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12017722 No.12017722 [Reply] [Original]

we all know smartcontracts will automate so much of banking, making it possible for smaller and smaller entities to compete with the biggest institutions on earth. chainlink, as depicted in pic related, is a way for the banks to stay relevant as this transition happens. they will start to sell their data and backend processes to decentralized contracts. remember, it is mandatory by law that the banks open up their systems via api's.

>> No.12017746
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12017746

Hello fren
Kenny is here if you have questions
Don't be racist though

>> No.12017751

https://www.youtube.com/watch?v=52X7fJr4EcI

Rhombus network oracles can access over five trillion real-world data points. They are not decentralized oracles, but the quality of the data they provide in quantity and quality is much more better than the data provided by Chainlink oracles.

Chainlink network could not handle as much requests, 5 trillion data points would mean over $46000 worth of Ethereum gas and it would overload the system. Only solution would be scaling up the token quantity to over 100 billion to perform those requests.

Not only that the network itself cannot handle it, the Intel SGX Town Crier encryption would take weeks, if not months, to encrypt all the data from 5 trillion data points.

It is unironically over for Chainlink.

>> No.12017762

>>12017722
Desperate LINK shills

The shilling is increasing as the bags are getting heavier

>> No.12017765

>>12017722
Checked. No linkies = unhappy future.

>> No.12017822
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12017822

>>12017751
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.12018332

>>12017751
Stop spamming.

>> No.12018866
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12018866

>>12017751
>b-but muh linkies are blockchain agnositc!