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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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10124345 No.10124345 [Reply] [Original]

Sit down, brother.
In distant future, i will cease to be, my earthly flesh will rot and the blood gushing so loudly trough my veins will stop to flow. It is because of this very reason, that i decided to leave behind a legacy. A Book in which i will write down the entirety of LINK's History. I will fight trough the depths of the Archives; but i also want to hear your Stories.

Feel free to post anything that you remember about LINK. Assblaster? >7777777? The ICO? "MY LINKS ARE GONE"?

Include a Quick Explanation, so that people who have never heard of it, could understand.

>> No.10124371

Are you looking forward to the future?

>> No.10124386

op is a fag

>> No.10124398

i started this year as a nocoiner. I am now a link bagholder because of biz and assblaster

>> No.10124411

>>10124345
>feeding newfags

>> No.10125202
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10125202

>>10124345
I miss AssBlaster so much. It keeps me up at night sometimes.

>> No.10125209

>>10124345
About the price of a Big Mac.

>> No.10125213
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10125213

>>10124345

>> No.10125235
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10125235

>> No.10125246

Assblaster replied to me, and i made the cl team react to fud i posted ; D

>> No.10125273

You should also include this OP.

>> No.10125279
File: 314 KB, 1080x1920, Screenshot_20180118-215000.png [View same] [iqdb] [saucenao] [google]
10125279

>we are all in this together
>Kek wills our success
>$1000 eoy

>> No.10125289
File: 300 KB, 1080x1920, Screenshot_20180219-120016.png [View same] [iqdb] [saucenao] [google]
10125289

>>10125279

>> No.10125295

^ forgot the url... https://imgur.com/a/VwO9SEo

Oh and this; https://vimeo.com/273682899

>> No.10125322

https://www.reddit.com/r/Chainlink/comments/84u52s/can_someone_answer_this/ this is the fud i posted.

After some consideration, we decided as a team to address this question here, since we received some questions about it from the community.

A smart contract which could possibly hold millions of dollars needs to be evaluated end-to-end, as Sergey explains in this talk. An ideal scenario would require multiple data sources in order to validate data against peers, as discussed in our white paper in section 4.1. This is because no oracle service, decentralized or not, can validate if the obtained answer from a data source is truly correct, only that the provided answer is what the source said it was (the last few sentences of section 5.3 gives some insight into this). Using multiple data sources would obviously be optimal as it would fit in well with the trustless setting. If one data source is providing faulty information, that is easily caught before a smart contract could execute based on the data provided by nodes retrieved from other data sources.

Sometimes, utilizing multiple data sources is simply not possible because there is only one source available. When this happens, that data source would be considered as a single point of failure for the smart contract. It would be entirely up to the smart contract creator if they are willing to accept that amount of risk for their contract. However, using multiple oracles as the trigger for the smart contract, even if they're all connecting to the same source, is still advantageous over a single oracle acting as a trigger for the smart contract. This is because a centralized oracle would be considered another single point of failure.

>> No.10125331

>>10125322
It seems to me like the argument of using a notary for a centralized service being better than a decentralized oracle service isn't fully acknowledging the need for an end-to-end trustless smart contract ecosystem. Regardless if the centralized oracle knows what it's processing or not, it can still go down and prevent the smart contract from executing when it needs to. Utilizing centralized services sounds like the present day, where if someone doesn't fulfill their obligation of the agreement, you sue them (which has additional costs and headaches of its own). So it makes sense why this reasoning seems valid at first glance, because that's the world we live in right now. In a trustless world, however, relying on centralized services is simply too much risk. Why would one choose to use a single data source, with a single oracle, feeding data to a decentralized smart contract?

If we have a single data source as the sole supplier of some information, what can they do as we head towards a trustless world? They could create multiple independent endpoints for their API in order to provide some level of redundancy. This would at least prevent a single endpoint from being a point of failure. However, it would still be up to the smart contract creator to determine if that reduces the risk enough to use as a factor for their contract, since it still does nothing to validate factual information.

>> No.10125333

Don't forget about Jason shadowforking the entire network a few months ago

>> No.10125349
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10125349

>> No.10125353

>>10125331

We can even take it a step further and say that the data source doesn't even want any 3rd parties connecting to their API. How would they provide their data to smart contracts? Some may say that they will create their own oracles, I don't think so. There are a lot of technical issues that need consideration before one can simply create their own oracle. How do you handle blockchain forks, rollbacks, congestion, varying gas prices, etc.? Chainlink already has solutions in place for all of those issues. It would require significantly less effort to create an external adapter for their own API and run a node (or multiple for redundancy) than to start at the beginning of creating a specialized oracle.

>> No.10125359

The toilet memes after SIBOS were gold.

>> No.10125363
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10125363

Great Material Guys.

>> No.10125421

>>10124398

Still makes me laugh. Every time I hear someone took life advice from a dude named ass blaster.

>> No.10125436
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10125436

>>10124345

>> No.10125439
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10125439

>> No.10125571
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10125571

Make sure to include oatmeal bro, shadowfork fud, Jason parser. And that anon who made the ticker. And the artists of this piece, and the later more detailed ones

>> No.10125991
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10125991

>>10125295
Damn anon. This made my dick hard

>> No.10126109

>>10125359
Second this. The toilet meme kicked started the meme factory that is LINK

>> No.10126342

>>10124345
The ICO, the people pooling their ETH together like brothers to buy, the pre SIBOS hype, the bathroom/flushing memes because Sergey gave a speak in a small room next to the bathrooms and you could literally hear flushing noises, the
"rent free" meme during November and the magic during from 1st December to 10th January... So many memories.

>> No.10126364

new to crypto and only hold bitcoin

Give me 3 reasons why this isn't some shitcoin..

>> No.10126391
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10126391

>>10126364
1

>> No.10126408
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10126408

>>10126364
2

>> No.10126420
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10126420

>>10126364
3

>> No.10126427

>Escapades of AK47 in the backseat linky
>Mobius
>credit card oldfag
>riddleanon
>walletautism

>> No.10126430
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10126430

>>10126364
Sergey Nazarov is literally Satoshi Nakamoto, check the dates

>> No.10126455
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10126455

>>10124345
I bought 8K LINK today. I already had 5k. I'm hoping I can make it by 2021. If sooner, I wouldn't be surprised desu. There's no cryptocurrency worth more than chainlink in my humble opinion

>> No.10126509

interesting guys, thanks! I read in other threats about the mainnet launch, when can we expect this?

>> No.10126543

>>10126509
As soon as crypto gets its shit together is my guess

>> No.10126553
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10126553

>>10124345

>> No.10126582

So there's still some time left to get in?

>> No.10126628

>>10124345
Title of a chapter. Are /biz/ anons smarter than lawyers?

We’re taking over a huge chunk of the legal industry... and they hardly smell us coming.

>> No.10126641

>>10126582
Buy now nigger before its too late. Stock up at least 10k of you want to retire early.

>> No.10126722

>>10126582
Read the fucking white paper you nimrod. I hate these plebbit tourist that are getting in on the floor by sheer luck

>> No.10126805

>>10126582
It's too late

>> No.10127115

>>10126805
LINK is hovering around 20 cents, how is it too late.

>> No.10127189

>>10126582
>20 cents
>LINK was 1.40 at ATH with no news or marketing
I'd say you have time. I almost bought more at .17 but I didn't want to put all my fiat in. I already have 200k so it's not a big deal.

>> No.10127299
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10127299

>> No.10127333

Is this shit going to dump or not? I am surprised it hasn't yet

>> No.10127366

>>10127115
Because it was close to six times the current price 6 months ago. Too late, smellers

>> No.10127406

>>10127115
>He thinks a white paper and a test net no one uses is worth more than $85mil

>> No.10127502
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10127502

>> No.10127839

>>10126722
it disgusts me to my core

>> No.10128160

>>10127502
Wow

>> No.10128204

>>10126364
Blue Sergey loves Nakamoto Steel.

>> No.10128278

>>10126408
The more I read the more I begin to suspect LINK is just a meme to trick people away from other good projects. Ripple is going to be even bigger in the future,

>> No.10128300

>>10128278
This! Link is a meme for normies who missed the boat on XRP

>> No.10128304

>>10128278
Yeah I seriously can't believe we're missing Ripple. It's staring us right in the face. No one even bothers to look at their roadmap.

>> No.10128331

Never forget Squirrelbro. An actual squirrel ate his paper wallet. 50k linkies that will never enter the market. He took the bullet for us.

>> No.10128341

>>10128331
I remember that thread, I felt super bad for him

>> No.10128345

>>10128300
>normies
>Link

Pick one.

Link is literally Autism:The token

>> No.10128349
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10128349

>>10128278
>>10128300
>>10128304

>> No.10128374

>>10128349
:)

>> No.10128387

I just baught link for the first time and I've been in crypto for almost 2 years. Congrats, you guys got me to cave in. And no I didn't buy 10k life insurance, I baught 87k. Questions I have to get me up to speed:

-where the fuck did the name assblaster come from?
-Explain the singularity to me

>> No.10128393
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10128393

>>10128278
>>10128300
>>10128304

>> No.10128399

>>10128387
you non english speaking tree niggers irk me. you're not meant to rise up. accept your place in the world and stop buying link.

>> No.10128410

>>10128399
ook ook , gibs monies

>> No.10128456

>>10128387
You will be wealthy for generations, congrats anon.

>> No.10128652
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10128652

Im the OP from the Sergey's shirt thread..
Im also the OP from the SAP convo screencap where they confirmed partnership.
I made soooo many memes and pastas that i see posted over and over.

>> No.10128769

>>10128652
How much is your stack if I may ask

>> No.10128783
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10128783

>>10124345
>>10125202
Put this prayer in your Book please:
Blessed, are the Linkies.
For they are truly tested.
For only they know a holy anguish.
For only they can be granted freedom.
For only their faith is righteous.
Praise Kek,
May our Lord grant his people mercy and guide them through the FUD.
May he bestow protection upon Sergey the Creator, solver of the Oracle.
May he grant shelter to AssBlaster, prophet of the Great Transfer.

Desperation to thee, who with weak hands, casts aside his stack.
Glory to those who hodl true, as they will be rewarded in this life and the next.
So it is written, so it shall be.

>> No.10128849

>>10128652
Can you dump that SAP cap?

>> No.10128873
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10128873

Firstly, draw a perfect square. We will begin from the midpoint of the top. From here we are centered and at a peak. There is no gain or loss, but there is optimism. You will branch out in all but one direction going counter-clockwise. You will draw a line to every point but the point bisecting the right side. This is to represent your initial research. You go from left most to right most representing your journey from initial fud all of the way to hopeful speculation-but never going more upwards than the initial and final lines which are horizontal. There are many lines and much research done here. This time takes the longest and you will move around the most.

Secondly, you will go to the one point that you neglected. This is the midpoint of the right side. It represents balance between optimism and pessimism while at a profit. You will again journey-but only downward and to the left this time. You are aware of the potential-but being already invested you experience loss. Again counter clockwise. Your first line is a big loss on the far left side and your second loss is smaller. Being at the midpoint it is not a loss of your initial investment, but you are still pessimistic when you arrive.

Thirdly, you will begin from the midpint of the left side. This is the territory of zen in loss. You are neither pessimistic nor optimistic. Your time in the bear market has made you look inward and understand why you are in the position that you are in. From here you go first to optimism with profits, then to pessimism with profits as fud begins to shake your hands. Finally you become wise and experience optimism even through your loss as you understand the value of LINK.

Finally you begin from the corner of loss and pessimism. This is a new pessimism. It is the optimism of your past turned to dull pessimism by the radiance of optimism and profits from your gains.

>> No.10128874

>>10128769
12k kiddo, 12k

>> No.10128920
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10128920

>>10128652
>>10128849
Think he means this

>> No.10128949
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10128949

>>10124345

>> No.10129095

>>10125279
Wha was this from?

>> No.10129821

>>10128949
Nice one