/biz/ - Business & Finance

>>18646019
Fucking based

>>18646019

>>18646019
>centralized oracle

oh no no no no no no

>>18646019
>the only company using oracles is chiandick

>>18646019
dude you've made 100 threads today trying to FUD chainlink but the price keeps going up. maybe you should take a breather?

Fuck I love Coinbase. So glad they finally launched some competition for that crap network chainstink. Fucking smug link tards thinking they are next elite. Suck a dick!

>>18646019
>$8850
WHAT DID THEY MEAN BY THIS?

>>18646019
>proceeds to show some JSON code.
OP is just a brainlet confirmed.

>>18646019
You realize Chainlink's Github and Pivotal have been public for years now right?

>>18646098
cause btc is up

>>18646259
actually Open Oracle (the standard Coinbase chose instead of Chainlink) allows to do exactly what Chainlink does, take in multiple signed apis and get the average/median/whatever.

It literally makes Chainlink obsolete when other exchanges start adding signatures with their APIs. (And yes, it makes TEEs obsolete too)

And it's free, without tokens. It's literally the Chainlink killer.

Linkers will say "b-but you can integrate Chainlink with it!"

Sure, you could, but it would be completely pointless, so no one will. If Coinbase wanted to use Chainlink, they would have. They obviously choose this standard with is better, and doesn't have a parasitic centralized token.

>>18646098
nice catch 100k long

>>18646304
you realize that the 100s of fake partnerships blog posts have never use Chainlink in production even years after the announcement right?

>>18646259
This.

>>18646372
you're just straight up lying

>>18646407
learn to code, that's literally proven, verifiable facts.

Your IQ is just too low to understand them.

>>18646397
Chainlink has a whole bunch of users in production. The fuck are you talking about.

>>18646397
kek
BTFO

REAL QUICK
E
A
L

Q
U
I
C
K

80%

>>18646407
>t. increasingly nervous speculator

>>18646314
>c-cause btc is up

>>18646314
>cause btc is up

>>18646372
This, chaindick is a middleman.

>>18646372
cringe

I am getting Req vibes, bros

>>18646736
>>18646372
Too bad Coinbase itself BTFOs your shit.

>>18646019
stop bros i have 100k link

>>18646890
see >>18646851

>>18646903
holy ...

this whole thread argument confused the hell out of me where the fuck is my spoonfeeding

>>18646890
still have time to sell. don't listen to memelords for financial advice, have critical thinking skills.
Chainlink has never been used in 7 years. there isn't even a demo other than a json parser.

>>18646851
he's saying Chainlink can USE coinbase oracles not the other way around you fucking retard. don't you know how to read or do you just assume everything associated with chainlink means its verified.

>>18646019
what's the point of a single centralized oracle? it only works when you have an entire network like chainlink. this is the same as trusting your funds to sit on coinbase vs cold storage. chainlink is like the secure cold storage.

>>18646019
JSON PARSER wasn't a meme afterall

>>18646080
he's not talking about chainlink anon.

>>18647274
the point is, every website can just add that line of code and it gets rid of the middleman that is chainlink.

>>18647274
Open Oracle does exactly what Chainlink does. It takes the average/median/whatever of a network. (And yes it makes TEEs obsolete too)

The only difference is, you don't have KYC, you don't have Sergey, you dont have a centralized parasitic token. It's literally a direct, superior competitor to Chainlink.

And guess what, Coinbase choose to use it instead of Chainlink, confirming it's better.

And unlike Chainlink's 100 fake partnerships that haven't used it in production 1-2 years later. The product is released TODAY, at the time of announcement.

How will you ever recover from this?

>>18647252

WHY THE FUCK WOULD COINBASE USE AN ORCALE THEY HAVE NO FUCKING NEED TO PROVIDE ANY SERVICES WHICH INCLUDE ORACLE DATA YOU COMPLETE FUCKING IDIOT.

Coinbase is a service which would PROVIDE DATA not REQUEST DATA. Hence why Chainlink(data provider network via requesting data) will USE coinbases DATA PROVIDING API.

Coinbase can't "use" Chainlink because coinbase doesnt request data you fucking mong. they are a data SOURCE.

>>18647252
He's saying this is another trustless input for Chainlink to use, retard.

>>18647346
See >>18646851

>>18646019
> site produces random json
> anon believes it
holy shit buy more link

>>18646259
if there is a trusted feed and signed data there is no need for oracles everyone can drive their smart contracts.

i said a lot these past years the worst thing about link is nobody needs oracles.

>>18647346
You totally missed the point. You say oracle/chainlink=price feed.
did you just forget contracts on purpose and all the development of signatures on purpose?
go back to tranny cords

>>18647395
>if there is a trusted feed and signed data there is no need for oracles
Coinbase just made exactly that, and they say this is beneficial SPECIFICALLY for Chainlink.

Cope.

>>18647510
rofl
there is simply no need for oracles deal with it. they are useless.

>>18647542
t. not Coinbase

>>18646890
Brain Armstrong just retweeted Justin mart. The way I’m understanding is by coinbase doing this it adds another layer of security. Sergey always talks about defense in depth over security by obfuscation. Not only that this kind of proves theirs a need for “oracles” right? It’s been a long road and nobody talked about oracles 2 years ago. It’s gone from a problem that doesn’t exist to now coinbase can solve it themselves. This space isn’t about blue oceans and red oceans it’s all open source. Hold.

didn't read; never selling
let me repeat
DIDN'T read; NEVER selling

hehe oracle

>>18649055
>Sergey sells but I don't out of loyalty
Financial cuckold.

>>18648706
yep

>>18646259
fuck that shit!
do you trust a big company?
they don't want us to make money, wake up!
chainlink has tons of partnerships, don't you understand? will explode!

>>18649115
Link findom is new fetish

>>18649195
Bigger than ultra?

>>18646259
C O P E
O
P
E

Imagine what's going to happen when all the normies are spoonfed on the fact that their token is literally a JSON parser...

>>18646851
> There is now one more way teams like chainlink can use our services

>>18646290
>He doesn't know LINK is literally just a json parser

>>18649425
Yes, it's a regular price feed API except it allows one to cryptographically verify the source.
It makes using Chainlink that much more secure and every single data source should be doing exactly this.

>>18646372
>it makes TEEs obsolete
keked. keep up the retarded work

>>18646019

>No KYC

>Instant adoption by everyone as the biggest and most prestigious and credit-worthy entity in all of the crypto environment.
RIP Link.

after 2.5 years
you fucking retards still dont understand what the chainlink network actually is
fucking kek

>>18650206
That's a big guy

>>18650104
it literally does. learn to code, then maybe you'll get it

>>18648706
false. it makes chainlink obsolete. The data is signed, it doesn't need to be signed again by a Chainlink oracle/TEE. there's already 100% certainly that the data is genuine. signing it twice is a waste of time and money. No one will use Chainlink to "sign it again"

As for the "network" (medianizing multiple sources), this is literally what Open Oracle does, FOR FREE, WITHOUT LINK TOKENS, WITHOUT KYC. It's literally the Chainlink killer, and it was literally just adoption IN PRODUCTION by Coinbase.

This shouldn't be a surprise btw. Anons have been saying "token not needed" and "big companies will make their own" for years. They were correct (obviously). Now that there is demand (defi), companies are making their own, without a token.

The only reason they weren't before is cause there was no demand.

>>18650206
Actually we do understand. You're the one who's not a developer and believe the fairy tales about Chainlink being decentralized or having and type of network effect. The facts literally prove you wrong. You just don't have the knowledge required to understand the facts (because you dont know how to code).

>>18650063
>It makes using Chainlink that much more secure
No, it makes Chainlink OBSOLETE.

The data is secure, and can be medinanized FOR FREE WITHOUT TOKEN by using Open Oracle.

It's literally a Chainlink killer.

Sure, Chainlink can use it to, but no one will be using Chainlink when there's a free, not centralized alternative that is literally supported by Coinbase.

>>18650370
>coinbase makes Chainlink OBSOLETE.

lol you better tell coinbase to stop shilling Link then.

>>18647422
>You totally missed the point. You say oracle/chainlink=price feed.
No, you missed the point, because you have inferior intelligence and cannot think ahead.

It's incredibly trivial for any API provider to just add signature to their responses. As soon as there is demand for ANY other type of data, weather, sports, etc, big companies will simply start signing their API data, and then Chainlink will be made fully obsolete, again.

Chainlink was always obsolete btw. Anons have been saying "token not needed" and "big companies will make their own" for years. This is just the beginning.

Obviously you're too low IQ to understand any of the things I just said, but smart anons just did.

Learn to code.

>>18646019
>take WebAPI for btc price in json format
>press F2, rename
>oracles
Yep, I’m thinking Brian is based

>>18650397
So they literally released a product in production today using a Chainlink's competitor, when they could have used Chainlink instead. They purposefully chose NOT to use Chainlink, and use a competitor instead.

But in your mind those 3 tweets mean Coinbase prefers Chainlink as a standard? Let me ask you something, how low is your IQ?

>>18650458
>using a Chainlink's competitor
Compound isn't a Chainlink competitor dumbass.