/biz/ - Business & Finance

...you realize this is literally explained on the front page of chain.link right?

>>17555929
This is a brainlet-tier Chainlink 101 usecase but I’m happy it’s finally sticking for you.

>>17556016
The degenerate sports gambler in me needed that first tweet to have any of this shit make sense

>>17555929
>solution for a solution looking for a problem

So...Xtrabytes has said their tech also does this.

>>17556046
you're a fucking idiot, try actually using your brain every day to regain mental faculties

>gambling sites want your decentralized feed and not their internal/partner API
Magical thinking

>>17556139
There are actually useful applications like connecting to IoT sensors, insurance, and derivatives, but don't expect these retards to talk about it

>>17555929
Can literally be replaced by on-chain solution or a fucking json parser.

>>17555929
>this is the first time i somewhat understand what chainlink would have a shot at becoming IF it wasn't founded by some dudes with bachelor of arts in philosophy and absolutely 0 competence in tech

yes this is your typical chainlink "investor"

unfortunately there is competition made by people with actual hands on experience in software. like you know, those behind literally every crypto projects that actually achieved any of this design goals and aren't just an overhyped pile of shit

>>17556204
oh wow, a centralized point of failure connected to a decentralized network, what can possibly go wrong?

Chainstink isn't decentralized tho

I know nuLink is they already have the testnet set up without having to verify nodes

>>17555929
Why do I get the feeling the person behind this Twitter account is a girl (female)

>>17556205
>PNK

AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

*Deep breathing exercise to calm pulse*

Oooh... Ahhh... WAA... AAA

WAAAHAHAHAHAHAHAHHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHA

>>17555929

This is the dumbest analogy possible. The game is happening, you don't need Decentralised oracle's for any of that.

I'm very pro-Link, but some of these potential use cases are beyond retarded

>>17556139
>gambling mafias want to use internet websites and not brick and mortar backroom bookies/enforcers
Magical thinking

>>17555929
I get chainlink but can someone tell me why tokens/coins are necessary for this tech? This is what makes it feel like a scam. Why does chainlink need to be a crypto based company

>>17556114
Xytabytes has said all sorts of shit... none of which has ever come true

>>17556888
it doesn't. legit projects don't make their own token, they just use ETH is colateral.

>>17556888
I'll tell you but only because you got trips.
What better way to collateralize the staked money then with blockchain agnostic tokens? Seriously think about it, not only is it the best way but it's also the only way. Nothing else can actually work. It's like 2+2=4 you feelin me?

>>17556888
>Why does chainlink need to be a crypto based company

wtf he's right guys... why does crypto even exist at all? HELLO?

WHAT THE FUCK!

>>17556205
This guy doesn’t look trust worthy. I don’t know what it is but it just looks like lying/deceit and subversion is part of his blood.

>>17556941
>it just looks like lying/deceit and subversion is part of his blood.

Wow dude just wow, anti-semitic much?

>>17556312
LOL. You don't understand his explanation.

>>17555929
What a terrible explanation. It doesn’t mention why decentralization is needed at all.

>>17556941
>kike phenotype
that's why

>>17556941
He made that comment last year and he wasn’t lying. Clement is one of the most based dudes in crypto.

>>17555929
Thank god for chainlink. Not until it's invention were people able to wager on the outcome of an event.