On Chainlink's use cases

[Anonymous No.15825132]

>"I contend that there is an emergent property within Chainlink's architecture that we will come to see over time. This property is equivalent to the idea of data becoming a store of value. I also contend that the shift of data becoming considered valuable in its own right is one of the defining economic solutions of the next millennia. Not only does this put at ease my worries about the failures of this project, but it reaffirms my beliefs that we are experiencing something revolutionary."

[Anonymous No.15825146]

Hey, faggot OP. Either include the source of your dumb fucking quote or proceed to put a bullet through your fucking brain, useless scumbag.

[Anonymous No.15825150]

>>15825146
Based and agreed

[Anonymous No.15825151]

>failures of this project
What the fuck is this faggot talking about?

Sage this low IQ shit

[Anonymous No.15825158]

>>15825151
you retards!

[Anonymous No.15825177]

>>15825158
explain to me, a brainlet, what data becoming a store of value means. Like the fact that price data in its own right becomes a store of value? If so then I am very excited. If not; enlighten me.

[Anonymous No.15825185]

>>15825177
A store of value is something you can place your wealth in and trust that it will still be valuable when you come back to it.

[Anonymous No.15825189]

>>15825185
So how does data DO that?

[Anonymous No.15825194]

>>15825189
Simply put, the more data you are worth, the higher your net worth.

[Anonymous No.15825203]

>>15825194
what role does link play in this? From what I understand, I get paid dividend off my store of value when I run a node.
If data becomes THE store of value (very possible in near-future), then even linkets with 300 link stacks will make it.

[Anonymous No.15825210]

>>15825203
LINK isn't what matters. The actual system it creates, the digitization of real-world data into an immutable ledger, that's where it matters. That's the technology that matters.

[Anonymous No.15825230]

>>15825210
hm. close. 4/10 grasp. think deeper anon

[Anonymous No.15825246]

This is a quote by Vitalik on a recent podcast. I appreciate what you’re doing OP but share the source or you look like a cultist shill.

[Anonymous No.15825253]

>>15825246
Thank you, anon. At least someone here keeps to-date with news.

[Anonymous No.15825273]

>>15825246
those fart sniffing tones were unmistakable, definitely vitalik

[Anonymous No.15825285]

>>15825246
>>15825253
link to podcast?

[Anonymous No.15825288]

sounds like he's warming up to it, very different tone from the invest asia panel

[Anonymous No.15825295]

>>15825285
sike

[Anonymous No.15825298]

>>15825295
haha fuck you!

[Anonymous No.15825303]

>>15825253
I dont believe for a second Vitalik would ever give so much credence in the work chainlink is doing, but nice try. 3/10

[Anonymous No.15825309]

>>15825303
I got one anon at least

[Anonymous No.15825322]

Phase 2 of Eth 2.0 is 2 years away, and mixicles are ready now. Fuck you Vitalik there are only so many scaling solutions Chainlink can invent while they wait for your platform to scale.

[Anonymous No.15825333]

>>15825309
my mom says my gullibility is endearing

[Anonymous No.15825334]

>>15825132

This is why BSV is unironically the trade of the century

None of you will get it until its too late though

[Anonymous No.15825343]

>>15825334
why would i use something that imprint my comments permanently so cia can track me down later?

[Anonymous No.15825344]

>>15825132
Too bad the sort of data chainlink provides has a shelf life of about 5 minutes. Who cares what the value of Tesla stock was yesterday? Who care whether the delivery truck was on time yesterday? Only thing anyone cares about is if an event triggered correctly at the correct time. That don’t sound like a SoV to me, that sounds like a consumable and it’s real hard to store value when you immediately consume its value

[Anonymous No.15825358]

>>15825334
>Imagine needing money to use a system designed for easy access

[Anonymous No.15825360]

>>15825344
The value is in the guaranteed truth of future (presently unknown) data

[Anonymous No.15825376]

>>15825344
It's an emergent property, as stated. As the network grows larger, we will begin to see diversification of dApps.

[Anonymous No.15825428]

>>15825132
OP do you have any thoughts or original content to share?
Or are you just repeating what someone smarter than you said? Why?
At least provide some opinion or editorial commentary on the topic. This whole thread, ten replies, and you've yet to actually add any meaningful insight.

[Anonymous No.15825431]

Well my dopamine has hit an all time high.
I did something right finally.
It has been a long time since I have felt this way; with only my 6th birthday coming close.
Thank you to all the marines that shilled, fudded, and remained silent during my awakening.

[Anonymous No.15825435]

>>15825428
Everything I've said here so far has been my own opinions and predictions, just stated as quotes. Adds a bit of ambiguity so that people interpret it for themselves.

[Anonymous No.15825445]

>>15825132
I'm just so tired.

[Anonymous No.15825512]

>>15825435
Take mixicles for instance. The great use of mixicles is that nobody needs to know the data involved except the participants in the agreement. They want to keep that data private but also the data isn’t necessarily worth anything to the network at large. The data is valuable insofar as it can trigger an action. Beyond the scope of “did the thing do the thing or did it not do the thing?” No one, including the participants, gives a single shit

[Anonymous No.15825523]

>>15825132
>Not only does this put at ease my worries about the failures of this project,
What failures is he referring to? I can’t tell if what he’s saying is bearish on chainlink or not. It almost seems like he’s saying that even if chainlink fails, the concept behind it will live on.

Or am I just high?

[Anonymous No.15825587]

Chainlink has no coherent use cases. Just look at the rambling blogs they post: on chain and off chain data. No one in their right minds would want to give meth heads their data because Vitalik is shifty af

[Anonymous No.15825605]

>>15825523
Exactly

[Anonymous No.15825744]

Let me rephrase my original post to make it more reader-friendly, now that I'm substantially less high.

Chainlink's main use case is that it can take off-chain data and digitize it to immutable, verifiable on-chain data. This is huge, and if you don't get why you're actually kinda retarded, but I'll explain anyway. If you can digitize real-world events and values in the most general form, you can digitize quite literally anything.

On an at-first unrelated note, Craig Wright likes to meme about Bitcoin being (((Turing complete))). While that's a bunch of malarkey, I think there's something to that as well. Imagine a coding language that is Turing complete (Java, C++, Python, etc.) being able to run on the blockchain. That is the ultimate end goal of decentralized computing, as I see it.

Now, to reel those things back in, let's talk about APIs. Chainlink acts like a sort of API network infrastructure, with a conglomerate of external local APIs (Google ad revenue statistics, YouTube channel metadata, Warosu archives, etc.) feeding into it. Chainlink is the internet of data, and data is what fuels modern business.

That is why Chainlink is so revolutionary.

[Anonymous No.15825754]

>>15825744
I should also add fuel to the flames that this post will most likely create by saying that "muh centralized oracles" is a meme. You are fully able to run your own node with code found on Github. Link attached very relevant.
https://github.com/smartcontractkit/chainlink

[Anonymous No.15825788]

>>15825246
Vitalik’s a bitter prick unfit to lick Sergey’s rump

[Anonymous No.15825802]

>>15825435
You are such a faggot, holy fucking shit.

[Anonymous No.15825810]

>>15825802
the things weed does to ya

[Anonymous No.15826250]

>>15825194
these are some quality shills Pajeet

[Anonymous No.15826976]

>>15825744
Umm, Ethereums Solidity is Turing complete already?

[Anonymous No.15827001]

>>15825203
YOU’RE SO FUCKING DUMB!!!!!!!!!!!!!!! You are on the left side of the link-holder bimodal distribution!!! Go do some fucking reading. You’re asking to be spoonfeed absolute basics. Even if you make it, you won’t.

[Anonymous No.15827016]

>>15825132
>use cases
>link

Pick one

[Anonymous No.15827030]

>>15826976
Didn't even know that. That just solidifies Chainlink as being almost completely self-sufficient in the system it would create, as it runs on Ethereum. Ethereum is the backbone for the framework of data. Vitalik really thought ahead on that one in this case.