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22554327 No.22554327 [Reply] [Original]

https://www.coindesk.com/bsn-localized-chains

>> No.22554496

>>22554327
whats the problem

>> No.22554520

>>22554496
Just latestage 1984

>> No.22554530
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22554530

>>22554496
OP doesn't know what this means and he's posting this thread in the slight hope that someone else will answer for him.

>> No.22554648

@22554530 that's a hell of a box is it urs?

>> No.22554699
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22554699

>>22554648
>@22554530

>> No.22554704
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22554704

>>22554648
No it's a photo from the internet. Anyways I have most of the big boxes in the pic plus much more. I love collecting big boxes of 90's games.

Currently trying to get pic related.

>> No.22554890

>>22554648
fucking zoomers

>> No.22554931

>>22554327
So if I'm reading this correctly, BSN or China or whatever will run nodes on these different networks. The nodes will only accept a digital renminbi instead of the network token (ETH, XTZ, etc). So I am assuming, then, that this applies to the oracle layer too. BSN will run its own chainink nodes but the nodes will not be paid in LINK.

AHHHHHH. Not sure I'm reading this right, but it seems pretty straightforward. Also, this was highly highly predictable. China doesn't want local currency flowing out into other systems or countries and wants to keep tight controls over its monetary policy.

>> No.22554952

>>22554931
that’s what I read.

>> No.22554962

>>22554931
>not using btc
>not using eth
>but using the token built on eth
kek

>> No.22554966

>>22554530
tribes 2? come on man.

>> No.22554975

>>22554931
You're literally retarded. Jesus.

>> No.22555006

>>22554962
blockchain agnostic

>> No.22555007

>>22554975
Why you say that?

>> No.22555024

>>22554931
>BSN will run its own chainink nodes but the nodes will not be paid in LINK.
That makes no fucking sense at all

>> No.22555183

>>22555024
If Chinese users of BSN apps are paying in renminbi and only exposed to renminbi, then if the nodes they're interacting with are being paid in the network token (LINK, ETH, XTZ, etc), then there's some kind of swap taking place at the time of transaction. That makes sense. Is that what you're suggesting is happening?

>> No.22555189

>>22554966
No it's Tribes Z I swear to god

>> No.22555300

>>22554975
Okay so thinking about this further. It sounds like this is not a 'digital' renminbi, there's no indication of that from the article. Instead renmibi is transferred bank to bank (internal to China) as usual and never leaves the system. But 'fees' are paid to the nodes in their native token through China-based intermediaries (exchanges or whatever) who in turn pay the nodes? Something like that?

>> No.22555344
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22555344

Anon working Beijing here. Sell everything now, Gweilo. ChinaRink is already on Chinese exchanges, it's over. They shadowforked it and stole it like they steal American military tech.

>> No.22555383

>>22555024
their aim is never to make sense
its just to make shit up as they go along and hope that someone sells

>> No.22555480

>>22554648
Go back to Twitter Faggot.

>> No.22555541

>>22554530
nice box bro literally my childhood

>> No.22555547

>>22554530
>EQ
>Not AC
absolute pleb box

>> No.22555562
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22555562

>mfw china creates the shadowfork

>> No.22555592

>>22555432

pls some1 tell me this isnt true

>> No.22555595

>>22554327
> designated operators
kek now they're working with the Indians?

>> No.22556113

>>22555592
All of that shit was pulled out of that confused retard’s ass. Why the fuck would it be true? Do you honestly think china has any power in defi? Lol

>> No.22556417

>>22554327
oh shit David Pan all up in here making threads with his big brain and research skills!!

>> No.22556448

>>22554931
thats not how LINK works dummy

>> No.22557275

>>22556448
Read how kaleido is using chainlink without LINK.

LINK token is like bottled water. U only use it on the go. If u got you own source of water then just fork the framework and generate your own private tokens.

It will keep all the involved oracle providers honest.

One don’t need to buy from market.

>> No.22557376

>>22557275
> you need economic incentives to keep nodes honest
> you don't need to market buy link
topfuckingkek

>> No.22557709
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22557709

>>22554648
>@

>> No.22557789

>>22554530
why zoomers are fudding boomers to young women? are they planning to get on early as trannies?

>> No.22557888
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22557888

>>22557789
the FUCK you say to me??

>> No.22557943
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22557943

>>22554648
get the fuck off my 4chins

>> No.22557978
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22557978

>>22554648
o shit anon what are you doing

>> No.22558028

>>22557376
Look anon I understand you hodl LINK.

And u will be happy with staking (when it starts) but tell me. ARE U GONNA USE THOSE TOKENS TO GET ANY ORACLE Info.

Answer is NO. Its just a bottled water concept . Some idiot Sergey thinks he can hijack a protocol which is free.

Keep worshipping your Russian GOD keke

>> No.22558210

>>22558028
People love bottled water you delusional tranny even though it comes out of the tap well in my country it's safe to drink... don't know about yours
> use tokens to get oracle info
no but I will use my tokens as collateral to provide oracle information and random numbers

>> No.22558469

>>22556448
Explain? I'm a 11k holder. Trying to understand how the LINK token is abstracted from the renminbi system.

>> No.22558891

>>22554327
Summary: fuck china. worthless country with nothing of value. SOme chinese spy is reading this.

>> No.22558914
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22558914

>>22554648

>> No.22559262

>>22558210
XHV is using chainlink oracles for their price feed. They pay 194$ dollop in LINK when it was @4.80 For their pricefeed calls . Do you how much they paid this month (BTW XHV are highest in usage of oracles from all the other shitcoins using LINK)

Same fucking price 194..

What delusional world are you lining in. Your mom’s basement

>> No.22559337
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22559337

>>22559262
If they need to exchange to rupees just hit Thomas up on slack bro but the price would be 194 but in rupees with no mango lassi included plus tip

>> No.22559397
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22559397

>>22554648
>@