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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56325412 No.56325412 [Reply] [Original]

Using the Trojan horse strategy, Chainlink executed a masterful plan. Observing the proliferation of L1 clones, they predicted a similar trajectory for oracles. Recognizing that developing the God Protocols was a winner-takes-all scenario, they diverted the community's attention successfully.

While the majority perceived Chainlink merely as a price feed oracle, Satoshi Nakamoto were quietly constructing the God Protocols.

While you were caught up in debating whether price feed oracles were valuable or not, Chainlink became a heterogeneous, general-purpose framework for compiling together off-chain validator sets to provide an unbounded amount of verified computational services, data services, and cross chain services that blockchains and off-chain external systems need in order to enable next-generation advanced verifiable apps.

Currently:

DATA

-Data Streams
-Market and Data Feeds
-Proof of Reserve

COMPUTE

-Functions
-Automation
-VRF

CROSS-CHAIN

-Cross-Chain Communication

Next 10 years:

DECO:
- Secure Employment Verification
- Creditworthiness in DeFi
- Eligibility for Benefits
- Academic Credentials
- Age Verification for Online Platforms
- Health Records for Insurance
- Residency and Immigration
- Loyalty and Rewards Programs

DATA:
- Decentralized Identity Verification (DIV)
- Predictive Analytics Feeds
- Mental Health Metrics
- Environmental Data Feeds
- Global Events Trigger
- Societal Metrics Data Streams
- On-chain Analytical Insights & Real-time Analytics
- Supply Chain Tracking

COMPUTE:
- Adaptive Smart Contracts
- Decentralized Machine Learning (DML)
- Orchestrated Smart Contract Suites
- Advanced Privacy Protocols & Homomorphic Encryption
- Decentralized Rendering and Simulation
- Real-time Language Translation

CROSS-CHAIN:
- Interoperable DAO Communication
- Decentralized Data Storage Transfer
- DEX Aggregator Communication & DeFi Aggregators
- Smart Contract Migration & State Synchronization
- Cross-chain Certification & Licensing

>> No.56325442

well, all of these were kinda what we were expecting feom link since 2017, you're kinda mistaken, when we liniies invested in chainlink in 2017 after reading the whitepaper we were expecting a generalized computing platform, and on the contrary, we were kinda disappointed when we saw that the team basically from mainnet to 2023, almoqt always focused on pricefeed, and ngl many of us were kinda pissed at how weak the delivery of whitepaper 1.0 was.

don't change history, there was a need for pricefeed, yes

but pricefeeds were always a very small usecase that we kinda all hated, i have been personally waiting for ccip since 2017

>> No.56325452

>>56325412
community advocate

>> No.56326528

>>56325412
I cant wait for my porn history to go on a ledger and be sold to whomever is willing to pay for access

>> No.56326572
File: 149 KB, 1024x1024, IMG_9187.jpg [View same] [iqdb] [saucenao] [google]
56326572

>>56325412
> - Mental Health Metrics
Linkies ngmi

>> No.56326672

>>56325452
Hey fren DM @samuelalpha77 to win a free SmartCon Brand Chainlin Gayming Chair!

We have a lot of these things to give away so Twitter do your thing!

>> No.56326732

>>56325412
You missed all the important stuff like derivatives, swaps, electronic bills of lading, clearing etc. That's where the big money is.

>> No.56326754

>>56326572
Buying and holding something and hoping the price goes up from other peoples actions and just watching the charts will make you miserable. If you're a perpetual complainer, doomposter, or depressed; your situation is not going to improve unless YOU do what you can about it.

>> No.56326862
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56326862

>>56325412
>Jannies allow these third world shills with broken English to spam threads about chainlink for 6 years

>> No.56327007

>>56325412
Hmmm let’s check the price