[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:

View post   
>> No.8531290 [View]
File: 801 KB, 1300x1500, ash vs evil link.png [View same] [iqdb] [saucenao] [google]
8531290

>>8531179
>>8531271
Like so

First step was payment coins like bitcoin, litecoin or even nano. Next step was setting up smart contracts for DaPPs. Ethereum, NEO etc.

>Smart contracts are limited to digitalized data. They have a limited application in real life and cannot substitute real contracts. You cannot digitalize reality.

Final step is finding a way to get external/real world data from the outside world onto the blockchain. This is where ChainLink comes into play and solves what is known as the 'Oracle Problem.'

ChainLink is not only a bridge for triggering smart contracts from other platforms but is also the first one which can securely insert offline data into smart contracts or grabbing them out from elsewhere. Every single visionary use case with ethereum you heard of needs data from outside of the crypto Ecosystem.

30k Link stack smart contracts are the future.

>> No.7869066 [View]
File: 801 KB, 1300x1500, AshVsLink.png [View same] [iqdb] [saucenao] [google]
7869066

Navigation
View posts[+24][+48][+96]