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/biz/ - Business & Finance

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11111525 No.11111525 [Reply] [Original]

How can an ERC-20 token which only works on on Ethereum token be "blockchain agnostic"?

You realise your tokens are useless on any other network right?

>> No.11111545

Yeah, here's the thing. Everyone says that Chainlink is big because it allows all those ERC-20 shitcoins to fulfill their promises
But then when you mention how shitty Ethereum actually is, they say "Oh but LINK is blockchain agnostic"
Yeah but I can't imagine a future where a smart contracts platform overtakes Ethereum that doesn't have its own built in oracles.

>> No.11111551

Blockchain agnostic nigger. Kys

>> No.11111570

>>11111545
>missing the entire point of trustless decentralized middleware to settle transactions.


are you purposefully retarded or generally retarded?

>> No.11111580

>>11111570
>missing the entire point of buzzword buzzword to buzzword buzzwords
$0 EOY

>> No.11111605

Chainlink software (aka the actual Oracle) will be blockchain agnostic. The token runs on ethereum.

>> No.11111654

>>11111605
Token economies don't work because they are intrinsically unstable, imagine FORCING a token economy for your shittoken to work lmao

Link has no chance

>> No.11111695

>>11111545
"smart contracts platform overtakes Ethereum that doesn't have its own built in oracles"

Your an idiot.

If they can be built into smartcontracts then why have oracles at all? The whole point of a separate, decentralized oracle bringing data to the smartcontract is to deter bad actors. You cant do that if smartcontracts have "built in oracles".

>> No.11111740

>>11111525
Biz is filled with idiots like this OP. If your gonna start a thread and claim something at least do your research. As it was stated before.

"Chainlink software (aka the actual Oracle) will be blockchain agnostic. The token runs on ethereum."

>> No.11111749

>>11111695
>Your an idiot
Hahahahahahahahahahahahahaha

>> No.11111752

>>11111654
Yes.

Sergey even fucking admits this. They were trying to get people to want to use crypto, and no one wanted to. He made a fucking cryptocurrency at the height of a bubble. This is just another dumb attempt at a project by a guy who has failed at every other stupid project he has previously attempted. People here still talking about a 60th ranked shitcoin cryptocurrency like they've got a mil ticket. How are people here so fucking retarded??

>> No.11111898

>>11111654
Another full blow idiot.

1. Smartcontract creators must pay node owners in LINK
2. Smartcontract creators will use nodes that contain proportionate value of LINK within the node.

These two will drive the value of LINK. It is not a "forced economy". it is a necessity.

Not only will LINK transactional value increase due to the mass adoption of smartcontracts. there is financial incentive to stake massive amounts of LINK to attract high value smartcontracts such as derivative, bonds, real estate...etc. We are talking about node owners staking enough link with value to equate into the 10s of millions.

>> No.11111926

>>11111898
>2. Smartcontract creators will use nodes that contain proportionate value of LINK within the node.

edit

2. Smartcontract creators will use nodes that contain proportionate value of LINK that is comparable to the value of the smartcontract.

>> No.11111943
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11111943

>>11111111

>> No.11111966

FUD all you want you fucking crybabies, pathetic swing trading faggots. I hope you all get left behind as you desperately gamble to get your stack from 1.5k to 2k.

>> No.11112005

>>11111966
I'm just playing doubles advocodo

>> No.11112012

>>11111966
No one is swing trading your low volume shitcoin.

>> No.11112063

Chainlink is not an ERC20 token

>> No.11112508
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11112508

>>11111525

>only works on Ethereum

>> No.11112541

>>11111926
In other words, forcing the existence of bagholders. Good luck with that.

>> No.11112549

>>11111525
Christ you fucking retards are so god damn stupid it's painful to read the shit you spew onto this board sometimes. You have no idea what you're talking about and I'm only responding to this because I don't think you're trolling and actually are genuinely fucking retarded.

>> No.11112582

>>11111966
No one swing trades this non-liquid shitcoin lmao

>> No.11112594

>>11112012
>>11112582
>scripted responses
Sup faggots.

>> No.11112609

>>11111525
link token itself is just for payment/collateral, the whole network will be able to transfer data to whatever blockchain you want.

Brainlet like you think that the token itself is gonna magically do everything and therefore needs its own blockchain (as if there wasn't enough already)? you're retarded, it's about people running many nodes

>> No.11112632

>>11112594
If you are constantly expecting Link to magically go up just because a thread has repeated digits no wonder you go all psychotic about perfectly logic answers.

>> No.11112658

>>11112541
Kek, you can't reason a bagholder out of a position he didn't reason himself into.

>> No.11112662

>>11112632
You can head back to discord and collect your high fives now, dude. You've done your time for the night.

>> No.11112790

>>11111580
> he thinks those are buzzwords because the terms confuse him
This is the average nolinker guys. A creature to pity for sure.

>> No.11113041

>>11111926
>>11111898
This guy gets it. There will not be enough Link to go round

>> No.11113181

>>11111525
Wow OP you're the first one to figure this out I can't believe it. How did nobody else notice after being shilled every day for a year? I cannot believe this. Just sold everything. Thanks OP. This kills the linkies. $0 eoy.