/biz/ - Business & Finance

>WHILST everyone is obsessing about price and announcements...

has no-one noticed that CL have begun their onboarding process for wider nodes (basically anyone who is not a F500) this is another step towards overall deployment of the network.

CL have begun to run aggregator contracts on Ropsten in order to test all the nodes that have registered over the last months (neet nodes/small start ups etc).

once they weed out the imcompetant node ops they can decide who's ready to contribute to the mainnet reference contracts, which will be heavily utilized by BigQuery.

mainnet reference contracts pay these node operators 0.33333333333333333 LINK every 5 minutes to fetch the price of BTC/ETH/LINK, which is then aggregated. BigQuery will then reference these contracts for their fundamentals.

12 calls p/h, 288 calls p/24hr, 2,016 calls p/wk, 8,064 calls p/mth

8,064x0.33333333333333333 LINK= 2,688 LINK p/mth

2,688x2.2(current mkt price)= £5,913 p/m from running a mainnet oracle that provides price data to just one reference data contract. Your oracle will supply data to LOTS of these reference contracts.

My time was better spent deploying my infrastructure for the above, rather than obsessing about price on biz.

>https://docs.chain.link/docs/using-chainlink-reference-contracts

t. node op