[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 213 KB, 1125x1041, 0109231D-BD8A-4D7F-8BEC-3566FD2EF34F.jpg [View same] [iqdb] [saucenao] [google]
21520173 No.21520173 [Reply] [Original]

Smart Contracts provide the ability to execute tamper-proof digital agreements, which are considered highly secure and highly reliable. In order to maintain a contract's overall reliability, the inputs and outputs that the contract relies on also need to be secure. >Chainlinks provide a reliable connection to external data that is provably secure end-to-end.

We’re relieving humanity of a fundamental task we no longer need to address. How will we evolve from that?

>> No.21520805

>>21520173
Technology is never as amazing or world changing as you imagine. Smart contracts are cool, but they aren't going to completely revolutionize the world even if the inherently boomer business world adopts them and actually uses them this time

>> No.21520826

>>21520805
You obviously have an extremely low IQ if you think this.

>> No.21520862

>>21520826
Just like I had a low iq when I called that crypto wouldn't revolutionize the world of currency, or that Kurzweil saying we would reach the singularity by 2020 was moronic

>> No.21520925

>>21520805
Until boomers die out and are replaced in a massive overhaul by zoom zooms, this.

>> No.21521250

Russian fraud.

>> No.21521468
File: 141 KB, 460x648, 1597407365312.jpg [View same] [iqdb] [saucenao] [google]
21521468

chainlink is great, but it's basically like the qualcomm of the crypto world
projects will use it, but it'll be overshadowed in valuation to the projects that do use it, like any defi project once eth can scale
defi is big, chainlink is necessary for it, but people won't be buying anymore link once eth can scale well and defi lending/borrowing, exchanges, derivatives, yields, etc. can take off even further than they already have and people just buy into all those tokens as investments in what will be huge 'businesses'
still, i'll hold my link till then, it's probably still got a little ways to go left

>> No.21521908
File: 647 KB, 1200x756, Muh Meme.png [View same] [iqdb] [saucenao] [google]
21521908

>>21521468
>defi is big, chainlink is necessary for it

Any decentralized oracle network, really. Theres like 10 out there.

Flare will win though, simply because its backed by xrp

>> No.21522060

Beside there are oracles working finely already.

>> No.21522107
File: 55 KB, 500x424, 20200219_105546.jpg [View same] [iqdb] [saucenao] [google]
21522107

>>21521908
yes fren, xrp is pretty prolific
its used by many banks

>> No.21522136

>>21520805
Based

>> No.21523004
File: 179 KB, 1910x1000, 25F133E7-54CD-43E9-B73B-B43B7062BE46.jpg [View same] [iqdb] [saucenao] [google]
21523004

>>21520862
>internet is just a fad
>we only need faxes and pagers
>why would anyone put their credit card over the internet
>why shop online when we have magazine mail order?

>> No.21523699

>massive unemployment