T sigs update?

[Anonymous No.23855284]

We're almost a month into Q4 and nobody on /biz/ is talking about what will be the single biggest announcement in crypto this year
I know this thread will probably be autosaged by some schizo who wandered out of containment or a trannyposter, but I'm holding out hope
>inb4 dyor

[Anonymous No.23855589]

>>23855284
t-sigs tests are live on mainnet and will be fully deployed by EOY

[Anonymous No.23855747]

>>23855589
thank you fren. sauce?

[Anonymous No.23855763]

>>23855747
https://reputation.link/blog/27

read the last paragraph for t-sig tests. don't have source for thomas saying they'll be live by EOY but i've seen it

[Anonymous No.23855798]

>>23855763
based anon delivers
thanks man
do you think the market / CT will respond when it's announced?

[Anonymous No.23856000]

>>23855763
Yeah, Thomas Hodges confirmed in an AMA in August that T-Sigs would be deployed by EOY.

[Anonymous No.23856009]

>>23856000
Checked.

[Anonymous No.23856042]

Insider here. Threshold signatures won't be coming as Sergey has left the Chainlink team.
The last reported sighting of him was inside of a Planned Parenthood in New York City asking women waiting for abortions if they had entered into a smart contract agreement with their unborn fetus. He was eventually escorted out by staff, but not before pulling two Big Macs out of his pockets and flinging them wildly, the contents of the sandwiches covering the clinic's walls and its patrons. Authorities were called immediately after the incident but Sergey had fled the scene. Witnesses claim that he was screaming "I am the oracle!" repeatedly as he ran off, eventually diving into an uncovered manhole in the street.

[Anonymous No.23856125]

>>23856000
witnessed. Post anything more recent if you have it anon; we've had "sometime in Q4" as a tentative date for a while but I'm looking for anything that could indicate how close we are
>>23856042
Don't leave us hanging
What happened next?

[Anonymous No.23856131]

>>23855763
>>23855798
>>23856000
Do flux aggregators require t-sigs? If so, t-sigs are currently unnanounced on testnet.

Also deploying t-sigs on test net officially will probably indicate it going to main net next year, as VRF took some months to migrate from test to main.

Either way, what the one anon wrote some weeks ago will probably become true. Gas cost will be magnitude times lower for requesting link services meaning more data for the same price meaning new financial products.

Links sell presure from node operators will decrease as they will no need to sell for eth for gas. Meaning price should appreciate.

Add staking to this and 21' being THE YEAR once again, I wouldnt be suprised to see +100USD Link by EOY 20201.

[Anonymous No.23856139]

>>23856042
kek

[Anonymous No.23856216]

>>23856125
The account of a witness from that same day:
"I went to a strip club with a friend who was in town visiting, and while I was there I saw Sergey, surrounded by women. He was throwing tons of money at them, but not just bills. It was stacks upon stacks of $10,000, sealed up with white paper bands like he had just come straight from a bank.
I went up to him and congratulated him on the success of Chainlink as of late (this was about a month ago), and he started laughing. He took a hefty swig from a bottle of Dom Perignon and said, "Yeah? You think I care, stinky?"
Confused, I asked what he meant, and said that he had obviously put a lot of work into LINK and he should be proud.
"Fundamentally, I don't give two fucks about Chainlink, kid."
He was about to say something else but one of the strippers tapped him on the shoulder. Sergey pulled out from his pocket the biggest ziplock bag full of cocaine I've ever seen in my life. It looked like one of those gallon bags, almost bulging at the seams. The stripper ran off into a back room with it.
He then pulled out a Zippo lighter.
"You wanna know what I think about Chainlink?"
He snapped his fingers and a stripper handed him a bottle of Hennessy. He then pulled about 20 stacks of bills from a duffel bag, threw them on the floor, poured cognac all over them. He flicked his Zippo and dropped it onto the pile. Almost instantly the whole stack caught.
I stared at him, speechless.
"It's called a 'PUMP and DUMP,' kid."
He laughed as he watched the pile burn before losing interest and going into a back room with his entourage of strippers following carrying duffel bags full of what I assume was money and coke."
This is the man you are supporting by buying LINK.

[Anonymous No.23856227]

>>23856042
>>23856216
>42
>216

[Anonymous No.23856312]

>>23856216
>>23856227
kek, those gets are fundamentally schizophrenic

[Anonymous No.23856325]

>>23856227
CHECKEROONI

[Anonymous No.23856338]

So t sigs reduces the gas overhead for nodes to submit responses to ETH, right? Is this really a "moment" in terms of market reaction, or is it just a useful advancement that will show its value over time?
I can't imagine people are going to FOMO in on the back of t sigs alone.

[Anonymous No.23856375]

>>23856338
Defi will function as intended when exchanges use link. Allows for near transfer (might be wrong about this part) at ultra low cost regardless of eth gas price, making eth look like dinotech

[Anonymous No.23856407]

>>23856375
That sounds more like arbitrum. T sigs is a way for all the node responses to be bundled together before being committed on chain in a single transaction, and also allows for a set majority of nodes to be "enough" to provide an answer, instead of needing 100% of nodes to respond.
So it reduces gas costs in terms of Chainlink oracle node responses, but Arbitrum is more about running ETH fast and cheap on a second layer.

[Anonymous No.23856412]

>>23856375
Near instant transfer* sorry I'm phoneposting and tired. To add on though, essentially anyone not using t sigs is at an immediate disadvantage right before a bullrun. How do they get a piece of the pie? Start utilizing Chainlink. LINK fomo won't come from normies at first. It will come from exchanges trying to save a lot of money and maximize profits on fees, while still being able to lower their fees. Say a transaction costs $.00001 to an exchange. They can charge $.001 and still charge less than competition while having a 100x profit to cost ratio

[Anonymous No.23856429]

>>23856407
You're right, got them mixed up. Thank you