/biz/ - Business & Finance

High-Speed Data Acquisition

>>22469762
Did those fucking subhumans insects aka chinks just copy pasted etherscan?

Anyone else worried about the fact that every time LINK is ported to another blockchain there could be a vulnerability in the porting mechanism, causing infinite linkies to be printed and then dumped?

I've stayed out of the loop lately, i know cz got his own chain but is this a port of link there? for what purpose? are links locked on eth and minted there?

>>22469875
yes
>>22469815
the number would still be limited on ETH which if your contract allows that on your blockchain its a sign your blockchain is inferior.

> 1 milly linkies are out of circulation
wtf I love chinks copy and pasting Western hard work now

>>22469762
>The crypto-pegged tokens, based on the exchange’s BEP2 format, will be backed by Binance’s reserves of the pegged cryptocurrency. Before the news was announced Monday, CEO Changpeng “CZ” Zhao tweeted a warning of an impending move of bitcoin for the purpose.

Good news. You will be able to trade LINKB that is backed by Binance's own reserves of LINK. You can even withdraw it and keep it knowing that Binance is also keeping that amount of actual LINK in cold storage. Does this do anything to the price of LINK other than creating arbitrage and allowing them to trade more LINK than they have?

> trusting chinks
does this mean the LINKB are a derivative or a synthetic asset class or are we dealing with something completely different?

Ah. It's just for DEX trading because they are afraid of the liability when they inevitably fuck up implementing atomic swaps. You trade the Binance version of LINK on chain then redeem it. Are they using BAND for the price feeds?

link stink

>>22470088
It's a coupon for redeeming LINK. You trade it on their DEX and pray that they have the LINK when the time comes. Supposedly the pricing pegs within 0.1%. Just started reading about it.

>>22470088
It's like wrapped Bitcoin
Honestly the whole idea is great, you lock your tokens on eth and can do all the uniswap trash you want on binnances shard, then when done you withdrawal shit to main net.
I am surprised uniswap does not have a shard for this shit. I would take a PoA chain super centralized over a centralized exchange where all the books are faked. At least this provides order transparency.

>>22470144
based, chekt

>>22470008
>During the Ming Dynasty (1368–1644), a Ming emperor conferred seven surnames upon the Jews, by which they are identifiable today: Ai (艾), Shi (石), Gao (高), Gan (甘), Jin (金), Li (李), Zhang (張), and Zhao

>>22469762
How is this good for link?

>>22470144

>>22470142
>>22470144
based. uniswap might be waiting for arbitrum just quietly.
>>22470251
those link are effectively out of circulation and if it takes off and exchanges need to have a certain percentage of link on hand to fulfil the conditions of the contract they wont be trading those link.
but how into fractional reserve lending if locked link must be at 1:1 with wrapped link generated

>>22470487
Cope. Link is fucked. This is literally a scam.

>>22470511
> tfw you're not the center of attention here
>>>/discord/

>>22470543
Bro i know 4chins, i code solidity, i hack on main frames, link is a scam KYS

>>22470565
And here you are, priced out forever

>>22470565
bro you don't belong here it's ok. link may have paid for gender reassignment surgery but you'll never be a pretty girl

>>22470232
No fucking way.

bump

SOMEONE JUST EXPLAIN THIS DEFI WRAPPED FARMING YEILDING VOODOO TO ME NOW OR ELSE. It seems like a Talmudic Ponzi.

>>22469806
certainly looks like it. not a big deal you know, it will always be like this. just like some people have enjoyed wearing romex watches and nikee shoes, they enjoy binance products despite their lack of originality and drastic inferiority to the original products

Is this another fucking chink dupe??

>>22470232
absolutely no fucking way. chinese jews?

>>22472783
the chinks and jews fight each other once ejected from the west

>>22470008
>does this allow binance to make money off me using their exchange???
gee idk anon better ask google

>>22473895
roll

>>22469762
Brainlet here could you please explain in simpler words what does this pic means please?

>>22469762
>https://bscscan.com/token/0xf8a0bf9cf54bb92f17374d9e9a321e6a111a51bd
I don't get it? What is BSC? I'm sort of confused how an ERC-20 token can just be "ported" to another chain, isn't Ethereum the only blockchain intended for it?

>>22473986
> wrapped link
no. link is a multi chain confidence scam.

>>22470232
Can't make this shit up

>>22473986
How fucking new are you? Look up the term "blockchain agnostic" and look up the term "wrapped" and then use google before you want to post something pants on head retarded

could you please explain in simpler words what does this pic means please?

>>22469762
why is it total supply 1 million and CS 500k?

>>22469762
no one wants your shitcoin sage in all fields

>>22469950
They're not out of circulation brainlet. They're just on another chain

>>22474885
Thanks for the spoonfeed, tard

>>22470008
What the fuck?? These aren't link wrapped tokens locked up on eth??? These are some great value link tokens issued by cz???! Do not buy this!! Do not buy it!!! This fucking guy is gonna dilute our mc and if his fucking peg has an issue it's gonna crash link!!! What the fuck is this even legal?

>>22475018
>just on another chain
which one?

>>22470565
I'm actually a Wendys chef making 30K/year and raped your mom behind an Arbys, you can call me daddy

>>22475018
so bearish if true?

>>22470232
OY VEY DELETE THIS RIGHT NOW WHAT IS IT WITH THE ANTISEMITISM YOU RACIST INCELS THIS IS THE FINAL STRAW

>>22469762
Gresham's law in crypto? Bullish for link

>>22475463
LINK has value confirmed. Never selling

>>22475058
>calls the guy spoonfeeding a literal mental midget the tard
Lmaoing at your life <100 iq scum