/biz/ - Business & Finance

>>20277903
most people who "police" online forums are low-IQ alcoholics/drug addicts. the junkie who deleted is probably absolutely blitzed right now

>>20277903
Probably because you’re a lying faggot

>>20277903
>>20277942
this kek

>>20277903

>>20277935
it's true. jannies are usually the worst of society, they are the complete opposite of this dog

>>20277935
at least we don't post garbage like you people do, havee you ever tried moderting sober? fucking losers dont understand the preasure and things we have to censor.

>>20277942
> 42
Tranny jannies confirmed for based

>>20278254
>the pressure
what pressure, you do it for FREE

>>20278254
>havee you ever tried moderting sober?
no, because i have at least enough dignity to not work for free

>>20277942
>Probably because you’re a lying faggot
Speak my name, and I appear, right here.

Imagine you are a defi protocol using the Chainlink reference data. Currently you're probably only paying 5% of the real costs, with chainlink incentive wallet covering for most of it.

The current model is satisfying enough for your end security, and staked collateral wasn't designed for your type of high volume but low value usage. But you're the only users.

The Chainlink team however insists to introduce the feature, and since customers aren't willing to pay extra for what is essentially an extra feature they do not need, they decide to cover the expenses themselves once again through the incentive wallet.

Staked collateral was designed for low volume but high value smart contracts for the enterprise and traditional finance industries, for which there is no demand and interest. Similarly, the service agreements have seen zero usage in one year. There is no direct customer usage, only indirect through the reference model of shared expenses, what you could call the public good model.

The public good model being their only used oracles as of now, now ask yourself how would staking work in this scenario?

The average node call price is 0.16 LINK. 1 dollar per node per call. Now let's be optimistic and say each node is covering 100 jobs, which is still far from the case. The total value required to be staked in each node would be 100 dollars at best. Right now it's more like 10 jobs per node so it would be 10 dollars. This is the current real value of the chainlink network. 10 dollars! It's way over valued at 2 billions. This is pretty basic maths and cannot be refuted.

And you delusional cultists think everyone will be able to stake 2 billions usd worth of tokens to generate 5-10% returns. To cover 10 dollars worth of calls! And who's gonna pay for it?

Releasing the staking mechanism would actually be disastrous for the link price, as the market would quickly remark its completely pointless and no one wants to use it.!

>>20278406
Cope

>>20278432
Wolpert mentioned Clause in his latest live. They don't want to use eth or blockchains. There's no demand from enterprises. Openlaw meanwhile is not gaining any clientele either. They're now doing some DAO bullshit. Pathetic really.

>>20278486
Things change bro it'll be okay

>>20278406
thats nice but im still making shitloads of money

Major progress was made in the development of Linkfomo and the devs will announce the release date of the beta version within the next 3 days!!!

Thanks to all of you who created videos, tutorials, images and other content for Link3D we are looking forward to a growing community and more of you getting involved in supporting Link3D.
Together we will make this project as successful as possible


Get in before this goes parabolic with chainlink bros.

What is your Link3D make it stack?

Post your Divs.

>>20278406
Imagine you're a desperate retard frantically pasting the same wall of text no one cares to read over and over again because he thinks if he does it enough the low IQ retards who bought LINK late on /biz/ who have a collective stack of 5k LINK will lower the price enough for him to buy another 100.

>>20277935
Im not on /biz/ all the time, /pol/ack at heart. Your jannies arent trannies? Do they still do it for free?

>>20277903
>August 19th

That'd be pretty cool if staking were announced that early wouldn't it? IF it was all true of course

>>20278406
Your argument is the same argument people make against any emerging technology: there are no users now, so that means there never will be. Just like how the internet will never be more than a glorified fax machine.