/biz/ - Business & Finance

bump

>>20204539
what does "wrap a chainlink around those" mean????

>>20204701
Create an adapter for a data source (API) in order for it to be able to be used by Chainlink's decentralized oracles.

>>20204701
Prob means to make an adaptor or make them as part of a node.

>>20204539
Shared Data Infrastructure.

>>20204718
oh nice. like pac-man eating a ghost. consumption.

>>20204701
Think of Sergey's warm loving arms wrapped around you. Think of his heart beating through his plaid shirt next to you head, as he gently strokes you hair and says "Don't worry, anon, don't worry about anything at all".

>>20204701
you know the logo right?

They have cardboard boxes shaped like it and then basically wrap it around the machines that provide those APIs, to claim the data for Chainlink.

>>20204701
it’s an old inside joke, think big macs

>>20204701
It's a euphemism for gay sex

>>20204701
consume

>>20204739
>>20204726
>>20204718
ah so many (you)'s, thanks guys

>>20204744
checked. kinda like docking, eh?

>>20204539
at this point CL is working together with Google since at least 2017. everything is self prophesying - how can anyone still have doubt. everything is a long boring leanback in the chair away

What would this even mean. So google is having fun using Chainlink internally for shits and giggles. What does it fucking do for CL

>>20204933
It provides data for CL, google wants CL to succeed because it needs api data from other people as well, as much as it sells it own fucking apis.

How do you not get this??

>>20204933

It pumps the price to $1KEOY

What was more significant was the mention of sending payment messages for companies and putting those onto the blockchain; a reference to ISO messaging and SWIFT GPI.

>>20204539
The biggest point in the whole talk was by Ron when he is talking about value proposition of all this. He mentions protecting transaction data with cryptographic techniques offchain using oracles. This is huge for something like SDX who is a member of IWA. This is exactly what DECO is. Chainlink will be announcing soon that they are using this technology with Mixicles for DeFi apps.

Check em btw

Utterly delusional

>>20204979
I want motherfucking google to buy link tokens. If it doesn’t do that then what does it matter

>>20204539
Meh. What he said is nothing but hot wind
Seems the market reacted positively to these "news" though

>>20205000
checked

>>20204933
i know this is low effort bait but i'm going to answer it because real people might be wondering.

Data is a commodity. Ever wonder why businesses like facebook, snapchat, and instagram make money? What is their product? Some of it comes from advertising, sure, but how much money is in that? Big money comes from selling access to their data. If you're running a political campaign and you want to target a specific demographic, you'll buy access to that demographics data from one of these companies and use that information to tailor fit your message. If you are producing a new nike shoe you'll pay for access for information about a demographics lifestyle choices, sports enthusiasm, even geolocation and financial status in order to set up the best product launch you can.

And ALL companies are doing this. All companies are collecting data on their customers at all times. They have this huge amount of information and they know it's valuable and they want to monetize that value.

Right now they do things like subscription services, but chainlink will allow all dataproviders to automatically monetize their data for API calls onto the blockchain, turning something that requires an entire team or department to manage and market, to something that just automatically has a market of buyers.This is the value that chainlink brings to corporations: it turns the potential value of their databases into real cashflow.

>>20205213
Dude we know this but the only thing that matters is that link tokens get bought. I’d be estatic if google just buys up even like 10-20million tokens. That’s super chump change for them but that would be major price action.

>>20204701
sergey isnt fat he just has chainlink wrapped around him

>>20205213
Based post.
People don't realize it's an entirely new revenue stream for companies in the business of selling data. That's huge being able to add a whole new market you weren't selling to before and to do so with easily adaptable middleware with minimal effort.

>>20205579
you're an absolute fucking retard and im telling you know that whatever happens, you won't make it.

>>20204742
keked

>>20205579
>but the only thing that matters is that link tokens get bought
This is bait

>>20204539
you are low iq and you didn't prove anything, nothing new happened since last year, he just reiterated that anyone can use google api through chainlink (but no one does)

>>20205013
SDX is partnered with Swift. You do know that right?

>>20205050
No, what you actually want is google users using link to google things. And that's what will actually happen

>>20205213
based

Pic related

>>20204764
That'll be 8 Chainlink please

>>20204701

And

>>20204701

Our government rests upon religion. It is from that source that we derive our reverence for truth and justice, for equality and liberality, and for the rights of mankind. Unless the people believe in these principles they cannot believe in our government. There are only two main theories of government in our world. One rests on righteousness and the other on force. One appeals to reason, and the other appeals to the sword. One is exemplified in the republic, the other is represented by despotism.

The government of a country never gets ahead of the religion of a country. There is no way by which we can substitute the authority of law for the virtue of man. Of course we endeavor to restrain the vicious, and furnish a fair degree of security and protection by legislation and police control, but the real reform which society in these days is seeking will come as a result of our religious convictions, or they will not come at all. Peace, justice, humanity, charity—these cannot be legislated into being. They are the result of divine grace." - Calvin Coolidge (30th president of the United States)

>>20206159

“Our government rests upon religion. It is from that source that we derive our reverence for truth and justice, for equality and liberality, and for the rights of mankind. Unless the people believe in these principles they cannot believe in our government. There are only two main theories of government in our world. One rests on righteousness and the other on force. One appeals to reason, and the other appeals to the sword. One is exemplified in the republic, the other is represented by despotism.

The government of a country never gets ahead of the religion of a country. There is no way by which we can substitute the authority of law for the virtue of man. Of course we endeavor to restrain the vicious, and furnish a fair degree of security and protection by legislation and police control, but the real reform which society in these days is seeking will come as a result of our religious convictions, or they will not come at all. Peace, justice, humanity, charity—these cannot be legislated into being. They are the result of divine grace."

- Calvin Coolidge (30th president of the United States.)

>>20206151
"Wealth can only be accumulated by the earnings of industry and the savings of frugality."

- John Tyler (10th president of the United States)

>>20205213
What does this ultimately mean for the Chainlink token?

>>20206273
May 26th will be a big day for Chainlink. It'll be the end of a busy month for Chainlink and we all know deep down in our heart of hearts that it will still be below 54 cents. This date is the day that a pretty big asteroid skims past earth and I encourage every distressed marine to join my cult and we will together leave this earth and ride the asteroid like the Hale-Bopp comet people did 25 years ago. And will ride this asteroid as far away from Sergey, Rory, the discord trannies and /biz/ as we possibly can.

>>20204539
OH MY GOD
YOU MEAN YOU KNOW WHAT AN API IS AND WROTE A JSON PARSER
HOLY SHIT
THE FOURTH INDUSTRIAL REVOLUTION IS HERE
WHY THIS WOULD NEED TO BE CAPTURED IN SOME FUCKING NAZI TOKEN THAT MAKES A BUNCH OF WHITE SUPREMACIST ASSHOLES MILLIONAIRES ISNTEAD OF JUST CUTTING THEM OUT AND TURNING IT INTO A NEW ENTERPRISE WILL HAVE TO BE EXPLAINED BY SOMEONE ELSE
TRUST ME ITS GOING VERTICAL YOURE ALL GOING TO GET RICH

>>20206205
>"Wealth can only be accumulated by the earnings of industry and the savings of frugality."
In other words, save money and invest in companies.

>>20206397
u mad?

Did any of you anons watch the talk with Sergey today? How was it?

>>20204539
hello james, hope you are doing ok, i suggest going cold turkey with the drugs, including alchohol, nicotine and caffeine

>>20205579
>the only thing that matters is that link tokens get bought
You do not have the slightest idea what chainlink is

>>20206428
yea sort of
the normies here acting like dated tech is revolutionary because they have a token that they want to get rich off is annoying

>>20206439
it was pretty interesting until the end when serg thought the stream was over and he stood up, and it turned out he had been doing the whole thing without pants on. good news is that he's hung like a horse though, should make link more popular among women imho.

>>20206273
what it means is that by purchasing chainlink tokens you are actually purchasing a share in the global data economy. And since everything is becoming a part of the global data economy, you are purchasing a share in the total economic output of the planet.

Everytime a transaction occurs, whether it be a data call or a credit default swap, someone somewhere in some node will be earning a fraction of that value through providing trustless verification on the chainlink network.

And since network rewards can only be paid out in chainlink tokens, the value of the token itself increases based on the percent of the global market share the chainlink network captures. It would be like if you owned a patent on the concept of electricity, and everytime someone flipped a lightswitch you earned a royalty check.

hey stinkieess I sold at $6.32 and I'll be buying back at $4.30 in 3 weeks.

>>20206563
>royalty check
LOL pipe dream

>>20204999
checked

>>20206656
No one selling ranjeet.

The conference today revealed to the world the fat Russian that runs this scam. Price has already tanked 10%. Once it breaks through the $5 resistance the panic will begin and small holders and speculators will begin to offload, with the whales already long gone. Once it shoots through the $2.5 mark, unabated FEAR will ripe through all LINKies. With all those who dumped their current accounts into this scam twitching at their arsehole continuously while refreshing binance. The $0.50 mark will be met, the largest panic in history will ensue. The final deluded Nodes will begin to go offline, and wagecuckers with their engineering salaries loaded up in LINK will be left with it stuck in their wallet, unable to move it to binance to salvage some self respect. The price WILL tank at this point to sub $0.5, and most probably sub ICO levels. From that day forward the stinky Linkie wagecucking engineering nerds who bought this coin thinking it had fundamentals will go back to their jobs, with no money in their current accounts, to be made redundant by the next wave of pajeets arriving to undercut their wages. Stinky Linkies will hold bags FOREVER, with no job, no money, and no crypto. I warned you LINKies. There’s still time to get out. Sell NOW. Don’t be stinky, don’t be a LINKie.

>>20206656
>LOL pipe dream

I hope you believe that. I hope you swing trade and increase your stack and never lose out on a trade. I hope you hang on until we approach $1k per token and ladder out of your position like the smart trader you are. I hope you use your millions to buy two lambos, one that just says SWINGLINKER, and another that just says SCREENCAP THIS.
Because in the years to follow when the rest of us who actually understood our investment and what it implies have accrued generational wealth, you'll be one of the first crypto millionaires to hang himself for fucking up crypto so bad that you're only a millionaire.

>>20204739
Imagine Sergey's manly Big Mac musk caress your senses as he does this.

>>20206695
this again? you always sell hahaha you always fucking sell little linkies

>>20206793
can I get a hit of that shit because... DAMN BRUH YOU ARE HILARIOUSLY RETARDED RN
>generational wealth
>a shitcoin
pick one faggot

>>20205213
>Right now they do things like subscription services, but chainlink will allow all dataproviders to automatically monetize their data for API calls onto the blockchain, turning something that requires an entire team or department to manage and market, to something that just automatically has a market of buyers.This is the value that chainlink brings to corporations: it turns the potential value of their databases into real cashflow.

Have been following this for awhile but this is actually a missing piece for me.

Situation today: I want to market something to a particular niche. Call up facebook, and subscribe to some data feed about, who knows, the top types of messages they like or something.

Situation with chainlink: ok, now instead of having to set up some subscription with facebook, instead I am doing it through an API. I believe you that Chainlink network is crucial for this but I'm not quite putting the pieces together. How does chainlink help facebook in this scenario? Can't facebook just set up some kind of service where I can buy data from an API? IOW, what does chainlink provide to FAcebook in terms of options that they don't already have?

>>20206929
This. You just know you can smell the McDonald's wafting up from underneath his balls; it makes your sweat smell different (tangy, like old Big Mac sauce)

bliss

>>20206956
Trustless way to provide data, subscription with FB requires alot of legal shit because of hacks.

It hard to hack the chainlink network, also convenience. Market.Link, you need a specific type of data (weather or price feed) you can search it up there. Imagine a google that lets you access a bunch of high quality data.

>>20206563
yea some stupid nazi tech with no patents or barreirs to entry is going to become the global mainframe
makes sense
fucking idiot
fuck you for thinking this
even IF it was 10x more efficient than any alternative the people in charge are happy to pay 1000x for an identicaly technology that they control
good fucking luck

>>20206956
>>20206956
chainlink doesnt alter this at all unless you dont trust facebooks data and want to make sure that its dictated by an upfront agreement with a third party token that has consequences for being inaccurate.
(A QUESTION IS THUS BEGGED. WHY INSERT A THIRD PARTY EXPENSIVE TOKEN HERE THAT MAKES NAZIS RICH?)

there are so many other solutions and so many other options. the current US political system is a better option. a sales guy that has your back is a better option. trustless autistic people think LINK is the inevitable answer because they cant comprehend how real business happens.

even if link is the best solution, none of these linktards will acknowledge any of the competition from the other cryptos, or more obviously from the fucking trillion dollar megacorps and central govts that will all hate to see chainlink prospering while paying off early nazi investors.

>>20206100
Hold up.

Data feeds verified by cl fed into google to give to the minute legally reliable information?

Sounds utterly unaffordable

>>20206930
You are a toilet bug.

>>20207368
Nazi nazi nazi. What is the point to using this word?

6.47!!!! are you all paying attention

>>20206205
"Wealth can only be accumulated by the earnings of industry, the savings of frugality, or the purchase of large amounts of Link under one United States dollar."

- John Tyler (10th president of the United States)
Ftfy

This thread has been declared a non-retard thread because anons are actually sharing useful information.

Both of these anons have been designated as retards
>>20206930
>>20207198

And therefore they must vacate this or be subject to arrest and confinement in the Multnomah County Detention Center.

>>20207079
>Trustless way to provide data, subscription with FB requires alot of legal shit because of hacks.

Yeah, ok this is helfpul thanks. Trying to think this through.

So, rather than enter into a bunch of one on one contracts with companies, instead Facebook could in some sense make its data avaiable on the (semi) open market.

But they need to be careful about how they do that, and the buyer needs to trust the provenance of the data. So a chainlink provides a way for all of this to be verified.

>>20206563
Brilliant, succinct explanation. I hope others take not and absorb what this anon is trying to convey. Investing in link, even at this price, has the ability to forever lift from you and all of your prodginy the burden of financial concern. Do not let this opportunity pass or you will live with eternal regret of what could have been.

>>20207198
You can't pay 1000x more for something that doesn't exist. That's like saying "the people in charge are happy to pay 1000x more to have their own server farm instead of use AWS or Microsoft Cloud". It's not a fucking option, it doesn't exist, and it wouldn't because that would cost them BILLIONS of times more. Do you know how stupid you appear? As if large companies don't use other business products all the time.

>Why would any business use Microsoft Office? They would just make their own spreadsheet and word processing software!

Fucking retard.

>>20206563
so what I'm hearing is STAKE IT TIL YOU MAKE IT

>>20206956
Basically the reason to do this for facebook is to lower their own overhead and increase their market share capture. Chainlink is going to be something invisible on the backend that everyone uses but nobody has heard about. The comparison that Sergey made to HTTP is no a bad example.

Right now facebook employs people to manage this data, market it to potential clients, and manage those client relationships through account managers and customer service. With chainlink integrated all of that overhead dissapears. The chainlink network creates an open market for all this data in a totally secure and seamless way (at least when the network is fully mature). Facebook will not only get rid of the overhead all those paid positions cost, but will likely have access to new sections of the market that are now able to pay for and access their data through the node network. In short, it will lower costs and increase profits. And that is the reason we'll see explosive growth upon initial adoption. Companies that don't lower their costs and increase their profits through this service WILL NOT be able to compete with those that do.

Additionally, the monetization of data from facebook is probably a small portion of the total market that chainlink will capture. International shipping, international finance, real estate, ect will all benefit from the chainlink network in the same way that facebook would.

TLDR: Chainlink and the services that utilize it will be so efficient that the world will fundamentally change as a result. Investing in chainlink based on what the world looks like today is missing the point.

>>20208852

>>20208978
Please make trip so I know to read your posts.

>>20204701
kind of like this

>>20209106
that's pretty flattering, but its self defeating unfortunately. The whole point of 4chan is that it forces you to wade through an ocean of piss to find a kernel of truth. It's a real skill that people actually develop by lurking here. The gut check critical thinking that allows you to determine real and valuable information from shills posts or retard posts is one of the most rare and most important skills you can develop in today's world of information overload.

Also there are some vicious little animals on this and other boards that would call me a nigger faggot and dox me if i set up a tripcode.

>>20209298
>>20208978
>>20206563
>>20205213
Beautiful. Thanks for sharing anon.

>>20208978
What's your take on the Fat Protocol Theory?

>>20209298
and you'd deserve it. tripfags and namefags are cancer.

>>20206563
You're going to be paying royalties that is for sure.

>>20207198
>>20207198
>yea some stupid nazi tech with no patents or barreirs to entry is going to become the global mainframe

That's the genius of Chainlink. It's not meant to be a "mainframe". One of its many functions is that it will help companies transition into their new mainframes, while maintaining things like data integrity, payments, etc.

Chainlink is what makes the mainframe even possible. That's part of its allure. It's not the "main next gen technology", it's what makes the "main next gen technology" even possible. Which is largely why it's been and still has been essentially a total sleeper in the normie sphere.

>>20209451
i'm just a humble STEM grad and not a comp sci guy, but i think fat protocol theory makes some sense. The idea that protocols that enable data sharing will be more valuable than the applications utilizing them i think is accurate, but not because of speculative tokenomics. The blockchain revolution is spearheading decentralization for the rest of society as a whole.

Think about amazon. It's a hideous money grabbing monster that has destroyed smalltown american life and retail faster than walmart ever could. But the flip side is that a small bussiness or artisan can now sell their products through amazon anywhere in world rather than by contracting shelf space with retailers in their immediate vicintiy. In a way, what destroyed american retail wasn't the monopolistic actions of amazon, but the decentralization that they provided to manufacturers as a PROTOCOL.

I think this is likely to repeat itself with blockchain protocols and applications in the future.

>>20208978
>Additionally, the monetization of data from facebook is probably a small portion of the total market that chainlink will capture. International shipping, international finance, real estate, ect will all benefit from the chainlink network in the same way that facebook would.

Yeah, I appreciate this because this is helping me understand better the presentation that Fernando Ribeiro of Oracle gave last year.
[can't find link to video but here is link to blog post
https://blogs.oracle.com/startup/every-startup-in-the-blockchain-with-oracle-cloud-and-chainlink

He was talking about startups selling their data. That made sense in the abstract but I was assuming he was talking about selling their data to be used as oracles for smart contracts. E.g. startup that tracks weather selling data for weather derivatives.

But of course what you are describing is something different. Idea is to use a smart contract to securely sell the data, not just to use the data to trigger a smart contract.

Ok, need to think about that some more, but I appreciate your explaining that. Have been trying to understand that for awhile.

>>20205000
$5000 EOY 2020 checked!

>>20209658
no problem. Also, its not one or the other. Just like you could say the internet is used to send emails and that would be true, that doesn't fully describe what the internet provides. In the same way, whether it is monetizing data for companies, or securely executing smartcontracts through the node network, both are true but neither fully encapsulate what this technology will do. It is as open and full of potential as the internet was in the 90s.

>>20204999
Checked and 999+1 it is!

>>20209999
>>20204999
HE IS WITH US IN THIS THREAD

>>20204539
he literally NEVER said that in the conference today

Based thread anons. Isn't it strange that link moons and suddenly there are no namefags and tripfags

>>20209780
>no problem. Also, its not one or the other. Just like you could say the internet is used to send emails and that would be true, that doesn't fully describe what the internet provides. In the same way, whether it is monetizing data for companies, or securely executing smartcontracts through the node network, both are true but neither fully encapsulate what this technology will do. It is as open and full of potential as the internet was in the 90s.

Yeah, to be honest, ofc I'm excited about the price run up, but honestly I'm also excited that adoption is going to open up a TON of cool opportunities. I'm a lawyer and super interested in smart contracts. Think they have great potential to improve the legal system and to transform society. Been holding since december 2017 and following Chainlink closely the whole time, but there is always more to learn.

>>20210071
I AM.

And Thank you for spoon feeding.
I love you.
WE are all in this together, literally.

>>20210105
>I'm a lawyer

its going to fundamentally transform how you do business thats for sure. I'm not clear on how various governments will try to regulate and restrain whats coming, but i'm sure they'll find some sort of way to protect their interests. What is interesting to me is finally, FINALLY, contract law with have teeth and this power will be available to the common man. I expect that one of the new industries will be drafting clauses in smartcontracts, both as a custom service on retainer, and as generalized draft contracts for common transactions that you pay a fee to utilize.

>>20210123
>And Thank you for spoon feeding.
no prob, i jump on every 6 months or to clear up some of the confusion
>I love you.
me too
>WE are all in this together, literally.

fucking based


what i'm jamming out to while considering the future where we cut out all this fucking societal rot:
https://www.youtube.com/watch?v=5_RG_xC1GZg&list=RD2DIL9yteJdE

>>20209656
You are more than that anon. You deserve greatness! All the best, and thanks for sharing and making this a better place.

>>20207368
>>20207198
Missing the point of purposely fussing. Have fun buying your data straight from Facebook. How ya gonna record it to the blockchain?

>>20209658
>Idea is to use a smart contract to securely sell the data, not just to use the data to trigger a smart contract.
Not really, although there are SC pocs using TEE's to sell software/expensive intellectual property through without the nodes (escrow) being able to see or pirate it. He was more referring to the new way of doing things. Once this automation ball starts rolling, and some legacy systems (through oracles) can be connected to newer/automated architecture things get wild. SC's, especially once exposed to lots and lots of data, can effectively replace almost every office drone job in existence. You dont need a sales team trying to b2b sell someone when FB's ad sales contract interacts with a startup marketing companies' service agreement SC flawlessly, and they together can reference up to the minute CPM/costs as bids through a semi-private exchange of the top100 traffic web sites ad sales (because everything else will be SC'd and automated).

What the huenigger and others are talking about directly monitizing data is that all of these transactions can come at a per call or subscription based service. Sure, some random nerds pay the 600 a month for google bigquery access for their nerd website...but soon SC's are going to want 10-100-1000 nodes that will each have to have that same access, literally 10x-1000x google's current business model/profitability. That random page 3 google search weather site that barely breaks even can now be one of the 3-5-100 data sources on a weather insurance contract, charge a per call fee, and be relevant/profitable again.

Automation is going to really fuck some things up for workers, but there will be a large market for IoT sensors and redundant data sources from entirely separate entities... making it not just a monopoly for the top "name" in a field. All in the search for reliable data.

>>20210286
OpenLaw is already on this, and I'm sure other will be too. Converting/having pre-drawn certified contracts that will be as simple as filling out any of the normal forms you do in daily life, and having the full legal protections of making an appointment to have a lawjew copy paste his stock contract for 5k.

https://www.youtube.com/watch?v=l7edU35m8OI

>>20210286
>both as a custom service on retainer, and as generalized draft contracts for common transactions that you pay a fee to utilize.

Yes that's what I think too. Basically I would say that the legal world is in the same position now that the software world was 50 years ago.

in 1970, if you wanted software, you pretty much -- with a TINY few exceptions -- had to HIRE someone to custom make it for you. That all changed with, among other things, visicalc, and then of course rise of Microsoft, Computer Associates, Oracle.

Legal world is at that place right now. Disney can afford an army of lawyers to draft contracts and -- just as importantly -- NEGOTIATE each individual contract (if you've ever seen this in action it is a moronically wasteful process, with attorneys creating redlines in microsoft word and mailing them back and forth endlessly -- and then disney winds up with about 257 slightly different versions of their lease/licensing agreement, whatever)

In addition, common every day person can't afford a lawyer to do that kind of customized service. So, with a tiny handful of exceptions, your employer hands you an employee handbook and you sign it.

Smart Contracts open up a whole new world where lawyers are more like developers, and the legal system scales up massively.

Going to be lots of resistance, but at the same time, the pressure -- from fortune 500, from banks, from ISDA, from trade finance, is going to be immense, and I don't think the NY or California Bar association or any other backwards looking group of lawyers is going to be able to even slow it down, much less stop it.

>>20211470
>Converting/having pre-drawn certified contracts that will be as simple as filling out any of the normal forms you do in daily life,

Hard to say how this will play out. Filling out a contract like this involves a combination of filling in blanks, but also thinking through which deal points need special treatment, and -- again -- push back and forth with the other side. Right now it's pretty easy to just google a sample contract for almost anything you want, but applying it to actual situation is a little tricker. 95% you can use as is, but 5% you need to modify for your situation and knowing which is which is the hard part.

I suspect that, rough analogy is that these new tools are going to be KIND of like a developer environment like Ruby on Rails or something. They will make things eaiser, but this will then open up possiblities to use them to make contracts and transactions that are vastly more complex, i.e. contract that is 100,000 pages long and covers a vast number of situations.

Certainly true that old way of dealing with contracts is -- I think -- on its way out. And none too soon.

>>20211470
>>20211569
Nice. It's good to see actual data and real news about how this stuff is being applied. I tend to work from first principles and reason out what would logically occur as a result of something, but that also means i don't enjoy keeping track of the day to day. When the day to day actually matches my predictions its a strong indicator to me that my framework is accurate.

>>20211747
from what I understand people want the law to be simple, there no point of a 100k page contract that just used to fucking jew in courts.

Contracts at least in transactions should be fairly simple and not these huge mega behemoths monstrosities.

>>20211747
It will be like making UI mods in WoW with LUA language; not something I want to do personally, but actually-smart people don't have trouble with it

>>20211329
what do you think the timeline is btw. staking this year probably, but how rapidly do you think corps will adopt this tech? It seems like there has been a big push to get the groundwork done.

>>20204999
>>20205000
>>20205050
>>20205088
>>20205688
>>20205977
>>20206100
>>20207900
>>20209499
>>20209999
Come for the digits stay for the discourse

>>20212325
I think you're right the groundwork is there, automation at least the way we expect it can't take off without LINK. It like self driving cars, that really can't take off until every car can talk to each other.

>>20210071
He was pleased by your poasting anon.

>>20206397

>>20212325
SOON. There is tons of stuff going behind the scenes, especially with ISDA; they already demo'd fully operational trading/clearing/settlements with the OLE stack, OpenLaw-Link-Etherium...and that was like last year?

There's a half-steak being implemented first, where requestors can pay the networks for a set period of time...I believe somewhat bypassing the full service agreement variables needing to be implemented first (penalization and therefore collateralization). Full steak will come after that, and after there is some paying requestors already. Might be longer than you hope, staking is a very delicate balance...and fucking it up can make the entire network look bad/untrustable.

As for adoption, very very soon. Corps are finalizing things, and getting to the very end of the 5-8 year development cycle it takes boomer ran companies to adapt. Like fatso said today, there are also tons of followers/sheep that are at 90%. He's basically dead on that some mid size company is going to try it, report insane cost savings, and everything else in that sector is going to have to immediately compete or die. This will domino VERY quickly once some real world numbers are confirmed enough for boomer board members. Should be easily eoy we'll start to see some real names making moves, and doing real world trials. A year from now everything will look A LOT different, and I dont mean because of the beach front mansion ill be chillin in.

>>20213193

>>20213193
Soon.

>>20206465
go back to ribbit and fall for more fud

>>20205213
nice explanation.
Shit Digits tho.
Check mine.

>>20204742
KEK

Bumping this top tier link thread

Bump

>>20209999
Don't normally check. But this is phenomenally rare. Everyone should feel comfy and happy, well done anons.

>>20204701
take a wild guess anon