Chainlink Questions

File: 61 KB, 537x615, lambo.jpg [View same] [iqdb] [saucenao] [google]

Chainlink Questions Anonymous Mon Jul 8 23:47:48 2019 No.14672345 [Reply] [Original]

I'm the asshole that's been posting technical breakdowns of why Chainlink is practically useless.

Figured it couldn't hurt to do this the other way and make a thread for people to ask me any questions about Chainlink they may have. I suspect a lot of new holders are recent people who bought the bags of people who already knew it was a scam, and you may be curious why what you bought is worthless.

I'll try to be nice and answer questions honestly. I totally expect most conversation here to be dumb memes and shilling but why not try.

>>	Anonymous Mon Jul 8 23:48:36 2019 No.14672357 >>14672345 What if you're wrong about everything?

>>	Anonymous Mon Jul 8 23:49:46 2019 No.14672370 Why do you put so much effort into researching a scam?

>>	Anonymous Mon Jul 8 23:50:42 2019 No.14672386 >>14672345 Why is Google, Oracle, and Coinbase supporting this scam?

>>	Anonymous Mon Jul 8 23:52:23 2019 No.14672405 >>14672345 Very cool, but why would you spend your time to do this? What do you gain out of it? Mind you, this is very different from going into a Link thread and making a quick post saying the coin is shit.

>>	Anonymous Mon Jul 8 23:53:17 2019 No.14672419 >>14672345 How about no one cares about your TA, or your opinion. Everyone larps here as a nu linker anyway

Anonymous Mon Jul 8 23:53:41 2019 No.14672424

>>14672345
why do most users use words like FUD or COPE when addressing your claims. They don't even try to rebut they just ad-homenim, that shit is always a sign of something odd or false.
I want to know honestly is it worth it? i have heard the devs are dumping the coin right now.

>>	Anonymous Mon Jul 8 23:53:50 2019 No.14672426 >>14672345 why are top 1000 wallets accumulating link still if its a scam?

>>	Anonymous Mon Jul 8 23:54:49 2019 No.14672432 >>14672345 haven't done any research and havent bought any link but why wouldnt a coin that links outside of blockchain information to the blockchain not be useful

Anonymous Mon Jul 8 23:55:01 2019 No.14672433
File: 819 KB, 346x495, AA681F66-F647-408C-BEA2-68CDBB70439D.gif [View same] [iqdb] [saucenao] [google]

>>14672345
How did SWIFT manage to get hoodwinked by this Chainlink scam. Or is SWIFT in on the grand conspiracy to scam Google, NEETS and normies too?

Explain.

Anonymous Mon Jul 8 23:57:39 2019 No.14672475

>>14672357

That would mean they have a novel solution to decentralized oracles that they've hidden entirely for 2 years. Possible but I really doubt it.

>>14672370

I'm a smart contract developer. I know about most projects in the space pretty well.

>>14672386

Google posted a blog showing how you could query data using their BigQuery platform. They just want to drum up interest in BigQuery.

Oracle said they would help some startups partner with Chainlink. No idea what that really means but Oracle is old shit in the software world. If you ever talk to an engineer they'll explain that Oracle essentially bribes managers and higher ups to buy expensive software contracts then they just force the workers to use their shitty software and pay expensive contracting fees to make it actually work.

Coinbase also has XLM and ETC. Coinbase just cares about volume as they make money off of fees.

>>14672405

Frankly it annoys me. Especially now that people are assuming its a serious option for decentralized oracles now that the price jumped.

>>14672424

Because they don't know what they've purchased and what makes LINK and similar scam coins valuable is a group of die hard advocates that will bring other fools into the fold. It's like an MLM.

Don't know for certain if the DEVs are dumping BUT one of the "non circulating" wallets moved tokens to Binance provably. Thats not good any way you spin it.

>>14672432

It doesn't actually do that. Its just a token they recommend you pay yourself when putting data into your own contracts.

>>14672433

What partnership do you believe they have with SWIFT? Anything more than an exploration or research type of thing?

>>	Anonymous Mon Jul 8 23:57:41 2019 No.14672476 >>14672345 what's the largest bonus in USD you ever received for working in technology

>>	Anonymous Mon Jul 8 23:58:40 2019 No.14672494 File: 27 KB, 530x397, 277DC505-7CFF-4B34-A640-2373D9B31F4A.jpg [View same] [iqdb] [saucenao] [google] >>14672426 THIS >>14672433 THIS OP wont explain why because OP is a massive pule a pee and poo

>>	Anonymous Mon Jul 8 23:59:36 2019 No.14672513 >>14672475 >That would mean they have a novel solution to decentralized oracles that they've hidden entirely for 2 years. Doesn't that fit the basic zeitgeist, though? >Partnered with big finance ergo extreme secrecy

>>	Anonymous Tue Jul 9 00:00:28 2019 No.14672531 File: 241 KB, 1092x840, A2A5EA58-C2AA-45DF-B784-9109B23E5C64.jpg [View same] [iqdb] [saucenao] [google] >>14672345 Why dint you buy when it was .12 cents? You had two years

>>	Anonymous Tue Jul 9 00:00:48 2019 No.14672538 >>14672426 Explain faggot op

>>	Anonymous Tue Jul 9 00:00:50 2019 No.14672539 Are you Australian?

Anonymous Tue Jul 9 00:01:42 2019 No.14672551

>>14672476

A large amount

>>14672494

People were still buying Bitconnect after they shut down.

>>14672513

You cannot have a decentralized oracle system that is closed source or at least not trustlessly verifiable.

>>14672531

Who says I didn't? I'm just trying to explain its a scam. People make lots of money off of well timed scams all the time.

>>14672539

No

>>	Anonymous Tue Jul 9 00:02:19 2019 No.14672556 >>14672551 Keeping it under wraps before it's ready is categorically not the same as it being closed source.

>>	Anonymous Tue Jul 9 00:02:56 2019 No.14672565 decentralized oracles not solved yet is priced in. the thesis is that they'll build the largest trust network and serve as a pre-built joint venture for participants

Anonymous Tue Jul 9 00:03:09 2019 No.14672566

>>14672345
your extreme dedication to FUD makes me feel a lot better about holding. thanks I’m gonna buy more and talk to my company about implementing smart contracts.

actually you said you are a smart contract developer. shill me your solution and if it sounds better I’ll discuss with them about going that route instead

>>	Anonymous Tue Jul 9 00:05:41 2019 No.14672597 File: 3.68 MB, 640x356, 1516415747615.gif [View same] [iqdb] [saucenao] [google] >>14672475 >i'm a smart contract developer

>>	Anonymous Tue Jul 9 00:08:00 2019 No.14672621 then why dont you join the team and tell them that ?? You seem to care a lot

Anonymous Tue Jul 9 00:09:36 2019 No.14672636

>>14672556

They've already released what they have discussed and haven't suggested anything concrete about how to actually create what they promised originally.

If they only defense of their project is that they will eventually do what they said and they're going to be shrouded in secrecy I obviously can't argue against that but really think about if you believe that or not.

>>14672566

If your company would use their solution you can just roll with a much simpler version yourself that doesn't cost LINK.

Have your contract whitelist one address you have the key to. Run a server that has access to the private key. Your contract can request data by emitting an event. The server subscribes to this event type. When it happens the server gets that data however you want then uses the key to provide it for the contract. It's that easy.

>>14672621

Why would I join a scam team?

>>	Anonymous Tue Jul 9 00:09:51 2019 No.14672640 >>14672345 Who provides reputation? KYC wouldn't be needed if it was actually decentralized imo.

Anonymous Tue Jul 9 00:11:52 2019 No.14672671

suppose someone wrote an open source smart contract with a function that pays out the current market rate for a commodity to an address. and suppose thousands of businesses wanted to use that contract as part of a larger integrated tech stack. and suppose they have an SLA with their end customers that causes them to pay penalties for any outages.
Should each of them negotiate their own data provider arrangements and built their own integration? or would it be more efficient to use chainlink even if its not decentralized?

Anonymous Tue Jul 9 00:14:59 2019 No.14672703

>>14672640

Their reputation system is just a list of nodes with stats. It's a solution that works until it doesn't. Sort of like using the EBAY rating system but for potential multi-million dollars contracts.

>>14672671

If its data from a smart contract they can all just use it. The Ethereum blockchain is public. There's no need for any middleman at all.

If the data is off-chain and they're all willing to use that they can just all point to a centralized feed that doesn't require all of the complication of involving LINK at all.

>>	Anonymous Tue Jul 9 00:15:40 2019 No.14672712 File: 1.73 MB, 1500x1727, 1562299229960.png [View same] [iqdb] [saucenao] [google] lmao OP is a huge troll stopped reading after he thought theyve been working on this for only 2 years

>>	Anonymous Tue Jul 9 00:16:12 2019 No.14672721 >>14672712 Deliberate mistakes like that are in there as a subtle signal to oldfags.

>>	Anonymous Tue Jul 9 00:16:20 2019 No.14672725 >>14672345 Dude you’re a certified retard. Stop.

Anonymous Tue Jul 9 00:16:42 2019 No.14672729

>>14672636
this is severely dumbed down for a single use case with no specifics. for someone complaining about vague explanations, this one takes the cake.

now considering my company would take your advice, what are the ramifications?
well now we have an incredibly critical server to manage and protect (having access to private key and being the single trust of contract execution). the amount of money and risk involved in securing and managing this server, at least for smaller businesses, would far outweigh the benefits of creating it in house. not to mention the cost of development, software licensing, and paying all the SMEs needed to create it, manage it, and protect it.

do you not understand how business works? I COULD raise my own cow, kill it, and grill it. Or I could buy burger from a huge chain already doing all that, or everything minus the cooking, and not save myself money, time, and a headache.

shit answer

>>	Anonymous Tue Jul 9 00:18:24 2019 No.14672755 File: 47 KB, 645x729, 7E338F99-4DBB-452B-B386-D4E6C6725B3A.jpg [View same] [iqdb] [saucenao] [google] >>14672475 > smart contract developer > thinks chainlink isn’t necessary It’s all so tiring. Just fuck off and get a life op.

>>	Anonymous Tue Jul 9 00:19:19 2019 No.14672770 >>14672703 Well sure the nodes are rated, but who is rating them? A decentralized consensus? Or the chainlink devs using a made up formula (kyc,...)

Anonymous Tue Jul 9 00:22:06 2019 No.14672806

>>14672712
>>14672721

I'm only counting the time since they received LINK token funding. I'm not sure why you think saying they've spent even more time to have not solved the problem they set out to would be a good thing.

>>14672729

You would have an incredibly critical server to manage and protect anyway. You'd be running the Chainlink Node in their current architecture already.

Let's assume you want someone else to run it though. Why? Then its a critical server that you're just trusting someone to run and provide data. Again, there is no decentralization or Chainlink node validation in place.

It also is not expensive or hard to manage a server. Every software company has servers that are mission critical they manage. You're reaching a bit out of your zone of knowledge here.

>>14672770

That's a great question. They don't specify. They just say it will record and publish "user ratings". This sort of loose explanation is pretty common in their whitepaper.

Anonymous Tue Jul 9 00:22:41 2019 No.14672818

>>14672703
losing credibility

>If its data from a smart contract they can all just use it. The Ethereum blockchain is public. There's no need for any middleman at all.

as we both know, up to the minute commodity prices aren't available on the ethereum blockchain

>If the data is off-chain and they're all willing to use that they can just all point to a centralized feed that doesn't require all of the complication of involving LINK at all.
"just point to a centralized feed"
will the centralized feed implement transferAndCall or what? how would billing work? or are you saying they should roll their own homebrew version of a chainlink node and hardcode that to point to a centralized feed? Just a few bullet points would be cool.

anyway, joke's probably on me for taking you seriously but just checking

>>	Anonymous Tue Jul 9 00:23:49 2019 No.14672836 >>14672345 Is it true that chainlink is fooling the big companies to run nodes connected to thier servers and using several exploits and enumerating over default server credentials to install a secret monero miner on their servers?

>>	Anonymous Tue Jul 9 00:24:33 2019 No.14672848 >>14672806 How do you explain the positive feedback MIT gave them and the attention from Forbes.

>>	Anonymous Tue Jul 9 00:25:37 2019 No.14672857 >>14672806 yea well given my job, I hope companies take your advice. so when i pwn their custom smart contract server, i can hear the dread in their voice. do you roll your own encryption too?

Anonymous Tue Jul 9 00:26:51 2019 No.14672869

>>14672636
You're so smugly arrogant and wrong it actually rustles my jimmies, congratulations.

If you're trustlessly executing a $1MM contract based on data inputs, for example, you don't want it to come from one fucking predetermined server you absolute retard. Now please fuck off and fud Reddit instead. They don't actually know what they're talking about, you'll fit in perfectly. There's actually a few bright educated Anons here.

Anonymous Tue Jul 9 00:26:52 2019 No.14672870

>>14672703
>their reputation system

Ok you officially don’t know what you’re talking about or are being intentionally deceptive because every “system” they use is modular and upgradable, including the reputation and identity systems

>just use a centralized price feed

Uh huh. Opinions discarded

>>	Anonymous Tue Jul 9 00:27:54 2019 No.14672884 >>14672345 Why is RLC a better product?

>>	Anonymous Tue Jul 9 00:28:06 2019 No.14672889 >>14672857 also and further to your point, "just stand up a server" is a general critique of any infrastructure saas, and not at all a convincing one. in fairness it is one i've heard before from bad junior devs.

>>	Anonymous Tue Jul 9 00:30:33 2019 No.14672908 >>14672345 Is this the most elaborate scam in this space? If so, then this is surely going to 1k eoy

Anonymous Tue Jul 9 00:31:25 2019 No.14672922

>>14672818

You were the one who said it was data from a smart contract.

I'm saying if they want a fast resolution oracle then they will have to build some automated software that updates their contracts. This is pretty commonplace already. Do you think the MakerDao price feeds are updated by hand?

>>14672836

Sounds fake and gay.

>>14672848

Was the attention about anything other than the rise in price?

>>14672857

How would you pwn their private server? If you can access their internal network sure but then you could just pwn them anyway.

>>14672869

Chainlink currently IS "one fucking predetermined server" in the context of any users Oracle smart contract. It may as well be one you totally control and with less of the bullshit of LINK involved.

>>14672870

I'm just relaying what the whitepaper literally says. I don't believe they even have any reputation system implemented yet.

Centralized price feeds are how almost everything works currently. Point out a decentralized price feed.

>>14672884

Not familiar with it. Probably also a scam though.

>>14672889

They aren't providing hosting. Their software is not novel and includes a framework that adds a lot of complication and cost. Given that I would definitely argue rolling your own is the better choice.

Anonymous Tue Jul 9 00:34:32 2019 No.14672963

>>14672922

>You were the one who said it was data from a smart contract.

no, you misread. that's ok

> I'm saying if they want a fast resolution oracle then they will have to build some automated software that updates their contracts. This is pretty commonplace already. Do you think the MakerDao price feeds are updated by hand?

you think every business should build a makerdao clone? losing track of your argument. what is on the server that they "just stand up"

>>	Anonymous Tue Jul 9 00:35:57 2019 No.14672978 >>14672345 your fud is boring and stale be more creative or just stop

>>	Anonymous Tue Jul 9 00:36:02 2019 No.14672981 >>14672922 Iexec (RLC) doesnt seem like a scam https://networkbuilders.intel.com/social-hub/video/5g-blockchain-powered-smartcities And they also do decentralized oracles.

Anonymous Tue Jul 9 00:42:03 2019 No.14673045

>>14672922
>how will they pwn our private server tho? its PRIVATE
yeah, nobody has ever had this attitude and gotten rekt...

im bored. you have not provided any level of technical detail for this server you spin up that solves the oracle problem and is impenetrable. like I said, I hope companies try to do this to save money. The majority of companies in tech cannot protect themselves for shit. I’ll have a field day. good luck with ur FUD.

>>	Anonymous Tue Jul 9 00:44:28 2019 No.14673086 If you posted a video with Sergey admiting it's a scam I still would not sell.

>>	Anonymous Tue Jul 9 00:44:33 2019 No.14673087 >>14672475 SAY IT WITH ME KNOW >SWIFT >ORACLE >GOOGLE >COINBASE at least you tried OP, now go dilate you mentally ill cunt

Anonymous Tue Jul 9 00:44:58 2019 No.14673090

>>14672963

Ok.

I'm saying it's not difficult to get trusted centralized data on chain. The only thing that makes it difficult it making it trustless and decentralized. Chainlink doesn't do this.

The problem is that you, and others, desperately want to believe there is a reason someone would want to use what they are providing. The reality is there isn't a use case for what they've actually built.

There would absolutely be a use case for what they promised.

There is no need to run a Chainlink Node because the locally run equivalent is probably a 100 line program that subscribes to logs, proxies log data requests into an HTTP request, and signs a transaction on your contract. Its a very easy piece to build.

>>14672981

How do their decentralized oracles claim to work? Will look into it.

>>14673045

I'm genuinely curious if you feel accomplished after shitting yourself and throwing a fit and declaring that you won.

>>	Anonymous Tue Jul 9 00:45:47 2019 No.14673100 >>14673087 You are of the same shit breed than OP, this artificial trannies vs. nulinker shit drama is stale and boring, fire the script writers, they suck

>>	Anonymous Tue Jul 9 00:47:31 2019 No.14673129 >>14672345 this is some good psyop

>>	Anonymous Tue Jul 9 00:47:33 2019 No.14673131 >>14673100 dca 26c kys famalam

Anonymous Tue Jul 9 00:47:35 2019 No.14673133

>>14673086

I believe you actually.

>>14673087

I addressed these. Didn't hear any counters.

>>14672978
>>14673100

I could make up a story about Sergey giving me a prostate massage in the McDonalds parking lot behind the dumpster while a hobo OD'ed on bad Meth if you want.

Anonymous Tue Jul 9 00:48:05 2019 No.14673143

>>14672703
>It's a solution that works until it doesn't. Sort of like using the EBAY rating system but for potential multi-million dollars contracts.

Like ratings on collateralized debt obligations, gosh rating multi-million dollar contracts has never been done before. Granted the CDO rating thing didnt work too good

>>	Anonymous Tue Jul 9 00:49:56 2019 No.14673170 Is that you creg? I think youve had one too many today

>>	Anonymous Tue Jul 9 00:50:06 2019 No.14673175 >>14673133 that would be at least entertaining, but the front desk tier technical fud is just tiresome.

>>	Anonymous Tue Jul 9 00:50:49 2019 No.14673184 Cats out of the bag. It looks like OP knows his shit. Gonna sell all my chainlink save for a suicide stack.

Anonymous Tue Jul 9 00:52:43 2019 No.14673206

>>14673090
Not sure anon, I started to gain interest in it after seeing this thread:

>>14545653

I’m curious what you think, because you seem to be knowledgable. I see a lot of FUD back and forth regarding both on this board, so I’m not sure what to believe at this point. Anyhow, thanks for answering these questions. Godspeed.

>>	Anonymous Tue Jul 9 00:54:21 2019 No.14673231 What about generating a random number for betting, lotterys, online casinos, etc? How can you trust that a random number generator is actually random?

>>	Anonymous Tue Jul 9 00:54:44 2019 No.14673238 >>14673206 >I’m not sure what to believe find a religion, get out of tech

>>	Anonymous Tue Jul 9 00:57:27 2019 No.14673269 >>14672345 I still have 5k in link? Should I love it to something else like QNT or LIT?

Anonymous Tue Jul 9 00:59:29 2019 No.14673298

>>14673143

You pointed out the problem for me. Thanks!

Really nothing is inherently wrong though with centralized curated solutions. That's just not what they're claiming to be and for automated smart contract data entry it has to be viewed as a potential risk.

>>14673206

I'll read and if the thread is still alive I'll let you know

>>14673231

There are some projects that have psuedo-solutions to this. Radioactive decay is the only way I know of to achieve true randomness and its hard to automate results from that.

>>14673269

I really don't want to shill other ERC20 tokens since even the legitimate ones have debatable value and it would sort of invalidate the stuff I'm saying here. That said I would not personally hold LINK long term. There might be money to be made trading it but it isn't something that will end up being used like ETH.

>>	Anonymous Tue Jul 9 00:59:47 2019 No.14673302 Literally the most brainlet tier FUD I've ever seen and OP actually thinks hes smart lol. Nulinkers cant hodl lol

Anonymous Tue Jul 9 01:00:43 2019 No.14673313

>>14673090
only replying because of your “genuine interest”
no i dont feel accomplished. i wasted my time with you. you are either a low level code monkey brainlet, or a fudder using some level of knowledge to trick less technical ppl. either way i dont have the time or patience to spend explaining all the technical detail of how your “just stand up a server” is a horrible idea, beyond what i, and others, have already pointed out. its on you to lay out the detail of your perfect plan to accomplish what chainlink does without it, in house, and for cheaper.

but considering your level of dedication to this scam larp, i am guessing you are either upset you missed out or trying to fud for cheaper bags. either way man, whatever. i’ll be accumulating for a while, and in a couple years when its top 3 on coinbase with btc and eth, u will still be swinging shitcoins and fudding /biz , probably still writing shit code too.

>>	Anonymous Tue Jul 9 01:02:36 2019 No.14673344 >>14673313 seething

>>	Anonymous Tue Jul 9 01:03:01 2019 No.14673352 >>14673298 Thx based tech anon

Anonymous Tue Jul 9 01:03:16 2019 No.14673357

>>14673298
>I'm a developer
>LINK ERC-20
HURRR DURRRR You're a fucking larp or you're a low IQ engineer with zero knowledge of anything except how to code monkey your way into a $60k salary job.

Either way, fuck off. Zero fucking knowledge, you are sad.

Anonymous Tue Jul 9 01:05:25 2019 No.14673385
File: 151 KB, 1597x869, everyonewillusechainlink.jpg [View same] [iqdb] [saucenao] [google]

>>14672345

DumbAnon, you haven't really answered much.

Yes, besides

Google
Oracle
Swift
Coinbase

You have the "hundreds of teams" ready to adopt Chainlink.

If you believe Chainlink to be a scam then how can you explain all these partners.

Are you saying you know more then these crypto projects?
Are you saying you know more then Google, Oracle, Swift and Coinbase?

And no you did not answer the Oracle Corp question. You said they are old. Sure they are old but they are still a Billion dollar company and leader in their field that will be using Chainlink. Not only are they offering their devs for free to 50 startups they are incentivising their 430,000 customers to do the same to their customers. The network is huge and will be huge for Chainlink.

Take a good look at this picture everyone.

You can follow DumbAnon if you like. But with every passing day there is a new partner added to The Chainlink network. Why in the world would all of crypto partner with a scam company.

Good luck trying to explain that one.

>>	Anonymous Tue Jul 9 01:06:02 2019 No.14673395 >>14673357 He is a nufuder, he tries his best, and I'm sure some nulinkers like you fall for it, but overall it is just boring and doesn't deserves any kind of reaction beside telling him to be more creative and less obvious

Anonymous Tue Jul 9 01:07:46 2019 No.14673410
File: 118 KB, 768x960, 1559103901750.jpg [View same] [iqdb] [saucenao] [google]

>>14673090
https://cointelegraph.com/news/ethereum-based-synthetic-asset-platform-loses-over-37m-tokens-in-oracle-attack

This is what happens when you use "trusted" private, sole source data in the real world. 11.5 billion dollars instantly arbitraged.

This isn't meant for faggots that need GPS locations for their cuckold furry hookup dapp...this is for big boy futures contracts where one byte of data being off loses billions of dollars.

I realize this is just some redditnigger that sucks at concern trolling, but jesus try harder.

>>	Anonymous Tue Jul 9 01:08:18 2019 No.14673416 >>14673357 It's a coordinated BSV campaign

>>	Hammer of Light Tue Jul 9 01:10:56 2019 No.14673445 >>14673313 my read at this point is larp pretending to be junior developer. we all know the one, who thinks somehow the enterprise it team is going to deploy his retarded perl script and "why did the project take so long everyone else is stupid"

>>	Anonymous Tue Jul 9 01:10:58 2019 No.14673446 >>14673298 Radioactive decay occurs at a set rate. How the hell do you think they do carbon dating.

Anonymous Tue Jul 9 01:11:14 2019 No.14673448

>>14673313

I already laid it out. I think you're confused because of how simple it is to do yourself. it's nowhere even approaching this grand glorious endeavor you make it out to be.

Rolling your own in house Chainlink system:

> Your contract has an authorized data entry address
> You have a server that controls the private key for that address
> Your contract can emit an event to request data
> Your server subscribes to that event (this is built in to Ethereum provider libraries. Its that simple)
> When an event happens the server signs a transaction on your contract to provide the data

That's it! It's incredibly easy. There is no loss of security compared to running your own Chainlink node and you've reduced complexity immensely while also giving your team the freedom to build your own stack.

I don't think you're actually coming form a good faith position at this point by the way but I promised to try and be nice.

>>14673352

No problem anon

>>14673357

Ya got me. I feel real silly now.

>>14673385

Oracle didn't say they would use Chainlink. None of those nodes on your chart are actually using Chainlink.

Show me a single deployed instance of their Oracle contract that is actually being used.

>>14673395

So while Sergey was giving me a real deep prostate rub down this hobo starting foaming at the mouth. "I'm lovin it!" I grunted as the hobo gasped his last breath and Sergey finished chewing his big mac.

>>14673410

That's exactly the point anon! Right now Chainlink avoids this by just being a private centralized solution. You run your own Chainlink node.

The example you linked is what happens when you try to naively "decentralize" one of those data providers. Chainlink has no actual plan to provide a working decentralized solution which is why when people poo-poo that I have to point out that it isn't trivial and it is important.

>>14673416

Craig Wright is the biggest douche in the world.

Anonymous Tue Jul 9 01:12:11 2019 No.14673460

>>14673385

P.S.

The guy who coined the term "proof of work", Arie Jules, is a coauthor of Chainlink's whitepaper.

The guy who coined the term "proof of stake" Sunny King started V-Systems also partnered with Chainlink.

We are talking about legacy players in blockchain all backing Chainlink.

so really, BTFO

>>	Anonymous Tue Jul 9 01:13:09 2019 No.14673472 Do you recognize the difference between having multiple parties collect data from multiple sources, aggregating that data, and feeding it into a smart contract verses one party collecting data from one source?

Anonymous Tue Jul 9 01:13:10 2019 No.14673473

>>14672475
>Its just a token they recommend you pay yourself when putting data into your own contracts.

That's technically true if you're both a node operator and a data provider, but in practice that will not generally be the case. Yes, big enterprises will probably want to run their own node(s) but the majority of data will be coming from smaller companies using community-maintained nodes powered by OSS external adapters. The lack of trust between these parties necessitates a token, and that token can't simply be e.g. ETH because Chainlink wants its market for API data not to be tied to the ETH market, which is completely separate

Anonymous Tue Jul 9 01:15:38 2019 No.14673494

>>14673448
>Show me a single deployed instance of their Oracle contract that is actually being used.

DumbAnon,

they released a statement themselves, an offical statement, stating they are partnered with Chainlink.

If Chainlink is a scam why would all these partners officially release a statement about a partnership?

Everyday there is a new partnership.

Its ok if you can't answer. Its a hard one to refute.

Poor DumbAnon, very poor and is lonely so he wants all these anons to stay poor with him.

Really though, BTFO

Anonymous Tue Jul 9 01:15:53 2019 No.14673502

>>14673395
a lot of people got massacred in the big post-mainnet $1 sell-off. i suspect OP is one of them. they're desperate to get back in so fud-posting like a fully paid-up FIVER curry nigger is practically their full-time job now. it's just wonderous to watch. so much for all those "adamantine" hands we were told about in 2018.

never selling. 1000k eoy.

>>	Anonymous Tue Jul 9 01:16:32 2019 No.14673512 >>14672345 it will hurt linkies when this bleeds for 6 months, but it will be fun to watch. invest in the dApp bubble. buy CHR.

>>	Anonymous Tue Jul 9 01:18:50 2019 No.14673544 >>14672345 can i become a smart contract developer with python? what are some cool projects you've come across?

Anonymous Tue Jul 9 01:19:12 2019 No.14673549
File: 48 KB, 616x261, 1560715441533.jpg [View same] [iqdb] [saucenao] [google]

>>14673448
Holy shit you're a retard. Synthetix, the company that got "hacked", openly admitted that what they're using was unsecure...and would be switching to Chainlink when it became available.

You lack the base level understanding of who would even be utilizing smart contracts, and don't understand the role of oracles (while constantly complaining theyre not decentralized enough). As a "smart contract developer" you don't understand the first uses for smart contracts. It's all so tiresome.

>>	Anonymous Tue Jul 9 01:19:43 2019 No.14673555 What about the threshold signature blogpost? Sounds like a lot of buzzwords and a bunch of nonsense complicated equations to make it look legitimate to me

Anonymous Tue Jul 9 01:20:33 2019 No.14673564

>>14673448
It's actually even easier than running your own server to just use Chainlink nodes. Then, you also have the option of requesting multiple oracles, using data aggregation, using authenticated APIs, and more. But, your complaints so far have fundamentally been about the vision of Chainlink vs its current implementation. It's still in development. They're centralized KYC nodes now, it's going to transition into decentralized nodes over time. Can't have catastrophic failure destroy the network in its early days. As it turns out, they don't need to break down their development plan to you. If you haven't noticed, they're one of the only teams in the space who underpromise and overdeliver. Not a peep out of them about partnerships, or other scam tactics used by most projects. They just work, and you just win. It's that easy.

>>	Anonymous Tue Jul 9 01:21:58 2019 No.14673584 Wow OP hit a nerve with everyone. >the power of autism

>>	Anonymous Tue Jul 9 01:22:12 2019 No.14673591 >>14673502 search engines help https://hackernoon.com/ethereum-smart-contracts-in-python-a-comprehensive-ish-guide-771b03990988?gi=cd3e04fa62dc

>>	Anonymous Tue Jul 9 01:22:28 2019 No.14673596 >>14673544 Idk about current progress but there was a project/Ethereum smart contract language called Vyper that's meant to be Pythonic in implementation.

>>	Anonymous Tue Jul 9 01:23:02 2019 No.14673603 We have to thank DumbAnon. People like him is the reason Chainlink will go to $1000 because they will buy our bags at $300.

>>	Anonymous Tue Jul 9 01:23:14 2019 No.14673609 >>14673544 for you >>14673591

Anonymous Tue Jul 9 01:23:20 2019 No.14673610

FUD man, all your FUD boils down to making the claim that because chainlink is currently centralized, it is a scam. You say it is currently better to roll your own, and you imply (or claim) that chainlink will never make good on their vision to implement a decentralized oracle solution.

Both of these points are silly. First, hardening a server is not as easy as it sounds. It is much better to rely on security experts to do it (presumably chainlink node operators are). This is in much the same way that it is easier to rely on AWS than it is to maintain your own servers.

Two, just because chainlink doesn't yet have a decentralized network up and running doesn't mean it won't in the near future. This promise contains risk, of course, but it wouldn't really be an investment without some risk now would it?

Anonymous Tue Jul 9 01:24:11 2019 No.14673618
File: 165 KB, 1080x1350, 1560231296772.jpg [View same] [iqdb] [saucenao] [google]

>>14673472
na man just setup a 100% uptime secure server with one publicly available data feed from a random public source.

Feed it into your companies multi billion dollar contracts. You'll save a couple bucks that that way not paying LINK. Sans a few hundred k yearly on hardware, software, and personnel to keep the new server up.

>>	Anonymous Tue Jul 9 01:24:13 2019 No.14673619 >>14673584 Im actually having fun clowning him. Poor DumbAnon

Anonymous Tue Jul 9 01:24:29 2019 No.14673623

>>14673298
>Radioactive decay is the only way I know of to achieve true randomness and its hard to automate results from that
Hey ass wipe, learn to google before larping. What is radioactive decay "constant". Physics calls it a "constant" for a reason. Fucking uncleoldfag tier bull shit.

>>	Anonymous Tue Jul 9 01:26:08 2019 No.14673644 At this point, im just bumping this thread up hoping more poor anons will wait to jump in at $10 instead of getting in now. The people who are slow to realizes what Chainlink really is are the people that will take us higher. They are bagbuyers.

>>	Anonymous Tue Jul 9 01:26:50 2019 No.14673654 >>14672345 thx for the write up sir, do you know anything about ICX tech wise?

Anonymous Tue Jul 9 01:27:21 2019 No.14673662

>>14673623
I'm pretty sure you don't know what the fuck you're talking about. Why don't you google randomness from radioactive decay? Overall, matter decays at a constant rate but there's no telling which part will decay first, second, third, and so on.

>>	Anonymous Tue Jul 9 01:28:31 2019 No.14673676 >>14672345 didnt read not selling

Anonymous Tue Jul 9 01:28:42 2019 No.14673677

>>14673446

Nope.

https://gizmodo.com/how-to-create-random-numbers-using-radioactive-material-5994371

>>14673472

Yes. Medianizers are things that exist and have a purpose. You don't need Chainlink for that at all.

>>14673473

I do not at all buy that "small" companies will trust random nodes to provide them data. If they're happy with a centralized/trusted solution they'll just feed the data themselves.

>>14673494

You didn't provide what I requested in the quote of mine you posted.

>>14673502

Why not 10000 https://twitter.com/jahwarriah23/status/949956158847991808

>>14673544

PY-EVM is a thing. You still have to write contracts in Solidity though. Serpent was python-like but its dead now.

Uniswap is a cool one that's getting a lot of action recently.

>>14673549

They said they'd be working with the Chainlink team. Unless they settle for a centralized oracle, which they reasonably may, they won't actually use Chainlink.

>>14673555

Not familiar with it. Could you summarize or link?

>>14673564

You all keep on saying its going to transition to decentralized nodes but never has anyone ever explained what that means. This isn't a trivial thing you can just slowly build towards. You have to actually design it.

They promised the world and delivered something an intern could make.

>>14673610

As I said before they aren't hosting anything. AWS is useful because they actually provide a ton of hosted services that make deploying things extremely easy. All Chainlink is doing is providing overly complex OSS that is overly complex in order to justify their token.

>>14673618

You have to host the Chainlink node yourself too. You already have to handle the server infrastructure and hosting whether you use Chainlink or not. No one is hosting nodes for you. They do not have a decentralized network.

>>14673623

Is this some sort of /g/ troll I'm not familiar with or something? Just google "radioactive decay random" FFS

>>	Anonymous Tue Jul 9 01:30:49 2019 No.14673712 >>14673677 >Yes. Medianizers are things that exist and have a purpose. You don't need Chainlink for that at all. are you fucking kidding me?

Anonymous Tue Jul 9 01:31:16 2019 No.14673718

>>14673677
>You didn't provide what I requested in the quote of mine you posted.

Im not here to answer your question. Your here to answer my question as per your original statement.

But I understand, you can't answer my question because deep down inside you know Chainlink is not a scam like you say.

BTFO

Anonymous Tue Jul 9 01:31:25 2019 No.14673720
File: 54 KB, 720x895, 44392041_325215214732837_4127059243319979093_n.jpg [View same] [iqdb] [saucenao] [google]

>>14673584
It's running up to people and yelling THE SKY IS GREEN, every single (and thats a fuckton) of CL threads.

There's a difference between trolling and just being a retard. One is actually fun/funny. The reality is this faggot is going to cost someone out there millions of dollars/a ticket out of wageslavery, because he's yelling nonsensical bullshit about the sky being green. Personally, it doesn't affect me...but it's still pretty fucked up.

>>	Anonymous Tue Jul 9 01:31:38 2019 No.14673724 >>14673677 >no one is hosting nodes for you do you even know what node operators are??

>>	Anonymous Tue Jul 9 01:33:17 2019 No.14673746 >>14673677 The infrastructure for decentralized nodes is built already. They're just limiting access to it for public nodes. There will be an oracle contract which handles requests from any smart contract, meaning you don't need to run your own node.

Anonymous Tue Jul 9 01:34:25 2019 No.14673771

>>14672922
>Was the attention about anything other than the rise in price?
Yes have you even read the MIT article? It came out after Chainlink acquired Cornell's Town Crier.

https://www.technologyreview.com/s/612443/blockchain-smart-contracts-can-finally-have-a-real-world-impact/

>>	Anonymous Tue Jul 9 01:35:02 2019 No.14673777 it's these failed-FUD threads that keep driving LINK's price higher. don't forget, you could buy LINK for $0.19 over Christmas 2018. honestly, the time for FUD is over. we've already made it.

Anonymous Tue Jul 9 01:38:30 2019 No.14673816

>>14673712

What do you find so objectionable about what I said?

>>14673718

The only question you asked was why partners would release statements about partnering with them. I've already given my take on the ones people have mentioned.

>>14673720

> this faggot is going to cost someone out there millions of dollars/a ticket out of wageslavery

This is how you know you're in a ponzi/MLM gents

>>14673724

Yes. In their current setup a node operator is the same party that is requesting the data in a smart contract. They do not have a decentralized network of nodes to provide data to smart contracts. You run your own node and specify it in your Oracle contract.

>>14673746

> The infrastructure for decentralized nodes is built already.

No it isn't.

> There will be an oracle contract which handles requests from any smart contract, meaning you don't need to run your own node.

No there isn't. You're just making things up now.

>>14673771

It's just explaining what they said their project was trying to do. They haven't done that.

>>14673777

Yea man LINK is really taking off today, glad to do my part fellow marine.

Anonymous Tue Jul 9 01:38:39 2019 No.14673820
File: 90 KB, 1080x728, 23734788_334291167039933_609895058363121664_n.jpg [View same] [iqdb] [saucenao] [google]

>>14673724
thank you for making a more succinct response, mine included 5 or 6 niggers before I deleted it and realized I was feeding.

The smartcontract developer doesn't understand basic terminology, nor the basic functions of the 3 parts to the system his livelihood involves. Contract, oracle, data. I'm a nu-linker that dyor at mainnet that dropped out of comp sci a decade ago. Sad.

>>	Anonymous Tue Jul 9 01:40:03 2019 No.14673847 >>14673816 >In their current setup a node operator is the same party that is requesting the data in a smart contract. Source?

>>	Anonymous Tue Jul 9 01:42:10 2019 No.14673879 >>14673816 >nature is linear fuck, you really are a smooth brain. this is bulllish af

>>	Anonymous Tue Jul 9 01:42:20 2019 No.14673883 is it possible to short link? i’m getting tired of all this link shilling, honestly it’s not even funny anymore. if there is a market where I can short link i will do it right now. pls recommend exchange where this shit is listed and can be shorted

>>	Anonymous Tue Jul 9 01:42:22 2019 No.14673885 >>14673816 nothing, carry on anon

>>	Anonymous Tue Jul 9 01:44:20 2019 No.14673916 >>14673883 Try looking at a mirror, manlet.

Anonymous Tue Jul 9 01:44:35 2019 No.14673920
File: 116 KB, 933x1070, 1559186938136.jpg [View same] [iqdb] [saucenao] [google]

>>14673883
There's some sketchy chink loan DEXes where you can effectively do it. Someone will probably know the names, or you can just google it instead of being spoon fed for upboats.

>>	Anonymous Tue Jul 9 01:45:52 2019 No.14673945 >>14673883 Try nuo network

Anonymous Tue Jul 9 01:46:15 2019 No.14673953

>>14673847

This is their Oracle contract:

https://github.com/smartcontractkit/chainlink/blob/master/evm/contracts/Oracle.sol

See that "authorizedNodes" property? That's something specified by the contract owner (the person who uploads it to Ethereum) and controls what addresses can provide data.

To accept data from multiple sources you can expand that list, but it's still all known verified manually nodes. You would not want to actually expand this to nodes out of your control since there is no mechanism presently for preventing those nodes form providing bad data to you other than a loss of trust by you, and at that point damage will have already been done.

>>14673879

Who are you quoting?

>>14673883

Yes. You can borrow LINK here https://app.nuo.network/ then sell it on another exchange. If it falls in price then you can buy the LINK to repay the loan and get your collateral out and keep whatever you didn't spend as profit.

>>	Anonymous Tue Jul 9 01:47:59 2019 No.14673985 >>14673953 Ah, so you don't have to run the server yourself then? You're just saying that is currently your best option because current node operators have no direct financial incentive to behave correctly?

Anonymous Tue Jul 9 01:48:12 2019 No.14673989

>>14672475
You're too plebbit, I know you used to work the shill/FUD campaigns the same way you're going about it here, but it doesn't work. Lurk a bit and get better at the board culture. Git gud, we demand higher quality adversaries here. Srsly tho, used to be in the same business, if you want your client to be pleased with your work here, do better at not being such a tryhard.
>inb4 "but I'm really a hotshot smart contract programmer just trying to help /biz/ out"
Show me some examples of your work, I would like to admire your coding style

Anonymous Tue Jul 9 01:52:14 2019 No.14674047

>>14673985

Yes. Your options are to run the node yourself, point to a trusted node someone else runs, or point to random nodes that have no assurance of data validity in place. Of these three running it yourself is the most realistic with pointing to a centralized one a close second. Again there is nothing really wrong with pointing to a centralized provider its just not anything special or worth using LINK for.

>>14673989

I'll work on my Sergey McDonalds prostate fanfic for next time. Maybe even some MS Paint illustrations to go with it.

>>	Anonymous Tue Jul 9 01:52:53 2019 No.14674060 >>14673945 >>14673953 thanks

Anonymous Tue Jul 9 01:54:15 2019 No.14674084

>>14673953
>Who are you quoting?

this:
>Yea man LINK is really taking off today

and your assumption that nature and coin prices rise linearly. i'm not sure if this really is a fud thread, and rather a subtle reverse-fud attempt. nice work if it is. i'd give yu a like if we were on the facebook.

>>	Anonymous Tue Jul 9 01:54:15 2019 No.14674085 >>14674060 You're welcome :)

Anonymous Tue Jul 9 01:55:31 2019 No.14674111

>>14673989
I'm fixing to fall asleep but I would like to end by noting that staking is a direct financial incentive to good behavior and does not require decentralization to work. But even without staking, node operators do have financial incentive to serve you correct data. Each one of them is currently like an Oraclize, who by all means was flawed but pushed enough data to show it was worth using over providing your own.

Anonymous Tue Jul 9 01:56:08 2019 No.14674116

>>14673816
>The only question you asked was why partners would release statements about partnering with them. I've already given my take on the ones people have mentioned.

Poor DumbAnon,

You still have not answered MY question regarding partners. not "the ones people have mentioned"

That was a copout answer.

You just got BTFO again.

>>	Anonymous Tue Jul 9 01:56:38 2019 No.14674125 This thread is cool and all but I've already made my bets. I'm holding past 1K or not selling at all sorry OP

>>	Anonymous Tue Jul 9 01:59:35 2019 No.14674170 >>14673777 Checked

Anonymous Tue Jul 9 02:00:15 2019 No.14674177

>>14674111

They do not describe how staking works in their system. If they had a system where truth could actually be objectively figured out and then slash/burn the stake of a lying participant I would agree decentralization isn't needed. They haven't actually described such a system though aside form saying there will be some sort of system.

>>14674116

Then the question is just why are some literally who companies announcing partnerships with a scam coin? I don't know. It happens all the time with all kinds of crypto projects. Who cares. Maybe you should be buying AMB or one of the other supply chain tokens or something if you care about partnerships that much.

>>14674125

Just to clarify I'm not trying to get anyone to buy or sell anything. I'm trying to get people shilling this to just stick to normal crypto scam routines. Its only annoying because people actually think its legitimate because of all the pseudo-comp-sci shilling that goes on.

>>14674170

Shit.

Anonymous Tue Jul 9 02:00:39 2019 No.14674182

Oh, now that we have everyones attention.

This will be my good deed for today

The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

In general, the purpose of Chainlink is a network that incentives truthful data provided by individuals running LINK nodes (aka known as mining 2.0) while also providing compensation to smartcontracts just in case false data was used to trigger an agreement.

So, price rises not only to meet the insured needs of smartcontracts but also because LINK node miners (mining 2.0) are making money providing this service. Also, the bigger the smartcontract economy becomes the demand for high value LINK nodes follow. pushing $LINK price

Interestingly the tokenomics makes LINK a measure of value to the data being transferred in the network

The more data the higher the LINK price becomes
The more valued data the higher the LINK price becomes

Anonymous Tue Jul 9 02:01:48 2019 No.14674200

>>14674182

So, In real world applications Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1 million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do, if they. The Chainlink network is genius like that.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

>>	Anonymous Tue Jul 9 02:02:52 2019 No.14674214 FUD does not work on me anymore, I am completely brainwashed. Sergey himself could come to my house and tell me it's all a elaborate joke and I still would not sell.

>>	Anonymous Tue Jul 9 02:03:11 2019 No.14674217 File: 105 KB, 562x1024, EAC02381-359A-4DF3-9102-C1B43DAFF454.jpg [View same] [iqdb] [saucenao] [google] >>14674177

Anonymous Tue Jul 9 02:03:15 2019 No.14674220

>>14674200
Regarding the network effect of oracles and the price assumption along with the stability of the smart contract economy.

The more LINK staked in the nodes, the more profit one can make running that node.
The more LINK staked in the nodes the bigger the smartcontract economy can become.
The more LINK staked in the nodes the more stable the network/connectivity becomes.
Finally
The more LINK staked in nodes the higher the price becomes.

We are witnessing something really special. The birth of the HTTP equivalent in Crypto.

People need to understand, there is no other competition. And actually, the more oracle networks that try to compete the less efficient the system becomes. Its like saying we have two Internets to use and people have to choose one of them for one site and the other internet for another site. Chainlink has become the standard and everyone will use it.

The only comparable investment to LINK is when BTC or ETH first came about. Decentralized digital currency, Decentralized smartcontracts and now Decentralized oracle network. This trifecta will lead us into the next economic boom.

>>	Anonymous Tue Jul 9 02:03:33 2019 No.14674225 >>14674214 i would buy more if that happened

Anonymous Tue Jul 9 02:06:20 2019 No.14674267

>>14674220

The Value is in the oracle network.

A very simple example is a Costco example.

You have a warehouse selling stuff. Ethereum is the cashier handling the transaction for the customer. Chainlink is the warehouse and all the merchandise in it (Data). The customer takes what it needs and heads to the cashier to "cash out".

The problem with ETH is that I see it as a replaceable platform in the future. ETH is cashier #1, ADA is cashier #2, EOS is cashier #3 etc etc.

Just like Bitcoin is a protocol that transfer money. Chainlink is a protocol that transfers Data.

You missed Bitcoin
You missed Ethereum
don't miss Chainlink.

Anonymous Tue Jul 9 02:06:27 2019 No.14674269

>>14674177
I am not claiming that staking is a currently implemented solution not that it will be easy. But I do think it is a reasonable bet that it will be implemented one day in the near future. Especially reasonable by crypto standards. Same goes for decentralization, but on a longer time scale. Anyway in the near term this is exactly why they are doing KYC to make a list of vetted node operators... they are literally making a list of multiple oraclizes for smart contract operators to choose from. That is worth something even without the promise of more. Are you one of those folks that thinks staking on eth is never coming out? Just curious.

Anonymous Tue Jul 9 02:08:37 2019 No.14674295

>>14674182

I've responded to this copy paste before but I'll do it again:

> Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

That doesn't make me or anyone else want to use a Chainlink node. That's just an inconvenience.

> LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

There would need to be some sort of slashing/burning mechanism for this to make sense. There isn't one so it doesn't matter how much you stake.

> Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

This is just a lie. You're making a very general statement then saying that the only solution is your very specific scam token that doesn't even actually solve that problem.

>>14674214
>>14674225

I really honestly believe you when you say this. I think that's how the price managed to rise this much. I believe the people who didn't sell at $4 will hold their LINK in their wallets till they die.

>>14674220

> The birth of the HTTP equivalent in Crypto

This I think is actually the fundamental lie that is initially making devs hopeful that it isn't a scam. In almost every other dev context you can just make HTTP requests and it's something you do take from granted.

>>14674267

I promised to be nice but this part is some weird shit. Not even sure how to express how insane these words are strung together in this way.

Anonymous Tue Jul 9 02:12:57 2019 No.14674364

>>14674295
/biz/ controls maybe 2% of the circulating supply, the most any of us can do is convince some low IQ redditors to sell while it's dumping. As for the technical details I only have a vague understanding and while I could learn more I really don't give a shit. My only concern is "will the price rise from here" and future implementation of the technology which seems like it's progressing nicely. Beyond that it isn't worth the time cost to sit here worrying about FUD or mulling over technical details.

Anonymous Tue Jul 9 02:14:56 2019 No.14674397

>>14674214
if sergay walked into a mcdonalds, fully naked, holding his erect penis in one hand and a copy of Mein Kampf in the other, began screaming racist abuse at staff members then took a steaming dump on the floor of the disabled people's restroom, the price of LINK still wouldn't drop.

1000k eoy. we're all gonna make it.

Anonymous Tue Jul 9 02:14:58 2019 No.14674398

>>14674269

I don't think it can be. How do nodes trustlessly and in an automated way determine "truth"?

What if a contract wants to know something ambiguous? What if there is a cultural context that makes it different in different regions of the world where nodes operate? This is not at all a problem you can just work toward like normal software development. It's a fundamental problem to solve in a generic way that requires massive breakthroughs.

>>14674364

The tech isn't really progressing nicely. That's what I'm trying to explain.

Anonymous Tue Jul 9 02:15:36 2019 No.14674410
File: 59 KB, 780x794, 1533250299621.jpg [View same] [iqdb] [saucenao] [google]

>>14674220
There are real solutions to the oracle problem.

* Auguru
* Amoveo
* Bitcoin Hivemind

The approached proposed by CL doesn't even have a chance to actually work. Others do.

>>	Anonymous Tue Jul 9 02:17:24 2019 No.14674436 >>14674364 >/biz/ controls maybe 2% >implying /biz/ is a collective There are some heavy loaded whales browsing this parts of the internet, multiple million stacks, but they don't act as a collective.

>>	Anonymous Tue Jul 9 02:19:05 2019 No.14674461 >>14674397 I have to be honest, if this happened I would take out a second mortgage to buy LINK.

Anonymous Tue Jul 9 02:20:52 2019 No.14674477

>>14674398
>How do nodes trustlessly and in an automated way determine "truth"?
they dont you fucking moron. shit we were doing this 2 years ago.

repeat after me:

oracles do not determine "truth". they simply ensure that data moving onto a blockchain has not been corrupted from the point it was sent to the point it enter the blockchain.

fuck seriously. i thought we were passed this like in feb 2018?

how fucking new are you to this?

>>	Anonymous Tue Jul 9 02:22:40 2019 No.14674496 >>14673087 >Just stick to the ,Samir! pls Samir sir you will ruin the pump! Just call him "tranny" and tell him to dilate

>>	Anonymous Tue Jul 9 02:22:53 2019 No.14674502 Its pretty obvious OP missed buying link in 2017 and now he is so obsessed to getting the price down to former prices, thats not gonna happen OP just buy in its not too late.

Anonymous Tue Jul 9 02:23:25 2019 No.14674510

>>14674436
Well that was more or less going to be the second part to my point but i got lazy. I think most oldfags with over 100K link will sell early though. Not selling through dips is less painful than not selling when you have a guaranteed 4 mil sitting right in front of you

>>	Anonymous Tue Jul 9 02:23:58 2019 No.14674516 >>14674477 The whole point of an oracle is to provide the truth. You have a fundamental misunderstanding of what you're talking about.

Anonymous Tue Jul 9 02:30:25 2019 No.14674592

>>14674516
no it isnt you stupid fucking nigger. it is to ensure that when info is sent from a source point into a smartcontract, the info hasn;t been corrupted en route, whether by deliberate fraud or due to technical issues etc.

LINK solves this problem by having multiple inputs into the contract. if 10000 inputs say "x", and 300 say "y", then "x" is taken to be the correct value. it doesnt mean it is the right value, or the "truth", just that 10000 nodes give that value and only 300 the alterbative.

>>	Anonymous Tue Jul 9 02:32:26 2019 No.14674621 File: 208 KB, 960x1280, 1562562915534.jpg [View same] [iqdb] [saucenao] [google] I can't wait for smart contracts to get hacked by people like op

Anonymous Tue Jul 9 02:33:15 2019 No.14674628

>>14674510
>Selling early
no, that I can guarantee you. Some might, but the majority that got in early is here to stay. As much as some entities tried to do demographic research on /biz/ regarding the LINK whales, all they got were nulinkers and larps for a reason.

Anonymous Tue Jul 9 02:35:39 2019 No.14674650

>>14674592

Haha you're redefining what an oracle is meant for to match what they claim to actually be capable of providing. That's amazing.

The solution you gave also isn't even how they are providing that level of security.

Just so it's clear how much of a lunatic you are too: You are claiming that if I request the price of AMZN from the network and it responds back "Fuck you faggot", that is perfectly fine as long as no man in the middle attack occurred.

>>14674621

If they attempt a naive decentralization strategy someone definitely will.

>>	Anonymous Tue Jul 9 02:35:45 2019 No.14674651 >>14674592 So link has a fake oracle, got it

Anonymous Tue Jul 9 02:35:52 2019 No.14674655

>>14674592
Brilliant. Link will never be able to ensure the data isn't wrong to begin with. Corruption can spread through a system like that if steps are not in place to prevent fraudulent inputs.
Imagine a digital Mafia controlled particular data points for insurance fraud. They create a smart contract that specifies their inputs be used (unbeknownst to the insurance provided).

>>	Anonymous Tue Jul 9 02:38:50 2019 No.14674689 File: 80 KB, 800x451, 1562634884419.jpg [View same] [iqdb] [saucenao] [google] >>14674650 Boomers will love decentralization just like they loved outsourcing. To the boomer decentralized means less work and more social time just like outsourcing.

>>	Anonymous Tue Jul 9 02:40:19 2019 No.14674701 >>14674689 Boomers are obsolete since 2015. All that their institutional paradigms do is dying since 5 years

>>	Anonymous Tue Jul 9 02:40:53 2019 No.14674705 Have you checked DOS Network oracle solution, do you think it may be better than chainlink?

Anonymous Tue Jul 9 02:41:10 2019 No.14674709

>>14674650
>You are claiming that if I request the price of AMZN from the network and it responds back "Fuck you faggot"
o boy.

>>14674655
o boy

no point in going on at this point before just asking a few questions. what do you guys actually think a node is doing, as in a mechanical sense i.e. what info is it receiving, what does it do with that info, what is the final destination of that info?

do any of you have a clue what is actually happening here?

>>	Anonymous Tue Jul 9 02:41:53 2019 No.14674718 So link ensures the delivery of data: the purpose of the data is outside the control of link. Who benefits from said data and the democratic fallacy are also outside link's control right?

>>	Anonymous Tue Jul 9 02:43:17 2019 No.14674734 >>14674709 No idea anon it's a black box system. Educate us please.

>>	Anonymous Tue Jul 9 02:44:34 2019 No.14674746 >>14674718 All LINK does is ensure that data is delivered provably to smart contracts and that screwing with the data is made game theoretically irrational.

Anonymous Tue Jul 9 02:44:42 2019 No.14674747

>>14674718
this is close to it yes. the data serves the smartcontract needs, which is entirely defermined by the parties to that contract.

think of LINK as like being like UPS, who will (attempt to) guarantee that the parcel someone sends hasnt been opened and fucked with en route from sender to receiver.

>>	Anonymous Tue Jul 9 02:44:52 2019 No.14674748 >>14674477 where in the process is truth determined?

Anonymous Tue Jul 9 02:47:51 2019 No.14674776

>>14674748
the word "truth" is being misused here. when a parcel is delivered by a postman, the post service doesn't determine of the "truth" of the parcel. sounds absurd, b/c it is.

LINK solves a conundrum called the "byzantine generals problem". most of you idiots just need to read the wikipedia entry on it to understand 99% of what LINK is doing.

Anonymous Tue Jul 9 02:49:01 2019 No.14674787
File: 1.29 MB, 2048x1784, 1547239290002.jpg [View same] [iqdb] [saucenao] [google]

>>14674747
I recall an analogy of link being like armored trucks for the protection of the new most precious resource , data.
>>14674746
In normal circumstances that does make sense. The skills inventive and other attributes required to fuck with data still exist even if they are short lived. What's to stop a node going rogue for a big pay day just like an armored truck robbery?

Anonymous Tue Jul 9 02:50:43 2019 No.14674817

>>14674709

The node is just private key capable of entering data into an Oracle contract.

The node servers they provide are a way to set up an automated service to respond to basic requests for HTTP request data with such a key for such a contract.

The network that doesn't exist that you are hypothesizing about however we can only guess. I'm merely pointing out that your definition of an Oracle is woefully incorrect.

>>14674746

It does not provably ensure that screwing with the data is made game theoretically irrational. It doesn't even attempt to do that. That's precisely the problem.

>>14674747

Think of LINK being like a UPS delivery person that will come into your house and ask you to pick them up while they hold your drink when you want to move your drink between rooms.

>>14674776

There is no "parcel delivery" problem. You're attempting to redefine the problem because the actual one isn't solved. "Parcel delivery" in this context is easy. Its been a solved problem forever.

>>	Anonymous Tue Jul 9 02:51:19 2019 No.14674824 >>14674776 what's the point of a smart contract if both parties have to verify the conditional data of the contract? I thought the whole point was to have the process automated to not have to rely on the parties involved.

>>	Anonymous Tue Jul 9 02:51:30 2019 No.14674826 People on this board have been talking about Chainlink for two years straight. And now we have Google and Oracle drinking the kool-aid. Holy fuck were going to be rich.

Anonymous Tue Jul 9 02:51:31 2019 No.14674827

>>14674747
>>14674776
Dude but imagine if a mail mafia controlled particular post offices for mail fraud. I know that LINK would securely transmit and record all the transactions and data on an immutable distributed ledger too but that still doesn't solve the mail mafia problem.

>>	Anonymous Tue Jul 9 02:51:54 2019 No.14674831 >>14674787 >What's to stop a node three nodes

Anonymous Tue Jul 9 02:52:02 2019 No.14674835

>>14674787
>What's to stop a node going rogue for a big pay day just like an armored truck robbery?
b/c to be successful every other node would have to give the same fraudulent result that your node gave - and if they didn't, you'd lose all your collateral.

>>	Anonymous Tue Jul 9 02:53:44 2019 No.14674856 >>14674831 and the lose of reputation and collateral of course. LINK is so elegant in what it does, it is aesthetically beautiful.

Anonymous Tue Jul 9 02:55:52 2019 No.14674885
File: 531 KB, 2048x1536, DyGdp9QUwAAGCbn.jpg [View same] [iqdb] [saucenao] [google]

>>14674831
>>14674835
So I need to make frens to gerrymander the system? This is bullshit.
>>14674817
> Think of LINK being like a UPS delivery person that will come into your house and ask you to pick them up while they hold your drink when you want to move your drink between rooms.
You're suggesting it would be best if data providers write directly onto the blockchain? I mean why not if chainlink doesn't prevent incorrect being supplied.

Anonymous Tue Jul 9 02:55:54 2019 No.14674887

>>14674650
Oh I love this dumbanon.

Trips. For this anon please.

You really are the reason link will go to 1000.

Sure you wont buy now but you will buy later. It's the reason most missed out on bitcoin to begin with.

Keep this thread going. Dumbanon is on a roll

Anonymous Tue Jul 9 02:55:55 2019 No.14674888

>>14674817
you dont understand any of this. if you missed it, read "byzantine general's problem" to begin with. you're an idiot.

>>14674824
>what's the point of a smart contract if both parties have to verify the conditional data of the contract?
they don't. you've misunderstood something.

>>14674827
your analogy doesn't work, but that's partly my fault for using mail delivery anology to begin with. this is why explaining complicated stuff to idiots is always destined to fail.

>>	Anonymous Tue Jul 9 02:57:33 2019 No.14674912 >>14674885 >Answering with a question Go fuck yourself

>>	Anonymous Tue Jul 9 02:59:08 2019 No.14674929 File: 3 KB, 167x144, 1562429817237.jpg [View same] [iqdb] [saucenao] [google] Reddit spacing from OP... nothing to see here. Just fuck off. No one is going to sell you their bags.

Anonymous Tue Jul 9 02:59:14 2019 No.14674931

>>14674888
checked
>they don't. you've misunderstood something.
ah i misread your earlier post saying

so in your parcel example the sender of the parcel in a smartcontract that revolved around say stock prices would be data read from different exchanges, then carried securely through chainlink which would triggered the contract?

>>	Anonymous Tue Jul 9 02:59:42 2019 No.14674936 >>14674885 Nodes are selected randomly so you'd have to 51% attack

Anonymous Tue Jul 9 02:59:42 2019 No.14674937

>>14674835

Is that actually the proposed consensus mechanism and burn strategy?

>>14674887

Yes sirs! Now is a good time to buy pls sirs do the needful.

>>14674888

Instead of actually engaging you just keep saying everyone else doesn't understand. These are valid questions and responses.

>>	Anonymous Tue Jul 9 03:01:41 2019 No.14674968 >>14674937 >>14674885 The way you two communicate, assuming you were LINK nodes, would make you lose instantly all reputation and collateral and remove you from the network

Anonymous Tue Jul 9 03:01:41 2019 No.14674969

>>14672345
I think cloudfare going down should be one of the biggest reasons why people should see chainlink as a necessary tool for the smartcontract economy.

It's about self executing digital agreements. You cant have that when your data goes down or is corrupted. But for the sake of argument let's choose the first issue, downtime.

When A centralized feed like oraclize goes down. This would negate any benefit a smart contract offers the world.

With chainlink the data feed to smartcontracts is always on. There is no downtime. Everything else aside that is the most powerful reason to use chainlink as there is nothing like it.

Anonymous Tue Jul 9 03:02:51 2019 No.14674981
File: 195 KB, 544x544, 1541074839204.jpg [View same] [iqdb] [saucenao] [google]

Hypothetically I would like to use chainlink to authenticate bad data using many rogue nodes to feed data into a smart contract because I want the outcome of that contract to benefit a particular party. Is this literally and fundamentally the same as insurance fraud using paper documents?
>>14674936
I suppose this is the reason for kyc right now.
>>14674912
No u. It's good to discuss these issues when the market shits itself faggot. INTPs are known to second guess their analysis.

Anonymous Tue Jul 9 03:03:22 2019 No.14674989

>>14674937
This is the first thread i've seen where the technical details of chainlink were discussed. What kept me from buying in was all the vague hype surrounding it. No substance, just posturing and no discussion of the unique benefits of this crypto.

Anonymous Tue Jul 9 03:04:38 2019 No.14675003

>>14674931
>stock prices would be data read from different exchanges, then carried securely through chainlink which would triggered the contract?
exactly. but there's one important point that people still dont fully grasp here: you don't read stock prices from "different exchanges". there's only one New York Stock exchange, only one London stock ex. etc. what LINK nodes do if take lots of readings from that one point of info and verify that they all say the same thing.

>>	Anonymous Tue Jul 9 03:05:12 2019 No.14675011 >>14674968 Thanks Rory. Once decentralization is in place what's to stop me starting back up again with a different node?

>>	Anonymous Tue Jul 9 03:06:03 2019 No.14675021 >wearing pants

>>	Anonymous Tue Jul 9 03:06:28 2019 No.14675026 >>14675011 Simple, capital.

Anonymous Tue Jul 9 03:06:52 2019 No.14675034

>>14674937
Dumbanon,

You say you've forgiven responses but just at a quick glance non of your responses make sense.

Your not answering quite well. You say its a scam but you have yet to prove it.

Sure you can give reasons why you dont think it works and yhatabyiur opinion.

But you have not yet addressed all chainlinks partners.

No matter what you say of chainlink keeps partnering with not only crypto projects but legacy institutions then who cares what you think. The network is growing and with it the token value.

Anonymous Tue Jul 9 03:07:04 2019 No.14675036

>>14675003
>it take lots of readings from that one point of info and verify that they all say the same thing.
to counter any potential technical issues in readings?

stock was a poor word choice, if it was say crypto prices, would the nodes still read data from only one exchange multiple times or multiple exchanges multiple times to cross-verify?

>>	Anonymous Tue Jul 9 03:08:19 2019 No.14675052 >>14675026 > People stop committing crimes once the system punishes them. I think they go to school and learn how to be better at crime.

Anonymous Tue Jul 9 03:10:13 2019 No.14675073

>>14674817

You’re correct in this thread, but not always for the right reasons

It’s not about the Oracles being able to verify the correctness of its own answer. And isn’t there some basic schematization of inputs? Like

“Fuck this oracle lol”
converting to
0x4675636b2074686973206f7261636c65206c6f6c
converting to base 10
402247201715557074434606536588511489551940480876

Which would be some garbage answer that would lose you your staked reputation.

What people should be worried about are things like retirement attacks, where operators who cannot sell their reputation are incentivized to stake their reputation on a final stake.

Or considering how the reputation system could be gamed in the first place.

The point isn’t to help enter your own data is entered into the contract - you could do that with your own server, since you’ll need to guarantee uptime of your data feed anyway. But if you don’t have the data, or if you explicitly need data from a reputation based system, then I would imagine LINK makes sense.

>>	Anonymous Tue Jul 9 03:10:27 2019 No.14675075 >>14675003 This is not true. The gold market is one example. There are several gold markets with different prices. This is the very reason chainlink is needed. So that one price cant be manipulated by a bad actor.

Anonymous Tue Jul 9 03:12:35 2019 No.14675096

>>14674968

Ah ok well I guess you win then. LINK is great and useful.

>>14674969

They. Aren't. Decentralized. You still rely on infrastructure like Cloudflare.

>>14674989

Yea I rarely see technical threads at all on /biz/ but Chainlink shit is so annoying and they try to pretend its legitimate tech so I felt compelled to do it.

>>14675003

You don't need Chainlink for this. What you're describing is just a trusted centralized data feed.

>>14675034

What question specifically do you want me to answer? If it's why companies make twitter posts @'ing them I don't know or care.

>>14675073

No one has described the system where you lose staked LINK. This is not a trivial game theory system to implement.

>>	Anonymous Tue Jul 9 03:12:37 2019 No.14675097 What if node operators were coerced into losing their reputation through some greater threat?

Anonymous Tue Jul 9 03:13:34 2019 No.14675102

>>14675052
We are not talking about stealing chewing gum and getting a slap on the wrist. If you want to have a chance at doing a heist on a smart contract which would benefit you if executed with false data, first you would have to invest the reputation and collateral to even have a shot at doing so, which is no guarantee at succeeding, and if trying again after losing the first time it becomes at least double the capital risk. The chance at succeeding is just so unbelievable small with the benefit getting also smaller and smaller, at the point where it is plain and simple irrational.

Anonymous Tue Jul 9 03:13:51 2019 No.14675107

>>14675036
>would the nodes still read data from only one exchange multiple times or multiple exchanges multiple times to cross-verify?
sure, that would be entirely up to the parties to the smart contract, which they would have agreed to in the drawing up of the contract.

however, each data generator would still be treated individually and would be a separate call on the network. the "aggregation" of the prices for the prices of the contract would not be LINK's business, but would be organised within the SC itself (would be pretty simple to do, just average the result of nultiple exchanges - LINK would already have done its work verifying each exchange separaley)

Anonymous Tue Jul 9 03:17:05 2019 No.14675133

>>14675096
>You don't need Chainlink for this. What you're describing is just a trusted centralized data feed.
wrong

>>14675075
>This is not true.
>The gold market is one example
wrong. see my post >>14675107
each exchange is considered separately by LINK. LINK's job isnt to aggregate multiple exchanges. that would be a function of the smartcontract, and up to how the parties wanted to do that.

>>	Anonymous Tue Jul 9 03:17:35 2019 No.14675138 >>14675107 so their purpose makes sense; just a secure data-highway from source to contract. Why can't businesses receive data input directly from the source themselves, is using the chainlink network just cheaper from economies of scale?

Anonymous Tue Jul 9 03:22:35 2019 No.14675184

>>14675138
>Why can't businesses receive data input directly from the source themselves
they can, and they do, but when it comes to triggering contractual clauses lawyers from each party scrutinize each other's data before signing off of it. smartcontracts are meant to be faster and cheaper than using lawyers to do that, and so a "trustless" mechanism needs to be in place to ensure that data entering the smartcontract is as reliable as possible. this is what oracles do.

Anonymous Tue Jul 9 03:23:55 2019 No.14675198

>>14672345
Thanks based anon.
Your responses have been thought provoking and interesting to me. And your comp sci background seems to be relevant to this discussion. Please keep posting here.
A lot of well intentioned people have invested in link and they should hear all sides of the debate.

>>	Anonymous Tue Jul 9 03:25:06 2019 No.14675209 File: 9 KB, 223x220, 1533597126787.jpg [View same] [iqdb] [saucenao] [google] >>14675184 Right and chainlink isn't an Oracle. It's middleware.

>>	Anonymous Tue Jul 9 03:29:39 2019 No.14675247 >>14675209 Does it not fulfill the same purpose? providing secure,trustworthy, external data into the SC

>>	Anonymous Tue Jul 9 03:29:56 2019 No.14675250 >>14675184

>>	Anonymous Tue Jul 9 03:30:51 2019 No.14675260 >>14675184 thank you anon, very helpful

>>	Anonymous Tue Jul 9 03:30:58 2019 No.14675262 >>14675209 exactly. chainlink will be used in every oracle and a whole lot of other non-oracle applications too. chainlink now is basically microsoft circa 1976.....

Anonymous Tue Jul 9 03:37:56 2019 No.14675327

Well, the fact is, everyone is partnering with chainlink.

So whether you believe the system will work or not is moot. The network that is growing around chainlink gives the token value.

And you really didnt give a response to all the partners except, they are literal who's. But anyone can see, Swift, coinbase, Oracle, Google just to name a few are notb"literal whos.

So what I think you are saying is that chainlink wont work as intended. Not that uts a scam. Because if you are try in ng to say thatbits a scam I'd take fortunen500 companies analysis of chainlink over what you are stating here....which fornsome reason you ig ore the what the white paper specifically states.

But I like this thread. I think it gave more Anons confidence to buy or hodle.

So thank you for your service DumbAnon

>>	Anonymous Tue Jul 9 03:58:08 2019 No.14675556 If you aren't enthousiast about Link, What is your favorite coin/gem for the future ?

>>	Anonymous Tue Jul 9 03:59:33 2019 No.14675574 >>14675556 >stupid sentiment bump question go away pajeet and do as every serious business does, pay for focus groups

>>	Anonymous Tue Jul 9 04:23:00 2019 No.14675803 File: 932 KB, 2000x2000, IMG_20190709_161618.jpg [View same] [iqdb] [saucenao] [google] >>14675247 Being an oracle verse being blockchain agnostic middleware? I'd say there's a big difference. Pic related

>>	Anonymous Tue Jul 9 05:04:05 2019 No.14676207 Imagine being this smart but this dumb.

>>	Anonymous Tue Jul 9 05:51:32 2019 No.14676645 >>14675096 For once, OP is not a faggot. Thanks for the troubles.

>>	Anonymous Tue Jul 9 06:29:30 2019 No.14677093 Warning; he is copypasteing from months old thread. Incredibly pajeet tier fud thread this is

>>	Anonymous Tue Jul 9 06:31:00 2019 No.14677113 >>14675327 then why is it losing value retard

>>	Anonymous Tue Jul 9 06:33:47 2019 No.14677147 File: 173 KB, 1620x1242, 1549985874190.jpg [View same] [iqdb] [saucenao] [google] >>14676207

>>	Anonymous Tue Jul 9 06:38:11 2019 No.14677206 >>14677113 Because people have weak hands and are stupid

Anonymous Tue Jul 9 06:47:56 2019 No.14677335

>>14672345
Unironically based FUD. At least this way there's actual information being shared instead of the usual bullshit. By the way I'm never selling. Luckily I was smart enough to know that I'm retarded, and that I should trust men much smarter than me. Saw Ari Juels, the other advisor who developed the base code of all Apple products, and how different the chainlink shilling was here compared to PnD shitcoins. No matter how many of you genius developers pop up, you can't beat the collective intellegence of the men supporting this project.

>>	Anonymous Tue Jul 9 07:29:21 2019 No.14677732 W A R N I N G A R N I N G FUD THREAD ! IGNORE A S A P S A P

Anonymous Tue Jul 9 07:33:27 2019 No.14677770

>>14672345
> Dear sirs. I am the men who has been posting the insightful on how the Chain Link will not use

> I model it could not pain to do this the way of the other, and make the knowledge of what I know of the Chain Link known

> I am suspicious of many new holders being new to the bags of mens who already know it was the scam, and was wondering why what you bought is worthless

> I'll be kind and try to answer questions clerarly. I am of the expect that many conversation here to be dumb meme and shelling but why not do the attempt.

Anonymous Tue Jul 9 07:34:45 2019 No.14677785

>>14673816
Interesting that you think it's a ponzi OP.

My question is a variation on a question you've already been asked; if Chainlink is such a clear Ponzi, what's with the backing of Oracle, the namedrop by Google, the widespread partnerships?

If this is such a clear ponzi that any faggot can see it why aren't these organizations disavowing it?

>>	Anonymous Tue Jul 9 07:36:23 2019 No.14677801 >>14672357 He is.

>>	Anonymous Tue Jul 9 07:55:38 2019 No.14677991 >>14672345 Sorry OP. You are either a nulinker a swinglinker or a pajeet that is salty that link gets all the attention and you can't shill your flavor of the month shitcoin. Keep your bazingacoins, your brappers and your Lition. Drns

Anonymous Tue Jul 9 08:04:35 2019 No.14678108

>>14672345
https://www.linkforest.io

Look at this poorly made site that’s a “partner”

The oracle conference never happened. They just edited the video to make it LOOK like it did. Notice the crowd is never seen. Notice that the stage looks completely different. The chainlink team is using the Cayman Islands as their base.

The google cloud blog post is something we all could post. We are allowed to contribute there.

The Docusign meeting was faked. Was not the real CEO.

The IBM twitter account is FAKED. It is not his real twitter.

Look at the source code for chain link. It is legitimately smaller than any Node js app I’ve ever written.

Run. 4chan wants your money.

>>	Anonymous Tue Jul 9 08:07:13 2019 No.14678144 >>14678108 >LINK is 4chan Okay... Yikes

>>	Anonymous Tue Jul 9 08:25:18 2019 No.14678328 >>14673298 >radioactive decay If you said a meme like atmospheric noise I would have believed some of your shit. You dun goofed son

>>	Anonymous Tue Jul 9 08:29:38 2019 No.14678390 >>14672433 Swift chose corda r3 retard, not hyperledger

>>	Anonymous Tue Jul 9 08:41:24 2019 No.14678517 Stopped reading when OP thinks that nodes have to pay themselves. You didn't DYOR well enough, homie.

>>	Anonymous Tue Jul 9 08:50:41 2019 No.14678633 >>14675556 NANO

>>	Anonymous Tue Jul 9 08:53:36 2019 No.14678673 >>14678633 >crypto "currency" Yikes

>>	Anonymous Tue Jul 9 08:56:59 2019 No.14678712 ITT OP goes on the longest rent free cope in the history of biz

>>	Chainlink ANswer Tue Jul 9 09:17:23 2019 No.14678980 >>14678108 I agree very much sir All of the chain link is incredible fake All OF IT is the fake Imagine being such an idiot to have purcahsed this

>>	Anonymous Tue Jul 9 09:30:55 2019 No.14679203 File: 130 KB, 467x700, 1523138527064.jpg [View same] [iqdb] [saucenao] [google] fuck you OP. we are not selling. thanks for selling your bags to me once mainnet was announced you absolute faggot. >>14672345

Anonymous Tue Jul 9 09:35:46 2019 No.14679287

OP is running low grade fud tactics all because he wants to buy more and wants to trick newbs into panic selling.

He has a lot of time on his hands and only wants to manipulate you. If your financial Independence is important to you you will not fall for it.

>>	Anonymous Tue Jul 9 09:46:44 2019 No.14679435 >>14672345 You got the first part right in your post.

>>	Anonymous Tue Jul 9 10:01:14 2019 No.14679651 >>14677113 It's not DumbAnon. LINK is up over 13x since the middle of the bear market surpassing all other projects including BTC.

Anonymous Tue Jul 9 10:21:26 2019 No.14679975

30,390,872 #LINK (94,285,350 USD) transferred from unknown wallet (Last used 4 months ago) to unknown wallet

SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM EXIT SCAM

Anonymous Tue Jul 9 10:33:14 2019 No.14680166

>>14673677
>PY-EVM is a thing. You still have to write contracts in Solidity though. Serpent was python-like but its dead now.

OP demonstrated his ignorance here. How can you be a smart contract developer who knows about Uniswap, but doesn't know about Vyper? Seems like OP is a Dapp power user with delusions of grandeur.

This "just run your own server" thing is laughable. When Dropbox came out a bunch of kids on HN said "why do I need this, I can run my own server and use SSH", missing the point in exactly the same way.

>>	Anonymous Tue Jul 9 10:34:06 2019 No.14680180 >>14679975 it went to a cold wallet, nice try tho, stay poor

>>	Anonymous Tue Jul 9 10:44:41 2019 No.14680358 >>14680180 You wish you had a cold wallet more than you wish you were Brahmin.

>>	Anonymous Tue Jul 9 10:51:17 2019 No.14680470 File: 414 KB, 645x367, projection.png [View same] [iqdb] [saucenao] [google] >>14674177 > because of all the pseudo-comp-sci shilling that goes on

Anonymous Tue Jul 9 10:55:35 2019 No.14680534

>>14674981
You had success and just left a huge immutable trail of your misdeeds on a public blockchain. You can run, but as long as you try to spend in a society that has ties to that network you'll be found out. How is this dystopian implication not clear to you? Want to commit crime? You'll need an entire criminal paraller hidden network to spend what you stole. It's not the technology, it's the network and how much people want to use it and build on it. There's plenty of use cases that would undoubtedly benefit everyone, plenty that would cause revolts in the general population if attempted in this time in history. This is unrelated to LINK, they just saw this potential early.

>>	Anonymous Tue Jul 9 10:58:18 2019 No.14680574 The amount of reddit spacing in this thread is unreal

>>	Anonymous Tue Jul 9 11:00:28 2019 No.14680607 Quick question. Why do you guys never address the fact that you're a BSV shill campaign?

Anonymous Tue Jul 9 11:13:51 2019 No.14680823

>>14675096
>24 posts by this ID
>All of them trying to prove he knows better about Chainlink than other people on this board
>Thinks LINK is an ERC-20 token

How do we remove threads like this from ever having existed in the first place? So tired of all the LARPs with nothing better to do than shitpost for an entire day straight.

Get a job or go clean your room, anon.

>>	Anonymous Tue Jul 9 11:18:17 2019 No.14680904 File: 173 KB, 1374x685, 1554956063947.png [View same] [iqdb] [saucenao] [google] >>14672345 What happens when Sergey exist scams? Will I lose my money?

>>	Anonymous Tue Jul 9 11:24:10 2019 No.14680991 Holy shit this thread is still alive. Go get em OP

Anonymous Tue Jul 9 11:24:23 2019 No.14680994
File: 302 KB, 952x540, 1551560759414.png [View same] [iqdb] [saucenao] [google]

Listen up newfags, I'm a tcp ip developer at a fortune 50 big data company with 25 years experience in database infosec, I've looked into chainlink and all I can tell you if that the cryptographic measures implemented in regards to the decentralized security paradigm in the API and IoT structure of chainlink's github code is fundamentally flawed after the Pivotal tracker server crashed due to the core attacks on the network enabled by its corrupt data inputs and outputs, what this really means is that by attempting to solve the oracle sybil resistance issue it instead allows customers to bypass the encrypted hardware and even hack into the smart contract Intel SGX mainframe, unless they manage to increase the signatures and scalable nodes, which isn't likely considering the Google backend isn't compatible with the legacy JSON systems and Solidity language from the EVM in the Truffle stacks, that's why the ic3 and SWIFT engineering teams developed the ISO 20220 standards but it's centralized and susceptible to the 51% front running program so yeah basically Sergey didn't foresee that the enterprise customers and cloud blockchain dapps would never allow their protocols to rely on these permissioned host mechanisms thus rendering the LINK ERC 677 token obsolete and no serious developer would consider DLT technology in these conditions, sorry linkies I'm just telling it how it is.

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance