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21186108 No.21186108 [Reply] [Original]

Ethereum needs to start going up too, Link can’t ever be worth more than ETH so we are capped by this piece of crap.

>> No.21186189

why?

>> No.21186218

>>21186108
Wrong.

>> No.21186257

>>21186108
Please explain or DYOR

>> No.21186336

>>21186108
It's improbable that LINK could be bigger than ETH, but it's not entirely impossible.

>> No.21186501

Saying link cant be bigger than eth is like saying Microsoft can't be bigger than nvidia or intel

>> No.21186522

>>21186108
Shit bait OP.

>> No.21186581

>>21186501
You can't use your majority shares in nvidia or intel to change the ownership of microsoft shares. It's not quite the same, but OP is failing to realize that trying to acquire enough of ETH for a 51% attack, after it switches to staking, would generate so much demand that LINK would no longer be at a higher cap than ETH.

>> No.21186629

>>21186218
>>21186336
>>21186522
I always thought there were security concerns if the total value of ERC20 tokens became greater than ETH itself, did I get memed

>> No.21186632

>>21186108
Chainlink is blockchain agnostic

>> No.21186658

>>21186629
You did

>> No.21186674

>>21186108
the whole point is we're gonna suck up the market caps of both BTC and ETH, nigger.

>> No.21186714

>>21186522
He's right though you stupid fuck. LINK is an ERC20 TOKEN it will NEVER be worth more than ETH. We need the entire marketcap of crypto to expand for LINK to keep mooning

>> No.21186960

does chainlink suffer the same gas fees are ethereum?

>> No.21186986

>>21186714
lmao link isn't even an erc20 you midwit

>> No.21187059

>>21186960
No

>> No.21187086

>>21187059
why?

>> No.21187232

>>21187059
I just looked it up, chainlink has been the second biggest consumer of gas behind tether in 2019

why did you lie to me? I'm trying to learn about this coin

>> No.21187260

>>21187232
Look up Arbitrum Rollup

>> No.21187323

>>21186108
>>21186336
Ethereum is the roads, Chainlink is the cars. Which do you think is worth more as an industry?

>> No.21187353

>>21187323

link is more like a bridge There aren’t really any cars

>> No.21187407

>>21186108
why?

>> No.21187453

>>21187353
More like the toll booth motherfucker

>> No.21187463

>>21187353
Okay well you can say you have all these roads with no cars on them, and chainlink let's cars get onto the road. Cars are the data. The road is useless without them

>> No.21187503

>>21186108
THE CHAINLINK TRANSFER NETWORK

>> No.21187588
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21187588

>>21186629

In one hand you have an aging transfer layer protocol (that NEEDS its new upgrade to go seamlessly to maintain first mover advantage)

In the other you have a wholly unique data transfer and security protocol, with a priceless built in infrastructure and real world assets being utilized.

You tell me which one is worth more?

>> No.21187648

>>21186629
Yep, just because something uses something doesn’t mean it is restricted to always being smaller then it. Think of Eth like a coding program and link like a company that just uses the code to create things that bring real world value.

>> No.21187749

>>21186108
>Link can’t ever be worth more than ETH
starting to realize why vitalik hates sergey?

>> No.21187781

>>21186336
Ethereum is useless without LINK, not the other way around.

>> No.21187851

>>21187781

It’s Bitcoin Silver without LINK. Just like every other transfer layer.

>> No.21187896

>>21187232
As of now. Offchain aggregation is going to be implemented, so the gas fees for LINK will be 100x lower. The aggregator whitepaper basically makes Ethereum Plasma look like it’s written by Pajeets.
At this point they might just dump ethereum and make own settlement layer. I don’t know why they bother with ethereum

>> No.21187945

>>21187648
>Think of Eth like a coding program and link like a company that just uses the code to create things that bring real world value.
I never really thought of this way. Kind of like a product build on Windows becoming bigger than Microsoft. Really not all that crazy t b h

>> No.21187998

>>21187896
from my research it seems like this is all an attempt to solve some fundamental infrastructure issues with ethereum and all the solutions it touts to problems it fixes are core ethereum issues

>> No.21188019

>>21186108
xrp had a bigger mcap than current eth mcap in last bullrun, are you saying we can't beat xrp? brainlet.

>> No.21188052

>>21186108
>Link can’t ever be worth more than ETH so we are capped by this piece of crap.
it's integrated in 50+ blockchain, it could very well be worth those 50, i can't see why it couldn't be valued higher than ETH

>> No.21188066
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21188066

>>21186108
Link middlewared there way through all of defi, of course it can be worth more faggot

>> No.21188075

>>21187232
wait is this true? how did i miss this? bullish af

>> No.21188096

>>21187998
Vitalik is a salty retard tho and will keep releasing spaghetti code and pushing deadlines instead of working with Sergey

>> No.21188193

>>21186108
eth better do something or I’m gonna get justed, literally converted all my link to eth

>> No.21188678

>>21187232
sauce?

>> No.21188683
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21188683

ETH 2.0 will have oracle capabilities.
Chainlink will die.

Goodluck.

>> No.21189042

>>21188683
So you believe only one blockchain is the future, and not a numerous interoperable many?

This would make sense for a single home based oracle network.

However, if there will be more than one blockchain, public and private alike, how can a single chain monopolize the oracle industry?

Unless of course each chain has an oracle network


But then isn’t that a bit redundant with distributed numerous oracle networks running possibly the same data sources?

Wouldn’t it make sense for a single oracle network to live on many chains, rather than many oracle networks on many chains?