/biz/ - Business & Finance

Does anyone actually know? The best answer I get is that it is to fund node operators, but has the team actually disclosed this anywhere? $12 million a week seems unreasonable for that anyway. Hands getting weak...help me bros.

SELLING

Could it ever hit bitcoin levels?

So wtf is staking?

Swingles Get The Rope

https://youtu.be/lhH87Ub0uDc

WE'RE ALL IN THIS TOGETHER

https://youtu.be/lhH87Ub0uDc

Is it actually unstoppable? I get liquidated if this goes above $4.60

https://www.coingecko.com/en/coins/chainlink

Link is almost 4$ *again*, why didnt u bought a month ago biz ?

>trying to solve a problem that doesn't exist

>They embed public API calls information directly into the Ethereum blockchain, meaning the storage cost of the data itself will be astronomical

>There is no way to call any private APIs because your API key will be leaked due to the public nature of Ethereum

>You are assuming that companies would be willing to pay a fee of 10 cents per call. (Which is entirely ridiculous, one of my apps runs nearly 100k api calls per day and I pay only 300 dollars/month)

>You are assuming companies will pay 10 cents/call to receive "decentralized" data, such as prices of stocks, when they already own multimillion dollar contracts with companies specifically built to provide accurate data (plus you can get your money back if the data isn't accurate from a company, rather than having no one to answer for mistakes)

>You assuming companies will wait 30+ seconds for an API call, which would place them at a disadvantage of any other competitor who is using a centralized system

now that the dust has settled, what went wrong?

FUCK YOU SERGEY YOU FUCKING FUCK

what's the oracle problem?

So if every node on chainlink's decentralized oracle network gets the same input from an central authority, what's the point?