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11523541 No.11523541 [Reply] [Original]

The only reasonable chainlink fud is realizing that it will have TOO MUCH usage and eth won't be able to deal with all that traffic right out the gate.

>> No.11523559

>>11523541
Nnoo, why, fug and it's wojak-pink. Perfect ID

>> No.11523567

>>11523541
Whats offchain computing

>> No.11523579

The only reasonable Chainlink FUD is this:
https://abc7news.com/home/recall-alert-toilet-flushing-system-may-explode/4547848/

>> No.11523581

>>11523541
>>11523559
Checked. High quality ID.

>> No.11523595

The only real fud for chainlink is not being able to figure out what to do with all of your money once you make it.

>> No.11523619

>>11523541
>The only reasonable chainlink fud is realizing that it will have TOO MUCH
How is this FUD?

>> No.11523624

>>11523541
Been saying this all year, Mr. Nn00yfuG.
ETH couldn't handle 30 people playing cats and you think an ERC20 token can backbone every major financial interaction. the only answer deluded niggerheads have to this is "muh agnostic" "muh can switch to another platform"

>> No.11523649

>>11523624
Off-chain computation
Off-chain computation
Off-chain computation
...

>> No.11523650

>>11523624
Um...are you really this dumb? I think you got to do a little more research mah dude lolz

>> No.11523683

>>11523567
What's a LINK token being ERC 677 and so relies on Ethereum to not shit itself when it does a transfer and call?

>> No.11523688

>>11523541
when will you fuck off already

>> No.11523701

>>11523683
don't worry they don't understand anything but buzzwords and buzzphrases.They haven't programmed shit in their lives.

>> No.11523715

>>11523624
lol, off chain computation is where it;s at now. did you not watch sergay's presentation?

>> No.11523717

>>11523650
No, he's right. Every transaction passes through the ETH network, which shit it's bed with a cat website, how can you ever think that SWIFT will be using this crap? They won't. If ETH doesn't work tomorrow, you're link tokens are useless.

>> No.11523732

>>11523541
>what is private ETH clones

>> No.11523734

>>11523541
ETH isnt making oracles because they're too busy creating a scalling solution for the largest smart contract network available

also, most of CL computation is done off chain to not overload ETH and for it to be cheaper


haven't you been paying atention?

>> No.11523736

>>11523701
Well, never too late to learn:
https://github.com/ethereum/EIPs/issues/677

>> No.11523738
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11523738

>>11523717
I would first look into how the cat game work thru eth and than compare it to how link works thru ether...and than come back to this thread and announce how many single digit IQ points you have lmfao

>> No.11523748

>>11523738
>insulting is my only defence in every thread
Pathetic display

>> No.11523754

>>11523649
doesn't change the fact transactions still have to take place on eth...

>> No.11523773

Why doesn't anyone bring up the Intel SGX vulnerabilities (Spectre, Meltdown, Foreshadow)?

>> No.11523775

>>11523541
This was addressed months ago when Thomas answered this exact concern in the telegram
The link transfers for individual assignments will be done in contract and will not need to interact with ETH/gas
To deposit to start/stake in a node or to withdraw accumulated LINK from having run a node will require an on chain command

>> No.11523778

This is why Enigma is better.

>> No.11523788

>>11523701
says the person who is wrong
ETH only got congested last year because of cryptokitties that each tx was 6 figures worth of gas like 100-200k if i remember
normal transfers of tokens cost like 25k

>> No.11523794
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11523794

>>11523595
This

>> No.11523803

>>11523788
the whole crypto kitties thing was pretty unbelivable
still the largest dapp if im not mistaken

>> No.11523804

>>11523541
>eth won't be able to deal
Good thing chainlink isn't restricted to just ETH. There you go. No more FUD.

>> No.11523812

>>11523788
You don't think SWIFT using LINK tokens for even 1% of its data would congest Ethereum?

>> No.11523819
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11523819

>>11523773
Because they’re solved

>> No.11523821

>>11523804
If ETH is gone tomorrow. LINK doesn't exist. There you go, your point proven wrong.

>>11523788
>thinks SWIFT will not crash it
kek

>> No.11523825

>>11523788
these are the people holding link. the people who don't understand the congestion causes higher gas prices and not the other way around. just true reverse geniuses.

>> No.11523826

>>11523804
No one is saying that. You're saying that. We're talking about the LINK ERC 677 token relying on Ethereum for functionality. Check out
>>11523736

>> No.11523837

>>11523812
why tf would swift move payment processing onchain rather than just allow companies who work on blockchain to use their bank transfers

>> No.11523844

>>11523825
Well those are most likely newfag linklets. Us who got in in 2017 know Ethereum needs to scale before LINK is really worth anything.

>> No.11523850

>>11523773
that's great FUD if you're dealing with retards that can't google

the thing was fixed in the same day it was discovered
never really was an issue

it's more of a conceptual problem than a real problem

>> No.11523854
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11523854

>>11523826
If it’s a problem it will go through the Accenture Interopbility node, or use

https://www.ledgerinsights.com/accentures-enterprise-blockchain-interoperability/

>> No.11523855

seems Linkies don't even understand basics of tokens

>> No.11523865

>>11523837
>swift move payment processing onchain
Again. No one is saying this. Why are you arguing with yourself? We are talking about SWIFT using LINK ERC 677 tokens.

>> No.11523871

>>11523855
who could've guessed?

>> No.11523873

>>11523821
this guy thinks blockchains can just "disappear", how dumb are you people?

>> No.11523881

>>11523873
It's an example, contracts can be frozen on ETH

>> No.11523886

>>11523873
>npc.emotionalResponse()
ETH can lose support and lose its hashrate, welcome to crypto.

>> No.11523887
File: 3.57 MB, 300x168, 20181025_123304.gif [View same] [iqdb] [saucenao] [google]
11523887

No chainlink FUD is reasonable

>> No.11523897
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11523897

>>11523873
>once you post something to the internet it’s there forever

>> No.11523900

If Vitalik is tired of LINK he can just cancel the whole thing

>> No.11523904

>>11523865
you're on about using link tokens to facilitate 1% of its data
to begin with, what the fuck does that even mean? theyd use the token to pay nodes to trigger a bank transfer
as I said above, they have 0 fucking reason to use blockchain themselves when they have their new gpi system which is actually good
all theyd look to do is let other businesses use their gpi to trigger bank transfers from contracts
ffs

>> No.11523907

ITS OVER

https://news.cnn.com/2018/10/24/tech/russian-spy-caught-in-the-biggest-crypto-fraud/index.html

>> No.11523911
File: 415 KB, 676x684, 1531520352368.png [View same] [iqdb] [saucenao] [google]
11523911

>>11523887
>band-aid solution

>> No.11523918

>>11523886
yeah so can fucking bitcoin and its the 10th anniversary of it soon and it still is a big steaming pile of shit but that has more hashrate than ever

>> No.11523924

>>11523907
WTF I CLICKED THIS NOW ALL MY 0 LINK IS GONE

>> No.11523929

>>11523918
doesn't change the fact that if ETH is gone LINK is gone.

>> No.11523931

>>11523904
Ok. You're either trolling or you really don't understand the point of Chainlink, haha.

>>11523854
This doesn't address the LINK ERC 677 token. This addresses Ethereum, etc, off-chain interoperability which is a whooole other thing.

>> No.11523968

>>11523929
lol no, bet youre the same faggot wholl jump in another thread and claim how great link is cause it supports every chain on the planet
dont contradict yourself, cause you and i both know that isnt true
>>11523931
go for a walk, you're loosing it. cant believe you people think that swift will move their cross border settlements onto eth for no reason whatsoever and pay through their arse holes to do it when theyve spent billions on a new gpi system that does the SAME FUCKING THING
they will use chainlink so other people can use their systems from onchain.... simple

>> No.11523988

>>11523968
What are you even talking about? No i'm not. Give your arguments on the matter. How are you going to move your tokens if ETH is gone, please enlighten me

>> No.11524027

>>11523988
if eth died a horrific death by loosing miner support and got 51% attacked to death, you can simply fork your own eth and restore the token or create a token transfer process like other chains do when they move from erc20 to their own

>> No.11524028

>>11523968
>cant believe you people think that swift will use chainlink
>they will use chainlink
Are you high? You're contradicting yourself in the same paragraph now. Yikes!

>> No.11524043

>>11524028
fucking lefties twisting what i say to fit their own agenda and throwing shitty statements out their with the aim to offend and dont give any rebuttal
typical

>> No.11524047
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11524047

>>11524027
>everybody forks
>there are 157425 chains now
>i'll just sell my tokens from chain #51981 on binance

>> No.11524051

>>11524027
>simply fork your own eth and restore the token
Yeah ok. You must be trolling. I don't believe anyone with the capability to post on /biz/ let alone find Chainlink can actually be this braindead.

>> No.11524065

>>11524051
oh look another lefty npc

>> No.11524086
File: 41 KB, 800x450, brainlettttt.jpg [View same] [iqdb] [saucenao] [google]
11524086

>>11524027
>simply fork your own eth
the absolute state of stinkies

>> No.11524095

>>11523619
Not being able to pick up on obvious social cues is a sign of autism

>> No.11524111

>>11523541
Hyperledger and corda won't drag on ethereum so that's some good news at least. The risk if rapid adoption is real!

>>11523559
That is a dope-ass id

>> No.11524112

>>11524086
you should google about ETC

>> No.11524115

So is this what we're doing now? They can't fud Link so now they're resorting to fudding Eth to fud Link. Kek

>> No.11524120

>>11523897
this is really stupid

>> No.11524123

>>11524051
>>11524086
What exactly is incorrect about what he said? You know Ethereum is open source and anyone can create their own fork, right?

>> No.11524140

>>11524123
Which would be worth 0$ at that point.

>> No.11524151

>>11524115
We're basically making fun of you guys

>> No.11524164

>>11524123
>he thinks the value of ethereum is in the code

>> No.11524185

>>11524140
a token for something that doesnt rely on eth is worth zero when moved from it because the chain it was on got attacked, so stupid
if anons give me a ridiculous situation to try their best to fud the unfuddable then expect an answer to fix that problem which is also out there
you people need to go back to twitter and support trans people with your word games

>> No.11524212
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11524212

ahhh what website do i go to to set up my wallet and invest quickly??? thank you in advance

>> No.11524213

>>11524185
>hundreds of threads
>everyday new discoveries
>major partnerships
>unfuddable
>hours and hours spend on research
and holochain is valued more

Honestly, you guys are retarded

>> No.11524242

>>11524140
>>11524164
You're talking about the value of the Ethereum fork not the value of the LINK token. The fork would not suddenly be an ETH competitor dipshits it would be essentially a private Ethereum chain with only the LINK token on it. Chainlink would function exactly as before but without congestion from all the other public ETH dapps. Are you guys fucking with me or are you this retarded?

>> No.11524288
File: 98 KB, 1462x2046, TSTBaQ7.jpg [View same] [iqdb] [saucenao] [google]
11524288

>>11524242
>private Ethereum chain with only the LINK token on it

>> No.11524314
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11524314

>>11523821
>If ETH is gone tomorrow. LINK doesn't exist. There you go, your point proven wrong.
No. You forget LINK already supports BTC and hyperledger, so they would just move the tokens to another chain and LINK would go on. How dumb can you be?

>> No.11524339

>>11523929

I mean this is gotta be the stupidest statement I have read yet.

"so if ETH is gone"

Why not just say "so if BTC is gone" or how about "if Zombies took over tomorrow" or if "the sun went dark and we had no electricity"

saying "if ETH is gone" is basically giving yourself a fairy tale excuse not to invest. Its lame.

>> No.11524341
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11524341

Isn't that why they're working on Polkadot?

>> No.11524343

>>11524242
Private Ethereum chain? What? There’s no good reason to fork the Ethereum code and make it private except to practice developing in the Blockchain world. It’s too expensive to run your own nodes which are intended as part of a public network. You must be thinking of sharding, with only link occupying a single shard

>> No.11524418

>>11524343
>You must be thinking of sharding, with only link occupying a single shard
So Ethereum scaling. Which is the topic of this thread, lmao.

>> No.11524453

>>11524418
people trying to make themselves feel better for being nolinkers

>> No.11524510

>>11523541
>delusional stinky linkies ignoring their single usecase will be consumed by iota's qubic

Inb4 qubic wont happen, it's just as pie in the sky as link is. If both are at 100% functionality, there's no purpose for link to exist.

>> No.11524565

>>11524418
Yeah, Ethereum scaling. It’s a big fuckin problem for link to be successful, especially since they’re starting with on chain aggragation as well as order matching and .. reputation? I don’t know how they’re handling reputation honestly, but our shit is fucked if Ethereum can’t scale. I guess the only solution is shift focus to hyper ledger and rebuild for that platform in the event Ethereum sucks long term.

>> No.11524641

>>11523778
astro the pedo lover every1

>> No.11524682

>>11524111
this and swift is planning on using hyperledger

>> No.11524710 [DELETED] 
File: 143 KB, 855x1475, 1540265836091.png [View same] [iqdb] [saucenao] [google]
11524710

>>11523541
>Nn00yfuG
>oxygen-deprived wojak pink
i'm not gonna make it

>> No.11524738
File: 143 KB, 855x1475, 1540265836091.png [View same] [iqdb] [saucenao] [google]
11524738

>>11523541
>Nn00yfuG
>oxygen-deprived wojak pink
i'm still gonna make it i know it yesterday's behind me haha

>> No.11524771

>>11523541
Does Link ever plan to build on top of Holochain? Seems like it’d be the best move given that Eth can’t scale and sharting will never come from the boogie eater

>> No.11524807

>>11523931
It does, if it works. Assuming you run a transaction on accord or whatever Blockchain, your link credits spent will get processed to the node and probably wait in limbo and update the chain later. That’s what interoperability is.

>> No.11525648
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11525648

>> No.11525678

>>11523748
He’s right though.

>> No.11525681

>>11524565
Yes, I know. Try telling that to the people who don't think so and be amazed by their idiotic replies.

>>11524807
You can only put off calling Ethereum so much and, honestly, at this point you're arguing for things more speculative than even Ethereum scaling solutions.

>> No.11525702

>>11524242
ah yes so chainlink devs fork to their own version of eth but who would then secure the network? all the hash power is gone, Miners fighting over which fork is the real fork
link would still be dead...

>> No.11525737

>>11524565

So your telling me that Chainlink will bring forth the 4th industrial revolution and it will be so huge that Ethereum will have problems scaling do to too many smartcontracts... because Chainlink makes it so?

Dont be a fool. buy LINK if this is the case.

>> No.11525769

>>11523579
Lol

>> No.11525835

>>11525681
It’s not speculative. And your straw manning. Nice try.

>> No.11525883
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11525883

>>11523541

Oh fugg :D

>> No.11525917

>>11523541
NOOOOOOOOOOO FUUUUCK

>> No.11526045

>>11525835
>It’s not speculative
Ok, aside from their pretty white and purple flowery pamphlet, do you have any resources to show it's anything more than just a concept right now?

>> No.11526135

>>11526045
No, and I don’t need to provide anything except the solution to OP’s problem. They could have a finished product for all you know. Chainlink doesn’t even have a main net out, so arguing about this is pointless. What I provided is the solution to OP’s problem. This isn’t even a problem regarding chainlink but more or less DLT. You guys just want to FUD for whatever

>> No.11526247
File: 1.84 MB, 2000x2000, chainlink meme4.png [View same] [iqdb] [saucenao] [google]
11526247

Damn. Fudders in this thread absolutely desperate and seething. Just bought another 1K

>> No.11526259

>>11526135
>You guys just want to FUD
I can't speak for OP but I would say showing that Ethereum can't scale for large usage is a problem for projects which utilize Ethereum is not FUD and thinking the opposite is being ignorant.

>> No.11526261
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11526261

>> No.11526320

>>11526259
What is Microsoft Coco. Anyways, I’m sure they figured it out. Even a 1 hour transaction is faster than what it is currently. It will only get better.

>> No.11526370

>>11523748
>not truly understanding why that is
Nolinkers and NPCs, what’s the difference?

>> No.11526553

It's gonna have as many uses as Request Network and Funfair.

>> No.11526645
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11526645

>>11523541
>noooo fug