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/biz/ - Business & Finance

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10330716 No.10330716 [Reply] [Original]

Sergey will fork ChainLink for private companies to use at their pleasure. No private company would dare share private data on a PUBLIC chain. That's absurd.

It's common sense. Sold my Link earlier after discovering this fact.

>> No.10330733

But muh Oracle

But muh node

>> No.10330742

Cool fud

>> No.10330748

>>10330716
This but shhhh
I wanna sell high in sept when mainnet rumors really pick up

>> No.10330764

>>10330742

It is misconcepted fud, he’s close but not far off. Chainlink is middleware that doesn’t need tokens. If they succeed your tokens will be worthless they will run the nodes themselves and the Chainlink team will get insanely rich. The last ones to sell their chainlink will basically be selling for nothing, I had 23k Link and sold them all, if you read the white paper and tracked the git hub you would understand that they can do this, and there is no reason why they wouldn’t. Sergei will easily
Be too 5 wealthiest person

>> No.10330768

>No private company would dare share private data on a PUBLIC chain.
Whats is sgx

>> No.10330772

This not being very true sir. There many beings private toilets available for poo using, but I AM ALWAYS using public street. Sometime it is being much better for public poo.

>> No.10330819

>>10330748
Well it's my moral duty to stop people getting scammed. I don't support your jewish money making schemes.

>> No.10330838

Old news, even before SIBOS their website said that they are working with SWIFT to develop smart contracts FOR THEM. Not that SWIFT will use Chainlink.

>> No.10330874

>>10330716
Discovering this fact??

This applies to every single crypto and has always.

Sure there will be real world applications, but any talk of partnerships with any company is foolish because if it's the tech they want, they make their own chain and operate there.
If a company held millions in one token and a massive dump was called you think they would hold through a multi million dollar drop? FUUUCK NO.

Only partnerships that matter are those like visa or any that'll help convert crypto to fiat.

>> No.10330953

>>10330716
i'm all ears, serg

>> No.10330973

>>10330764
Russians are masters of deceit and corruption. Sergey is keeping quiet because he's smart enough to know eventually the truth will be discovered.

I just hope /biz/tards sell before they lose everything.

>> No.10331053

>>10330716
>private blockchain
what's the point of a blockchain if it's not decentralized?

>> No.10331083

>every coin ever: Mainnet releases, it dump
>LINK holders think it will go to 10$ after mainnet

>> No.10331090

>>10331053
Reduced overheads

>> No.10331410

>>10331053
decentralisation amongst trusted peers, which relaxes implementation details, making it more performant in other areas than trustless decentralization

>> No.10331480

>>10330716
Chainlink is blockchain-agnostic.
Companies can tie the data to any type of blockchain or DLT they want.

>> No.10331651
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10331651

>>10330819

>> No.10331886

>>10330716
>No private company would dare share private data on a PUBLIC chain.

Exactly. Thats why Chainlink has this covered you absolute mong. Nobody can know what being queried you tard,

>> No.10331905

thank you for bringing this to my attention. i have just market sold all of my chainlinks and advise everyone still holding to do the same.

>> No.10331919

chainlink is utterly worthless for private use (and public use too, but thats another story). it already uses centralized oracles, so a company can just run their own oracle to pull their own data, skipping out the chainlink middleman.

>> No.10331948

>>10331919
this

>> No.10331959

>>10330716
UGH, it all makes sense now! Just sold, thank you

>> No.10331966

>>10330716
>AOL is the future
>Intranet of money is the future
>We will hire staff to watch every API instead of outsourcing because we can afford it
>Having 500 forks of Chainlink makes life easier. The staff we hire to keep the data flowing between our company and other companies need their jobs and we'd just be assholes if we automated this.
I could go on, but your statement comes down to "harumph". Companies with PUBLIC smart contracts will use publicly available data.