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/biz/ - Business & Finance

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11946284 No.11946284 [Reply] [Original]

***CHAINLINK NEWS***

(((They))) are making slide threads so this news gets pushed off the board! Keep this thread bumped so frens see this great news.

***TWO NEW PIECES OF NEWS***
***kaleido and amazon AWS***

39:35 mentions chainlink.
https://youtu.be/Wpdi47V5Kn0
Amazon AWS official YouTube channel.

***Partnership with RTrade***
***Hundreds of teams***
https://twitter.com/chainlink/status/1068009216655405056

>> No.11946294

People unironically believe this site has any bearing in anything

>> No.11946301

>>11946284
>***Partnership with RTrade***
Literally, who?

For amazon AWS, aren't they building their own CENTRALIZED solution for internal use?

>> No.11946308

>>11946294
le 2016 I rememeber fellow fren

>> No.11946309

>>11946294
People unironically don't realize that chainlink threads are also coordinated spam

>> No.11946313

does this mean i made it frens

>> No.11946314

>>11946301
they are using private blockchains, yes.

>> No.11946320

>>11946313
no

>> No.11946330

>>11946284
schwuchtel

>> No.11946331

>>11946294
Of course this has "bearing".

AWS/Kaleido is a big deal for obvious reasons, and lots of small users like RTrade are what made ETH explode.
And unlike ETH, Chainlink makes crypto useful in the real world.

>> No.11946341

>>11946301
>>11946314
Kaleido/AWS use the public ETH blockchain.

>> No.11946369
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11946369

>>11946284
>39:35 mentions chainlink.
>https://youtu.be/Wpdi47V5Kn0
I started at about 39:00
From the vid description:
>Our partners GuildOne and Kaleido highlight the architectural approaches to shared IT and consortium building using Corda and Ethereum protocols.
>Chainlink officially being used for this

>> No.11946377
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11946377

>>11946341
https://docs.kaleido.io/kaleido-services/mainnet-tether/

>> No.11946388

>>11946377
Exactly.
Good on you for owning up.

>> No.11946394

>>11946388
kek. imagine being this retarded.

>> No.11946416
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11946416

they are sliding the true story of LINK
https://www.youtube.com/watch?v=ovWO3iqXFww&feature=youtu.be
refute this

>pro tip: you can't

>> No.11946426

>>11946394
You have no idea how any of this works, do you?

>> No.11946436

>>11946301
Is this cope? This looks like cope

>> No.11946498
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11946498

I just want 1 link to = 1 AK-47 VEPR

>> No.11946523
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11946523

>>11946426
I do. I brought this up. If your idea of using mainnet eth = tethering, then it's okay, it's just not the same thing that the retards here believe.

it's an optional service that lets admins configure to periodically (at they see fit and if they see fit) send root hash of their private network to the eth mainnet. Not gonna do calcs, but how much would that cost a company to do this? 1 eth per year in gas costs? 5? 10?

https://docs.kaleido.io/wp-content/uploads/2018/10/Tethered-Permissioned-Private-Chains.pdf

>> No.11946573

>>11946523
>how much would that cost a company to do this? 1 eth per year in gas costs? 5? 10?
lmao, you mean like one company?
How is that relevant?

>> No.11946594

>>11946573
okay, you are obviously retarded.

>> No.11946615

>>11946594
Answer the question big boi.

>> No.11946638

>>11946523
>If your idea of using mainnet eth = tethering, then it's okay, it's just not the same thing that the retards here believe.
Wait, you think /biz/ believes ETH is somehow instrumental to Chainlink's oracle function?
Even though "blockchain agnostic" has been a meme unto itself for almost a year now?

Every single utterance you post makes me do double takes because of how fundamentally stupid they are.

>> No.11946662

>>11946301
How does the AWS centralized private blockchain access api data securely?

>> No.11946681

>>11946341
they use private eth and link blockchain (you pay with private link tokens)
>>11946369
Corda use their own oracles

>> No.11946685

>>11946594
>>11946523
PLEASE answer the question.
Let me help you, since it's a two-part question and I want to you really get it.

1) why are you only counting one company's ETH consumption?
2) why is this relevant?

>> No.11946691

>>11946681
>they use private eth
Kaleido connects to the public eth blockchain.
Using "private" eth would not work.

>link blockchain
lel

>> No.11946699

>>11946681
>Corda use their own oracles
Oracles existed long before Chainlink, tons of parties have built their own in the past.
Your statement is meaningless.

>> No.11946702

Doesn't matter if x cuck blockchain private or not because they still need chainlink to furnish the blockchain in question with external data to fulfill smart contracts
> Fud cucks cannot refute this

>> No.11946716

>>11946681
Durrrrrrrrrrp

>> No.11946733

Bump

>> No.11946749

This is very lovely

>> No.11946755

>>11946301
Video literally name drops chainlink you bunch of retard fudders

>> No.11946766

>>11946681
>private link tokens
>shadowfork
Ok, 9/10 bait up until that point. You almost had me.

>> No.11946780

>>11946662
I could tell you, but you already know

>> No.11946791
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11946791

Is Chainlink also partnered with OmiseGO now? Wtf?
https://www.coincryptoz.com/8368/hydrogen-bomb-blow-whole-blockchain-industry/

>> No.11946799

Reminder.

How Chainlink solves the Oracle risks that are presented in LabCFTC primer on Smart Contracts.

https://www.cftc.gov/sites/default/files/2018-11/LabCFTC_PrimerSmartContracts112718.pdf

Let's think about this step by step.

>Oracle failure, disruption, or other issues with the external sources
Use multiple nodes with multiple data source

>An attacker may compromise the oracle
Again, decentralization solves this

>Oracles may accept or distribute unexpected information
Again decentralized oracles solve this

>Oracles may be subject to manipulation or themselves fraudulent, resulting in unexpected, fraudulent outcomes
This is where the penalty/reward system comes in

>> No.11946808
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11946808

Just hit 20k accumulating since January

>> No.11946810

Binance controls 1/3 of the circulating LINK supply. Not good.

>> No.11947000

>>11946810
So transfer your link to your own wallet

>> No.11947015

>>11946808
Congrats marine. You’re now around position 1800. There are only 1800 people in the world with more link than you!

I’m approximately position 2130 or so with 16k. Should be able to buy more LINK after Christmas.

>> No.11947025

>>11946808
What is your target sell nigger?

>> No.11947029

>>11947015
It's even less people than that, because some people have multiple wallets. thanks btw we're gonna make it

>> No.11947053

>>11946284
Agree, this news is HUGE, bump. We are gonna make it Marines.

>> No.11947065

>>11947025
I believe Chainlink will provide more value than any decentralized technology before it. With that in mind:

5000 at $100

5000 at $350

5000 at $850

5000 at $1250

saving the rest. Don't believe anyone saying ChainLink won't be worth that much. It's a simple fact given the value that the network will provide. The smart contracts boom will be bigger than anything we've ever seen.

>> No.11947076

>>11947029
Yes, that’s true, but also we don’t know how many people leave their LINK on Binance. So the Ethplorer wallet position is not accurate, but there is no way to tell how inaccurate it is. So we just have to take it for what it is since it’s the only thing we have.

>> No.11947094
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11947094

>>11947065
I agree with your sentiment but I think $50-$300 is a more realistic target. Simply because $50 would be if Chainlink had mcap of XRP right now; $300 would be mcap of ETH at $1000, which is bigger than bitcoin is right now. But I suppose we should monitor hype levels also on top of adoption, pic related.

>> No.11947136

>>11947065
I don't like it. I'd sell 2,500 at each of those points.

>> No.11947151

I would actually sell everything at 100$ because HOT is going to BTFO Amazon web services pretty soon

>> No.11947167

>>11947094
Chainlink has much more value than Eth at did at $1000. It's good to temper expectations, but people underestimated ethereum as well. Being a more useful technology in a better defined space leads me to personally expect the prices I mentioned.

>> No.11947169
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11947169

Can we please have a discussion about what R Trade technologies are actually using Chainlink for?

They aren’t looking to create smart contracts.

They aren’t looking to provide access to their own data feeds.

They say they want to use Chainlink for off-chain datastorage. This is something that is not often discussed here so I don’t know too much about it. How important is this? What does it mean?

>RTrade has developed a product called Temporal to deliver high quality data storage solutions to a wide variety of audiences.
>Chainlink bridges smart contracts to high-quality off-chain data storage solution such as data feeds, APIs, and payment systems. By working with Chainlink, RTrade will expedite development and create another meaningful use case for Temporal’s platform.

Is this too vague to be meaningful or am I just not understanding?

>> No.11947176

>>11947136
I'll reconsider. I was spitballin

>> No.11947208
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11947208

>This is actually bearish for chainlink.

>> No.11948027

Look at the charts. We are heading up to test 10k again.

>> No.11948070

>>11947169
Offchain storage via IPFS
Think YouTube on the blockchain, where do you store the videos (not on chain)

Pointers to ipfs via chainlinks

>> No.11948072

>>11947169

Yeah I also would like to know about this storage shit. How does this relate to an oracle service?

Unless it’s connected to Amazon through LINK or something

>> No.11948076

>>11948070

What is IPFS

>> No.11948088

>>11948076
https://en.m.wikipedia.org/wiki/InterPlanetary_File_System

>> No.11948117

>>11948088
Checked and Winning. Literally 100s of Dev teams.

>> No.11948664

>>11946498
Based

>> No.11948691

When link eventually does something no one will believe you guys.

>> No.11948732
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11948732

>>11948691
Kek ikr? All of these ups and downs, heartbreaks, betrayals and hope, all of this has happened without mainnet or any real product. Will be very interesting to see what happens when mainnet comes, I think biz will become even more flooded with link posts, probably 75% plus dedicated to link threads

>> No.11948811
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11948811

>>11946436

>> No.11948871

>>11948732
>75% plus dedicated to link threads

so basically how it is now?

>> No.11948915

>>11948072
>How does this relate to an oracle service?
Possibly by proving that they have a file in storage using a hash of the file + verifiable timestamp (e.g. NYTimes headline of that day, or something).

>> No.11948926

>>11948915
>NYTimes headline of that day, or something
sorry I'm retarded, header of the most recent block obviously

>> No.11948955

>>11946309
deep