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/biz/ - Business & Finance


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51066677 No.51066677 [Reply] [Original]

>link holders in 2025.

>> No.51066692
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51066692

>>51066677

>> No.51066727
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51066727

>>51066677
>that csi episode where they found a bunch of smashed watermelons in an abandoned home frequented by a group of kids
>turns out they were planning to murder another kid with ball-peen hammers and were using the watermelons to larp before the big day
i think we're witnessing premeditated murder

>> No.51066733

>>51066677

"DTCC is the owner and method of accounting for american stock shares. Retail investors have a relationship with brokerages who have a relationship with clearing houses who have a relationship with the DTCC who is the final accountant for trades and ownership. Basically the stock market is completely centralized in one entity, the DTCC. Obviously operating in this manner where they have 2 levels of middlemen between them and investors is very inefficient, but they do it in order to ensure proper accounting, to make sure physical stock certificates cannot be stolen, destroyed, lost, or counterfeited, and so that they can sanction or seize these assets when required to. The DTCC wants to modernize and use crypto to do it. They're tokenizing their assets (the entire american stock exchange), and those assets and their transactions will be secured by smartcontracts which are secured by chainlink nodes. DTCC will be speaking at smartcon next month.

What this means is that chainlink nodes will earn a percentage off of the daily trade of the entire american stock market. This creates a baseline level of daily jobs and node rewards for chainlink node operators, which means node operation will be profitable. The more jobs the more profitable the network is and the more passive income earned by stakers, as well as creating a daily buying pressure for DTCC clients to buy chainlink off the open market to pay node fees. Which means the number will go up."