/biz/ - Business & Finance

>>20823896
Based.

>continued

Oh god this is too good to be true. Finally.Think ima buy a few maker now

Before the discord team shows up. FUCK LINK
FUCK SERGEY
FUCK JANNIES

>>20823896

guess 5 BTC goes a long way for Maker devs after their total oracle failure in March, sad

>>20823896
first AMPL and now this.

>>20823896
>>20823910
Everything he's criticizing has to do with the KYC'd hand curated oracles that Chainlink is running at present. Nobody claims these to be perfect or flawless. They are an intermediate step between beta testnet and a fully realized mainnet with implemented staking, collateralization and penality.

If Sergey were to address this piece he would probably openly agree on all points. This isn't FUD, it's just a description of the limitations that everyone knows Chainlink's current partial implementation has. It's like criticizing an Early Access game for not having all the bells and whistles yet.

>>20823960
Is it bad that I am here 75% of the time to watch the world burn.


So many biz lives depends on it and I love seeing hope diminish as they realize they are never going to make it

>>20824108
Cope harder fag

>MakerDAO oracles don't have to trust external data services
but that's the main usecase of chainlink. There's no point for oracles or smart contracts if you're not using external data services

If you read anything except this, you are a sucker taking a sales pitch. At least he was honest.

>>20823896
>>20823910
Key points:

-Maker and Chainlink are competitors. Why use a competitors oracles? Why would anyone use Maker oracles in that case?

-Chainlink owns the oracle contracts and there’s no guarantee of honest behaviour.

-Chainlink oracles use external data feeds as opposed to onchain feeds provided by various ETH projects (kyber, dydx etc). This opens a large attack vector.

-Chainlink as an organisation is a single point of failure as opposed to Maker’s DAO structure.

-Chainlink can operate a node under Maker’s DAO governance structure i.e. Chainlink becomes a MakerDAO feed.

I think the main point is that using Chainlink’s oracles takes money away from MakerDAO’s oracles. Kind of like Microsoft using iOS instead of Windows or something like that.

>>20824111
Chequed

But cognitive dissonance is so entertaining

It's all valid and their desire to change Chainlink to have a more limited is a natural effect from adoption. This isn't microsoft selling MS Office Suite to businesses. It's a tech capital venture that adjusts it's role per client need. It's an opportunity to see Chainlink weaknesses but not a demoralizing statement.

>>20824170
I think the main point is Maker’s oracle already failed hard and justed a bunch of their users and the dev has been coping ever since

>>20823896
5 seconds ago oracles weren’t even important

>>20824157
retard
>>20824245
nobody lost money because of makerdao oracles
the only person spreading this lie was marc zeller from aave probably a personal beef with some makerdao guys

Before i head to bed just want to say: the cope in this thread is real

>>20823896
Can't wait to see what the low iq schizos have to say about this

>>20824287
yeah i just imagined all those hapless retards begging maker for their money back after they got destroyed by faulty collateral auctions

Makerdao oracles:
running since December 2017
nobody ever lost money because of their failure (black thursday losses were a failure of liquidator bots)
decentralized - no single failure point

Chainlink oracles:
running since Q4 2019 (synthetix fiat pairs)
synthetix lost money because onions dev at chainlink confused the symbols between gold and silver
losses were filled by selling link.
fully centralized - failure point is whoever controls the master address that tells 'decentralized' nodes what data to fetch.

>>20824337
hoe about FUCK YOU NEVER SELLING

>>20824399
Based retard

>>20823896
kek how much did Simeon pay for this?

>>20823896
NNOOOOOOOOOOOOOOOOOOOOOO LEAVE SERGEY ALOOOOOOOONNNEE!!!

pigeons coming home to roost

>>20824426
5 BTC was the going rate I believe

>>20823896
>Evidence of this can be found during Black >Thursday during which Chainlink’s >Oracleswent down for over 6 hours

oh nononono how come chainlink was down 6h when ETH was okay? MKR triple digit IQ is right again. This game is too easy, it feels like an open debate Trump on modafinil vs sleepy Biden

>>20823896
>dev for a product shills their product
>just trust us bro
haven't seen this before

This argument is exactly why I never bought chainlink. Turns out most people dgaf about this for now and just want a data feed on their chains, and if it is a centralized firm providing these — so be it.
Chainlink feels like an artifact of the old world of internet coming in to the new decentralized world and doing the same thing because it works. I agree with maker in spirit. If it is on blockchain, it should be decentralized. Period. However, the market and seemingly the vast majority of people think otherwise, at least for now.
I hope for the sake of all you holders that there is an actual decentralized mainnet coming for chainlink. If not, I’m afraid someone else will actually come in and do it — like maker is doing now...
We shall see.

>Maker eats shit and loses customers TONS of money, entire life savings are wiped out
>Chainlink develops a reputable product that does what they cannot
>they rage at this and post debunked fud that is now several years old

>>20824108
>Gives out a reasonable response
>>20824127
>No counter or argument. Just massive seething
You had three years

>>20824488
Chainlink is so inept from a technology standpoint they are going to fuck up again, and that's going to be the end of it.
They were lucky with synthetix because nobody actually uses synthetix, so the total losses were like $200k.
Imagine what would happen if the s o y link dev fucked up some configuration for Aave's feed. Millions would get liquidated.
It's a perfect marketing machine, but absolute clowns on technology level. You could pay pajeet devs $10k and they would make a more robust oracle system.

>>20824549
simmer down johan

>>20824549
didn't they implement multi-sig for contract changes since that fuckup?

multi-sig allows fuckups to come from a 2 man team

>>20824592

>>20824488
how'd never buying LINK work out for you financially??? kek

>>20824549
>>20824549
I completely agree, and yet both you and I (I assume) saw this go from $0.18 to $7+ AND be used by a significant amount of projects.
My gut feel tells me that these projects, like synthetix that you brought up, really wanted to get in on the defi fomo, and chainlink is a really easy thing to use to get started quickly. This got the price to skyrocket.
I mean the oracle problem is indeed difficult, so it is no wonder there is no good, fast decentralized oracle data feeds yet.
I think for a brief moment linkies will make it and sergey will be the richest man in the world. Then link whales will exit, hopefully some of them will be our fellow anons, and then it will all be over and some proper decentralized solution will take its place. Or sergey will use their loads of money to actually build something. What a strange shitcoin
>>20824659
Very well. There are plenty of other projects that have done as well as chainlink lately, but still congrats on your lunch money

A determined rearguard, I'll give them that. But yeah, the only real point there is around control of the contracts. Anyone got word on the development of the multi-sig contracts after the xag/xau incident?
Also great to see some of the FUD in this thread. Shows that some old timers are still around with some of the clever stuff written here hah.

>>20824170
>Chainlink oracles use external data feeds as opposed to onchain feeds provided by various ETH projects (kyber, dydx etc). This opens a large attack vector.
There is literally no way that a person who earns his living with oracles is THAT stupid, right? I mean that is level 1 FUD which didn't even worked years ago. The only point about link is to have off chain data. Jesus Christ how can someone be this dense? (Besides him being a rated on purpose to con normies)

>>20824592
it's now 3 of 8 multisig apparently, but that's the theory, in practice they all probably have keys on google drive or dropbox for easy access.
I'm also worried about a hack. Like seriously you can kidnap three chainlink devs, literally put a gun to their heads to force them to give you the keys and you can steal HALF A BILLION DOLLARS from aave
fucking wars were waged for smaller sums, and it's all protected by 3 chainlink devs. I have no words.

>>20824695
Yea, that was a very low quality fud point, but their fans will eat it up

>>20824679
if I considered millions as lunch money id be too well off... good luck with ur other investments

>>20823896
>>20823910
>trashes Chainlink oracles for being KYC in the current intermediate step
>meanwhile Maker uses SECRET oracles controlled and known by only two people in the entire world

LMAOOOOOO
I guess he's still salty about the "black Thursday" gas crisis event, when Maker's secret oracles actually shat the bed while Chainlink just kept chugging along.

But really, Maker is working with Chainlink at various levels, so don't put too much stock in what this NikKunkel dude has to say.

>>20824375
>fully centralized - failure point is whoever controls the master address that tells 'decentralized' nodes what data to fetch.
BTC failure point is satoshi's address if the funds are ever moved

>>20824742
>meanwhile Maker uses SECRET oracles controlled and known by only two people in the entire world
because it's an enormous risk to know who provides the price brainlet.
Fucking s o y devs not even considering physical security risks. I'm sure if you throw a latte at the attackers they will run away.

>>20824738
Just kidding, fren. Happy for your gains

>>20824549
>You could pay pajeet devs $10k and they would make a more robust oracle system.
Then fucking do it. There's obviously a demand. Do it and Chainlink will buy you out for millions.

>>20824701
you could argue the same for putting a gun to CZ's head
or a few goldman execs
its definitely a fringe schizo fear

>>20824798
why? chainlink price rise never had anything with their technology. They don't care. They just have to do the absolute bare minimum to keep the marketing going, and it's exactly what they do.
>>20824800
>CZ
you really think he doesn't have armed security 24/7? lmao
He's Chinese he's a not a s o y retard he knows the real world.
>or a few goldman execs
no, it doesn't work like that, what would they even steal and how? Crypto makes thefts possible on a magnitude not possible since late XIX century when you could literally rob a bank and take away its gold.

>>20824287
>>20824375
>nobody ever lost money because of their failure

They failed nonetheless, sport.
While Chainlink's oracles just kept chugging along.
No cope in the world will change that.

>>20824772
>because it's an enormous risk to know who provides the price brainlet.
Yeah, so leaving everything (even the identities of the oracles) in the hands of TWO PEOPLE is such a decentralized way of doing it lol.

>inb4 dao and link make up and unite
under the flag of link and sirgay ofc.

>>20823896
Insider here :

All I can say is buy as much DIA as you can.

>>20824869
>While Chainlink's oracles just kept chugging along.
they didn't, they failed too, just for a shorter period.
>Yeah, so leaving everything (even the identities of the oracles) in the hands of TWO PEOPLE is such a decentralized way of doing it lol.
of course it is. It's much harder to first try to extract the identity of oracle holders with force and then go after them, because it would become apparent at least one of info holders is gone and something is happening.

It's not ideal and massive decentralization is the best answer: like literally hundreds of external data providers, which is where maker is going.

>>20824900
Ya, this is Maker's founder just last month.

>>20824960
based

So basically just pic related with a bunch of attempts to justify it.

>>20824918
>they failed too
No, they didn't.
A few nodes went offline because the gas prices exceeded their set limits, but a number of nodes kept updating despite the outrageous gas prices.
All that happened beyond that was ETH congestion.

>centralization is good because it makes it harder to manipulate the system by force
You're pretty much literally retarded.

>>20824986
Yup.

Not to mention the actual top brass at Maker is very much open to integrating Chainlink oracles, see >>20824960

This is one Maker employee coping badly.

>>20825002
>A few nodes went offline because the gas prices exceeded their set limits
good you finally admitted it.
>All that happened beyond that was ETH congestion.
In large part because chainlink can't even implement basic off-chain aggregation.
It's beyond ridiculous chainlink is on the top gas consumption list on etherscan when all they do is provide price feeds. The incompetence is almost impressive.
>You're pretty much literally retarded.
it's decentralization when the probability of failure goes down
it's centralization when it goes up
telling more people the identity of oracles increases the probability of failure, so it's centralization, it's not hard.

>>20823996
>t. discord team

He knows knee-bending will happen soon. MakerDAO is getting nervous.


Its afraid.

>>20825094

>>20825074
>good you finally admitted it.
That's not "failure", my man.
That's nodes simply not paying out of their own pocket.

Some nodes did, but some didn't.

>In large part because chainlink can't even implement basic off-chain aggregation.
You can aggregate off-chain all you want, you still have to post the results on-chain you doofus.

>It's beyond ridiculous chainlink is on the top gas consumption list on etherscan when all they do is provide price feeds.
You have no idea what this is even about.

Yes they are price feeds, but guess what: they're so popular that Chainlink is the number 1 ETH application right now.
These price feeds are so popular that even T-Mobile is currently running a Chainlink node.

And that's just in the Defi kiddie pool; wait until Sergey opens up the floodgates.
Chainlink will be the primary reason ETH even exists.

>The incompetence is almost impressive
If there is "incompetence", it's entirely on ETH because they still can't scale.

>telling more people the identity of oracles increases the probability of failure, so it's centralization
LMAOOOOOOOOOOOOOOOOOO

So the fact that only two people in the world know the identities of the oracles is "DEcentralization" according to you.
Fucking bravo.

>>20824679
https://iex.ec/decentralized-oracles/

>>20824263
This

>>20824488
I feel the same way, thats why i never bought btc

>>20825179
>That's not "failure", my man. That's nodes simply not paying out of their own pocket.
that's a definition of failure.
>You can aggregate off-chain all you want, you still have to post the results on-chain you doofus.
there's only one price at any point of time, but chainlink aggregates results on-chain, so every node posts its own transaction.
>Yes they are price feeds, but guess what: they're so popular that Chainlink is the number 1 ETH application right now.
You can't possibly believe that. The only dapp that actually uses chainlink for something important is aave. This all should be one $2 transaction every 10 minutes.
>These price feeds are so popular that even T-Mobile is currently running a Chainlink node.
Link is paying them to run a node.
>So the fact that only two people in the world know the identities of the oracles is "DEcentralization" according to you.
brainlet confirmed. You literally think decentralization just means there's more of something.

CL BTFO . Zeus Capital was right

>>20824108
>just wait for the REAL mainnet, guys i promise

>>20825315
>that's a definition of failure.
Anon. Those oracles were never going to keep working after gas prices reached a certain level.

If that's failure, then a car "breaks down" whenever its owner refuses to drive it to save money.

You absolute dumbass.

>there's only one price at any point of time
Fucking LOL my man.
Every price uses a variety of different sources. So no, there isn't "only one price".

Even at launch, the first three nodes all used a different source.

You are so ignorant it's making my eyes bleed.

>You can't possibly believe that.
Anon, T-Mobile is currently running a node.

Chainlink's price feeds are HUGELY popular.

>Link is paying them to run a node.
That's why they're running a node, to get paid.
And it's a little more complex than "Chainlink is paying them". The users are paying Chainlink.

>You literally think decentralization just means there's more of something.
Keeping the identities of oracles in the hands of two people in the entire world is the definition of centralization.
You turbotard.

DR;NS

>>20825315
what are scaling solutions. nodes posting on-chain so transactions can be verified is precisely what is needed. the problem has been that eth devs have taken so fucking long.
chainlink has been forced to allocate resoruces on t-sigs to try and get things moving. thank god for off-chain labs

>>20825344
Problem?

ETH has been out for five years, and it's still not on "real" mainnet.
BTC's "real" mainnet was even abandoned completely by its creator.

>>20824488
Hi Joe

>>20823896
>after carefully going over the proposal
> "about" is misspelled
Here we go...

>>20825433
>chainlink has been forced to allocate resoruces on t-sigs to try and get things moving
lmaoing at "allocate resources". You think this is something complex?
Other devs made a zk-snark based mixer for FREE (tornado.cash), something immensely more complex, and chainlink can't even implement schnorr threshold signatures with their billions. There are libraries for that, just use them, stop fucking spamming ethereum

>>20825487
Nik is a douchebag, couldn't even have the professionalism and respect to spell Johann's name correct when it is right above his post.

>>20824960
>Rune says use Chainlink

>>20824157
It will cannibalize our oracle business.

Nuff said. Chainlink wins

DR;NS

>>20825544
>You think [Mixicles] is something complex?

Fucking lol, you tell me buddy: https://arxiv.org/abs/1909.00938

>>20824157
>Literally "Cannibalizing" our oracle service

Thats rightmakerDAO. Sergey is hungry, and your little freudian slip has only anatagonized his appetite

>>20825567
mixicles is just a marketing buzzword for using a trusted party, it's a rehashing of very old bitcoin 'scaling' ideas, completely worthless.
Notice how it's not used, just like town crier isn't used. If it was actually worth something it would be implemented a long time ago.

Didn't they pay over a million for town crier? What happened to that? Oh right, it was just a scam.

>>20825567
>brainlet falls for mixicles spaghetti code

>>20825611
See >>20825567
Be sure to open the PDF link at top right.

Nothing you say will ever hold any weight against the word of Fan Zhang, Ari Juels et al.

>>20825634
good satire, anon

This is iota 2 kek. "We promise to remove the coordinator at some point guys!"
>proceeds to focus on hype and never even start on solving the propised problem

>>20825636
that's not a mixicle paper, do you even read what you post?
it's a paper on how to utilize mpc to notarize encrypted data in ssl.
It has nothing to do with chainlink, it even says at the end the work was funded by the government.
In fact if they released a working implementation it would completely obsolete chainlink

>>20825799
Anon, please stop being this hilariously ignorant.
My literal sides can only take so much.

>>20823896
wow as a solidity dev just lost huge respect for maker. why the fuck would anyone rely solely on chainlinks own nodes? chainlink can literally do what is complaining about. the point of chainlink is THE FREEDOM TO FUCK UP.

if you want direct data access then pay a bunch of node operators to supply it. ridiculous complaint.

>>20825838
it has literally nothing to do with mixicles, you're functionally illiterate. It's a completely independent functionality.

>>20825838
haha

>>20825942
Deco itself:
>Mixicles is a PoC of Deco

Anon:
>Deco has nothing to do with Mixicles

*inhales*
HHHHHHHHHHUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUURRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>20825607
>is anyone else hungry

>>20825964
>Mixicles is a PoC of Deco
>Chainlink plans to do an initial PoC of DECO, with a focus on decentralized finance applications such as Mixicles.
yep, functionally illiterate
let me explain it with an example so even a smoothbrain can understand:
>Nvidia plans to do an initial PoC of its raytracing hardware, with a focus on applications such as gaming
you
>raytracing hardware is gaming

>>20824111
>Is it bad that I am here 75% of the time to watch the world burn.
Well what would you do instead fag? Go out with friends? Have sex? Live a semi-fulfilling life in general? Obviously not. You’re going to camp your fat, ugly, low IQ, subhuman ass in your computer chair, day in and day out, and you’re going to watch as Chainlink slowly leaves you in the dust. I wish I could watch your face crumple, and the smug satisfaction diminish from your eyes as you realize that your own stupidity and laziness and reluctance to dyor is the reason why you will never be anything or do anything or live a decent life

>>20825908
>just lost huge respect for maker
He's just a lower-tier dude at Maker voicing his butthurt.

Maker's founder already said he thought integrating Chainlink oracles was a good idea, see >>20824960

>>20826024
Please remind your braincells all the way at the back that you said "Deco has nothing to do with Chainlink" and "Deco has nothing to do with Mixicles".

My sides continue their quest for orbit.

>>20826058
because it has nothing to do with chainlink and mixicles.
How is it possible that you provided all the information yourself and are now claiming that 1+1+3? Wtf?

>>20826090
>Deco has nothing to do with Chainlink and Mixicles

>>20826090
>>20826024
>>20825942
>>20825799
Anon buttflustered so hard he done broke his thinkin bone.

>>20826115
are you legitimately insane?
you posted a screenshot that proves you wrong
do you just operate on keywords like google? chainlink is on site so deco (the protocol) is now related to chainlink, while also being the same thing as mixicles?

>someone gives an honest and well written reason why they won't use Link over Maker
>$8 bagholders screech FUD as usual and don't even respond to the points raised

As usual...

>>20826173
i wonder if its in his interest at all for the guy who runs the oracle team for a product to shill his own teams work

>>20826156

>>20826115
I don't think I've ever seen someone get rekt as concisely as that.

>>20826248
>Google plans to utilize Rust, with a focus on hardware drivers
Do you read that sentence and conclude from it that Rust is related to Google, while also being a device driver?

Is that what it means to have double digit iq? I can tell you convinced you're right, while posting something that proves you wrong beyond any doubt. Wtf.

>>20826278
You:
>Deco has nothing to do with Chainlink and Mixicles

Deco:
>Chainlink plans to do an initial PoC of Deco, with a focus on decentralized finance applications such as Mixicles

>>20824111
based

>>20826278
>17 posts by this ID
>absolutely losing his shit
lmao

>>20826321
again
>Google plans to utilize Rust, with a focus on hardware drivers
does that prove Rust is related to Google? answer

>>20826339
Dude the best thing about /biz/ is when you get BTFO like this you can just bail. Just leave the thread then hide it then go on with your life. You never have to own your failures because there is no accountability.
So just call it, you got rekt.

>>20826339

Rust:
>Google plans to utilize Rust, with a focus on hardware drivers

You:
>Rust has nothing to do with Google or hardware drivers

>>20826371
but I didn't? He's proving himself wrong with every post.
>>20826373
damn even gpt-3 would have answered this one correctly.

>>20826448
You're of interest on a psychological level.

About the governance bit. Can't Maker build their own aggregation contract and then problem solved? They'll be able to chose their feeds and quorum. What am I missing here?

>>20826470
how come you don't understand the semantic difference between using something, as a tool, and being involved with making it?
Are you a leftist who wants to force civil liability on gun manufacturers for gun homicides? Serious question. It's literally the same acausal a-logic.

>>20826545
You said Deco had NOTHING TO DO with Chainlink and Mixicles.

You're now trying to twist this "had nothing to do with" into "they're not related" and "they're not involved in making it".

It's a common coping strategy.

>>20826448
What is wrong with you? A product UTILIZING another means it HAS SOMETHING TO DO WITH IT.

>>20826572
Because it has nothing to do with chainlink.
Just like google has nothing to do with rust (based on that sentence, they may have funded the development in real life).

If it was related to chainlink the relation would be inverted: it would originate from chainlink, rather than something independent that's possibly going to be used by chainlink. Mixicles' paper is explicitly about chainlink, for example.

>>20826493
Ohnonono Maker BTFO

>>20826617
That is insane new meme level copeposting, Pajeet 5000

>>20826617
This is literally the most spurious hole digging I've seen on /biz/ in months.

>>20826617
>Deco has nothing to do with chainlink.

>>20823910
They are scared and will bend the knee soon

>>20826617
>you have to originate from something to be related to it
Fucking lmao this guy.

Neomarxism-tier word bending.

>>20823896
>In the Oracle domain, Chainlink and MakerDAO are competitors.
List all projects/companies that use MakerDAO vs ones that use Chainlink

>>20826681
Trying to reason with link holders is like trying to reason with an alien.
You don't think like a human and you proved this in this thread.

>>20826493
Yeah, what about this?

>>20826722
Literally every single person that read this exchange watched you get absolutely BTFO.

>>20826739
No, apparently every link holder.
A very curious mental deficiency.

>>20823910
>maker’s feed includes a long list of respected actors
holy shit are they retarded? and they claim chainlink is less decentralized than them? chainlink’s endgame is reputation based on losing your fucking linkies if you try shit, not ‘reputable actors because they have a reputation and brand to upheld trust me wink wink’.

They will bend the knee. They all do

>>20826753
boring larp anon barely believable. normans are here do better.

>>20826722
>>20826753
Dat projection.

Rust:
>Google plans to utilize Rust, with a focus on hardware drivers

You:
>Rust has nothing to do with Google or hardware drivers

>>20826763
>maker’s feed includes a long list of respected actors
That's actually funny, because the oracles are literally secret.

It's like he's being sarcastic.

>>20826769
>Rust has nothing to do with Google or hardware drivers
no, your logic would be:
>Rust is related to google and is a hardware driver
as you claimed deco is somehow a mixicle
the negation is
>Rust is not related to google and isn't a hardware driver
which is, of course, correct, even if google uses rust.

>>20826793
>related to
Your words were literally "has nothing to do with".
Not "is not related to".

It's a common coping strategy.

>>20826813
nothing to do with = not related to
it's synonymous.

>>20826822
Sure, which makes your cope doubly confusing.

If Google is using Rust for hardware drivers, then obviously Rust "has something to do with" Google and hardware drivers.

>>20824111
suck a nigger dick simeon

>>20826822
Being related to is typically more specific than having something to do with.

>>20826843
Rust has something to do with hardware drivers, stop trying to manipulate that sentence, rust ISN'T a hardware driver. No, rust is not related and has nothing to do with google (based just on "Google plans to utilize Rust, with a focus on hardware drivers").
Using something doesn't create a relation. Deco appears to be government funded from grants and to be a completely independent solution. Thus, it has nothing to do with chainlink, even if chainlink uses it.

>>20826969
>Rust has something to do with hardware drivers

Then Deco has something to do with Mixicles.
Remember this was your analogy. You just played yourself.

>>20826983
Rust was explicitly created for device drivers, among other things. Was deco created for mixicles? No.

>>20826990
>Was deco created for mixicles? No.
But you didn't say "Deco wasn't created for Mixicles".
You said "Deco has nothing to do with Mixicles".

Strawmanning is a common coping strategy.

>>20827012
Because it has nothing to do with mixicles. It's completely separate. It's not a mixicle which you tried to claim, it can be used with them, or anything else that wants attested external data from ssl.

>>20827035
>Because it has nothing to do with mixicles

So Rust doesn't have anything to do with hardware drivers?
But you just said otherwise: >>20826969

>>20827054
Rust was explicitly created as a language to write device drivers in, among other goals. For deco to be related to mixicles in the same way, it would have to be designed explicitly for use along with mixicles.

>>20827109
But you brought up Rust. This was your analogy.
You're quite literally arguing with yourself now.

Are you ok anon? Hearing voices again?

>>20827122
how? rust was designed to write device drivers. It was directly designed to make writing them better. So it's related to device drivers.
Deco wasn't designed for mixicles, nothing in its design was changed for mixicles, it's completely independent. So it's not related to them.

>>20826969
Chainlink is literally the only one that can utilize deco in the first place
It doesn’t even matter if it has something to do with it or is not related to it
Even though it’s mentioned on the website

Holy fuck this nigga cant stop digging after a thorough btfo

>>20827154
>Chainlink is literally the only one that can utilize deco in the first place
If that was true it would be related to chainlink, but that's not true. It's a library for mpc that attests to encrypted data from ssl. It doesn't need chainlink for anything.

>>20827148
>how?
What "how"?

This Rust thing was your analogy: >>20826278

this is a scummy article full of lies
just some soiboi mad his token doing shit compared to link

>>20827180
what are you even on about?

>>20827178
>you have to need something to be related to it (or to have anything to do with it)

Anon, it’s time to stop posting.

>>20827204
You said Rust doesn't have anything to do with Google or hardware drivers just like Deco doesn't have anything to do with Chainlink or Mixicles.

>>20824496
>Chainlink develops a reputable product
you mean a centralized shitcoin with bad pricing data?

>>20824860
>you really think he doesn't have armed security 24/7?

he literally doesn’t though

>>20827208
>you have to need something to be related to it (or to have anything to do with it)
Including the time during creation (development, funds), yes, that's exactly what it means.
>>20827229
No, I wrote that based on a sentence
>"Google plans to utilize Rust, with a focus on hardware drivers"
1. Rust isn't a hardware driver (you claimed deco was a mixicle)
2. Rust has nothing to do with Google - Google just using Rust doesn't create a relation between Rust and Google

to reiterate:
Deco is an independent project from chainlink and was funded by an independent grant
Deco has nothing to do with chainlink, was neither developed by chainlink nor does it need chainlink to function
Deco is not a mixicle and has nothing to do with mixicles, and somebody using mixicles and deco doesn't magically make deco related to mixicles

Thought Nulink solved the oracle problem?

>>20827319
>33 posts by this ID
my dude, what is wrong with you?

>>20827319
>No, I wrote that based on a sentence
>>"Google plans to utilize Rust, with a focus on hardware drivers"
And this was your analogy for "Chainlink (Google) plans to utilize Deco (Rust), with a focus on Mixlicles (hardware drivers)".

With this, you were trying to illustrate that Deco (Rust) had nothing to do with Chainlink (Google) or Mixicles (hardware drivers).

You seem to have both cognitive problems and short-term memory problems.
Did you engage in high-impact sports regularly?

>>20827410
>With this, you were trying to illustrate that Deco (Rust) had nothing to do with Chainlink (Google) or Mixicles (hardware drivers).
No, stop trying to hide your error: you claimed deco is a mixicle in >>20825567 while posting paper to something unrelated.
Based on your logic
>"Google plans to utilize Rust, with a focus on hardware drivers"
means
>Rust is related to Google and IS a hardware driver

You don't fulfill the requirements to be considered a full person - you could be a useful biorobot, I suppose.

>>20827580
>No, stop trying to hide your error
Buddy the Rust thing was YOUR analogy.

>you claimed deco is a mixicle in >>20825567
lol no, I brought that up as just one of the intricate elements involved in Mixicles.
Mixicles was going to utilize Deco from the very start.
Both the Mixicle and the Deco white papers mention each other.

>Based on your logic
>>"Google plans to utilize Rust, with a focus on hardware drivers"
>means
>>Rust is related to Google

According to you, "related to" is the same as "having something to do with"; so yes.
You're once again playing yourself.

I'm sure ChainLinkGod is preparing a 40 page rebuttal as we speak.

>>20825838
>created by students
Big yikes. Nobody is gonna use this.

>>20827639
>I use windows
>Microsoft is now related to me

>>20827729
lel if Windows mentions me in their seminal founding document, and one of the prime developers of Windows is also a prime developer for me, then you bet.

>>20824111
I bought at 20 cent, took profit and still have huge bags. How does that make you feel?

>>20827727
And Fan Zhang, and Ari Juels.

>>20827727
The most groundbreaking shit comes from compsci students. Because these nerds have actual passion and want to make it whilst they are employed they just spend their time with the full stack and think about when they are able to buy themselves a boat

>>20824022
This is a co-ordinated attempt to shut down biz

>>20824108
What should happen is that chainlink becomes the defacto oracle network within Maker, but create their own network for the data they want instead of relying on sergey's price feeds the cheeky bastards

>>20828297
why would they ever do that

>>20823996
HOLD THE LINE FUD MARINES!

>>20828656
Ask the founder of Maker: >>20824960

>>20826448
you can tell this person came from reddit kek

>>20823896
This post is a buy signal

>>20824108
This.

For one they are competitors. >>20824157

And technically Chainlink isn't actually released until they transition into giving up control once the network has enough of a starting boost.

>>20828801
Especially since he keeps going and going. Like another anon said, most people on 4chan just bail the thread once they are proven wrong. Redditors have to keep defending their point in order not to lose face.

>>20827729
Lol you got destroyed fag admit it.

kek this shit really hits hard for the linkoids. i thought you guys knew that chainlink is a centralized shitshow, even Vitalik mentions this regularly.

And no, Rune isn't "pro-chainlink", he merely states in his post that they can use the CL oracle for the LINK/USD price feed (and only that), simply because when CLs centralized oracle gets hacked and posts wrong data then the token will go to zero anyway and thus all CDPs with LINK as collateral will get liquidiated.

>link is a useless ERC shittoken
geeh, who could've guessed?

kek all the salty nolinker cope ITT

this will only keep getting better

>>20823896
>makers oracles are entirely owned by maker governance.
Stopped reading right there. Centralized controled oracles are never going to work. We see that already with all the defi contracts and even eth. Onchain oracles aren't accurate.
>oracle-related decisions are vetted by maker holders
So they want all oracles to be controlled by maker holders. Basically the devs as they always give themselves a generous supply to keep. Yeah I can see every contract handing power to a small group of maker holders.

>>20824108
Very cool, thank you Sergey.

>>20823896
If you don't realise how bullish this whole post is for Chainlink, I don't think you're fit for crypto. He's basically admitting that oracles is where the profit is coming from, he is admitting that using Chainlink would mean their MakerDAO-buddies lose their 1k DAI monthly allowance, and all arguments against Chainlink's system are all stuff we know is just because the network is just being rolled out (only 1 yr on mainnet, which in itself saw extreme growth to the point that Chainlink is almost congesting the Ethereum network).

Basically Chainlink is growing to hard Ethereum can't keep track. The only fud left for Chainlink is that Ethereum can't scale, which isn't real fud because Chainlink is agnostic.

>>20826030
/life

>>20823896
>Someone who pays for the price feed contract, owns the price feed contract
No shit, retard. If you want your own secure price feed, make your own contract and pay for it.

>>20830481
It's pretty funny how clueless he is.

>>20827727
>facebook

>>20826090
>>20826248
>>20826371
>>20828801
>>20829411
This was a fun thread to read

>>20830481
Yeah, how is this a governance issue? They could literally create the perfect contract that would suit their governance. Also he criticises the number of feed and quorum but this can also be customised. I don't get it.

>>20824170
>Chainlink oracles use external data feeds as opposed to onchain feeds provided by various ETH projects (kyber, dydx etc). This opens a large attack vector.

So what if you want offchain data?

>>20830916
>facebook
>created by students

>>20830994
He obviously wants to use other people's contracts for free, then complains he doesn't have the control over security.

>>20824488
checked, and link's replacement is well on it's way with gravity protocol. LINK token not needed.

Can someone explain to me why this effect LINK, Maker already shat the bed in march, LINK did not. Maker oracles being secretive and centralized means there are inherent and systematic risk using them and they won’t be able to do unique financial products like other defi protocols...

I can’t see how this is nothing but bullish for LINK.

>>20831055
https://blog.chain.link/introducing-chainlinks-meta-oracle-capabilities-for-defi/

>>20831508
Moonman's been smooth since days of killing Jews. Never lose, never choose to.

>>20823910
This reeks of fear.

>>20824002
lel

>>20824127
maker is literally saying "our oracles are a single point of failure, but here's why that's a GOOD thing"
even if the idea is that it gets data directly from sources, it's still a single point of failure on which smart contracts rely on for execution; you're required to trust a single source that provides the data
"cope" is projection you seething tranny

>>20824695
His point was that getting data from off-chain aggregators completely obscures how that data is aggregated. Whereas, MakerDAO’s “data model” is an on-chain representation of sources and how they are aggregated, so it’s completely transparent.

>>20823896
biz has been on some fox and grapes shit with LINK lately. all you newfags and doubters got btfo and now you want us to fail.

>>20824108
this guy nailed it.

the current KYC and reputation system was designed to safe guard the network against bad actors in its infancy and allow the network to function in its youth.

by riding on previously built trust/reputation by data providers, network users TODAY can trust the data from the network. in the future this reputation system should be done away with, but for now it's a genius way to draw in reputable data providers and keep bad actors from attempting to game the system and try to get rewards by colluding on false data points.

basically this is baby Chainlink's sybil resistance, and you all are faggots for thinking this is fud.

>>20832883
The thing is $8 LINK is still cheap, these fags will buy at $50.

>>20832943
People didn't believe for the last 3 years that anything under $10 is literally printing money. The time is here and all the FUD is being rolled out at once.... almost like something big is coming..... something like staking and ETH 2.0..... hmmmm.... me thinkie we go uppie

>>20823896

So the Zeus FUD was not actually FUD.

Stinklets BTFO

>>20833287
>Report from a made up company report created by soon-to-be-liquidated gambler with a vested interest and a history of financial fraud is 100% fair and accurate.

>>20827394
redditor, they dont know how to let go
imagine arguing with a stranger long enough for the conversation to digress into discussing the wording of an analogy used to describe basically nothing, honestly ruined the thread

>>20833527
One too many reports in there, ignore that.

>>20832883
No, brainlet. It has nothing to do with KYC.
The data feeds are smart contracts, you make one, chose the nodes, the security level and the fee and run it.
The Maker brainlets are using someone else's price feeds for free and complaining about them being centrally controlled by the contract owner.

>>20826722
If that's the case you just got anally probed by the ayylmaos

another peg in the link take down

>>20827729
Wtf anon. Don't post personal pics . You are gonna get doxxed

>>20823896

Tellor absolutely BTFO'd LINK.

>>20824002
>guess 5 BTC goes a long way for Maker devs after their total oracle failure in March, sad

Didn't fucking Chainlink fail in March during the sell-off and lose one of their clients a few million dollars?

You fucking faggot.

>>20824002
chainlink failed at this time too, retard. it's bearish for the whole oracle space, not just maker or link.

>>20834573
That was Maker, someone got millions of $$$ for $0.

>>20823896
This is how a blind person thinks.
Because that's how things are currently done doesn't mean it will stay that way forever and it's a good idea to continue using the same model.
In the end he is afraid of what Link will do to his business model, because he understands his business model is guaranteed to end with his bankruptcy once Link reaches a good enough market maturity.
His decision to refuse to adapt will only cause the result to happen faster as new concurrents will appear to challenge his outdated views.

We are coming for you, Linkies

>>20835122
Band keeps losing partner to LINK you fucking retard.

>>20835153
Kek, whatever helps you sleep at night

>>20835122

What a shitshow lmao.

>>20835234
Poo in loo

>>20835241
>>20835304
Damn this 17% staking returns sure feel good, how much are you guys making with Link again?

>>20835122
WOWWW THAT'S SO SCARY LINK BTFO
Jesus christ, band niggers are just fucking sad.

>>20823896
based

>>20823896
Link is going back to .10 cents where it belongs

>>20826030
75% percent of my time on 4chan is not a lot of my time in general

I am doing fine why thank you. I just logged on today just see how many people I baited.

You low iq neets are so entertaining

>>20825444
Checked and true which is why you received no response

>>20824738
Did you really just claim you have multi million dollars? kek

>>20833640
>The data feeds are smart contracts
Swing and a miss

>>20825799
this. jfc, no point in talking to link cultists. Theyre ready to jonestown once LINK retraces to $1

>>20827752
i guaranteed you have less than 200 k in networth

>>20826545
>how come you don't understand the semantic difference between using something, as a tool, and being involved with making it?
because linkikes are a deluded cult. Thats all there is to it. There is no rhyme or reason. They are as deluded as trannies cutting off their dick.

>>20823896
UNBELIEVABLY BASED OH MY GOD I JUST SHORTED LINK

>>20823896
>moons in the face of weak FUD
I'm proud of you LINK. We are all in this together.

>>20835498
Band went from 40 cents to $5 in this year alone. Something that took chainlink 3 whole years to accompolish

>>20835234
>atomic wallet
fucking nice. thats legit a huge wallet, much more popular than vaporware shit like synthetix.

Vitalik also sorta endorse BAND too cause he retweeted a stablecoin (mai?) which is powered by BAND

>>20835944
bought massive stacks in pre-ico and ico and still holding. During 2017 lots of anons bought 20k-50k on avg - I just bought a lot more. seethe more nolinker

>>20836399
And which company did China choose for BSN?

>>20835709
it belongs at 0. I dont get how FBI isnt raiding Sergey's home desu. It illegally sold unregistered securities. Like, it objectively, no denying it, sold unregistered securities. Any person with enough money could file a class action lawsuit against chainlink right now for not being registered by SEC

>>20836240
>still out of top 10
nice
>>20836444
im sure you did anon. im sure you did

>>20836477
oh yes, the great great great BSN. The company no one on the entire planet cared about or knew of until it started shilling chainlink. All these years of China hyping up the digital yuan and blockchain and no mention of BSN at all till it started shilling chainlink.

yes, very legit indeed.

>>20824157
Wow makerdao BTFO

Done reading this thread. very nice, along with Zeus fud. But the link trannies are still cutting off their dicks.
overrall, it seems the crypto world is getting more and more sick of LINKs bullshit. Im going to bet by November this year, Linkies will be Jonestown once their shit token falls below $1

Zeus LLP already says they are preparing massive lawsuits on LINK for being unregistered security

>>20836610
Okay simeon, i’m gonna enjoy life, enjoy getting decapitated by slavic mobsters.

>>20836610
5 BTC deposited into your wallet, thank you for your service

>>20836528
Point being they had a home grown solution in Band. If you knew anything about China you’d know how protective they over their own industries. Band must be an absolute dog-vomit tier level of usability for China to choose a foreign solution. The coping and seething in this thread is palpable. It’s not our fault you didn’t listen. Anybody with any amount of Link is comfy. Everybody else is full of angry regret and jealousy.

>>20836501
dude...how is it like living with down syndrome? it must get hard sometimes right?

>>20823896
>ALL this made up FUD
>Fernando delays the project and causes massive dump and nobody bats an eye
Feels good to be a Fernandomarine chad.

>>20836444
Agree w this I’m holding 65k from presale

>>20836610
So you’re saying a made-up company fraudulently committing numerous degrees of fraud and market manipulation are going to stroll up to the SEC and point the finger and call somebody else the bad guy? Have you been at the medicine cabinet again?

>>20824002
hearty kek brother

>>20824002
i hold link, but let's not muddy shit up with lies. link failed in march as well. we all need to stop being faggots and start being skeptical about everything we're holding. actually, i don't care what you guys do, but i'm gonna be skeptical so i don't lose money. you guys enjoy being poor.

>>20824263
5 seconds ago everything was a whitepaper and cryptokitties

>>20824263
And while you were out partying I studied the oracle problem

>>20823896
NS:DR

Market Capitalization

ChainLink
2,813,329,920

Maker
503,980,589

>>20832697
Makerguy is dumb, he's saying its bad to aggregate. What happens to his contracts when something like LINK/USDT reaches 0.0001 on one pair like it did on binance a few weeks ago?

You have to aggregate to make sure the data clean and not biased for the smartcontract to interpret. Obviously the guy isn't a legacy data developer as this is fucking basics
This recent link FUD is all cope from latebuyers. We have seen it all and in a few months when we hover above $20 there will be new fud and new retards to buy it

>>20836873

fully agree. the link cult is useful for hypebut it's not good for actually planning entry and exists. like based on this anons chart ive always planned to sell at least part in the 20-50$ range and i get called a faggot by people holding out for 1000 eoy. i just try to keep my head on straight

Link is fcking retarded as a project. Let's be honest.

>>20837475
Its not about the others, its not about being called a faggot. It's a simple fact that if you sell at $50, you will rope.
But you know, no one knows shit and everything could be heading to zero - that's your feminine conservative reptile brain talking. Chads hold to $1000

>>20837475
you don't get it, you are a faggot no matter where you sell

>>20823896
Who?

>>20837475
yep. and i can't hate the linkies because they are the reason why this token of all the coins and tokens out there holds its price well, it's got a cult like no selling core belief and i love all you because of that.
but i also hate you guys for everything else.
i mean i can't even go to chainlink's twitter to see the great news every day without seeing leaked memes from here all over the replies. i can't get away from the retardation.
on one hand, i wanna hold link until it's at $100, but on the other hand, i wanna sell so i can filter out all link threads and move on with my life.
and the whole link marine shit is the most cringe shit i've ever seen. it was cool in 2017, it was kinda gay in 2018, but now they're just actual faggots sucking each other's figurative cocks.
thanks linktards but also i hope you all die.

>>20834573
>>20834900
btfo lmao

>>20838516
>i hope you all die

WE DON'T DIE WE MULTIPLY

>>20836677
Chinese would respect the white man over jungle asians.

>>20823896
>brown id
>"piec"
OP comfirmed piece of shit

>>20827696
Kek based clg

>>20839013
The Chinese in business are as shifty as fuck and would boil & eat their young if they thought it would give them the upper hand. They have zero respect for protocols or any semblance of fair trading.

>>20823896
>Fucks up and walks away Scott free

>>20839691
I have worked with chinese people and this isnt 100% wrong

>>20834900

NOPE, there was definitely a major failure on Chainlink's Oracles, let me find you coping faggots the correct references.