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53354082 No.53354082 [Reply] [Original]

Noob here. Is it a meme or does chainlink have a future. Imo these digital coins are cringe and useless irl

>> No.53354121
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53354121

>>53354082
Its not a meme.
Chainlinks decentralized Oracle Network is the only way to get offchain data in a tamperproof way into the Blockchain so Smart Contracts on trustless Blockchains can perform without having a single point of failure. Token is needed for every Service that the DON provides.

>Imo these digital coins are cringe and useless irl
for now, its still very early for this technology. invest early and make it when the tech reaches maturity and the mainstream markets.
If you dont understand why Blockchains are important you should read up on Triple entry accounting.

>> No.53354134

https://magicoracle.link/question/13123126003211455860972429494735800121194977755730759958720182887613724724411
the oracle has spoken

>> No.53354923

>>53354082
just look at the chart, there are no fundamentals in crypto. if there were, nobody would buy link: they use all their funds to write code under a license that allows every competitor to copy it and receive free updates as well. if you buy their token, you finance this charity. i mean, maybe if you could print out the token and make it into a pretty "i donated" badge it could be fine i guess

>> No.53354944

>>53354121
>the only way to get offchain data in a tamperproof way into the Blockchain
Cool. It'll only cost a cup of coffee + eth mining fee to check the weather from 45 minutes ago.

>> No.53354995

>>53354944
>It'll only cost a cup of coffee + eth mining fee to check the weather from 45 minutes ago.
Avalanche solves this with Subnets (customizable virtual machines) and its new consensus protocol, which is leaderless and basically works by repeated subsampling, instead of electing a leader and talking to every validator a block can be proposed at any time. The finality is Sub Second because of this.
basically Avalanche solved the Blockchain trilemma and now DLT is cheap and extremely fast.
you should go read the whitepapers, its like buying Ethereum in the early stages.

>> No.53355402

>>53354995
>whitepapers
You know a whitepaper is magazine print advertising with technical jargon thrown in, right?

They originate from companies selling scam shit by sending a whitepaper to a sales department, so they would in turn pressure the engineering departments into buying junk they don't need.

Modern whitepapers are spun up advertising documents, littered with crypto babble, that present rube goldberg style solutions to manufactured problems, and they always present both the problem and solution as something a large market segment will be interested in. In reality, the problem didn't even exist, the solution is slow/ expensive/ convoluted, and nobody on earth will pay you money for your tokens for the usecase presented in the whitepaper.

>> No.53355451
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53355451

>>53355402
congratulations anon you figured it out after all these years it's impressive to say the least

>> No.53355800

>>53355402
not these whitepapers, they are the only real ones, now go read them. or stay retarded and ngmi. up to you.

>> No.53355910

>>53355800
>please read the long form sales pitch that I fell victim to and buy my bags
No thanks. I'll make another years pay doing nothing by buying brand new scams, with brand new whitepapers, right before the next halvening. Enjoy holding your turtlecoins 2 electric boogaloo through the cyclical controlled burn.

>> No.53355956

>>53354082
This guy is shooting pretty low.

Security guard in the back on the other hand could go partner look with her.

>> No.53355999

>>53355910
ngmi