>Chainlink wasn’t initially number one choice

[Anonymous No.19926431]

>Initially, Chainlink was not BSN’s number one choice, it was second on the list of potential oracalized data providers. However, he says that they were swayed by the strength of Chainlink’s community and team:

>“We looked at the top four, on the list, Chainlink was not number one. They were the second one. But we saw that Chainlink has the best community, best support. [...] Also, we really liked the team.”

>https://cointelegraph.com/news/chinas-blockchain-service-network-integrates-chainlink-oracles

What did chinks mean by this?

[Anonymous No.19926459]

>>19926431
>best community, best support
wtf i love stinky chinky frens now

[Anonymous No.19926473]

If you would actually understand something about programming and smart contracts it doesn't take a genius to figure out that Chainlink's oracles, quite frankly, suck ass.

Band protocol is literally years ahead of Chainlink even though they started just now. Chainlink doesn't have the talent, it's basically just shiny ERC-token with transfer & call functions.

[Anonymous No.19926484]

>>19926431
First they chose band because its a chink project but then they realised that its a copy paste scam building on the success of chainlink

[Anonymous No.19926490]

>we couldn't have possibly been astroturfing support for this system we plan to implement inescapable global communism with; it wasn't our first choice!
>look how organic and grassroots the community is!
>did you know sergay nazarov is satoshi nakamoto?

[Anonymous No.19926506]

>>19926431
Adelyn

[Anonymous No.19926511]

>>19926473
kek, someone post that image where a band dev literally said to "get on copying Chainlinks VRF thing" in their github.

[Anonymous No.19926555]

>>19926473
>Band protocol is literally years ahead of Chainlink even though they started just now.
That copypasta project where they openly admitted they just cloned LINK?

[Anonymous No.19926578]

>>19926484
How unlike the Chinese to rip something off.

[Anonymous No.19926584]

>>19926431
Linkies going to continue to ignore that its been 3 years and 30M and the product delivered is nothing described in the whitepaper.

[Anonymous No.19926596]

>>19926431
In east Asian countries there is a lot of nationalism and pride for all things in made in that country. In a country like China regulators will first check to see if there is a home grown solution before picking something made by foreigners. In this case, like others have mentioned, band protocol exists, but it's obvious it is a clone and they have no idea what they're doing. To save face BSN probably said that Band was their first choice, but went with Link because (insert non-insulting reason against local solution here).

Having worked with Chinese businesses before I have seen it time, and time again.

[Anonymous No.19926682]

>>19926596
This. Plus read up on Huawei and the African embassy. Chink tech was sending info back to China. There’s no way a Chinese, state endorsed solution would be trusted by the rest of the world.

[Anonymous No.19926721]

>>19926682
Good point about Chinese based tech never being fully trusted by anyone other than the Chinese. I still can't believe the BSN announcement didn't pump it up to at least $7. Once people realize what smart contracts are, what they do, and what they're worth is when crypto will see the golden bull run. Unfortunately, I think we have to wait another few years before people realize it, and realize that LINK is going to lead it.

[Anonymous No.19927163]

>>19926596
Band fucking thai, they’re still foreigners.

[Anonymous No.19927248]

>>19927163
And Sergey isn't?

[Anonymous No.19927276]

>>19927248
I’m just saying band wasn’t even on there radar, i don’t think there was a chinese oracle.

[Anonymous No.19927290]

>>19926596
1000% this

[Anonymous No.19927301]

>>19927276
Confucius protocol when?

[Anonymous No.19927325]

BSN = Bitcoin Servey Nazarov

[Anonymous No.19927389]

>>19926431
>>What did chinks mean by this?
Pic very much related

[Anonymous No.19927410]

I think the entire bsn thing might be a scam because the price didnt move at all why wouldnt the chinese want to buy up tokens if its as big as we think? It just doesnt add up. Is it illegal to buy tokens in china?

[Anonymous No.19927454]

>>19926473
>>19926511

[Anonymous No.19927466]

>>19926473
>it's basically just shiny ERC-token with transfer & call functions.
>t. midwit that doesn't understand programming
It's so easy to spot you guys

[Anonymous No.19927561]

It's pretty easy to guess who their first choice was

[Anonymous No.19927586]

>>19926431
China respects STRONG shit posting.

[Anonymous No.19927592]

>>19927561
Is this image from 2018?

[Anonymous No.19927635]

>>19927561
>From dOracles
>To nOracles
iExec already bent the knee

[Anonymous No.19927648]

>>19926473
t. taobun

[Anonymous No.19927987]

>>19927276
dos network?

[Anonymous No.19928012]

>>19927648
looooooool

[Anonymous No.19928061]

>>19926431
Because it's true what they say.

There are plenty other oracle solutions out there that provides the same or even better services.

[Anonymous No.19928128]

>>19927648

[Anonymous No.19928142]

Yup both makerDAO and Wave’s Gravity would outperform link

[Anonymous No.19928166]

Hi guys, been working on a scam detecting UniSwap listing bot. Phase one is completed. Take a look and provide feedback if you like!

t.me/AllUniSwapListings

[Anonymous No.19928211]

>>19928142
They don’t even have tokens for their solutions lol
How can I even profit from this

[Anonymous No.19928250]

Link had a shit token economics and did u forget how sergey dumped 700k link on us???

Also tokens on oracles just mean that if you have enough LINK --> you can just attack the oracles of unrelated projects and clients.

[Anonymous No.19928254]

Slow and steady wins the race.

[Anonymous No.19928276]

>>19928211
>>19928250
So basically LINK is an attack vector on other projects.

Like why do we even need a token for a glorified JSON parser? And if it's not a glorified JSON parser, why not bother with oracles without tokens like MakerDao's oracle (which is separate from MakerDao's token) and Gravity's Interoperability Oracles?

Redpill me on why sergay needs my money?

[Anonymous No.19928337]

>>19926431
>But we saw that Chainlink has the best community, best support

thats us. that means they like us. perhaps they liked the racist memes.

[Anonymous No.19928342]

>>19926431
Random guesses
1. Maybe they wanted to support a chinese solution/copy and realized it was a deadend ( BAND )
2. They want to use LINK as a way to spy on external data?

[Anonymous No.19928384]

>>19927410
Because the public aren't buying any. It's not meant for them. It's finance industry that buys, but they don't buy from exchanges like you or I, they buy in bulk from Sergey himself (hence the 700k dumps). This means there is lag between these orders and the price moving.
In short we will see the price explode upwards out of nowhere for seemingly no reason.
Good luck swingies.

[Anonymous No.19928555]

>>19928250
>>19928276
>the year 2020.5
>Still not understanding Chainlink
Ngmi. I will throw you a bone this one time: search the archives starting from 9/2017 until around 12/2018

[Anonymous No.19928575]

>>19926431
unfortunately i regret buying SafeX.

[Anonymous No.19928621]

>>19928555
August 18 2017 was the first mention of Chainlink.

[Anonymous No.19928634]

>>19928621
Actual discussion didn't flare up until a few weeks later

[Anonymous No.19929237]

>>19926584
>$30MM to deliver literally billions in value to investors
Oh nooooo how terrible

[Anonymous No.19929309]

>>19928061
name 3

[Anonymous No.19929324]

>>19926431
>What did chinks mean by this?
It means they listed some chink oracle as first for propaganda reasons when discussing this originally but went with link because made in china coin is going to suck. They learnt from the three gorges dam

[Anonymous No.19929378]

>>19926596
This seems plausible, rhat "number one" was some Chinese oracle.
Question is, did they say what it was?
Or, frankly, they probably don't want to.
"Any Chinese oracle" is number one, of course, and Chainlink was number two.
This actually makes Chainlink look better, to overcome the Chinese desire to use Chinese tech. It must be far superior.

How's that for some mental gymnastics

[Anonymous No.19929458]

>>19920447
Chainlink holders are lucky, they're part of Statera's small index fund consisting of just 4 tokens+STA
There's a new staking-method website called Balancer Labs. We can use it to get BAL tokens.
Use the balancer pool to earn BAL.
You gain 7%+ of your money a week every Tuesday in the form of BAL tokens airdropped to you, so if you're a heavy whale with 10k linkies you'll make 3150$ in BAL tokens a week. So that's 28% a month. Your main earnings depend mostly on BAL's price, but STA's pool being so volatile with a trading bot that never sleeps also helps immensely.


Guide
>>19912887

Pool address
https://noproxy.pools.balancer.exchange/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682

[Anonymous No.19929485]

>>19926721
i don't think retail is ever going to catch on to chainlink. Appreciation will be purely usage driven.
>>19926596
this actually makes sense. When i was reading the article last week, the fact that they mentioned that chainlink was the second choice seemed quite weird to me, like "why would they feel it was necessary to add that?". They must have been throwing a bone to some china hustle chainlink ripoff.

[Anonymous No.19929552]

>>19929237
If everyone sold who bought the ico they'd be lucky if they all even got their money back.

[Anonymous No.19930012]

[Anonymous No.19930026]

>>19929458
Wow hello yes I am desperate to give you my chainlink. It is on the way for sure! Enjoy!

[Anonymous No.19930076]

>>19926473

[Anonymous No.19930523]

>>19928384
Like now.

[Anonymous No.19930542]

>>19928337
Lacist memes

[Anonymous No.19930553]

>>19926490
Implying a borderless classless society is a bad thing.
A fascist corporatist and capitalist government pretending to be communist is not based and totally cringepilled

[Anonymous No.19930564]

>>19926431
Highly bearish. Hype doesnt last.

[Anonymous No.19930582]

>>19929309
Super-Oracle 2000
Node-Me-Do
Zoltar

[Anonymous No.19930726]

I don't think the first solution they looked at was Band, it was probably DOS network. Even by chink standards band is pathetic. DOS is a joke and dead but its whitepaper was published in 2018.

[Anonymous No.19931231]

>>19928276
Buy token for lambo sir

[Anonymous No.19931278]

>>19926584
Let me go cry on my 5000% profit since ICO. Retard.

[Anonymous No.19931561]

>>19930726
Chainlink WAS the first choice, but they can't say that. Chinese culture demands that they save face. It's actually quite crazy how much saving face the Chinese do culturally. I have a Chinese mother in law and it's absolutely aggravating as to the lengths she goes to appear a certain way.

Back to this announcement. If China's State entity announced that the West had the best oracle network and there wasn't anybody in China even remotely close, it would be them admitting inferiority to the West. They can't do that. In practice, they absolutely will do that by choosing the clearly best choice despite it coming from the West. However, they have to make a token nod to their own industry and make it appear that they are on par with the rest of the world in all things. So they say that there was another that was even better than Chainlink (implying it's Chinese), but that they went with Chainlink for [insert completely bullshit and pedestrian reasons].
>The community is so good
>We like the team
>muh bullshit feels making zero business sense
There was no other in consideration. They simply said that to save face. They paid lip service to the great Chinese and then went with the only real choice, Chainlink.

[Anonymous No.19931618]

>>19931561
And to reiterate, why wouldn't they go with their first choice? Was their first choice busy? Couldn't commit? It's the a Chinese State owned business for crying out loud in an industry that would kill for this kind of partnership. They are a literal "10" walking in and can have any dumb fuck they want. There's zero reason for them to go with their "second choice" unless their "first choice" doesn't exist and was made up to make it look like the Chinese blockchain industry is on par with the West, which it obviously fucking isn't.

[Anonymous No.19931651]

>>19931618
We all know this retard.

[Anonymous No.19931687]

>>19931651
I'm hodling hands of retards because I like to fuck retards. Their moans are so hot.

[Anonymous No.19931738]

>>19931618
This. Certain industries (I'll use Huawei as an example) are designated 'Good Luck Number One Of Best Dragon Is China' or some such term, which basically means; every other competitor can fuck off because you're buying this or nothing at all. Band must be an absolute pile of dog shot (shat by dog just before it was served as lunch) for the gov not to use it. Plus do you think the rest of the world would trust Chinese tech in the financial markets? I;ve said it before but Google Huawei and the African embassy.

[Anonymous No.19931762]

>Implying a borderless classless society is a bad thing.
>A fascist corporatist and capitalist government pretending to be communist is not based and totally cringepilled

[42 No.19931924]

>>19928337
>thats us. that means they like us.
Based