/biz/ - Business & Finance

>>18791278
I saw Sergey Nazarov at a grocery store in Los Angeles yesterday. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for photos or anything. He said, “Oh, like you’re doing now?” I was taken aback, and all I could say was “Huh?” but he kept cutting me off and going “huh? huh? huh?” and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen Milky Ways in his hands without paying. The girl at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter. When she took one of the bars and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical infetterence,” and then turned around and winked at me. I don’t even think that’s a word. After she scanned each bar and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.

Friendly reminder SWIFT won't even be using Chainlink when it does finally start using distributed ledger technology (which is in at least 4-5 more years by the way).

Here's what it says on smartcontract.com:

>"We're proud to be working with SWIFT on their own SWIFT Smart Oracle."
Get it? Their own SWIFT Smart Oracle. NOT the chainlink oracle. Get it through your fucking heads stinky linkies.

Never forget that banks are interested in the blockchain technology, NOT some fucking ERC20 shittoken made by a Russian scammer/journeyman who walked away from NXT. All you autists who are constantly harping on about "the SWIFT announcement" are absolutely deluded. It's like you just conveniently ignore what it actually says on smartcontract.com itself simply because it doesn't make you feel good.

5 0 K S A T S
0
K
S
A
T
S

>>17653173
then you should be fine

>>17550199
>1800 - 2115: Drinks and pizza on Sergey
What does this mean?

>>17534687
do that 300 days in a row and you have as much as me, and I got it by just holding

Charts are looking pretty bearish atm, think its a good idea to sit in btc for a while or even tether?

https://www.theblockcrypto.com/amp/post/56207/bzx-attacked-again-645k-in-eth-estimated-to-be-lost

>"The estimated loss is 2,388 ether (ETH) this time, i.e., nearly $645,000. “This attack appears to be an oracle manipulation attack,” said bZx co-founder Kyle Kistner in the firm’s official Telegram channel."
>oracle manipulation attack

You
Just
Win

>>17295287
>1 BTC = 2k LINK

>>17207877
same
it's good to share and crowdsource research with other dedicated anons
it's a group mind that we can collectively reach into and interact with
fun stuff

>>16228742
We fucking did it bros. I love all of you.

>>16176214
is that the second cup and handle? what happens next fren.

>tfw I already know

$20 by the end of 2020

>>15952181
We will all make it, link will be between 50-170 in 365 days and then it will go only up to 1k.

We all can cash out 10% and buy nice cars and vacations until 1K

my life depends on you

>>15408387
this is a great post. cya at the yacht party

I'm confused, if you don't hold link why do you care if others do? It's almost as if you want to buy in lower.

$28.5
Screencap this.

The only thing Chainlink does is go lower.

>>14868661
>sometimes being a weird ugly retard is enough
mfw

>>14728992
So what follows logically from this? The initial network has to tap into this entropy of trust left over from the non-deterministic world. In other words, it can't be decentralized initially unless the network wants to go through a growth period where bad behavior is actually game-theory optimal (with asymptotic approach to trustworthy behavior).


Human beings being what they are, such a period would sour people against the use of smart contracts if they could be scammed early on, even if they were safer than conventional alternatives.


For an example of this look at common perception of bitcoin. It has provided 24/7 value transfer at discount rates since its launch 10 years ago. During that time billions have been transferred without loss. On top of that it has increased in value from less than a dollar to over a thousand dollars. Any stock, bond or precious metal that did that would be hailed as the greatest investment in the history of the world.


But human perception matters.


For that reason the chainlink network cannot launch decentralized and must launch with as much provider/node transparency as possible. This sets the floor for node behavior when the network does decentralize. Only though doing it this way will people, with all their flaws, see the value.


Put another way: the only way to successfully launch any oracle network is from the top down with respect to real-world trust. If you could launch a perfectly coded, perfectly transparent, perfectly decentralized oracle network right now you would still lose to chainlink. An oracle network must first have the buy in (and implicit pledge to perform) of those agencies with the most real world trust. The network which harvests these residual trust sources from the real world is the one that wins, and the one that wins is the de facto monopoly because those that can't harvest this resource must traverse the sybill period to launch.

>>14724818
So what follows logically from this? The initial network has to tap into this entropy of trust left over from the non-deterministic world. In other words, it can't be decentralized initially unless the network wants to go through a growth period where bad behavior is actually game-theory optimal (with asymptotic approach to trustworthy behavior).


Human beings being what they are, such a period would sour people against the use of smart contracts if they could be scammed early on, even if they were safer than conventional alternatives.


For an example of this look at common perception of bitcoin. It has provided 24/7 value transfer at discount rates since its launch 10 years ago. During that time billions have been transferred without loss. On top of that it has increased in value from less than a dollar to over a thousand dollars. Any stock, bond or precious metal that did that would be hailed as the greatest investment in the history of the world.


But human perception matters.


For that reason the chainlink network cannot launch decentralized and must launch with as much provider/node transparency as possible. This sets the floor for node behavior when the network does decentralize. Only though doing it this way will people, with all their flaws, see the value.


Put another way: the only way to successfully launch any oracle network is from the top down with respect to real-world trust. If you could launch a perfectly coded, perfectly transparent, perfectly decentralized oracle network right now you would still lose to chainlink. An oracle network must first have the buy in (and implicit pledge to perform) of those agencies with the most real world trust. The network which harvests these residual trust sources from the real world is the one that wins, and the one that wins is the de facto monopoly because those that can't harvest this resource must traverse the sybill period to launch.