/biz/ - Business & Finance

>>17234198
It's about to happen, isn't it?

Is XMR on maintenance for withdrawals on binance or is it just me? Has been 3 days so far

>>17229911
>Prove me wrong.
when you're right you're right

>>17214771

>>17080128
>2.75
good job on those partnerships, they must be so important!

>>17075571

i like chainlink.

>>16555211
I’m here fren

>>16504148
coming right up

>>16103318
I'm in. Pump eet.

>>15791513
The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

So....

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The Chainlink network is genius like that.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

Is 1000$ really possibly in say the next 3-4-5 years?

>>15763167
Every time I see my boss (just on mondays lately because he has been working other projects) we usually greet with a very firm handshake. Also we finished a proposal last week and the boomer head of contracts I was working with came over to introduce himself afterwards. I gave such a firm shake that we both heard his hand pop kek.

>>15618329
Based anon, fuck the none believers

>>14931961
Thanks OP just market bought 30k COTI

all spots open for mine would really appreciate it bros

EOS:
https://coinbase.com/
earn/eos/
invite/86m4prwz

XLM:
https://coinbase.com/
earn/xlm/
invite/ydqj0vgp

>>14713632
Well I'm in uni right now, doing a SWE internship for a powerplant manufacturing company but I'm afraid it's not gonna be enough to qualify me for a super high paying job. Also it doesn't help that I live in a cow town. I want to get out to Cali and get a decent paying job after graduating, prob live with some relatives so i can avoid paying rent. Do you happen to know what kind of languages and software work pays the best, or one that's in really high demand rn?

Also do you like ur job? Does it get repetitive or challenging? Most of the work I'm doing right now is pretty bland and repetitive

>>14680504
>>14680572

use code PepeCrypto

Nothing, as I learnt valuable lessions in 2018

>>14344708
Anu saukko

IM A SWINGLINKER AND IM PROUD!

>>14342057
I will, and hopefully I can land a spot right next to the real satoshi that died in 2014

>>14335506
Buy link