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/biz/ - Business & Finance


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10606786 No.10606786 [Reply] [Original]

https://cointelegraph.com/news/microsoft-introduces-ethereum-proof-of-authority-algorithm-on-azure

>>10500258

>what did they mean by this

>> No.10606815
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10606815

>> No.10606821

>>10606786
hehe

>> No.10606858

Rinkbys identity staking will render link staking worthless. Another nail in the coffin for link.

>> No.10606895

>>10606858
can you elaborate for a brainlet

>> No.10606919

>>10606786
>ctrl+f: chainlink
>0 results
lol

>> No.10606985

>>10606919
thanks for that totally original memeresponse

Anyone want to fud this? Anyone?

>>/biz/thread/10037821

>> No.10607170

There was a thread 2 days back. Anon posted pic of Azure using chainlink on rinkeby. The thread got archived or deleted pretty quickly.

>> No.10607242

>>10607170
thanks anon

>>/biz/thread/10588240

>> No.10607601

>>10607242

So if I'm not mistaken this means MS is testing Chainlink in a private test to integrate with their own Azure platform?

>> No.10607678

Explain for a brainlet please.

>PoW “works great in anonymous, open networks where cryptocurrency promotes security on the network,” said Azure Global software engineer Cody Born. “However, in private/consortium networks the underlying ether has no value.”

Doesn't this make Link worthless on the private networks?

https://www.ccn.com/microsofts-new-ethereum-blockchain-product-gets-rid-of-mining/amp/

>> No.10607696

>>10607678
LINK is not proof of work, afaik. It's a token which is a totally different thing

t. fellow brainlet

>> No.10607728

>>10606786
delete this thread
NOW

>> No.10607741

>>10607601

>>/biz/thread/S10571303

>> No.10607742

>>10607601
Bump, would like to know as well

>> No.10607762

Is all of /biz/ just LARPing as retards now or are newfags really this fucking stupid. Every post is
>t. brainlet here hurrr durrr spoon feed me I don't know how to think critically or make my own decisions
You will never make it if you need the approval of NEETs on a vietnamese hentai image board to validate your own logic or investments.

>> No.10607780

>>10607762
>t. brainlet

>> No.10607801

>>10607741
>>10607242
So this anon is correct then? >>10607601

>> No.10607802

>>10606786
>>10607601
>>10607742

>microsoft introduces ethereum proof of authority algorithm on azure

>Rinkeby is a Proof-of-Authority testnet for ethereum.

>> No.10607805

>>10606786
This has nothing to do with Link. Prove me wrong.

>> No.10607833

>private chains

Why?
Literally a shitty, slow, expensive, unreliable database

>> No.10607850

>>10607780
Post another blockfolio thread faggot then kys for being so weak you need validation from others.

>> No.10607911

Please delete this

>> No.10607980

>>10606895
you will trust a banks API even if it had 0 linkies staked

>> No.10607995

>>10607911
Anon, BTC is going to 5k you have as much accumulation time as you want.

>> No.10608000
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10608000

>>10606786

>> No.10608008
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10608008

>>10607911

>> No.10608017

>>10607678
no it doesn't do anything about link. the only thing link uses ethereum for is as a token holding, staking and payment service. the actual functional part of link, what link does as a service, is all off-chain

>> No.10608068

>>10607980

Will other banks? Doesn't matter what the consumer trusts; most people have literally 0 use for an API ever.

>> No.10608091

>>10606919
If I ctrl+f "retard" on your birth certificate it'll come up with 0 results as well, but you clearly are retarded.

>> No.10608111

Isnt this bad? If you trust the authority, why would they need to stake link

>> No.10608157

>>10606786
>Another day another conspiracy

>> No.10608165

>>10608111

Does the other bank trust the other bank? Would you when there are literally trillions of dollars on the line?

>> No.10608250

>>10608157
mumbai technical potty training academy has over 50 years of unsuccessful attempts to train pajeets to use the potty.

>> No.10608463

>>10607741
Yeah. This is the one

>> No.10608468

>>10608165
>private/consortium networks

Trust would already be implied

>> No.10608527

I feel like none of the shit you guys post has anything to do with link except for that useless cornell university thing.

>> No.10608536
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10608536

>> No.10608549

>>10608091
That's all you have? Pathetic

>> No.10608755

>>10608527
None of it actually does. Just a whole lot of bullshit being thrown around hoping that it pumps the price.

>> No.10608858

>>10607802
so what are you saying in brainlet terms?

>> No.10608909

>>10608858
That through mental gymnastics Link is somehow being used by Microsoft.

>> No.10608949
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10608949

>>10607728

>> No.10609012

>>10608000
DELET

>> No.10609159

>>10606858
>imagine being this much of a brainlet
Chainlink was just deployed on a proof of authority testnet (Rinkeby), tardboy.

>> No.10609284

>>10609159
They are testing chainlink nodes, which can operate with zero link tokens staked

>> No.10609361

>>10609284
>which can operate with zero link tokens staked
Please tell me all about how this months-old fud changes anything lmao.

>> No.10609577

>>10609361
It means maybe these companies using poa wont stake link and rely instead on their reputation...

>> No.10609718

2500 sats eoy
HOWEVAH
BTC will be at or near 50k
Link will be around $2

>> No.10609837
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>>10608858

sergey invited bill gates over for lunch but bill is a vegetarian and cannot eat big macs, so sergey decides to order both big macs and fries so that everyone is happy.

>> No.10609841

>>10609577
That would only work when they transact with themselves.
Whenever a party tries to conclude a contract with another party, both are going to want assurances.
This was always the case.

And what the hell do you think the marketing effect will be when major companies use Chainlink, even without tokens?

>> No.10609984
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10609984

>>10609012

>> No.10610010

>>10608091
>this level of salt and cope

you fucking bagholding cunts are going to end up killing yourselves come EOY and your shitcoin is sub 5 cents

>> No.10610012
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10610012

>>10609984

$9,999 eoy

>> No.10610020

>>10606786
The prophecy is $1000. $2500 is a false prophecy.

>> No.10610140
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10610140

>>10610020
trustless decentralized oracles in the future alow us to connect timelines and interact with it on a blockchain. Some anons went back in time with their future fortune and tweeked a few things so they could jump to the $2500 timeline. It worked, and now its becoming a growing trend amongst our future selves to pay for access to the tech in order to switch timelines as well. Essentially you just have to say it to yourself over and over and eventually the information will imprint in your memeory and cause you to act in the fad with other linkholders. I really enjoyed the 1k timeline. It was wilder than anything I even dreamt of, but after you experience everything there is to and get to do so at the brink of age extension technological breakthrough and the 4th industrial revolution, get rich off of exploring and monetizing the outer reaches of our solar system, having any women I wanted real, digital, or robotic. Enjoying the peak of everything was amazing, but ive been told the $2500 timeline is magnitudes more of everything I loved about the 1k timeline, and it gives me the opportunity to experience the whole thing again. I highly suggest you upgrade to the $2500 timeline,

>> No.10610179

>>10608091
If I ctrl+f "dick" on your body it'll come up with 0 results as well, but you clearly have one stuffed in your rectum

>> No.10610216

>>10606786
Ethereum would pump on it in better times.

>> No.10610348

>>10606919
>Carl-f oracle
>0 results
U r rarted

>> No.10610571

>>10607762
I truly believe link is a solid bet if not the best one in the entire space.

>> No.10610587

>>10607601
>So if I'm not mistaken this means MS is testing Chainlink in a private test to integrate with their own Azure platform?
Good question

>> No.10610632

>>10607995
Unironically this, chainlink $0.18 EOY. And $0.18 for the next two years too.

>> No.10610638

>>10608111

They could still fuck up the data and cost a contract a shitload of money in the process. Just because you the institution is trusted doesn't make your data 100% reliable.

>> No.10610669

>>10610632
the way things look today that's actually not a bad result

>> No.10610779

>>10610669
Of course it's not

>> No.10610974

>>10610632
>store of value

>> No.10611011

>>10610140
LINK $2500 EOY

>> No.10611393

>>10608165
that's actually not true. Banks do trust eachother. They're only worried about some 3rd parties/bad actors interfering in the deal

>> No.10611550
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10611550

>>10611011

>>11011<<

>> No.10612258

OP plz terminate this thread immediately.

t. CIA nigger

>> No.10612723
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10612723

>> No.10613353
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10613353

>>10610140
this.

$5k+ timeline anon here, we were able to tokenize all matter and trustlessly record information for eternity with infinite TPS

>> No.10614103
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10614103

>>10610140
$2500 EOY
>$2500 EOY
$2500 EOY
>$2500 EOY
$2500 EOY
>$2500 EOY
$2500 EOY

>> No.10614952

>>10614103
You can tell the giga Stacy act masks the supreme autismo trapped inside. It’s truly beautiful

>> No.10615156

>>10607762
they really are this retarded