CITI

[Anonymous No.56338972]

CITI didnt just go live on HKEK Synapse, it also went live on Versana. Investigation commences

[Anonymous No.56338978]

>>56338972
>DAML
>CITI, BofA, Credit Suisse, JP Morgan

[Anonymous No.56338985]

>>56338978

[Anonymous No.56339036]

>>56338972
Are there any statistics on the ccip use available

[Anonymous No.56339053]

>>56338978
canton for interop. its over

[Anonymous No.56339054]

>>56338972
Gimme the cliff notes on these platforms

[Anonymous No.56339057]

>>56338972
i dug into this and i haven not found anything that connect synapse and link. i dont have a swift account if anyone does lmk

[Anonymous No.56339098]

Canton is a CCIP competitor. In a recent webinar Canton mentioned other interop solutions like wormhole, axelar, nomad and layerzero. No mention of chainlink. When I asked them about CCIP in the Q&A they just looked disgusted and didn't say anything about it.

[Anonymous No.56339113]

Trade finance is probably linked to the MLETR laws that just came out.
Normally linked with XDC. I'm probably wrong though.
https://www.citigroup.com/global/news/press-release/2023/citi-develops-new-digital-asset-capabilities-for-institutional-clients

[Anonymous No.56339115]

>>56339098
They basically said CCIP lacks true composability, atomicity and privacy and those things are required for TradFi use cases.

[Anonymous No.56339129]

>>56339115
It’s unironically over

[Anonymous No.56339135]

>>56339129
shadowfork wasnt a meme after all. sergey and co tried to push the narrative they have won the game but it was just a dying whimper in the end. was wondering why they started memeing in twitter but now it makes sense.

[Anonymous No.56339144]

https://www.forbes.com/sites/lawrencewintermeyer/2023/05/25/canton-network-launch-signals-the-tokenization-of-the-real-economy-has-arrived/

'This month saw the launch of the Canton Network, the financial services sector’s first privacy-enabled interoperable blockchain “network of networks” designed for institutions focused on real world assets.'


'The Canton Network includes a growing list of who’s who of innovators: 3Homes, ASX, BNP Paribas, Broadridge, Capgemini, Cboe Global Markets, Cumberland, Deloitte, Deutsche Börse Group, Digital Asset, DRW, Eleox, EquiLend, FCX, FinClear, FCX, Gambyl, Goldman Sachs, IntellectEU, Liberty City Ventures, Microsoft, Paxos, Right Pedal LendOS, SBI Digital Asset Holdings, S&P Global, The Digital Dollar Project, Umbrage, Versana, VERT Capital, Xpansiv, and Zinnia.'


'The network, an example of the diversity of both fintechs and traditional institutions, is underpinned by technology from Digital Asset, a New York-based technology company. Beyond serving as the network’s technology provider, Digital Asset exerts no more control over the network than any other participant, a hallmark of the constitution and governance of blockchain networks.'


'Jens Hachmeister, Head of Issuer Services & New Digital Markets at Deutsche Börse Group says, "The Canton Network vision strives to enable seamless connectivity across various blockchain networks in the industry. Such solutions are a key building block for future digital and distributed financial market infrastructures."'

'With an estimated 100 central bank digital currency (CBDC) projects underway, 11 CBDCs launched, 18 in pilot - including the Central Bank of China, and projects being developed by the Bank of England, the European Central Bank, and the U.S. Fed, these agencies, mainly independent of, but important to government, appear seriously committed to the future of DLT.'

[Anonymous No.56339161]

'The Canton Network was launched with 30 financial market participants to offer a third option to the public versus private blockchain dilemma, combining the advantages of both. Any organization can participate in the network by running an application or node and connecting applications with others on the network but must meet the network’s stringent demands of participants retaining full sovereignty over their applications, and enabling user control over privacy and data, while supporting interoperability across the entire network.'

'Those that do agree on the benefits of blockchain, and there are a lot of adults in this room, are focused on its potential to help transform the financial market infrastructure from the issuance of securities to their post-trade settlement. Connecting these bulkheads of financial market operations in ways not possible with the siloed legacy technology of today. The big question is: How do we get there from here, and when are we going to arrive?'

'The plans for the Canton Network, announced on May 9, 2023, include the commencement of the testing of interoperability capabilities across a range of applications and use cases from July 2023. Following extensive testing, the network expects to make itself more widely available in 2024.'

[Anonymous No.56339162]

>>56339115
sergey badmouthed this concept at sibos. kek

[Anonymous No.56339173]

>>56339115
layer zero runs a node or something. Ive never heard to the other ones.

[Anonymous No.56339181]

there's competition to be the main go to blockchain middleware provider.

[Anonymous No.56339187]

>>56339144
>>56339161
Is it over?

[Anonymous No.56339197]

>>56339098
>they just looked disgusted and didn't say anything about it.
This is extremely odd behavior given the setting.

[Anonymous No.56339211]

>>56339135
It makes sense. Sergey was close but he failed.

[Anonymous No.56339224]

Who is actually behind Canton network? It's so suspicious.
>>56339162
I vaguely remember him talking about it. What did he say though?

[Anonymous No.56339233]

So institutions literally built their own Chainlink that the plebs can't buy into.
It's actually fucking over, Sergey banked everything on institutional adoption and they just rugged him while giving him pats on the back at SIBOS.
fucks sake

[Anonymous No.56339236]

>>5633911
I looked at the whitepaper and from what I can say it feel like this is just ATOM/Polkadot but with a permissioned/private chains spin on top of it.
CCIP main selling point is that you have interroperability with these corpo chains and with actual public chains like Ethereum and its L2s.

[Anonymous No.56339241]

>>56339098
>>56339115
>Canton is a CCIP competitor.
It's not.
CCIP connects different chains, while Canton only connects subnets of itself.

It's basically a single proprietary chain with a privacy feature put in place between users.

[Anonymous No.56339248]

>>56339233
>>56339135
>>56339211

No.
See >>56339241

[Anonymous No.56339250]

>>56339236
>>56339241
>implying banks need public chains or have any need to connect to Ethereum and L2s

It's fucking over.
Canton network just ate Chainlink's lunch.

[Anonymous No.56339256]

>>56339236
>just ATOM/Polkadot but with a permissioned/private chains spin on top of it.
How is this not just Avalanche then? Sounds like Avalanche Evergreen subnets which already have some institutional interest.
>>56339241
These.

[Anonymous No.56339267]

>>56339187

unironically answering the irony.

are things over? the opposite.
things are just getting started.
canton and chainlink obviously aren't mutually exclusive.

Schmidt warned it was time to get on with it.
It's a land grab. It's a fertile plain.
Chainlink is spread wide but thin. The fences are low, the borders aren't clear and despite the homestead act equivalent nobody is really buying up the land yet.

OCR costs are going down up to 90% aka nobody was paying before.

The plan is clearly to build it and they will come.
But will they?
Am never selling, so hope so.

[Anonymous No.56339274]

Link will do DeFi,
Qnt will do regulated shit.
Others will fight for the remaining 10%.

[Anonymous No.56339284]

It seems like Canton is just another L1, so not really an oracle competitor to Chainlink.
The interoperability is just interoperability between subnets, which is what Avalanche has with warp messaging.
Seriously though, WHO is behind Canton? It's so weird it's come out of nowhere yet all these companies are using it.

[Anonymous No.56339289]

>>56339250
Banks aren't just using public chains, they're using a whole list of private chains as well, which CCIP also connects and Canton does not.
Pic related.

>>56339274
See pic.

>>56339284
Exactly.

[Anonymous No.56339300]

>>56339224
"Canton is a load of shit"

[Anonymous No.56339301]

>>56339284
Digital Assets Inc with DAML.

They've basically created a guarded private blockchain that others aren't invited to.

[Anonymous No.56339311]

>>56339115
>>56339144
>>56339161
>>56339267
>>56339301
holy shit im gonna be sick. i've literally lost everything

[Anonymous No.56339315]

>>56339289
Yep, thing is, we're all assuming financial institutions will want to interact with public blockchains.

Sergey wants to bring them in.
Do they want to?
Their own stable coins seems to be the carrot being dangled.

[Anonymous No.56339326]

>>56339315
link is never going to $50 again, is it

[Anonymous No.56339330]

>>56339326
to get to where it's going it has to go through 50

[Anonymous No.56339333]

>>56339315
>we're all assuming financial institutions will want to interact with public blockchains
CCIP connects private chains as well, as shown in the Swift experiments.

[Anonymous No.56339335]

>>56339315
>>56339301
They won't.
Chainlink just lost it's only use case that isn't free price feeds for trading cumfartdogeobamainu420 on Uniswap.
It's so fucking over.

Fat fuck moved too fucking slowly and now institutions built their own chainlink that you can't buy into.

[Anonymous No.56339339]

>>56339289
There will be a choice, swift will be one of many options, do you really think the whole world wants to use swift?

[Anonymous No.56339342]

>>56339333
But they won't fucking need CCIP for that since Canton network does that for them.
Banks don't give a fuck about public chains.

[Anonymous No.56339344]

>>56339339
>do you really think the whole world wants to use swift?
The whole world is using Swift right now lol

[Anonymous No.56339349]

>>56339342
Canton cannot connect private chains.

[Anonymous No.56339352]

>>56339349
then what is it you think that Canton does?

[Anonymous No.56339357]

>>56339352

See >>56339241
>CCIP connects different chains, while Canton only connects subnets of itself.

[Anonymous No.56339362]

>>56339357
Banks won't need different chains.

[Anonymous No.56339374]

>>56339362
oops, look at those goalposts fly!

And banks are using more and more different chains.

[Anonymous No.56339375]

those sub nets are the private chains.
the key feature is the privacy.
the selling point is the interoperability.

outside of their own 'subnets' (aka private chains), canton won't offer interoperability, and then we go back to where we were, namely, we are supposing financial institutions will want to interact with public blockchains.
I think they will.
That's the gambit.

[Anonymous No.56339388]

>>56339349
Why would banks pick different private chain infra out of a grab bag instead of using a standardized monolith? The walled garden is going up and is going to cast an eternal shadow over Chainlink. We were truly delusional this entire time like a nearly dead man trudging towards an illusion of an oasis in the desert only to be skewered on cacti

[Anonymous No.56339395]

>>56339388
This.
All banks will just use Canton, same way they all use SWIFT.
Chainlink not needed.

>>56339375
Will they fuck, public blockchains will only ever be used for trading the shitcoin casino.
It's fucking over for Chainlink.

[Anonymous No.56339406]

>>56339344
Russia? Has the sanctions been removed?

[Anonymous No.56339411]

this thread was originally about Citi going live on 2 smart contract platforms.

thing is, as the OP pointed out, those platforms are DAML, which is Digital Asset Inc, and Canton.

In other words, what Citi is doing is one step into all the real world assets, tokenization, etc etc future of finance, and they are doing it without Chainlink.

They can't do it 'all' without chainlink, but we don't know they will want to do it all.

Personally, reckon they will.
Just offering perspective on the citibank news.

[Anonymous No.56339421]

>>56339115

That doesn’t sound like real DLT lol

[Anonymous No.56339425]

>>56339411
So token unironically not needed.
CITI tested CCIP, liked what they saw and just went with a fully dedicated private solution for banks.
The institutional adoption dream for LINK is fucking dead.

[Anonymous No.56339429]

>>56339411
I can't believe anons thought that a satanic inter dimensional demonic tech conspiracy spanning thousands of years to levy ESG prisons on humanoid planets to farm out their souls and chip their brains was going to let a shitcoin be their brand and moon a bunch of nazi tranny chasers to +1,000,000% wealth overnight

[Anonymous No.56339433]

>>56339425
>So token unironically not needed
I've been saying this for years baka my head

[Anonymous No.56339441]

>>56339425
>>56339429
>>56339433
Kek fuddies

[Anonymous No.56339454]

>>56339429
>>56339433
What a fucking waste of time Chainlink was.
Years of edging and promises for it all to just fizzle out and for the banks to just copy the technology.
Only way to make it is to gamble on fresh altcoins and play the shitcoin casino next bullrun, the Link dream is over.

>>56339441
You literally can't refute anything that's been said.
Sergey tried to get in bed with the institutions and they rugged his naive ass.

[Anonymous No.56339468]

>>56339454
Fuddies

[Anonymous No.56339471]

>>56339454
>Years of edging
i have cum in years sirs

[Anonymous No.56339472]

>>56339187
>Is it over?
>>56339233
>It's actually fucking over
>>56339250
>It's fucking over.
>>56339335
>It's so fucking over.
>>56339395
>It's fucking over for Chainlink.
>>56339425
>LINK is fucking dead
>>56339454
>the Link dream is over

What are you trying to say, anon?

[Anonymous No.56339482]

>>56339472
What the fuck do you think retard?

[Anonymous No.56339499]

>>56339482
Fuddies

[Anonymous No.56339509]

>>56339284
if ethereum and other public blockchains won't get enough users and interest they can just try to use their canton shit and make everything run on it. now that they have funded SBF and other scammers to blow the whole circus down nobody will want to participate the public blockchain bullshit
>>56339342

[Anonymous No.56339513]

>>56339441
>>56339468
>>56339499
>retard refuses to accept reality while it stares him in the face
Have fun missing another bullrun.
Link has a bullcase when it still seemed like banks wanted to use CCIP.
This isn't the case anymore.

[Anonymous No.56339522]

>>56339509
Yup, the real money and the bullcase for Link was the idea that the banks would use it to connect their private chains and carry out tokenization using LINK.
Now that's fucking over since they'll just do it internally with Canton, so the only use case left for LINK is the scraps of value from connecting private blockchains with public blockchains which won't even happen.

[Anonymous No.56339529]

>>56339513
>>56339522
Fuddies

[Anonymous No.56339538]

>>56339513
Banks aren’t switching to a single L1 dumbass.
They’re doing all kinds of experiments on a long list of public and private L1s.
In fact, Canton is yet another L1 that was added to that list just a few months ago.

[Anonymous No.56339540]

>13 pbtid

[Anonymous No.56339545]

Wow this thread sure has rilled up the fuddies. I didnt even mention chainlink, but to be clear, they have no choice but to use the Standard.

[Anonymous No.56339559]

>>56339538
They're literally all switching to Canton.
Look at the names on their website, more institutional adoption 6 months after launching than Chainlink could muster in 7 years.

It's clear Canton network is bank funded through and through and the option they'll use to switch to blockchain.

[Anonymous No.56339572]

>>56339559
Kek fuddie. Canton will still need to use chainlinked services for off chain data and to make financial products. They will still have to use CCIP as well. It's sad how desperate you guys are, I will pray for you.

[Anonymous No.56339585]

>>56339534
>17 pbtid
Lol, lmao even

[Anonymous No.56339587]

>>56339559
>They're literally all switching to Canton.
Look at the names on their website
Now look at the names on the websites of Hyperledger, Comsensys (quorum), Corda, etc.

[Anonymous No.56339614]

>13pbtid frantically scrambling to paint yet another VC scam as the "Chainlink killer"
lol

[Anonymous No.56339621]

>>56338972
Lol, so it's not using Chainlink and anyone pointing it out is just met with "you're a fuddies"? Why even make the thread are you guys retarded?

[Anonymous No.56339646]

>>56339621
Nobody’s being called a fuddie for pointing out that the project in OP isn’t using Chainlink.
They’re being called fuddies because >>56339472

[Anonymous No.56339685]

>>56339646
I mean, citi going live is huge, if it was link powering it we would be shilling it like there's no tomorrow. Can't blame the Cantonese guys for jumping on the train on that thread created specifically for that news.

[Anonymous No.56339700]

>>56339685
Creating tokenized assets is what L1s like Canton are for.
Connecting L1s is what CCIP is for.

You’re confused.

[Anonymous No.56339736]

>>56339685
>>56339687

[Anonymous No.56339759]

>>56339250
The trillion in retail value sits on public chains, that's where ALL the innovation is happening and will keep happening.
Companies were building their intranet in the 90s and early 00s but didn't really want to provide actual services on the internet. They were extremely slowly moving which is why you got companies like Paypal or Amazon grabbing all the value in the end.

These days really few companies run their actual network, almost everyone relies on SaaS like Salesforce or AWS.

[Anonymous No.56339845]

>>56339759
The chainlink bullcase was the quadrillions of value from tokenizing current bank data.
Now that's gone down to shitter and Chainlink is left competing for scraps in the shitcoin casino.

[Anonymous No.56339848]

>>56338972
Is there a token that you can buy?

[Anonymous No.56339863]

>>56339848
No you retard, it's a private institution only blockchain solution without a token.
Why the fuck would banks release a public token.

[Anonymous No.56339868]

>>56339250
>Canton network just ate Chainlink's lunch.
But chainlink ate ethereums lunch
So if ethereum eats cantons lunch then everyone should get fed

[Anonymous No.56339879]

>>56339509
>nobody will want to participate the public blockchain bullshit
Crypto is effectively inevitable, and it’s still in its infancy. There was a time when people were scared shitless to purchase anything online. Twenty years later, and online shopping has nearly killed brick & mortar. You’re still very early.

[Anonymous No.56339900]

>>56339879
>angelfire, geocities and freewebz are the inevitable base layers of the internet
is this the power of first mover advantage?

[Anonymous No.56339934]

>>56339559
>Look at the names on their website, more institutional adoption 6 months after launching than Chainlink could muster in 7 years.
The max extend of future chainlink use certainly has taken a nose dive; what is perhaps more unsettling is the timetable seems to be pushed back. If they are first now, landing on what model they want to use, it's will take eons before they have it up and running and interact with public chains.
I really thought they where further along, with all the testing and stuff..

[Anonymous No.56339952]

>>56338985

i thought credit suisse got rekt

[Anonymous No.56339959]

>>56338985
now those are some names i can trust!

[Anonymous No.56339983]

>>56339845
>The chainlink bullcase was the quadrillions of value from tokenizing current bank data
The Chainlink bullcase is connecting all the different chains with their respective tokens.
The more chains, the more bullish for Chainlink.

[Anonymous No.56340085]

>>56339900
Clearly innovation can defeat first mover advantage, but that’s a different topic. You are still using the internet, regardless.

[Anonymous No.56340115]

>>56339983
all those different chains are absolutely worthless and private chains don't even need a token of their own
you're a retard

[Anonymous No.56340123]

>>56340115
“Chains” includes private chains.

>private chains don’t even need a token of their own
Tokenized real-world assets, dumbass.

[Anonymous No.56340143]

>>56340123
They don't need CCIP if everything's running on canton, which it will since the banks obviously agreed on it as their single blockchain solution.

[Anonymous No.56340156]

>>56340143
Why would everything run on Canton when they keep creating new private chains like Canton?

[Anonymous No.56340204]

>>56340156
Canton is better CCIP, not a private chain.

[Anonymous No.56340215]

>>56340204
Canton is its own chain, it doesn’t connect to any other chain at all.

[Anonymous No.56340223]

>>56340215
No need for multi chain you retard since literally every bank agreed to use canton.

[Anonymous No.56340242]

>>56339241
Holy mother of COPE! Link faggots of suicide watch

[Anonymous No.56340245]

>>56340223
>literally every bank agreed to use canton
Source?

[Anonymous No.56340270]

>>56339162
Because he fears his competition

[Anonymous No.56340285]

>>56340245
https://www.canton.network/

[Anonymous No.56340290]

>>56340245
>Source?
his ass

[Anonymous No.56340311]

>>56340285
I’m seeing like two dozen names.
Hyperledger alone has like 5x more.

[Anonymous No.56340319]

>>56340285
this is like sourcing quant network for their partnerships lmao

[Anonymous No.56340342]

>>56340285
Literally every bank, guys.

[Anonymous No.56340348]

>this kills the linkjeet

[Anonymous No.56340372]

>>56340342
lmao there’s literally only one bank on there.

[Anonymous No.56340576]

>>56340285
Can someone link to their white paper? I don't want t0 use my work email to download it.

[Anonymous No.56340929]

>>56338972
>>56338978
https://www.ledgerinsights.com/citi-smart-contract-platforms-stocks-syndicated-loans/

Post a link to the Canton network article, because its not the one in your OP pic.

[Anonymous No.56341101]

>>56339863
Lol everyone look at this guy he totally wants me to sell. You want me to sell don’t you? I’m just not going to.

[Anonymous No.56341161]

>>56338978
I cant believe you tards fell for this. He edited this pic. That statement does not exist in the article OP screenshotted. He didnt provide a link for that same reason.
See:
>>56340929

[Anonymous No.56341241]

KEK fuddies

[Anonymous No.56341313]

>>56340929
https://www.ledgerinsights.com/syndicated-loans-smart-contracts/
https://www.ledgerinsights.com/30-firms-canton-network-for-institutional-blockchain-interoperability/

[Anonymous No.56341335]

>>56341313
>Public blockchains have shown the way, particularly on these two points, although Digital Asset has no plans to integrate with them. “They’ve created absolutely the North Star of what’s possible,” said Digital Asset’s Eric Saraniecki.
>“I don’t ever want to say that they’re not good or they’re bad. They’re just not fit for purpose for regulated financial institutions.”
>He compared public blockchains to Napster. While Napster laid the groundwork for digital music, it was risky to use. The IP-licensed and user friendly Apple iTunes put digital music on the map.
>“On a public blockchain you have to use the same set of validators. You have to compete for bandwidth on the network. All your data is completely transparent. Those are complete non starters for a regulatory compliant institution,” added Saraniecki.
>DAML applications and the Canton Network are privacy preserving by design. At the same time, an application developer can choose to make their app fully accessible to the public.
yeah very bullish for chainlink and public blockchains

[Anonymous No.56341354]

>>56340929
https://www.ledgerinsights.com/syndicated-loans-smart-contracts/
>>56341161
Dunning-Kruger.

[Anonymous No.56341453]

>>56339335
>uniswap uses chainlink oracles
This is how retarded fuddies are.

[Anonymous No.56341578]

[Anonymous No.56341586]

>>56341578

[Anonymous No.56341602]

>>56341586
So..are linkies fucked?

[Anonymous No.56341738]

>>56341586
Why did you delete, lmao this proves Canton is worthless.

[Anonymous No.56341755]

>>56341335
Chainlink connects private chains too.
Look up Swift's CCIP report.

[Anonymous No.56341773]

>>56341755
No look at this instead.
https://www.coindesk.com/markets/2023/10/11/chainlinks-link-is-safest-bet-to-profit-from-rwa-tokenization-trend-k33-research/

[Anonymous No.56341786]

>>56338978
BofA deez nuts

[Anonymous No.56341803]

I've said for years on biz that someone is going to come in at the end of just recreate their own version of CL without having to include a Russian scam artist. Most of you are too far down the rabbit hole to comprehend this possibility. Not sure if Canton is it, but if not then, someone else will.

Look at the NXT chart, that is your future

[Anonymous No.56341815]

>>56341738
Uh oh fuddies!

[Anonymous No.56341847]

>>56341803
>Not sure if Canton is it
It's not. It's basically Avax; an L1 with subnets.
It doesn't actually interoperate with anything.

[Anonymous No.56341868]

>>56341755
I know

[Anonymous No.56341959]

>>56339224
he said oracle solutions that introduce middleman ledgers for reconciliation are inefficient and banks don't want to use them

[Anonymous No.56342038]

meanwhile the 530 employees are sitting on twitter flirting with each other about a "meme contest", getting rich off of investor donations

[Anonymous No.56342462]

>L1 is a chainlink killer
Faggots dont realize that CCIP will $link this L1 to other chains

[Anonymous No.56342758]

>>56341847
>It doesn't actually interoperate with anything.
Doesn't need to, if all banks are on it.
Fuck, this stings.

[Anonymous No.56342802]

>>56342758
>if all banks are on it
They aren’t.
In fact, there have never been more different chains used by banks than now.

[Anonymous No.56342862]

>>56342802
Might be the case today. Maybe if banks are actually independent it will remain so. If, however, they get sat down in a room and told to drop their own blockchain experiments and switch to that centralized shit, then I'm fucked.

[Anonymous No.56342919]

>>56342862
>they get sat down in a room and told to drop their own blockchain experiments and switch to that centralized shit
And then everybody stood up and clapped.

[. No.56342985]

>>56339482
Can you eli5?

[Anonymous No.56343022]

>>56341101
>not going to
Haha same here. I'll never sell and I hate these clowns so much I've bought way more than I need. Funny, they've only made sure I'm going to be stinking rich lol

[Anonymous No.56343185]

Now this is pod racing fud. Canton is confirmed in everything I can find on production, hence CCIP's ghastly revenue so far. The only reason I hold Chainlink is because of the "trillions in value" meme. If that's dead, I'm getting the fuck out of crypto, they're making private shit they don't need retail for. Unironically over if you didn't sell at $50

[Anonymous No.56343213]

>>56339241
>CCIP connects different chains

I still don't understand how they can do this. It over my head

[Anonymous No.56343228]

>>56339454
>What a fucking waste of time Chainlink was.

It's brand fucking new what's wrong with you

[Anonymous No.56343239]

>>56339522
>the real money and the bullcase for Link was the idea that the banks would use it to connect their private chains

Why would banks decentralized their ledgers? This was not the value proposition of decentralized oracles.

[Anonymous No.56343262]

>>56339900

>geocities

>angelfire

>base layer

LOL

[Anonymous No.56343269]

>>56343213
as a user you can take out a loan on eth, then bridge the loaned funds to avax to do stuff. it takes a lot of steps and you have to sign close to a dozen transactions from start to finish.

basically ccip (oracle networks) acts in your place as the user and automates the process, it's as simple as that

[Anonymous No.56343384]

>>56339284
its teh same like with corda/R3 and what was the other discarded one
nobody has heard of them and they have minimal online open presence
this is what it looks like if banks build there own thing in secret and no (you) arent allowed in

still weird approach tho, its not a competitor to link at all and doesnt do oracles at all, it appears to be just another silod L1of which we really dont need another

[Anonymous No.56343826]

I’m confused how is this FUD exactly? Sergey has been saying banks will have their own private chains separate from Defi public chains, that both sides will use CCIP and that one day the goal is for them to be bridged. How is this not just the private chain side of exactly what he’s been saying.

[Anonymous No.56343857]

>>56343826
lol look at the desperate avocado chainshitter on damage control!
CCIP not needed if every bank is on Canton

[Anonymous No.56343864]

>>56343384
sir gay keeps saying hundreds of chains. all these corporations and banks have been building their own siloed permissioned chains behind closed doors and now they will release them and use CCIP to interact with each other

[Anonymous No.56343870]

>>56343857
>banks will just join ledgers bro because umm well they love sharing information!
lmao im not an avocado but you are a nigger

[Anonymous No.56344162]

>>56343022
>d d diamond hands my fellow apes

[Anonymous No.56344198]

>>56339187
>>56339233
>>56339250
>>56339335
>>56339342
>>56339362
>>56339395
>>56339425
>>56339454
>>56339482
>>56339513
>>56339522
>>56339559
>>56339646
>>56339845
>>56339863
>>56340143
>>56340204
>>56340223
>>56340285
>>56343857

[Anonymous No.56344221]

>>56339863
hey fellas, come get a load of this fudster. this fag is literally loosing his mind KEK

[Anonymous No.56344265]

>>56340204
>Canton is better CCIP

[Anonymous No.56344269]

>>56343857
Looking at your 20 pbtid in succession, you reek of paid posting more than anyone ITT.

[Anonymous No.56344275]

So how can I profit off this? How do I short Link?

[Anonymous No.56344310]

>>56342919
KEK

[Anonymous No.56344345]

>>56342758
>Fuck, this stings.
Kinda like when you voluntarily have cocks shoved in your ass you fucking fudfag

[Anonymous No.56344365]

>>56343185
You’re late to the fud seminar. Go back

[Anonymous No.56344397]

>>56343857
>20 post by this ID with nothing but negativity
Just curious, what language do you speak at home, anon?

[Anonymous No.56344715]

>>56339113
>https://www.citigroup.com/global/news/press-release/2023/citi-develops-new-digital-asset-capabilities-for-institutional-clients

WTF Pic rel kekekek

We live in a simulation and the line between reality and fantasy is incredibly thin

[Anonymous No.56344725]

>>56343870
Nigger is a pejorative term for an annoying Black person

[Anonymous No.56344755]

>>56344715
>Ryan Rugg
>Keith Bear
kek any others?

[Anonymous No.56344808]

>>56344715
Lmfao

[Anonymous No.56344814]

>

[Anonymous No.56344874]

>>56339330
>$7 -> $50 -> $0
Hey at least I can make up for 2021

[Anonymous No.56344905]

>>56344814
thats actually really bad for link baka

[Anonymous No.56344918]

>>56344905
It sounds like a corporate copycat of cosmos

[Anonymous No.56345342]

Feels good knowing no amount of retarded jeet fud can have any impact on me. Been holding since 2017 and these filthy 3rd world street shitters think their low IQ fud does anything.

I laugh every time I see the new Link killer pop up.

[Anonymous No.56345361]

>>56345342
Yet you felt the need to comment ITT shows how insecure you really are about your investment

[Anonymous No.56345471]

WHERE IS CCIP??? All of these institutions are releasing their private blockchains and are ready to interact with each other, BUT Sergey just sists on his ass all day not releasing anything. Then during the next advocate shill interview he'll say "wow i really thought this year was the year, but maybe next year will be the year when institution will adopt our unreleased technologies kek"

[Anonymous No.56345501]

>>56339224
if i had to guess, JPM and Goldman sachs, or maybe other NY Fed prime dealer banks with revolving doors to big wall street/city of london banks

[Anonymous No.56345518]

>>56339233
i think link will still be a tech provider to networks like these but probably not the base layer, more like a contracting SaaS (oracle as a service or similar)
as far as whether this will drive Link token demand/price, who knows. my instinct is, depends on tokenomics and i don't know much about link tokenomics. maybe staked Link will have the option to be used?

[Anonymous No.56345527]

>>56339241
yeah they are trying to build a closed loop system but the question of how it connects to players outside the loop is the question

[Anonymous No.56345546]

>>56345342
We are not alike then. I’ve got 4 wallets unlocking come v0.2 and they’re all being withdrawn and cashed out. Too late, there are no more 10x’s in crypto thanks to that fag jew fro

Back to equities trading for me

[Anonymous No.56345551]

>>56339274
>who is behind Canton
this is where being a schizo comes in handy
Citibank, JPM, Goldmans are all rockefeller institutions. short answer- Rockefeller network and institutions in that club, out to one degree. think of this as the new money wing of the "rules based global order"

[Anonymous No.56345581]

>>56339315
sooner or later, everyone will have to, once the field is fully regulated and crypto is brought into the fold, and all of finance is brought over to digital.

what's unknown is the steps between here and there, and the network this thread is referring to is betting/hoping (somewhat optimistically, IMO) that they will be able to make up ground and take more market share between now and then.

even if they aren't successful, they'll still have their own little closed loop system that they can continue their 6abylonian black money magic tricks/moneylaundering for black ops on. which is the real reason this type of network is being created btw- once everything's on a public ledger, they won't be able to engage in nearly as much fuckery, fraud, illegal behavior. so, they are creating little sub-universes where they'll still have the ability to make and break their own rules.

[Anonymous No.56345726]

>>56339344
until the cyberpandemic.

[Anonymous No.56345736]

>>56339411
i wonder if this is just updated Onyx/JPMcoin.

[Anonymous No.56345998]

>>56338972
>>56345736
Chainlink will connect onyx and canton and all the other bank chains with CCIP and link stakers will be distributed the banks new tokens in a fat build air drop in the next few months

[Anonymous No.56346025]

>>56344755
>>Ryan Rugg
There's a nice flow to this name

[Anonymous No.56346035]

>>56342758
>>It doesn't actually interoperate with anything.
>Doesn't need to, if all banks are on it.
Wait a sec, what decade am I in?

[Anonymous No.56346285]

>>56345581
>they are creating little sub-universes where they'll still have the ability to make and break their own rules
this.

[Anonymous No.56346351]

>>56346285
They’ve been trying this for many years with private chains.
But they just keep making more of them, which is exactly why Swift wants CCIP.

Canton came out very recently, and it only makes CCIP more needed.