/biz/ - Business & Finance

>>50274294

>>50233318
Co-creator Nazarov calls it "the Coke and Mentos model". After years of thorough R&D, Chainlink Labs has concluded that for staking to be optimal "across all possible market conditions", LINK tokens have to be staked on nodes as incentive collateral, similar to how you'd store a few Mentos inside a prostitute's gaping anus, and in case of faulty or dishonest node behavior, a trustless slashing mechanism would trigger in order to punish the malicious actor, like pouring a bottle of coke inside the gaping prostitute hole, creating a geyser-like eruption of the collateralized funds to cover for potential losses. Ari Juels, former chief scientist at RSA, confidently affirms that this novel, unusual model "is just simple game theory". Dan Boneh, a cryptography veteran with an h-index of 120 who also recently joined Chainlink Labs as research advisor, added: "quite old-school, really".

>>50222196
Being a millionaire means nothing now.

That means you have enough for a regular house and a cat. It used to mean you had a mansion and 10 cats.

>Co-creator Sergey Nazarov calls it "the Coke and Mentos model". After years of thorough R&D, Chainlink Labs has concluded that for staking to be optimal "across all possible market conditions", LINK tokens have to be staked on nodes as incentive collateral, similar to how you'd store a few Mentos inside a prostitute's gaping anus, and in case of faulty or dishonest node behavior, a trustless slashing mechanism would trigger in order to punish the malicious actor, like pouring a bottle of coke inside the gaping prostitute hole, creating a geyser-like eruption of the collateralized funds to cover for potential losses. Ari Juels, former chief scientist at RSA, confidently affirms that this novel, unusual model "is just simple game theory". Dan Boneh, a cryptography veteran with an h-index of 120 who also recently joined Chainlink Labs as research advisor, added: "quite old-school, really".

>>50184218
I think she's still on the fence about that.

>>50180238