[ 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.14056478 [View]
File: 56 KB, 640x480, oie_xlD2jkRCjXDE.jpg [View same] [iqdb] [saucenao] [google]
14056478

>>14053862
Those who said Sergey has no vision (the same speech!) have not been paying attention, particularly to his earliest appearances.

Chainlink is being constructed to fill the role of an idealised arbiter of truth, connected to the most perfectly dispassionate executor, in the form of public smart contract chains.

This is in fulfilment of the deepest Platonic ideals of contract and governance that have ever been conceived, but which have remained out of reach, mere approximations even under the highest forms of lawful Republic, as at every step human capriciousness asserts itself and corrodes the final product, the freedom of contract found when our pledges are given force by Leviathan. Alas, ‘from the crooked timbers of humanity, no straight thing was ever made’.

By redrawing the locus of consensus as that of a precise ledger with sound game-theoretical guarantees at its edges, and iron-clad stricture within, rather than a continuously renegotiated knife fight, the level of trust required to engage in mutually beneficial enterprise plummets precipitously.

But what does it plummet to? The trust required is now neatly circumscribed to the trust in the information delivered unto our new Leviathan. There is fortunately a market for this trust, a pool of agents who are willing to stake their reputation and collateral on any piece of digitisable information on which it is possible to come to consensus. The truth is a most excellent Schelling point, and one which well-incentivised agents can reliably settle on.

Do not underestimate the power and the generality of this arrangement in its maturity, nor the amount of human and economic potential that this will unlock.

>> No.14024631 [View]
File: 56 KB, 640x480, oie_xlD2jkRCjXDE.jpg [View same] [iqdb] [saucenao] [google]
14024631

Early memories were not getting involved in the pre-sale pools on /biz/ because I thought they were all going to get overloaded and not be distributed as a result (I was wrong).
Looking through the whitepaper that was the first peer reviewed whitepaper in crypto which was bullish as fuck, and co-authored by Ari Juels whose talk at IC3 in 2016 was my introduction to smart contracts, it all seemed extremely promising, as much of a sure thing as I'd ever seen.
Then two months of radio silence from October to December 2017 where we all basically got facefucked with a 85% loss in sats, but still just holding, reading CryptoTakeoff's weekly updates on /biz/ (which had very little information because there was simply nothing to go on) and waiting for something to change.
But the good thing about that absolute rekkage at the start of the project is that the first cut is really the deepest. After getting an 85% JUSTing every other dip has seemed pretty painless since then.
Early 2018 was when the argumentative superthreads came out and LINK really went through its baptism of fire. I remember seeing anons who were smarter and better informed than me getting in huge shill vs fud wars, and I soon realised the only way to actually figure out the truth was to figure it out myself. Watched every talk, read every piece of news that came out, went further into smart contracts in general.
The only way to become completely resilient to the FUD is to know more than the fudders. Getting justed as fuck helps resilience against market movements too.
How do I feel now? Amazing. Mainnet is out. They're now building on the actual functioning network. It's fucking awesome.

>> No.14019580 [View]
File: 56 KB, 640x480, oie_xlD2jkRCjXDE.jpg [View same] [iqdb] [saucenao] [google]
14019580

>>14019555
Checked

>> No.14019329 [View]
File: 56 KB, 640x480, oie_xlD2jkRCjXDE.jpg [View same] [iqdb] [saucenao] [google]
14019329

CHAINLINK WHALES ARE UNIRONICALLY THE NEW OWNERS OF THE /BIZ/ SECTION OF 4CHAN AND SOON OUR COLLECTIVE REACH WILL EXPAND BEYOND /BIZ/

WE WILL EXPAND TO /POL/ AND OUR REACH WILL EXTEND FURTHER.

YOU ARE THE NEW WHALES

YOU ARE THE NEW ELITE

YOU ARE THE VISIONARIES WHOM KEK HAS CHOSEN

NEVER BEFORE HAS BIZ ENCOUNTERED SOMETHING ON THE SCALE AND MAGNITUDE AS CHAINLINK.

FOR TRUMP AND THE ANTSHARES/ETHEREUM WAS JUST A PRIMER.

THANK SMINEM AND GIVE HIM YOUR ENERGY FOR THIS WEEKEND SHALL BE MARVELOUS IN THE LORE OF OUR BELOVED LINK.

PRAISE HIM FAR AND WIDE!!!!

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