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/biz/ - Business & Finance


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10723368 No.10723368 [Reply] [Original]

>> No.10723388

https://docs.chain.link/docs/faq#section-do-aggregation-and-reputation-contracts-need-to-be-complete-for-main-net-

>> No.10723463

Tell us something we dont know. However it will take a while

>> No.10723633

This is exactly why main net will not come before march 2019. Right now the node is just an oracle and you can write your own contract. There is no network, no aggregation, no consensus, no reputation, etc.

>> No.10723710

>>10723633
how do you know they aren't working on it in a private repo?

>> No.10723727

>>10723633
Are they lazy or what? That much time to build a simple json parser is a bit curious.

>> No.10723740

Erm, no sweetie - mainnet will be delayed by at least 3 years as they compiler thing I forgot the name of something code snipping will take fucking FOREVER for some reason I dunno, I literally have no fucking clue about anything and just believe people spouting BIG BRAIN sounding technobabble lmao so I'll just not buy any because I am a fucking idiot and regret it in the future but hey I get to shitpost about Linkies all day now at least, but I do worry I'll look back on these times and wonder WTF did I waste my time doing that for when I could have just researched Link myself and made an informed decision lol fuck my life if Link does actually moon I'll unironically kill myself

>> No.10723757

>>10723727
Alright, gunna let me shitposting mask slip just for a moment, and possibly change your life forever (unlikely because you're a brainlet):

If you HONESTLY believe the "it's just a jason parsnip" meme I honestly pity you.

Like I said, it's difficult to change people's minds - you're probably already a lost cause at this point

>> No.10723808

>>10723740
Code ship, and yes you are right

>> No.10723820

>>10723710
because the team has stated it on multiple occasions.

>> No.10723843
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10723843

>>10723757
>If you HONESTLY believe the "it's just a jason parsnip" meme I honestly pity you.
nobody believes that. LINK fud is a kind of performance art at this point. we're all gonna make it. £342,857 eoy!

>> No.10723844

Can someone explain to me why this has become such a gargantuan task?

Weren't they supposed to have figured this out conceptually before writing a 45 page technical whitepaper?

It seems like they're figuring it out as they go, no?

>> No.10723873

>>10723820
not true

>> No.10723920
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10723920

>he thinks mainnet will be ready before 2019

>> No.10723932

>>10723844
Smart contracts are a BS, overhyped idea that have very little practical use. They probably are figuring it out as they go along. They did an ICO...which is one of the most illegitimate fundraising methods, and are now trying to execute a project in an overhyped space that no one has much real world use for. Why should they have any urgency?

>> No.10723940
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10723940

>>10723820

>> No.10723949

>>10723368
>Chainlink

DIE YOU FUCKING PIECE OF SHIT FAGGOT SHILL

FUCK YOU MOTHER MORON

>> No.10723962

>>10723844
Colega, te reconozco de lejos por tu forma de escribir. Un consejo, replace that final "no?" with a "isn't it?" and it won't be so obvious that you speak Spanish

>> No.10724223

>>10723710
I asked Rory last week and he said no private repos...At one point I think they had a private repo but they specifically said it was not node related.

>> No.10724330
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10724330

>>10723820

market sell your shit

>> No.10724367

https://www.insurancejournal.com/news/international/2017/10/30/469647.htm Insurances on blockchain. Stephan Karpischek and Sergey were both at EDCON

>> No.10724373

>>10724330
This is can be interpreted as adapters / other code that relates specifically to certain items that may be under NDAs.

>> No.10724398

I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have high reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Ethereum hit. Happy gambling though anons.

>> No.10724509

>>10723368
>In order for the decentralized vision...

>> No.10724613

>>10723843
Nigga, if LINK were $342,857/unit I'd be richer than Bezos.

No way that shit happens my dude. Unless we have hyperinflation out the ass.

>> No.10724694

>>10724613
Unlike Bezos, you'll sell. You'll sell WAAAAY before you see 1B.

>> No.10724734

>>10724694
>Unlike Bezos, you'll sell. You'll sell WAAAAY before you see 1B.
Or perhaps I'll be among those staking their LINK on nodes.

But thanks for the vote of confidence

>> No.10725268

>>10724373
kys

>> No.10725386

>>10723740
Yeh, right.