/biz/ - Business & Finance

[Anonymous No.56205278]

did everyone just forget about picrel?
link layer 1 will be announced at smartcon
ethereum is kill

[Anonymous No.56205388]

>>56205278
how does it leverage chainlink don?

[Anonymous No.56205404]

>>56205278
>link layer 1 will be announced at smartcon
Its gonna be an Avalanche Subnet.

[Anonymous No.56205461]

>>56205278
it's more like a private chain than an L1
>>56205404
it uses its own consensus mechanism, are subnets DAGs that can have custom consensus? I think Babka will just be part of node software

[Anonymous No.56205477]

>>56205388
It-it just does, OK?!

[Anonymous No.56205486]

>>56205278
Any anons remember that whole cybercode 2.0 thing that was thought to be a larp, but turned out to be a real insider? For those of you in the dark, if you type cybercode 2.0 into google, chainlink's twitter is the first result.

[Anonymous No.56205498]

>>56205486
To add to my post, the whole Cybercode 2.0 larp also mentioned bbc chain...

[Anonymous No.56205524]

>>56205278
DAG is my favorite technology, IMO superior too, that never succeeded with other projects, so lets hope chainlink will do it. 1k EOY.

[Anonymous No.56205544]

>Sergey explicitly says that banks have their own settlement infrastructure and will not be using anyone else's
>Dahlia has been working on settlement infrastructure for over a year
what is going on

[Anonymous No.56205556]

>>56205544
I mean, banks will be running their own Chainlink nodes will they not?

[Anonymous No.56205565]

>>56205404
Please stop coming into every Link thread, you are not convincing anyone.

[Anonymous No.56205587]

It's not a layer 1.

[Anonymous No.56205689]

Not needed unironically, L1 stack is basically compete with Ethereum (Network effect), Solana (Performance at all cost) and Avalanche (Flexibility and capability). Anything else is literally a VC scams trying to squeeze money by shilling protocols nobody need (Even the new wave of MOVE L1s (Sui, Aptos etc), Those would be better had they launched as L2 or VM of Avalanche subnet or even Cosmos hub, At least then they'll benefit from seamless interoperability and make the crypto space a better space by reducing fragmentation (Currently the worst thing about on-chain activity imo)

[Anonymous No.56205696]

>>56205689
>compete
*complete

[Anonymous No.56205703]

>>56205486
It’s a strange world

[Anonymous No.56205739]

>>56205486
i dont remember

[Anonymous No.56205748]

>>56205486
I stopped reading at BBC. Goddamned perverts and their nigger dick stories, or so I thought. Sometimes it do be that way.

[Anonymous No.56205750]

>>56205278
>BBC chain
Sergei's been in America too long

[Anonymous No.56205761]

welp. time to short DAG. transtink ruins everything it touches.

[Anonymous No.56205773]

>>56205278
The real question is, is this the type of chain that banks are going to use for themselves? I mean Jesus fucking Christ we are going to 1k if that happens

[Anonymous No.56205794]

>>56205773
Sergey said that every bank is going to have its own chain. What are they building on?

[Anonymous No.56205936]

>>56205461
>it uses its own consensus mechanism
Developed by one of the Ava Labs founders. Ted Yin.
So it will be a Subnet.
>>56205565
>he doesnt know who Ted Yin is
>doesnt know Ted Yin coworked on BBCA
lurk more newfag

[Anonymous No.56205938]

>>56205794
CCIP you ranjeet. thats what weve been discussing this entire time

[Anonymous No.56205941]

>>56205794
>What are they building on?
Avalanche
Source: pic related, Bank of America

[Anonymous No.56205960]

>2023
>Announcing a DAG
Going to need a bigger garbage can

[Anonymous No.56205963]

>>56205278
token still not needed. cool little project tho. ill def be keeping an eye on link. maybe ill buy some in a few years before it does any big boy moves.

for now there are much better gambling oppurtubbnities. i dont wanna be buying 7 dollar link

[Anonymous No.56205972]

>>56205936
could it be used to improve the X-Chain as well?

[Anonymous No.56205980]

a DAG? You don’t say…

[Anonymous No.56205999]

>>56205938
No you're clearly not up to speed, ccip is only the interoperability layer for bank chains. They still are going to have their own chain.

>>56205941
I was curious about Ava as a possibility. Sergey clearly wants to capture that market though. I wonder how far along they are with this new consensus algo.

[Anonymous No.56206012]

>>56205486
Seo scamming in 23.
Holy fuck its really just genx and millennial scammers whacking over zoomers...

[Anonymous No.56206015]

>>56205486
>>56205498
>>56205703
>>56205739
>>56205748
What HAARP frequency are the illuminati using to memory hole cyber code 2. 0?

[Anonymous No.56206028]

>>56206012
the Cybercode 2.0 whitepaper doesn't say anything about SEO, only fair indexing services, take your meds

[Anonymous No.56206037]

>>56206015
just use warosu

[Anonymous No.56206086]

>>56206015
The larper also mentioned bbc chain and that something big will happen during smartcon this year...I thought it was just spam/larp/copy pasta, but then Chainlink releases bbc-a, and the fact that cybercode 2.0 in the google search engine leads to link's twitter, something is really happening.

[Anonymous No.56206099]

>>56206086
To add to my post, I remember all the anons in that thread freaking out and realizing the shizo larper was actually either an actual insider, or linkies just memed a copy pasta into reality. Either way, it was a very comfy thread, reminiscent of 2019-2020 link discussions.

[Anonymous No.56206126]

>>56206015
This is extremely bullish. How bullish? If you’re wondering where all the FUD lately is coming from it’s cause we’re only months away from the release of CyberCode 2.0 testnet. As an insider, I know have no idea what/the importance of CyberCode 2.0 is gonna be for LINK when the alpha releases around the end of October next year (give or take a few months) so I will spoonfeed you out of kindness of heart:

CyberCode 2.0 secures the ledger cryptographically to encode transactions at 20x magnitude of legacy infrastructure. It achieves this by taking blockchain transactions to the BbC-2022 layer and parsing them through the node network incentivized by super linear sequencing which Sergey said is very close to finish line. This activity is incentivized through semi-permeable staking allowing LINK token holders to benefit for verifying data both on main chain and Blockchain Byzantine Consensus 2022 layer.

The obvious benefits of super fast transaction speeds also brings exponential economies of scale! What this means sir is if farmer has 500 Kg cow for sale, he can put the beast to market on the blockchain to verify the weight in a trust less system faster than global SWIFT system. Soon any business who wants to stay relevant will have to buy LINK to have access to CyberCode 2.0 feature. A unique proposition. Those who don’t use this system (powered by LINK) will get left behind.

Scammer motherfuckers want you to think that banks and other organizations are not currently fulling their bags with cheap LINK as we speak. DON’T LET THEM WIN. If you hold more than 50 LINK right now, you already made it. Immediately when we breach the $7 resistance it’ll be too late for you. You have been warned, sir. So go buy many LINK for you dream to come true.

[Anonymous No.56206133]

>>56205278
Smartcon 2023 is already done.

[Anonymous No.56206149]

>>56206126
Yes, this is the copy pasta/larp that was constantly spammed. There is no way the OP of this post isn't an insider, even the dates match up perfectly with smartcon coming up in october.

[Anonymous No.56206169]

>>56205972
X-Chain is going to be something else.
why do you think it is called the "X"-Chain?
anything else where you saw the X recently?
once you figure it out you will shit bricks.
>>56205999
>I was curious about Ava as a possibility.
Look at the deals that the Ava Labs BD team is making. They already got ANZ, Bank of America and every client of Deloitte is asking about them and they are aggressively expanding on every continent.
Look up who John Wu is and read into his TradFi Background and into his BD team.
spoiler: President of Ava Labs is literally a billionaire funded by Blackstone/Blackrock to tokenize all assets
Also the "Citi Connection" once again shows that nothing about this is a coincidence. LINK OGs will know.
>Sergey clearly wants to capture that market though
They are already working together for over 3 years and know each other from early IC3 days.
basically Chainlink Labs wanted the Ava Labs Gigabrain Ted Yin to help them with the Research for their Subnet.
>>56205750
shows how many people didnt even read the Research.
>BBCA (pronounced ‘Bab-Ka’) is also a delicious pastry.
>A babka is a sweet braided bread which originated in the Jewish communities of Poland and Ukraine. It is popular in Israel and in the Jewish diaspora.

[Anonymous No.56206173]

>>56206149
This is the first post of it it’s been changed

[Anonymous No.56206178]

have they really ran out of ideas that they're still playing the 2021 playbook?
its incredibly funny from the outside how obviously desperate they are for any success stories, but they've got a lot of link to "distribute" first, i guess.

[Anonymous No.56206321]

>bankless mev mafia faggots
>ctrl-f ccip
>results

I see them bendin, they cryin, tryin' catch me stakin' linkies

https://www.youtube.com/watch?v=rfBUd297-H8

[Anonymous No.56206343]

>>56206178
Yes. Nobody is pitching them ideas anymore. They have always been dependent on anon, and anon decided crapto needs to die

[Anonymous No.56206376]

>>56205486
BBC cybercode was a larp you fucking morons.

[Anonymous No.56206379]

>>56206169
>hey anon would you like to slobber over some BBCa? take a bite of it? ;)
>oh by the way you are supposed to spell it "babka" like the JEWISH pastry, nothing else to see here

[Anonymous No.56206415]

>>56206379
>oy vey!

[Anonymous No.56206613]

>>56206173
It's still way too specific to be a simple larp, either that guy is an insider, or linkies just memed a pasta into reality.

[Anonymous No.56208039]

>>56205936
>Developed by one of the Ava Labs founders. Ted Yin.
interesting that it's the same guy, but that still doesn't it will be a 'subnet' by default. also BBCA is a different consensus method than Avalanche, it simply can't be part of the Avalanche network. that's like saying Facebook Libra, Aptos, and Sui (versions of Hotstuff) would become Avalanche subnets because Ted Yin designed those as well.

[Anonymous No.56208107]

>>56208039
>interesting that it's the same guy
They wouldnt have gotten Ted Yin for the job if it wasnt somehow Avalanche related.
>it will be a 'subnet' by default.
I mean sure it doesnt have to be one but if there is a Virtual Machine then it can be a Subnet.
also Avalanche is capable of running a DAG, interestingly the X-Chain used to be one.
Then they changed that and suddenly it turned out Ted Yin was working on BBCA! coincidence?
Something is going on here and we arent seeing all the pieces of the puzzle.
>Aptos, and Sui
FYI these can be subnets, check out the MoveVM.

[Anonymous No.56208163]

>>56206015
This is google trying to breadcrumb and failing

[Anonymous No.56209477]

Why would Chainlink be building a new consensus layer if they didn't think it was going to be the solutions adopted by the enterprises they work with? Chainlink has clearly worked hand in hand with organizations like Swift since the very beginning, everything they release is due to the demands of these partners. It must be obvious that publicly available chains, even industry projects like Quroum, aren't up to the task of processing the nasses of transactions that will have to be processed if this technology gets anywhere close to major implementation by financial institutions. So Chainlink Labs brought on Dahlia to fix the problem, and soon it will be. Every transaction of this type will take place on this new consensus layer, paying with the LINK token as gas, and whenever institutions want to access other chains they'll go through CCIP. This is massive. Chainlink is building the entire Web3 stack from the ground up.

[Anonymous No.56209508]

>>56205486
That was meme magick, I'm not even joking anymore.

[Anonymous No.56209517]

lmao this guy is clearly talking out of his ass

[Anonymous No.56209524]

>>56205278
>BBCA-Chain
>Look at me I'm so le smart I named my shitty protocol after the building blocks of protein
Stfu

[Anonymous No.56209531]

>>56209477
CHECKED

[Anonymous No.56209832]

What about the chart tho

[Anonymous No.56210175]

>>56209832
It's finna go up

[Anonymous No.56210360]

>>56205486
>if you type cybercode 2.0 into google, chainlink's twitter is the first result
what the fuck

[Anonymous No.56210405]

>>56205486
>>/biz/thread/55797707

Too lazy to find it in here.

[Anonymous No.56210897]

Guess we'll know next week

[Anonymous No.56210901]

>>56205980
I'd overlooked BBCA before but reading how it works, just sounds like the gossip protocol.
knowing that LINK is basically just copying Hedera, makes sense that Hedera moved to Axiom as an oracle over LINK, despite LINK being on the governing council.
it appears Hedera and LINK have a pretty hostile business relationship now days.
the only thing I want to know is...
when the BBCA chain is released, what's it's tps, what's it's finality.

[Anonymous No.56211065]

>>56205486
still cant believe they really named it bbc in the first draft
guess someone in there team is well versed enough in the memetics to point out what did just did
i remember the thread everyone was calling larp for no internet company would be dump enough to call a product bbc and yet here we are

i dont think this was a mistake but more a giant fucking troll from ellis
i mean what do we know about cll's very own fuckboi he at least knows good opsec

[Anonymous No.56211083]

>>56210901
>when the BBCA chain is released, what's it's tps, what's it's finality.
From the paper, page 9

[Anonymous No.56211198]

>>56211065
Skimmed through the paper and it sounds to good to be real. Normally I'd dismiss the claims if it it wasn't co-authored by malkhi

[Anonymous No.56211206]

>>56206126
it's still unbelievable to me that the most bullish post in linkie history that was almost certainly an ACTUAL insider was immediately dismissed as nonsensical pasta and reposted as such for a year without anyone thinking otherwise. wagmi.

[Anonymous No.56211236]

>>56206015
>Israeli company Chainlink

U wot m8?

[Anonymous No.56211264]

>>56206126
>You have been warned, sir. So go buy many LINK for you dream to come true.

Goddamit lad, you had me til you devolved to ESL poo-speak at the end. If you need many rupees to feed village just say that then.

[Anonymous No.56211309]

WAGMI

[Anonymous No.56211380]

>>56208039
ok, that's interesting

[Anonymous No.56211594]

No one needs another L1, this is fucking absurd

[Anonymous No.56211623]

>>56211594
Would make sense as a new base for the token, to reduce reliance on ETH.

[Anonymous No.56211710]

that's an old carrot, the new carrot is banks buying the token for reasons

[Anonymous No.56211729]

>>56211710
Institutional adoption has been a carrot for all of crypto since forever.

[Anonymous No.56211734]

>>56211083
>range from 100k tps to ... millions?
that's not really helpful.

[Anonymous No.56211747]

>>56211198
'instantaneously' is not a measurement.

[Anonymous No.56211779]

>>56211623
The chainlink network is already separate from the Ethereum network and all tokens are accounted for. And if ETH goes down, it'll get forked anyways.

[Anonymous No.56211810]

>>56205278
>>56205461
>>56205980
>>56211198
>block DAG

[Anonymous No.56211855]

>>56205278
Insider here, you cannot begin to comprehend how important BBCa is going to be judging from how little people talk about it (compared to price feeds or CCIP)
Chainlink will literally take over L1, the insider post you saw months ago was hyper-bullish for a reason
Unfortunately it is incredibly technical shit (even for crypto adepts), therefore it is very easy for people to get lost in the jargon; all you need to know is that Chainlink Labs is working very hard into ensuring compatibility between blockchains
LINK needs to abide by decentralization and censorship-resistance even in centralized systems, which is tricky to implement but not impossible. Arbitrum was working with Chainlink to that end until they betrayed, so now LINK is working on its own house solution

Anyways, here's a couple of crumbs:
>"Censorship Resistant Elective-Asynchronous Masternodes"
>"Peer Immutable Encryption"
When it gets announced, you will know that BBC will be complete and LINK will become cryptospace's defacto universal gas

[Anonymous No.56211860]

>>56211734
>>56211747
Then dyor you ungrateful cumdumpster.
Btw I found an unlisted presentation of malkhi in which she gave an overview and compared bbca to other consensus algorithms with currently less than 10 views. Go and find it yourself

[Anonymous No.56211880]

>>56205278
>did everyone just forget about...link

fixed that for you op, and yes, yes they did.

[Anonymous No.56211893]

Linktards talking about BBC all the sudden. Can't make that shit up

[Anonymous No.56212045]

>>56211893
>all the sudden
It's "all of a sudden", ESL monkey.

[Anonymous No.56212074]

>>56209477
Why a DAG though. Avalanche X-chain just abandoned it because of how annoying it is to integrate with other chains and exchanges even though it was deemed to be extremely elegant. In 2023 it just seems like a blind alley.

[Anonymous No.56212179]

>>56210175
>it's finna go up
ayo timmy lemme tell ya sum'm. It finna be
>it finna go up
my nigga, now u no wassup. ain't no is homeboy.

[Anonymous No.56212228]

>>56212074
I'm no expert but I imagine CL is confident they can integrate it easily with other chains and platforms using CCIP. Probably worth building the absolute best blockchain you can if you think the majority of settlement will happen on it

[Anonymous No.56212294]

>>56205278
The big players that want to transact on blockchains want to transact on real blockchains, not this retarded pony shit like Ethereum where gas can occasionally cost $1,000 per transaction. The shit needs to work. Leave it to Chainlink to fix Ethereum, something that Ethereum has failed to do after eight years.

[Anonymous No.56212329]

>>56212294
more than likely they will not launch a l1
if anything it will be a DAG L2 for Ethereum
thats pretty interesting to see a l1 scaled by an l2 that uses a different ledger technology entirely but is possible now with ccip

[Anonymous No.56212340]

>Linkies now unironically hyping up BBCa chain larp
Lmao its over isnt it

[Anonymous No.56212458]

>>56210897
just a research. dont get your hopes up

[Anonymous No.56212729]

>>56211860
that other guy is a faggot anon, pls drop alpha

[Anonymous No.56212843]

>>56205278
This shit has already been spoonfed here: https://archived.moe/biz/thread/55797707/

tldr: this article is a harbinger of true staking, not an L1.

[Anonymous No.56212923]

>>56211860

[Anonymous No.56212924]

>>56211860
>>56212729
https://eprint.iacr.org/2023/397
https://www.youtube.com/watch?v=CeNqZdiEI5Q
>99 views as of this post

[Anonymous No.56213154]

STOP GETTING MY HOPES UP THIS ISNT HEALTHY GUYS
IF CHAINLINK WERE RELEASING ITS OWN L1 SIRGAY WOULDNT HAVE DUMPED 1 MILL LINKIES THIS MONTH

[Anonymous No.56213227]

>>56211855
Keked and checked. At this point it might be worth a screencap.

[Anonymous No.56213349]

>>56212729
Here you go
https://youtu.be/1pBhpruZt2g
>>56212924
Also nice find

[Anonymous No.56213354]

>>56212924
>https://eprint.iacr.org/2023/397
TY anon, appreciate it

[Anonymous No.56213365]

>>56205278
I'm ready to take a bite out of the BBC(a) this smartcon

[Anonymous No.56213445]

>>56211855
CREAM PIE will truly revolutionize crypto, but I can't say anymore.

[Anonymous No.56213818]

tranny jannies nuked my thread about BBCA's MEV-resistance, so I'll repost it here.

[Anonymous No.56213980]

wait hold on, BBCA isn't even leaderless?
is this a joke?

[Anonymous No.56214633]

>>56213980
normally a DAG under contention (such as a front-run attack) would undergo some form of leadered consensus where a leader can influence transaction ordering(directly or by picking blocks), but Fino avoids that. BBCA uses Fino under contention as a fallback consensus.

My rough understanding of how this works is that a quorum of validators vote and finalize transaction metadata ordering without seeing the transactions themselves.They do this by encrypting batches of pending transactions and later revealing them after block finalization.

>https://arxiv.org/pdf/2208.00940.pdf

[Anonymous No.56214738]

This kind of silly ambition is why LINK stagnated with like two products tops that generate little to no revenue, bro. You don't fight ETH, you join it. Kava, Optimism. Both great projects, both Ethereum co-chains.

Simple as. Picrel is me by the way.

[Anonymous No.56216213]

>>56213349 >23 views
holy shit we're early. my belief in riches from chainlink has shifted from hope to certainty.
>>56213354
BASS, Hot Stuff, they're memeing hard.
I read the intro to the paper 5 times and I'm still boggled by its implications. kinda zoned out rn but it didn't immediately trigger "total bullshit" and knowing the cryptographers who wrote it..
>>56213818
>filling the gaps
>Tendermint
jfc
>>56214633
I remember this being discussed on ZK podcast a while ago and wondering why ETH didn't integrate it, then learned more about the MEV (you guys should check that podcast out btw, the interviews with the MEVsters are hilarious)

[Anonymous No.56216458]

>>56213349
Thank you!

[Anonymous No.56216471]

>>56205278
>BBC chain

you cant make this shit up

[Anonymous No.56216470]

[Anonymous No.56217151]

>>56216213
>23 views
>unlisted

[Anonymous No.56217483]

So BBCA is the abstraction layer for enterprises that Sergey promised in 2022?

[Anonymous No.56217497]

>>56206133
>Smartcon 2023 is already done.
Its not until Oct 2nd.

[Anonymous No.56217815]

Where were you when fud trolls successfully memed link into a bbc cuck token. Whoops

[Anonymous No.56217843]

>>56216470
what conclusions am i supposed to draw from this

[No sleep fag No.56218047]

>>56206126
Oct 13th screen cap

[Anonymous No.56218060]

>>56218047
So what is that date for nigga

[No sleep fag No.56218071]

>>56218060

[Anonymous No.56218078]

>>56218071
So they finna buy some link or what cmon bro I can’t read good

[No sleep fag No.56218093]

>>56218078
Idk what they gonna buy but they have 208 mil in trust fund and are also invested in few other crypto related projects

[Anonymous No.56218098]

>>56218093
Damn nruh go to sleep with that weak ass crumb

[No sleep fag No.56218099]

>>56218093
>>56218078

[No sleep fag No.56218105]

>>56218098
>>56218099
Not weak

[Anonymous No.56218158]

>>56218105
k but the october date is about business structuring. afaict it has nothing to do with product release or integration timelines. this crumb is on the level of tyler technologies

[Anonymous No.56218162]

>>56217151
What the fuck. How does he have the link? Who is posting here?

[No sleep fag No.56218301]

>>56218158
Not business structuring, it’s an black check company established to inject funds into an investment

[No sleep fag No.56218313]

>>56218158
You’re the retard that came up with the theory of integration timeline. I’m fucking clueless how you even came up with that . No bagger

[Anonymous No.56218366]

>>56206613
>>56206173
>bbc-2022-permeable staking
>semi
>500 g cow
i swear newfags are dumb as hell

[Anonymous No.56218381]

>>56205278
I just hope some kind of significant real world adoption begins. At this stage I couldn't care less about a new feature that may or may not be used at some point in the future.

[Anonymous No.56218846]

>>56213349
>https://youtu.be/1pBhpruZt2g
Who are you? I can't find this unlisted URL anywhere else.

[Anonymous No.56219139]

uh, guys?

[Anonymous No.56219186]

>>56213349
>77 views
holy based and bass master pilled

[. No.56219268]

>>56205498
Yes it did. I called bullshit because it sounded a lot like cyber techno machinations co.. then BBC chain. It was too much. Anyway I'm glad to be wrong.

[Anonymous No.56219428]

>>56219139
Now that would be something.
So weird that Chainlink haven’t just told us yet what this BBCA thing is supposed to be for.

[Anonymous No.56219458]

>>56213349
my based king may I please request Dahlia's Sibos panel

GM based kings

[Anonymous No.56219732]

>>56218846
I'm just a nobody who got lucky. I won't reveal my source because I suspect someone from the CL team might be lurking biz.
>>56219458
I wish I had it, but I don't.

[Anonymous No.56219817]

>>56210897
I think they don't necessarily want to build this, but if no one else is capable I think they will. Chainlink is the absolute top team from the security point of view. Any team can code shitty dapps and even blockchains, but ensuring security when building novel solutions is EXTREMELY hard. This is especially true in a deterministic environment. This is where chainlink excels the most compared to others

[Anonymous No.56219895]

>>56209477
I need arb to pump so i can sell. Don't want to sell down from the airdrop.

[Anonymous No.56219952]

>>56205278
>ethereum is kill
Kill what?

[Anonymous No.56220138]

>>56219817
It's funny when people here shill their 500 alts where half the teams don't even have any phds in math or computer science not to mention a fucking research team like link has.
All the while chainlink has numerous top experts in data security working on shit like this and constantly giving talks left and right, even at universities. I mean come on

[Anonymous No.56220475]

>>56205278
If we can flip this sats level we're good for at least $8.50 as a start.
Kek can't believe I get a dopamine spike for eight and one half United States dollars but here we are.

[Anonymous No.56220685]

>>56219732
Fair enough, thanks for replying.

[Anonymous No.56221411]

>>56206086
At the time the only place indexed was 4chan. The page indexed mentored cybercode 2.0 many times as well as link. Google is assuming that it is something link related. Imagine thinking that Google trying to connect dots means anything