[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 317 KB, 650x625, restmb_idxmake.php.jpg [View same] [iqdb] [saucenao] [google]
17706818 No.17706818 [Reply] [Original]

Fuck whatever you faggots are talking about, Chainlink just partnered with a part of the intertwined-by-blood Hyundai conglomerate.

>> No.17706852

Based

The nepotic contract sharing within the Hyundai conglomerate is off the charts.
This is a massive in.

>> No.17706918

>>17706818
Hmmm.. guessing first son either got shafted somewhere or was a flaming homosex. No heir representation anywhere.

>> No.17706971

>>17706918
Dude died age 50 something, two daughters no sons.

>> No.17706974

Please let me be rich in 5 years aaaaaaaaa

>> No.17707194

Hamburger of nothing

>> No.17707210

>>17707194
Buddy over here the type of guy to wonder why Link starts pumping out of nowhere

>> No.17707297

>>17706818
So someone in the team bought a new car?

>> No.17707335
File: 467 KB, 650x625, 1583939709134.png [View same] [iqdb] [saucenao] [google]
17707335

>>17707297
No, this guy partnered with Chainlink.

>> No.17707406

>>17707335
Lol, who gives a fuck. I hold equities larger than this dude's stake. 1.1B won is less than $1M USD.

>> No.17707463

All of these announcements are very reminiscent of 2017 and all of those announcements turned out to be fruitless. I'm not confident this will be any different. I still hold over 100k link, but not because I'm optimistic about the future of smart contracts (especially not in the near term)

>> No.17707521
File: 131 KB, 1080x1020, 1580207162233.jpg [View same] [iqdb] [saucenao] [google]
17707521

>>17707406
>>17707463
t.

>> No.17707598

My reasoning is that I think it will be a long time until people transition into the idea of tokenized assets replacing real assets, and many systems of governance that are slow to evolve also need to undergo this evolution and I just don't see it happening soon.

Then, you also need people to innovate ideas to use smart contracts in ways that are useful and helpful. This seems to be the biggest obstacle to overcome. Every conference to which I've been since 2016 speaks in very grandiose terms regarding adoption and people have slowly tried to develop more specific potential use cases but everything is still general (i.e. this would be great for derivatives! This would be awesome for insurance!). But there are no specific use cases for this technology poised to be adopted by enterprises (at least not of which I'm aware).

I'd be really interested if someone had some links to info about large scale use cases of smart contracts that companies are using to evolve current systems.

>> No.17707625

>>17707521
I'm not super worried whether Chainlink makes me a bunch of money or not. I'm honestly interested in the developing tech. I've fortunately been into bitcoin and other cryptocurrencies for a while. Currently back in school trying to get a masters in software development.

>> No.17707629
File: 2.73 MB, 4656x3492, oracle blockchain users slide 1 of 2.jpg [View same] [iqdb] [saucenao] [google]
17707629

>>17707598
Thanks for the headcanon.
Meanwhile, in reality, shit like pic related is in full swing.

>> No.17707648

>>17707625
Well obviously you're worried enough about Chainlink to try and downplay a partnership with a literal Hyundai Group member lmao.
Just buy back in, retardo.

>> No.17707678

>>17707598
you need governments backing up this system before, aka regulations

no serius money will com until then

>> No.17707720
File: 291 KB, 1512x1134, lagarde president of EU Central Bank crypto blockchain shilling.jpg [View same] [iqdb] [saucenao] [google]
17707720

>>17707678
You mean like the US Federal Reserve, EU Central Bank, French Central Bank, etc. etc. etc. ?

https://markets.businessinsider.com/news/stocks/the-federal-reserve-is-looking-into-developing-digital-currency-us-2019-11-1028705211

>> No.17707745

>>17707598
>>17707678
Also, gj fudding all of crypto just to take a swipe at Chainlink.
Really highlights how you're arguing in good faith in a thread about Chainlink's partnership with Hyundai.

>> No.17707869

>>17707629
Sure, I'm interested in the specifics regarding these use cases though. I've seen lots of supply chain examples, am more curious about their actual use case, how much they actually use a distributed ledger and smart contracts, etc. I actually am working on a "blockchain" project myself right now. (I put it in quotes because we use the blockchain so little and we mostly try to avoid using it).

>> No.17707890

>>17707648
It just doesn't mean much to me. I don't mean to downplay it. I've seen announcements like this so many times in the past by various cryptocurrency projects.

>> No.17707921

>>17707890
>I've seen announcements like this so many times in the past by various cryptocurrency projects.
Like...?

>> No.17707946

>>17707335
why couldn’t link partner with chung moon soon? when moon?

>> No.17707949
File: 201 KB, 663x749, 1582131238119.jpg [View same] [iqdb] [saucenao] [google]
17707949

>>17707869
>>17707890
>partnership with Hyundai Group member
>"doesn't mean that much to me"

The cope is palpable.

>> No.17707964

>>17707946
I've been hearing rumors about Thai tycoon Lamh Bho Wen

>> No.17708008

>>17707745
>https://markets.businessinsider.com/news/stocks/the-federal-reserve-is-looking-into-developing-digital-currency-us-2019-11-1028705211

Did you watch the recent congress meeting regarding digital currencies? No one has begun any actual work on something like this. This is why I think any real world utility is long off.

>>17707745
I'm not "fudding," as much as "udding," and it is only directed at Chainlink because I think they are one of the most significant projects in the smart contract space because of their associations with large corporations and other entities. I'm still mostly interested in the use cases that will be implemented and how much they will make use of smart contracts and blockchains. I watched some of the recent conference in Durham and wish I could speak with Wolpert to see his perspective on blockchains because he seems to (have) view(ed) them the same way I currently do. I'm very interested in his vision regarding how they can be more useful. I admittedly don't see it.

>> No.17708034

Chainlink actually being partnered with a zaibatsu would be big news. But you faggots lie about every goddamn thing on this board like you think your circlejerking is going to bring your fantasies to life so I'm not believing it until I fucking see what it's all about.

>> No.17708078

>>17707949
I would be much more interested if they were discussing an innovative use case for which they were using this technology. The article linked to the twitter post says nothing of substance.

If Chainlink goes up massively in value, I benefit because I have a lot of tokens. I'm mostly just interested in the technology regarding all of this at this point because I'm fortunately not concerned about money anymore.

>> No.17708095

>>17708008
>Did you watch the recent congress meeting regarding digital currencies?
Yes

>No one has begun any actual work on something like this.
Wrong.
https://www.coindesk.com/fed-reserve-is-researching-dlt-based-digital-dollar-says-governor

>I'm not "fudding,"
t. literal fudder

>> No.17708106

>>17707745
>>17707720

not fudding, its the reality, who is the entity the enforces a contract today? the government

how else will you enforce say, tokens that represent shares of land, real state, company stocks?

>> No.17708110

>>17708078
>Chainlink partners with Hyundai
>"b-b-b-but it isn't for a NEW usecase!"

Holy shit he's going off the deep end the absolute madman.

>> No.17708127

>>17708106
see >>17707720

>> No.17708159
File: 193 KB, 589x539, hdac hyundai digital access currency.png [View same] [iqdb] [saucenao] [google]
17708159

>>17708034
https://twitter.com/chainlink/status/1237611627647660032

See >>17707335

>> No.17708164

>>17708034
This does hit all my red flags about HDAC being a chink scam that is entirely based on loaned legitimacy from a POC with Hyundai. I looked at their website and read their whitepaper and I'm 99% convinced it's just less successful Vechain tier scam. Their github has had fuck all development in the last year and half. The whitepaper is a joke of a buzzword salad.

Link has plenty going for it. This is just a partnership with an irrelevant chain from Korea that has some nebulous connection to Hyundai, which has publicly confirmed that they're working with IBM and others.

>> No.17708178

>>17708095
>https://www.coindesk.com/fed-reserve-is-researching-dlt-based-digital-dollar-says-governor

Your article says they're researching. I said no one has begun any work on something like this. Researching a field is entirely separate from developing a product. Most research that is done doesn't result in anything being developed.

>> No.17708199

>>17708127
yeah that does not adress my point, what else you got besides delusion?

>> No.17708206
File: 408 KB, 1920x1080, %5BPhoto%5D_StrongBlock_and_Hdac_MOU_Ceremony.jpg [View same] [iqdb] [saucenao] [google]
17708206

>>17708164
The founder of Hdac is literally this guy: >>17707335

>> No.17708227

>>17708164
This is what I think too, but I wouldn't say it because I know it will just get a bunch of responses like this:
>>17707949

Are you familiar with any enterprise projects being developed that use Chainlinked smart contracts that I can look over?

>> No.17708229
File: 45 KB, 544x496, 1565772069064.jpg [View same] [iqdb] [saucenao] [google]
17708229

>>17708178
>r-research isn't work!!!

>> No.17708257

>>17708199
>"you need governments backing up this system"

*post links to US Federal Reserve, EU Central Bank, French Central Bank all developing their own tokenized currency

>"th-this does not address my point"

AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

>> No.17708278

>>17708227
>This is what I think too
But the literal founder of Hdac is this guy: >>17707335

Hdac is literally part of Hyundai BS&C

>> No.17708314

>>17708206
right anon that's how loaned legitimacy works

Is he employed by Hyundai? Is he the chairman's son? You don't fucking know, you're just looking at a promotional infographic that painst them in a positive light.

My spidey sense tells me that if the tech was relevant and stood on it's own merit, they wouldn't include scammy shit like 'Hyundai family' in their promo tweet, they'd just say 'hey we're HDAC, this is why our chain matters'.

The whole thing, like Vechain with their 'partnerships' rests on the legitimacy oh Hyundai backing them. Again, there is plenty of ACTUAL stuff to be excited about with link, not chink bullshit like this.

>> No.17708335

>>17708314
>Is he employed by Hyundai?
Brother, he RUNS part of the Hyundai Group.

>> No.17708381

>>17708335
bro look at their website and read their whitepaper

please go back to plebbit. why does the world need another POW chain whose only distinguishing feature is that there is some poorly detailed connection to Hyundai? He does not run anything. Look at the bio on Hdac site.

>> No.17708398

>>17708381
I accept and drink your tears.

>> No.17708425

>>17708257
what does they making their own shitcoin has to do with they backing up tokens for smartcontracts?

retarded nigger

>> No.17708464
File: 4 KB, 274x184, F1230D99-BED0-45A0-AEAB-F292FE3E780A.jpg [View same] [iqdb] [saucenao] [google]
17708464

>>17708398
>2 million posts by this ID

>> No.17708474
File: 181 KB, 820x838, 1575472222664.jpg [View same] [iqdb] [saucenao] [google]
17708474

>>17708425
>w-what does creating tokenized assets have to do with transitioning to tokenized assets?

>> No.17708509

>>17708398
bro I am not upset. I loaded up on link in 2018 and never fucking sold.

What I' m telling you is that this is a nothingburger. It does not pass the sniff test for me.

How about you tell me, other than the hyundai connection, what stands out to you about HDAC? Why would someone choose this chain over hyperledger or Ethereum, both of whom are confirmed to work with Chainlnk?

This is chink scamming 101. 'Oh look yankee-noma, we have a big ceremony photo op celebrating our MOU!" This is not the shit that legit projects do.

>> No.17708536

The yet another worthless partneship.

>> No.17708551

>>17708509
You tried to claim this was "loaned legitimacy", yet the founder of Hdac is literally this guy: >>17707335

Don't be sad bro.

>> No.17708622

>>17708551
I'll ask you again

How about you tell me, other than the hyundai connection, what stands out to you about HDAC? Why would someone choose this chain over hyperledger or Ethereum, both of whom are confirmed to work with Chainlnk?

>> No.17708636

>>17708622
>other than the hyundai connection
Classic deflection tactics.

>> No.17708642

>instead of releasing a real demo of functionality and problem-solving capability, sirgay just keeps going to conferences, making partnerships, making promises

congrats on going from $0.07 to $1 to $4 but this is getting tiresome.

>> No.17708660

>>17708474

shill out brainlet neet nigger

>> No.17708673

>>17708642
>Hyundai partners with Chainlink
>"why did Sergey do this????"

>> No.17708725

>>17708636
and that's exactly my point. It has no unique or redeeming features other than the founder being somehow related to the family that owns Hyundai. I read the website last night and nothing is mentioning. I looked over the github and there have been no updates to their code in 15 months. I skimmed the whitepaper and it's loaded with scammy buzzword salad BS, including this gem

>>There have been various attempts to compensate for these weaknesses, and a quantum random number method has emerged that cannot be analyzed theoretically. Hdac proposes a method to replace random number generation with quantum random numbers for a private blockchains.

It's a scam bro. Link does not give a fuck about what chains choose to integrate them, but I can tell you that this is empirically a chink scam. It's good that this kids uncle was nice enough to do a POC with him but I'm not a buyer

>> No.17708744

>>17708725
All of this is just you coping with the fact that, instead of "loaned legitimacy", this is an actual Hyundai Group member who partnered with Chainlink.

>> No.17709124

huh OP why do you never mention hyundai when you discuss cars?

>> No.17709167

>>17709124
go to bed Vitalik

>> No.17709174

>>17708744
You are utterly seething. No one is attacking link here. They're infrastructure, who will be used by anyone and everyone. This is good news but not anymore gamechanging than all the other partnerships. You need to realise actual smart contract adoption is still far away. Even link still has a lot of development left to go. A hundred more announcements like this aren't going to mean anything.

>> No.17709189

>>17708008
>wish I could speak with Wolpert to see his perspective on blockchains because he seems to (have) view(ed) them the same way I currently do. I'm very interested in his vision regarding how they can be more useful. I admittedly don't see it.
Holy shit, now this is bait posting. I'm sure the boomer that literally doesn't know how anything technology based works and only speaks in buzzword office-speak is going to hammer it home. That dumbass magic bus thing wasn't intentionally cryptic, he just turned it into that by not understanding his own "product". Ruined the Microsoft announcement because of how out of the loop he is and throwing everyone off with retardation, guy can't even operate a webcam call.

>> No.17709197

>>17706818
>another partnership
>0 users
fucking lmao

>> No.17709209

>>17706818
NO ONE FUCKING CARES YOU FUCKING MONGOLOID FUCKS.

>> No.17709240

>>17706818
How many partnerships iota had? Vechain? And many others. Just fuck OFF with chainlink shit already you destryed biz for long time you motherfuckers. Its just another overyhped shitcon, cant wait till you KYS once it gets sub 1$ which still will be overvalued as fuck you faggots.

>> No.17709351

>>17709240
Lol you had 2 years, close to 3 years now, sad! Many such cases

>> No.17709397

>>17706818
Except that no one cares but you, the bagholder

>> No.17709840

>>17709174
>You are utterly seething.
Yes, the guy I was talking to kept implying this wasn't ACTUALLY Chung Daesun even though it literally is, but I'm the one seething.

Yes, makes perfect sense.

>> No.17709859

>>17709209
>>17709240
>>17709397

You seem upset.

>> No.17709919

>>17707335
Chung Moon sun