/biz/ - Business & Finance

[Anonymous No.51556139]

Chainlink’s first digital identity and regulatory service node is being built

https://github.com/EverID/everest-chainlink-consumer/blob/develop/test/everest_consumer.js

[Anonymous No.51556239]

>>51556139
>Chainlink
muh json parser

[Anonymous No.51556276]

>>51556139
Finally something interesting to use Chainlink for other than price feeds. Some people out there are going to absolutely rope when they realize how far ahead Everest is on this while all the competitors are still doing POC.

1 LINK = 1 ID

[Anonymous No.51556508]

>>51556276
Price feeds alone can only ever be a shitcoin Casino.

[Anonymous No.51556514]

>>51556139
Why should I care about this?

[Anonymous No.51556542]

>>51556276
>Finally something interesting to use Chainlink for other than price feeds.

So Ari is going to finally get his escort age verification?

[Anonymous No.51556547]

We made it lads

[Anonymous No.51556603]

>>51556139
I can tell that this code was shit out by complete amateurs. No self respecting F500 enterprise would ever use this. There is simply too much value in having centralized systems that companies/governments can use to harvest your data.

[Anonymous No.51556616]

>>51556139
>6.93

[Anonymous No.51556686]

>>51556514
Are you a brainlet or do you just live under a rock and not understand how on chain regulatory compliance for crypto and traditional sectors is going to create massive wealth for Chainlink that doesn’t depend on DeFi ponzis?

>>51556603
Oracle is going to use this node and already partnered with the company building it.

[Anonymous No.51556710]

>>51556139
oh muh gerd we might pump to $7 on this discovery muhreeens!

[Anonymous No.51556726]

>>51556603
>thinking you can't still do data collection and now the F500 are able to offload the dataset to the chain and onto the backs of the Identity holder (with their approval).

They are already working with Oracle, ADB, WorldBank, and UN for KYCAML
https://ibsintelligence.com/ibsi-news/everest-partners-with-oracle-financial-services-a-leap-forward-for-traditional-fis-to-adopt-blockchain-based-technologies/

https://events.development.asia/system/files/materials/2019/06/201906-digital-kyc-solutions-everest.pdf

and Oracle is tracking everyone
https://www.extremetech.com/internet/339027-oracle-faces-class-action-lawsuit-over-tracking-5-billion-people

[Anonymous No.51556747]

>>51556603
LinkPool Developer seems to disagree, complimented the code while only giving a few optimization suggestions.

[Anonymous No.51556935]

>>51556747
wait so they actually did build it and are doing things? I thought that was a meme

[Anonymous No.51556984]

>>51556139
Finally

>>51556508
Wrong. They do more than price feeds

>>51556547
Cheers I am glad

>>51556603
Ask me how I know you’re wrong

>>51556726
>>51556710
This

>>51556935
>he fell for the meme
No one understands the tech anymore; least of all the nulinkers

[Anonymous No.51557054]

>>51556984
I'm not a nulinker you LARP

[Anonymous No.51557090]

Javascript is such cancer. Anyone who codes in js please either learn a real language or just die. Thanks.

[Anonymous No.51557122]

>>51556686
>>51556726
>>51556747
>>51556984

[Anonymous No.51557121]

>>51557054
No one called you a Nulinker you don’t have to be so touchy

>>51557090
JS runs Web3 you are cancer

[Anonymous No.51557369]

>>51557122
checked and pending

[:^) No.51557808]

>>51556747
hmmm... so they are using Linkpool NaaS?

Will we be getting a cut of this action?

[Anonymous No.51557834]

Sorry but the ID token is not needed.

[Anonymous No.51557841]

>>51556139
Glad to see how the impact of this news has on its price.

[Anonymous No.51557866]

>>51557808
Yes Everest will run a Link node for identity https://www.chainlinkecosystem.com/ecosystem/everest

ID gets burned for every KYC tx fee & the Link node would have to pay in Link to transmit across the network

See here
>>51556547

[Anonymous No.51557889]

>>51557808
I don't know for certain if they are integrating their node into Linkpool, this does signal there is a chance.

In either case the node's utilties will be paid for in both $LINK and $ID, so there will be an overall effect on Link's circulating supply.

[Anonymous No.51557984]

>>51557834
It is required and the fees are valued in USD and paid in ID then partly burned

Think:
Step1) On-chain debit & bank purchases on/off
Step2) identity and KYC checks embedded in all your favorite DEXes and dApps
Step3) step1 allows for the automated purchase and burning of ID using step 2 dApps and validates the transaction.
Step4) Every CEX/DEX has to have AML/terror checks before each on chain transaction and this automates the process, establishes identity and validation and it requires ID

[Anonymous No.51558023]

>>51557984
Step5) integrate liquidity and transaction pools from every CEX/DEX to enable a secondary stock & futures market complete with full KYC where the wallet owner has legal ownership and custody of the assets within it

[Anonymous No.51558101]

>>51557841
>do you smell that, what’s that smell
>opportunity
>no anon, you retarded nigger, I smell money

[Anonymous No.51558165]

>>51557984
If remittances are used it uses ID & XRP

Aug 4 Bitso announcement
https://www.crowdfundinsider.com/2022/08/194425-everest-teams-up-with-bitso-to-support-cross-border-payments/

Aug 5
https://www.cryptopolitan.com/xrp-move-from-bitstamp-to-bitso-7k-batches/

https://azcoinnews.com/unusual-xrp-transactions-keep-happening-around-bitstamp-bitso-and-unknown-wallets.html

And Sep 13 their newsletter said “Improvised Fiat to Token (improved speed of “Buy” functionality using Bitstamp/Ripple/FTX)

[Anonymous No.51558195]

How do we feel about $6.66 Satan support?

[Anonymous No.51558275]

Link to $66.6
ID to $6.66

Handshake emoji

[Anonymous No.51558409]

>>51558195
feels great considering it has nothing to do with satan. looking forward to the $66.6 support

[Anonymous No.51558433]

Ummmm anon?? Is this the coin you are talking about? If so... Haha, like... Why do you care? No offense but, well... How do I put this... Yep... It's kinda, ummm not very good, y'know? Pal, if I was you I'd be looking for another asset to buy, ifyoucatchmydrift...

[Anonymous No.51558448]

>>51558433

[Anonymous No.51558607]

So, buy ID and watch is miss the next bullrun together with link?

[Anonymous No.51558810]

>>51556139

remember kids, 1 billionmcap is 10 dollars

[Anonymous No.51559027]

>>51556139
So linkers are so desperate the developers are attempting to copy dfinitys ideas. Kek you faggots are gonna rope if you haven’t invested in icp.
They’re are so far ahead all the crypto it’s not even funny anymore.

[Anonymous No.51559071]

>>51558810
Until team dumps their 800mill tokens

[Anonymous No.51559619]

>>51556139
The project building this node has an unannounced partnership with Ripple

[Anonymous No.51559708]

>>51559619
that is just speculation don't propagate rumors

[Anonymous No.51559741]

>>51559708
What makes you think I am speculating

[Anonymous No.51559748]

>>51557369
How is everest a trojan horse and not just a tool for 1984 distopia?

[Anonymous No.51559773]

>>51559741
>>51559619
larper

[Anonymous No.51559778]

So what’s this mean?

[Anonymous No.51559823]

>>51559778
it means nothing fuck off

[Anonymous No.51559861]

>>51559619
singapore

[Anonymous No.51559870]

[Anonymous No.51559935]

[Anonymous No.51560052]

>>51557841
>>51557866
token not needed

[Anonymous No.51560150]

centralized piece of shit

[Anonymous No.51560250]

>>51559619
>handed out by BRI agents
wtf is BRI?

[Anonymous No.51560422]

>>51560250
BRI is a giant Indonesian bank, owned by the Indonesian Government.
https://en.wikipedia.org/wiki/Bank_Rakyat_Indonesia

Indonesian Government + ID2020 partnered with Everest for their initial Pilot PoC back in 2018:
https://www.globenewswire.com/news-release/2018/09/14/1571269/0/en/Everest-ID2020-and-the-Government-of-Indonesia-TNP2K-Secretariat-Announce-Innovative-Identity-and-Blockchain-Pilot-Solution-to-Enhance-the-National-LPG-Subsidy-Program.html

[Anonymous No.51560465]

>>51556603
This is the most desperate fud I've read all month and thats saying something in this shithole.

[Anonymous No.51560497]

>>51560422
second largest okay
Total assets
Increase Rp 1512 trillion (2020)
Total equity
Increase Rp 208.8 trillion (2019)

thanks

[Anonymous No.51560644]

Very interesting. Obviously we’re heading towards mandatory kyc and Digital ID. I think what Everest is building is necessary for crypto.
I’ve seen in the tokenomics that there are burns, could someone tell me when will the burns be activated ? I understand it’ll happen when they generate a massive revenue, any time frame?

[Anonymous No.51560706]

>>51560644
Currently token burn is being done manually, but that will change as more development happens and they move from testing stage to production.

[Anonymous No.51560790]

>>51560706
Nice
Btw I just signed up and created my biometric everest wallet. Crazy to know that my seed phrase is my face.

[Anonymous No.51560844]

>>51560790
Gain 50lbs and tell us if it still works.

[Anonymous No.51560859]

>>51560790
It is like a ledger and you can link your metamask MEW wallet to it for tx and account balance.

It is called MPC
https://medium.com/openware/what-is-multi-party-computation-mpc-c108ca10e15d

[Anonymous No.51561204]

>>51560790
So your account can be opened by your face even when you're dead or under threat? What a wonderful idea.

[Anonymous No.51561327]

>>51561204
no it requires a liveness check, and a pincode. that is like being upset someone could steal your phone and copy a pssword. this at lesst requires you to be alive, blink, recive text or MFA auth, and know your pin. right now it is alpha and they have the ability to turn other biometric authorization on as Multiauth but after 21 nodes are then it would require the foundation + a percentage of key holders to vote for a change

[Anonymous No.51561358]

>>51556139
They are working to unlock my EverWallet but it is still in hodl mode unfortunately

maybe i should shave or something

[Anonymous No.51561962]

>>51556139
Finally starting to feel comfy

[Anonymous No.51562206]

>>51561358

[Anonymous No.51562541]

>>51562206

[Anonymous No.51563328]

>>51557984
>identity
I went through this and I seE that ORE protocol and EZchain are more seamless and simplified, good initiative though.

[Anonymous No.51563418]

>>51560859
How does this align with the soul bound token idea Ethereum wants to implement in the future?
I always have this fear of losing my wallet or getting robbed.
Would this solve that issue?

[Anonymous No.51563761]

>>51563418
You may check with ORE protocol retard, with a single password I can access my blockchain wallets across multichains.

[Anonymous No.51563936]

>>51563418
The Ethereum Foundation gave Everest a grant to develop their product and Virgil Griffith was an advisor before he got locked up. Vitalik hates anything that's related to Chainlink though so maybe he'll ask Uniswap if they can build a competing product.

[Anonymous No.51564012]

>>51556547
holy shit token is needed, this changes everything

[Anonymous No.51564019]

Bump
Good thread

[Anonymous No.51564078]

>>51556547
Based. This will be the perfect response to all "token not needed" fudders.

[Anonymous No.51564208]

>>51556547
cope. token not required

[Anonymous No.51564327]

>>51556139
I think privacy projects are plum for me atm

[Anonymous No.51564504]

>>51563328
those sound like some nice unregulated projects there ahmed

[Anonymous No.51564518]

>>51564208
it literaly says token(required)

your argument(invalid)

[Anonymous No.51564621]

The sheer tokenomics of Everest alone guarantees that one day 1 LINK = 1 ID. There are only 800,000,000 ID tokens which will be systematically burned by usage of features on the Everest platform, i.e. regulatory compliant KYCing. Not to mention every single institution in crypto and the legacy world wanting to onboard into DeFi will be forced to stake 250,000 tokens if they want full access to the features of Everest. It is not only well within the realms of possibility that 1 LINK = 1 ID given these tokenomics compared to Chainlink’s 1,000,000,000 model - it is an eventual guarantee. By the will of Kek and the All Father, this manifestation is destined to take place. Even if it takes Chainlink dumping further.

[Anonymous No.51564924]

>>51556547
Token is sneeded

[Anonymous No.51565039]

>>51564621
But chainlink is needed for shit tons of other stuff so there's no way 1 Link = 1 ID

[Anonymous No.51565128]

>>51565039
Their cooperative synergy will create endless potential.

1 Link = 1 ID

[Anonymous No.51565136]

>>51565128
these are so good

[Anonymous No.51565187]

>>51562206
>>51562541
BOB is a demon desu, chainlinktonight is the harbinger of death

[Anonymous No.51565203]

>>51557122
nobody refuted your point about how centralised systems are more appealing for data mining reasons. Chainlink is trying to put aeroplane wings on a car

[Anonymous No.51565218]

>>51565187
you are not wrong.
The mark of the beast is real

[Anonymous No.51565234]

>>51565203
this way with Everest you get paid for your data being mined and have the ability to consent to it and own the data; sharing only a True/False ZKP answer to basic questions about your location, age, and more

[Anonymous No.51565272]

>>51565234
any document, certificate, attestation or attribute related to you, your identity, your business can be remotely verified True/False through ZKP using Everest and you retain the ownership of tour data unlike other KYC providers that claim to be decentralized... every aspect of Everest data is on the chain with each individual attribute stored seperately and encrypted at rest and in flight.

it will be available to be sold by the holder or dApp provider on data marketplaces like Ocean and more.

securely share personal data and enable DAOs to have a True Vote instead of whales with sock puppets. Whales will now need to have an identified person with a paper trail if they want to manipulate DAO votes.

[Anonymous No.51565393]

>>51556547
Mainnet has been like this since the very first day.

[Anonymous No.51565401]

>>51565218
watch this series to understand BOB and the clown symbolism.
https://youtu.be/NYbJNdxyu5Y
~11 minutes in flannel shirt is mentioned too
BOB pops up in so many places it is fucking weird. The Church of the Subgenius is an interesting parody religion but BOB and his symbolism is everywhere and people seem to be in the know and pushing it for unknown reasons.

I think the shriner masons dress like what we understand to be clowns because those clowns have the power to change fate and save the children. or maybe it is to prepare the children for these machine elves dmt jesters when they die.

[Anonymous No.51565539]

>>51556547
REQUIRED doesn't mean NEEDED, sorry sweeties
token required but NOT NEEDED

[Anonymous No.51565592]

>>51565539
>REQUIRED doesn't mean NEEDED
but thats wrong stupid.

[Anonymous No.51565734]

>>51565539
oh no he's retarded

[Anonymous No.51565988]

>>51556747
>cancel request
>cancel token required
>token not needed

The token was only needed for testing and in the final implementation it is no longer needed

[Anonymous No.51566009]

>>51556547
TOKEN REQUIRED

[Anonymous No.51566045]

>>51565988
token needed for collateral, fines, payment, and node operation

[Anonymous No.51566103]

>>51556139
LMAO @ the everest paid shills in this thread trying to ride links popularity, just kek

[Anonymous No.51566140]

>>51556139
Gay fagot service that will enslave anybody, oh well at least i will get rich. Fuck chainlank for real, the blackpill is very hard to swallow. The block chain will be tamed and so will the people using it.

[Anonymous No.51566150]

>>51566103
The Identity problem is real and Everest is the only one doing something at this level and scale other than PoCs doing individual attributes which Everest can offer a la carte for a lower price while enabling them to have all Everest Network benefits.

Many of which require a regulated stablecoin, Actual Identity for individuals + businesses. Link is one layer, Everest is the next, and these are the foundations for the 4IR

[Anonymous No.51566162]

>>51557984
>identity and KYC checks embedded in all your favorite DEXes and dApps
>Every CEX/DEX has to have AML/terror checks before each on chain transaction and this automates the process, establishes identity and validation and it requires ID
Imagine writing this and not puking all over your monitor. God smite control fags, kill them all and kill them fucking good, kill them dead man, for real open up the vault of sorrow

[Anonymous No.51566179]

>>51558023
>legal ownership and custody of the assets within it
KILL YOUR SELF FAGOT

[Anonymous No.51566190]

>>51566162
cope, seethe, and KYC.
How else do you expect regulated automated business transactions to take place?

go use monero or some gay token

[Anonymous No.51566217]

>>51566190
>regulated automated business transactions to take place?
boot lick fagot nigger you are a fed or a paid shill. eat sh fagot trany, captha calls you a fuken fag. nobody wants what you are selling. talk about this on a irl blochain meeting and ill put a bullet in your KYC'd fagot face

[Anonymous No.51566236]

>>51566150
Alright, that does sound profitable.

Where can I buy Everest token? Should I even consider buying Everest when links an option?

[Anonymous No.51566245]

The biggest redpill is that trannies are a psyop to make 4chan users and specifically link holder’s lives unbearable.

[Anonymous No.51566253]

>>51566217
you realize your banks have the exact same requirements for KYCAML right?

You can't run a business on Anonymous x Anonymous transactions you mentally deficient dunce. do you walk into banks and cuss out the teller for asking for ID to check your individual account?

You are beyond stupid and don't even deserve to hold ID let alone know it exists. fuck off back to your tether monero shitcoins and have fun getting regulated.

[Anonymous No.51566265]

>>51566236
>>51566150
kys samefag
fuck off chainlinktonight
>>51566245
this.

[Anonymous No.51566268]

>>51566236
ID has more upside potential and is on uniswap but Link is gold and you should have a suicide stack of both or if you want to run nodes of both and provide 3rd party custom services that is an option.

[Anonymous No.51566277]

>>51566265
wrong again bucko cope and seethe

[Anonymous No.51566284]

>>51566140
Chainlink was always about survival in the upcoming globohomodystopia

[Anonymous No.51566315]

>>51556139
If token isn't needed for chainlink then token definitely isn't needed for service that uses chainlink

[Anonymous No.51566341]

>>51566268
Alright nigger you’re not overtly shilling so I’ll take a look at it and see what’s up. The memes are nice though, more racism and misogyny would make them more convincing though.

>>51566265
kys nigger, you already know it’s a paid shill post, just take a look at the tech to see if it’s promising

[Anonymous No.51566367]

>>51566341
>more racism and misogyny would make them more convincing though.
well you're in luck faggot

[Anonymous No.51566593]

>>51566341

[Anonymous No.51566618]

>>51560644
>>51560706
but is the token unironically needed for kyc and digital ID..?

[Anonymous No.51566624]

>dude just buy this low volume low liquidity dead Uniswap shitcoin and then use this Everest wallet on the Everest chain on the Everest platform to scan your Everest identity to send this Everest stablecoin while using Everest ID coins to another Everest wallet, the future of finance bro institutions will start doing the same any minute now bro

[Anonymous No.51566677]

>>51566618
Yes it has checklists, as well as being a governance token for the Everest DAO itself. Fees are valued in USD, and paid in ID. pic related for fees and burn. every remittance used, dex wallet check, kyc, and SDK/API operation will use a dApp owner's bank or debit account to purchase on-chain ID, Link, etc to fund an transaction. all of the transactions enabled by the programmable stablecoin CRDT which is only on everchain and they have a wallet garden that connects markets of CEX, DEX, stock, commodities together which will allow trading and legal ownership of the assets.

>is the token unironically needed for kyc and digital ID..?
yes

>>51566624
no one wants you to buy it you need to go buy doge and delete your metamask

[Anonymous No.51566767]

>>51566677
is this official documentation from Everest?

[Anonymous No.51566787]

>>51566767
It is unofficial images taken from official text in articles and AMAs

[Anonymous No.51566915]

>>51556139
It's just an external adapter bro, if I write 20 lines of code for getting pornhub video stats will you be creating threads about "Chainlink's first porn node"?

[Anonymous No.51567038]

>>51566915
does your external adapter have an MFSA license?

[Anonymous No.51567063]

>>51556547
>"We really like this functionality but we have no interest in using, buying or holding cryptocurrencies, in fact, it would be almost impossible to do it in compliance within the existing regulatory framework."
>"Oh no problem, Mr Rothschild, all we have to do is change one line of code to USD CBDC"

[Anonymous No.51567085]

>>51556603
>I can tell that this code was shit out by complete amateurs. No self respecting F500 enterprise would ever use this

No of course not. Like everything in crypto it exists only as a selling point for some crappy coin.

[Anonymous No.51567102]

>>51560052
>token not needed

oh the token is needed, how else are people going to make money from nothing

[Anonymous No.51567114]

>>51567038
>external adapter have an MFSA license
LMAO horseshit.

[Anonymous No.51567120]

>>51556139
Who gaf about LINK, only a handful of hopium toasty brats.. besides why would I?
When the likes of Alliance block have on to sophisticated products, Fundrs ( Decentralized capital market) is out to chase out fags VC outta Web3 funding space

[Anonymous No.51567130]

>>51567085
Some real shits hear.
>>51566677
Top of my head would think Trustless identity verification feature satisfy all this paragraph

[Anonymous No.51567146]

>>51566341
the absolute state of everest niggers

[Anonymous No.51567151]

>>51567063
More reason why projects needs to have regulatory Infrastructure in place.. exactly what Alliance block is building so other projects could pitch in and utilise such features to avoid been under scrutiny by enforcement