/biz/ - Business & Finance

T

soon...

>>19653217
my all time favorite link meme

it's really almost laughable.
Well, it was fun while it lasted boys.

Listen to me. Come closer.
Listen very closely.
I am not selling.
Do you hear me?
I am never fucking selling
I
WILL
NEVER
SELL!

131
We may not have a make it stack, but you know what? we will still have gains from putting in our own money. Now use those gains to chase after the next Link. There's plenty more Oracle projects. It's not over yet.

Poorfags unite.

JESUS CHRIST
WE ARE ON THE CUSP OF SOMETHING HUGE HERE BOYS
2 FUCKING YEARS! 2 LONG YEARS!

NEVER WAS OUR FAITH SHAKEN! WE ARE UNIRONICALLY MAKING IT MARINES!

I LOVE YOU GUYS! I LOVE EVERYONE WHO HAS BEEN ON THIS JOURNEY WITH ME! WHAT A LONG JOURNEY ITS BEEN BOYS!

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>13787191
Here fren

>>12983648
Officially my last post of the logo before going /stealth/ boys. I had to chose my favorite one after a year+ of shitposting with you fags.

Full stealth mode starts now.

>>12429988
chainLINK chainLINK

>>12330927
You're goddamn right

>>11861503

>>11481261
we are unironically going to make it. The singularity is not a meme.

>>10623531
>take our species to the next level.
BUT THEY ARE

>>10342873
The market of decentralization is moving very quickly into the area of institutional money. Smart money is very curious but are not going to pull the trigger just yet, because lack of regulations but overall limited uses. You aren't going to convince Fidelity Labs to invest in you random shitcoin #265 because it has faster transaction speeds or multi-algorithm mining. They don't really care too much about investing into cryptocurrencies as a commodity.

The one section of the decentralization market that does show promise to these large financial institutions is the idea behind "smart contracts". A smart contract is a computer protocol that automatically executes negotiable agreements of a contract without the need of a third party. If you think of the use case behind an automatically executing financial contract, you will be loss in an endless loop. It has the ability to save billions on smart contract-powered stocks and bonds.

But its not that simple. For example: Company A has a smart contract set to self execute a payment when Company B delivers a certain amount of oil. The smart contract currently has no way of knowing when/if the oil is even delivered to Company A. A smart contract has no use case outside of what information is available on chain. This is "the oracle problem", the oracle being a provider of information.

Chainlink is one of many companies tackling the oracle problem, so smart contracts have a use case beyond sending tokens. What differentiates Chainlink from its competitors is the idea behind its decentralized oracle solution i.e a network of nodes acting as an oracle. Sergey Nazarov would make the argument that a smart contract, being trustless in nature, would need a system of decentralized oracles to stay trustless, as a single oracle is a point of failure because now the trust lies on that single oracle. It is very exciting technology and /biz/ cannot stop talking about it. For good reason.

>>10013897
>>10014572
Not OP I am. Very comfy thanks and I am back to accumulating monthly as I will be as long as it is under 25

>>10002940

>>9994889
Sergey is a big stanley kubrick fan

>>9793577

I like to believe Sergey is a big fan of Stanley Kubrick.

Actually, I imagine the start of his idea for chainlink came to him from extra terrestrial/other worldly beings.