

>>57311176
This doesnt make any sense. CCTP was made to do cross-chain USDC transfers and now chainlink fanboys are acting like CCIP is needed. It's like if I step in shit and try to tell everyone that shit on your shoes is a necessary component to walk properly

why does chainlink make people seethe so much?

>>57311176
>CLG explains
You can almost hear the gut wrenching reeeeees as the kektrannies seethe and foam, desperately trying to find the words to express their hatred through their overwhelming rage. I love rubbing fudders' snouts in his balanced, informative threads. Such pleasure to be had in these moments.
Well done, anon.

>>57311296
>what does ccip add to this equation
Puts the off-chain API data on-chain, specifically the "token burnt" input, which is then used as the trigger for minting on the destination chain.

It's pretty much the equivalent of preventing double spending in the BTC whitepaper: one of the absolute primary keys to the entire system.

>>57311356
Other way around anon - CCIP users now have native access to CCTP and through that, USDC.
Your analogy is reductive at best, and that's even if you're arguing in good faith.
Universal
Gas
Token

>>57311378
ccip isnt even real or used by anybody. no revenue. just shut up already omg....

>>57311357
In a sea of gambles
LINK is an investment

>>57311411
Checked and here's Circle's tweet, verifying just that
https://x.com/BuildOnCircle/status/1747275059901989115?t=UbhOvdjPvWTO3LxrZ08Faw&s=09

>>57311356
>now chainlink fanboys are acting like CCIP is needed
Without CCIP, you literally had to do pic related manually in order to make sure the burn on the source chain actually happened.
Because the burn attestation comes from an off-chain API, and therefore can't actually automatically trigger the next step: the minting.

With CCIP, this burn attestation happens automatically.

>>57311378
>>57311474
you can still transfer usdc using cctp, which means a corruption of circle's api would make ccip's security guarantees pointless

>>57311503
bullish for usdc. link token holders will never see a cent of ccip revenue or build rewards, the token is just simply not needed. kek delusional baggots

>>57311551
This so much. USDC to the moon!

>>57310431
>partnering with another crypto
stinkies really getting desperate...

anyone have CCTP volumes so we can speculate about CCTP through CCIP usage?

>>57311535
>you can still transfer usdc using cctp
Sure, but it's a manual process, meaning the burn/mint action can never be a part of any smart contract.

>a corruption of circle's api would make ccip's security guarantees pointless
fucking lmao this logic
Just because airports can get bombed doesn't mean we don't need airplanes to be able to fly safely, anon.

>>57311581
About $23.62 today in fees

>>57311585
as long as cctp exists it's a gaping security flaw. you may not care but I do

>>57311571
take my upvote friend! the chart looks much better than this pump and dump scam

>>57311593
Burning on one chain with the intention of minting on another chain will always involve some kind of "off-chain" component. Simply because every chain is "off-chain" to all other chains.

>>57311593
so how's your sex life?

Also pools closed nigger. Seethe

>>57311632
>sex life not needed
just like the link token! all thats needed is dreams of cuckholdery and cock cages

>>57311630
right, just saying that we can put in all the work to get an oracle network validating a lane, but it's meaningless if there is still an alternate lane where the mint function is connected to some centralized api

>>57311592
It’s all so tiresome

>>57310468
/thread

>>57310431
so we legit the bad guys now huh?
wouldnt be suprised about an upcomming etf frfr

>>57311688
>an alternate lane where the mint function is connected to some centralized api
It's not an "alternate lane".
CCIP takes the data from that API and puts it on-chain automatically instead of having to do it manually.

You may not like the API, but in the end everything is easily verifiable on-chain because that's where the burning and minting happens.
There's simply no way to avoid an off-chain step (and thus oracles) when going from one chain to the next.

I'm not much into globalism, but I see Circle are at Davos
https://www.circle.com/davos

>>57311718
the oracle step is fine and desirable. what's not fine is creating this elaborate oracle network and then slapping it onto one centralized api that's supposed to be the source of truth for the given function

>>57311688
You're an idiot. What shitcoins do you hold?

>>57311967
A massive majority of "external data" will come from APIs, you know that right?

>>57311964
they are in bed w blackrock

>>57311176
>>57311356

The main takeaways I gather are that USDC is officially supported in the Chainlink ecosystem for cross chain needs, which means other cross chain protocols need to play catch up. And Circle outsourced the instruction issuing to CCIP. CCIP's main attraction is that you can write a smart contract to move X token over and interact with other contracts. Not manually move it to a bridge, and then move from the bridge to the wallet to then use a dapp.

I also speculate that CCTP maybe (this is a big maybe) made a deal with Chainlink to lower the cost of cross chain transfers of their stablecoin. Chainlink takes a cut out of the value of the token that's transferred crosschain.

https://docs.chain.link/ccip/billing

>>57312049
the entire point of chainlink was to AGGREGATE data. if there is a single api, there is zero difference between the api owner reporting the data on-chain, and a DON doing it. this has been known since the beginning

>>57310522
>>57310441

Nobody knows or will program in motoko. I’ll say this once because the tech is interesting. To get thousands of people to adopt a new coding language they need money and have this skill transferrable to their hard skills.

Nobody outside of ICP will use or want to use motoko. The token is doomed for failure. Look up the statistics on develop onboarding with CCIP vs ICP

>>57312458
my guess is they need PoR to make this work

>>57312978
ideally yeah, circle's reserves would be checked by PoR, and mint, burn, and cross-chain transfer functions would be administered by the oracle network

>>57312086
Cool. Looks like I will be rich after all.

>>57313098
Is this the first mainnet transaction?

>>57313098
No, there was early access stuff right? I forgot about that

>>57311378
in other words, it does nothing. The token is a fundraising tool to help bring down unemployment

>>57310621
>fuddy moves the goalpost
Classic. Cope seethe and dilate

>>57312458
>the entire point of chainlink was to AGGREGATE data
In many cases this means connecting multiple oracles to a single source of data.
Because tons of data will only ever be available from a single source due to things like legally enforced exclusivity, copyright, etc.

>>57313028
If you get independent auditors, it will work. For someone of this stature, the big dogs like PwC, KPMG, etc.

Based fuck bridges

>>57310431
ICM makes chainSHIT obsolete.

Circles and cubes? What does it MEAN?

Here's a little timeline from a watchooor for some context:
>Circle and Coindesk release a CCTP announcement during one of Sergey's talks last year (in which a CCIP announcement was expected), in an attempt to muddy the waters about CCIP/CCTP. It didn't have any effect because Serg didn't actually announce CCIP that talk.
>Jeremy Allaire goes on Twitter and fantasises about how amazing it would be to have USDC be the "cross chain gas token" for interchain transfers
>CCTP bends the knee and is integrated into CCIP.
Many such cases.

>>57315200
>ch-checked
billions must bend

>>57315200
Is that really what happened? It's 'integrated' into ccip to save them embarrassment? Jesus.
Absolutely top kek classic. Love it.

>>57315200
I feel like you’re just speculating, but I really think this is true. I am curious though, has cctp just been dormant since their announcement or have they actually been doing transfers pre ccip integration? Circle getting hacked would have been an extremely bad look.

>>57315419
The only part that could be speculation is whether that CCTP announcement was deliberately intended to muddy the waters. It was very strange timing.

>>57315441
Checking their Twitter, they were announcing regular integrations for the past year. How/why would they have been doing that if they didn’t have a product without ccip?

>>57315200
>USDC be the "cross chain gas token"
so token not needed ?

>>57315512
They did have a product. They were building interchain USDC and they wanted USDC to be the interchain gas token.

>>57315533
Hm ok. Well this seems like a huge win for us. Maybe we make some money this year.

WHERE ARE MY FUCKING BUILD REWARDS? WHEN PUBLIC ACCESS MAINNET? AAAAAAAAAAAAAAAAAAA FUCK THIS FAT RUSSIAN SCAMMER AND HIS SHITTY TOKEN

>>57310805
Kek, this was good

>>57315969
Waiting for further regulatory clarity

>>57311369
How many SmartCons has Chainlinkgod promised to say nigger live in and when the time comes he wusses out

Fuddies are REALLY riled up right now.

>>57310789
Look, this kekfuddie is RILED UP!!!

>>57316051
if my build rewards are only claimable with kyc or some sort of digital id I WILL LOSE MY FUCKING SHIT. GIBS ME MY AIRDROPS YOU KIKES!!!!!!!!!!!!!!!!!

>>57311378
If kekfuddies knew English well enough to understand what you just wrote, they’d be SO riled up right now.

>>57312538
>their token is doomed to fail
>thinks we are in crypto for the tech
2 MORE YEARS

It’s honestly so funny though because at this point Linkies just stay silent while kekfuddies scream and cry into the void while talking to themselves. Then every time Link releases positive news the Linkies come out of hiding BTFO all the fudders and they all seethe. They seethe so hard that they have to create 100’s of fud threads daily just to prevent them from roping.

>>57314230
PwC you say?
https://chainlinktoday.com/chainlink-labs-and-pwc-germany-form-strategic-collaboration-to-connect-more-enterprises-with-top-blockchains/

The kekfuddies appear to have retreated to their discord to plan the next raid. Expect HUNDREDS of fud threads over the next week.

>>57316445
Oh shi

>>57311245
So you "stopped this coin" in 2020 and have spent 4 years seethe posting in threads? Bro i hold this coin and i rarely come on this board nowadays. Youre either a loser or a liar.

>>57316445
Can we get an ETA of chainlinkgod will say nigger at SmartCon live?
>inb4 you're not a ebin LPL chuddie kiddo pools closed haha seethe

>>57310805
Fucking roasted that porn addicted fud fag lmao

>>57312538
Then program in Rust son