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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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26487430 No.26487430 [Reply] [Original]

Holding idiots are smart enough to know what this means

>> No.26487595
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26487595

I hold chainlink and I'm gay

>> No.26487620

>>26487430
it means when moon?
WHEN MOON

>> No.26487627

>>26487430
it means pee pee on the poo poo

>> No.26487663

>>26487430
yes, token not needed

>> No.26487723

>>26487430
arbitrum ready? TELL ME NOW REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.26487734
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26487734

>> No.26487775

>>26487430
Tell me and I'll suck your dick OP :O

>> No.26487811

>>26487430
But I have 10k linkies wtf do you mean

>>26487723
>>26487723
How??

>> No.26487885

>>26487430
Threshold Sigs / ocr

>> No.26487914

>>26487430
um, is there like math, maybe?

>> No.26488014

>>26487430
WHAT IS THIS SCREENSHOT OF?

>> No.26488062

>>26487430
>Offchain Aggregator
holy shit

>> No.26488073

>>26487595
this

>> No.26488115

>>26487430
is this good or bad for LINK?!?! lolol I'm a damn newb

>> No.26488126
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26488126

>>26487430
if I stroke your hair and whisper sweet nothings in your ear will you explain it to me?

>> No.26488213

Unless I'm retarded it means that it's aggregating from other blockchains. A step towards being a universal data confidence fabric.

>> No.26488214

>>26487430
my hole village is so excite rn dears

>> No.26488267

Chainlink token dilution is directly driven by node operator fees being high
Node operator fees are high because they have to pay high eth gas prices as everything is done on chain
Once ocr crashes these eth fees, link dilution and sell pressure drops
At the same time grayscale opens the floodgates

We're going to Mars

>> No.26488275

>>26487430
Lmao. Offchain aggregator. Literally a concept that has ZERO sense. ZERO. Literally a bait thread lmaooooo

>> No.26488295

I hope now many of you are seeing that we will have big news by end of next month.

>> No.26488313

>>26488062
WHAT

I’ve been all in link since January 2018, please just tell me. I’m not a newfag but I’m just not as technically knowledgeable. I’ve relied on smarter anons to understand the technical side of link from the start. Please tell me

>> No.26488315

>>26488275
Fuck he's right bros
Just sold my stack

>> No.26488346

>>26488295
Oh great the larper is back. Just tell us what the OP is getting at then instead of speaking in riddles.

>> No.26488385

>>26488313
Link is adding a coordinator. Not decentralized anymore. This is massive.

>> No.26488395

>>26488267
No. Saturn.

>> No.26488397
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26488397

>>26487430
i wanted to make peepee and poopoo came out aswell

>> No.26488405

>>26488313
Literally google it dude
https://cryptomode.com/chainlink-performing-off-chain-data-aggregation-is-a-big-leap-forward/

>> No.26488439

>>26488346
Offchain Aggregators are essential for scaling as it minimizes blockchain usage and therefore cost since aggregation can be done offchain.

>> No.26488478

>>26488346
Stop looking for tech improvements on Chainlink ffs. It's successful but it's simply an ON CHAIN data aggregator for blockchains. It's a few smart contracts and some off chain json parsers to extract data before you feed it to the aggregator smart contract. Just fucking read the source code, or the whitepaper, it's barely 10 pages about the tech, it's a simple concept.

>> No.26488501

>>26488385
Don’t know what this means. I thought Chainlink was supposed to be decentralised oracles? What is an aggregator?

>>26488405
Thanks

>>26488439
Ok so is OP saying this is coming soon? Because it says version 0.7.6 which doesn’t sound very complete

>> No.26488578

>>26487430
it’s some arbitrum bullshit that was supposed to be released a month ago. ok.

>> No.26488617

>>26487430
tsigs?

>> No.26488629

>>26488501
Compiler version is just the version used to compile the smartcontract. Has nothing to do with Chainlink in this case. Version numbers don't go in the way you expect where 1.0.0 is the complete project. Rather it relates to the amount of change and compatiblity between versions. A change from 0.0.0 to 1.0.0 is big but a change from 0.7.6 to 0.7.7 is small. It allows developers to see at a glance how much has changed.

>> No.26488651

>>26487595
based faggot

>> No.26488683

>>26488629
When arbitrum out sir?

>> No.26488700

>>26488295
it was supposed to be released last month dude. it isn’t some insider secret, everyone who pays a moderate amount of attention knows about this...

>> No.26488711
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26488711

I'm muslim and the thought of pregnant sergey turns me on

>> No.26488831

>>26488267
So, based on the commit, can we expect this in the next two weeks?

>> No.26488843
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26488843

There Is ZERO way for an oracle smart contract to not perform aggregation on chain. ONE ENTITY CAN NOT BE TRUSTED TO LOAD SOME DATA ON ITS OWN.
You can aggregate off chain as much as you want, if you trust 1 node providing "offchain aggregated data" you are creating a single point of failure. So much for solving the oracle problem...
It's so fucking retarded I can't even. Sergey is literally shitting right in the mouth of its mindless followers. I respect that man so much

>> No.26488908

>>26488711
Post it

>> No.26488911

>>26488711
based

>> No.26488927

>>26488843
sounds like you don't know what arbitrum does at all

>> No.26488962

>>26488843
You ignore the fact oracles are capable of monitoring the blockchain and should the designated oracle from the aggregation fail to upload the data within a certain time frame, another oracle from the aggregation can complete the task.

>> No.26488980

>>26487734
topkek

>> No.26489001
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26489001

Check my ID, Bobo’s

>> No.26489042

>>26488843
threshold signatures anon.. each node has a part of the key but none of them have the whole thing.. only need a few parts of the key or whatever to prove it or whatever!!!

>> No.26489109

>>26488927
Not linked to that at all, you try to sound smart but miserably desu
>>26488962
You just keep forgetting that even with monitoring, a single node submitting data is a single point of failure. There is no workaround around this, it's literally mathematic

>> No.26489218

>>26488962
>>26488843
>>26488927

can u guise explain this in a way that my 75 IQ will be able to understand. please help im literally australian

>> No.26489236

>>26488962
This system won't ever be used for critical data (in all smart contract chainlink usecase..) because it would just let the error rate become way too high. We both understand that.

No need to lie to ourselves, make literally 87k out of LINK since last year, but the team is just finding ways to justify continuous development and having massive amounts of Linkies. Again, gg to Sergey, he knows the game

>> No.26489298

>>26489236
why are you fudding? must be some newfag. they are already priced out

>> No.26489342
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26489342

>>26489236
What FUD is this?

>> No.26489430
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26489430

>>26488267
Moon

>> No.26489490
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26489490

>>26488711
Checked. I am a Christian man but I must say the thought of pregnant Sergey turns me on also.

>> No.26489616

>>26488267
LinkHound and ChainlinkGod had interesting conversation today about old contracts still being active because they act as an emergency mechanism if something goes wrong with the new contracts. So I don't think that's happening yet. The OCR transition will enable smaller deviation thresholds (0.01%), more frequent jobs though

>> No.26489631
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26489631

>>26489430
jesus.

>> No.26489663

>>26489298
Not newfag, x20ed my money thanks to good ol Chainlink.
>>26489342
I just understand simple tech. There is no innovation coming to Chainlink, 1 billion or 100 billion won't change that. It's not even FUD lmao, it's fucking facts.

MOVE ON RETARDS, literally x4ed again while you retard swing between $15 and $25 for months

>> No.26489669

>>26488267
How strong is the token dilution pressure due to the Sergey dumps really? It's only a tiny fraction of the time-frame's trading volume.

>> No.26489679

What does this have to do with the grayscale announcement

>> No.26489730
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26489730

pee pee poo poo

>> No.26489859
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26489859

>>26489663
>MOVE ON RETARDS

>> No.26489892
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26489892

Posted this in the wrong thread:
Sergey said OCR is coming soon, it will almost certainly be the next major feature update for Chainlink. He talked about it in the Solana podcast.

>> No.26489985

>>26489892
Can you explain OCR to a brainlet? Own 6k and should probably know this...

>> No.26489992

im so jealous of linkers

>> No.26489997

>>26489001
ID BULL NY
or WAX BALLS

>> No.26490063
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26490063

>>26489481
Check my thread out new breadcrumbs but I am alone

>> No.26490363
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26490363

>>26488405
Very nice

>> No.26490591

>>26489985
Off chain reporting is a scaling solution to reduce the amount of transactions going to the Ethereum chain. It’s a nice development from the team, it’s been in testing for a while now so hopefully mainnet release will be pretty soon.

>> No.26490627

>>26489236
>only made 87k from LINK last year
sorry to hear you are both a newfag and a poorfag. you had 3 years you know

>> No.26490649
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26490649

LINK fud is banned

>> No.26490673

>>26487430
it means link number go down then up
https://www.youtube.com/watch?v=xbHrwFM4ZNk

>> No.26490865

so API3 dead before it starts?

>> No.26491342
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26491342

>>26489218
>please help im literally australian

>> No.26492022

>>26490591
OCR sounds somewhat like Arbitrum. What are the differences exactly?

>> No.26492405
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26492405

>>26489430

>> No.26492540

>>26488267
how does Venus sound?

>> No.26493833

>>26488267
>Once ocr crashes these eth fees, link dilution and sell pressure drops
what does this mean for eth in the long term? Eth not needed?