/biz/ - Business & Finance

>>15603409
>Are you comfy anon?
no

>>15603409
Imagine needing the price of eth checked 7 times
KEK
LINKIES ARE SO FUCKED
LITERAL PUMP AND DUMP SCAM CONFIRMED BY GOOGLE

>>15603409
Not worth posting hopium friend. Let nulinkers and redditors sell. Most of us on this board hold link. If you are trying to have an actual discussion about link /biz/ is no longer the place to do it. Its all FUD and shitposts. Also fuck jannies.

>>15603409
Yes very

>>15603409

No, we want to see real business using Link such as the banking sector. That’s the real reason we are here and invested in Link, we don’t amateur shit such as crypto literal whos.

https://cointelegraph.com/news/researchers-publish-evidence-of-chainlink-token-price-manipulation

KEEEEEEEEEEEEK

>>15603474
>>W38lVwlT

>>15603409
thanks, fren :)

>>15603336

>>15603446
Thanks for the honest advice, I just wanted to bring some old comfy LINK thread back to life. When I saw that the ETH ropsten jobs page was updated it seemed like a nice opportunity to try it

>>15603474
SHOOOO PAJEET

>>15603489
You are welcome fren

>>15603446

>>15603474
FFS haven't all major coins/tokens been manipulated by whales at some point?
This same "study" analyzing BTC or ETH would draw the same conclusions, no?

Are you implying there's a correlation between the speculative price movement and the project/product they're developing? Why would it matter?

>>15603511
Yes they would its just fud for retards

>>15603511
Bitcoin

Date: 1 April - 26 July
Price: $4,155 - $13,419 (322% increase)
Volume: $73BN - $238BN = PUMP

Today: $10,362 and $185BN = DUMP

Who dumped $53,000,000,000 USD on investors?

>>15603528

>>15603511
Ethereum

Date: 1 April - 26 July
Price: 141$ - 349$
Volume: $14BN - $37BN = PUMP

Today: 185$ and $19BN = DUMP

Who dumped $18,000,000,000 USD on investors?

>>15603534
Kreooonieeeeeck lÖL

>>15603511
XRP pumped 7.7 Billion dollars between April 1st and June 26th, and since then dumped 9.7 Billion dollars, ending up lower than when it started the "pump" on the first of April.

>>15603546
"0.00015696"

Kek.

Ovr.

>>15603409

Good that someone is finally posting about aggregation, just a few more steps and we have the worlds first truly decentralized oracle network.

If you are sentient, reading this, and not a paid FUD/SHILL, get in NOW! LINK will transcend crypto and that market will no longer be relevant.

>>15603561
we up!

>>15603596
na na bru

>>15603596
>Good that someone is finally posting about aggregation, just a few more steps and we have the worlds first truly decentralized oracle network.
This.

Also it's really sad to see how this thread is being overrun by bots from damage control coordinated groups. Price and positive news are definitely being suppresed by evildoers out there. If you are a person genuinely browsing this thread and want to know about LINK, just DYOR and don't let other's sentiment manipulate you

>>15603460
Pretty obvious what they're doing if you've fucked around with defi at all. The only people that need oracles RIGHT NOW are products like NUO, BZX, Maker, etc. They don't need data from everything in the world, just crypto price feeds. Defaggots get to be the guinea pigs and will get rekt, but they're paving the way for link to move on to the real world.

>>15603446
>Most of us on this board hold link

>>15603430
it's about averages over a large pool to minimise disparity and failure so when contracts are executed they are done based trustlessly

Panic at the discord.
If I want the price of eth I want it aggregated by thousands of independent sources and then averaged out for good measure.

One hundred Zuck Bucks to the anon who hacks centralized oracles

>>15603782
https://www.reddit.com/r/ethereum/comments/d4edxm/the_synthetix_dapp_deleted_my_balance/

There you go, he even has a reddit account

>>15603446
Most 2017 holders already sold LINK. Nobody is so retarded to not sold a 15x return in a bear market.


> Me included

>>15603668
That's some pretty creative cope you've come up with there buddy. It's a shame that google shows what a massive pump and dump scam this is. You tired of Sergey dumping 700k on you yet?

>>15603547
>>15603589
I dont get this stupid miltiary roger dodger ovr meme

>>15603834
It's a bot created to reach the bump limit in threads that threat the artificial negative sentiment they have created in /biz/ towards Chainlink. They are deployed by coordinated groups (mainly discord trannies)

>>15603800
Can chainlink prevent this attack vector? Attacker is seeing the the price feed update in the mempool before it updates the trade price onchain. Centralized oracle isn’t the problem, it’s the lag on ethereum that is causing the problem

>>15603868
Remember my offer of one hundred Zuck Bucks and several internets to the anon who helps chainlink succeed by any means necessary

>>15603868
https://www.reddit.com/r/ethereum/comments/d4edxm/the_synthetix_dapp_deleted_my_balance/f0bxny8?utm_source=share&utm_medium=web2x

Check that comment. The attack was executed thanks to the fact that the hacker gained control over their centralized oracle

>>15603923
Right well it might be in our interest that a dapp breaks which has been openly dismissive of the need for something like chainlink. Makerdao?

>>15603822
TITTIES HAHA YESSSS

>>15603968
No the attacker exploited the lag between price update in the mempool and the next propagated block. He increases gas to frontrun the price update. Had nothing to do with personal control over the oracle

https://www.reddit.com/r/ethereum/comments/d4edxm/the_synthetix_dapp_deleted_my_balance/f0e44i6/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

>>15604034
>Had nothing to do with personal control over the oracle
https://blog.synthetix.io/response-to-oracle-incident/
>We are very conscious of the challenges in using oracles for price feeds and we will continue to improve this and all other aspects of the Synthetix system. Chainlink is a key partner in our move towards a more robust and decentralised oracle, and we look forward to working closely with their team to improve our Oracle.

TEEs? More like REEs!

>>15604115
It’s true that the incident that broke Synthetix was due to oracle centralization issues, but the person who exploited the failure has been continuously operating a bot to generate risk free returns even when the oracles are working properly. This shouldn’t be possible and chainlink should address that attack vector if it is to offer a sustainable improvement over the existing oracle. It needs to prevent frontrunning

>>15604204
>Chainlink needs to prevent frontrunning
hmm
https://chain.link/mixicles.pdf
>https://decrypt.co/9037/chainlink-ceo-sergey-nazarov-mixicles-smart-contract-defi-privacy
>Privacy is crucial for enterprise, and can be a legal obligation for many types of contracts. Aside from the various obligations that enterprises may have to keep contracts private, Nazarov explained that the tool helps to guard against frontrunning. This is where unscrupulous parties take advantage of their responsibility to order transactions so that they can profit from them, and is one of the most basic reasons for privacy in financial contracts.
>Nazarov explained that the tool helps to guard against frontrunning

>>15604232
This is what I was looking for, thanks marine!

>>15603409
no im not, ive been waiting for so long that ill probably kill myself before ANY of this has an effect on price

>>15604370
That's good, Hell needs poor faggots too.

>>15603409
kek Chainlink IS a centralized oracle. You retards might not realize that but any dev competent enough to make a dapp is staying the fuck away from using Chainlink (unless it's to make some fake partnership announcement for clout)

>>15603409
These fucking niggers are literally miles ahead of the whole space
They spend the usd equivalent of 200k with a 300mm warchest to fucking murder their competitors babies and salt their land
Sergey is still a fucking firstmark killer
And hes convinced everyone hes a nice guy

This motherfucker right here
Wow

>>15604606

>>15603409
If it's free then who is paying the nodes grabbing the data?

>>15604743
The team from their link that they allocated from the start for this exact purpose

I really hope someone from cl reads these shitty threads
Some of us get what youre doing

This kind of slaughter used to be the kind of thing that had value equivalent to the resuktant foresight
Think the first armies with muskets against spears and arrows
This is the business equivalent of a merciless genocide
The golden child of decentralized trust raised in vc culture pairs up with the brains behind the first actually useful high iq decentralized network

If you dont get it just shut the fuck up and watch

>>15603409
>no BSV/USD pair
feeling flacid

>>15603409
Chainlink is dead after the sergey dump anon, we all have moved on to udoo

>>15603968
>>15604034
If you know, you know

https://arxiv.org/abs/1904.05234

>>15604596
Chainlink isn’t an Oracle, Ranjeet

>>15605498
Huh, learn something every day. Decred just released their prospectus for their new DEX about a month ago and made a point of bundling transactions in epochs to avoid frontrunning. That was the first I was aware of it, but no great surprise that Ari and friends were already grappling with it months ago.

>>15605084

>>15605498
DO ANY OF YOU FUCKING RETARDS UNDERSTAND THIS

NOT ONLY DID THEY UNDERSTAND THE RISKS OF THIER SHITSTREAM COMPETITIORS BUT THEY ALSO SPENT THEIR MOTHERFUCKING FREE TIME COLLECTING DATA ON THEIR FUCKUPS BECAUSE THEY ALREADY KNEW THEY WON

SO WHY NOT GET AN EASY PUBLICATION OFF IT TOO
COS EVERYONE KNOWS ONCE IT HITS PUBMED ITS USELESS
SO THEY DID IT
TO SHOW THAT THEY SOLVED THE TRILLION DOLLAR PROBLEM AND ARE KINDA BORED WHILE THE REST OF THE WORLD CATCHES UP

THEY PUBLISHED THIS SHIT IN MOTHERTITTYNIGGERKIKEASSHOLEWOPFUCKYOU APRIL 2019
BEFORE IT EVEN HAPPENED YOU ASS SLURPING REATRDS

>>15605752
HEHEBDSJSJJSHEJEJEJEHRUFUFJFHFHDJEJRHHRHDHDHDUDUDJDHDHDHDHDHDHEY

>>15605752
Im a retarded brainlet but this is good news I suppose so im buying 100 links

>>15603644
>Defaggots
We got an industry man here boys!

>>15603409
700,000
>Nothing wrong with me
1,400,000
>Nothing wrong with me
2,100,000
>Nothing wrong with me
2,800,000
>Nothing wrong with me
3,500,000
>Something's got to give
4,200,000
>Something's got to give
4,900,000
>Something's got to give
NOWWWWWWWWWWWWWWW

LET THE CHAIN LINK HIT THE FLOOR

LET THE CHAIN LINK HIT THE FLOOR

OH SWEET GOD THERE IS NO FLOOR

OH SWEET GOD THERE IS NO FLOOR

CHAINLINK $0 EOY

CHAINLINK $0 EOY

AAAAAAAAAAAAAAAAGH

>Dumped on why for (why for)
Can't take much moreeee

700,000
>Nothing wrong with me
1,400,000
>Nothing wrong with me
2,100,000
>Nothing wrong with me
2,800,000
>Nothing wrong with me
3,500,000
>Something's got to give
4,200,000
>Something's got to give
4,900,000
>Something's got to give
NOWWWWWWWWWWWWWWW

LET THE CHAIN LINK HIT THE FLOOR

LET THE CHAIN LINK HIT THE FLOOR

OH SWEET GOD THERE IS NO FLOOR

OH SWEET GOD THERE IS NO FLOOR

CHAINLINK $0 EOY

CHAINLINK $0 EOY

AAAAAAAAAAAAAAAAAAAAAAAGH

>Pump me again (again)
Holding bags near the endddddddd

700,000
>Nothing wrong with me
1,400,000
>Nothing wrong with me
2,100,000
>Nothing wrong with me
2,800,000
>Nothing wrong with me
3,500,000
>Something's got to give
4,200,000
>Something's got to give
4,900,000
>Something's got to give
NOWWWWWWWWWWWWWWW

>>15605752
This. They don't have any competitor thus far. They are eons ahead of any potential competitor

>>15605752
>>15607340
Stylin on everyone and everything. Fix literal billion dollar flaws. Price goes down. Only "news" that gets picked up is some Chinks made 100k off the Google pump aka "worst pnd scam of all time".

I fucking love holding this shitcoin

>>15607340
incorrect. They are in the centralized oracles space (their oracles are not decentralized). There's already way better options for centralized oracles than Chainlink.

You need to understand that the end user of Chainlink are developers. We understand the tech. We know that Chainlink is not decentralized. Memes and "partnerships" is not gonna make us use centralized oracles for our products.

Chainlink are years away (if ever) from being decentralized. Chances are they will be the last, not the first to do decentralized oracles.

>>15604232
You just win.

>>15607788
Checked. Development will increase exponentially as will nodes coming online etc.

>>15603819
You are full of shit. The top wallets have increased not decreased. Stop fucking lieing to people.

>>15607788
Weak fud, special place reserved for you some day Anon.

>>15608111
Checked

>>15603409
So their running expanses just got multiplied by 7. That's 2443 ETH at the current monthly rate. How will they fund this?

>>15607788
Go dilate

>>15608137
With threshold signatures and multi word response adapter this won't be a problem

>>15608888
>t. desperate linker pretending everything is OK
>>15608902
kek absolutely false. learn some programming brainlet

>can check the price for free using my eyes

Link BTFO

>>15603819
>>15603649
Post transactions you sold or stfu

>>15609056
https://blog.chain.link/threshold-signatures-in-chainlink/

>Our current best threshold signature scheme (described in this post) requires about 15k gas to confirm[7]. This means, for instance, that the $3,000 data point I mentioned earlier would only cost about $2, a 1,500-fold savings (and at current gas/ETH prices, the cost would be a bit over one cent, vs about $17 for validation of a 2,000-strong quorum, using the current framework.)

The anon you are replying to is right. An implementation of threshold signatures would save 90% of the gas costs associated with the heartbeat

>>15603409
good post. dont let trannies and fudders stop us from spreading crumbs

>>15604743
link holders, as payments are increasing the circulating supply.

>>15604786
Lol, i like this thought. How long until the legacy genocide?

>>15609322
The "legacy" is the free makerdao feed lol

>>15609219
There is 300 million LINK allocated for that purpose