/biz/ - Business & Finance

>>23322749
holy shit why did sergey hire a 10 year old lol

>Ben Chan was previously CTO of BitGo, where he successfully built and secured the first, longest-running, and industry-leading crypto custody solution now used by many of the largest institutions, exchanges, OTC desks, and brokers in the world to secure billions of dollars in cryptocurrency assets. Ben also played a crucial role in the creation of Wrapped Bitcoin (WBTC), the most liquid and widely-used form of tokenized Bitcoin on the Ethereum blockchain, which is fully backed 1:1 by BTC held in BitGo custody on the Bitcoin blockchain. Ben has proven his deep expertise in architecting and productizing secure infrastructure and has recently stepped into a new role as VP of Engineering at Chainlink, where he will support the team as the Chainlink Network enters a period of rapid growth.

>>23322749
>supposed to love 4chan
>hires ben chan
Why even live, this fuck wasn't even born when Ari wrote the wp

>>23322749
>>23322775
All competent blockchains devs are 12. 30yo boomers just make shitty websites

Don’t you faggots know by now that Chinese people are more educated and harder working than obese western NEETs? I say this as a white man

>>23322749
Unironically a huge talent. Excellent hire serge.

I don’t actually get why they needed to upload this chat.

It was like the second half of the job interview. Nothing was gained apart from me wondering why the fuck it should be uploaded.

A single announcement tweet would have sufficed.

>40k linker since 2017

>>23322749
He's the son of a powerful CCP member, this is bullish.

>>23322749
This is great. Seems like a wunderkid and has already proven himself.

guess the next chainlink hire

>>23322787
Pretty impressive actually

Wow another White/Asian hire. Really progressive there Sergey. Is LINK even trying to become a serious mainstream thing? What a joke.

chinese own chainlink

>>23322892
White silence is violence Sergey. We need to know your stance here.

how does wbtc work

>>23322930
DO YOU DENOUNCE WHITE SUPREMACISTS SERGEY????

>>23322843
Haha

>>23322951
All I know is they also just recently integrated link oracles and that's probably part of the reason why Ben was hired? It added 1 billion to the value secured by link which is a very big deal.

>>23322981
ben kind of it explains it in the video, they use proof of reserve calls (deco I guess) to prove that they have 1:1 backing for the locked btc ported onto ethereum

>>23322834
sauce needed

>>23322749
>Child labor
Avowed

>SN: what will you be working on
>BC: scaling solutions to reduce gas fees

>>23322843
Orientals live longer. This kid could do another hundred years of work for Sergey.

>>23323045
Minister Chan

>>23322749
https://twitter.com/bencxr?lang=en

>>23322749
ohhh shit
it's happening

>>23323018
How did they do it before using link oracles?

>>23323313
test

>>23322787
>productizing
holy fuck i hate jargon. i've held since ICO but i'm selling because of that word

>>23322866
Shit I gotta get out of programming before these kinds of prodigies enter the job market.

>>23323354
they pay an (((external auditor))) to check the BTC reserves once a month and in between audits its just "dude trust me". now it will be checked in real time

>>23323432
Have a look on LinkedIn, they're building out full HR and Comms team. This is the cost of evolving out of a startup.

>>23323618
This is big.

Also consider why he'd leave bitgo as cto to join another firm as a lower position when he could have been cto for any other firm.

>>23322813
probably this. I search the web using my Facebook status update bar.

t. 37

Sergey looks so fucking bored though lol

>>23323683
LoL.

>>23322866
>>enter wrong password, put in spaces, accidentally find glitch
So this is the power of the next generation

Back in my day we proved our worth by floppy booting our daddies PM 4400, and using webcrawler to snag 16kb images of TITTIES

is bitgo any good? anyone used it?

>>23322787
>which is fully backed 1:1 by BTC held in BitGo
and whos checking this? lol

>>23323658
https://www.linkedin.com/company/chainlink-labs/people/

I wish Ben Chan all the best in his new role at Chainlink. If he's employed by Chainlink then he is without a doubt worth his salt.
I look forward to seeing great things from this man, and am certain we will.
Well done, Ben!

>>23322749

100% this is Sergey and adelyn’s lovechild

>>23323880
He’s been genetically modified to rapidly grow physically to age 8 and then remain there for 200 years.

>>23323789
a chainlink PoR "proof of reserve" oracle

>>23322749
THATS FUCKING RIGHT THIS KID IS A MONKEY GENIUS
https://www.youtube.com/watch?v=8pLU6bUFoKY
LINK $1000 EOM LETS FUCKING GOOOOOOOOOOOOO

another huge piece of news on the engineering side
this was dropped low-key on the SDL account one hour ago instead of a big blog post by the link team, but it is a very big deal
this increases API security tenfold

>>23322787
Phew. Thank god he's not a nobody and has an impressive background.

>>23322749
Sergey hired super talented guy, great job!
Ben Chan is the god of crypto.

>>23322749
Ben Chan aka Ben Chain

>>23325363
Nice find. The good feelings never stop.

>>23322787
billions of dollars worth of dormant BTC about to pour into defi and still nobody is talking about link...

>>23325666
B-based?

>>23324101
the technological capability to put an end to fractional reserve systems...

>>23322892
gtfo with your diversity bullshit.

when you run your own billion dollar company you can hire all the niggers you want to run it into the ground. but you wont because you would hire the most qualified person for the job.

>>23323172
Minister YOU

>>23322787
Holy fucking based

>>23325964

>>23322749
ask and you shall receive OP, solid thread

>>23322749
>>23322787
Not bad

how is this hire impressive? im willing to bet nobody here had even heard of Bitgo before this interview. They could have done better instead of hiring Chinese guy and risk him selling Link secrets to China government.

>>23322749
bullish af. china is already the leader of the new new world order. 90K RMB EOY.

I don't really give a fuck about the guy's creds but the timeline is really unimpressive. It's almost 2021 and they're just getting off the ground with half of the bullshit theyve promised

>>23326940
v1 by EOY
including tsigs, mixicles, and basic (custom) staking for use cases like arbitrum. nb - penalty reward staking for oracle jobs wont be in v1

Ben has been their VP of Engineering for at least 4 or 5 months, idk why they're just announcing this now, sounds a little sketchy honestly

(semi-insider here no larp)

>>23327112

Eoy price prediction.

>>23326940
Anon, what would the point of staking be if there's no demand for the oracles? Defi has provided several excellent proofs of concept, with another (proof of reserve) right around the corner
I'm sorry, did you think it was going to take LESS than three years to build a major component of the Web3/4IR infrastructure? Link has already done a 70x from ICO. If you've actually been waiting that long, nobody is forcing you to hodl everything. You have no right to bitch that someone else's work--work that will presumably make you a multi-millionaire if you've really been in for 3 years--is taking too long. He's already given you a 70x for fuck's sake

>>23327021
is this on Pivotal or what?

>CHILD
>LABOUR
Sergey is just like Steve Jobs

>>23327132
sorry anon not that much of an insider to give a good answer to that, I just work on another ethereum project

I wouldn't expect any big chainlink-specific movement for the rest of the year though

>>23327145
I hold a top wallet but would rather not wait til I'm out of my prime to enjoy this investment. You're right, I could've gone all in Tesla or Shopify in 2017 instead and made just as much if not more. I've been living cheap for too long, time to enjoy life

>>23327180
There's no shame in living cheap anon, especially if you want to create generational wealth, create an impact with your stack, etc.
Have you yield farmed at all? With a top wallet you could, at the very least, farm aLink or take out a DAI loan on Aave and farm that. That way you wouldn't even have to sell any of your stack
But there's no harm in selling tiny bits as a reward, especially for something you don't need but would really benefit from. E.g., you don't have to go buy a new wardrobe, but replace your shoes if they have holes. If you drive a real beater, you can finance something in the $7-$10k range and use farm yields to cover the payments. Stuff like that
We're all in this together fren, have patience!

>>23327282
what's the best way to earn a return on my 1000 aLINK right now? I have it sitting in yaLINK atm not earning anything for the past month. :o(

>>23327282
I think I may do that and then DCA what I sell for a few things to fix up my daily life

>>23325964
Say that in public racist bitch

>>23327180
Percentage wise you wouldn't have done as well but your value would be more easily converted to fiat without crashing Tesla ( that much money being liquidated out of Shopify could tank it multiple percentage points.

>>23323868
Sergey won't fuck you, you know.

>>23322892
0/10 bait

>>23325812

Holy shit this is the next DEFI pump. What percent of BTC is wrapped I wonder of its total value.

>>23325812
this is a good point
which defi tokens should I be holding?
aave and synthetix?

>>23322749
Chainlink? Never heard of it. https://github.com/Badger-Finance

>>23322775
a literal boy genius

>>23322787

Architect of WBTC

Soon to be Architect of WLINK on every blockchain.

$1000 is fud.

>>23327384
You could get a loan in DAI or USDT and farm that. Hotbit offers defi smartpools that farm across multiple platforms / risk levels; stablecoins get about 17% apy right now
There's also always cefi like crypto.com for guaranteed 6%
>>23327399
checked. I looked after reading the post above yours and the YFI yield for aLink is super low right now. I'd consider some of the options I listed above. As a disclaimer I'm not yet sure whether receiving synthetic assets in return for staking constitutes a crypto-to-crypto taxable event under US tax law
But the principle remains the same--don't forego little expenses that pay their own dividends. A "big" purchase I'm considering is invisalign for my fucked-up teeth; if it helps me get a better job I can DCA with the additional salary and don't end up losing any of my stack in the long run. Then there are tons of little purchases that can prevent more expensive problems later on, especially investing in your health. Paying for proper heat in the winter, new shoes when your best pair has holes, a proper mattress when you're sleeping on a patched-up air mattress--these are all things that I went without when I was dead broke (unemployed out of college, pre-link), and if I had had my link stack back then at today's prices, I think selling 100 Link to not be miserable for a winter would have been justified and actually helped me find my first job sooner. Sorry for the blogpost anon but just want to get my point across

So the new role of BTC is to get wrapped and used on Ethereum... Imagine being a BTC maxi lmao

>>23327384
>1000 aLINK
How many Chainlink did you stake to get them?

>>23327979
Aren't you afraid of CEXes like crypto.com?

>>23322749
Chainlink looks increasingly like a CCP plant, you're going yo be smacked so hard by Trump soon linkies

> yfw Chainlink proves reserve so no jewish tricks unlike the central banking system and pm
> yfw Chainlink will prove the next US president using exclusive AP data
> yfw mfw
> mfw I have no face
> get on the floor
> everybody walk the dinosaur

wtf MY name is also Ben.
And I'm also asian.

>>23322813
they are also incapable of simply not scamming

>>23322866
if you actually read that image you linked the kid doesn't sound that smart and this sounds like the media pumping up some retard for views

>>23322749
天安门动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 Ai Wei Wei 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门 Umbrella protests 免费香港 Extradition Law 纸老虎 Hong Kong protests 李文良医生 Democracy won the Vote 习近平的阴茎很小。 每天晚上,在上床睡觉之前,他都会吞下几加仑的非裔美国人的阴茎汁。它充满了他的胃,使他忘记了自己难以置信的小阴茎。还有,他妈的中国,台湾第一。poster

>he looks young so opinion discarded
How much of an actual racist and literal retard can you be. The only reason I'm in crypto is because the "kids nowadays" understand it without understanding it at an instinctual level. They think in terms of vbucks and other shit more intensively than they do the dollar - AND THAT'S A GOOD THING.

tl:dr babby face good choice ching chong

>>23322749
>Thank you for joining, so let's get straight to the point. What made you want to apply for this job, was it because you want to improve the chainlink token code or...?
>what the FUCK is a chainlink?
>Uh alright, so fundamentally speaking what is your favourite burger?
>for me, it's the BIG MAC
>FUCKING HIRED BASED AND REDPILLED WELCOME TO OUR TEAM

>>23322787
Yes, just like Justin Sun was CEO of Ripple Labs...
Common chink scammer tactic, they setup a copycat named company.

>>23323880
!!!!!!!!111

>>23326894
Chainlink is open source, my dude.

>tfw this is the thread that finally makes you realise all the memes about smart autists pretending to be retards to scare normies were actually memes
>tfw you've been hanging out with actual retards for the past 3 years
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA