/biz/ - Business & Finance

>>15113985

Its 6am, time to start a great new day! Let me get settled in and check the price of Link while I take a big sip of coffee, surely it's gone up since all these great announcements keep happening.

>>14908632

Taking delivery of all my coffee futures contracts
I need to stay awake when Deutsche Banks fails and we get Great Depression 2.0

>>14187812
locked and loaded boys lets get this show on the road

>>13864486
NANI ?

>>13629094
MFW I SOLD ONE BITCON FO 34 ETH 1 WEEK AGO

>>13609867
What the hell am I looking at?

>>13276248
WOAH! Don't scare me like that

Could it hit the ATH again though? Don’t remember what it was exactly, like ~200. Could NEO be a reliable 10x?

>>13231169
Can I say in my resume that I'm your tech guy? Can I put you down as one of my references in the event that I leave your service in 4 or 5 years?

>>13231184
>>13231196
What happened?

>>13207845

>>13111909
I could do this with CME or some other futures exchange but they will fuck me in the ass with bullshit fees and waiting periods. They might even try to find some legal bullshit to prevent payment who fuckin knows. But suppose instead I decide to enter into an identical futures smart contract on the Ethereum network. When the contract expires I sell my milk to the counter party and they buy it for the predetermined price. How does the contract know I sent the milk though? IoT devices like RFID chips. The buyers receives the milk, receipt is sent to the blockchain, the contract receives this trigger, and I get paid, no bullshit.
BUT, how does this data get on the blockchain? It does so by being fetched and processed by middleware called an oracle. And here's the punchline: oracles can't be centralized, they can't be run by a single entity, firm, whatever. There can't be a single node getting this data. If this were the case the whole point of blockchain (immutability due to decentralization, proof of work, nakamoto consensus) would be moot. Chainlink is a network of decentralized oracle nodes run by separate independent parties operating with the aim of preserving immutability of data at all stages of the execution of a smart contract on a blockchain.

>>13047324
>>13047330
>Bog's influence is spreading

>>12964980
smart contracts existing on blockchains like ethereum are tamper proof/deterministic and adopting them in the place of current legal/digital agreements would automate a shitload of back office work thereby causing big savings for companies, problem is you need middleware between traditional databases and smart contract platforms that get data onto blockchains while maintaining the security that blockchain offers through decentralization, chainlink is such a middleware: many independent nodes fetch off chain data and put it on chain, since there is no single point of failure and many independent actors have financial incentive to provide correct data (serving contracts results in LINK payment and reporting wrong data incurs penalty payments to the contract in LINK) the chainlink network offers a level of security and precision no other oracle project comes close to, mainnet soon

>>12933997

>>12897777

>>12846173
I'm literally shaking right now

>>12718640
Some of it yeah.
What about the rest.

I'm up 7000$ since Sunday, this feeling is better than coke

Post another angle and /biz/ will worship you.

Felt like a larp desu

>>12597863
Im on the discord. Nobody there talks about or coordinates this shit. Its not us linkies. We're to busy begging for breadcrumbs.

>>12587392