/biz/ - Business & Finance

>>9360622
I hate you.

>>9360660
I'm not done either friend - in fact I bought at .40 and sold at .90, and then FOMO'd back in last night :/

>>9360622
Foolish investment, Chainlink will render it obsolete

>>9360687
Oh yeah, how so?
>muh oracles

>>9360622
Upcoming listing on HADAX next few days (Huobi's platform assets go on to before full Huobi listing)

It was voted on to HADAX with REN

Thx for reminder, buying some now

>>9360698
Chainlink is designed to work with adapters that can make it compatable with any blockchain. Why use Aeternity when I can use superior smart contract platforms like Ethereum, Neo, etc?

>>9360735
ETH requires devs to learn a new code base. The founder of AE influenced Vitalik to create Ethereum in the first place, but didn't continue with ETH because he thought it was flawed from the ground up.

NEO is good, but currently doesn't offer as many SDK's

>>9360735
Also, ARK and LSK are also working on cross compatibility and have a big head start on LINK. LINK has no team nor momentum - and in this game the first to market wins

>>9360802
>>9360843
Those are just two examples, Link will be able to work with any blockchain, so it’s success isn’t tied to any other chain.

If you check the Pivotaltracker you’ll see that there are 17 people authorized to work on the project. Furthermore, chainlink’s technology simply can’t be touched. Their two-pronged approach to the problem makes it nearly 100% secure, and the towncrier software they made with Cornell is superb. Not to mention their affiliations...

They’re poised to sweep up the entire oracle market in one swoop. Be careful investing in AE when mainnet is released and things begin to move forward for Link

>>9360802
Languages don't really matter if it can work with any blockchain.

>>9360843
Oh boy, you couldn't be more further from the truth. They have a head start on what? Oracles?
Sergey has been first to the market since 2014, even if someone delivers decentralized oracles before them, they've already lost years ago.

>>9361308
>Languages don't really matter if it can work with any blockchain.
So LINK stays as an ERC20 token and connects with other chains that are programmed in JS, C, Python, etc? It then somehow translates those languages in to solidity? What's the purpose of the token? The code still needs to be written so saying languages don't matter is a little obtuse

>They have a head start on what?
Adoption driven by availability on their main nets. LINK's test net is not up AFAIK - I'm sure there will be kinks found once it is considering the scope.

their state-channels smart contracts are cool but it seems difficult to write anything of complexity for it.

anyone got any examples of proper contracts?

>>9361464
Here's AE's list of their AEpps
>aepps.com/aepps/

>>9361457
Link could move to its own blockchain very easily, but why? Being an ERC-20 is fine. The token incentivizes the network, encouraging people to operate nodes.

>>9361457
>connects with other chains that are programmed in JS, C, Python
Yes it can read and write from any chain or legacy system as long as you make an adapter for it.
> It then somehow translates those languages in to solidity?
Smart contracts can be written on other blockchains. Chainlink can input data into contracts that are not on the Ethereum network. That's why they call it blockchain agnostic.

>Adoption driven by availability on their main nets.
But I thought we're talking about oracles here? LINK's main net is not a blockchain, it's an oracle layer and I'm pretty sure from my little google search I just did than none of those networks have oracles (I could be wrong), let alone decentralized ones.
Also those blockchains lost to Ethereum a long ago, everyone builds on Ethereum.

The logo is a twisted dick

>>9361752
>Yes it can read and write from any chain or legacy system as long as you make an adapter for it.
Let's say a developer writes in JS on NEO, LSK, or AE - they then have to create an adapter to be compatible with ETH? Seems like an unnecessary step for what benefit? Just for the sake of being on the ETH network?

>Also those blockchains lost to Ethereum a long ago, everyone builds on Ethereum.
It sounds like LINK is for the ETH maximalist. I like ETH, but think that blockchains written in common languages like Python and JS will open up development to tens if not hundreds of thousands of programmers.

Not trying to FUD LINK, I actually bought right after the ICO dump and sold before the major dip to .15. The amount of shills for LINK make me question is validity - it's almost a cult of personality than anything.

>>9361990
Let the adults talk child

>>9362198
>Twisted dick cope

>>9360622
If it's not on binance or gdax I'm not interested in your pajeetcoin.

>>9360622
FREEEE BEER XDDD WE DID IT REDDIT

>>9362391
It is on Binance you brainlet

>>9360843
>LINK has no team nor momentum
Imagine falling for /biz/ memes and calling it research.

>>9362449
That's why I'm asking all these questions. All I see is shilling without any real technical discussion of how LINK is supposed to work and the benefit is has. The SWIFT meme only took it so far

>>9362185
>they then have to create an adapter to be compatible with ETH?
You create a LINK adapter for NEO, LSK, or AE. They are not that complex, they're probably reusable.
>https://www.reddit.com/r/LINKTrader/comments/7ueji7/just_finished_a_new_chainlink_external_adaptor/
For the benefit of using the most secure way to input critical data into a smart contract? Those chains can't fetch off-chain data anyway, they have to use something.
Most enterprises will use private chains like Hyperledger anyway and that's Chainlink's main focus, not as much those public chains. If banks and corporations (according to the PoC and rumored partnerships) are ready to use this "unnecessary step" for their contracts, I don't see why others couldn't.

>It sounds like LINK is for the ETH maximalist.
Not at all, that's the whole reason behind being blockchain agnostic. You could use the same argument for every layer or protocol ever built on Ethereum. They had to build on top of something, they didn't need their own blockchain. And I'm just being objective, the only project that can be put in the same sentence as Ethereum is NEO and NEO is still a young blockchain that hasn't matured (and it's centralized by the Chinese). Just compare the number of projects building on ETH versus any of those blockchains you mentioned. There's a reason ETH is valued 15 times higher than NEO and far more than LSK and AE - but this is another discussion.