[ 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: 320 KB, 1929x803, 20200622_122111.jpg [View same] [iqdb] [saucenao] [google]
19864163 No.19864163[DELETED]  [Reply] [Original]

Want to know the BEST part about cl?
To this day nobody gets it all except the team and maybe 10 people on this board

If you listened to the framework guys interview they dont u derstand that cl has cornered not only the data inputs part of the stack but the ENTIRE smart contract stack. And they own millions in chainlink

Sergey wasnt kidddi g when he said he was building a protocol like http

He cornered the data and api inputs because he knew that would allow him to direct smart contract executions to the execution layer of his chouce...what do you think he's going to set as the default? Eth which cant scale? Celer or harmony over which he has no control? Or arbitrum which has the same world class node operators running the code by default on all chainlink nodes?

And since youve got the inputs and executions cornered, why not go for the most important outputs possible like legally required bank payments and compliance triggers? Now do you see why swift was the origial partner?

The entire stack that gets paid every time a smart contract is used is
Inputs
Executions
Outputs

Chainlink owns literally EVERY layer of the 4ir

And the vcs havent figured it out, the btc whales havent and the so called crypto thought leaders have no idea.

The team knows, swift/offchain labs know and a few people on this board know

Imagine what happens when the idiots like picrelated finally get it
Executions

>> No.19864200

>Executions

You mean like deaths? people getting killed by smart contract murder contracts?

>> No.19864216

>>19864163
Statera holds a shitload of chainlink in the pool, comfy.

>> No.19864255

>>19864163
>To this day nobody gets it all except the team and maybe 10 people on this board
Good thread anon, there are more people on this board that get it than this though

>> No.19864268

>>19864200
Typo, last word shouldnt be there

>> No.19864293

>>19864255
I fucking hate normies, I explain this shit to my sisters and she doesn't get it. In the end she gave me money to invest for her. oh well least the family has more LINK.

>> No.19864305

>>19864268
Nah, I like it.

>> No.19864317

>>19864255
I read the threads here and doubt that
Ita no joke that a lot of the og linkers thought the memes were funny and bought
Most here arent as smart as they think they are

>> No.19864322

>>19864293
I've explained to quite a few people, most dont get it but invest because of funny memes or they just know I have powerful autism for this type of thing

>> No.19864333

>>19864255
Id say at least a few hundred biz addicts get it.

Also Checked .

>> No.19864353

>>19864163
The idea that LINK will relegate ETH to a settlement layer is just a fantasy. Arbitrum isn't the only game in town and Linkies live in a bubble. The framework guys, cunts tho they are, are actually pretty smart.

Link is built on ETH. All LINK feeds to date are for Eth based projects. I see no indication that being 'blockchain agnostic' will have any relevance in the future. In fact, I don't think enterprise adoption is what's coming in the future. I think it will be enterprise replacement with user owned protocols-- which is what Web 3 is all about.

>> No.19864362

>>19864317
There are a decent amount of meme/energy buyers but I've had good conversations who get it over the years here, I think late 2018/early 2019 people really started to do their research and come up with use cases/breadcrumbs

>> No.19864394

>>19864333
Powerful trips, we're all going to make it kings

>> No.19864415

>>19864353
Think a little harder retard
Cl is a bespoke solution for enterprise
From the very beginning serg has said they are buikding enterprise smart contracts which implies enterprise volumes
If yiu watch eds interviews he explictly states the volumes of executions theyre targeti g because of customer demand
Its not being built in the hopes it will be used, its being biilt at the request of the peoplee who will use it to make billions of dollars

You think theyre going to do all of that and trust the execution layer to amateurs or to the white house deputy cto led project they paid millions for?

>> No.19864448

>>19864415
wait what white house deputy cto led project?

>> No.19864489

>>19864448
not arbitrum, the other one.

>> No.19864494

>>19864415
nah this time they've gone all in on the eth furries to save costs

>> No.19864513

>>19864317
I get it, and I just shitpost. The breadcrumb days are done, which is bittersweet. Now it’s only waiting and maybe spoonfeeding newfriends like OP here.

>> No.19864539

>>19864415
You miss the big picture
Linkies are very excited for Swift, but what's the point of a bank account in a world where Eth wallets and good stablecoins exist? We've been there for a while now already?

We are moving to a decentralized world. My opinion is that blockchain will kill the concept of a company. Link will play a very important role in this, but Sergey doesn't strike me as the type of guy who's going to help Microsoft... he's going to help subvert them.

>> No.19864553

>>19864448
Ed felten sold arbitrum to chainlink for a huge sum
Arbitrum will run native on every chainlink node
All of its value is captured in cl
In otger words there is no arbitrum token- the token is link
Ed felten is a full prof at princeton and used to be the white house deputy cto

See what i mean by even most people here dont get it?

>> No.19864561

>>19864353
Are you retarded? I'm not even going to spoonfeed you. Go do 5min of research. Or maybe check the latest tweet on the official Chainlink twitter moron

>> No.19864570

>>19864163
dr;ns

>> No.19864582

>>19864539
i dont think sergay would want to subvert and destroy, he just wants true equality for all capitalists where there is no company socialism where they get to bend the rules.

>> No.19864608

>>19864553
fucking hell, thanks for spoonfeeding me.

>> No.19864649

>>19864561
Typical braindead nonargument that I've come to expect from this board. I don't give a shit if irrelevant VC scams like Tezos are 'using' link for their nonexistant dapps with no users.

>> No.19864785

>>19864163
we've been excited about arbitrum since it was announced and before as a breadcrumb, more than 10 people on this board are aware that ETH is just a settlement layer

>> No.19864804

>>19864553
>Ed felten sold arbitrum to chainlink for a huge sum
Source? This is news to me.

>> No.19864829

>>19864163
HOLY SHIT ITS REAL

>> No.19864869

>>19864163
>the btc whales
complete nufag

>> No.19864886

>>19864804
it's speculation, Ed and Ari have been colleagues for years though and they may have cut a deal in LINK or LINK/fiat, which i think is more likely

>> No.19864935
File: 270 KB, 1868x836, 1515267063177.png [View same] [iqdb] [saucenao] [google]
19864935

>>19864362
There is a whole load of us from 2017 who get it too, but only lurk here for the occasional gems of information.

Looking back it is crazy how quickly people 'got it' on here. The first few chainlink threads can be found around August 17. By December this place was a LINK board already.

I bought my first LINK in January 18 along with a load of other crypto shit (NEO, FUN) but then one day in March it just clicked that Chainlink was the only token actually working hard. The Pivotal trackers and Github were essential for seeing this. Especially through the 'radio silence' period.

>> No.19865008

>>19864553
Okay, I've been reading similar posts to this since 2017, but when its happening ?

>> No.19865052

>>19864886
I don't doubt a Town Crier like acquisition of Arbitrum by CL but he seemed to be speaking factually, not speculatively.

>> No.19865089

>>19864163
>To this day nobody gets it all except the team and maybe 10 people on this board
kek i know. All these shitcoins are just using the network for the chance they can get some kinda following. Kinda like how aave did

>> No.19865092

>>19865052
both of those purchases are literally speculation

>> No.19865105

>>19864539
Its good because 99% of the world uses traditional banks and banking accounts. This way Linkies get a piece of the profit from current banking system - and future smart banking.

>> No.19865118

>>19865052
>>19865092
i take that back TC was "acquired" as stated in the press releases but we still know zero details of the acquisition

>> No.19865144

>>19864163
Take your meds

>> No.19865148

>>19864553
Cool. I did not know this. I was already all in. Link is 100% of my portfolio.

>> No.19865165

>>19864353
Incorrect
The token lives on ETH
The node code is completely different.

>> No.19865176

I come back to this board after years and the argument is about the same.

ask for clarification
> get vague response telling you if you did DD you'd magically get it.

love biz. happy i go to a target school and I wont have to rely on shitty schemes.

>> No.19865178

>>19865052
all the press releases for Arbitrum use the word "integration", but as there is no Arbitrum token and Arbitrum needs slashable stake for it's protocol, LINK will be the choice, unless they do an ICO this late in the game which seems unlikely considering the closeness of Ed and Ari

>> No.19865356

>>19864362
>really started to do their research
no. fucking retards basically made a road map with all of the collages that were made. Then twitter shitheads took those and went to twitter

>> No.19865412

>>19864539
Again, youre a fucking idiot
THE main customers for scs are enterprises
Those enterprises must operate within the laws of their home coubtries which nearly universally mandate the use of existing banking infrastructure and fiat currencies

>> No.19865426

>>19865412
hes a nufag stop feeding him

>> No.19865609
File: 2.35 MB, 1431x1685, bitcoin NSA.png [View same] [iqdb] [saucenao] [google]
19865609

>>19864163
>Want to know the BEST part about cl?
>To this day nobody gets it all except the team and maybe 10 people on this board
and that's a good thing

http://smartcontract.com was the only crypto-associated domain which's IP address used to belong with to an NSA #FOXACID server along with http://bitcoin.org.. The $BTC protocol was defined in the 90s by the NSA. Like $BTC, $LINK was probably planned long ago.

https://www.ccn.com/nsa-bitcoin-1996/

https://en.wikipedia.org/wiki/Proof_of_work
^(ctrl + f "ari juels)

>> No.19865627

>>19865609
right on schedule you fucking faggot. How much are you getting paid per post?

>> No.19865654

>>19865426
No
https://github.com/smartcontractkit/arbitrum-quickstart/blob/master/README.md

>> No.19865662

>>19865176
Lmao. Trad finance is a cesspool of inefficiency. You’d know if you’ve actually worked on the street.

T. Trad school grad, BB analyst, Boutique. 100% LINK since 17

>> No.19865677

>>19865609
>>19865627
Seriously stay in your containment thread
We dont come to your schizo crap and shit it up
Stay out of the good threads idiot

>> No.19865727
File: 291 KB, 500x474, B4213A1A-A0F5-4895-9178-3D4DF7A512A2-7637-0000045E35772F73.png [View same] [iqdb] [saucenao] [google]
19865727

>>19865677
>We dont come to your schizo crap and shit it up

>> No.19865733

>>19864317
Most people buy some because of the memes and then do research after buying. Once they get it they go all in. Although I'm keeping 1 BTC because I think short term it will have a better ROI over the next 6 months following which I'll be selling it to go all in LINK. (still have my LINK stack on the side)

>> No.19865740
File: 375 KB, 1920x816, small beginnings.jpg [View same] [iqdb] [saucenao] [google]
19865740

>>19865609
>$LINK was probably planned long ago.
its early development (the whitepaper written by Juels) was also financed by the central banking cartel.
explains all of sergeys insane connections to every industry.

>> No.19865784
File: 428 KB, 536x552, 1592798281836.jpg [View same] [iqdb] [saucenao] [google]
19865784

>>19865740
>explains all of sergeys insane connections to every industry.
mfw the great reset is upon us
>>/biz/thread/19812018

>> No.19865806

>>19864163
> arbitrum which has the same world class node operators running the code by default on all chainlink nodes?

What do you mean I don't understand this sentence

>> No.19865826

How long do I actually have to accumulate? Weeks? Months?

>> No.19865970

Why does Sergey attend these interviews? If CL was as big as we hope it is, there wouldn't be a reason to speak to tools like that moron.

>> No.19866010

>>19865806
All cureent node operators are kycd groups that are handpicked by the team because they have systems admin experience and can show very high uptimes in other projects eg being pos nodes on those networks

Imagine youre a company that needs 10mm sc executions per day ranging from dollars to millions in value- what kind of guarantees are you going tk need form the network you trust to do this
You want the network to be insanely robust with excess throughput even if you decide to 100x your vokume
You want public names and faces associated with the nodes so that just in case one is magically in a position to screw you they wont
And you want the network that everyone else is using because this is emrting tech and if you dont "hire ibm" you might get fired

Cl was built by people who know why the above is important
The whole sc game is winner take all and cl has already won
The rest of the world doesnt even know how to keep score yet

>> No.19866017
File: 1.02 MB, 600x314, ezgif-4-f89ddf2266b0.gif [View same] [iqdb] [saucenao] [google]
19866017

>>19865826
>How long do I actually have to accumulate? Weeks? Months?
https://gemini.com/learn/what-is-chainlink-and-how-does-it-work
they're dumbing it down for normies now, so not much longer

>> No.19866021
File: 616 KB, 1200x1200, AIrprotein1.jpg [View same] [iqdb] [saucenao] [google]
19866021

>>19865784
what do you think? will they stage another big event like corona? or was that already it?

>>19865826
nobody knows for sure, sergey is unpredictable and could release staking or any other big news any day now. there is still hundreds of breadcrumbs to many major companies and institutions and they too are not predictable and could drop big news any moment that could price you out.
so maybe you have weeks, maybe months maybe just days or maybe just minutes because its happening tonight.
If you already have at least 10k LINK you should continue to dollar cost average. no need to rush it or fomo unless you dont own any link at all or less than 1k which is the suicide insurance stack.

>> No.19866053

>>19866017
but 42, most normies still only think about the settlement layer :( and then you have fucking midwits that interviewed sergey today that will never fucking get it.

>> No.19866055

>>19865826
Nobody knows because the cl team is strong with opsec
>>19865970
Read sergeys quora account
Great people understand the moral obligation they have to shape the world
If they dont then the world is shaped by the loudest and meanest rather than the smartest a d hardest working

He has been completely transparent with what hes doing and how hes doing it. If you just take the time to read and learn hes handing you the keys to the kingdom

Better that way than yet another round of nepotism and corruption

>> No.19866063
File: 1.34 MB, 2101x1149, great-reset.png [View same] [iqdb] [saucenao] [google]
19866063

>>19866021
>what do you think? will they stage another big event like corona? or was that already it?
personally, I'm putting it at 50/50 chance we don't have elections this year and they start phasing out cash by end of 2020

>> No.19866073

>>19866010

so will true neet nodes ever be a thing? how about staking for neets?

>> No.19866079

>>19865970
He seems to want to educate the general community, but he can't really do it through self-built channels because they'd be overrun by memers and autists.

>> No.19866095
File: 1.27 MB, 1200x1800, EbDU-wbWsAUeCnk.jpg [View same] [iqdb] [saucenao] [google]
19866095

>>19866053
good thing retail won't be what is driving chainlink's price
retail, by it's nature, can never be properly relied upon to implement a system like this one
they always follow
BSN Tuesday
rumours of paypal announcing as well
there are rumbles happening, we can see them

>> No.19866159

so you guys wanna fuck with this messari faggot? just saw the video

>> No.19866167

>>19866010
Thanks but I still don't get what facts you are pointing out. Are you saying the arbitrum team will be operating some of the nodes?

>> No.19866169

>>19866073
The neet node fantasy was always an idea without fleshing out
Now it will be an opyion but maybe not a hugely profitable one as think about all the default demanda on a cl node that exist indep of data or api access:
Arbitrum executions
Vrf generation
Cross chain communication

How much traffic a non kycd node just doing the above will get is anyones guess, but the real high value nodes will always be the ones with proprietary datta a d api access

>> No.19866187

>>19866159
Leave him alone
God is excellent at punishing these kinds of shitheads far better than you or i ever could

>> No.19866199
File: 1.56 MB, 320x165, 1591464361905.gif [View same] [iqdb] [saucenao] [google]
19866199

>>19866159
>so you guys wanna fuck with this messari faggot?
naw, there's no need to pile on
he's his own worst enemy, don't need to interrupt him while he's sabotaging himself

>> No.19866213

>>19866167
Current and future node operators of all types on the network will run arbitrum by defalut

Not sure how much more clearly that can be put
Read:
https://medium.com/offchainlabs/scalable-low-cost-computation-of-ethereum-smart-contracts-using-arbitrum-on-the-chainlink-8985c6542d4e

>> No.19866218

>>19864163
Nice senpai

>> No.19866309

>>19864268
I mean, I'm going to use my Link gains to help fund right wing death squads so it's not wrong.

>> No.19866352
File: 50 KB, 450x300, 12A5F0A6-DC4B-4856-9B62-A4595DB9D26A.jpg [View same] [iqdb] [saucenao] [google]
19866352

>>19864163

>> No.19866354
File: 2.46 MB, 480x257, trooper.gif [View same] [iqdb] [saucenao] [google]
19866354

>>19864163
>Imagine what happens when the idiots like picrelated finally get it
>Executions

>> No.19866375

>>19866213
Yeah, node operators will act as validators for the transmission in and out of arbitrum. OK, thought you were saying something else that was new to me (there are rumors of CL buying arbitrum) . Thanks anyway, good take on how CL is little by little getting the whole stack, don't totally agree on the fact that only a few people have realised it though, look at how eth maxis are seething, I think they get it

>> No.19866392

>>19864353
>The idea that LINK will relegate ETH to a settlement layer is just a fantasy.

Do you not understand what the Arbitrum Protocol is?

>> No.19866455
File: 262 KB, 831x1105, EZ7ejKDXQAA4ldh.jfif.jpg [View same] [iqdb] [saucenao] [google]
19866455

>>19866095
>BSN Tuesday
https://www.forbes.com/sites/vipinbharathan/2020/05/22/making-blockchains-disappear/#481586f05ef6
ctrl + f: "chainlink"

>> No.19866482

>>19864163
Which framework interview

>> No.19866508

>>19866352
Fucking fire
Thanks anon
>>19866375
If you read the announcement its literally that quorums of cl nodes can be selected to be the rollup
So you print your sc once to eth or neo or ada or whatever sc layer 1 you wan and every time it gets run you have the option of doing it
For lots of $ and swap fees on layer 1 with no privacy
Or
With whatever public/private split of the data, inputs and outputs you want and all contained within x chainlink nodes (running arbotrum) with layer one only getting touched in the insanely rare instance that the cl nodes disagree- and all for less than pennies on the dollar
Arbitum is one part of chainlink, like reference data sets, vrf, bank payments etc

>> No.19866523

>>19864200
That would be fucking fitting.

>>19864163
What shitty journalism, this interview yoked me to my core. I don't know why Sergey even bothered to so this interview, with some onions who's twitter photo is a southpark rendering like he's 13 again. Who lands an interview with arguably the leading figure in blockchain industry, shits on the entire interview, then grabs his little cuck ukulele and strums out a couple of cords from his latest hit, "Simps and Wimps" during a LIVE INTERVIEW?

Man this kid frustrates the fuck out of me. I hope when the 4IR comes, or whatever sort of fucking cataclysmic event unfolds, this guy gets put in a work camp in Louisiana. Just look at him, he's never worked a day in his fucking life. He never flipped a fucking chicken patty at chicfila, never stood a 12 hour watch, not even changed his own fucking oil in his Subaru cuckmobile. He hasn't contributed to fuck all.

>> No.19866534
File: 31 KB, 622x417, Ea9qK3yWsAESqnd.jpg [View same] [iqdb] [saucenao] [google]
19866534

>>19866482
>Which framework interview
https://podcasts.apple.com/us/podcast/no-btc-no-ethereum-killers-activist-investing-in-crypto/id1350649166?i=1000468665956
they mention 4chan as well

>> No.19866538

>>19866482
https://podcasts.apple.com/us/podcast/no-btc-no-ethereum-killers-activist-investing-in-crypto/id1350649166?i=1000468665956

And remembever these guys are some of the smartest in crypto and have done very well
They still think chainlink is a bloomberg terminal when its the entire stock market

>> No.19866560
File: 57 KB, 743x996, EbIeJNdWoAMlHJ4.jpg [View same] [iqdb] [saucenao] [google]
19866560

>>19866095
>>19866455
>BSN Tuesday
>rumours of paypal announcing as well

>> No.19866564

>>19864163
I think I'm going to sell at 4.50 and rebuy at 4.10 this time

>> No.19866596
File: 41 KB, 527x693, 1592591427954.jpg [View same] [iqdb] [saucenao] [google]
19866596

>>19866538
do you think that a protocol like chainlink might become self aware one day?
https://youtu.be/pKN9trFSACI
>the human organism always worships, first it was the gods, then it was fake, the observation and judgement of others. Next it will be the self aware systems you have built to realize truly omnipresent observation and judgement.

reads exactly like chainlink
is chainlink roko's basilisk?

>> No.19866631
File: 57 KB, 622x610, EaKZIw6XYAA0emj.jfif.jpg [View same] [iqdb] [saucenao] [google]
19866631

>>19866596
>the human organism always worships, first it was the gods, then it was fame*, the observation and judgement of others. Next it will be the self aware systems you have built to realize truly omnipresent observation and judgement.

>> No.19866640

>>19866523
I feel exactly the same way
We should be friends
>>19866564
Swinging always works
Until it doesnt

>> No.19866689

>>19866560
Sauce for paypal pls, not sure how long that adapter has been on the site desu

>> No.19866753

>>19866596
Is it really too much to ask that you dont shit up literally every cl thread
All anyone is asking is for you to have the general common decency of any normal person
We even have specific threads for you to do your numeeology bullshit- do it there

>> No.19866792

>>19864163
Link mooned today too. Anybody know why. Was there news or something. Fuck ive been holding out for another 2.50 drop but its looking less and less likely one is ever coming.

>> No.19866808

>>19866792
paypal and china.

>> No.19866814

>>19866792
Forbes published an article saying tomorrow tues that red date the developer of chinas blockchain service network was announcing a chainlink partnership

>> No.19866831

>>19866640
I've never swung but missed countless chances, this'll net me another 2k

>> No.19866845
File: 632 KB, 1670x1650, IMG-7152.jpg [View same] [iqdb] [saucenao] [google]
19866845

>>19866753
>Is it really too much to ask that you dont shit up literally every cl thread
>>19866753
>All anyone is asking
speak for yourself

>>19862821
>People with low self-esteem but who think very highly of themselves usually do this kind of stupid things when they encounter their betters, I think it's a defense mechanism

>>19866689
>Sauce for paypal pls
https://chainlinkadapters.com/details/smartcontractkit/paypal-adapter

>> No.19866859

>>19866753
The tripfag is the most effective fud, just hide his posts

>> No.19866886
File: 538 KB, 1036x1302, GrowingChainLink.jpg [View same] [iqdb] [saucenao] [google]
19866886

>>19866169
The NEET node fantasy will come into play. It's contingent on the Service Level Agreements and other staking tools coming first. The whole purpose of the KYC structure is that the team has no way of determining the quality of nodes without heavy vetting. When staking comes into play, if some new node brings a couple milly to the table they'll get attention because if they fuck up, the smart contract developers who hired them will be getting paid.

>> No.19866897

>>19866689
Pretty vague.
https://www.coindesk.com/paypal-venmo-to-roll-out-crypto-buying-and-selling

>> No.19866916

>>19866845
>>19866753
No, I agree. You fucking suck 42

>> No.19866928

>>19865412
I still think the framework guys are way smarter than you. Link holders live in their own bubble.

Can you explain why Arbitrum is better than OVM or other scaling solutions? Linkies tend to think that whatever benefits them is the only true path-- but the fact is, after 5 years, no one is using smart contracts outside of DEFI.

It's like you guys completely ignore what Web3 is all about because you want to fancy yourselves the future tycoons. I'm not holding my breath on smart contracts becoming widely used in the next 5 years.

>> No.19866974

>>19866508
Yeah, layer 1 will be touched to record the outcomes though? If not what's even the point of using dlts?

>> No.19866984

>>19866897
Yeah thats what I found too. I guess we'll have to wait and see then, I think its too early to tell if they use Chainlink. It would make sense since they do mention the usage of multiple exchanges which would imply multiple price feeds, but they could also have created their own in house oracle or utilizing something maybe like Compound.

Fwiw im hoping Chainlink is their solution, just playing devils advocate here

>> No.19866992
File: 58 KB, 900x506, EaqVokLXQAEf-8L.jpg [View same] [iqdb] [saucenao] [google]
19866992

>>19866928
>I still think the framework guys are way smarter than you
people like OP have the attitude of education, but absolutely no education

>> No.19866995

>>19864935
imperative C++ ID

>> No.19866997

>>19866928
are you fucking retarded, in the podcast framework ventures had to come troll on 4chan to find out about LINK. the OGs caught onto it first before they did.

>> No.19867014

>>19866814
What do you think about LINKPOOL Op?

>> No.19867020

>>19866928
>Can you explain why Arbitrum is better than OVM or other scaling solutions? Linkies tend to think that whatever benefits them is the only true path-- but the fact is, after 5 years, no one is using smart contracts outside of DEFI.


Here's what Arbitrum is in an nutshell. They convert Chainlink oracles into mini Ethereum Virtual Machines. For smart contracts to have any real world use, they're going to go through Chainlink. Now they do all computations in chainlink before posting the final settlement on ETH.

Now the question turns into, why use another scaling solution with Chainlink around?

>> No.19867022

>>19866596
>>19866631
Calm yourself 42, you're starting to slip into gay schizo shit that no one wants to read.

>> No.19867025

>>19865677
You absolutely do, you dumb fucks can't help yourselves.

>> No.19867058

>>19866831
Pigs get _____
Hogs get _________
Your call
>>19866859
Good point
>>19866886
This assumption only holds for the very low value default functions
>>19866916
Hes a parasite
>>19866928
Did you read my post?
The group dictating which solution gets used has a splution
Do you think they might default all traffic to it?

Theres a reason that link is literally the best performing asset in crypto over the last few years
If you choose to ignore that because your feelings dont agree theres no merit to yur argument

>> No.19867130

>>19866992
>people like OP have the attitude of education, but absolutely no education
that's something else coming from someone that only posts nonsense and stupid memes

>> No.19867140

>>19866974
If the participants want
Which nealry all enterprise wont as the outs are already compliant woth relevant regulation
>>19866997
Dont try to change his mind with facts, his feelings are whats important because hes too stupid to learn on his own
>>19867014
I own some but wish i boight more
I dont plan on running my oen node so a solution loke that is highly valuable to me
>>19867020
Listen to this poster
>>19867025
Ive never once posted in a 42 thread becauee im not a fucking idiot

>> No.19867227

>>19867058
>This assumption only holds for the very low value default functions

But that's the point of staking. If you stake several million dollars worth of chainlink on your brand new node; you're essentially telling the world, "I am willing to service your contract and if I fuck up, this grand stack is yours!". Someone is going to take a chance because the risk isn't going to be that high, you're going to be choosing multiple oracles anyway and you can choose a couple highly reputable oracles on top of that. So when smart contract sends the request for data, 2 things can happen; if the new node sends faulty data (by assuming the data conflicts with the data sent by the reputable oracles), the new node gets slapped with a hefty penalty fee and knock against its reputation and the smart contract still gets what it needs. If the new node does its job correctly, then it now has a boost in reputation and can get the ball rolling in getting more smart contracts, which in turn will improve its own reputation, etc etc.

NEET nodes can work, but this opportunity is relegated to the NEETs who bought in a couple years ago because you need the financial clout as leverage to get attention.

>> No.19867238

>>19867020
>>Can you explain why Arbitrum is better than OVM or other scaling solutions?

I'll put you down for 'no'.

>>19867058
I'll put you down for 'no' as well. Again, you're bullish because you're long.

Link is my biggest hold. I've been in since Feb 2018 and did nothing but stack that whole year. I stopped coming to this board because you fucking idiots call any legit discussion 'fud'. I am of the opinion that Synthetix will hit 1 trillion in synths outstanding before ISDA even thinks about moving on smart contracts.

Decentralized protocols will replace a substantial number of centalized businesses. I can't see an insurance company or bank standing up against the pooled liqudity model. The fact that Linkies stand to gain from this is nothing more than dumb luck in a lot of cases; it completely turned into a 'muh partnerships' normiecoin around mainnet and this board has been worthless since.

>> No.19867247

>>19867140
Interesting thanks

>> No.19867319

>>19867227
Staking millions of an asset to collect pennies is an illogical action
At that point it is wiser to invest in index funds
One of the long term price deteeminants of lonk will be marginal returns on a default node per unit staked
>>19867238
Again, you have no idea what youre talking about
Arbiturum has better fallback and throughput properties than what yiure suggesting but thats noy the point
When msft word needs to interact with a spreadsheet, does it default to openoffice or msft excel?
Do you get it now or are you just being intentionally stupid?

>> No.19867388

fuck bros not one person here noticed the nasa and National Oceanic and Atmospheric Administration

>> No.19867394

>>19866063
I think that you're right.
Inb4 says no elections, and I tend to believe him

>> No.19867397

>>19866560
Fuck off, paypal adaptor has been there for over a year. Discord trying to shill

>> No.19867425

>>19867319
>Arbiturum has better fallback and throughput properties than what yiure suggesting but thats noy the point


source: it will pump my bags if it's true! Again, you can't explain the merits of something like arbitrum over OVM, you just default to the thing you think will make you money. It's the human condition I suppose.

I'll be happy to wait and see how the l2 debate plays out. You niggers were saying enterprise use was right around the corner in 2018. You said it again in 2019. Now in 2020 all we have are some data feeds for Eth based projects- and lnkies were by in large totally ignorant of things like Uniswap, Compound, or any of the other neat things happening on Eth until it became clear how it would benefit them.

My opinion is that decentralized solutions will pop up to supplant traditional enterprises before they can even react in a meaningful way, and you've done nothing to change my mind.

Also you mad

>> No.19867445

>>19867388
NOAA huge they have almost 200 years worth of meteorigical data.

>> No.19867569

>>19867397
This is the risk of the paypal rumors- we dont have conf of paypal payments outputs which is whats been referenced from the cl side
>>19867425
Sounds like your personal fantasy backed up by exactly zero relevant technical knowledge or real world business experience
But at least youve been wrong and defended it with your feeelings- good job there sport
>>19867445
Would be interesting seeing their raw feeds used to fuel synthetix based global warming derivatives
Would put an end to the great debate once and for all

>> No.19867612

>>19867445
>>19867569
now this makes me think there really is a connection with link and space x. They are the main drive right now with anything space

>> No.19867629

>>19864293
Ur retard brain is to powerful

>> No.19867634
File: 698 KB, 1394x695, 32321312.png [View same] [iqdb] [saucenao] [google]
19867634

also here is a pic for the twitter faggots

>> No.19867642

Will I be able to make passive income from joining a staking pool? Explain this shit to me like I'm a complete fucking moron.

>> No.19867707

>>19867569
there was a company that built a robot that can go to open sea and reliabily collect data even in storm conditions. Pretty damn small too, they were on WEF tech pioneers as well.

I'd like to see in the future where we have dynamic autonomous cargo ships that can see thousand of miles out to sea.

Just fucking imagine that capability, they can detect a storms thousands upon thousands of mile away and automatically adjust.

>>19867612
aren't the current falcon missles using remote drone ships to reland the boosters?

>> No.19867756

>>19867707
>aren't the current falcon missles using remote drone ships to reland the boosters?
yep

>> No.19867805

>>19867756
yea so they'll most likely need the weather pattern data, although I think NOAA just does it for the U.S.

Google has a subsidiary that does advance A.I they created AlphaGO and AlphaStar, so maybe with advance enough A.I we can simulate what past weather patterns were to predict future ones.

>> No.19867923

>>19864553
>Ed felten sold arbitrum to chainlink
No he didn't

>> No.19867999

I bet chainlink doesn't own bsv and bsv is all that matters

>> No.19868339

>>19864163

I'm too retarded to understand all of this, so I'd appreciate if you took time and just gave me an answer to these questions
>is 2000 enough to make it?
>if yes, what is the timeline of it happening
>you say we won't be able to stake it with neet nodes, wat do then? sell at 1000 eoy?

>> No.19868410

>>19864268
It's okay, just a typo
Faggot

Whoops last word shouldn't be there

>> No.19868464

>>19868339
2000 is a make it stack after the launch of the complete SC stack and significant enterprise migration of back office processes to the cl network
How long that takes is anyone's guess- i'd say at least a couple of years from now
You can likely lend your links to something like linkpool for a reasonable APY and live off that
Or sell 5% of your stack every year until that is enough to live off of
Or wait until you have 25x annual living expenses valuation, sell it all and live off low cost ETF indexes

>> No.19868485

>>19868464
thanks fren
>willing to hold till 2026
>will i make it?

>> No.19868563

>>19868339
What if I told you that if Chainlink does absorb a 1T market cap successfully securing those assets underlying, thatd only be the beginning?

A 1k link is and always was FUD. Why would the hard cap come at 1T when inefficiencies in financial markets are in the hundreds of trillions? In the banking industry? In smart cities?

>> No.19868635

>>19864200
not what op was getting at but yes that is an eventuality within the smart contract ecosystem. also checked

>> No.19868665

>>19868563

I'd believe you
>t. unironically a brainlet who got lucky finding out about link so pls gib good advice
>2k stack
>plan to cash out 200 links at $300 to buy my own studio apartment
>what to do with the rest
>too retarded to set up my own node, op says it won't be possible anyway
>can't gauge the right price to sell at
>anxious.png

>> No.19868670

>>19868485
If i had to bet i'd say yes
Or at least well on your way
>>19868563
This is probably true, though it sounds peak deluded

>> No.19868698

>>19868665
dude what? I don't even want to touch my LINK stack until 2025 and I have 10K. that could be easily a $2M apartment if you waited.

>> No.19868763

>>19868698

so what would you suggest me to do instead? i don't need $2M apartment, i only need a studio with a bed, desk and computer in it

>> No.19868803

>>19868763
I mean do you really need the studio apartment? you might get more income with staking and you would just rent or buy but use the staking income to pay it off.

>> No.19868806
File: 83 KB, 640x640, 1587435731271.jpg [View same] [iqdb] [saucenao] [google]
19868806

Does the OP mean that $10k is FUD

>> No.19868861

>>19864163
Scam and fraud

Http is free
Chainlink will never be an open standard and will never allow for full integrations

>> No.19868891

>>19868803

i mean i don't need it but it wouldn't hurt to have my own place i guess. don't like paying money to landlords.
>so your suggestion is to always hold it and just stake it?
>op said that won't be possible or something along those lines.
>sorry if i'm being a brainlet
>just anxious cause i got lucky and don't wanna fuck it up

>> No.19868933

>>19866508
You’re welcome anon, Link memes are for the community

>> No.19868970

>>19868891
you'll be able to lease/rent your LINK to node operators.

let say you want to sell at $300, maybe with stake you get 5% yield (conservative estimate)

15x2000 = $30k.

so you'd get $30k for doing jack shit.

or you can sell get $60k, but your staking rewards are now $27k.

>> No.19868975

>>19864317
>>19864322
I agree, I for example never read the Chainlink wypaper. I buy coins based on funny pictures and the global memetic personality of the shilling.
Many of us are tech illiterate but we are intuitive and years spent on this uralian birds-of-prey-assisted prairie dogs culling direct messaging service have made us quite effective at reading between lines

>> No.19869037
File: 1.65 MB, 1203x1509, passover - the trilogy.png [View same] [iqdb] [saucenao] [google]
19869037

>>19867130
>that's something else coming from someone that only posts nonsense and stupid memes
>>19867022
>you're starting to slip into gay schizo shit that no one wants to read.
we're just getting started

>>19867394
>I tend to believe him

>> No.19869092
File: 3.42 MB, 400x225, 3be6bd1aac93.gif [View same] [iqdb] [saucenao] [google]
19869092

>>19869037
>we're just getting started
https://youtu.be/cn9wlzsFKzc
the great reset
the great return

>> No.19869112

>>19868763
2k stack, selling 200 at $300 will be alright.

>> No.19869136

>>19868970

thanks, i understand how staking works
>not sure how to set up node cause i'm not smart enough
>don't own linkpool either
>from your calculation selling 200 link at $300 doesn't seem that bad as it would increase my quality of life on the other hand

>> No.19869164

>>19868806
EOY no
EODecade perhaps

>> No.19869250

>>19868975
i didn't even know cryptocurrencies had white papers and i've been trading/holding them for 1 year

>> No.19869276

>>19869164
fuck off and relinquish your stack nobeliever CUNT

>> No.19869627

>>19869250
Dont forget you're going to be rich soon
>>19869276
No thanks

>> No.19869892

>>19867319
>Staking millions of an asset to collect pennies is an illogical action
>At that point it is wiser to invest in index funds
>One of the long term price deteeminants of lonk will be marginal returns on a default node per unit staked

The purpose of "overstaking" is to get your feet off the ground in building your reputation as a NEET Node link node, the original point of the conversation. You can reduce the amount staked as your reputation builds and you have a steady number of jobs coming in. The competition is already tough because there are a considerable number of nodes on mainnet that aren't getting jobs. The ones who ARE getting jobs are development teams with multiple people; full on businesses. If you want the high value contract jobs you need to give smart contract users a reason to choose your node. Staking a high amount of Link means you're willing to offshoot a good deal of risk of you messing up from the smart contract user.

Realize staking isn't going to be something like push your link into a high interest account and get returns. What's going to happen is that there will be more crowd pooling staking services like Linkpool vying for support and they'll use your pooled Link support to get better visibility to receive jobs and if they do them right, you all split the payments.

>> No.19870093

>>19866845
you' re 100% a newfag and probably dont even have a 20k stack. i want astro back

>> No.19870690

>>19866159
Qrd and link?

>> No.19870780

>>19867140
>Ive never once posted in a 42 thread becauee im not a fucking idiot

Every single post you've made in this thread contraindicates that, you sound like the dumbest fucking ape in the market

>> No.19870789

>>19865826
You already had 3 years, nigger.

>> No.19870898

>>19869037
Kill yourself 42

>> No.19871102
File: 53 KB, 1000x1000, 1586065843184.png [View same] [iqdb] [saucenao] [google]
19871102

>>19864255
I bought link because of the kyoob. I just felt that it would work out and thus far it has. Haven't read the whitepaper despite holding since Oct. 2017.

>> No.19871127

>>19866753
42 is some kind of psyop or an immensely sad retard

>> No.19871147
File: 451 KB, 438x478, 1516854393441.png [View same] [iqdb] [saucenao] [google]
19871147

>>19870898

>> No.19871165

>>19866792
>>19866792
>mooned

>>19866808
>>19866814
>chink connections
Remember Vechain, Tron, OMG, NEO, etc....were you implying this is bullish??

>> No.19871184

>>19866928
Based, especially so since you got the linkies seething lmao

>> No.19871308
File: 54 KB, 1107x449, 42.png [View same] [iqdb] [saucenao] [google]
19871308

>>19871127
>42 is some kind of psyop or an immensely sad retard

>> No.19871320
File: 147 KB, 634x1077, 1587266697411.jpg [View same] [iqdb] [saucenao] [google]
19871320

IMPORTANT QUESTION

WILL I BE ABLE TO STAKE WITH A 1200 STACK?

>> No.19871323

>>19871165
can't 51% a POS.

>> No.19871433

>>19871127
It's the latter. He has a serious personality disorder, and his constant shit posting is testament to that. He will vanish one day, ending his life to silence his inner voice, and we will all be rewarded for our patience.

>> No.19871533

>>19867569
What is your opinion on linkpool and do you see them taking a peice of the pie as well?

>> No.19872312
File: 851 KB, 1214x1074, 1592473046508.png [View same] [iqdb] [saucenao] [google]
19872312

>> No.19872427
File: 416 KB, 990x682, 1592170978604.png [View same] [iqdb] [saucenao] [google]
19872427

>>19864353

>> No.19872430

>>19871533
I like pie.

>> No.19872468

>>19864317
You don’t have to be very smart in this world. You just have to pay attention and have common sense. Thinking your smart is dangerous anyway cause money doesn’t care if you are or not.

>> No.19872471
File: 82 KB, 1200x400, 1592170659109.png [View same] [iqdb] [saucenao] [google]
19872471

>>19864539
>>19864649
>>19866928
>>19867238
>>19867425

>> No.19872487
File: 40 KB, 472x375, 1587612724571.jpg [View same] [iqdb] [saucenao] [google]
19872487

> anons getting sick of 42 schizo Qboomer posting like a year later
Kek

>> No.19872571

>>19864785
if you search the archives for 'eth will be links database layer'
you will see laughing responses
we knew years ago, they all had 3 years

>> No.19872592

>>19864317
I have little understanding of the actual specifics of the technology. So for me I don't know what it actually takes to create something like CL. I understand the basic premise of chainlink and the Oracle problem. You don't need to be a genius to make money. You do need to be a genius to actually create it in the first place.

>> No.19872656

42 is the bee’s knees, y’all newfangled newfags needa btfo

>> No.19872753

>>19872592
This. You can understand the concepts but don’t know how the intricacies work. It’s like most tech we use but have no idea how it works.

>> No.19873156

>>19865609
So is buying into the NSA'a plan going to make us rich or not?

>> No.19873555

>>19871308
Checkmate

>> No.19873581
File: 407 KB, 220x220, 1592647097156.gif [View same] [iqdb] [saucenao] [google]
19873581

>>19873555
chegged-mate
https://youtu.be/3MdIri5ji68

>> No.19873956
File: 248 KB, 1357x960, 1592456483147.jpg [View same] [iqdb] [saucenao] [google]
19873956

>>19872656
>42 is the bee’s knees, y’all newfangled newfags needa btfo

>> No.19874047
File: 33 KB, 480x639, images (3).jpg [View same] [iqdb] [saucenao] [google]
19874047

Hey anons boomer post with 42 qcumber magic tranny penis charming larper

>> No.19874425

>>19864255
this, the day arbitrum was announced officially, was also the day i officially all in'd CL. no larp either. it wasn't hard to understand "what" it would do, but it took a little bit of mental effort to realize it cucks every blockchain, including eth (which cant scale anyway). it was truly the day the ERC 20 token meme died, or how is an erc token going to surpass eth meme.

>> No.19874884

Let me tell you bucko, as someone involved in a lot of solution design for enterprise financial institutions you need certain assurances to build SLA's and OLA's. Chainlink isn't just about providing security but enabling service architects and contract managers to write up the agreements that are REQUIRED for businesses to sign-off.
The KYC node operators are the best thing CL could have done. Staking is needed, as are aggregation contracts and all that to be able to build guarantees into the service.
A good CIO or architect won't give two fucks about the fact a product uses blockchain, their core view is promoting value, strategy and governance.
This software will only work if it can be written into agreements and presents value through either enhanced service, reduced cost or both.

On your paper contract there will be a segment about data assurance, wrapped up with delivery clauses, penalties on suppliers for late data or missed data etc. Your supplier effectively reviews the risk of the request by demanding x amount of payment if they offer y amount of collateral to cater for the penalties of when they do miss the delivery of data. The initial agreements can only ever be set up with KYC'd node operators as they need to bootstrap the network and provide more than faceless entities to power contracts which move millions in value.

>> No.19875109
File: 150 KB, 600x860, Jenny_Dolfen_-_And_Morgoth_came.jpg [View same] [iqdb] [saucenao] [google]
19875109

>>19874047
>Hey anons boomer post with 42
Listen here Jack, I'm gonna set you straight. I'll only say this once so listen up, Fat. This virus isn't going anywhere. Let me repeat myself, this virus isn't going anywhere. Back in my day we didn't call it covid whatever; we called it the "Shanghai Shivers". OK, here's the deal, Slick. I used to know a guy, went by the name Cornflake Jackson. Ol' Cornflake used to play guitar down at the pool hall. He caught the Shanghai Shivers one year and let me tell you, if Cornflake Jackson says, "It ain't no thang" you can take that to the bank, Buckaroo. That's how I know you're full of shit. I'd punch your daughter straight in the mouth.

>> No.19875571

>>19868665
>>19868698
delusion. LINK will never be $300

>> No.19875680

>>19864935
I made one of the first link threads will link it when the time is right

>> No.19875711

Where are the ico funds? Where have the 700k dumps gone? No audit, no transparency, I just can't trust that fucker

>> No.19876193
File: 103 KB, 1363x687, pompeomnuchin.jpg [View same] [iqdb] [saucenao] [google]
19876193

>>19875109

>> No.19876195

>>19864353
>all LINK feeds to date are for ETH based projects
What do you think happens when staking goes live?

>> No.19876305

Only once will I post this. Only once.

Those of you who have been blindly following the chainlink shills are absolute fucking retards. If you had an IQ above 90 and spent 30 minutes researching, you'd actually understand why you are making the best investment of your lives.

The problem with this board is literally most of the Chainlink shills could not explain to you why Chainlink is actually an amazing bet. The few anons that do get it and post legitimately useful information get ignored because most of this board is dense and dumb as fuck and when they can't understand something they act like it wasn't even posted.

Chainlink is next gen. It will make all current holders with 10k+ millionaires. You may have to wait 2-3 years, which most of you will be too dumb to do. You'll see a 5x a year from now and because you've been checking the price every fucking day for over 1500 days you'll think "fuck it, I'm selling, this isn't going anywhere!". When the token actually goes parabolic you'll be holding the keys to your piece of shit Corvette and those of us who weren't total brainlets will be having you park our Bentley's because you work as a fucking valet now.

This is not pasta. Do not repost this. This is simply the truth. Fucking screencap and check back in 2021

>> No.19876491
File: 120 KB, 1000x665, C712517D-36F8-43B0-A60F-DB3F44537985.jpg [View same] [iqdb] [saucenao] [google]
19876491

>>19876305

>> No.19876580

>>19876491
wew 42, that's a pretty hot meme. Is it OC?

>> No.19876986
File: 47 KB, 748x627, A619BB57-6A3D-43CB-ADE1-DE7816321072.jpg [View same] [iqdb] [saucenao] [google]
19876986

>>19876580
https://twitter.com/finrekt/status/1275127799070593024?s=21

>> No.19877826

>>19864200
>murder contracts
eric20 hitman tokens WHEN!!!

>> No.19877934

>>19876305
>this is not pasta
Funny, I remember this used to be posted here all the time last year

>> No.19878557

>>19864163
Take this down