/biz/ - Business & Finance

Listen up newfags, I'm a tcp ip developer at a fortune 50 big data company with 25 years experience in database infosec, I've looked into chainlink and all I can tell you if that the cryptographic measures implemented in regards to the decentralized security paradigm in the API and IoT structure of chainlink's github code is fundamentally flawed after the Pivotal tracker server crashed due to the core attacks on the network enabled by its corrupt data inputs and outputs, what this really means is that by attempting to solve the oracle sybil resistance issue it instead allows customers to bypass the encrypted hardware and even hack into the smart contract Intel SGX mainframe, unless they manage to increase the signatures and scalable nodes, which isn't likely considering the Google backend isn't compatible with the legacy JSON systems and Solidity language from the EVM in the Truffle stacks, that's why the ic3 and SWIFT engineering teams developed the ISO 20220 standards but it's centralized and susceptible to the 51% front running program so yeah basically Sergey didn't foresee that the enterprise customers and cloud blockchain dapps would never allow their protocols to rely on these permissioned host mechanisms thus rendering the LINK ERC 677 token obsolete and no serious developer would consider DLT technology in these conditions, sorry linkies I'm just telling it how it is.

>>15558167
I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit.

>>15558167
onc. agn. fgt. ovr.

Dilate faggots

>>15558167
>I'm a dev
I'm surprised I haven't added this to my filters sooner.

>>15558167
Can you write a none reclusie loop statment to find the next number in the sequence that when squared = the next 5 numbers accounting down to itself?

I.e 5 is entered and you must find 1098765 after x amount of squaring.5

Alright faggots listen up.
I am a Sr. Exec at a big 4 and know more than these faggots ^.

The fundamentals of LINK is fundamentally fool proof. My colleague, well call him JP, is quite the straight shooter and can parse any fundamental code, fundamentally.

He says it’s a sure shot to takeover our existing network that is so deeply embedded that no one ever wants to change.

You’re welcome

There are no lines to read in between you fucking faggot fuck. I'm tired of you gay "Link Marines" shitting all over my board with your crap for the past 2 damn years. You had your pump and your chance to sell but you bagholding retards are so emotionally attached to this unpatented scam ran by a slavshit nigger and a company out of the Cayman Islands along with a hundred other red flags any other sane investor would look over carefully and understand that it is complete fucking bullshit. You retards are investing in a project that's finding a problem for their fucking solution!!!!!! THAT'S NOT HOW IT WORKS YOU RETARDS!!!!!!

I’m an insider programmer and the only safe investment right now is BitCoin SV. I would tell you more but I’m late for my insider business lunch. Screencap this and thank me later.

HTML/CSS architect here. I’ve also read through the white paper and it’s really troubling. I recommend you all sell right now.

>>15558754
This. Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team.

Holy shit this is bullish. Fudsters at full force with old and new pastas. Ive never held chainstink, but im seriously considering buying now

Dude, I was randomly browsing the chainlink slack a few weeks ago and saw the weirdest thing. Sergey and Rory were having a barbecue. Just a barbecue, nothing else. They were eating sausages. And the chatroom was full of people who were tipping left and right. And suddenly someone donated 200 tokens ($20.99) and says 'show pussy pls'. A minute later he donated 500 tokens ($44.99) and says 'show pussy'. 30 seconds later 1000 tokens ($79.99) and 'pussy'. Then, finally, Sergey stood up and flashed his pussy for a second. Then they banned him. What the fuck?

>>15558835
I use that pasta ironically.

Alright faggots, don't listen to these LARP's, here's how this really work:

Fundamentally speaking, chainlink API's will allow users to send data to their main decentrilized fundamental mainframe. What this will do is allow the customers to fundamentally buy more link tokens with their fundamental banks account. The more tokens people buy the higher the price goes fundamentally. So, fundamentally speaking, as more of this technology gets adapted to industries that are fundamental to our economy such as google and starbucks, the price will explode to over 1000k. This fundamentally will make the link hodlers more happy, which in turn will make them want to buy even more tokens in the fundamental end. Lastly as this 4th revolution kicks into high gear, this entire process, fundamentally, will fund a good mental.

https://www.youtube.com/watch?v=OMMZbsaT42Y

Analytical chemist here. Do acid while skiing. Also the Holocaust never happened. $1k eoy