/biz/ - Business & Finance

>>12803673
Israel has no right to exist.

>>12803673
theres been multiple threads about this, yes we get it

>>12803679
I concur

>>12803673
I really want all you fucking morons that think this is relevant to LINK to wake the fuck up. BNC does not use LINK for anything. LINK uses BNC's API for crypto derivatives, because LINK, like NASDAQ, sees the utility in a robust crypyto index.

This means fuck all for LINK. BNC works fine without it. LINK is used to reliably tirgger smartcontracts with offchain data. BNC is not a blockchain, it does not use LINK, and does not make any smart contracts.

Read the fucking whitepaper you idiots.

>>12803717
Thank you

>>12803717
I just don't understand why anyone is going to buy link to get the price of something they can just Google.

>>12803717
this doesnt prove why israel should exist

>>12803731
Damn you must be bored or drunk tonight anon. I'm seeing you everywhere.

>>12803717
>BNC partners with Chainlink - The Chainlink network provides reliable tamper-proof inputs and outputs for complex smart contracts on any blockchain.

>>12803747
How are you going to tamper with a Google search. Fucking checkmate linky

>>12803741

>>12803679
but jews do so,

>>12803717
t. nopants

>>12803741
give me your links

>>12803758
You could write a Google search adaptor if you were so inclined. Don't see what that solves though.

>>12803717
The irony of this is that holders just sit on the sidelines to watch Link's partner projects prepare for success. They assume that their token will share in that success by default, even though Sergey has repeatedly said that he doesn't know how much anybody is willing to pay (if anything at all) for the 'security guarantees' of decentralized oracles.

>>12803844
This is a genuine concern. Reddit is a great example of a highly trafficked site that does not generate very much revenue.

>>12803844
I'm all in on LINK.

>>12803747
> The Chainlink network provides reliable tamper-proof inputs and outputs for complex smart contracts on any blockchain.
>any blockchain.
>blockchain.

BNC is not a fucking blockchain. There is no need for tamper proof inputs outside of smart contracts. BNC does not use LINK, it has no use for LINK. The 'partnership' is that LINK has a dedicated connection to BNC's API (https://docs.chain.link/docs/bravenewcoin).The only people who keep parroting this dumb shit are the ones who either don't understand BNC, or don't understand LINK, and probably both.

t. IQ 103

>>12803912
fuck a partnership im hyped this is going to make me money being a node operator.

t.104 IQ

>>12803775
Jews who say they are Jews, but are not (DO NOT KEEP THE LAW) are of THE SYNAGOG OF SATAN

>>12803775
No, they don't.

All kikes are pedophiles and have no right to exist.

>>12803679

>>12803912
>all in Link
Kek, good luck with that

>>12803730
your missing the whole point of smartcontracts and crypto then.

Its about automation. Its about creating a standard form of trustless contracts in many different industries. The only way smartcontracts an be used is if the data put into the smartcontracts is trustless. This can only be achieved via decentralized nodes.

If you can google data or use a centralized source for data into a million dollar smartcontract whats to stop the data provider from giving false data to benefit one side of the transactor?

Do you get it now? Chainlink is what is needed to make this whole crypto space flourish. Without Chainlink decentralized nodes all smartcontract platforms go to zero. no one will use them.

>>12803758

Another idiot who hasn't figured out what a smartcontract is for.

>>12803844
another idiot who still has not figured out the tokenomics of chainlink and why it is the only token in ALL of crypto that has a chance to pass Bitcoin by market cap

>>12804630

Yeah but there is no reputation system so there is no way to aggregate answers from several nodes and making it viable

Since the reputation system is months away, BNC will launch in nasdaq without using oracles

>>12804671
BNC is not a blockchain.
BNC is not a blockchain.
BNC is not a blockchain.

WHY THE FUCK DOES SOMETHING THAT IS NOT A BLOCKCHAIN NEED A FUCKING BLOCKCHAIN ORACLE?????

>>12804671

Nasdaq, BNC, is only a the first step. the network is being built out and yes Chainlink nodes are being used. It won't add to the value at first but it will once smartcontracts come into play.

just a thought, The amount of oracles at first wont need a reputation system since the amount of oracles will be limited. Why not just use the whole oracle network at first?

>>12804735
Thats like saying the internet is only good to buy stuff online.

The oracle problem is an implementation problem. If your smart contract platform lets you elect a small set of nodes for each execution then they can all independently query external data sources then act on the basis of the data or response they get back.

If say a set of 8 nodes get 8 different answers from the external source then their consensus will fail and the contract execution will fail. That’s the behaviour you want. If 7/8 of them get the same answer then the consensus is reached and the execution proceeds. Literally chainlink is a solution to a problem that only exists due to ethereum. Using codius for example you simply don’t have an oracle problem.

Pick a random jury of say 8 nodes to execute your contract. On a decent smart contract platform those nodes can query external services. A majority of super majority position wins the consensus round. The external service fetch is part of the normal execution of the contract.

The Oracle problem only exists on Ethereum.

>>12804630
yea i get it dude im just bored

>>12804735
The data bnc offers is used in smart contracts, so it must come from chainlink

>>12804778
I swear to god if I could somehow kill everyone of you nulinker brainlet scum I would. In a fucking heartbeat.

Brave New Coin is not a blockchain. It cannot 'use' chainlink. It never will use Chainlink. You're so goddamned dumb you don't even know that you're dumb. Keep jerking off and thinking that Link's partnership with BNC means that they're using LINK and not the other way around.

>>12804790
>The Oracle problem only exists on Ethereum.
The Oracle problem exists on any deterministic blockchain

>>12803844
You’re forgetting a few fundamental pieces where chainlink enables proactive data to be used for smartcontracts, which is a huge step up from any current contract technology and will improve contract services. You’re also forgetting the cost savings this will provide to users instead of current models, and a host of other things and you’re either posting this because
>muh FUD pasta
Or legitimately this dumb but I can’t tell which it is anymore on biz so have a (you).

>>12804798
The data is pulled directly from exchanges, as BNC has done since 2014 when it was founded. Chainlink connects to THEIR api, as I stated in my first post ITT. These NASDAQ posts say NOTHING about smartcontracts and there's ) reason to suspect they'll be using them. NASDAQ is going to post the BlX index datra. WOW.

>>12804811
Chainlink is an ERC Token with TransferAndCall function, you can ditch Ethereum and build such function inside any smart contract platform.

Ethereum being such a piece of shit without POS just tells how fucking shitty it is, there are better things coming than Ethereum and Chainlink but you are too stupid to see it because you don't understand blockchain technology

>>12803758
>>12804641
or seo

>>12804790
Hey dumbass, the oracle problem is the paradox where you have a deterministic system that can only react to data inputs already existing on chain or triggered by external account with the necessary funds, and maintains a trustless state. Then if you want any situation where data existing outside of the system is authorized to influence the on chain state, you need to trust someone. The fact that it always comes back to he said she said at some point is why we have the oracle problem. The only way you don’t have the oracle problem is if you accept that someone is in charge with the data and carrying out the state change and you always trust them.

I think from a shilling viewpoint it's bad to set the BNC as the mainnet launch, because even if it there is no mainnet, newfags will dump the price just out of speculation, LINK needs ethereal unreleting shilling of mainnet so putting mainnet in a certain date is asking for disaster

>>12804831
>These NASDAQ posts say NOTHING about smartcontracts
nasdaq.com/article/how-smart-contracts-can-help-businesses-provide-better-customer-service-cm1030345

>>12804850
>The Oracle problem only exists on Ethereum.
>you are too stupid to see it because you don't understand blockchain technology
good try grug

>>12804907
No shit asshole but that's totally unrelated to the BNC posts at hand. I think smartcontracts using Chainlink is inevitable. But I'm perturbed by the amount of fucktards who think that NASDAQ using the sevices of a Chainlink partner means that NASDAQ is using chainlink. It's completely wrong and worse than baseless FUD, it's retard tier shilling.

>>12804735
Theory: BNC is going to host the APIs for BLX and ETX. Then, they’re going to run those APIs through chainlink nodes (or anyone can run a node with those APIs for that matter). Then, anyone looking to create smartcontracts can incorporate those data feeds into their smartcontracts for reliable uptime of the BLX and ETX numbers demonstrationing the viability of smartcontracts as the network is preparing to launch. Because BNC is hosting the APIs, NEETs can also plug BNC’s APIs into a chainlink node and because those nodes all have the same api source (BNC), there is no need for aggregation yet because they’re all pulling from the same source, so presumably aggregation will launch soon to allow aggregation of those nodes.

Not totally sure, but I do know activity is increasing and mainnet appears to be weeks away depending on audits. They must have the core code done because why would you pay for audits for something that isn’t done yet? Thomas even said something about not changing it because why add to or delete code which is in audit?

The network seems close to going live. Hopefully around the 25th?

t. Deluded stinky linky

>>12804831
Y u so mad? This means BNC is being considered a benchmark data source. Creation of crypto derivatives will rely on BNC indexes. Derivatives are a key market chainlink is targeting, and will this may be practically the first chainlink use case. This is about as bullish a scenario unfolding as possible without directly involving chainlink

This handsome devil just sold link OTC to organisations and there's nothing you can do about it.

>>12804938
If people were saying that I wouldn't be mad at all, because everything you said is techincally correct. What pisses me off is the morons saying 'NASDAQ is using LINK" and actually meaning it. Plenty of them ITT.

>>12803730
>I don't know why someone would use a computer to read the news, when the newspaper works perfectly fine

>>12805107
>I don't know why someone would use a toilet, when the street works perfectly fine

Cant argue with pajeets

>>12804805
clearly you didn't read what i wrote.

piss off you idiot.

>late adopters still think they can get rich with link

>>12804929
So nasdaq will use chainlink?

>>12803717
>BNC openly stated they were partnering with Chainlink, because Chainlink sees potential in BNC
In what universe does that make sense?

>>12805913
I'm so hungry I could eat a sandwich from a gas station.

>>12803673
how low will it go this time? should I set my buy orders at 0.42? 0.39?

>>12803844
>>12803859
>"Sergey himself said he doesn't know how much anyone is willing to pay for decentralized oracles"
>"This is a genuine concern"
Lmao, is blatant concern trolling really back now?

Protip: how much people are paying each other for decentralized oracles HAS NO IMPACT WHATSOEVER on the price of Link.
If Link was 1 trillion USD per token, you could still pay someone 1 cent worth of Link.

>>12803912
>>BNC is not a fucking blockchain. There is no need for tamper proof inputs outside of smart contracts.
BNC collates a ton of different crypto exchange data feeds.
Using oracles to do this would allow for more secure/robust/advanced/... functionality.

>>12804831
>>12804735
See >>12805946

>>12805934
or the price of a cup of coffee

>>12805957
Gas station coffee.

>>12803717
KEK, you've just applied the next level FUD. Those who don't understand the subtle differences in your wording will be misled. You're still accumulating, I see. Well played.

>>12805103
>What pisses me off is the morons saying 'NASDAQ is using LINK"
Nasdaq is using BNC, a data gathering project that openly partnered with Chainlink.

This means BNC is looking to Chainlink to enhance/expand its offering for its users, which includes Nasdaq.

This isn't dot connecting, this isn't breadcrumbs, this is all entirely verifiable.

>>12805928
Oi niggers please answer

>>12804805
Lol

>>12803717
Lol

>Are you starting to get the picture?
>oblivious to the fact that all of biz is almost all-in link
>addressing the stray newfag
Your missionary practice isn't very efficient. It displeases Sergey.

>>12803717
Fucking thank you. This board is getting full of morons. OPs articles have nothing to do with Chainlink.

You don't need Chainlink to fetch blockchain data into a database, for that you can just use a blockchain explorer API like Etherscan or exchange APIs.

Let me repeat it: YOU DON'T NEED CHAINLINK TO FETCH BLOCKCHAIN DATA INTO A DATABASE, BECAUSE IN THAT SPECIFIC CASE YOU WOULD JUST USE AN AVERAGE API FROM AN EXCHANGE OR A BLOCKCHAIN EXPLORER LIKE FUCKING ETHERSCAN

>>12806759
>doesn't understand how chainlink makes simple API calls into smart-contracts.
>doesn't understand how this makes the API call overcome the reliability and trustlessness threshold that's required for a world of new usecases to be utilized
Whan coin are you married to? You clearly want to all-in link but can't part with your heavy bags.

>>12806759
>You don't need Chainlink to fetch blockchain data into a database
But you can damn well use Chainlink to fetch, collate, process, ... blockchain data you brainlet.

From BNC's own announcement about the Chainlink partnership:
>BNC & Chainlink bring enterprise-grade smart contract tools to institutions
>Real-time cryptocurrency price data is necessary to enhance complex financial instruments and meet growing demand from institutions and enterprises
https://bravenewcoin.com/insights/bnc-and-chainlink-bring-enterprise-grade-smart-contract-tools-to

>>12803731
loving this anti link meme
death to all kikes

>>12803717
>>12803912
>>12804735
>>12804805
>>12804831
>>12804929
>>12805103