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11645507 No.11645507 [Reply] [Original]

Is Chainlink an API? This fud is going around and I'm not sure how to respond or if it really is as bad as it sounds. This one is actually kind of freaking me out.

>> No.11645549

>>11645507
Read the whitepaper. DYOR. Chainlink FUD has devolved into a series of copypasta to shake out people who aren't smart enough to do their own research. Sell and stay poor.

>> No.11645557

I noticed this as well. It's fucking ogre. Link is dumping as we speak, overhead triangle on the daily and bearish momentum on the MACD.

>> No.11645562

I feel like every link marine goes through a "fight the fud" stage where they feel like they actually have to respond to the fudders. I'm so glad I got mine out of the way months ago.

>> No.11645575

Chainlink is actually an A-pee-I, a unique variation of the erc20 token with the pee&poo function included.

>> No.11645583

>>11645575
so accurate

>> No.11645606

>>11645575
I researched this topic. Looks like we have a strong competitor that wasn't discussed yet.
>For smart contracts to produce the correct output, they need a reliable way to verify input. This is the basis of the oracle problem. The goal of the Realitio project is to provide developers with a flexible tool that can be plugged in today. And that works with any approach, from trusted arbitrators and distributed juries to fully trustless coordination games.
Source: https://realit.io + https://www.realitykeys.com

>> No.11645626

can someone please ask if chainlink is an API in the slack, i got banned for calling rory a nigger

>> No.11645637

>>11645562
This. Let the fudders fud, it doesnt affect me at all. Iron hands to the end. never selling, even if Sergey happens to die i still wont sell.

>> No.11645647

>>11645626
how rude of them!

>> No.11645671

>>11645507
>Is Chainlink an API?
That's like asking "are cars a road?".

>> No.11645707

>>11645671
dude...chainlink is API provider...

>> No.11645714

>>11645637
Sergey dying is unironically the only thing that can stop this project

>> No.11645739

>>11645714
>sergey dies
>nuclear holocaust
>enormous solar flare
>Emp bomb

>> No.11645745
File: 25 KB, 323x150, Screenshot_20181105-163111_Telegram.jpg [View same] [iqdb] [saucenao] [google]
11645745

>>11645626
I'm not in the slack, but in the telegram. Pic related is his answer.

>> No.11645751

>>11645707
That's like saying Ford is a road provider.

>> No.11645786

>>11645562
that's called rite of passage, I deeply think that any link owner should be able to pass that rite, if they can't they don't deserve link.
Most of us holder went through this FUD phase, and some of us early investors went through harsher FUD especially in the early days
>>11645507
OP i'm the guy from the other thread, that was FUDDING, Let me giuve you an advice.
this chainlink token, is the most precious thing you ever hold in your life.

this token will be worth thousands of dollars, mark my words.
at this point even 1000$ is FUD, knowing how much costs a node hosted on AWS costs, how much link should be taken as collaterals for smart contracts...
i'm not even sure, the supply is enough to hold all that money. I think that's why sergey made CL a 16 digit token.

>> No.11645808

>>11645557
>I noticed this as well. It's fucking ogre. Link is dumping as we speak, overhead triangle on the daily and bearish momentum on the MACD.
LOL

>> No.11645819

>>11645637
i actually worry when the fud dries up. to me fud is a bullish indicator.

>> No.11645830

I don't even know or care what an api is. I'm just here to get rich.

>> No.11645847

Chainlink is an API arbiter

Randomly picking a 'certified' node to do an API call.
There is no technological way for the contract to prove the API call was made, or the response is legitimate, unless the API your calling changes to cryptographically sign its response, at which point your left with a chicken and egg scenario, where every API provider has to change their shit to support chainlink.

What will more likely happen is coins with smart contracts will add their own API support without the need for chain-link.

>> No.11645867

>>11645847
>without the need for chain-link.
ohnononono linkies btfo

>> No.11645893

>>11645847
>What will more likely happen is coins with smart contracts will add their own API support without the need for chain-link.
you dont understand oracles do you?

>> No.11645895

>>11645507
Yes

>> No.11645994

>>11645893
he's talking about how blockchains of the future will have oracle functionality natively and support api calls that are then written to the blockchain without the need for an oracle layer like chainlink. This is kind of like Aeternity. (this explanation is simplified I know)

>> No.11646112

>>11645557
Or BTC and ETH just went up a little bit, so bots pulled down LINK. You know, like all the other alts faggot.

>> No.11646232

>>11645626
Yeah what are you 4 years old? Low iq monkeys like yourself need to be banned

>> No.11646240

>>11645994
The problem with this is that each of those independent blockchain oracles is that they only work on those chains. Chainlink is blockchain agnostic so it will work on all chains....Corda, Iota, Ethereum, Hyperledger, NEO, any chain that supports smart contracts can use CL. Interoperability is the killer app for blockchain.

>> No.11646718
File: 7 KB, 249x187, LinkyTA.png [View same] [iqdb] [saucenao] [google]
11646718

>>11645507
No worries anon, hang in there.

>> No.11646772

>>11645786
Lol your delusion is beautiful