/biz/ - Business & Finance

[Anonymous No.11947606]

Ok, so, will each chain have its own LINK token or will all usage of Chainlink involve LINK tokens on the main Ethereum network?

Eg. usage of Chainlink on Hyperledger uses some fake LINK tokens

If not, this is horrible for Chainlink as the value will be diluted as fuck

Absolute shit token, go back to 17 cents

[Anonymous No.11947618]

>each chain have its own LINK token
the fuck did you smoke?

[Anonymous No.11947638]

>>11947618
Im asking if all payment of Chainlink nodes will happen with LINK tokens on the Ethereum network, not with copies or alternative tokens on each respective chain that uses Chainlink

[Anonymous No.11947695]

>>11947638


“Our constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.” - John Adams (2nd president of the United States for you dumbfuck millenials)

[Anonymous No.11947710]

>>11947606
>>11947638

Each chain will have it´s own link and connection to node. The nodes stake link for every chain token and pay back with link, if the node fails to provide the data, the link will be confesticated from you

For every link to move, it needs to pay ethereum gas fees because after all, it is ERC20 token

So let us say there is 2000 LINK worth of transaction = 0,1 Ethereiumm per every link function, so it will cost 200 etherium to move those links in the networ

>Eg. usage of Chainlink on Hyperledger uses some fake LINK tokens

This is a big problem for the team, because the project is open source and decentralized, everybody can fake their own nodes and link tokens and print them as much you want

[Anonymous No.11947740]

>>11947710
what if a node gets a dos attack?

[Anonymous No.11947748]

>>11947710
go away

[Anonymous No.11947788]

>>11947710
This is wrong

[Anonymous No.11947809]

>>11947748
“Sensible and responsible women do not want to vote." - Grover Cleveland (22nd president of the United States)

[Anonymous No.11947825]

>>11947606
shut THE fuck up spakker