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11421337 No.11421337 [Reply] [Original]

What's his problem

Is he doing it on purpose

>> No.11421366

Kek money belly has him worried

>> No.11421385

BAHAHAHAHAHAHAHAHHA LINKIES BTFO

>t 12k linklet

>> No.11421391

>>11421337
lmao he fucking hates that his 8tps shit blockchain sole validation use will be chainlink
he is such a fucking faggot

>> No.11421397

>>11421337
He's absolutely doing it on purpose.

He goes out of his way to avoid mentioning Chainlink, but namedrops other lesser oracle providers all the time.
He has to be asked directly about Chainlink, in which case he invariably gets obviously annoyed.
His body language when Poon started talking about decentralized oracles was also very telling.

I don't know if it's genuine dislike, or some kind of weird inside joke, but it's very very real.

>inb4 "he hates that they wanted so much money from the ICO"
He openly backed shit like OMG (which raised about the same amount as Chainlink) and Kyber (which raised nearly twice what Chainlink's ICO raised). So no, that's definitely not it.

>> No.11421405

>>11421337
HAHAHAHHAHAHA. what a faggot. look at these useless fucks on their lunch break.

>> No.11421430

>>11421397
To add, my guess is it's genuine jealousy.
Mainly because it's obvious that Vitalik knows very well that decentralized oracles are absolutely a brilliant idea; just read his write-up on oracles from 2014:
https://blog.ethereum.org/2014/07/22/ethereum-and-oracles/

But who fucking knows.

>> No.11421442

>>11421337

Vitalik is an autistic jealous faggot. The end.

>> No.11421454
File: 184 KB, 1000x1000, battle_of_the_century.jpg [View same] [iqdb] [saucenao] [google]
11421454

>>11421337
Why is money skelly doing this to us?
why wont money skelly recognize that money belly will lead ethereum to the golden age?

>> No.11421481

He knows chainlink is a russian scam and he wants to protect the world in a nice blanket with projects like oraclize, augur and Enigma :)

Chainlink is the trump of oracles and will soon fail.

>> No.11421482

You'd think somebody that analytical would develop self awareness.

>> No.11421484

>>11421397
I'm starting to think NDAs are involved and he's in on Sergeys stealth phase desires.

>> No.11421496

>>11421454
Only someone who wants to tax the english language could be so cucked
He's a jealous little cuck

>> No.11421497

>>11421481
>Chainlink is the trump of oracles

Dumb roastie, $5000 EOY. :)

>> No.11421505

>>11421481
He said Chainlink was the Toyota of oracles.
Toyota revolutionized the car industry with their low-cost reliability, and manufacturing in general with the 'just-in-time' concept.

He definitely knows Chainlink is legit af.

>> No.11421508

>>11421481
hi astro
kys you pedo faggot

>> No.11421509

B U T T H U R T
U
T
T
H
U
R
T

>> No.11421510

>>11421481
>trump of oracles
>will soon fail

kys

>> No.11421517

>>11421505
prove it and i'll buy a few link

>> No.11421542

>>11421484
I thought this too many times.
It would make a lot of sense, since Vitalik knows his blessing would've sent Chainlink right into the stratosphere, especially late last year.
So if Sergey wanted to keep a low profile for the project, he definitely could've asked Vitalik to keep mum until go time.

This certainly would explain Vitalik's bizarre behavior.

>> No.11421543

>>11421337
nice digits op. Vitalik hates LINK because he doesn't want to admit that racist 4chan NEETs are smart and about to get rich
Oh, and newfags need to stop replying to that astro/rebecca fag

>> No.11421554

>>11421482
You analyze something when it becomes an obstacle. Skellies life had been a breeze so far - no need for introspective thought.

>> No.11421563
File: 8 KB, 314x160, 2Q==.jpg [View same] [iqdb] [saucenao] [google]
11421563

>>11421517
https://twitter.com/vitalikbuterin/status/1022514856346505216?lang=en

>> No.11421564

>>11421405
a working lunch, linkies not gonna make it

>> No.11421577
File: 43 KB, 587x300, lol.jpg [View same] [iqdb] [saucenao] [google]
11421577

>>11421337
He doesn't have a problem with Chainlink, he just regards it as the Toyota of the Oracle realm. Vitalik is more of a Rolls Royce kinda guy.

>> No.11421590

Kys kurt

>> No.11421592

>>11421563
>https://twitter.com/vitalikbuterin/status/1022514856346505216?lang=en
I guess this would entirely depend on his opinion of toyotas, i personally dont like them. I think ford cars are cuter and MUCH better :)

>> No.11421603

>>11421337
How much REP do I need to market make on Augur? I can make some cool prediction market questions I believe.

>> No.11421610

>>11421517
hi astro
kys you pedo faggot

>> No.11421618
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11421618

>>11421563
Hes saying chainlink is lame and boring af. He wants to focus on projects that actually have interesting technology and u know, actual software developers not some philosopht fuck major who tries to bang couchsurfers while eating big macs btw sergey gained at least 10 lbs since last conference season.

>> No.11421622

>>11421592
MENTAL

I
L
L
N
E
S
S

>> No.11421624

>>11421563
>responding to an attentionfag in an attempt to get him to buy link
what the fuck are you doin faggot

>> No.11421625

>>11421337
*loud toilet flush*

>> No.11421639

>>11421618
thanks just bought 100k

>> No.11421648

>>11421618
>Wearing an article of clothing with yourself imprinted on it
Holy shit, the red flag

>> No.11421650

>>11421624
I go by the pronoun her because im an actual women you fucking bigot. You better not live in a country with hate crimes or you are fucked MR

>> No.11421662

>>11421592
>I guess this would entirely depend on his opinion of toyotas
Toyota's merits and impact are not matters of opinion.

>>11421618
>He wants to focus on projects that actually have interesting technology
Toyota is responsible for some of the most exciting and revolutionary technologies and philosophies in modern (car) manufacturing.

>>11421624
Well I'm posting it for the other people itt too.

>> No.11421672

>>11421337
Chainlink is a joke

>> No.11421673

>>11421650
MENTALLY
ILL

>> No.11421679

>>11421662
Everything is a matter of opinion whether you go by facts or not. Hilary lost but she is still the best president imo :)

>> No.11421685

>>11421497
It's Astro the bald faggot

>> No.11421702

>>11421505
>ChainLink is a legitimate air force.
You fucking children say the dumbest things.

>> No.11421705

>>11421337


Someone just replied to the tweet asking why he avoids bringing up Chainlink


lol

>> No.11421715

>>11421702
'af' stands for 'autofellatio'

>> No.11421825

>>11421705
bagholders are very angry it seems

>> No.11421883

>>11421397
Vitalik knows chainlink is a scam, but if he were to come out and say it, he would probably be murdered by some insane link holder from 4chan.

>> No.11421891

brainlet here, but isn't augur in different category than chainlink? they both use word "oracle" but augur is prediction market where people bet on future events (oracle as in "predict future") - chainlink on the other had is an integration middleware build to allow blockchain apps to communicate with the outside world (oracle as in "ultimate source of truth", think authentication) - am i stupid or are they worlds apart?

>> No.11421895

>>11421883
He compared Chainlink to Toyota, anon.

>> No.11421919

>>11421825
I didn't know money skelly was a LINK bagholder since he's the only one who gets upset when chainlink is mentioned since he knows his shit 8tps blockchain will only survive because of LINK

>> No.11421926

>>11421891
>isn't augur in different category than chainlink?
yes

afaik Augur has more of a boolean premise; "is X true at time Y? y/n".
Not really the open-ended queries we think of when thinking about Chainlink's use case; "what is the exchange rate between USD and BTC at time Y?".

>> No.11421932
File: 62 KB, 720x540, Clown-Car-Clarabelle.jpg [View same] [iqdb] [saucenao] [google]
11421932

If chainlink is a toyota, what is augur? A clown car?

>> No.11421935

>>11421891
no, you're right

>> No.11422133
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11422133

>>11421932
That's my car.

>> No.11422239

>>11421563
I'm autistic and I don't think you understand what he is saying.
He is saying that when you talk about a topic, you rarely mention a specific brand.
He then uses Toyota as en example to mean: when you talk about cars, you talk about cars and not one brand.

>> No.11422263

>>11421883
>he would probably be murdered by some insane link holder from 4chan
whom, in turn, will be tracked down (including dearest relatives) by some of the people on /biz/ who made tens of millions thanks to Vitalik

>> No.11422264

>>11422239
>He is saying that when you talk about a topic, you rarely mention a specific brand.
... says the retard in a thread about Vitalik mentioning Augur by name.

Vitalik is constantly name dropping oracle-based projects, except Chainlink.

>> No.11422286

>>11421891
Yes it's different, it seems like consensus is formed after certain predicted market conditions are met whereas with chainlink the market is queried in real time with open ended rather than Boolean queries

>> No.11422326
File: 147 KB, 801x1000, 050608FF-E4F2-4503-AE51-7FF0C6D05C5E.jpg [View same] [iqdb] [saucenao] [google]
11422326

Augur is exactly the type of shit autistic fucks that have zero interaction with normal people would obsess over. Has anyone tried to use it? Least user friendly pile of shit ok Earth.

>> No.11422329

>>11422264
He is not talking about oracles, he is talking about Augur as an oracle solution.

>> No.11422345

>>11421397
You realize he got free coins in both those cases right?

>> No.11422359

>>11422329
Imagine being this autistic.

>> No.11422364

>>11421397
Sounds like a funny inside joke. Autist are capable of humor.

>> No.11422436
File: 146 KB, 788x650, 1532710208074.jpg [View same] [iqdb] [saucenao] [google]
11422436

>>11421397

it may be that vitalik doesn't like chainlink because it's working directly with big banks/financial institutions. i could be way off the mark here but my understanding of vitalik is that he's a deluded commie so he probably doesn't like that chainlink is working with "the man". vitalik wants to usurp these people, not help them maintain power.

>> No.11422543

>>11421397
I'm 100% sure that's or an inside joke to make fun of us or that money skelly is salty that he isn't the fav child of 4chan. That fucking autistic enjoyed the shitshow about his death that started here and he posted a lot of photos of himself here to force himself as a meme. Masses speaked and this generation of biztards belongs to money belly

>> No.11422570
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11422570

This meme marked the end of vitalik and the start of sergey. Eth crashed to the ground a month after this meme

>> No.11422590

reminder that vitalik single handedly killed raiden by supporting and working on other products that don't use a funding token.

>> No.11422602

>>11421543
I think it's this desu. He's mentioned that crypto will make a lot of people millionaires and said it's probably not the people we want as millionaires. I don't remember where he said this though.

>> No.11422653

he hates Sergey

>> No.11422694

>>11422436
>my understanding of vitalik is that he's a deluded commie
even dumber, he's an anarchist

>> No.11422725

>>11421337
Augur can have "le web 3.0 ecksd", we'll have Banking 2.0

>> No.11422758

>>11421337
REEEEEEEEEEEEEEEE

>> No.11422759

>>11422543
>this generation of biztards belongs to money belly
Long may he reign.

>> No.11422803

>>11421926
>>11422286
What I meant was that the use case is different - one was for humans the other for apps. After reading your replies I do indeed see that the underlying concept is technologically similar. It should be possible to build nice prediction market with Chainlink, if people ever cared about prediction markets that is...>>11422326 might be right here, I could see so much cool things to be done with prediction markets, yet it seem the people just don't care...

>> No.11422819
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11422819

>>11422759
King Chad the First

>> No.11422836

>>11421496
Sounds like he is Skullface

>> No.11422895

reminder that chainlink did a proof of concept demonstration with SWIFT around this time last year. that doesnt just happen and they dont let just anyone entertain their circle. how can people not see that Chainlink is one of, if not the only, reliable cryptocurrencies in the market. They aren't plating games like a lot of these "crypto CEOs"

>> No.11422902

>>11422694

interesting. still works with my theory i suppose.

>> No.11423063

>>11422653
The opposite. He likes Sergey but thinks chainlink is a stupid idea with a useless funding token and he hates it. So instead of ripping it to shreads in public like he does to EOS and ADA he just shitposts his rage on 4chan.
If you see any articulate LINK fudder there is a good chance it's Skelly.

>> No.11423101

>>11421337
augur is a manual oracle for thinks that have no api, while link is a poorly thought middleware solution to a temporary problem (unsigned api)

>> No.11423118

>>11423101
So its better to wait for all the major api providers to implement this? Or do something equivalent for them, pushing crypto miles ahead?

>> No.11423145

>>11423118
yes it's useful, but that's where the 'poorly thought out' part becomes important.
The best way to do an ssl oracle (ie. api that uses https) is to rely on intel sgx, and this doesn't need any token or network, everyone with a suitably modern intel cpu can trustlessly function as an oracle.

>> No.11423181
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11423181

Money Belly
>cute
>amiable
>ungodly intelligent
>lolis love him and sleep at his house all the time
>he spends his free time kayaking and hiking and seducing women

Poverty Skelly
>ugly
>bitter
>filthy communist
>never had a girl over
>he spends his time on twitter and other social media like a prepubescent girl

is Sergey /ourguy/?

>> No.11423212

>>11423181
from your description, Skelly is definitely our guy.

>> No.11423222

>>11423145
>everyone with a suitably modern intel cpu can trustlessly function as an oracle.
Why would they?

>> No.11423231

>>11421891
nigga ur right dont get trolled by astro

>> No.11423232

>>11423222
It means if you're interested in a smart contract that requires an oracle, you can send it the data on your own.

>> No.11423241

>>11421481
bullish for link

>> No.11423244

>>11423101
>>11423145
>he thinks oracles' only purpose is to ensure the security of the data transfer between API and smart contract
That's like saying a car's only purpose is to keep you from flying out the windshield.

>> No.11423252
File: 41 KB, 976x480, 1532649517181.png [View same] [iqdb] [saucenao] [google]
11423252

>>11423244
that's what link is

>> No.11423256

>>11423232
Is there any reason to believe that the data you've deposited on the blockchain is to be trusted in any manner, given your method?

>> No.11423277

>>11423145
>everyone with a suitably modern intel cpu can trustlessly function as an oracle.
Exactly. By running a Chainlink oracle in the intel cpu enclave.
As described in the Chainlink white paper.

>>11423252
No, it's not.
Chainlink is a network of oracles. You don't even know what an oracle is.

>> No.11423289

>>11423252
u don get it

>> No.11423316

>>11423256
the data downloading code runs in a secret enclave and it's integrity can be proved by uploading an attestation that's signed by intel's key
>>11423277
>Chainlink oracle
there's nothing 'chainlink' about it, it's trivial to do and doesn't require any token or network
>You don't even know what an oracle is.
>>11423289
>u don get it
not an argument

>> No.11423320

>>11421484
Exactly, you guys must realize by now he is tied to Link and attempts to keep it under radar. Think about it, ETH is a complete BUST without Link. Vitalik got Eth, Sergey got the oracle's, and together they will implement wide spread adoption of Smart Contracts. Matter it when, not if.

>> No.11423325

>>11423316
>there's nothing 'chainlink' about it, it's trivial to do and doesn't require any token or network
So where do you get consensus?

>> No.11423332

>>11423325
consensus is not needed, the return data is signed by enclave's private key

>> No.11423334

>>11423316
nigger the whole point of chainlink is it solves the oracle problem
the whole security intel sgx is a plus for secured data processing

>> No.11423353

>>11423316
>the data downloading code runs...
The value in the chainlink network would be in creating a ready to use solution, without the need to buy yourself hardware, with setups that would be most probably non-trivial. A level of abstraction allowing for a ecosystem to grow strong and healthy, without the need to know low level details.

>> No.11423357

>>11423332
>consensus is not needed
Maybe you should read about the very basics of oracles.
Here's Vitalik's take:
https://blog.ethereum.org/2014/07/22/ethereum-and-oracles/

>the return data is signed by enclave's private key
And a single enclave is "trustless", is it?

>> No.11423373

Oh shit. Didn't he use to have a personal description where he mentions Cathy Pacific as his address or some shit? He also put Counter Signalling as his hobby.

This is it lads.

>> No.11423402

>>11423334
intel sgx solves the oracle problem for returning data from api, which is all chainlink purports to do
>>11423353
>ready to use solution
open source solutions will arrive with no pointless network or tokens
>>11423357
>And a single enclave is "trustless", is it?
that's the whole point of secure hardware enclaves.

>> No.11423435

>>11422543
This, vitalik definitely browses biz. He even uses the 4chan quoting symbol https://twitter.com/vitalikbuterin/status/1051915858010927105?s=21

>> No.11423439

>>11423402
you don't know what the oracle problem is

this anon gets it:
>>11423357
>And a single enclave is "trustless", is it?

>> No.11423471

>>11423402
>open source solutions will arrive with no pointless network or tokens
The first ones won't be commercial grade. Open source projects are usually catchups, and the first mover advantage will be decisive here.

>> No.11423477

>>11423320
You must also realize if Vitalik says anything directly favorable about the future of Link and Eth it will sky rocket in price immediately, which they absolutely do not want.....yet. They need the price low until they build the node network and have it functional, then once in place they will want Link to moon in price. This will enable nodes to actually have something at risk as they accept jobs/confirmations. If the value is priced where it is now they would have to put up or risk a huge portion of their stack for it to have any impact. The solution, build node network with cheap link, then let it go up significantly in value.

>> No.11423479

>>11423402
>that's the whole point of secure hardware enclaves.
if you trust intel

>> No.11423483

>>11423402
>that's the whole point of secure hardware enclaves.
Oh sure. Except they aren't trustless and never will be, see the several exploits of SGX that have already come to light.
At best, enclaves will provide oracles with privacy. Never trustlessness.

But even if enclaves did work exactly as intended, you still need to run "an" oracle in there, like Town Crier/Chainlink.
Seeing how Chainlink is potentially cost-free, and how Chainlink will have a neat gui, there's no reason to go writing your own oracle, is there?

>> No.11423505

>>11422436
link isn't working with anyone my dude.

They have 3 developers. Any big company could recreate link from scratch in like 3 weeks. A real company has hundreds or thousands of developers. They barely have any code and 0 adoption.

>> No.11423520

>>11421337

Chainlink, The Toyota Of Oracles. It's there but it's nothing special and definitely not worth mentioning.

t. Vitalik

>> No.11423522

>>11423505
Link already has legitimate footprint within corporate-land. Sibos/swift bond projects amongst others.
This is more important than writing software and waiting for your awesomeness to be discovered somehow.

>> No.11423527

>>11423505
Lol... That is some stanky fud.

>> No.11423530

>>11423471
it's literally json parser + code for https, it's trivial.
The only reason it doesn't exist already is because sgxv1 requires registering company's key with intel. Sgx v2 doesn't, it's either available in gen 9 cpus or is going to arrive in the next series.
>>11423479
One wrong data will publicly prove that sgx isn't secure, so there's no realistic risk.
Chainlink's majority voting is sybillable and completely worthless. The schelling point assumption only works when nodes are actually independent, but without kyc there's no way to ensure that.
>see the several exploits of SGX that have already come to light.
Each attestation has a cpusvn number (security revision) which can be continuously updated globally.
It's not perfect but no better way exist, at least until everyone starts to sign their own apis.

>> No.11423535 [DELETED] 
File: 156 KB, 1440x2560, Screenshot_20180919-075428.png [View same] [iqdb] [saucenao] [google]
11423535

>>11423483
>Vitalick "I'm not allowed to talk about ChainLink" Buterin

>> No.11423546

>>11423530
>It's not perfect but no better way exist
there's the chainlink network

>> No.11423551

>>11423520
>Toyota
>nothing special and not worth mentioning
When the sides of your skull are taller than the middle.

>> No.11423564

>>11423546
you ignored the rest where I wrote why it isn't.
That's the reason for 'third party reputation providers'. Ensuring that nodes are honest and independent is the whole problem, everything else is trivial. Eventually even they realized their harebrained scheme is fundamentally insecure, so they are going to release only the trivial parts.

>> No.11423567

>>11423477
Checked. Exactly. Let the tokens proliferate across the world for neet nodes then let the price explode and it becomes very decentralized.

>> No.11423569

>>11423530
This guy was in the last Vitalik thread a few days ago also..... a bit weird

>> No.11423570

>>11423530
>it's trivial
making it foolproof and airtight to the degree required for trustless operations on the financial markets is definitely not trivial

>> No.11423576

>>11423530
>at least until everyone starts to sign their own apis.
Cute that you still think oracles only serve to ensure the security of data transfer.

I gave you a link to Vitalik's take on oracles, read it.

>> No.11423594

>>11423530
>without kyc there's no way to ensure that.
There will be kyc provided by multiple competing reputation providers

>> No.11423603

>>11423564
>Eventually even they realized their harebrained scheme is fundamentally insecure
Well see if that is correct. Rather trust an openly implemented reputation scheme than the intel-secret-computation device

>> No.11423623

>>11423570
>foolproof and airtight to the degree required for trustless operations
those parts were shifted to 'third party reputation providers'.
There's nothing hard about a literal json parser over https.
>>11423603
there's nothing to see, they abandoned the hart part entirely.
>>11423576
there's nothing in that article that contradicts what I wrote, I don't think you understood it.
>>11423594
...which makes it equivalent to using several centralized oracle providers at once :)
Why even use chainlink?

>> No.11423630

>>11423623
>hart
hard*

>> No.11423651

>>11423145
No token, no network = no economic reward system = no reputable data

Am I missing something here? Serious.

>> No.11423652

>>11423623
>there's nothing to see, they abandoned the hart part entirely.
abandoning is something different than allowing third party plugins. Can be arguably harder to implement.

>> No.11423653

>>11423623
Lol definitely not skelly. Nice try though.

>> No.11423660

>>11421397
you know people actually use Augur... its functioning unlike craplink

>> No.11423662

>>11423564
Hello Vitalik

>> No.11423676

>>11423564
>That's the reason for 'third party reputation providers'. Ensuring that nodes are honest and independent is the whole problem, everything else is trivial. Eventually even they realized their harebrained scheme is fundamentally insecure, so they are going to release only the trivial parts.
Someone didn't read the white paper.
It clearly says that all three major chainlink contracts, including the reputation contract, are meant to be configurable by the users.

>>11423530
>Chainlink's majority voting is sybillable
Someone didn't read the white paper.
It clearly says that trusted hardware helps combat sybil attacks.

>> No.11423678

>>11423551

Point is according to Vitalik Chainlink is just...Toyota while Augur is Lambo.

>> No.11423687

>>11421337
How much BTC to hire a hitmann? Is that still a thing?

>> No.11423706

>>11421484
I think so too

>> No.11423707

>>11421337
>>11421397
>>11421430
As someone who's worked with many genius IQ autistic developers it's absolutely because he irrationally does NOT like sharing the same thought space as Sergey since:

- Philosophy degree
- He's a lot less autistic and more social

>> No.11423729

>>11423651
The secure enclave is assumed to be trustless.
>>11423676
>the reputation contract, are meant to be configurable by the users.
translation: 'we don't know how to do it in a secure way'
>It clearly says that trusted hardware helps combat sybil attacks.
it doesn't, it only forces attackers to rent intel hardware.
Even kyc isn't perfect, but at least it's harder to fake.
The reason augur's approach works is that it's global, everyone owning rep can vote on one answer. Once you get thousands of people voting sybil attacks stop being practical. For apis that's not practical.

>> No.11423766

>>11423729
Auger doesn't work. You can't have high volumes of data where every decision takes huge amounts of conscious attention. Human attention is a limited resource.

>> No.11423774

>>11421405
>sergay is munching on a big mac in the background

>> No.11423777

>>11423766
Perhaps, but at least it's not sybillable like link.

>> No.11423809

>>11423623
>there's nothing in that article that contradicts what I wrote
Only because you didn't read it.
The security of data transfer is incidental.

>>11423729
>translation: 'we don't know how to do it in a secure way'
Or 'we want to do it in a decentralized way', you peabrain.
Chainlink dictating the conditions of the security contract or aggregation contract would imply centralized control over all oracles.

>it doesn't, it only forces attackers to rent intel hardware.
Because operators can tamper with enclaves, riiiight?

>> No.11423826

>>11423777
what do you think staking is for exactly

>> No.11423830

HAHAHHAHAHAHAHAHAHAHHAAHAHHAHAHA
Imagine the salt level of linklets

>> No.11423832

>>11423777
Oof. You're a shame to those digits.
How are you going to do that to a network with kyc? It's the least of their worries.
No, definitely not skelly. Maybe one of those salty enigma devs.

>> No.11423856

>>11423832
This dude has run all this down before and eventually took one on the chin and went away. Clearly has an agenda, I think I will stick with Sergey and company. By the way, let me know when Vitalik actually discredits Link, it will NOT happen.

>> No.11423892
File: 246 KB, 1080x1361, 1521349148713.png [View same] [iqdb] [saucenao] [google]
11423892

>>11423809
>Only because you didn't read it.
I read it. You're still not able to point where's the contradiction.
>The security of data transfer is incidental.
The entire last paragraph is about security, but the article is about oracles in general, not just api oracles like link.
>Or 'we want to do it in a decentralized way', you peabrain.
that's not what decentralization means. Bitcoin is decentralized but its protocol is constant.
>would imply centralized control over all oracles.
no, it would imply they are able to design a secure way to do that, just like satoshi invented pow as the consensus mechanism.
>Because operators can tamper with enclaves, riiiight?
Not even wrong. Trusted enclaves can be used to identify a particular cpu, so several nodes executed on one machine wouldn't work, requiring renting several machines to perform a sybil attack. That's it, that's how secure enclaves are supposed to help.
>>11423826
staking in link doesn't solve it, because there's no penalty for incorrect responses, only for responses that diverge from the temporary majority. It's a pointless gimmick, which is perhaps why there's no requirement to own link to run a node.
>>11423832
a 'network with kyc' = using several oracle companies at once. There's zero added value from chainlink and the whole project becomes pointless.

>> No.11423926

>>11423892
>The entire last paragraph is about security
Wow, you sure showed me wrong. Not.

>that's not what decentralization means. Bitcoin is decentralized but its protocol is constant.
lmao, you're such a fucking tard.

>no
Except yes.

>requiring renting several machines to perform a sybil attack
Read the white paper, big boi.

>> No.11423937

I wouldn't be surprised if he was actually accumulating. Whatever the case may be its bullish as fuck when big names are averse to mentioning a crypto by name

>> No.11423948

>>11423892
>just like satoshi invented pow
Satoshi didn't invent POW

>> No.11423971

>>11423926
your butthurt is palpable. there's nothing to 'show wrong', all you did was link vitalik's article which deesn't contradict me in any way.
>>11423948
satoshi invented pow as a consensus mechanism.

>> No.11423975

>>11423971
>your butthurt is palpable

>> No.11423978

>>11423892
>staking in link doesn't solve it, because there's no penalty for incorrect responses
kek
>which is perhaps why there's no requirement to own link to run a node.
KEK

>> No.11423980

>>11423892
just because there is no entry barrier in terms of link amount doesn't mean you will make any income with an empty node you brainlet

and you will be able to choose between random node selection as it was going to be in the beginning and reputation providers, the agreggation mechanism will be in place
>muh jason parser over https
kys you retard

>> No.11423996

>>11423971
>>11423975
>my butthole is pulsating

>> No.11423999
File: 181 KB, 680x786, 1538136738331.png [View same] [iqdb] [saucenao] [google]
11423999

>>11423892
lmao

>> No.11424005

>>11423678
https://www.forbes.com/sites/greatspeculations/2016/05/31/why-toyota-is-more-valuable-than-gm-ford-honda-combined-part-2/#1d9df12e4a57

>> No.11424018
File: 23 KB, 326x323, 1528447080560.jpg [View same] [iqdb] [saucenao] [google]
11424018

>>11421679
This is bait but I'm a sucker. She's might have been the best presidential canidate in your opinion but she objectively cannot be the best president, not even in your opinion and therein lies the failing of your logic.

>> No.11424176

>>11421430

Yeah, that's my theory. Ethereum should have basically had the Chainlink functionality incorporated from day 1, including part of the "mining" occurring by people running the equivalent of Link nodes. He realises that the lack of this is a big part of why Ethereum isn't getting enough adoption & wants to tank CL until he comes up with his own solution.

>> No.11424204

>>11422326

This. As a dev how do I even make use of it? Where's the docs or examples? For non-devs, how do they physically contribute data to it? Whole thing is a UX nightmare.

>> No.11424208

>>11423892
you can run a node without link but no one will use it.

For this instance, Link serves as collateral value to the smartcontract in question to make sure there are no bad actors in relayed data.

the higher the value smartcontract the more LINK a node will need to carry. hence the ever increasing value of LINK.

>> No.11424210

>>11421484
then why would he actively be promoting other oracles? he would just keep his mouth closed

>> No.11424220

>>11424208
>to make sure there are no bad actors in relayed data.
link penalizes nodes that diverge from the node majority (for that response), not incorrect responses, as that's impossible to determine. Staking link doesn't guarantee anything.

>> No.11424225

>>11423435
lmfao

>> No.11424229

>>11424210
because Vitaliks Ethereum can't function without Chainlink. He hates it. Even more, Chainlink can handle offchain computation for the Ethereum network hence making Eth more impotent.

>> No.11424230

>>11421397
Hes figured out your masternode scam, the only reason chainlink exists is to reward the masternode holders, 80% of the fucking currency goes to them.

>> No.11424245

>>11424220
and you think you're just gonna get 51% control of any specific contract? you think the contract creators are brainlets an won't vest what they're choosing? and with random node selection how do you see that playing out, are you gonna wait months/years building reputation to attack it later on? (while still hoping 51% of your nodes get chosen out of thousands nodes running on the network)

>> No.11424247

>>11424220
Staking link does not guarantee usage. But will be one of the requirements for nodes used for certain value contracts. Without Link Value, your node might not be used.

>> No.11424274

>>11424230
masternode holders? wow are you stupid.

>> No.11424275

Chainlink exists for the benefit of the masternode holders who pull the data and convert it into blockchain readable formats. 80% of the currency goes to rewarding those people, link is just a /biz/ scam to buy people neet tier jobs.

>> No.11424281

>>11424245
>you think the contract creators are brainlets an won't vest what they're choosing?
kyc doesn't need link, because you can just use oracle companies - company registration is a form of government's kyc. The whole premise of link was pseudonymous decentralization like nodes in bitcoin or ethereum.
>are you gonna wait months/years building reputation to attack it later on
as reputation was shifted to third parties it's impossible to say how it's going to work, if at all
>(while still hoping 51% of your nodes get chosen out of thousands nodes running on the network)
I can run thousands of nodes too, what if my nodes are 50% of all link nodes? That's the sybil attack.

>> No.11424287

They all got in when it was a fraction of the price and stand to become millionaires if it takes off, its a pump and dont dump where they benefit and everyone else has their money rerouted into /biz/. Its not even supposed to be invested in because it has no purpose, the company converts its profits into its own currency. There is literally no reason anyone would use it except speculation. Zero use case.

>> No.11424314

No serous what's his problem lmao this is becoming an on going joke or what.

>> No.11424320 [DELETED] 
File: 350 KB, 467x716, 121413.png [View same] [iqdb] [saucenao] [google]
11424320

>>11421337

>> No.11424330

>>11424275
>>11424287
>doing retard fud 150 posts into a serious link discussion
dude, you're only supposed to fud when a newfag asks about link.

>> No.11424332

>>11424281
>kyc doesn't need link, because you can just use oracle companies - company registration is a form of government's kyc. The whole premise of link was pseudonymous decentralization like nodes in bitcoin or ethereum.
we will se how it's gonna play out, free market will decide whether the contract creators will require collateral even from KYC'd nodes or not, no one knows the where the equilibrium is gonna be

>as reputation was shifted to third parties it's impossible to say how it's going to work, if at all

they will still build the reputation contract, reputation providers are just gonna make a nice listing service off chain, but the reputation parameters will be verifiable onchain and random node selection will be possible so you will be able to use the way it was intended from the beginning (not sure if the random selection on chain will be available from the start of the mainnet so don't quote me on that)


>I can run thousands of nodes too, what if my nodes are 50% of all link nodes? That's the sybil attack.
yea good luck with that
it's like sayng that George Soros will start mining btc and 51% attack it

>> No.11424353

>>11424332
>it's like sayng that George Soros will start mining btc and 51% attack it
51% attacking bitcoin requires billions worth of asics.
I can have nodes on 10k different ip addresses for $100/hour

>> No.11424379

>>11424220

You really need to go read how all this works.

>>11424281

....and trust is weighted by the staked tokens, to directly prevent this attack. This bringing us full circle to "why staking tokens is still important, despite it being possible to run a node without it". Critical data sources will have heavy competition to be used, in terms of uptime, quality AND amount backing them.

Not needing to stake will be great for semi-private nodes using one off data sources, like a small business wanting to connect it's internal staff portal to something (like, I dunno, a restaurant wanting to import its wait staff ordering tablets directly to an accounting package). But you wouldn't query a 0-token node for NASDAQ movements to price your on-chain ETF or something.

>> No.11424394

>>11424353
And then you would have to register them with a listing service and reputation provider, build reputation, have enough LINK on each one for deposits, AND convince someone to use them.

>> No.11424400

>>11424330

Best Link thread in ages, including the dissenting opinions. Discord p&d pajeets stay the fuck out thanks.

>> No.11424410

serious question... does chainlink have a working product right now?

>> No.11424413

>>11424353
>I can have nodes on 10k different ip addresses for $100/hour
from what I've read from Johny's posts it's gonna be way more costly and attention consuming than you probably think

you also seem to forget that you'll need to have a good reputation score (correctness/uptime/response time/link amount(yes the link token amount will be a factor in itself)

seriosuly any network can be compromised in theory, Also no one will run high value smart contracts right off the bat when every node operator starts from scratch and there is no way to rate nodes. So your best bet is to compromise some meanigless contract in the very beginning and waste all your reputation right at the start while others leave you behind and every next attack will be nearly impossible

>> No.11424419

>>11421481
>Chainlink is the trump of oracles and will soon fail
Trump has done nothing but win though

>> No.11424434

>>11424379
>>You really need to go read how all this works.
that's literally how this works.
>and trust is weighted by the staked tokens
that's not in the whitepaper, but without penalties for incorrect answers that doesn't solve anything. It's not currently possible to short link, but if it ever got big it's going to be, so any such attack would be costless.
Without shorting, the cost would be limited to the drop in link value once the attack becomes public knowledge, which can potentially be smaller than the profit for important contracts.
>>11424394
nothing you listed is a problem. Oracles are supposed to be used for smart contracts worth millions if not billions (in the future).
>AND convince someone to use them.
what does 'convince' mean without manual selection based on kyc, ie. a direct copy of the existing company model?
>>11424413
>good reputation score
there's no point discussing reputation details because there's no reputation algorithm. Which means for every attack that works against one design, you can say that's irrelevant because the actual algorithm is going to be different.

>> No.11424456

>>11424434
>there's no point discussing reputation details because there's no reputation algorithm. Which means for every attack that works against one design, you can say that's irrelevant because the actual algorithm is going to be different.

what do you mean?
The team WILL create the reputation contract/algorithm. They're working on aggregation now, next is reputation and the first listing service, other listing services will be done by 3rd parties.

>> No.11424483

>>11424456
>The team WILL create the reputation contract/algorithm
well then, when it's going to be public there's going to be something to write about. From what I read last time reputation was supposed to be done completely by third parties with link only providing scaffolding for that.

>> No.11424487
File: 10 KB, 591x63, notyet.png [View same] [iqdb] [saucenao] [google]
11424487

>>11424410
ah ok just checked
there is no working product yet lol
unlike augur, which released months ago

>> No.11424509

>>11424483
that's BS spread by brainlets here, because they think that way mainnet will launch earlier if the team doesn't have to do anything.

Reputation will be tracked onchain, there will be a contract for it, it's gonna be a combination of facotrs like I said, uptime, answer correctness, response time, link amount, maybe some other parameters I forgot about

>> No.11424527

>>11424509
>uptime, response time
reliability, not security
>answer correctness
unless they plan on centrally testing for objective (in context) truth, it's answer divergence, not correctness.

>> No.11424547

>>11424204
>doesn’t understand how it works
>therefore it’s trash
Imagine being this much of a brainlet. Kys faggot.

>> No.11424559
File: 400 KB, 1466x742, Screen Shot 2018-10-16 at 7.50.05 PM.png [View same] [iqdb] [saucenao] [google]
11424559

>>11421337
doesn't matter 1337 boy
picrelated

>> No.11424576

>>11421517
astropedofaggit


rutabaga is a pedo, so is astro and they are both from the UK. R U FROM THE UK?

>> No.11424596

>>11421650
you are so obviously astrofaggit it hurts. I genuinely hope you kill youself cuz you got (((hacked)))

>> No.11424638

>>11424527
>reliability, not security
so what lol? that's what decentralized oracles are all about too, if uptime wasn't important oraclize would be much more popular.
Chainlink will either work as a totally decentralized oracle service with random node selection or a oracle market place where you choose whatever you want, you tried to fud it before but that's actually a good thing not a con. Everyne will be able to utilize the network the way he wants 24/7 with 100% uptime and level of decentralization they thin is needed

That's why things like Oraclize will get cucked bu link and only thing they can do to stay in business is by one of the node operators on the CL network/market place

>unless they plan on centrally testing for objective (in context) truth, it's answer divergence, not correctness.

ok so we go back to the same problem I just explaned to you earlier, you would need to gain 51% to attack the contract/other nodes with malicious data. That's gonna require a shitton of resources, track record (reputation) and probably still some luck and like I said in the beginning no one will run high value contracts on a brand new network with all node operators starting from scratch so you're basicly hoping to run a legitimate node operation on a large scale for a longer period of time and then blow all that on a very likely unseuccessful attack? find me someone who's gonna do it

seriously it's no different than accusing every other network of possibly being compromisable.

I gotta go to sleep, keep the fud coming if you have any left I'll respond tomorrow if the theread is alive

>> No.11424641

>>11423181
edited Delphi meme is still Delphi meme

>> No.11424664

>>11424638
>That's gonna require a shitton of resources
It doesn't, that's only true in proof of stake (majority of stake + this requires slashing and deposit lockups) or PoW (majority of hash power). A node in itself is very cheap.
What you're describing is network consensus which is a 30+ years old idea which doesn't work if there's no way to ensure separate identitites.

>> No.11424679

>>11421481
Fuck off using your name as a tag you attention seeking roastie slut

>> No.11424809

>>11422239
>>11422329

Hahahaha nerd

*throws rice on the ground*

Hey hey guys look he has to pick them all up and count them now

>> No.11424825
File: 48 KB, 428x413, 1487040223582.jpg [View same] [iqdb] [saucenao] [google]
11424825

>>11421577

DUMPING 100K LINK

>> No.11425543

>>11423623
This guy knows how to fud

>> No.11425569

>>11424679
that's astro
he's a pedo faggot
don't be fooled

>> No.11425722

>>11423477
Why would they need it cheap now? I get why they'd need it expensive later. They already have huge supplies of tokens so why would they need it cheap now?

>> No.11425996

>>11425722
Cost of entry is low. Then if token increases in value you'll have profit sharing theory allowing the network To grow infinitely. Jump-starting the network is the biggest hurdle. It's the deciding factor for whether the project lives or dies.

>> No.11426095

>>11425722
There is still plenty out there to be had by small players such as many on biz. My guess is SEC related impact as well.

>> No.11426173

>>11421481
Jesus you're still fucking here

why

>> No.11426746

>>11423181
>>11424641
the edit was obviously done by delphi to make it look like other anons like their memes

>> No.11427544

Thread TLDR ? I just woke up. Am i supposed to read this wall of text ?

>> No.11427640

>>11421563
Toyotas are the most reliable cars hands fucking down. They never fuck up.

>> No.11427672

>>11423477
checked.

>> No.11427784

>>11423477
Sky rocket in price ? Do you see any augur pump because of his tweet ? NO

>> No.11427833

>>11421481

trippin

>> No.11427845

>>11424664
There are a large number of solutions that will ensure the security of the network, read the white paper.

>> No.11427854

>>11421592

trippin


Fix
Or
Repair
Daily

>> No.11427855

>>11422653
He has to. Every video I've seen of them is awkward as fuck and Vitalik always seems arrogant. I wonder what happened between them.

>> No.11427867
File: 1.88 MB, 360x240, pls.gif [View same] [iqdb] [saucenao] [google]
11427867

>mrw everyone is arguing with a fudder who definitely holds 100k LINK.

>> No.11427898

>>11427855

u think vitalik tried to make a move on sergey but sergey said no because he is an oracle man

>> No.11427902

>>11427867
To give fudders a reason to fud. I hold 45k and fud link constantly. Just make up some pseud argument and the other linkies will fight you for days.

>> No.11428177

>>11421337

look at them scoffing down pizza trying to catch up to Sergey lmao

>> No.11428499

>>11427902
Its really crazy when you realize that all Link holders are FUDing too lol, i can confess in this dead thread than im FUDing too just to be more comfy with strong refutes :D

>> No.11428510
File: 254 KB, 890x854, 257B2314-6A70-488A-BCAA-679681CEA364.jpg [View same] [iqdb] [saucenao] [google]
11428510

>>11421397
So your saying my ETH shorts are going to have 5,000% returns ?

>> No.11428576

anyone have the green tinted version of the closeup of the ugly guy's face . the one where people usually post the red tinted version during dumps?

>> No.11428617

>>11423212
Lolmao

>> No.11429492

>>11427544
Something about cars. Nothing to see

>> No.11430866

>>11425543
Yes, but still a fudder.