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

/biz/ - Business & Finance


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29945553 No.29945553 [Reply] [Original]

Why not just make an open source API on github and call it a day? Traversing a blockchain isn't particularly compute intensive and can happen clientside. Also, GraphQL has mostly fallen out of vogue because security is difficult and REST APIs are easier to document and normalize.

There is inherent value in the chainlink network because of node reputation. GRT doesn't need to establish trust, it just needs to convert data from one format to another. If the library was clientside then you could validate its output yourself.

The entire BTC blockchain throughout all its history is only ~300 GB. The entire ETH blockchain is ~1.5 GB. I've worked with larger git repos, where traversing the entire merkle tree only takes about 30 seconds on a reasonably powerful computer. GRT: Literally just Grep As A Service(tm)

>> No.29945675

>>29945553
I'm admittedly a newfag, but I definitely see the longterm potential of GRT. I know dips and hard times come with the territory, but I plan to continue investing until I have enough to delegate then hold for years.

>> No.29947334

>>29945553
Because it's a problem that grows increasingly complex the larger the block grows. Indexing it becomes the smarter use of resources. Indexing costs server resources. It's cheaper to just pay the query fee.

>> No.29947973

>>29945553
because then you couldn’t sell retards a token that you created for free

>> No.29949203

>>29945553
this is literally all pasta jesus christ what is going on, I need more GRT

>> No.29950333

>>29945553
FUDding intensifies day after day,
Strong buy signal

>> No.29950417

>>29950333
Checked.
Also why even bother with “nobody will use it” fud on a project that serves dozens of clients and billions of queries a month already.

>> No.29950480
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29950480

GRT a shitcoin

>> No.29950585

>>29950333
Checked

>> No.29950737

>>29950480
I give this image like 35% of the credit for me buying at $0.33