/biz/ - Business & Finance

Biz has completely gone to shit. Last spoonfeeding for a while: Chainlink is the product with the MOST POTENTIAL USE CASES. It is not a ledger, it is not (only) a token, it is not a blockchain. IT IS A SECURITY PROTOCOL THAT ALLOWS TRUSTLESS EXECUTION OF BLOCKCHAIN CONTRACTS. Put in a way that you brainlets can understand: Once businesses realize centralized oracles will lead to fraud, they will begin searching for a solution. The solution, thanks to chainlink, is already (nearly) fully developed. You write in any quantity of oracles you want into your contract, and you penalize the nodes who are outliers. This creates a virtuous feedback cycle where the most successful nodes are the most honest, and the contract writers can determine how many levels of node redundancy they want. Most beautiful, is that chainlinks success is not predicated on the success of the contracts. It is simply predicated on the ease of use and adoption of the network. Shall I go on?