/biz/ - Business & Finance

Mixicles lol

>>15477746
THE SHADOWFORK IS REAL

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHH

>>15477738
CHAINLINK 1000$ EOY

Link to anything?

>>15477778
https://chain.link/mixicles.pdf

>>15477738
Oh shit... it's real
https://www.mixicles.com/

Only now, however, are smart contracts beginning to emerge that go beyond basic on-chain ownership through tokenization [59] and tap into other markets. These include the more
sophisticated and much larger groups of contracts found in the capital markets as
well as the world’s largest market by notional outstanding value, derivatives [7]. The
aggregate value of capital markets alone (very roughly $200Tn) [75] dwarfs that of
markets that lend themselves to basic tokenization, such as venture capital (approximately $250Bn in 2018 [53]) and gold (roughly $9Tn total value at current market
price [3, 88]). There is potentially vast untapped value waiting to migrate on chain

This is the fucking intro.

>Scamcoins are now imitating Chainlink
Bullish as fuck for Link

>>15477818
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAGAGAGAGAGAGAGAHAHFNKEIWOFNDNSJS

SUB 1 EOY CONFIRMED

>>15477738
We are making it this month

Dumping some key text from the PDF for anons too lazy to click links

-Abstrace
"We show how to use oracles to build simple, privacy-preserving decentralized
finance (DeFi) instruments we call Mixicles.
Mixicles ingest input payments from two or more parties and yield payouts
that are conditioned on oracle reports. They are designed to provide privacy for
both the terms and outcomes of the financial instruments they execute. At the
same time, Mixicles can support rigorous regulatory and auditing requirements.
The most appealing feature of Mixicles is their avoidance of expensive cryptography and complicated contract structures. Mixicles are conceptually simple, and have low on-chain and off-chain resource consumption."

>>15477818
>When you eat your nicely done McDonalds™ Big Mac® with a fresh Mixicles™ Mango Passion Juice© drink

>>15477852

-Beginning paragraph of introduction

"Introduction
The decentralization of financial markets is well underway, as evidenced by the popularity of blockchain-based digital gold/asset ownership (e.g., Bitcoin) and the adoption
of blockchain-based venture capital/crowd sales (ICOs, a.k.a. token sales). Only now,
however, are smart contracts beginning to emerge that go beyond basic on-chain ownership through tokenization [59] and tap into other markets. These include the more
sophisticated and much larger groups of contracts found in the capital markets as
?Ari Juels is a faculty member at the Jacobs Institute at Cornell Tech. He co-authored this work
in his separate capacity as a technical advisor to SmartContract Chainlink Ltd., in which he has a
financial interest.
◦Lorenz Breidenbach is an SNF BRIDGE fellow at ETH Z¨urich. He co-authored this work in his
separate capacity as a technical advisor to SmartContract Chainlink Ltd.
Smartcontract Chainlink Ltd.
1
well as the world’s largest market by notional outstanding value, derivatives [7]. The
aggregate value of capital markets alone (very roughly $200Tn) [75] dwarfs that of
markets that lend themselves to basic tokenization, such as venture capital (approximately $250Bn in 2018 [53]) and gold (roughly $9Tn total value at current market
price [3, 88]). There is potentially vast untapped value waiting to migrate on chain."

**AL:SO**
CTRL + F from related document for "Chainlink" yields 14 results

TL:DR Private smart contracts without trusted hardware based on oracles that can retrieve sensitive data without seeing it but still prove it and it is auditable and regulatory compliant

>>15477852
>Abstrace
Whew senpai.

>>15477875
>and regulatory compliant

>>15477867

1. . Secure and Reliable Oracles: Smart contracts need access to a robust ecosystem
of oracles that provide secure and reliable access to critical external systems like
data feeds. Solving this problem is the essence of Chainlink’s ongoing mission.
Nearly all financial instruments of any complexity need a solution. Something
as simple as exercising a stock option, for example, requires knowledge of the
current market price of the target equity. There is also clear precedent for this
requirement in the over $200Tn financial contracts today tied to LIBOR and
thus reliant on LIBOR data feeds

2. Smart-Contract Confidentiality: Smart contracts na¨ıvely implementing financial
instruments on blockchains (permissionless or permissioned) can leak critical
business intelligence: Monetary amounts, instrument terms, and participating
counterparties. In today’s complex capital and derivatives markets, privacy
is both a given and a legal requirement of most contracts. The reasons for
privacy are varied, but often involve protecting against adversarial trading or
undesirable market events resulting from specific contract terms becoming public. Meaningful confidentiality in on-chain financial instruments must extend to
transactions, oracle queries, and oracle reports

Looks like this is essentially offering a subsect layer of privacy to what chainlink is trying to offer to the market.

>>15477881
I fucked that one up, I can't see shit in these tiny ass boxes so you'll have to deal with a spelling mistake or two

>We also avoid the use of trusted execution environments (TEEs) in Mixicles.
>TEEs can deliver strong confidentiality and high performance, but introduce trust assumptions some users prefer to avoid given recently demonstrated vulnerabilities

This is fucking gold.
More privacy/security/trustlesness features that explicitly avoid previous key features like TEEs.
One of my fears was precisely that they were going to have to rely "too" heavily on TEEs.
Chainlink is on fucking fire.

>>15477818
Oh wow...

200 TRILLION
NOLINKERS BTFO

Since the pathetic discord trannies are in full force today I'm going to dump every part of the whitepaper explicitly calling Chainlink out by name.

"Our Mixicle design goals are simplicity and efficiency, as well as compatibility
with the Chainlink network and its accountability features, i.e., ability to monitor
and enforce correct oracle behavior"

"We have implemented a SIMI-PPS Mixicle prototype smart contract for Ethereum in
Solidity using Chainlink’s SDK. Thanks to the intentional simplicity of our protocol,
the contract consists of only 188 lines of code (excluding comments), making it easy
to audit. (We would like to emphasize, however, that this prototype has not been
audited and should not be used in production as is.) Furthermore, the gas cost of
running the contract is moderate even though the contract has not been optimized."

"Whenever a new round is being set up, the example contract makes a call to
the Chainlink oracle contract to request delivery of data and pays the oracle
in Chainlink’s LINK tokens. Users are expected to have funded the example
contract with an appropriate amount of tokens. (As we mention in Section 3.4,
we have chosen for simplicity to omit payments to oracles from protocol descriptions in this paper.)"

"Due to limitations of previous versions of the Ethereum Virtual Machine, Chainlink currently only allows oracles to deliver a 32 byte response payload. Therefore, in our prototype the oracle only delivers a tag value, but no player signatures, allowing a malicious oracle to report an invalid tag for which the players
haven’t agreed on a payout slate. We note that this attack is likely not too
relevant in practice, since the oracle can already mount a more powerful attack
by reporting a false outcome."

"We look forward to including these ideas and more in later versions of this paper
and/or follow-up work, and welcome corrections and comments from the Chainlink
community as we refine the early work presented here."

>>15477897
On fire? Like dumpster fire or rocket to the stars fire

>>15477947
This is insanely bullish, here's another link to the PDF in case the other person who posted it deletes their comment

https://chain.link/mixicles.pdf

Did I make it yet?

>>15477738
ITS ALL SO FUCKING TIRESOME

>>15477738
Now just somebody tell me how bullish is this? brainlet here

>>15477959
>tfw the market is full of retards and the price never reflects the value of this insanely ground breaking tech

>>15477984
No cow unfucked.

I TOLD YOU ALL TO BOUGHT THE DIP

CHAAAAINLIIIINK

1000
0
0
0

EOY
O
Y

>>15477973
Sad it wasn't a chainlink killer but working together with chainlink?

>>15477950
One of Chainlink's biggest power moves was acquiring TownCrier (headed by Ari Juels); which revolved around TEEs (SGX more specifically).
Now Chainlink and Ari Juels just dropped a whole new elaborate system for adding privacy/security/trustlesness smart contracts (and oracles), explicitly sidestepping TEEs.

It's an amazing move.

>>15477738
If any of you fucking idiots had half a brain you would realize this is why money skelly hates money belly
Ethereum is literally unironically the chainlink transfer network from here on out

>>15477984
It is a system of derivative management for the finance industry using chainlink oracles.

You tell me Anon, derivative markets are measured in the quadrillions.

>>15477787
Kek it's real

>>15477835
nice

>>15478000
They'll all have to bend the knee eventually, you either embrace new technology or it runs you over.

The worst part is that people will just say "a bunch of nerds just got lucky!". God I hate medium IQ normies. Low IQ people are alright, but the smug 110 know it all types are insufferable.

>>15478022
This.

Chainlink had the oracle and TEE (SGX) markets both cornered, and now they're taking the next logical step: dominating the DeFi market (which will logically run almost exclusively on smart contracts).

>>15477849
Nope.

Enigma is essentially useless now? I wonder how different the tech is from eachother. Anyone have any insights on this compared to enigma?

>>15478016
So they just gave ari Jules a free check then? They must have been developing this for a while now. I wonder what the hack door deal was

>>15477776
TIS WEBM NEEDS A SOUNDTRACK!
https://www.youtube.com/watch?v=dbAQ3DhT9u8

>>15478052
Tbh I’m not even smart and need to be spoon fed, but I know when smarter people then i believe in and get behind something.

>>15477984
Considering it literally says it will be supplying security for a 200 trillion dollar industry to be able to utilize the chainlink network I'm starting to unironically think 1k eoy was fud. If this paper is correct and all goes well why even sell?

Is this actually real? I'm getting pranked right now, right? There's no way I'm going to be a millionaire from this, yet the math is right there.

>>15477738
>>15477746
>Mixicles
>not going with Aricles

We proposeDECO(short for decentralized oracle) to addressthe above problems.DECOallows users to prove that a pieceof data accessed via TLS came from a particular website andoptionally prove statements about such data in zero-knowledge
>>/biz/thread/S15438063 but explicitly without TEE, here we go lads

Great timing on the DeFi whitepaper, boys

>>15478078
This is our timeline now fren.

>>15478078
This. People are braindead... this is fucking huge

Holy fucking shit this is big, why isnt it pumping?

>>15478108
Because it is not called google

>>15478108
Pic related sergey just dumped on us.

>>15478022
I can’t wait to see them on stage together this fucking month.

>>15478077
The absolute worst case scenario is you lose thousands of dollars for the single most likely shot at millions of dollars in your lifetime. I don't know if I'm a very smart person either, I just dislike the mentality of dismissing something without actually learning about it beforehand. That mentality is what most normal people believe, and I am of the believe that even if you're unintelligent having an open mind and willing to learn is far more important.

IQ dictates the rate at which you learn, but complacency is the true killer. That's why you see unintelligent people still become self made millionaires. I believe in you anon

>>15478108
Unfortunately anything legitimately world changing takes a long time to actually be developed. What we're witnessing is another stepping stone, but it's one of those things where most people won't realize how huge this was until after it's already implemented. Even then most people won't be able to comprehend it, equate it to talking to a boomer about backend programming for their favorite app.

>>15478078
You just got in nulinker? Enjoy the ride. 1K EoY was from last year when people expected mainnet to release in December.

>>15478139
>>15478143
>>15478149
>>15478150

Actually its not pumping because not a single news site has covered this. Probably when they will it will start slowly pumping...

>>15478158
This guy fucks

>>15478158
Keep dreaming moon boi

Why is this huge, IF this could be offered by Intel SGX?

Does this lower the bar for more oracle ndoes to provide privacy?

explain fror a brainlet pleas

>buy TownCrier to finance Deco
>Have TEE and secure non TEE smart contracts

>>15478158
No wait till the twitter shills post screen caps

>>15478060
>So they just gave ari Jules a free check then?
No, TEEs (SGX) didn't lose a single shred of importance.

Look at it this way: the TEE building used to be the tallest building in Chainlink city, but they just got overtaken by a newer, taller building: Mixicles.
The TEE building is still just as tall as before, but it's no longer 'the tallest'.
And the result is that the Chainlink skyline is now that much more impressive.

I'm not good at short term price predictions but if you anons want me opinion for what it's worth this wasn't some big fuck you announcement like Google, Amazon, etc. But It's still massive and I think it will cause a slow short term rise from here

>>15478158
beat me to it lol. Whenever there's actual bullish news the sell the news niggers can't put two and two together but over time people realize the importance causing the slow rise in price. But that's just my theory

>>15478185
Why?
Who will be running TEEs instead of "using Mixicles"?

Steve officially BTFO Vitalik as the new big brain

PAMP IT!

>>15478078
people have been calling this exact scenario playing out for two years and here we are, happening as expected...pretty tite

>>15478193
The entire point is to have options.

>>15478185
It’s still chainlink city just another addition to the infrastructure/city. Great analogy thanks.

mixicles ... AaaaHAHAHAHAa.... so fucking dumb.

>>15478193
TEEs will still be needed for IoT use cases mixicles only relevant for simple contracts like defi

>>15478185
Comfy explanation anon, thanks

>>15478193
TEE will be less expensive

>>15478057
This anon gets it

>>15478057
underrated

>>15477738
We demonstrate how to build a blockchain-dapp that can track funds
and use that to build new trustless, decentralized (de-facto, on-chain) financial instruments with no need to trade between coins or between
individuals.
Our work includes:
The proof-of-concept Mixicle (mixing and storing digital "money"). This instrument gives
a new meaning to the name, Mixicle, when used by individuals.
The proof-of-concept Mixicle (mixing and storing digital "money"). This instrument gives a new meaning to the name, Mixicle, when used by individuals. A DeFeo (DeFeo is a cryptocurrency that uses DeFeo Protocol to enable peer-to-peer financial systems.) DeFeo: Using DeFeo protocol, it can be deployed on the blockchain. It doesn't require any particular software to run. It enables a new class of financial instruments

we moonin now bois

MOOOOOON

>>15478057
>Anyone have any insights on this compared to enigma?
We're still reading, but it's obvious this is massive.

This is a good description: >>15478035
>It is a system of derivative management for the finance industry using chainlink oracles.

>>15477738
holy shit are they going to show any progress at all? why do we just keep getting blog posts? wtff

>>15477738
except it's literally dumping right now. target: 777 sats

Hope restored

CRUMB ... OVER... LOAD.
COMMENCE ... DISPENSING .. OF ... CUM

>Mixicles ingest input payments from two or more parties and yield payouts
that are conditioned on oracle reports. They are designed to provide privacy for
both the terms and outcomes of the financial instruments they execute.

Oh fuck, is this why REN is tanking lately?

>>15478327
Thats all you ever will get. Enjoy the dump to sub 1 nigger faggots.

>>15477738
Awesome. This is better than I was expecting. Hats off to the team.

>>15477884

In other words, not anonymous, meaning not fully private.

>>15477738
$10000 EOY confirmed by the devs

30 million dollar tech company which suppose to lead us to the "4th industrial revolution" calls product MIXICLES .... AHAHAHAHAHHAHAHAHAHAHAHAHHA OOHOHOHOHHO ... Tells something about the IQ level if the link army... OOOOOOOOOOOO MIXICLES is shit. This annoucnement was shit. Price diving ...

>>15478388
Checked and keked, even the devs say that 1000 EOY is fud now... the real EOY price was 1500 all this time.

>>15478377
Privacy is one of the key words in this paper.
But in any case, it seems the target audience for this product is legacy finance (derivatives etc.) where you're never going to be anonymous anyway (for now).

>>15477760

>>15478405

Because Google isn’t a weird name at all

Here's the real redpill: Chainlink is a ponzi scheme, but it will be the biggest ponzi scheme the world has ever seen, bigger then the Federal reserve printing money, bigger then the wageslave ponzi, it will literally be the biggest ponzi ever. Smart contracts will be used for Chain link derivatives, chainlink nodes, and the majority of capital transfers will be done using chainlink. The ponzi probably wont collapse in my lifetime, either way my sell price is set at 350 trillion marketcap for chainlink, once that price is reached I will sell because I am overall bearish on this ponzi, even if i admit that 1k eoy is fud

That paper alone just shows how Chainlink is on a whole different trajectory to the rest of the space. The resources (human and financial) that went into that alone tells a lot.

Pretty great to just sit here and watch all this.

>>15478485
seriously kys

when will this actually come true? why do they keep coming out with blogposts? ITS BEEN YEARS NOW

>>15478487
you are a retard if you think chainlink can ever become 350k a token please shut the heck up you inbred tard

Who else is ready to MIX IT UP!!!!

>>15478487
I see currently a head and shoulders forming for link. Might be bearish for now until I can open a position .

>>15478405
>>15478227
>>15478405

Dis dude created these memes within an hour the whitepaper for deco and mixicles got released. Make of that what you will

>>15478503
400k. 350k is reddit fud.

Okay the deco.works is cool. The possibilities of this are endless.

>>15478530
Also thought the same thing, really gets the knoggin joggin

>>15478503
You are the retayard lol, he doesn’t know.

>>15477778
DYOR you brand-off nigger

>>15478499

This

>>15478492
this
Acquiring TC was one thing, but this is on a whole new level.

>>15478377
>Auditability: Mixicles enforce confidentiality as described, but are designed to
facilitate transparency to third parties where appropriate
It can only be audited if you give permission for it to be audited.

>>15478503
It's Fundamentally based mixicle tokenomics, cringe boomer FUD

>>15478022
>money skelly hates money belly
thanks for the keks

>>15478388
Checked. Holy All Father please, I don't need to be uber rich but we are going to make it aren't we? I just want to give my fiancé and future family a place to live away from the city and get married. Please oh Lord

>>15478388
meme-ing aside what does this image actually mean

>>15478625
it's a payout diagram for a call option with a strike price of $1500 and a premium
of $700.

>>15478625
>>15478633
Yeah I just read it, they’re referring to GOOGL

>>15478185
Say it with me bros:
>DEFENSE
>IN
>DEPTH

>>15478078
How big is your stack?

>>15477738
Dicksicles?

>check the price
>still sub $2

that's gonna be a yikes from me brother. fucking req tier blog posts trying to pump the price.

>>15477776
He cute.

>>15478724
Go spam some muah 700k peanuts threads

>>15478702
Only 10K

>>15477973
TWO
YEARS

>>15478740
I don't need to spam, everyone already knows sergey will dump if it rises again.

keep jerking over "muh tech" tho which nobody gives a fuck about

HAHAHAHAHA ITS SHIT!!!!!!!! ITS ONE BIG OTHING BURGER!!!!!!!!!!!! ITS LITERALLY NOTHING!!!!!

>>15478764
Most people never care about technology until it either benefits them or removes their jobs from existence.

>>15478057
oOF. TOR IS SEETHING RIGHT NOW

>>15478185
It is growing just like those chinese ghost cities.
Their buildings are used to pump fake stats so the chinks can dump cheap shit on the markets.
Sergey just printed a 40+ page buzzword fiction and dumping his bags on your poor asses.
Fuck, you really deserve to get rekt and wage till you die.
Wage !

>"Powerful new oracle technology"
>-3.79%

>>15478764
Thanks for warning me oh friendly anon caring so much about my financial wellbeing. Sold all thanks to you oh friendly never Linker

>>15478833
>link/btc charts

>>15477746
Any guesses on what the testnet mixicles will be called

>>15478907
Family Juels.

>>15477738
How the fuck is this not a discord larp? Mixicles? Gayest shit I’ve ever heard

>>15478907
Testicles

>>15477738
>mixicles
LMAO

>>15478945
nice

>>15477746
MYTISTICLES REEEEEEEEEEEEEEE

>>15477941
>water melons
is Jason a nigger? after all this time... just sold 100k

>>15478833
>link/btc

>>15477738

¡¡¡¡que viva los MEXICALES!!!!

>>15478530
imagine how interesting your life needs to be

the sad part is that he prob owns link, and is just neeting away waiting for $1k eoy

>>15478921
Kek

>>15478540
Stopped reading at she's over 18

What is mixicle?

>>15479194
This. The clock is ticking

>>15478764
Imagine you have to take a massive dump right now and Sergei happens to be there. His problem is anon holds his share. He can take the biggest shit ever and there are still enough toilets open to do the same thing. He can't shit without someone else ruining it for him as a group. The stink would override his massive dump and he'd be left in a shitty stall wondering what the fuck just happened.

>>15477950
>On fire? Like dumpster fire or rocket to the stars fire
It's a dumpster fire to the moon

AHAHAHAHA

LINK IS DONE. HOLY SHIT. ITS AN UNREGISTERED SECURITY AHAHAHAA OOOOHHHHH NONONONO

Unfortunately there are only two ways we will really moon. One is from speculative money moving from BTC into promising alts following a massive runup. Inb4 margin trading is a better hedge, anyone with a half a brain who isnt a gambling addict or knows they cant manipulate the btc market in their own favor will be hedging with alts.

The other is that we have an ETH-like runup due to scarcity from mainstream exposure leading to use, compounded by scarcity from staking. Reminder that ETH’s runup wasnt actually just a speculative pump— it was actually real use of Ether in order to purchase ICO tokens. The speculative aspect was the enthusiasm for ICOs which required people to buy up ETH in vast quantities in order to purchase tokens from companies. For anyone wondering why eth wont rebound, its because those companies sold all that eth for fiat or btc a long time ago. There is no more scarcity.

>>/biz/thread/S15438063

It cost $ 20 million

>>15479524
Nice source lmao

Simple Private Decentralized Frozen Cocksicles

>>15479550
He was right though and leaked info a week before the announcement. Clearly an insider.

>>15479391
this

>>15479504
>moving from BTC into promising alts
>muh promising alts
>promising
>alts

>>15477738

>>15479568
>He was right
Proofs?

>leaked info a week before the announcement
He "leaked" it a day after IC3 tweeted about today's announcement.

>>15479524
Man.

It wasn't Sergey dumping on neet's it was Ari getting his fair share of our 1k eoy. Good for him if he really helps us get to the promised land.

>>15479633
He was just doing a “cryptic” message with combination of things that was already known
Really prophetic lol

>>15479704
Holy fukk.

>>15477894
a literal boomer

>>15478022
>If any of you fucking idiots had half a brain you would realize this is why money skelly hates money belly

yep, but it goes deeper than chainlink, anon.

2:25 mins into this:
>https://www.youtube.com/watch?v=niVodrtLWgM

>Shitalik Buterin: Oddly enough, I did actually did look into some of the NXT specs and they have turing complete scripting language as one of their wish list features.
>So, good luck to you guys on that.

>from the video transcript here:
>http://prisonorfreedom.com/what-is-the-difference-between-ethereum-vs-nxt-or-any-other-alt-coin/

note the way he says the last line in the video.

also this: https://twitter.com/vitalikbuterin/status/581843910512754688

TL;DR vitalik's ethereum beat sergey's NXT to be the base layer for decentralised smart contracts, but sergey got his own back by creating the standard for decentralised oracles with a focus on servicing big capitalist corporations instead of feeding data to commie-libertarian crypto kitty ponzi's.

bonus: about 22 or so mins into this podcast ari juels shits on maker dao and gives a balanced view on libra.
https://knowledge.wharton.upenn.edu/article/facebook-cryptocurrency-libra/

>>15479876
>bonus: about 22 or so mins into this podcast ari juels shits on maker dao and gives a balanced view on libra.

*i meant 13:25 for ari shitting on makerdao, and the rest of the podcast is a pretty fair commentary on libra

>>15479876
keep going

>>15479876
>TL;DR vitalik's ethereum beat sergey's NXT to be the base layer for decentralised smart contracts, but sergey got his own back by creating the standard for decentralised oracles with a focus on servicing big capitalist corporations instead of feeding data to commie-libertarian crypto kitty ponzi’s.
this, the big boys were never supposed to run the crypto show, that was the whole point
it’s clear we’re all gonna make it, just a matter of when and how much money we are going to have.

>insanely bullish whitepaper that says Chainlink powered smartcontracts are being developed specifically for derivative trading.
>Zero price action
>mfw

>>15479952
What part of “long term hold” do you not understand?

>>15479952
there's a post on /r/cc now. everyone should go upvote it

>>15478377
Yes but banks and other FIs would not be comfortable dealing with unknown counterparties due to AML issues and potential fines. And this is aimed at them so I'm quite happy with it.

how long will it take normies to catch up? post your guesses! my guess is at least a year

>>15479979
downvoted

>>15478921

>>15480041
Where we're going, we don't need normies

>>15480041
Pioneers will be aware of it in six months. People with actual power will become aware of it in a year. It won't filter down to the "normie zeitgeist" until the mid-2020s even as it puts a fuckton of them out of work.

>>15478052
2019 biz is almost exclusively 110 IQ know-it-alls except less normies and way more unemployed virgins

>>15479979
>there's a post on /r/cc now. everyone should go upvote it
Nulinkers s m h

>>15479979
downvoted, thanks for the update.

>>15479876
you do realize both the people on that podcast are Those people shilling banker stuff? "balanced" kek. talking about "banking the unbanked" which is lingo for creating billions of new debtslaves (and dumping you).

sure, we're gonna be rich off of it, sure, vitalik is stupid for not realizing this would happen, but i'd support maker over libra any fucking day and so should you. libra =/= link

>>15479979
KYS

>>15480041
please go back to redit

Municipal Marmalade Makes Magnificent Mixicles Margaritas.

>>15479945

remember when shitalik said "oracles are great but i dont know why they are worth 32 million" and all the times he's purposefully neglected to name chainlink when talking about oracles? now we laugh, because it's real clear that sergey of nazarov got the ultimate one-up on him by launching *the* oracle standard for corporations on his pozzchain. ponzi skelly forever cucked by money belly.


>>15479946
>this, the big boys were never supposed to run the crypto show, that was the whole point

at this point i'm sure shitalik keeps delaying eth 2.0 because he hates all of the corps that use/want to use ethereum as the basis for their blockchain solutions.

>Overall, Gray said he sees the public ethereum blockchain as a key component of its vision, as evidenced by its plan to enable a collaborative environment on Azure. He noted that access to quality developers remains an issue for enterprise industries, and that by fueling efforts with resources from ethereum’s developer pool, more progress could be made.

>“We want to contribute to help them achieve that, but we’re providing higher level services,” he explained.

>He added that Microsoft will also require the participation and interest of ethereum’s community as well should it want efforts like Bletchley to succeed, concluding:

>“We need them to work with the community to improve public ethereum performance, to nudge them into enterprise.”

from here:

https://www.coindesk.com/microsoft-blechley-v1-ethereum-blockchain-template

>>15480105
>but i'd support maker over libra any fucking day and so should you. libra =/= link

well, personally i'd rather support reserve over maker. cats out of the bag now anyway, if it isn't libra it'll be google coin, or jpmcoin, or who knows what else. since libra uses chainlink i'll support the one that makes me fuckin rich.

>>15477835
I just got a woodie

>>15479964
Been holding since Ico dude.

>>15479952
there is near zero normie money left in crypto anymore. they left in early 2018 and are never coming back. the only thing that can pump LINK any higher from here is real world adoption or a marketwide bull run (which isn't happening).

>>15480310
>he thinks normies won't fall for the get rich quick scheme twice

>>15479368
>It's a dumpster fire to the moon
I don't want it any other way.

>>15480311
Holy fuck why isn't there a thread about this?

>>15480319
there will never be a shitcoin run like 2017 again. regulators are clamping down hard on crypto to protect the dummies from getting justed again, just like they do after every bubble. without massive amounts of insider trading, organized pnd groups, and other forms of blatant market manipulation 2017 would have never even happened.

put me into this historical thread
i want to be remembered for something once in my miserable life

>>15480311
hhhnnnnnnnnnnngggg

>>15477738
it’s a scam

>>15480405
Go outside, stretch then breathe in. Then out.

>>15478081
>Aricles
Kek

>>15478499
revolutionizing the finance industry takes years.

>>15480311

>>15478764
retards like yourself don't care about tech until it is too late, and this is the reason you will be eternally a wageslave

So will I make it with 2.4k link?

>>15480666
checked

>>15477738
So, it's sharding for smart contracts with tangible benefits in terms of privacy, oracle bootstrapping and auditability? Is there any reason you couldn't use an analagous mechanism to shard ETH itself and kill all the ""ETH killers""?

>>15480311
This is so fucking bullish
We are going back to $3 soon I can feel it, bros

>>15479504
Interesting, I agree with this post. I think scarcity is different for LINK though, as they're actually required to use the network.

>>15480666
Let's say I care about the Tech. Watch all the Aantrop videos explaining Bitcoin. Enrolled in an online university to obtain a computer science understanding. (I know I won't ever get a job with that degree but I give me structure and helps me with discipline.

What more can I do? The degree is going to take a while.

>>15477738
>Run your juels

>>15480711
Read the whitepaper

>>15480737
I kinda thought that was implied but OK.

>>15480068
Hearty keks will be had as an entire industry of lazy normies are put out of work while we get insanely rich

>>15480755
Nice of them to give bagholders a shoutout

>>15479979
Done the needful, downboated. Also go back and kys

>>15478487
>>15478503

>>15480843
> 2027
I love the math but this timeline is wack

>>15480909
could be true, this shit doesn't happen overnight

>>15480909
>>15480933
The 2027 date comes from the "10% of global GDP will be on the blockchain by 2027" in Klaus Scwab's book. Pic related.

Guess what they wanted to write instead of tesla

>>15480909
I’d say 2021

>>15479704
Brainlet here, is DECO not a completely different protocol/competitor to LINK?

>>15479979
so the top two are obviously /biz/raelis but the bottom one, I genuinely can't tell. It's about dumb enough to be genuine.

https://twitter.com/awrigh01
And OpenLaw delivers as well

>>15480993
US gov node

>>15480976
>>15480993
how long till Sergey is put in jail?

>>15480843
>2027
what is the point of being rich if your youth has passed you by

I am consistently astounded at how readily people will just give away their money to known scams, and then celebrate and extol the virtue of the scam-artists who are defrauding them.

>>15480380
I got you in my screen cap anon

>>15480711
I'm not sure I'm correct but I would say the one major thing you're missing is time in market. You shouldn't underestimate the importance of having a feel for the markets overall.
I don't know what you should do. It is incredibly difficult to find "the golden goose". When anime-chan posted the LINK presale contribution address, I thought it was a pretty good project but I would never have imagined the level of development we are at now. I've probably only become certain of LINK succeeding in the last 6 months or so out of the years I've held. I can't claim that I totally understand every bit of tech and every line of code but I can say that in my opinion anyway, I'm pretty good at looking at projects in the aggregate which includes many different tangible and non-tangible metrics. My conclusion is that LINK is the logical evolution of blockchain technology, and I'm invested accordingly.
In case anyone wants to ask about other projects, I haven't seriously looked at anything other than LINK since the ICO other than Ampleforth recently which is interesting, but I'm unsure of the value proposition.
Identify a major problem for blockchain tech adoption, find the project that is solving it, do your research, and invest heavily once you're confident in your choice.

>>15480368
because /biz/ is dead

>>15477869
Holy shit! CDM likely using Chainlink!!

>>15481044
to buy a private island to fuck prime pussy

and to drive loud cars

>>15479586

Oh shit man, you're right. None of the institutional involvement in any of non-btc projects, namely link, is warranted. You should tell them! Make sure that investors who believe in the multi-billion mcap projects know what you do, and pull their money out! Thank god you arrived on the scene!

>>15480698
Yeah I think the staking with LINK will create a ton of scarcity. Only when that's really underway will we see a big runup.

>>15478071
Nothing remotely akin to that semblance of music will be played at the yacht party

>>15481108
There are no serious investors or institutional money in Chainlink. It's just a bunch of fools, like you.

>>15481139
https://www.youtube.com/watch?v=QL3Rj9IT4Mc

The correct theme, if not the correct genre, of the yatch party.

>>15480755
>useless funding token
Trannies, again, btfo

>>15478388
Holy shit they even included 700 as a number, these niggers know how to meme magick

>>15481044
To know your family will be secure
Sorry, im old

>>15481044
no matter how old you are, teenage girls are always the same age

>We change the ‘a’ of “oracle” to an ‘i’ for euphony and visual appeal.
lelelel
footnote 1 though, that's some good news

>>15481151
pic related from the chainlink website

Bullish buy $LINK LINK $5.00!

>>15481228
You are no different then Epstein you stupid fuck

>>15481049
are you insinuating that ari juels is a scam artist? the guy who invented proof of work in 1999? how many HRT shots have you taken today?

Today is the day of the 7

>>15479952
It’s all so tiresome.

So non of you /biz/ link marines actually talked about the tech. Who will use SGX/TEE now? TC a nothing burger and sergey was duped to buy a piece of code that turned into garbage ? So mixicles is the answer- securely grab certain data without seeing the rest of data- explain to a half a brainlet.

>>15481552
>APPENDIX C Trusted Execution Environments (TEEs)
>If Alice and Bob are willing to trust a trusted execution environment (TEE) such as
Intel SGX to enforce correctness and confidentiality, it is easy and simple to construct
a powerful Mixicle. Indeed, TEEs have been proposed for a number of blockchain
protocols
>Consider the following example, with SIMI modified so that O runs in a TEE (enclave). Alice and Bob send input funds to M. They send P0 and P1, along with a specification of switch, to O. O then evaluates switch(x) off chain, and directs M to send input funds to Pswitch(x). An outside observer only sees O direct funds to a
fresh, random address—nothing more. Alternatively, O could just take Alice and Bob’s funds in custody on chain and execute M entirely off chain, subsequently routing funds to the right player on chain. In this case, O is implementing a private contract. In both cases, realizing O as a TEE ensures the same confidentiality and integrity properties as SIMI, plus privacy for switch (although the operator of O could see which servers O interacts with). The first variant could be implemented using Chainlink/ IC3’s Town Crier system [91]. The second, private contract variant is a clear use case for Ekiden [25], which could execute the contract entirely off-chain in a trusted manner. Trusted hardware is imperfect, of course. Serious attacks against SGX have come to light involving controlled channels, shared cache, and speculative execution, e.g., [15, 50, 56, 85, 90]. Some users may therefore feel uncomfortable using TEEs. It is for this reason that we designed Mixicles without a reliance on TEEs.

An interesting direction to consider is use of TEEs for correctness, but not confidentiality, as in the Sealed-Glass Proof model of [83].

>rtfm

>>15480372
>>15480319
Idk about that. I hopped on coinbase in 2013 when btc reached 1k and forgot about my account until 2017 when i bought ltc, made decent gains, then shat it all away on REQ and FUN. Now I check charts and /biz/ literally dozens of times a day for like 2 years now.

>>15481585
Explain desu. I can copy and paste too but unfortunately my brain can’t digest that messy poop.

>>15478071
nigger tier fuck you

>>15481151

Nice, how do you know?

>>15481151

Also ever heard of Oracle?

>>15481216
I'm only 28 and that is a life goal

>>15477861
Criminally underrated

>>15480959
Kek. I noticed that too.
Subtle hint to Chainlink $1000 Eoy and Chainlink flippening eth

>>15480380
i feel dat

>>15481228
Thankyou Matthew McConahy

lmao

>>15477738
Comfy thread

>>15480973
LINK is the network
All these new technologies for oracles will be available via the chainlink network

based

>>15481907
Is there an actual chainlink node?

>>15477776
GODDAMN ALMOST BRUH

>>15480959
>1k at time T
Nice meme

>>15477777

>>15477738
Dicksikls

>>15477738
wow another buzzword, nice just bought 100k

What is Sergey/CL and Ari/IC3 connection. How far back do they go. What’s is their relationship and what’s the ultimate goal ?

>>15480959
>Peak NYC temp in 2025 exceeds 120F
What did Ari mean by this

>>15481953
>>15477777

>>15477861
Underrated

>>15478907
kek

>>15478388
Dubs of truth 10k eoy

>>15478081
Topkek

>>15481071
stop jacking yourself off you pseud

>>15478178
Underrated

>>15480041
Around 2025 it because mainstream as in the general public are aware like they are btc but they’ll never understand it like they don’t bitcoin

>>15479704
>OwenWilsonWhoa.jpg

So looks like the Maker people running DAI have also been developing oracles for years and are now far more integrated than Chainlink.

>https://blog.makerdao.com/introducing-oracles-v2-and-defi-feeds/

This is worrying.

>>15482535
no shit. Literally nobody is using Chainlink (because no one needs KYC oracles). The partners are not using it. It was a P&D, nothing more

>>15477738
DR;NS

>>15480755
>not enough decimals
Found a problem

>>15482535


Its obvious that the current implementation of Maker’s oracles represents the largest ongoing security risk to the platform itself.

As Maker adds new assets, as the assets locked in the contracts increase, as new data sources need to be incorporated, as old data sources need to be deprecated, and as data feeds need to be re-weighted, the risk of oracles being compromised increases.

At $300m in assets locked by crypto users with one collateral asset, the market has said the current level of oracle security/centralization is fine. In a scenario with $1bn in assets locked, with multiple types of asset collateral, or when Maker tries to bring institutions on to the platform, this level of centralization will likely be deemed unacceptable, hindering adoption.

Ultimately, Maker’s oracles need to be secure and flexible enough to provide reliable data over the lifetime of the platform, and are the only security threat that increases in risk as the platform scales. It is obvious that the current architecture cannot scale and is at risk.

>>15482535
next you'll find out about Augur. Are you new or something?

I don't understand all the baseless, relentless FUDing. Is it really making the price cheaper. Don't you want others to succeed?

We’re gonna be super rich or this is all just a Jewish trick.

>>15482774
Anons are the new Jews.

>>15482145
they go back to being apart of the team that created bitcoin, they are both formerly mentees of mr. finney and possibly/likely mr. Szabo. The ultimate goal is an actual God Protocol.

>>15478921
based anon

Seriously I enjoy the efforts to FUD. People already understand that this means a lot of new retards are interested in this project.

> Sincerely an OG

>>15482963
i need some green dildos please im not excited by graphs with red lines

>>15478388
Green dubs
Kek confirms

>>15482738
there's no fud, the team owns 65% of the supply and is aggressively dumping. It literally cannot go above $2 unless the team stops selling, and they won't until they've each cashed out $100mil

Those are the facts, if you still hold link, you are a literal retard

>>15482902
Relaxed because I'm comfy with my stack

>>15483006
Boring fud spreading is boring. But thanks friendly never linker, glad you took time out of your busy day to warn the poor stupid anons to sell their stinkirs asap. What would we do without you oh great never linker

>>15482815
I am the jew now.

Hello future me. If I see this again I guess you’re a lot better off now lol.

>>15483055
same

my name is tom

>>15482359
Not a pseud if I'm right, and I am.

>>15483125
?

>>15483125
Hi Tom, I'm Sergey

>>15477787
this is embarrassing.
Literally running code on trusted servers. These ideas are way older than even the idea of a consensus protocol.
Completely worthless, apparently designed only to generate hype.

1k is fud. My name is Chris and I am going to be a millionaire.

>>15478057
I dont't think that Enigma is focusing on finance. It's more like a general privacy solution. REN is focusing on finance i think

summary of the protocol:
1. users generate pseudonymous identitites
2. users transfers data to the server
3. the server computes the result
4. the only way to ensure the computation was correct is to make the entire computation public

This paper is a scam. A scam designed to work on brainlets that don't realize they are brainlets and think it's a genius invention because the paper looks complicated to them.

>>15477787
>https://chain.link/mixicles.pdf
summary of the protocol:
1. users generate pseudonymous identities
2. users transfer data to the server
3. the server computes the result
4. the only way to ensure the computation was correct is to make the entire computation public

This paper is a scam. A scam designed to work on brainlets that don't realize they are brainlets and think it's a genius invention because the paper looks complicated to them.

>acquire Towncrier cuz muh TEEs
>decide not to use them anyway
Never change Sergei

>>15483325
*yawn* it's all so tiresome. Go do something productive.

>>15483325
Can someone break that down into English.

>>15483312
3.1 Confidentiality

>>15483340
In English, >>15483325 ignores the section of the paper that addresses his concern, because he has not dilated his pussyhole today, and it is swelling and sore.

Requesting Sent meme about yugi and kaiba dueling and at the bottom says some pajeety thing along the lines of "buy now big returns"

>>15483366
Why is /pol/ always right

>>15483340
I already did that.
Using symbols like pi is part of the intentional obfuscation.
>If O provides an incorrect reports, i.e., one that is inconsistent with switch, then either Alice or Bob can reveal terms, signed by O, to an auditor, which can then confirm the discrepancy
this is page 13.
yes, the whole idea is really that fucking stupid.
Use a server to execute something, and the only way to verify correctness is to have an auditor that sees everything.
You could execute this protocol before computers even existed.

I can explain those "payment slates" with scary-looking pi.
Imagine you want to sell bread for wine, but you want to hide the fact it's about bread and wine.
You agree with the other party to replace bread with 'X' and wine with 'Y' in the contract. You both sign the note stating the replacement elsewhere, to be used in case of attempted fraud.
This is literally it, the idea that's described (among others) on the screenshoted part.

Whoever wrote this is intentionally making fun of the dumb reader.

>>15483357
Baste

>>15483428
Yea, so oracles are incentivized to provide the correct information or their bad actor behavior will be revealed on-chain if they try and fuck with providing bad data for private smart contracts. This is very bullish.

>>15478081

>>15483489
Your description isn't correct, because the paper proposes an "auditor" instead - in a funny attempt to make the computation secret.

However, what you wrote is a correct description of fraud-proof based layer2, like TrueBit.
https://truebit.io/
This is a very, very old idea.

>>15483525

>>15483525
>who invented the light bulb
>who made it popular
Not the same things.

>>15483577
What the fuck does this mean???

>>15483606
The whole point of today's posts
https://arxiv.org/pdf/1909.00938.pdf
>Thanks to the widespread deployment of TLS, users can access private data over channels with end-to-end confidentiality and integrity. What they cannot do, however, is prove to third parties the provenance of such data, i.e., that it genuinely came from a particular website. Existing approaches either introduce undesirable trust assumptions or require serverside modifications. As a result, the value of users’ private data is locked up in its point of origin. Users cannot export their data with preserved integrity to other applications without help and permission from the current data holder. Even the value of public date on the web cannot be fully realized as there is no secure way to relay it to systems without network connections, such as smart contracts. We propose DECO (short for decentralized oracle) to address the above problems. DECO allows users to prove that a piece of data accessed via TLS came from a particular website and optionally prove statements about such data in zero-knowledge, keeping the data itself secret. DECO is the first such system that works without trusted hardware or server-side modifications. DECO can liberate data from centralized web-service silos, making it accessible to a rich spectrum of applications. To demonstrate the power of DECO, we implement three applications that are hard to achieve without it: a private financial instrument using smart contracts, converting legacy credentials to anonymous credentials, and verifiable claims against price discrimination

>>15483596
they haven't made it popular though. So they've done nothing since they also did not invent it. 0.60 EOY

>>15483577
kek do you think that's somehow related?

Basically, a second server is used a proxy for a ssl connection.
Because of this, it knows the encrypted content came from the site.
The "(Proof)" part generates a zero knowledge cryptographic proof that some specific data was contained in a particular encrypted ssl connection without revealing anything else.
https://tlsnotary.org/ is the same idea, but done with zero knowledge, so the server knows what you're proving.

The idea to use zk-snarks is obvious, but the implementation is complex, so if they release the library it's going to nice. I'm sure there's some prior art somewhere, so the patents aren't likely to be enforceable.

Also, deco has literally nothing with common with the "mixicles" paper.
>>15483596
lightning network works based on fraud proofs.

>>15483669
>Also, deco has literally nothing with common with the "mixicles" paper.
k

>>15483682
Did you just search for "deco" and screenshot the first result? What you quoted proves you wrong, as it mentions it as something completely independent.

>>15483669
>https://tlsnotary.org/ is the same idea, but done with zero knowledge, so the server knows what you're proving.
>but done with zero knowledge
should be: but done without zero knowledge

>>15483700
Yes, faggot. Completely independent, published on the same day, by the same people. It's almost like they don't go into detail here because they published a whole second paper to address the points on confidentiality.

>>15483745
>by the same people
Your inability to understand written information is tiring. The only person that's on both papers is Ari Juels. You can notice he's the first on mixicles, but last on DECO. Why? Because he wrote mixicles, and other authors are only tacked-on for other reasons, maybe they reviewed it or provided funding (this one would explain Sergey). He didn't have anything to do with DECO except get used for promotion by the real authors, which is why he is in the last place. That's the norm in all papers, exceptions are rare.

If you ever had anything with research you would know this. Most papers have some well-known name that did nothing, to increase citations and reach. In the worst cases the well-known name demands to be the first just for the privilege of being added as an author, stealing the work in a way. At least Ari Juels isn't such an asshole.

>>15483745

>>15483798
yep you're right, 2 papers that both cite each other published on the same day, completely unrelated groups here. Ari probably has never heard of either mixigals or decos, he's only included for the prestige you're right.

>>15483865
At the end of the day, you're only trying to fool yourselves.
Looks like the last-ditch attempt at pumping the price up with "mixicles" didn't work out.

>>15483887


Guess that means to keep buying before the pump sweetie pie

Why are we not talking about how Chainlink is promoting racemixing?

>tfw you will never get to play with Ari's Juels
God damn that man is a fucking genius. Him and Sergey are going to save the world.

>>15484208
T. Ari Jews
What did you expect?

>>15481397
this basically confirms swift beyond a shadow of a doubt doesn't it?
we knew this from breadcrumbs and the 2017 poc, but here they say they work with swift (not worked), and help connect bank's smart contracts... i think we gun be rich niggas, the problem is that this might be sergey shilling to dump more 700k's

>>15483161
you can get a point across without sounding like a pretentious, narcissistic faggot, is my point.

Will I make it with my 2000 LINK stack?

>>15484281
2 years. priced out.

>>15484283

What do you mean bro?

>>15484300
I mean:
You had two years
Now you are priced out

Would you like me to say it again?

>>15484307

I understand that but it doesn't help to focus on the past. It is what it is now.

My question is will one be able to come close to making it with 2000 LINK stack? I don't need lambos, I just want a comfy life.

>>15484318
You think I have a crystal ball?
Do you think I understand your definition of "coming close to making it" or "comfy life"?
Should I consult an oracle? How would I answer this question for you?

>>15477738

NO ONE IS GOING TO USE PAJEET'S NEW TECHNOLOGY OF SMART SUPER DUPER FANCY GAY FAG ASS CRYPTO ASS COIN.
NO ONE!!!
STOP WASTING YOUR TIME AND MOVE TO STOCKS IF U WANT YOUR CASH TO ACTUALLY DO SOMETHING FOR YOU.

FUCK YOU CRYPTOFAGS!
WHY CANT THERE BE A 4CHAN BOARD ONLY FOR CRYPTO?!