/biz/ - Business & Finance

File: 69 KB, 1159x668, Screenshot-2018-2-27 ERC transferAndCall Token Standard · Issue #677 · ethereum EIPs(1).png [View same] [iqdb] [saucenao] [google]

Anonymous Mon Feb 26 19:53:32 2018 No.7983226 [Reply] [Original]

Chainlink token's transferAndCall function that makes the LINK token an ERC677 and not an ERC20 token is only to be completely certain it doesn't fail the Howey Test.

Another organization's legal team wanted this to be beyond reproach. ERC20s and smart contracts have elsewhere worked fine without this function.

>>	Anonymous Mon Feb 26 19:55:44 2018 No.7983257 >>7983226 continue.

>>	Anonymous Mon Feb 26 19:57:16 2018 No.7983281 File: 31 KB, 320x320, 1517851913245.jpg [View same] [iqdb] [saucenao] [google] yes OP, please continue

>>	Anonymous Mon Feb 26 19:57:43 2018 No.7983291 Chainlink is not a security and never will be idk what this thread is about

>>	Anonymous Mon Feb 26 19:58:52 2018 No.7983314 >>7983281 >those logos wtf? corporate approved memes?

>>	Anonymous Mon Feb 26 20:16:42 2018 No.7983629 This was posted in eth github, not chainlink's. The post is old. Not sure of the relevance.

>>	Anonymous Mon Feb 26 20:19:48 2018 No.7983691 File: 5 KB, 235x215, brainlet.png [View same] [iqdb] [saucenao] [google] >>7983629

>>	Anonymous Mon Feb 26 20:24:07 2018 No.7983784 LINK MARINE ASSEMBLE

>>	Anonymous Mon Feb 26 20:32:12 2018 No.7983943 >>7983691 Be more vague.

>>	Anonymous Mon Feb 26 20:33:11 2018 No.7983959 File: 70 KB, 1170x742, brainlet.jpg [View same] [iqdb] [saucenao] [google] >>7983943

>>	Anonymous Mon Feb 26 20:35:30 2018 No.7984012 >>7983959 lolololololololol

Anonymous Mon Feb 26 20:38:14 2018 No.7984075

Interestingly enough I wonder if the strategy of constantly telling token holders that link is not needed to run a node (they always say this about link held on the node, though acknowledge to accept contracts that require bidding you'll need link) could also be a strategy to be certain this is not a security. They've put a lot of thought into this.

>>	Anonymous Mon Feb 26 20:39:53 2018 No.7984110 >>7984075 >There is an expectation of profits from the investment It seems like telling people you don't need link to run a node would help them get around this part of the test.

>>	Anonymous Mon Feb 26 21:03:56 2018 No.7984501 File: 12 KB, 374x520, 1518363620167.gif [View same] [iqdb] [saucenao] [google] >>7984110 So.... moon or no moon

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