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/biz/ - Business & Finance


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File: 1.36 MB, 1921x1079, 2023-09-24 18_35_49-Chainlink Is Making Strides in Capital Markets _ Sibos 2023 - YouTube.png [View same] [iqdb] [saucenao] [google]
56184759 No.56184759 [Reply] [Original]

So since we know that it's happening, how long is it going to take the banks to launch their own use cases and products using CCIP?

And how long will it take the link team to facilitate those products?

Please ignore fud and other spam posts, it'd be great to actually discuss timescales and how you anons see this unfolding over the next few years

>> No.56184809

>>56184759
I'm 26 and if my 9k link doesn't allow me to quit my min. wage job by the time I'm 30 I'm gonna lose it.

>> No.56184818

>>56184759
with upcoming smartcon, there could be a possibility of a partner announcing launch of use of chainlink services i.e. Hong kong. If the insider/larp turns out to be true could be as early as 2024 financial institutions go live.

I think link team is already in the process of facilitating financial products if not, developing procedures through the POC currently being done by SWIFT, DTCC, ANZ, etc.

Im expecting 2024-2026 we'll have partners on boarded. I strongly believe by end of decade network will be mature with users, so before that.

>> No.56184846
File: 132 KB, 800x800, tokenizationqueen32424awstw3qtg.jpg [View same] [iqdb] [saucenao] [google]
56184846

>>56184759
>how long
around 3 to 5 years.
>the banks to launch their own use cases and products using CCIP?
first they need to launch their own Blockchains (using Avalanche Subnets) and then tokenizing their Assets + all the data (associated with all the usecases) recorded on chain such that all the back/middle office processes to reconcile the data are disintermediated.

>> No.56184855

10-15 years.

>> No.56184868

>>56184759
First millions, then tens of millions, then hundreds of millions, so on and so forth.

I'd image pretty low volume at first (see CCIP) but this is literally the launch. The testing has been done, the assets are going on chain and you're going to see Link go from $6 to $1000 over the next 10 or so years.

>> No.56184875

>10 more years is the most bullish scenario
how the mighty have fallen

>> No.56184891

that's all great for sergey, but will it increase the token price?

>> No.56184977

>>56184846
They don't have to move everything.
They can start with a new product and progressively move more assets to their blockchain.
Eco friendly NFTs and some bonds are a good example for this first use case of the ANZ.
We should see the first real uses next year.

>> No.56184984

i just took a fat shit outside tim hortons

>> No.56185005

Peak demoralisation fread. Still buying or sorry does that upset you

>> No.56185090

>>56184875
if chainlink price grew on average 4.2% every month for 120 straight months (63.8% annual growth for ten straight years), we'd be at $1000 in october 2033. Slower than the 6% average growth to get from $0.11 in Sept 2017 to $7.00 in 2023. Just as the final staking release in 15 months projects will have been "on boarded" and if companies haven't caught on then they will officially be behind. we'll see an explosion of price growth, I think, in the next 24 months because we'll start seeing numbers (usage & fee collection) and also see how quickly they are growing. but even getting to $200 or $400 will be an amazing accomplishment and they may still be several years away.

>> No.56185098

>>56184984
based

>> No.56185117

>>56184759
Well considering we are starting to get confirmations of link secretly working with banks and other FIs for years, I wouldn't be surprised if they already pretty much have everything built and are just waiting for some legal thing or just polishing stuff up. I'm really hoping next year is the year.

>> No.56185120

>>56184759
Fudcucks in masks in this thread.

>> No.56185178
File: 86 KB, 815x570, FwrRmrPWYAMLuKV.png [View same] [iqdb] [saucenao] [google]
56185178

>>56184759
citi bank already has a pilot going on with CCIP.

https://www.citigroup.com/global/news/press-release/2023/citi-develops-new-digital-asset-capabilities-for-institutional-clients

CCIP for all financial markets dtcc etc is going live in may 2024

>> No.56185278
File: 173 KB, 1411x942, Citigroup connection.jpg [View same] [iqdb] [saucenao] [google]
56185278

>>56185178
>citi bank already has a pilot going on with CCIP.
The Citi connection runs Deep with IC3

>> No.56185288
File: 99 KB, 1574x961, citi1.jpg [View same] [iqdb] [saucenao] [google]
56185288

>>56185278
and of course Morgan Krupetsky which is Director of BD for Institutions & Capital Markets at Ava Labs has been previously working for Citi for 11 years.
Now she shills Tokenization not only to Citi but to every other Bank.

>> No.56185319
File: 410 KB, 1493x1549, ANZ and Ava Labs.jpg [View same] [iqdb] [saucenao] [google]
56185319

>>56185288
ANZ for example is not only working with Chainlink but also with Ava Labs.

https://youtu.be/hMx5OG3zUzo?si=GuATRel682jNknvl

>> No.56185373
File: 57 KB, 1185x191, Bank of America.jpg [View same] [iqdb] [saucenao] [google]
56185373

>>56185319
Bank of America is also going Balls deep into Avalanche after John Wu shilled them back in '21
https://rsch.baml.com/access?q=uWRsQMRqb1El910WNhiH6g&ps=true&pv=validated

pic related is from a more recent report from july this year:
https://rsch.baml.com/access?q=s-i517792VNkDKydHLEioQ

>> No.56185391

>>56184759
Uh, anon? That won't happen, it's easier to see spotify or netflix implementing pond tech than banks implementing link

>> No.56185394

>>56185391
pond is useless, chainlink isn't

>> No.56185403

>>56184846
I'd say 5 to 10 years at best

>> No.56185406

>>56185391
Kek, no mainstream app or platform will ever do that

>> No.56185412

>>56184759
>He's brown
Won't listen

>> No.56185416

>>56185391
Cope Suresh, your nigger coin won't make it

>> No.56185462
File: 803 KB, 777x777, 1639343819746768.png [View same] [iqdb] [saucenao] [google]
56185462

I like frog

>> No.56185520

>>56185178
>>56185288
>>56185319
Very nice!

Is there something special with Avax?
The instant finalization of the operation making CCIP transfers faster?

>> No.56185538

>>56184809
I was 29 when I started stacking Link and I wanted to "make it" and "quit my minimum wage job" before turning 30 too. I just turned 35 two weeks ago.

However, I spent that time also improving myself and my skills and I've /madeit/. Not thanks to Link directly, but thanks to getting a cozy 6 figure job because of my interest in Software, thanks to Link

>> No.56185566

>>56184759
YEARS YOU FUCKING RETARDED FAGGOT these corps move so fucking slow

>> No.56185599

>>56184759
Chainlink is a software company with an illegal security masquerading as a funding token, and they're offshores in the Caymans to avoid US laws.

NO ONE is going to be doing any business with a quasi-legal entity like this.

>> No.56185610
File: 115 KB, 1147x1164, 16 trillion in OCA.jpg [View same] [iqdb] [saucenao] [google]
56185610

>>56185403
according to the Boston Consulting Group (which is one of the "Big Three", the world's three largest management consulting firms by revenue) and the World Economic Forum it wont take that long and they expect at a minimum 16 trillion in OCAs by 2030.
in the best-case scenario the tokenization potential is at around $68 trillion Dollars by 2030.
pic related.
Source:
https://www.bcg.com/publications/2022/relevance-of-on-chain-asset-tokenization

>>56185520
>Is there something special with Avax?
the extremely fast and scalable Consensus protocol is just one piece of it, the other is the Subnets and this is what makes Avalanche so attractive to Tradfi.
Now they can launch their own fully customized Blockchain (any Virtual Machine they want) in a matter of minutes (kinda like deploying a new server on AWS) and it can be instantly hooked up to any Chainlink Service.
You can think of it as "Blockchain as a Service" and it abstracts away a lot of things that Banks and Institutions dont want to deal with.
Another thing that makes Avalanche special is that like Chainlink its coming out of IC3 and as we have seen with Chainlink, the IC3chads can get their foot into any door. Like Chainlink they were chosen.

>> No.56185691

>>56184759
I think before we see huge returns from generated fees from CCIP etc we'll see a wave of speculation as the penny begins to drop with retail customers who will realise xrp, qnt etc are all fucked now and will flip to Link. The fact we're getting 4.75% plus Build rewards will be an additional incentive to hold buy and keep hold of Link, until such times as rewards are earned from staking proper. A lot will depend on what comes out of Smartcon. If there's any big news, we could see a big leg up

>> No.56185779

>>56184809
What will actually happen is that you'll be 29 and won't really care anymore, then you'll turn 30 and be like "I'm glad I'm not as poor and buckbroken as the other 30yos" then you turn 31 and realize that your life doesn't stop and 30 and then realize all the things you could have been doing at 26 that would improve your life or even just give you some good memories to say "yeah life not so great now but when I was 26 I had the world in my hands". Scooby dooby doo.

>> No.56185833

>>56185610
I didn't study L1 technology a lot.
I thought that it was supposed to be easy to create your own blockchain.
The L1 competition 2 years ago was also about creating this alternative to ETH.

Every chain should have the ability to run a sub-net to some extent.
According to you Avax did it a lot better than the competition and seems to have focused like Chainlink on the banks which now manifests into a big adoption.

Do you have a price estimation for Avax based on adoption by banks?

>> No.56185841

>>56185178
t+1 settlement integration has very little, arguably nothing, to do with link (or crypto in general at all).

DLT is t+0 (essentially instantaneous) ... the CDS migration timeline you have posted is misleading if you're attempting to make it seem like it has something to do with link.

OG here, never selling, and i think we will see the first steady steps of actual big boy integration and actual use soon (within a year) and then more and more once the staking full version timeline matches up with more users.

Macro economic factors are real, though they might yet work in our favour (being the justifying narrative for a more efficient system / an overhaul ) .

>> No.56186004
File: 394 KB, 2484x1050, 1691126977253651.png [View same] [iqdb] [saucenao] [google]
56186004

https://youtu.be/C-hxya9rZ4U&t=669
listen here, i think we might even get an anz-chainlink announcement at smartcon
"a retail brand with a lot of association with a c"
any ideas?
in australia

>> No.56186240

>>56185538
pathetic stinkie larping that he made it cuz he has some gay software job :} you love to see it

>> No.56186263

>>56185538
Bot post

>> No.56186276

>>56184846
>using Avalanche Subnets
yeah, you just lost all credibility sweetie
good try tho

>> No.56186283

>>56185779
You do not have "the world in your hands" when you have no money. That is not how it works.

>> No.56186298

>>56186283
another dumb young person who doesn't understand that youth is worth more than any dollar amount. you'll learn soon enough, but it'll be too late of course :}

>> No.56186454
File: 184 KB, 1100x667, sochill.jpg [View same] [iqdb] [saucenao] [google]
56186454

>>56185833
Avalanche is a huge paradigm shift (in many ways) and they have learned from mistakes of their predecessors and their "competition" and made the entire Platform as modular as possible so anything can be build on it in any language.
The other big difference between Avalanche and other L1s is that thanks to the leaderless Consensus protocol, Avalanche can scale to millions of Validators while other networks use a derivative of Classical Consensus where each node has to talk to every other node so their total amount of Validators is capped at around 100.
They suffer from the so called "Blockchain trilemma" while Avalanche solved it.
Thats huge and a breakthrough on par with Nakamoto.

>Do you have a price estimation for Avax based on adoption by banks?
thing here is the adoption isnt just limited to Banks.
Central banks, Retail and Commercial banks, internet banks, credit unions, savings and loan (S&L) associations, investment banks and companies, brokerage firms, insurance companies, mortgage companies, asset managers, Fintech, accounting firms + all their Clients and Customers and more.
Ava Labs is expanding into pretty much every country, they are growing in the US, in Europe and they grow Avalanche really fast in Asia.
So yeah the entire world economy will be eventually onboarded into Avalanche Subnets and anyone having a Blockchain usecase will have exposure to AVAX one way or another and have it on their Balance Sheets.
AVAX is also hardcapped and deflationary and you need it to create/run these Subnets.
How much is that going to be worth? 9 bucks? or 9000+?

>>56186276
I havent lost anything because I dont live in your fantasy world.

>> No.56186468

>>56186454
>tl;dr: i'm an avax baggie

>> No.56186483

>>56186468
kek fuddie

>> No.56186489

>>56186483
"kek fuddie" is a link meme
as usual, all you avax retards can do is try to latch onto link. it's pretty sad :}

>> No.56186555

>>56186489
read the thread brainlet, Avalanche and Chainlink belong together.

>> No.56186563

>>56186555
that's what you'd like to think
but it is false
you're even more pathetic than link baggies, and that's an accomplishment :}

>> No.56186571

>>56186563
Listen if you think you're not making enough tips you should try changing your hairstyle.

>> No.56186573

>>56186263
Faggot post

>>56186240
seething poorfag detected

>>56186298
What is "youth"? My life has only gotten better as I've gotten older. This sounds like a post from a retarded 30 year old.

>> No.56186578

>>56186573
go back to programming your java shit, wagie :}

>> No.56186597

>>56186563
>but it is false
said who? you?

>> No.56186607

>>56186578
>go back to programming your java shit, wagie while I frantically scroll through chan boards mining (You)s. (You) see, I am better than you :}
>inb4 19 replies by this ID

Keep winning Anon

>> No.56186791
File: 81 KB, 1246x287, oragglerst.jpg [View same] [iqdb] [saucenao] [google]
56186791

>>56186607
if you are getting (You)s from butthurt fuddies it means you are doing something right.

>> No.56186928
File: 17 KB, 480x360, hqdefault.jpg [View same] [iqdb] [saucenao] [google]
56186928

>>56184759
>And how long will it take the link team to facilitate those products?
The good thing about CCIP is that chainlink doesn't need to do shit to facilitate new products on top of it - other than maintaining a functioning network. Banks will have to do al the work to launch products on it... and it won't be a lot of work. As long as they can work with swift messages (they already can and do) they're set. Everything is ready.

>> No.56186984

>>56186597
Everyone says so. Crawl back under your moldy 2x4 or your expired and ripped open box of pancake mix.

>> No.56187009

>>56186984
>Everyone says so
source?

>> No.56187064

>>56184846
Sounds like someone is tryna soft shill Metallicus

>> No.56187078

>>56187009
The chart.

>> No.56187080

>>56184891
Real questions.
I've got some LINK, and of course I hope, but it doesn't change the fact that tokenomics are soggy

>> No.56187123

>>56185391
Tbh, SWIFT have been pushing the LINK drive for several years. They disclosed collab around the time of Sibos the a couple of years back. Quant (QNT) were also there/involved with the hackathon and are involved in some other stuff re BIS and etc.

The recent drip of LINK mention in bank projects is indicative of building/testing since then. We're now getting close to production rollouts. Then there'll be some boom.

>> No.56187139
File: 52 KB, 1253x184, critical tools.jpg [View same] [iqdb] [saucenao] [google]
56187139

>>56187064
>Metallicus
as you see they arent doing much with it. They also dont have a BD team that can compete with Ava Labs which is already present on every continent forging real partnerships and serving real usecases from Tradfi to Gaming and anything inbetween.
>>56187078
on the chart to come these ups and downs will be nothing but small blips.
AVAX and LINK are the Make it portfolio of the 2020s because this is the tech that will tokenize everything.
tl;dr buy low sell high

>> No.56187219

>>56187139
>buy low sell high
with link, it's more like
>buy low, don't sell high, don't sell low, mental gymnastics for why

>> No.56187246

>>56187219
learn how to take profits

>> No.56187275

>>56184759
Sergey mentioned no global ledger in 3-5 yrs. If a global ledger is considered competition, then 3-5 yrs should be the target to get banks onboard before a global ledger. Always add 20% to planned timelines, so 4-6 yrs, and $1000K end of decade! It only takes 1 Big bank to jump on board with success and they all will scramble to jump on board. Could be fast, but planning for 4-6 yrs. Success with the first bank is key. Watching ANZ and Citi.

https://m.youtube.com/watch?si=sbHeCgTMu3NXUglH&t=03m45s&v=C-hxya9rZ4U&feature=youtu.be

>> No.56187279

>>56187246
yeah, a lot more people should sell link but keep holding bags forever

>> No.56187295

>>56187279
>lots of retards cant take profits and buy high and sell low instead
>this is somehow chainlinks fault

ok

>> No.56187324

>>56187295
i wouldn't call link holders retards, they are more like first time investors that get emotionally attached to something they bought to sell but now can't

>> No.56187364
File: 76 KB, 1243x251, just 2 more years.jpg [View same] [iqdb] [saucenao] [google]
56187364

>>56187275
also check this out:
>Looking to the future, institutions overwhelmingly expect to increase their allocations, with consistent growth expected in 2024 or 2025, aligning with the generally cautious but optimistic approach.
>To enable appropriate safeguards and plans that can be built, investment time horizons have been extended, with most organizations planning to scale investments over the next two to three years. However, institutions see tokenization as highly promising, and are looking to move more quickly toward investing in tokenized assets, as well as tokenizing their own assets over the next two years. Hedge funds, in particular, are the most bullish on their timeline to begin investing.

Source:
https://www.ey.com/en_us/financial-services/how-institutions-are-investing-in-digital-assets

>>56187324
>projecting

>> No.56187420

Of course I swung my 40k link just now at 6.95 at the exact moment it reversed

>> No.56187650

>>56187420
retard, what are you gonna do now?

>> No.56187655

>>56187650
Sell now with a profit

>> No.56187698

>>56187275
>>56187364

Feels like we’re close. If you can hold for another 5 years you’ll make it.

>> No.56187934

>>56187650
WHAT THE FUCK HOW IS IT BACK AT 7.17

>> No.56188042

>>56187420
You did fucking not lmao. A week before Smartcon in the most exciting year for Link. Come on. You are joking right?

>> No.56188053

WHERE ARE THE WTFWT POSTS

>> No.56188070

>>56188042
I am pretty good at swinging my stack, it looked like BTC was about to pull its patented shit the bed formation. I’m so fucked I can’t afford my last stack now

>> No.56188110

>>56188070
All is takes is one fuck up and all your successful swings turn to shit as well. Play stupid games win stupid prizes.

>> No.56188310
File: 82 KB, 726x825, benefits.jpg [View same] [iqdb] [saucenao] [google]
56188310

bump

>> No.56188932

>>56187420
This is exactly why I didn’t sell. Had it gone to 6.80 I would have bought more but I wasn’t going to play risky games.

>> No.56188960

>>56187139
>AVAX
retard spotted
kys

>> No.56188980

>>56188960
you forgot to change your ID fuddie

>> No.56188984

>>56188980
18pbtid

>> No.56188997

>>56188984
>9 posts full of fuddie seethe

>> No.56189001

>>56188997
19pbtid

>> No.56189047

>>56189001
make sure to read them all, you can read right?

>> No.56189049

>>56189047
20pbtid

>> No.56189138

>>56186454
Please stop shilling AVAX in chainlink threads. Youre a complete retard who doesnt realize chainlink will abstract away every single L1.

You know how avax and icp people are always fighting in their threads? The truth is, avax and icp are shit when chainlink is around. Chainlink makes it so that AVAX = ICP = ftm = chainx = chain y = chain z

So please stop and kys. Thanks

>> No.56189154

>>56186573
You're not going to be young and pretty forever you stupid bitch.

>> No.56189188
File: 142 KB, 1610x902, AVA Cloudt4.jpg [View same] [iqdb] [saucenao] [google]
56189188

>>56189138
>chainlink will abstract away every single L1.
not how it actually works brainlet.
what actually happens is that everyone will run their own "L1" aka Avalanche Subnet and Chainlink connects them all with whatever data they need.
maybe next time do more research before writing a stupid post.

>> No.56189193

>>56189188
21pbtid

>> No.56189206

>>56189188
ICP can do that with its canister model and than connect it to link.

Doesn't sound special to me.

>> No.56189207
File: 198 KB, 1682x1581, tokenization cost savings.jpg [View same] [iqdb] [saucenao] [google]
56189207

feels good to have my own fuddie slave counting my posts out loud.

>> No.56189216

>>56189188
>>56189207
dude avax is literally just another l1. I dont care what you say. Just get the fuck out of chainlink threads.

The funniest part about all l1's is they all keep trashing each other when they all are literally garbage. The only l1 thats actually unique is rose because it has privacy. All the other ones are literally the same with slight changes to them all.

>> No.56189225
File: 161 KB, 1763x1182, tokeniztat.jpg [View same] [iqdb] [saucenao] [google]
56189225

>>56189206
>ICP can do that
no it cant and nobody uses it for anything or plans to use it. Probably because its a scam.
Source:
I didnt see these ICP losers mentioned in any report so far.
>WEF? zero interest in ICP
>Bank of America? zero interest in ICP
>ANZ Bank? zero interest in ICP
>Citi Bank? zero interest in ICP
>Boston Consulting Group? zero interest in ICP
etc.

So why even bring that vaporware up?
they play no role in tokenizing anything. its Loser shit and eventually you have to face that reality.

>> No.56189227

>>56189188
>what actually happens is that everyone will run their own "L1" aka Avalanche Subnet and Chainlink connects them all with whatever data they need.

On top of being able to do that with icp, from the standpoint of novelty, scientifically thats groundbreaking but like from a user end perspective thats not that unique. We already have 10000 l1s deployed. Just cause you can deploy one on avax as a subnet vs 10000 separate ones from forking another chain, it doesnt really matter.

Especially with chainlink being able to connect all l1s. You're basically saying now you can deploy an l1 with avax as gas instead of <insert l1 shitcoin name as gas here>. Its not even close to as ground breaking as solving the oracle problem is

>> No.56189242
File: 659 KB, 947x668, 1654123760568.png [View same] [iqdb] [saucenao] [google]
56189242

>>56189227
Oh for God's sake can you fucking turks leave link alone!! No shitcoin piggybacking

>> No.56189245
File: 191 KB, 1468x1163, Ava Labs John Wu dominating Dawn Song.jpg [View same] [iqdb] [saucenao] [google]
56189245

>>56189216
>avax is literally just another l1.
its literally not, go read the whitepaper
>Just get the fuck out of chainlink threads
or what? you gonna write more butthurt fuddie posts? kek
>is rose
has zero BD, ngmi

>> No.56189251

>>56189225

>So why even bring that vaporware up?
Great so you know how all of us in chainlink threads feel.
>Can avax solve the oracle problem?
No
>Can avax solve interoperability between chains?
No
>Does avax have deco
No
>Does avax provide off chain automation
No

Than okay stop fucking mentioning your shitcoin with chainlink

>> No.56189252

>>56189227
>>56189242
Yeah please fuck off with that avax shit. Before this bancor was always poking their heads in link threads and look what happened to them.

>> No.56189255

>>56189245
It's a
>Chainlink + my brown shitcoin
shill. We had a lot of these back in the day, fuck off

>> No.56189260
File: 196 KB, 2100x714, 4543nt.jpg [View same] [iqdb] [saucenao] [google]
56189260

>>56189227
>of being able to do that with icp
nobody wants to and nobody cares.
funny how you ignored that part of my post.
Go look into the Tokenization research of literally anyone in TradFi, you wont find them talking about ICP at all.
>We already have 10000 l1s deployed.
way more are needed to tokenize all the assets in the world.
>it doesnt really matter
it does as you can read here in that picture >>56189188
>chainlink being able to connect all l1s.
*Avalanche Subnets
>Its not even close to as ground breaking as solving the oracle problem is
Chainlink solved the Oracle Problem, Avalanche solved the Blockchain Trilemma.
ICP solves nothing and is not needed.
>>56189242
>newfag doesnt even know about IC3

>> No.56189269

>>56189251
>Can avax solve the oracle problem?
It solves a different Problem. Its not an Oracle solution.
>Can avax solve interoperability between chains?
Yes through Avalanche Warp Messaging, it will be core part of CCIP.
>Does avax have deco
Avalanche can connect to any Chainlink Service.
>Does avax provide off chain automation
not what it is made for.

seems like you are completely clueless and dont know anything about the topic.
you should really do more research fuddie.

>>56189252
>>56189252
>>56189255
>samefagging seething fuddie
top kek meanwhile Avalanche keeps winning and Tokenizing.

>> No.56189275

>>56189269
You know, the point of this post I made here >>56189251?

It wasn't for you to try to refute it. It was to make an analogy. You know how you see ICP as some irrelavant shitcoin in which you say
>So why even bring that vaporware up?

Anyone whos smart enough to hold chainlink says the same thing about AVAX. I understand AVAX. But compared to chainlink, it literally is just another fucking l1 shitcoin. Better than other l1s yes. But still a fucking shitcoin.

So please. If this is how you feel about ICP
>So why even bring that vaporware up?

Chainlink holders feel this way about you. So please stop shitting up these link threads

>> No.56189318
File: 268 KB, 2952x1628, enterpriseadoptionslides5.jpg [View same] [iqdb] [saucenao] [google]
56189318

>>56189275
>Anyone whos smart enough to hold chainlink says the same thing about AVAX.
nope
>But compared to chainlink, it literally is just another fucking l1 shitcoin
Its not, read up on Subnets.
>But still a fucking shitcoin.
Token is needed for running Subnets.
>Chainlink holders feel this way about you.
No they dont, I say that as a Chainlink OG myself.
>So please stop
There is nothing you can do to stop me.
Keep seething fuddie.

>> No.56189373

>>56185610
I have to wait 7 fucking years????? WTF I'll be 25 by then literally ancient it's over fuuuuckkkk. At least I'll be a millionaire thoughie

>> No.56189380

>>56186298
I'm 18 and I'd rather have 10 million dollars than be drunk in some faggot retard nigger college frat party. You millenial slaves think American Pie is the peak of life or something. Fuck you nigger and die of AIDs!

>> No.56189403
File: 306 KB, 1588x919, 987689t.jpg [View same] [iqdb] [saucenao] [google]
56189403

>>56189373
possible and depends on your Stack, it could also pump along the way as more Assets are Tokenized.
next 3 years are going to be very interesting.

>> No.56189410

>>56189275
Well put anon. Very strange how Avax holders want to be our pets.

>> No.56189426
File: 342 KB, 2900x1633, enterpriseadoptionslides8.jpg [View same] [iqdb] [saucenao] [google]
56189426

>>56189410
Chainlink wouldnt be able to reach its full potential without Avalanche as no other Network has the ability to tokenize all the Assets in the World.
Of course Avalanche cant Tokenize all the Assets in the World without chainlink so in a way they depend on each others success.
nulinkers like you of course dont know any of this and have no clue whats going on.
If you arent a brain damaged fuddie, you better start doing your research.

>> No.56189433

>>56189426
Why did Sergey explicitly say that institutions had no interest in third party settlement infrastructure?

>> No.56189439

>>56189433
>settlement infrastructure
Thats not what Subnets are about. Sergey was basically saying that XRP has no future.

>> No.56189467

>>56189426
I’m just gonna keep buying Link and not Avax sorry. I’m sure you’re right and you can be shitcoin #1 but I’m interested in real shit.

>> No.56189479

>>56189403
I have a little north of 2k. Working really hard to get a webdev job beginning of next year. I need to buy more. I become a millionaire at 500 but that is not enough, I need at least 10k.

>> No.56189486

>>56189467
TradFi institutions will have AVAX on their Balance sheets as they need it to tokenize all their real world Assets.
So its about as real as it gets.
Avalanche also doesnt depend if some retail cuck buys it with his 3 peanuts or not.

>> No.56189520

>>56189479
heres some tips: learn to manage your greed and look into educating yourself about Risk Management.
having the tokens is only half the battle.

>> No.56189524

>>56189439
Subnets are not settlement infrastructure? What?

>> No.56189530

>>56189524
Look up what Tokenization is.

>> No.56189538

>>56189520
Erm what do you mean? I just want to work hard and be rich in a couple years by buying lots of chainlink tokens.

>> No.56189589

>>56186004
commonwealth bank is one of the big 4 banks in Australia, on the level of ANZ

>> No.56189620

>>56189589
"with the sea", anon.
It will be a big surfwear brand like Billabong or something, and they'll use an amount from every purchase to buy Reef Credits that are basically like carbon offsets for agricultural pollution that flows off Queensland and damages the GBR.

>> No.56189850

>>56189138
This, tired of this annoying avax spamming roach. Just shut the fuck up, noone cares about your alt L1.

>> No.56189867

>>56184809
Holy shit kill yourself you stupid faggot. Im 40 and you bitches are crying at 26 cuz you might have to wait till your 29 which isn’t even the beginning of your prime. I can only nut once every 2-3 days now. I have to decide between sex or getting my dick sucked cuz I can’t cum twice. Stupid fucking assholes oh no I’m not rich by 32. Please DIE.

>> No.56189892

>>56189620
I hate to break it to you but Queensland doesn't exist

>> No.56189958
File: 372 KB, 828x820, 36A6C115-5CC4-4B88-92F6-FB52BBC2C8A2.jpg [View same] [iqdb] [saucenao] [google]
56189958

>>56189380
You’re still extremely young you dumb stupid kid. You should be happy that you won’t make it so soon because then you won’t do naive things.
Either way, 25 is still amazing anon. I’m 28 and just finished my degree but most of my peers thought I’m 24-25. Take good care of yourself. Not to mention that ageing shouldn’t concern you because one day you’ll have robowaifus.

>> No.56190047

>>56189958
Aging absolutely concerns me. I've been doing an anti-aging skin care routine since I was 14 (gook girl in high skrewl got me into that stuff), I don't drink, I don't smoke, and I don't do drugs. I exercise thrice a week and maintain under 15% bf year round.

>> No.56190056

>>56189958
And I wouldn't do retarded things with money anyway. I've done crypto and options gambles where I've made a 4000% return and lost it all since I was 14.
>Went from 100 to 4500 by doing my own research and penny stock general (which doesn't exist anymore idk why it made me so much money) n 3 months via options and then lost it all because I bought into the plebbit normalfag slave hype and bought GME
>Remember RSR? Yeah I bought 100 dollars worth of it that at their peak were 1000, but I lost it all and now that stack (which I still have) is like 50 dollars or something insane when I last checked
>Remember the pepe 2.0 ripoffs? I went from 1k to 5k to 300 on one of them because it rugged hard. Made it all back on another pepe 2.0 rip off and then lost it all again.
I've learned my lessons very early. Buy, hold, and then be careful once I sell is my philosophy. I am not going to be a retard and sell Chainlink for chiclets. I have learned my lesson regarding this shit. Working really hard on teaching myself to program atm, will go to jewniversity a little later.

>> No.56190179

>>56186454
Avax+Link holders will inherit the Earth.

>> No.56190540

>>56190179
Link holders will, it's still up in the air which L1s will benefit from the success of CCIP

>> No.56191766

>>56190540
>it's still up in the air which L1s will benefit from the success of CCIP
its clearly Avalanche. everyone else already failed.

>> No.56193198

>>56189530
>Tokenization involves converting real-world assets, such as stocks, bonds, real estate, and even intellectual property, into digital tokens on a blockchain.

>>56189524
Care to explain how that proves avax subnets aren't settlement infrastructure? Yes tokenization requires some settlement layer. Avax is still settlement

>> No.56193533

>>56193198
>Care to explain how that proves avax subnets aren't settlement infrastructure?
its a tokenization platform you moron

>> No.56193542
File: 29 KB, 400x400, 1688749251826003.jpg [View same] [iqdb] [saucenao] [google]
56193542

>>56187420
>>56187934
>>56188070
oh no no no

>> No.56193562

>>56185599
Cayman fud… ahhh, it’s like 2018 all over again.

>> No.56193592

>>56184891
Fucking this. Sergey already has billions of dollars in his bank account from dumping link every link. I don’t care for news about how Sergeys social standing has improved, fuck that socialite. When is the token going up in price?

>> No.56193813
File: 46 KB, 424x627, smartcon.png [View same] [iqdb] [saucenao] [google]
56193813

>>56189620
ah right, he said "see"...
look at smartcon schedule, some anz news likely coming, wonder if it's about a product going to production, that would be big
not sure what the gfx guy is about

>> No.56194662

>>56190047
still going to age you colossal faggot

>> No.56194684
File: 43 KB, 1000x756, 1644893588579.png [View same] [iqdb] [saucenao] [google]
56194684

>>56189520
>heres some tips: learn to manage your greed and look into educating yourself about Risk Management.

>> No.56194803
File: 184 KB, 1885x711, avalanchecriticalbug.png [View same] [iqdb] [saucenao] [google]
56194803

For those who are interested in technical discussions about the immense vurnabilities of Avalanche, drop a reply here.
It's time to remind everyone how critically insecure avalanche is.
https://gist.github.com/karalabe/4d10a879e361bb5b85302d57c193f532

>> No.56194973

>>56190047
Incredibly stupid and futile. Guess what anon, only certainty in life is death.

>> No.56195014

>>56194803
>was already patched over a year ago
fuddies really grasping at straws here.

>> No.56195068

>>56184759
6 year old coin

>> No.56195080

>>56189867
Are you a fat fuck? Try fasting and go outside more often.

>> No.56195148

>>56190056
You are dealing with incredibly small amounts of money. Any lessons you feel you've learned with 5k portfolio are going to be quickly forgotten when you get into the 6 or 7 figure range

>> No.56195223

>>56195080
Under no circumstances go outside anons

>> No.56195539

>>56193533
are you fucking dumb? Tokenization requires settlement and AVAX subnets along with every single L1 out there is part of the settlement layer that enables tokenization.

Chainlink is superior to all of them because its not settlement you dumbass. The point I've been trying to make is your little shitcoin can make many l1s with subnets but at the end of the day its just spawning a bunch of little ftms, hbars, matics. Its still settlement and the point of chainlink is to abstract all of that shit away so every single l1 seems like a single spect in the sky. Yes avax may be a star less brown than the others but its still just another star.

You're unironically better off holding chainlink especially since AVAX has an equivalent market cap of link. Thats the point and the fact that you're trying to convince people otherwise with zero understanding of what settlement layer is tells me that you should kill yourself and get out of link threads once and for all you brown faggot.

>> No.56195571

>>56195539
not how it actually works, you need to lurk more you dumb nigger.

>> No.56195922
File: 3 KB, 118x124, 1693170380401805s.jpg [View same] [iqdb] [saucenao] [google]
56195922

>>56187139
Not only AVAX and LINK, anon. We got these low caps with some serious balls..If you're into Inj, Hbar, Xtp, Kas, and yeah, even doge, you won't be here hyping up crapcoins.

>> No.56195989

>>56189479
Don't kid yourself, anon. That stuff ain't gonna make you a millionaire;I have been down that road. Just diversify, invest in utility. Talk to pals holding Inj, Hbar, Xtp, Kas—they'll show you the path to millionaire.

>> No.56196062
File: 186 KB, 1246x1212, retardavaxnigger.png [View same] [iqdb] [saucenao] [google]
56196062

>Care to explain how that proves avax subnets aren't settlement infrastructure?
Avax shills are Indians, simply do not understand that Avalanche Subnets are stand-alone blockchains, independent blockchains larping as part of a SUBNET, brought into P-chain through tokenization
The most important concept to understand that Avalanche isn't interoperable with other chains, unless avalanche absorbs existing chains through tokenization and bridging into P-chain and call it part of the subnet.

As D willy has pointed out. Avalanche smart contracts cannot call other smart contracts residing on the same subnet, let alone interact with api's from other blockchains. Meanwhile, you bash ICP, ICP is superior, not only can ICP call smart contracts within their own subnet, they can even call other blockchains smart contracts through EDSCA threshold cryptography. EDSCA and BLS signatures are not compatible, in theory a BLS signature blockchain like ICP shouldn't be able to interact with Bitcoin API's, but they made it possible through a breakthrough in threshold signatures, which is a cryptographic breakthrough in itself. This is what you get when you have 250 man team with some of the leading cryptographers, computer scientists of this age. Avalanche is just a mere ETH fork.

>> No.56196138

>>56196062
>bunch of gibberish from some nigger that doesnt understand how anything works
lmao

>> No.56196158

>>56195571
Than explain to me. How is AVAX not a settlement layer? It shouldnt be hard, at least three to four replies have mentioned this and you avax shills skip over it.

we all know what link will do to settlement infrastructure kek

>> No.56196248

>>56196138
>>56195571
>>56195014
>>56191766
>>56193198
>>56193533
>bunch of gibberish from some nigger that doesnt understand how anything works. (you)

Go ahead defend your ETH-Fork called avalanche, noob.
Smart contracts on avalanche subnets cannot interact with other smart contracts on avalanche subnets.
Prove me wrong then.

>> No.56196264

>>56196158
read the thread you illiterate spastic.
you can read, right?

>> No.56196273
File: 218 KB, 2627x1110, thedayfudcuckskilledthemselves.jpg [View same] [iqdb] [saucenao] [google]
56196273

>>56196248
>Smart contracts on avalanche subnets cannot interact with other smart contracts on avalanche subnets.
yes they can, its called Avalanche Warp Messaging.
dumb nigger BTFO

>> No.56196472

>>56196264

From your original brown messenger boy >>56184846

>>the banks to launch their own use cases and products using CCIP?
>first they need to launch their own Blockchains (using Avalanche Subnets) and then tokenizing their Assets + all the data (associated with all the usecases) recorded on chain such that all the back/middle office processes to reconcile the data are disintermediated.

This is all literally settlement. Tell me which part isnt settlement.
> Launching their own blockchains using Avalanche subments.
This literally means Avax is just 5 pajeet chains all in one. Its not fucking unique dude. I mean yea in a sea of shitcoins AVAX somehow has some white in them but its unironically not link and you're better off holding link in the long run because of the absolute dominance link has over the oracle space.

Theres already 10000 blockchains evm and non evm. Sure is it cool that avax will make it easy for a normie to spin up a blockchain.. yes. I'm not arguing that. I am arguing that even then, its not monopolizing anything. Its just allowing people to create more ftms, more hbars. We already a fucking ton dude. Just get out of link threads bro. Stop associating your shitcoin with link and stay in your own threads.

>> No.56196563

>>56196472
>illiterate poopjeet larping as LINK holder
lmao

>> No.56196576

>>56196273

Oh great, Avalanche managed to create a tool that allows the user to move erc-20 tokens between subnet A and B, no native erc-20 tokens that reside on Ethereum side chains tho, because you first have to convert the erc-20 token into a format Avalanche can read. Again, bridging and tokenization. Then you can ''Move token A to B'' between subnets WITHIN THE AVALANCHE SUBNET.
Avalanche smart contracts cannot call smart contracts outside the avalanche ecosystem, to prove my point. A smart contract on avalanche cannot sign / verify smart contracts on other blockchains. Avalanche uses BLS signatures, cannot read / sign Bitcoin's ESSCA signatures. ICP smart contracts because of support for EDCSA signatures can read, sign, verify signatures on the Bitcoin network.

>> No.56196651

>>56196576
>ICP smart contracts
Nobody cares about ICPoor, nobody will use it for anything. nobody even cares it exists lmao.
see this post >>56189225
>they play no role in tokenizing anything. its Loser shit and eventually you have to face that reality.

>> No.56196751

>>56196248
While Avalanche just hit a tiny milestone implementing BLS signatures with their warp messaging, it's already outdated.
ICP came with BLS signatures right out of the box, started implementing EDCSA signatures last year and right now they are working on STARK (Non-interactive zero-knowledge proof) signatures, because BLS isn't quantum proof. Many larpchains here will NOT survive the quantum-resistance apocalypse.

Few may doubt my claim. Dfinity isn't working on SNARK signatures. Mark my words, Dfinity will be again the world's first team that will push the space forward with SNARK signatures.
Jens Groth is one of the 20's most published authors on zero proofs and he just happens to work at Dfinity.

https://www.youtube.com/watch?v=KSZB9hsrh3c

>> No.56196946

>>56196563
What you're doing is called an ad hominem. Instead of actually furthering the discussion you've said

>bunch of gibberish from some nigger that doesnt understand how anything works
>read the thread you illiterate spastic.
you can read, right?
>illiterate poopjeet larping as LINK holder

I've made a clear argument that link is superior to Avax because Link's CCIP will essentially abstract away all of the settlement layer so that I won't care whether its avax chain 1, 2, 3 or ftm, hbar, icshit, matic, whatever l1 and you sit here attacking me without even attempting to refute my arguments.

And if you're just some brown skinned shill trying to get me to buy your bags without any thought and your point was to teach people about how avax is so great that you need to shit up a link thread, you'd at least explain what point you think I'm wrong. But instead you don't seem to do that. You know its true that holding link makes light years more sense than holding avax. But you can't admit it so you resort to attacking me as an anon

>> No.56196992

>>56184759
As sergey said himself, before they can start bringing tradfi in and doing tokenized assets on chain they need identity on chain. For that you're gonna have to get regulation that gives everyone clarity on how to go about that. In the EU, MiCA is going to set the standard for regulation and KYC/AML by 2024. They will probably follow that up with DeFi regulation. The US is likely to just copy the EU and is already studying MiCA because they have no idea how to do it themselves due to our archaic legal framework and inter agency conflict for jurisdiction. If I had to estimate a timeframe for basic regulations to be put into place I would guess that you'll see everything aligning by 2025-26. I would say that Chainlink and crypto in general will start to see its full potential sometime around 2030, although growth will continue beyond that point obviously. This is also pretty consistent with organizations like the BIS and banks who are still running PoCs that won't finish until the late 2020's, at which point then they'll slowly start integrating things like CBDCs.

>>56187275
No bank will jump onboard until regulations are in place. It's not a matter of someone having the balls to jump in first, it's a matter of their compliance departments feeling like they have a government green light.

>> No.56197044

>>56196651

yeah, makes me truly wonder why Link and ICP are the most fudded protocols on /biz/. Then we have a literal eth-fork (avalanche) trying to stay relevant with outdated second-tier, borrowed solutions from other protocols.

Assblaster 2017

www.smartcontracts.com

Moonman 2021

www.smartcontracts.org
You fell for the partnership swindle like every 2021 newfag. Muh avalanche- deloitte partnership. Avalanche literally pays these companies to run a pilot on ---> testnet <--- and then promotes it as partnership. How do I know that Deloitte never used avalanche as an enterprise chain on --->mainnet <---, meaning public contracts, audible by the public, public nodes....because it cost $100,000 to deploy 1GB of smart contract data on Avalanche. Data sets from big corpo's run in the Petabytes, noob.

Secondly, why would a Private organization deploy private smart contract data on a public chain. When you can fork Avalanche for free and run the chain on testnet. Assign 10 private validators within the organization. Why would deloitte run private data on a public ledger? Hyperledger is free and used worldwide in mega corporations.

Ever heard of JP Morgan's alleged partnership with the Ethereum Alliance? Codename Quorum? JP Morgan didn't buy ANY ethereum token from the Market. They forked Eth from github hired a few 'blockchain devs' tweaked a few parameters and runned it on testnet within the organisation.

The FederItaly ICP partnership is 100% genuine legit, tokens were bought from the market, and the contracts were deployed on public mainnet, BECAUSE it COST $5 per GB per year to deploy on ICP.

>> No.56197055

>>56196946
>link is superior to Avax
they solve different problems.
Chainlink solves the Oracle Problem and Avalanche the Blockchain Trilemma
>all of the settlement layer
all Assets will be tokenized on Avalanche Subnets.
>holding link makes light years more sense than holding avax.
holding both makes the most sense.

>> No.56197067

>>56196751
Second point.

Since Avalanche can only move tokens from A to B, and smart contract data storage is expensive, jpeg's I mean NFT's are stored offchain in centralized entities like digital ocean, aws etc.

Here you have it, it's not peer 2 peer, there is counterparty risk, you have to trust a third party that they won't remove your jpeg in the next 50 years. And most importantly Companies are a single-point-of-faiure, Amazon is surviving on government bailouts, AWS is losing revenue month after month. There are many trust assumptions when dealing with companies, like incompetency, regulation, stock price manupulation.

>> No.56197070

>>56197044
>newfag larping as oldfag
>newfag shilling the ICPoor scam
>redditspacing
and yet ICPoor is still irrelevant and nobody worth a shit even bothers with it and never will.
write more copes please its amusing

>> No.56197077

>>56197067
>only move tokens from A to B
>Larry Fink Says Tokens Are “The Next Generation For Markets”
https://www.forbes.com/sites/davidbirch/2023/03/01/larry-fink-says-tokens-are-the-next-generation-for-markets/

>> No.56197082

>>56196992
Fuck off Everest ID shill

>> No.56197154

>>56195922
Retard. All L1 has zero value prop now.

>> No.56197200

>>56197055
>>holding link makes light years more sense than holding avax.
>holding both makes the most sense.

>all of the settlement layer
all Assets will be tokenized on Avalanche Subnets. Except thats not true right now and never will be. You don't seem to understand, there are 10000's of blockchains right now doing the same exact thing you're claiming is so great, tokenization. Just look at all these threads.
>>56197077
>>56197154
>>56195922
>>56196062
Every single settlement layer thinks they will be the "main" settlement layer. This is why none of them will be. Every single one is just a brown turd in a shitcoin sea. Avax again, might be a little more solid than some of the other diarrhea but its still shit compared to the amount of blockchain dominance that chainlink has. It is literally the only player in its area. I badly want to make a comment on ICP but knowing how you seem to be good at manipulating an argument without actually focusing on the topic at hand, i.e. your ad hominems, I'll leave it be.

>> No.56197255

>>56197077
>Links a article from Larry Fink, where he discusses the importance of Zero Proofs in the tokenization process.

While Avalanche just hit a tiny milestone implementing BLS signatures with their warp messaging, it's already outdated.
ICP came with BLS signatures right out of the box, started implementing EDCSA signatures last year and right now they are working on STARK (Non-interactive zero-knowledge proof) signatures, because BLS is not quantum proof. Many larpchains here will NOT survive the quantum-resistance apocalypse, which is your ETH fork called avalanche.

Mark my words, Dfinity will be again the world's first team that will push the space forward with SNARK signatures.
Jens Groth is one of the 20's most published authors on zero proofs and he just happens to work at Dfinity.

>> No.56197296

>>56197200
BTC is the global settlement network, there is no doubt in my mind about this. I never considered ICP as a global settlement layer, it's a L2 for ETH, and BTC with very, very advanced functionality. I don't expect you to understand.

>> No.56197315

>>56197200
>Except thats not true
except it is.
source: Bank of America

>there are 10000's of blockchains right now
>doing the same exact thing
they dont, they cant scale and dont have sub second finality or Subnets.
>compared to the amount of blockchain dominance that chainlink has.
they solve different problems illiterate nigger.

>>56197255
>Dfinity
nobody cares about them.

>> No.56197478

>>56197315

Nobody cares about Dfinity, nobody cares about asynchronous blockchains, or fault tolerant chains.

Nobody cares about security, nobody cares about hiring some of the leading cryptographers in the world to develop perfect randomness (threshold relay) to drive the 'beacon chain' behind ETH sharding.

https://twitter.com/dominic_w/status/980268286347657218

Then we have Avalanche, copying terminology like subnets from Dfinity. When has Ava-labs ever made a scientific breakthrough so revolutionary that it was used in ETH 2?

>> No.56197479

>>56194973
KYS faggot

>>56194662
Middle aged retard fat fuck slave nigger

>> No.56197485

>>56195148
I agree, but let's see what happens. I am going to try my best to be careful. I don't give a damn about cars or jordanssss and sheeit so I wouldn't waste any money on that kind of nonsense.

>> No.56197524

>>56195989
Almost all of those are dead, and what the fuck does Kaspa even do? How is its price momentum so insane? Chainlink makes sense and I am going to keep buying more.

>> No.56197536

>>56197315
>they solve different problems illiterate nigger.
I know they do. But the oracle problem is lightyears apart from what every other crypto is solving that it sets it makes it it's own monopoly.

Avax is literally just solving what every other l1 is trying to solve. Essentially settlement scalability and efficiency.

The point is youre posting in this thread riding on the coat tails of link, when the whole point of CCIP was to essentially abstract away the settlement layer so you don't care whether you use a chain spun out of avax, or another l1 or l2. Its like a tradie showing up to a robot convention where everyones there to watch the robot do fascinating shit that essentially makes the tradie look like even less of an occupation and this tradie shows up going look at me, I'm so good at being a tradie kek.

>compared to the amount of blockchain dominance that chainlink has.
they solve different problems illiterate nigger.

Dude I know that. But if Chainlink is in a space where theres no competition and Avax is in one where theyre main goal is settlement in a sea of 999999 other settlement layer cryptos, chainlink is obviously going to be the more profitable hold with 99% more certainty.

But my actual point of this was that, since this is the case. We're all better off holding link, and therefore stop associating your shitcoin in these threads when we'd make much more holding link than avax. You're not doing anything other than derailing the conversation towards your brown hands. So please stop

>> No.56197617

>>56197478
>When has Ava-labs ever made a scientific breakthrough
the Avalanche Consensus, go read up on it.
also yes nobody cares about your Loser foundation.
>>56197536
>so you don't care whether you use a chain spun out of avax, or another l1 or l2.
most of these chains if not all of them will be Avalanche Subnets.
All the tokens, all the smart contracts will run on it and thats where Chainlinks CCIP will get all its revenue from.
All these Subnets will also Stake AVAX too.
>chainlink is obviously going to be the more profitable hold with 99% more certainty.
both will be very profitable.
>We're all better off holding link
again, its best to hold both.
>You're not doing anything other than derailing the conversation
bitch more nigger but AVAX and LINK are the make it portfolio.

>> No.56197706
File: 137 KB, 931x1231, TURKCHAIN.png [View same] [iqdb] [saucenao] [google]
56197706

>>56197617
>Avalanche Consensus is a consensus protocol that is scalable, robust, and decentralized. It combines features of both classical and Nakamoto consensus mechanisms to achieve high throughput, fast finality, and energy efficiency.

Why is Avalanche using terminology like Nakamoto consensus and larp as fault-tolerant?
Cloudfare killed your fault tolerancy, bro.
The Cloudflare outage on June 21, 2022 affected a variety of services on the Avalanche blockchain, including:

The Avalanche website (https://avax.network)
The Avalanche wallet (https://wallet.avax.network)
The Avalanche Explorer (https://explorer.avax.network)
Avalanche dApp wallets such as MetaMask and Coinbase Wallet
Avalanche dApps such as Aave, SushiSwap, and Trader Joe
Basically, any Avalanche service that relied on Cloudflare for its DNS, web hosting, or security was affected by the outage.

>> No.56197798

>>56197082
It has nothing to do with any particular project. Regulation is needed before any of these big institutions will jump in. It's one of the biggest missing pieces in fact. If you want to see JP Morgan or Fidelity doing assets on chain, they're going to need to know that some regulator in a G7 country isn't going to fuck them over for breaking the law. Sergey knows this which is why he mentions KYC every time he talks about on chain assets these days.

>> No.56197848

>>56197617
>so you don't care whether you use a chain spun out of avax, or another l1 or l2. most of these chains if not all of them will be Avalanche Subnets. All the tokens, all the smart contracts will run on it and thats where Chainlinks CCIP will get all its revenue from. All these Subnets will also Stake AVAX too.

Except right now not every single smart contract runs on Avalanche subnets and absolutely will not. Theres already 100000 chains out there and currently ccip is connecting 10 chains 1 of them avax. Right now you are 1/10 of significance of chainlink. Or however many are on ccip. 8 whatever 1/8.
Point is you're just spewing shit now. Every chain isn't going to be on an avax subnet because you insist so badly on a mongolian frog forum. If avax is gonna be so dominant, why is Sergey already setting up a at least 8 other chains on CCIP while Avax is just one chain in a sea of brown. Why not just forget all other chains on ccip and just connect avax. Why Everything else is so insecure as you said before. Its only gonna hurt Link's credibility.

Whats crazy is your lack of self awareness. In this reply >>56197315 you post
>Dfinity
nobody cares about them.
Yet you can't realize those that read these link generals feel the same way about you spamming your shitcoin in a link thread.
How are you not able to make that connection. To linkies, you make us feel how you feel about Dfinity. Please leave

>> No.56197982

>>56197706
>June 21, 2022
been ages ago, again grasping at straws.
whats next? the double mint that was patched 2 years ago and that nobody cares about but you and the other ICPoor rejects?
>>56197848
>right now not every single smart contract runs on Avalanche subnets
soon they will. its the only network that can actually scale. you will see.
>Every chain isn't going to be on an avax subnet
yes they will, all the Tradfi tokenization will happen on Subnets.
>because you insist
Bank of America and Deloitte agree with me. If you are smarter why are you still poor?
>Yet you can't realize those that read these link generals feel the same way
are you the chainlink spokesperson now? lmao you dumb newfag nigger. most AVAX holders are actually Chainlink OGs. but of course you dont know because you only arrived here very recently.

>> No.56197988

>>56197848
I was here when /biz/ bought the smartcontract.com ICO in 2017 at 100eth per pool @ presale prices $0.08 per link. I was here when link was trading on etherdelta for $0.39.
I don't care about CCIP, it's just EVM chains, being routed through CCIP (interoperability within the ETH ecosystem), it still won't solve critical issues that ETH is dealing with state bloat and high gas fees. Try real interoperability through threshold signatures... come with innovation.

>> No.56198001

>>56197988
>it still won't solve critical issues that ETH is dealing with state bloat and high gas fees
Avalanche solves this

>> No.56198040

>>56198001
Look how emin is being a fool, by the same person that found a critical bug that could have killed your entire chain.

https://twitter.com/peter_szilagyi/status/1485903217665916933?t=eFb2rboT4QLRwLdhw0tjeA&s=19

It's not about validator count. It's about state bloat. The Avalanche C chain executed ~80M transactions until now. Ethereum did ~1.45B. That's a lot of state bloat. Obviously you can be faster if you have a fraction of the state.

>> No.56198048

>>56198040
>based peter szilagyi helping fix stuff with Avalanche so it becomes better
>no funds were lost
>happened ages ago
>nobody but ICPoor rejects bring it up
kek
>It's about state bloat.
they are already working on that too, with how Ava Labs delivers they are in the best position to figure it out.

>> No.56198132

>>56198048
>they are already working on that too, with how Ava Labs delivers they are in the best position to figure it out.

This Avalanche's solution to state-bloat? History expiry, thought avax was immutable? Super secret solution.... aka (we just wait till Eth figures it out, then copy and paste it over)

https://twitter.com/eshaan7_/status/1486357788624560128?t=NxnR84LvMeBYGhDjFp_x9w&s=19

>> No.56198139

>>56185841
t+1 is because there are still many tradfi checks and balances that need to go on before confirming settlement. Think of it like a dispute period on a rollup even though the transactions are confirmed by the sequencer.

The t+0 DLT aspect of it is crucial to this step.

>> No.56198141

>>56198132
Ava Labs will figure it out, no problem.