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9601738 No.9601738 [Reply] [Original]

Did anyone here contribute to linkpool? Are you concerned, after Thomas Hodges' latest video, that setting up a node is actually going to be fairly straightforward?

>> No.9601764

>>9601738
yeah, but that's why I contributed the minimum. linkpool, like link itself, is an all or nothing proposition. If it works out, any amount will earn great returns.

>> No.9601776

I just don't like the idea of LINK pool, but I think so many LINK Marines fail to understand how anything about Chainlink works they'll buy into it.

I keep reading "I'm going to stake my LINK. I'll get rich!". But these brainlets don't realize you have to stake your LINK against data feeds, so how rich you get depends on what data you're providing and how reliable you are at providing it. You can't just "stake" LINK... but that's what void LINK Pool is trying to fill, giving normies a place to toss their LINK in the hopes that they get rewards by being part of a pool that provides data people want.

The problem is then you're 100% dependent on LINKPool providing valuable data, and providing it reliably, otherwise you may see little gains or will potentially lose LINK if it starts to shit the bed. I'd much rather take the 30 minutes to spin up a node and start hacking together my own data feeds and adapters because then I know how it runs, what data its providing, and have control over its reliability.

>> No.9601781

>>9601764
I was going to put 16ETH in because I was salivating over making 0.1% of all of LinkPool's returns. But now it looks like node creation might not be out of norman's reach, so that has the double effect of reducing linkpool's income (because fewer people will be using it) and making it better just to buy more LINK.

>> No.9601784

>>9601738
api access and node maintenance

>> No.9601789

A link node will be so easy to use normies will be able to make money off of it. Linkpool devs cucked everyone who bought in

>> No.9601808

>>9601776
So just to clear something up, if you set up a link node is it on you to connect it to specific data feeds? Or does the node just sit in an "open" state until a smart contract wants a specific set of data, at which points the nodes are directed by the contract to the data feeds?
Like, would I be setting my node to, say, "Mexican weather" data feeds and waiting for smart contracts that want that information, or would any smart contract that wants Mexican weather information be able to source that from any node that is chosen in the node selection phase?

>> No.9601813

>>9601781

LINK Pool is basically Oraclize running on Chainlink. MAYBE it gets adoption and makes some returns. I think in reality you'll find those returns are a lot smaller than a lot of people here are imagining. It might outpace soloing a node in the very beginning if Johnny picks the right data to provide out of the gate, but it'll get overtaken quickly as it can't keep up with the kinds of data the network demands.

>> No.9601825
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9601825

>>9601813
>>9601789
linkpool is first come first serve so we need more people to know about it and get in early to ensure there's no room for poor street shitting pajeets.

>> No.9601836

>>9601808

It can be either. You can have nodes that run and then feed into smart contracts on a schedule or based on some kind of triggered event, or nodes that are polled by smart contracts when it receives transactions. A node can include any kind of third party integrations, data processing, and formatting that would prepare the data for consumption by a smart contract.

>> No.9601844

>>9601776
>I'd much rather take the 30 minutes to spin up a node and start hacking together my own data feeds and adapters because then I know how it runs, what data its providing, and have control over its reliability.
This is exactly what I plan on doing. I have a feeling this is going to need to be tuned and tweaked regularly to best provide the most valuable data feeds. I'd rather be in control of that.

>> No.9601845

>>9601836
Sorry I think I was unclear. What I meant to ask is is it incumbent on the node operator to "point" the node at specific data feeds, or will the smart contracts themselves point to the relevant data sources and it will just be the node's job to process them?

>> No.9601857

>>9601789
You are actually a normie too because the Jews have infected your brain with their anti gold propaganda.

Unironically owning gold makes you a non-normie.

>> No.9601876

>>9601844

yup. think of running these nodes as mining. the data you're providing would be like all of the shitcoins you're speculating on. your job as a node operator if you're in it for the money is to keep tabs on what kinds of data the network is requesting the most of, finding sources for that data, and then setting up your node to service that data. What data is most profitable to the network is going to change at least twice a month once things are up running so being tied down to LINK Pool will hurt more than help IMO.

>> No.9601882

>>9601776
Yeah I agree... buy at least 20 ounces of gold with your link gains

>> No.9601897

>>9601876
Although to be fair, I imagine the linkpool operators will be flat out trying to stay on top of that as well. Although it raises the interesting question that if they are running hundreds of nodes and they turn them all onto the currently most profitable data source, whether it will instantly saturate the market.

>> No.9601905

>>9601882
The only way you will make it is if you have some gold and silver too. Don't forget that the Jew big nosed kikes may not want you to have crypto but they def don't want you to have gold.

Gold means our purchasing power is stored. So Jews can't steal it.

If you buy link you might become a millionaire but those millions will still be confiscated through inflation

>> No.9601911

>>9601882

Nah fren. I'm going to buy real estate debt free. Lots and lots of real estate. And then I'm starting a corp providing some key infrastructure to my region that it currently doesn't have. It will be both beneficial to the community and ridiculously lucrative for me.

Then I'll buy gold to lock it all in after that :P

>> No.9601918

>>9601905
Kys boomer

>> No.9601924

>>9601897
Stake in link pool but make sure you have a certain % in gold. Our founders put in the constitution that only gold and silver shall e legal tender for a reason.

The economy is completely fucked ho because we don't have real money (gold) backing the currency.

50 years ago there was no talk of "income inequality" because gold backed the currency. Today income inequality is a top 3 issue... but nobody realies it's an issue because gold doesn't back the currency. They just think muh billionaires are hoarding and that's why they are poor

>> No.9601944

>>9601897

True. If a real open source community were to emerge around LINK Pool I'd feel a lot more comfortable with it. One dude is going to get bottlenecked trying to run it as a service, and even a couple more devs aren't going to help. They're also not always going to pick the best data. Do I think I can do it better? Maybe not, we'll see. But as a web app developer I feel I owe it to myself to dig into the first project that starts to blur the lines between my world and the dApp dev world either way so even if I miss some gains, I'll gain some new skills for the resume I likely won't need again kek

>> No.9601955

>>9601911
That's fine if you can buy outright. Which might be a possibility. But your investment will go down cuz real estate is extremely overvalued.

The real play is to buy gold. Wait for the deflationary collapse. Then gold gets revalued multiple time higher than it is right now and 2-3 ounces of gold (converted to the new currency) buys you a home outright.

Now obviously you can buy a home if you don't want to wait and also hedge by buying gold too. But gold is a must. Don't stagger and buy real estate and then wait to buy gold.

What people do not realiZe is crypto does NOT solve the debt problem that the world is swimming in because of fiat. Gold solves that's problem.

China has been accumulating record tonnage of gold for years now, and they are also pro crypto.

Anons... don't make the mistake that gold won't play a role in the new crypto world because it will

>> No.9601992

>>9601876
agreed. I'm stoked to get a test node up and running. I did the Ruby one months ago and that's what sold me on the project. I'm wondering if I can run this shit off a RPi3 reliably. I ran the Ruby one in a VM on an older Core i5 with zero issues so I'm guessing it'll be very low demand spec wise. I've got my RPi3 running apache + emulationstation that is on 24/7 already, I'd love to be able to run a node off the same unit so I'd be able to easily ssh in and update/tweak on the go like I do with the web server.

>> No.9602004

>>9601955

>But your investment will go down cuz real estate is extremely overvalued.

this will happen in 5 years fren, so real estate will be nice and cheap again. and buying with cash I won't have to pay the crazy rates we'll have then, which gives me an edge over anyone else financing properties at that time in terms of ROI.

Also I guess I missed a key piece of the retirement equation. These aren't just any real estate purchases. I'm targeting cheap income real estate. I'll replace my salary with income from rental units purchased debt free after already killing all debts and be able to comfortably retire without ever actually giving up any equity. Cash out crypto -> buy income properties -> retire young -> buy gold with any surplus.

>> No.9602008

My calculus is that if LINK is successful:

a) I'll be rich enough anyway
b) LinkPool will be eaten alive by institutional actors

>> No.9602021

>>9601992

ooo. Interesting. I bought a Khadas VIM2 Pro not long ago but haven't put it to work for anything yet. You might be onto something.

https://www.khadas.com/vim

>> No.9602080

>>9602021
these little linux boxes are probably all more than capable. If it is gonna be on 24/7, put it to work.

>> No.9602103

>>9602080

ya fuck it, that's my new Saturday night right there kek

>> No.9602111

Keksius maximus, Linkpool are the biggest Jews in the link community. Firstly they always overstated the difficulty in node operation, 'expenses for infrastructure", infrastructure, you fucking kikes your running it in the cloud. They also have obfuscated the difficulty in getting access to data, so you guys honestly didn't think this creates a fucking data market? Where companies are more than happy to give you access for a price. Then after obfuscating the difficulty to run said node, they are like hey guys we heard people are upset about the fees so we're going to raise money to reduce them. After money is raised, actually we can't reduce the fees that much because that would be unfair to our supporters. Haha bait and switch, I hope these kikes burn in hell, the funny thing is everyone was supporting them the whole time, you faggots. Linkpool will slide into irrelevancy, why the fuck would we want to centralise a decentralised oracle. Wew lads, fuck me

>> No.9602130

>>9602111
trips of truth. Anyone who gave their money away to this kikery deserves to get just'd

>> No.9602134

>>9601845
It sounds like the node operator has to preselect the data source they offer by attaching an adapter to that API, and contracts can search for you based on you offering the source they want.

I hope there’s a good way to see what the high demand sources are because I have no idea which ones are the best to offer

>> No.9602186

>>9602134
Yeah it will be really interesting to see how this actually develops into an ecosystem/market where node operators are hunting for profitable data sources. I imagine there will be a whole range of ancillary services that spring up to meet these needs.

>> No.9602234

>>9602004
Gonna be a dollar crisis not just your run of the mill housing stock market recession. Gold first then buy real estate.

>> No.9602242

>>9602234
Kill
Yourself

>> No.9602245

>>9602111
I don't see kikery. I think they just jumped the gun. Checked.
>>9602134
>I hope there’s a good way to see what the high demand sources are because I have no idea which ones are the best to offer
watch the network and see what kind of contracts are netting the most link. At least early on. Later, you'll prob have a variety of data feeds set up already and you may be able to automate it by parsing the network to follow demand.

>> No.9602293

>>9602111
Trips speak what we all know and don’t want to admit. Linkpool is trying to cuck us. But stinky linkies chose the difficult path. Why go through all the trials and tribulations of making it, just to let some kikes steal a third of you profits? Talk about bending over

>> No.9602396

FAT

>> No.9602405

>>9602234

The dollar crisis will come later. The collapse won't come all at once, it will be a series of bursting bubbles that takes decades to fully break down. By 2030 things will be starting to look dicey, but we've got a long way to fall and a lot of bubbles to burst through before anything turns into a dollar crisis.