/biz/ - Business & Finance

[Anonymous No.15810858]

it's up

[Anonymous No.15810861]

>>15810858
mixicles baby

[Anonymous No.15810865]

>>15810861
more like mexican babies

[Anonymous No.15810867]

>>15810858
mix me baby

[Anonymous No.15810869]

I BELIEVE IN MIXICLES
WHERE YOU FROM
YOU SEXY THING

[Anonymous No.15810870]

>>15810858
Glorious Mumbai Time, every time.

[Anonymous No.15810871]

Mexican testicles

[Anonymous No.15810877]

>>15810858
Wow same old slides. It’s all so tiresome

[Anonymous No.15810913]

>>15810858
>>15810861
>>15810877
reminder that LINK is NOTHING like ETH.

1. ETH had a testnet with thousands of users and finished mainnet 1 year after ICO, and only raised 16mil. Chainlink had a testnet and mainnet with ZERO users after 2 years and 32mil. It has gained ZERO adoption (the partnerships aren't using it). The level of developer adoption and excitement for ETH vs LINK is absolutely incomparable, LINK has none.

2. The Ethereum tech was actually innovative. It was the first successful attempt at a smart contract platform. It was decentralized and working one year after ICO. Chainlink only has centralized oracles (Sergey is lying about decentralization) which are not new or innovative. Their "innovative" solution to sybil resistant consensus is KYC.

3. The Ethereum foundation only had 1% of the Ethereum supply after ICO. The Chainlink team has 65%. Also when Ethereum was $1, it had a market cap of less than $100,000,000. It was actually a low market cap gem. Chainlink's real marketcap (if you count the 650,000,000 tokens in Sergey's wallet, ready to sell) is currently $2,000,000,000, which makes it an incredibly overpriced top 10 coin, not a low market cap gem like Ethereum was at the time.

4. Chainlink has already had mainstream exposure. It's made the front page of crypto subreddits countless times, was covered in forbes and every news outlet imaginable. Yet, even after all this attention, it has failed to get any developer adoption. It is fair to say that every single dev in the space knows about Chainlink, and decides not to use it. There are many projects running oracles in production, none of them choose to use Chainlink.

[Anonymous No.15810930]

>>15810913
what makes you think moon missions look the same every time? Stop living in the past. This is the future. This is OUR future. Chainlink is love. Chainlink is life. DR;NS

[Anonymous No.15810936]

>>15810858
>enterprise demand for DeFi

[Anonymous No.15811032]

Sergey says yall are dumb

>Given the complexity of the research paper, we broke down core Mixicles concepts so that the wider DLT community can grasp the underlying mechanisms at play

[Anonymous No.15811091]

>>15811032
given that the majority of defi industry are currently pajeets scamming other pajeets, right move

[Anonymous No.15811098]

>>15810858
vitalik: disagrees with everything sergey is doing

[Anonymous No.15811104]

>Mixicles are very close to being live on the Ethereum Mainnet (and other blockchains in the future) pending third-party security audits of the simple 188 lines of source code. Enterprise use of public blockchains are not some futuristic concept, but are a near-term reality, as novel approaches to privacy like Mixicles become a reality. These technologies provide the lightweight privacy and regulatory compliance needed for public blockchain use at a global scale.

You just win
Thank you based Ari Juels
Praise Sergey and FUCK nolinkers

[Anonymous No.15811106]

>>15811091
For any anons that are thinking of using Nuo, google “nuo reddit”. So much salt, and legit salt, nuo is scammy as fuck.

[Anonymous No.15811110]

>>15810930
>replying to pasta

never gonna make it

[Anonymous No.15811112]

>>15810936
>threshold mixicle signatures

[Anonymous No.15811278]

>>15811106
I knew they were scammers, but I didn't knew that they were CONsensys backed. lmao, etherum foundation and everyone involved is truly a scammer that should get put behind bars and have their funds seized by the feds.

[Anonymous No.15811324]

>>15811104
They're basically saying live mixicles will be announced at devcon. Will there be initial DeFi partners using them? That'd be huge, but I doubt it.

[Anonymous No.15811335]

>>15811104
>Mixicles are very close to being live on the Ethereum Mainnet
HHHHHHHHHHNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNGGGGGGGGGGGGGGGGGGGGGGGG

[Anonymous No.15811382]

>>15811324
staking not far behind too. We're all gonna make it frens

[Anonymous No.15811483]

This was much easier to wrap my brain around than the whitepaper. Essentially a mixer is just a glorified coinjoin and they're combining that principle with an oracle. Pretty smart innovation.

[Anonymous No.15811535]

>>15811483
This. It's quite a solid innovation by using an oracle and mixer to create privacy with trusted hardware.

[Anonymous No.15811635]

>>15811535
>to create privacy with trusted hardware.
You mean IN ADDITION TO hardware.
They explicitly say Mixicles provide privacy entirely separately from trusted hardware.

[Anonymous No.15811705]

>>15810913
You are a maniac

[Anonymous No.15811920]

>>15811635
Yeah sorry meant without hardware

[Anonymous No.15811929]

>>15810936
>>15811112
Stop I’m so fucking depressed already

[Anonymous No.15812085]

>>15810858
How to mixicle
>gather 2-4 other linkies
>grab a stool and a salad bowl
>put the bowl on the stool and fill it up with milk
>now you and all your friends gather around the bowl, and take off your pants and underwear
>let your testicals hang into the milk, put your arms around each other and hold tight
>on the count of three, everyone runs clovkwise
>the last one with his balls in the milk wins and gets to drink the whole bowl all by himself
Can't wait to play at the yacht party

[Anonymous No.15812099]

this is an even bigger scam than chainlink itself.
They literally rebranded private federated sidechains and brainlets are lapping it all up.
(if you don't see how it's exactly equivalent you're a brainlet)

[Anonymous No.15812103]

Testicles won't matter if Sergey keeps dumping 700k for big macs and drives the price down to 0

[Anonymous No.15812140]

>>15812103
zoz

[Anonymous No.15812150]

just read the chainstink whitepaper
can somebody tell me what the token is needed for? sounds like this entire thing would work exactly the same on vanilla Ethereum GAS.

[Anonymous No.15812157]

scam

[Anonymous No.15812164]

>>15812150
Chainlink is blockchain agnostic, thus it will need its own token

[Anonymous No.15812225]

>>15812164
One question I've never seen answered is will each new blockchain it is added too have its own token supply? Or is it the same one billion for all block chains and I can send my link from ETH to whatever other block chains have allowed link and vice versa?

[Anonymous No.15812255]

>>15812150
its a json parser, cant be more than a cup of coffee as stated in the whitepaper

[Anonymous No.15812317]

>>15812150
This will be my good deed for today, 1 spoonfeed.


The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

So....

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do, if they. The Chainlink network is genius like that.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Just the nominal value of derivatives alone is over 500 Trillion.

[Anonymous No.15812329]

>>15812225
There aren’t additional tokens. Link will always use ethereum as a ledger (unless there’s a major major change over at some point in the future). The tokens won’t actually be on other chains, Chainlink just allows them to be interoperable.

[Anonymous No.15812458]

>>15812225
have you ever consider your question has never been answered because of how stupid it is to ask?

[Anonymous No.15812607]

>>15812458
Fuck off nigger faggot.

[Anonymous No.15812648]

>>15812164
wouldn't it need its own coin? How are you going to use eth tokens on bitcoin?

>>15812317
It seems to me that I asked why it's needed, you answered why it exists

[Anonymous No.15812651]

>>15810858
>>15810913
>>15811091
>>15812085
>>15812317
People are saying iEXEC is in a much further development fase compared to Chainlink and they have solid companies that are working with them.
Chainlink is something from the past I hear compared to RLC iEXEC

[Anonymous No.15812662]

>>15812651
chainlink is a scam, but RLC is far ahead with their doracles

[Anonymous No.15812671]

>>15810869
I like this

[Anonymous No.15812829]

>>15812150
The funny thing about eth, it is not erc-20 compatible. So not it wouldn't. Eth will be abandoned sooner or later. Open source/foundation scams are a thing of the past, such models don't innovate and are unable to solve crucial issues in a timely manner

[Anonymous No.15812985]

>>15811335
Just like piano man said...
Someday we may

[Anonymous No.15813014]

>>15812607
he’s right though you retard