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/biz/ - Business & Finance


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10736189 No.10736189 [Reply] [Original]

Does anyone know if the 350MM LINK set aside for node operators to "incentivize the ecosystem" is meant to pay us (those who own the 350MM ICO LINK) or is it meant to be given to businesses that want to join the Chainlink network? If so, why haven't they distributed any of those tokens yet?

To anons with relevant expertise, how much work would it take to operate a node using Linkpool's NaaS service? I'm curious to know if it'll be easy to find jobs and execute contracts and the amount of time it would take.

What kind of returns could we expect to see from our nodes at the beginning? Since reputation is based on factors like node age, uptime, correctness %, etc it seems best to be one of the first nodes online to earn the best data requests.

>> No.10736198

Bro just run a node, brainlet lol

>> No.10736202

It's the Big Mac fund. The team needs to stay well fed if they're to deliver $1000 EOY

>> No.10736223

>>10736198
lol running a node will be like mining... to do it well will be a full time job. You will have to constantly seek out new and exotic data streams. You will have to battle sybil attacks on your stack.

If you aren't going to run a node, join a pool or just sell your tokens. Revenue is never really passive.

>> No.10736225

>>10736202
The other 300MM LINK is the Big Mac fund

>> No.10736269

>>10736189
look sergey is fucking $1000/h hookers with the ICO money, when that's depleted he's gonna start dumping the 350MM links.

that's what they for

>> No.10736290

>>10736223

Nah bro this is wrong lol. U crazy

>> No.10736313

>>10736223
linkpool will do all the work it seems...

>> No.10736347

>>10736313
not if you use NaaS

>> No.10736357

Imagine that the 350m worth of bagholder LINK is being held in clenched fists waiting for $1000. And the company doesn't want to sell its link because if it owns zero link then WTF does that even mean for the network.
That's why you have another 350m link to pay node operators for actually doing the work. In the case of an actual serious utility token all 1B tokens would be slowly emitted to node operators in return for doing work, but such is capitalism that the company, and us faggots, are given the opportunity to buy and hold a lot of that transactional power.

>> No.10736425
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10736425

It's not even a joke, look how big he's become, it's all from big macs

>> No.10736522

>>10736189
I think it may mean that mainnet will be launching with variety of enterprise nodes already available and stable, this could be their only real marketing play. Tokenizing node dividends seems like a great way to overcome the massive 3rd party datamarket and allow regular investors to continue to invest in company names and products they are already familiar with instead of working to understand crypto. These data markets usually have shady ethics and have operated in the grey for years unchecked. Now any individual would be able to see who buys and sells their data and when and possibly even control whether it may be released (pending node participation). What if this would become more profitable than the stock market? Forget securities, what would we be looking if we could invest in only the assets of a company since everything gets scaled to fuck all these days anyway? Legitimately asking, kinda lit.