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10138698 No.10138698 [Reply] [Original]

I had a talk with a SAP head of, he confirmed me the launch of a smartcontract implementation for Q3 with a new product launch.

He told me how important SAP PI is and how he is managing implementation for GOV, Financial, FMCG sectors.

>The goal of SAP PI is to provide single point of integration of all systems inside and outside the corporate boundary across technologies and organizational boundaries.

> The middlewares of the 21th century are chainlink.

https://wiki.scn.sap.com/wiki/pages/viewpage.action?pageId=16263
> SAP as premier hyperledger member

https://www.hyperledger.org/announcements/2017/03/22/hyperledger-welcomes-sap-as-premier-member

>> No.10138730

>>10138698
1000 $ EOY

>> No.10138746

>>10138698
So many larpers today.
But can someone here explain why Oraclize is not used more if smart contracts are so important? Is a centralized oracle service really so much worse than a decentralized one?
Or are smart contracts way overhyped and there aren't all that many real life use cases?

>> No.10138750
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10138750

>>10138698
thanks op i was missing the daily link LARP threads

>> No.10138761

>all these brainlets

It will take at least 3 years MINIMUM for codeship adaptation.

>> No.10138774

>>10138698
SERGEY IS SO
F A T
A
T

HIS BMI IS
7777777
7
7
7
7
7
7

>> No.10138786

>>10138698
I really believe you OP.

>> No.10138797

Close your eyes, try to clear any thoughts you are having
Take long, slow, deep breathes and put all your focus and attention onto your breathing
iiiiiiiinnnn.................... ooooooooooooouuuut

good. Do this for a few minutes, then -
VISUALIZE yourself becoming rich through your LINK investment
ANTICIPATE the things you will buy with your new found abundance of wealth
IMAGINE as though it is all happening now in the present moment, for the present moment is all that truly exists
MOST IMPORTANTLY
FEEL the way you will FEEL when that moment comes and you make it!
FEELING THE EMOTION IS MORE IMPORTANT THAN JUST VISUALIZING THE IMAGES!

Now open your eyes, look in a mirror, and recite these affirmations (use/add your own that is relevant to the reality you want to create once you make it)
I AM RICH
I AM WEALTHY
I AM A MILLIONAIRE
LINK HAS GIVEN ME INFINITE ABUNDANCE
It's important to do this when you wake up and before you go to bed, but do it as often as possible. Also hold the image and idea of us making it and LINK being worth $1,000 or more in your mind as you fall to sleep.

WHEN WE DO THIS COLLECTIVELY MY LINK BROTHERS, THE UNIVERSE WILL SEE TO IT THAT CERTAIN EVENTS, PEOPLE AND CIRCUMSTANCES WILL ALIGN AND BE ATTRACTED TO US - THAT WILL ALLOW OUR DESIRE TO MANIFEST INTO REALITY!
I love you all

>> No.10138813

>>10138746
>why Oraclize is not used more if smart contracts are so important?

Because they're centralized. Full stop. This is unacceptable for any real application, it's simply useless.
Asking this question is like asking why weld stuff together if glue exists

>> No.10138825

>>10138813
Indeed.

>> No.10138837

>>10138813
SPOF.

>> No.10138885
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10138885

>>10138698
Prove no larp or bad bad anon

>> No.10138888

>>10138813
Doesn't matter if chainlink is decentralized.
Smartcontracts, as it currently stands, will always have a Central point of failure with or without chainlink.
Smartcontracts won't become mainstream until this fundamental problem is resolved.

>> No.10138915
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10138915

>>10138888
Weeeeewwwwww lad we gonna make it

>> No.10138917
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10138917

>>10138888
chainlink is a garbage meme, confirmed

>> No.10138934

>>10138888
I'm glad to see that 4chan still have non-brainlets posting around.

>> No.10138947

>>10138888
>Smartcontracts, as it currently stands, will always have a Central point of failure with or without chainlink.

Where is this point of failure?

>> No.10138968

>>10138698

Too late, the Codeship has already left. Lets just hope SWIFT is still on board.

>> No.10139157

>>10138947
Chainlink oracles validate the data on chain by communicating with multiple decentralized nodes. How do you validate the accuracy of the data that is brought on chain in the first place?

>> No.10139185

>>10139157

What

>> No.10139205

Another larp, but it’s nice to entertain the thought of such an application of link in the very near future.

>> No.10139238

>>10139185
He's asking the same question everyone who didn't read or understood the whitepaper asks
>BUT HOW CAN YOU GUARANTEE THE DATA IS TRUE
Read. The. Whitepaper.
They go to great lengths discussing the incentive structure involved.

I won't type it out for >>10139157, DYOR;

>> No.10139269

>>10139185
I meant, how do you validate the accuracy of the data before it's brought into the chain link network? Sure chainlink is tamperproof but implementing chainlink only solves one problem and creates the next. Its kinda like treating the symptom without addressing the underlying cause. Off chain data is not tamperproof and I don't see a way to decentralized the data feeds like you do with chainlink.

>> No.10139276

>>10139157
What is aggregation of data

>> No.10139341

>>10139238
t. Delusional bagholder
Reputation hasn't even been worked out yet. You also have no idea how the market will react. All you're talking about is theoretical bullshit

>> No.10139353

>>10139276
Oh yeah? How are you going to decentralized the data feeds? You can't, at least decentralized to the extent chainlink nodes will be. Thus, presents a serious security flaw.

>> No.10139355

>>10138698
I also had a talk with THE head of SAP, when i asked him about chainlink he asked what we need a fence for

>> No.10139482

>>10139353

So.....you're actually worried about the external API data quality, not the Chainlink nodes then. OK, so you want a standard of proof that's completely impossible, like magically verifying if Google have interfered with their own data feed. Right.....look, I want to accumulate more too, but that's just shit-tier fud anon.

>> No.10139532

>>10139157
I am on a harness hanging outside the smartcontract office suite in San Francisco. I can see Sergey chomping on big macs and doing code academy tutorials on a porcelain chair.
I emailed him your posts about this fundamental problem with chainlink, and within 5 minutes of reading it he started throwing a tantrum. He smashed his computer, knocked out all of the employees in the room he was in, and started stomping the floor. He stomped it so hard that he ended up falling through it. Then the most appalling thing happened: I saw Steve emerge from the closet in a black and white maid's suit, complete with black heeled shoes, white pantyhose, and a featherduster. His hair was even in a bun. Steve begrudgingly started cleaning up the mess Sergey had made, shaking his head, and pulled out another shiny new computer with the plastic still on it from the closet. He set it down on top of the broken one and left the room. Seems like this sort of thing happens on a regular basis.

>> No.10139555

>>10139269
Responding to the bait because I'm bored.
The problem you've thought up isn't the problem that chainlink solves. You've asked, 'how can we be sure the contractor has accurately reported completion of contract terms?' This question is, and always will be, the risk inherent to any contract regardless of reporting method.
The question that chainlink answers is, 'how can we be sure that the postal service delivers an untampered report on the completion of contract terms.'

>> No.10139586
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10139586

>>10139532
>To think that this guy has so much link and so little time that he now spends his time FUDDING link for fun.
>KEK
>I love it.

>> No.10139678

>>10139532
Thanks anon.

>> No.10139684

You all better start really holding on now. I'm gonna start talking about chainlink to all my friends and family, I'm going to hype the shit out of it. You can choose to ignore me if you want but this is where I shine, I'm really good at hyping shit up to normies.

>> No.10139764

>>10138698

Thank you Link Marine!! This is gold>>10139684

>> No.10139910
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10139910

>>10139157
are you fucking retarded

>> No.10139966

>>10139555
The reason why chainlink is speculated so much is because the amount of cost that will be saved by automating and removing the middle man. Of course the problem I brought up is inherent in ANY contractual agreement. But that just begs the question, why would you even use a smartcontract then? Like you said, It doesn't solve THE fundamental problem inherent in any contract.

>> No.10140254

>>10139341
Thought precedes reality, always you fucking brainlet shitstain.

>> No.10140282

>>10139532
Kek

>> No.10140292

>>10139269
105

>> No.10140378
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10140378

I unlarpingly, unironically work at MUFG right now.

I don't actually work there but I'm a consultant and they're they nee client so I technically(physically) work there recently. We sit next to the tech guys and one guy really likes to talk. I've been there long enough and we've shot the shit casu enough that it wouldn't be weird if I asked him questions would you guys want me to?

I hear him talk to guys at SAP or SWIFT everyday. Hes in 'systems architecture' I think but idk I dont kne the tech side much at all

>> No.10140445

>>10140378

considering this SAP larper is just that, a lying larper, I wouldn't waste my breath and risk exposing that you spend time on 4chan.

>> No.10140494

>>10140378
Yes, ask away.

Ask him about smart contracts, or new and innovative ways. ask general vague questions and see how much he talks.

>> No.10140659

>>10138813
Unironically oracles are the only thing that actually NEEDS to be decentralized. Everything else with decentralize in it is just a cash grab.

>> No.10140691

are we going to be the new financial elite biz is this the best timeline ?

>> No.10140702 [DELETED] 

>>10139684
No one cares about that because normie money doesn't matter. This project will live or die by institutions, period. Hence why the team doesn't officially update any of us. It's pointless to shill to random faggots unless they are your closest friends and family. Anyone else and you are just whiteknighting to boost your own ego.

>> No.10140834

>>10140691
Have many "financial elites" become so off of good investments? It seems too easy. But honestly, I'm sure 90% of us will be BTFO in the years to come. Reality is too unpredictable.

>> No.10140926

>>10138761
nice shill
5 year minimum

>> No.10141651

>>10139966
>It doesn't solve heisenberg's uncertainty principle, so why would you use it?
Come on dude.
You would use smart contracts to lower overhead and further incentivize honesty because it's more efficient and competitive than acting in bad faith.

>> No.10141700

>>10138813
A+ metaphor

>> No.10141724

>>10139157
I hope you realize that, as a philosophical point, this is essentially impossible with any software at all. "Correct" data is based entirely on human interpretation. The computer sees bits and compares them. That's all it will ever do.

>> No.10141843
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10141843

>>10140834

A lot I would imagine. Warren Buffet, George Soros, Carl Icahn.

I think what makes it hard for most people is the willingness to hold long term in the face of adversity. Most people are pretty emotional and of average intelligence while most of us are pretty autistic and smart, so we don't process huge financial loss in the same way that normies do- it's just numbers on a screen to us. Like a video game. If we lose points we just start grinding and reading more lore. It seems easy to us but only because for many of us crypto, an extremely volatile speculative market, was our first real investment experience. The whole market seems bat shit crazy to a lot of established big money guys but for many of us it's all we know. I'm down $80k this year having initially invested about $3k and I'm not even concerned about it because I still have about $16k worth of LINK.

>> No.10141881

>>10141843
I'm at about 15k from a high of 70k and I'm not even phased (initial was something to the tune of 3k worth of a forgotten LTC stack I mined back in '15)

>> No.10141916

>>10141843
>we don't process huge financial loss in the same way that normies do- it's just numbers on a screen to us. Like a video game. If we lose points we just start grinding and reading more lore

Spot fucking on mate. ATH of $170k, down to $50k now, not sweating it even a little. I honestly could not care less. I know it's going to go up. It also helps that I'm sitting on a fat stack of 117k linkies.

>> No.10142278

>>10138746
Lol. It's gone down several times. Can you imagine if actual important smart contracts were tied to it? Lol.

>> No.10142420 [DELETED] 

>>10140834
I won't be BTFO. If ChainLink does not carry me to the halcyon fields, a 9mm will. I've got my ticket one way or the other.

>> No.10142478

>>10139532
top kek