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/biz/ - Business & Finance

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12534251 No.12534251 [Reply] [Original]

>ethereum is computers in the 90's without internet. Chainlink is the internet to ethereum. I will never sell
holy shit anons
it's all so clear now
we are going to fucking make it

>> No.12534296

>>12534251
What a shitty analogy. Chainlink is just a method to supply oracles, which not all smart contracts need. Also decentralized oracles is kind of a meme, I don't think in theory they will ever truly work. You need a trusted 3rd party to be the oracle of a multi million dollar smart contract. Decentralized oracles are going to open up entirely new attack vectors for people to scam others out of smart contracts. Can't wait to see it implode.

>> No.12534381
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12534381

> 2 man team
> Jason parser
> Russian hamburgler
> the next nxt exit scam
> only 4x ico during 2017 golden bull
> Rory’s sick wife
> Delphi schitzo discord pnd
> it’s a meme science project
> $link doesn’t need to be used as collateral, and it doesn’t make sense give the volatility
> Steve is a ruby script kiddie
> a bunch of autisitic neets tried to force it as our coin
> the team owns 65% of the supply, can dump at any time
> Adeyln can’t spell
> hard to argue oracles are worth $32MM
> literally no one is talking about it other than /biz/ and fringe cringe twitter shills
> wasn’t designed to be above a dollar, check the whitepaper

>> No.12534570

>>12534251
Chainlink decentralized oracle gives bad data and invalidates a $10 million smart contract. Company can't sue anyone because it's decentralized.

/the future/

>> No.12534584

>>12534570
the company would have chosen a node with 10mm in collateral
so your example is usless

>> No.12534616

>>12534570
>the company would have chosen a node with 10mm in collateral

Or, the company chooses nodeS with a net value $10 million plus to cover all damages.

and guess what? the node operatorS that tried to screw the contract over just lost $10 million dollars worth of LINK.

the key word for you brainlets is collateralized.

>> No.12534648

>>12534251
Op, this is exactly right.

its the 90s and people built websites with no internet. Chainlink is the equivelent of the https protocol. It is the www with a token. Without it all smartcontract platforms are useless.