/biz/ - Business & Finance

wait what

>>23283580
is it because of arbiteum?

what the fuck? delete this

>>23283580
I-is it really happening tonight?

>>23283580
holy shit it's ogre

>>23283580
Thanks, OP. I just shorted 1000 chainlink.

Bros I'm scared, it never takes this long, why aren't the endpoints responding to any http calls. I've tried with TLS 1.2, 1.3 both don't work. This shouldn't happen. I'm swinging for a bit.

AAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHH WE WERE ALL SUPPOSED TO BE IN THIS TOGETHER

>>23283580
Thanks for the heads up laddering my sells into BTC as we speak

>>23283580
What feed is dis?

>>23283640
we are. that's the problem. all the nodes, together, have failed. so we have failed.

>>23283580
Sure this isnt a bug on your end? I'm not selling.

single digit shitcoin

>>23283580
LMAO FUCKING SHIT COIN

BACK TO 30 CENTS STINKIES

>>23283580
this is the first time im worried bros pls tell me its gonna be a okay

>>23283848
it sover. we cot too gocky. over its

post source or fuck off

>>23283580
https://app.flipsidecrypto.com/cooperative/chainlink
Old news. All link pulled out of nodes 2 days ago.

Uh oh this isn't good, looks like rogue smart contracts have caused the price to go negative

>>23283853
nah I just checked everything is running should've checked before responding to this thread but I thought everyone on the internet was truthful guess I was proved wrong today

Hello? Weak handed faggots GTFO.
1000 EOY.

To all the weakhanded faggots that sold, thanks for the shorting opportunity hahahahaha

>>23283580
which website has the data like that?

>>23284143
masterfully executed sire

oh shit, oh shit, are you kidding man.

>>23283580
LINK is a mess

2 hours and 45 minutes until the next price tick. what are they doing? this is unironically proof that this shit is not decentralized and that defi isn't defi because they can shut it all down when they have to.

>>23284431
All the current contracts are run by Chainlink, they're the contract operators.

Whether the contract runs or not has zero bearing on the functionality and decentralization of the oracles, but everything to do with the contract itself and its operator.

I

N

holy shit they just bumped up the heartbeat time again to 3 hours, something is clearly not right

>>23283580
rip. the sweet dream is over. let the nightmare commence. LINKniggers btfo

>>23284447
fair point but they're supposed to be a public utility, or chainlink has done a bait and switch. if you believed sergey and relied on him for price data, you probably just fucked yourself and your consoomers of your defi ponzi game because now you're frozen

>>23284444
checked and confirmed hack by joggers

>>23283580
Meanwhile CHINKED Protocol(ticker:BAND) literally tells people that "oh yeah, expect no fucking data for hours also thanks for the money round eye"
https://mobile.twitter.com/ChainLinkGod/status/1316424359913959429?s=20

finally this LINK autism gigapoomp is over. race to the bottom bois. this news is gonna be HUGE. dump it now.

>>23283580
Fake and gay

feeds.chain.link

>>23284480
>they're supposed to be a public utility
Eventually, yes.
But right now all the contracts are run by Chainlink. And Chainlink itself is not a public entity.

>if you believed sergey and relied on him for price data, you probably just fucked yourself and your consoomers of your defi ponzi game because now you're frozen
lel imagine being this dramatic about literally the most reliable price feeds in existence.
We don't even know what's going on yet.

>>23284509
>ChainLinkGod

>>23284537
Are you saying he's lying?

>>23283580

>smartcontracts are limited because they rely on a single point of failure
>all nodes are down at the same time

You can't make this shit up.

>>23284555
This is most likely related to the contract itself.
The contracts themselves aren't meant to be "decentralized", they're meant to be whatever the specific operators/users want them to be.

Whole thread smells of band jeetcurry

>>23284550
everyone knows band is shit

>>23284536
well we know that the price on chain has frozen and depending on what you built into your contracts, your operations will either freeze or something bad will happen to your contracts, especially when people can bet on price or something now that it is stagnant for the next 3 hours. just saying, i know nothing yet is final and probably not much at stake but it's weird that this happens without notice, or at least i haven't seen or read anything. we'll know in 3 hours.

>>23284580
Tell that to Bloomberg, Loopring, etc.

>>23284589
See >>23284570

>>23284536
>>23284589
scratch my 3 hour statement, it seems they are resetting the clock of 3 hours again and again, so they can probably set it back to 5 minutes as soon as whatever they're implementing or fixing is implemented or fixed.

>>23284600
yeah, i know it's set up by chainlink, a contract written and issued by chainlink to gather price data from nodes every 5 minutes. but sergey said 100 times that it's supposed to be a constant drip of price data and that they will do everything to guarantee it, so i'm not saying the structure is flawed but that it seems that they fuck their reputation right now because there's no way independent developers who relied on this price feed knew this would happen, or is there a tweet or something?

>>23284636
Obviously something is going on, maybe it's bad maybe it's good, maybe there was no communication or maybe it was communicated internally.
Point is this is contract related, with no bearing on the decentralized nature of the oracles.

Give it to me str8, is LINK going back down to $8

https://feeds.chain.link/btc-usd
works on my machine

>>23284590
they all know this too, they just don't want chainlink to have monopoly

if they’re implementing arbitrum will this cut down gas costs for the node operators

>>23284813
7.30 was the bottom potentially hitting 9.40 in the next couple of days. THen we Return back to 13......sorry for typo durnk.

A NODE JUST FLEW OVER MY HOUSE

>>23284795
>maybe it's good
retard detceted

>>23283580
Stop with the FUD reeeee

>>23283853
>>23283893
>>23284861

/biz/ is a shit board but you assholes make me burst out laughing sometimes

Can we just fucking get staking holy shit

>>23284974
Holy fuck all of them are still going down?

They have recently released the flux aggregator thingy which basically entails scanning for changes in price and updating the feeds if necessary. They they no longer update at regular intervals.
This is good for us as it means node ops will use less gas, will earn less chainlink and will dump on us considerably less.

>>23283580
>https://feeds.chain.link/btc-usd

Fucking hell this FUD is worse than usual, it's literally you all talking to eachother in the same board. Can't you stay in your discord for that?

t. someone who does not give a fuck about babbys first manipulation short

>>23283580
you forgot to mention that that kind of crap doesn't happen with better projects like xBTC

>>23284857
based.

I’m a gay man of color and I demand you tell me if I should buy more or sell my Link.

>>23284509
>takingf band being transparent as a bad thing
this is why you retards will NEVER make it. While your shitty JSON parser goes off without any announcement, band actually informs everyone that there’s a maintenance.

>>23283580
Every feed is being updated in feeds.chain.link, it's likely something on reputation.link's end, the system being used for reporting nodes data has failed them, but the nodes themselves are actually working fine and working flawless

>>23286558
why not both?

>>23286707
Jason Parser? He's Rory's daddy

>>23286707

>>23283580
what;s the source of this?

>>23283580
Thanks, just sold all my Btc.

bump

>>23283794
Get a load of Pajeet! All he talks about is bugs.

>>23283580
OH SHIT, FEAR HAS JUST BEGUN, HASN'T IT?

SIRGAY BETRAY SIRGAY BETRAY SIRGAY BETRAY

omfg i lost all my money wtf

>"decentralized"

>>23286808
Please refrain from using afrophobic, homophobic rhetoric.

>>23290361
No.

>>23285281
noticed that too, still holding, listen to him speak and you willl the very convinc.
https://www.youtube.com/watch?v=mPKG0nYP82s

>>23290361
this isnt plebbit and this isnt your safe space nor will it be queer. now tuck your balls in your panties and stop being such a nancyboy cocklover you weak ass bitch.
I dont care if you're kidding or not I hate you types of queers trying to safe space the world and internet cuz boo hoo a mean word was said and it might hurt someones fee fees. how bout you do what everyone did til a few years ago and toughen the fuck up and quit being a pussy ass bitch made cock loving faggot. god damn I hate safe space estrogen injecting reddit queers

We're all going to make it, frens