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

/biz/ - Business & Finance

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8133511 No.8133511 [Reply] [Original]

Chainlink will fail cuz fees for ethereum contract are significant. They are created on chain and people need to pay a lot of gas for them.

On the other side Aeternity contracts will be out of chain and be executed on state channels. This will lower the fee for a smart contract to almost zero. Fast and Small Fee smart contracts + Oracles will make Aeternity usable in almost any system.

Last time I transfered my tokens from one address to another, it took more than 0.01 ethereum for executing a smart contract. eth was $1000+ back then. I paid $10 for executing a smart contract. + you add up chainlink custom fee to it and voila, it will cost and cost much.

When you need to integrate a coin into lets say... a video game system where users will be able to buy some items with coins. You shall need to use smart contracts. If you use ethereum for it, single transaction in a video game will cost user maybe 2$ + plus the cost of the item. with Aeternity contract it will be 0.01$ + plus the cost of the item.

AE will moon soon.

>> No.8133541

you forgot to mention aeternity only works for your shitty chain that nobody uses. chainlink has interoperability, the staking is done on the eth network but the middleware can be developed for any blockchain

>> No.8133590

>>8133541
stay poor

>> No.8133613

>>8133590
>no argument
stay deluded retard, nobody is going restrict themselves to aeternity's blockchain

>> No.8133672

>>8133511
Chainlink could move to Lisk once the SDK is released

>> No.8133755
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8133755

Hey guys. How much will 25,000 LINK be worth in 2 years??

>> No.8133783

>>8133511
Go ahead and tell Sergey then you dumbfuck
Why are you posting here

>> No.8133790
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8133790

>>8133511
ahhh, fresh fud. Will add this to the folder and enjoy when stinky linky is 1000

>> No.8133799
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8133799

>Aeternity

Oh look, it's another do-it-all project which half-asses everything, and markets itself as "the next X/Y/Z".

Do you even know how their oracle works? It's a glorified fucking polling/betting system.

>> No.8133825

>>8133755
a half eaten balogna sandwich on stale white bread

>> No.8133855

>>8133825
>tfw even if thats true ill have made it