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16809594 No.16809594 [Reply] [Original]

The "wen staking" blackpill.
Staking in Chainlink will come about when node operators across the network are servicing so many jobs that they can't keep up with the collateral requirements.
They will bear the opportunity cost of using other people's LINK as collateral (which isn't ideal for them because they are sacrificing part of their profits) only when their need for other people's LINK is so substantial that that cost is warranted.
In other words, "staking" in the form you you putting your neetLINK in someone else contracts will only happen when there is so much value moving through the network that the node operators can't actually supply adequate collateral without your help.
By the time there is this level of volume, the hype around Chainlink will be orders of magnitude higher than it currently it. It will be only the third crypto project after BTC and ETH to actually be facing network congestion as a result of demand.
By the time THAT is the case, Chainlink tokens will be $20+ and everyone will be talking about it

There are a lot of things to look forward to with Chainlink as an investment but "wen staking" is a red herring that is literally years away, and will come after the network has exploded in value and attention already.
Sorry to burst your bubbles.

>> No.16810088

>>16809594
>will only happen when there is so much value moving through the network that the node operators can't actually supply adequate collateral without your help.
>can't actually supply adequate collateral without your help
>adequate collateral
>collateral
>staking
Staking is the ability to collateralize job requests with your own link stack in a trustless manner.

What you really want to say is: "staking won't be profitable at alluntil...(insert what you actually said)". You are welcome

>> No.16810286

>>16810088
let's not pretend that the people here give a shit about node staking that doesn't involve them putting their neetbux in someone else's node.

>> No.16810313

>>16810286
I've got a shitload of link, and a shitload of linkpool
I'll be running my own pools as soon as it's possible

>> No.16810525

>>16810313
This, the real ponzis will be the pools I will assemble

>> No.16810633

>>16809594
no reason to stake if no one is using the network. delusional bagholder.

>> No.16810645

>>16810088
leave the retard alone

>> No.16810654

>>16809594
I just want the pain to stop.

>> No.16811560

>>16809594
The real black pill is that staking is literally the least important piece of the puzzle. T-sigs are an order of magnitude more important, as is onboarding new data providers and smart contracts platforms.

>> No.16811770
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16811770

>>16810654
>he wants the gift to be taken away from him

>> No.16811835
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16811835

>>16811770
> Pain has a face. Allow me to show it to you.