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> think there is two very important factors that developers who are looking to get in this industry should consider very, very very seriously when comparing it to other endeavors they are looking to do. I think the first one is that this industry while already having over 25 billion in value locked in various applications, is just at the beginning. There is over a trillion dollars value in the crypto asset format that can be put into defi protocol. So while 25 billion is a very sizable number, it is a very small percentage of all the assets that could be in these systems.
>>27393406
>>27393406>It basically means there is a huge user base, a small percent of which has made its way into defi products, generally. And that user base is also continuing to grow. So you have a growing general user base, and you have a growing funnel of users going into this format of defi financial products. And that’s really one of the largest predictors of success for many startups, is am I in a market that allows me to succeed. Am I in a market where people have demand for my products, in addition to the products of other people in the market, largely due to growth. So market is one of the most important things, out there when making an early stage technology company.
>>27393406Scam
>>27393493>The second nuance that I think has really come about maybe in the last year, maybe in 2020 or the end of 2019, is the fact that infrastructure has finally got to the place where developers can easily build their financial products without having building infrastructure. So infrastructure takes teams, of tens and hundreds of people sometimes, to get to the point where it is easily applied by developers while also being secure. Its very had to build something that is secure and easy to use. And infrastructure is no different. But luckily for developers of defi products, we’ve now arrived at a place where smart contract platforms like binance smart chain, like ethereum, like others, have gotten to the place where people can build decentralized financial products on them, and that there are oracle systems and other systems like Chainlink that provide data, and when you combine those two dynamics; a platform where you can build smart contracts, and the ability to trigger those contracts from external data, and that is now something that developers can easily consume without having to build it, like they would have had to build it maybe a year and a half ago, you arrive at entirely different dynamic and speed and quality at which people can build things. So the efficiency at which you can build a decentralized financial product has also rapidly improved.
>>27393406>>27393493>>27393618Sergey is the crypto Steve Jobs.
I just sold
>>27393493Only market this fatfuck knows is binance where he goes to take a huge shit on his cult
>OP buys chaincrap @ATH>Muh pump to duh moonz>Hey guys, 5.25" dick isn't small...right?These shill threads are oh so tiresome.
>>27393618Jesus fuck my dick.
>>27393543Hey, I am the scam shouting guy. And this isn't one.
Ok idiot, keep holding your ancient shit coinsI don’t follow these shitcoins, I hold xsn on my portfolio If this niggers believe in that shit this is their problem. Layer2 DEX is gem.
>>27393618>So right now, Chainlink provides the majority of defi’s price data. And price data is very important because it allows those smart contracts to trigger, to react to market events which is fundamentally what they do. But that is really the tip of the iceberg. That’s really the beginning of what chainlink does as a general purpose, trust minimized form of off chain computation. So price data is one set of data, then there is weather data for insurance, there’s randomness for gaming, there’s sports scores for prediction markets, all those are different pieces of data. And we have already begun putting those various pieces of data on chain, and as we put new pieces of data on chain, we see insurance products like Arbol, we see prediction markets for election results, we see all kinds of things around sporting events, and really the flow of data correlates to the creation of these new smart contracts and various gaming and defi and other verticals like insurance.
if i could hug and snuggle sir gay irl i would no homo
https://youtu.be/g9dJ9q0z_94I liked what the other guy from Chainlink said in the second segment.
good thread
>>27394635>iceberg>bergI'm not falling for this.
>>27393703>Sergey is the crypto Steve Jobs.A massive faggot?
>>27393703no, sergey actually does stuff and isn't a marketing mongoose, if anything sergey is the nikola tesla of crypto
If you haven't read the Chainlink blog post on composability, now would be a good time.
>>27394075This is 100% a russian scam, their "office" is a nail salon in the gayman islands
>>27395517so what youre saying is that... theyre married?
>>27394635>Beyond that, I think chainlink will be a method of trust minimized off chain computation, that will allow all the worlds events, data and commands, to reliably be filtered into all the worlds decentralized systems that house smart contracts, such as blockchains and DLT’s and others, whether they are in private or in public format. One example of this is how chainlink is already able to something like proof of reserves, where we are able to initially prove that certain crypto assets are locked up in something like Wrapped Bitcoin. Wrapped bitcoin uses proof of reserves. Then we graduated that to be able to prove some things about bank accounts, so there are certain stable coins like TUSD and Paxos, that are now on tract to use proof of reserves to prove things about bank accounts backing their stable coin, essentially proving that their are assets behind the stable coin, or the defi tradable token asset.
thanks, i just didnt sell
>>27393406>>27393493>>27393618>>27394635I like how you posted a screenshot of Sirgay's face from the stream with every quoteit helps me visualize him saying it
>>27395777thanks just bought 100K and checked
>>27395517Sergey's ring looks like one of those sleep tracking health ones.
>>27395763anon kindly post it into one text file/pastebin when you're done, I will gladly edit it
Theres no denying link is a great coin and there is real value in but this bastard fucker apparently keeps buying cheeseburgers or some shit.
god I love this man
>>27395763PoR for bank accounts requires read only TLS access. We know what that means.
>>27393870>priced out poorfag is reminded once again that he is priced out>immediately starts frothing at the mouth and ranting about 5 inch penisesOk, faggot
>>27395763>And now most recently proof of reserves has actually started proving things about gold ownership, in gold custody systems. So not only does chainlink provide the worlds existing data, but it creates a group of independent agents, oracles, that can generate new data about things like proof of reserves. And we are launching this successfully, you know we are announced for over 70 chains, and we are rapidly launching on many of those chains such as binance smart chain, where we now I think considered the dominant, primarily used oracle for providing price data, other types of market data, proof of reserves, and all these other inputs. So I think that chainlink is only getting started in providing price data to defi, and has done a very good job at that. But that same security and decentralized consensus, about off chain events, is really applicable to all of the worlds data, which needs to be filtered into the smart contract world for consumption. Because without that filtering, it isn’t usable. It isn’t decentralized or secure enough to be used by these smart contracts.
>CHAINLINKlegitimiterally who'm'st've'r'd'im?
>>27396508Your village is getting a tractor for Kwanzaa.
Sergey Nakamoto.
>>27393466>>27393543>>27393736>>27393812>>27393870>>27394049>>27394205>>27396330sweet vishnu
>>27394635I think I'm gonna coom.LP rewards are just going to skyrocket when new feeds are added.
Upvoting non newfaggot thread. What is happening on the 16th Link frens? I've got 20k Link and I want to hit a million this year.
>>27393406Thank you, anon. Shout out to all my deaf homies
should I go work at chainlink?I work at FANG now and getting a bit tired of it
>>27397016Staking.
>>27396617God we are so fucking early. God bless Sergey Nazarov
why THE FUCK didn't I just buy qnt instead of stupid link stink :(
>>27397064Yes.
>>27397016Checked your 16. Wouldn't surprise me if Arbitrum mainnet hits early or staking is released. Arbitrum will singlehandedly jump start the bullrun when dexes don't require $50 in gas per transaction
>>27395991It is.
>>27397064Hell yes. If you are a big brain that can contribute. I'm a 130 IQ midwit Accountant and don't have much to offer, but I would scrub toilets for Sergey if he paid me in Link.
>>27396617>And in addition to that, I think you’re going to see, things like proof of reserve, and various computational uses of chainlink oracle networks, to prove things certain things about the world, even if there isn’t a data source immediately available. So I think that the real nature of chainlink is gonna be providing price data, providing more collateral into the defi ecosystem by making it reliable, generating all kinds of new categories smart contract usage through data beyond price data, and being a general purpose abstraction layer that basically enables trust minimized off chain computation, filtering all of the worlds events and data into blockchains, in both the private and public format.can someone tally up how many times sergey has talked about 'all the worlds data' thus far?
just switch to uniby linkies
>>27395858Me too
>>27397386must be important then
>>27397064FAANG has been bloated and rotting for the latter half of the decade. Defi will literally flush all of these insect middle management AGILE faggots.
>>27397016Probably nothing, all these special dates turn out to be pretty unreliable
Im actually getting close to heading straight to the smart contract office and raping sergey in VRchat.
>>27398494wtf is this real?
>>27398542Yep
>>27398609those cheeky fucks
>>27398609Oh Good God! Am I excited for 9.11
>>27397386>*question about data quality*>Sure, so that is a very important kind of question that really developers and people building these protocols have learned to take more seriously over time as there is more money locked up inside of them, and the people that don’t that question seriously, you know that have serious risks to their protocol and their smart contract. The answer to that is really once again decentralization. So if we think about what is the concept of decentralization. Its the idea that you have multiple independent entities, multiple independent computing environments, proving something collectively, in larger and larger numbers. So this is actually what chainlink does for the worlds data, and turns the worlds data into validated data, to the degree that it can now be used by a smart contract.
>>27398950How long was 0.8 to 0.9? That at least gives some idea of how long until they fucking do anything.
>>27396617Jesus fuck, LINK is going to be the backbone of the true global financial system. One where no country can fuck others over with Jewish currency and tariff tricks without putting their own ass on the line to try it.Confidence in the USD is about to waver, and we're going to be there to provide a real solution to the problem of money.
>>27395736Pls post the photoshop of him behind the glass with the obviously edited banner atop again. I want to have a laugh
>>27397367This seems bullish to me.
WTF IS THIS ARBITRUM SCAMFUCKING BETRAYER
>>27395736No, that is an 'office'. Their actual offices are in SF and NY
>>27399677He probably got warned by the doctors that sleeping 14 hours a day isn't strictly healthy. Bullish for the team actually doing something this decade if he brings it down to a moderate 12 hours a night.
>>27399222>>27399599>>27399677CheckedMY LINKY STAYS STINKY
>>27399677He seems to be caring more about the state of his health, and that's a good thing! But I can't tell if him losing some of his money belly is bearish though...
>>27396508Deco, right?
>>27399047>So in the early days, the very very first days of smart contracts and defi, and this is part of the reason why I think defi didn’t take off for a long time, you essentially had a very strange story, where you had a massive amount of centralization in the smart contract platform, but then that was controlled by an oracle run by a team. It was controlled by an oracle run by you know, Tim in IT, the team member of the protocol, and he runs the oracle and you have this weird proposition where your basically saying, Hey, this is highly decentralized, its the future of finance because it works in a completely different decentralized mode from all the other financial products out there. and even if the smart contract was written into a decentralized and audit and proven to be secure in certain ways, the control over that contract comes from two sources. It comes from private keys, that can through multi sig schemes of certain kinds, approve or make changes to the contract, and then in the case of defi, its highly controlled through the oracle.
>>27399222CheckedCAN SOMEONE PLEASE LINK THE INTERVIEW
>>27399212Depending on how deluded you want to go, you could argue that US monetary policy is particularly insane at the moment because the powers that be are aware they are in the final epoch of non-accountable global finance.Once the smart contract revolution kicks in and runs everything, the game will be "locked" into a much higher level of honesty and accountability. Might as well make hay until that happens.
>>27400156Yup.
>>27400187it's been in the thread for a while. >>27394954
>>27399212i was reading about cede & co and the depository trust company last night, and it really illuminated some things for me. Basically they're a centralized clearing house that maintains all securities accounts in the US. Since the 70's nobody actually owns stock. DTC is the owner of all stock shares, and they work with clearing houses and brokerages to essentially give out permissions to people who wish to buy stock. The individual investor doesn't actually own the stock, they own a permission, like a reservation at a hotel or restaurant. DTC owns and allocates all these shares, dividends, ect in a centralized manner because its faster more efficient and more trustworthy than issuing certificates that could be counterfeited, stolen or lost. Their current balance sheet is $54 trillion.Think about that. This abomination was created as a central authority to solve the double counting problem. Bitcoin also solves the double counting problem, but it also is decentralized and you actually own your keys. I'm still chewing on this, but it seems like bitcoin and by extension crypto and smartcontracts are the natural evolution of this indirect holding system, and provide the further advancement of decentralization and real ownership. It's not impossible that some of us will be billionaires.
>>27400197I wonder if the recent massive selling of BTC was the mining firms being pressured into doing so for these globalists, so they can secure as much wealth as possible before total conversion.
>>27396508>>27400156Please spoonfeed me sempai..
>>27397064if you're a useful smart person yesif you're a useless attention seeker rent seeker no
>>27400597
>>27400183>So the issue with data is that those set ups where the team bake their own oracle, and kind of say, Hey, Im going to make my own oracle, and I maybe haven’t built a financial product before, I haven’t built a system the relies on market data quality, so what I’m going to do is go to a single exchange, or I’m going to go to two exchanges, and I’m going to just select my favorite one or two exchanges, because on the specific day when I make the oracle for my protocol that Im going to operate, everything is fine. Those exchanges have a lot of volume, they are providing representative data about you know the price of an asset, there is price discovery happening, you know they are the mechanism to give me accurate price data. That really doesn’t work, and that has been proven out through things like flash loan attacks, and various other attacks where people have gone on to manipulate markets and places like Coinbase, and then at the same time manipulating some other exchanges that are more decentralized, and then manipulating both at the same to create false trepidations. So what chainlink does, is chainlink ends up sourcing data from the whole market, from hundreds of exchanges. And its been this way by design from day zero of the network going live. And the reason for that is the application of decentralization as a concept to data quality. If we are getting decentralized guarantees from a financial product because its run on hundreds of different nodes in a smart contract network somewhere, then we should get that same level of guarantees, if we can, from the data and the triggering side of it.
>>27398278>FAANG has been bloated and rotting>LINK infrastructure literally runs on FAANG cloudsYou can't make this shit up. Cultists and delusional
tl:dr please
>>27401269buy rubic.
Very based thread OP, thanks for poasting with us today. >>27400629DECO is a product that Chainlink acquired about a year ago from Ari Juels, who might have the biggest brain in crypto, if not the whole world. Ari is still finishing the product but I think it will be out soon. DECO will allow a Chainlink node to verify data from websites in a secure way. Basically the node will have permission to view private account details for everything from your bank account to your medical records to your steam inventory. It obscures all information that isn’t needed and allows the node to truatlessly report the data. This was my smoothbrain take from memory- go real some articles on it so you can have a better understanding.
>>27401221LINK infrastructure runs on multiple independent blockchains, not on cloud servers. Some portion of those blockchains probably exists on those cloud servers, but not all of it by a long shot.
>>27401221Jesus at least make your fud funny if it’s going to be this stupid.
>>27400597looks like you are on the path to enlightenment fren. remember, their vault got a little wet so you'll have to take their word on who owns what.>https://www.reuters.com/article/us-storm-sandy-securities/dtcc-finds-1-3-million-soaked-securities-in-sandy-flooded-ny-vault-idUSBRE8AE02G20121115>https://www.youtube.com/watch?v=ZN03yAVyj-0
>>27401416Any node is run on Azure, AWS, etc. All of the tutorials are written for this exact infras. Blockchain /=/ infra.
>>27393406>>27393493>>27393618>>27394635>>27395763>>27396617This man must average 50 words per sentence. I don't have the link, but I once read about a high-correlation between the length of a person's spoken sentences and their IQ. Serg's gotta be 140+
>>27401385My smoothbrain seconds your smoothbrain's recollection. Basically allows a node to access sensitive information and report on it without disclosing what that information even is to the node operator
>>27400597The subject of clearinghouses has come up before in the context of counterparty clearinghouses, who mediate trades between banks to assure functional performance in the case of one of the banks failing to execute.Because it's a systemic cost, all banks pay insurance into CCPs (Central counterparty clearinghouses) and it acts as a guarantor of trade execution/settlement if a bank doesn't pay as promised. Basically it's just a huge pool of insurance, paid into by all the banks in a network, so if bank A promised to pay $10B to bank B, and doesn't, the CCP insurance pool bears the cost and makes sure the payment happens.This entire piece of infrastructure can be done away with in a decentralised system. The execution/settlement guarantees provided by smart contracts make this sort of third party completely redundant. This doesn't just reduce friction, but liberates all of the insurance banks are currently paying to the CCP, back to the banks themselves. It is a massive efficiency increase and only one tiny part of what smart contracts will do.
>>27399996Almost!wagmi...
>>27399212They are going to roll it out so slowly that a private chain technology will emerge and be good enough to the point where LINK will need to be orders of magnitude better than what will already be there. It's their game to fuck up right now and they seem to be doing it.
can anyone explain whats happening for a smoothbrain over here?
>>27402044>>27399996checked and keked
>>27402200No. Go back.
>>27399677This is what the 1.5m dumps buys. A WATCH
>>27401615what a crazy fucking scam. Are real estate deeds held in a similar indirect system? I'd imagine all of the things we think we own are actually held in much the same way as these securities.>>27401977Thats fascinating and i was completely unaware of that. Do you have an idea of what the rates are that are currently being paid?
>>27394635I JUST COOOOOOOOMED
bumpthanks for the tldr OP
>>27402200reference >>27401335
Where did all the high IQ linkies come from all of a sudden? I thought biz was dead after mainnet release
>>27402586Considering the insurance provided by the CCP has to cover multi-billion dollar trades, it's safe to say "a lot".
>>27403056they blew all their linkies on coke and ladyboys, and had to come back for more.
>>27396617>But that same security and decentralized consensus, about off chain events, is really applicable to all of the worlds data, which needs to be filtered into the smart contract world for consumption. Because without that filtering, it isn’t usable. It isn’t decentralized or secure enough to be used by these smart contracts.COOOOOOOOOOMMMMIIIIINNNNNGGGGGGG
>>27403056this. I just act retarded, I actually know what link is and what it means but I am way to lazy to discuss it with anyone anymore. Might spoonfeed the real smoothbrains
ngl, link being focused on only defi is kinda bearish. what happened to swift, oracle, google etc?
>>27397358Fucking newfag checking shite
>>27401218>And that is what chainlink does for defi, I think for over 70% of defi right now, and for over 90% of the public blockchain derivatives market, which is heavily heavily triggered and heavily heavily dependent on accurate data. We essentially are able to source the data from a multitude of sources that are independent from each other, we are able to validate that data through highly reliable nodes, some of which are data providers themselves, some of which are the source of the data, and some of which are data providers aggregating data from the various places, and we are able to arrive at a consensus about what the final value is, from these hundreds of sources, from these you know, tens of independent nodes reaching consensus, to provide a highly reliable single value, to settle that derivatives agreement, to trigger things in a lending protocol, and if that additional level of decentralization that makes what we do so unique, and its the appearance of that decentralized method for triggering an events based data that has allowed decentralized financial products to do two important things. One is to come into existence, and then the second one, is the ability to generate many new markets, without the team that is making the financial product having to build a data product. Which is actually how the traditional financial worlds, you know banks and other places, make financial products. They’re not all making data products, they have data products that they consume, and then the banks and various financial institutions make the financial products using the data products. And so that separation is part what I’m talking about, as to why now is a great time to build defi products, because if that burden is no longer on your development team, you can rapidly launch many new markets with the data that is provided through something like Chainlink in this decentralized highly reliable way.
>>27403377My bet is they are setting up their own APIs getting ready to transition when needed.
>>27403377Legacy systems will move to defi with Chainlink.
Singularity when Sergey it’s been years
>>27403378He was right to as it fit the 16 in the post.
>>27403398>We essentially are able to source the data from a multitude of sources that are independent from each other, we are able to validate that data through highly reliable nodes, some of which are data providers themselves, some of which are the source of the data, and some of which are data providers aggregating data from the various places, and we are able to arrive at a consensus about what the final value is, from these hundreds of sources, from these you know, tens of independent nodes reaching consensus, to provide a highly reliable single value, to settle that derivatives agreement, to trigger things in a lending protocol, and if that additional level of decentralization that makes what we do so unique, and its the appearance of that decentralized method for triggering an events based data that has allowed decentralized financial products to do two important things.Longest sentence in history.COOOOOOOOOMED
Any ideas, what model ben uses for this evaluation? Want to build it for myself.
>>27403511The whole point of Chainlink is to connect legacy systems to decentralized networks. If Chainlink isn't being used by legacy systems then it's a dead platform.
https://github.com/smartcontractkit/chainlink/milestone/1 new data.chain.link site to be released. Probably the kickoff for more data besides price.
>>27401385>>27401924Thanks friends, I'll read more into it and of course buy more LINK.
based op
>>27403887>The whole point of Chainlink is to connect legacy systems to decentralized networks.In other words, the whole point of blockchain is to eliminate post settlement reconciliation procedures, i.e. eliminate lawyers and accountants.
1k eoy soon right?
>>27403760God his IQ must be monstrous. The best part is he’s high IQ without being a sperg like vitalik.
>>27404408>>27403887That's like trying to predict the whole point of the internet before it was available for public consumption. The whole point of chainlink won't be apparent for 20 years, and by then it will have redefined how we even think about value.
>>27403378Didnt read his post oops guess Im the retard. I stand corrected and take it back. Also, 1keoy
>>27400597>>27401615>>27401977my godmy absolute godwe are going to be fucking rich
>>27396934those are likely OG link marines desu
>>27404555Swing traders not allowed in this thread REEEEE
>>27403398>I think the way we arrive at that, is that the market drives them towards defi more so that traditional financial products. And the reasons for that in my mind are very clear. In the traditional financial world, you have financial products with very low yield, you have financial products that have a lot of counter party risk because its completely unclear to people how their assets are being managed, and you have a rising wave of inflation that is going to diminish peoples assets, and the value of those assets and the purchasing power of those assets and so on. I think defi counter balances all of these three forces, which are massive market forces. It has so far consistently provided high yield, which has been very very powerful for driving people to put more and more value into it. it is inherently transparent, because its on a blockchain using smart contracts and that means people can look in and see exactly what a smart contract in a defi protocol is doing with their assets, and understand the exposure and the risk that they have. And likewise our system is extremely transparent in what it provides. It provides a lot of clarify about the oracle networks used by specific defi users, why those oracles are reliable, how many of them there are in an oracle network, all of these kind details are available, so somebody can actually research the end to end security of their financial product, while also knowing the allocations and use of the financial product.
>>27403726Shut your hole
>>27403684Sooner than you think.
>>27404599>That's like trying to predict the whole point of the internet before it was available for public consumption. The whole point of chainlink won't be apparent for 20 years, and by then it will have redefined how we even think about value.indeed....dont be pic related
>>27404837been holding since '17 where i bought half of my stack for 20cents.
>>27404957>In the traditional financial world, you have financial products with very low yield, you have financial products that have a lot of counter party risk because its completely unclear to people how their assets are being managed, and you have a rising wave of inflation that is going to diminish peoples assets, and the value of those assets and the purchasing power of those assets and so on. I think defi counter balances all of these three forces, which are massive market forces. It has so far consistently provided high yield, which has been very very powerful for driving people to put more and more value into it. it is inherently transparent, because its on a blockchain using smart contracts and that means people can look in and see exactly what a smart contract in a defi protocol is doing with their assets, and understand the exposure and the risk that they have.In other words DeFi is the opposite of a Robihood brokerCOOOOOOOOOMMMIIIIINNNNGGGFGG
>>27393406bros im geniunely applying to work for sirgay. what should I say?
>>27401147
>>27405500Tell them that you want to create smart contracts that charge cold collars $10,000 a minute to talk to you
>>27405500what position?
>>27403378I've been on 4chan for 12 years. Get fucked redditor. Respect digits.
>>27405685Janitor
>>27405796based
>>27404957>I think the final point of inflation is actually one of the key drivers now for people going into crypto. Is that everybody is starting to realize what fiat money is, and how fiat money relates to money printing. And that is a set of terms that up until three months ago, maybe, was not a very prevalent set of conversations that people would be having, in mainstream media or everyday channels, and now it has become a prevalent conversation. And the reality of inflation is something that will lead to a flight to safety, and that reality of inflation is a world changing kind of force. The decentralized financial markets counterbalance that force, partly because they are so related to crypto and partly because people like to think will be able to compose all kinds of products very very quickly, just like they were able to build web applications very quickly, once the internet got to the point where you could do that. I think the forces that are going to push people into the crypto format, and then eventually into defi are global market forces that are very clearly on the horizon and are just going to accelerate from here. And I think that the infrastructure to make decentralized financial products has now arrived at a place where people can, a 2 to 5 to 10 person team, can efficiently build a world class decentralized financial product, without having to built a lot of the infrastructure that underpins that financial product.
>>27405685head of investment risk. i've got the qualifications but all i know about link is that its some decentralised shit. I've got 1k linkies but that probs wont get me shit
>>27405796hope u have a lot of saw dust handy
>>27405500Apply to be Sergey's burger boy
Soon all the world's data will be ours.
>>27405987shoot forgive me, i love you all
>>27393703>Sergey is the crypto Steve Jobs.dieing from the cancer that is his work?
>>27405500Please don't forget about us when you make it
>>27405500say that you want $77/hour and add a ;)they'll hire you asap, it's like a secret freemason handshake dude trust me
>>27393870Srs though. 5'25" isn't really small. Its like average.
>>27406087Yup. Cant wait to look like that when I have money for healthy food and steroids.
I've been priced out of link and I relentlessly shill against it because I am bitter
By the way, would this be worth investing in? Yfl sounded like a good idea but not si sure anymore...
can a kind retard please share the link to the video? the perfect sleepy time story
>>27406586Just buy some nigger. Get 100 of them and forget about them for a few years, then buy a house.
>>27403398etremely based and linkpilledwill read that laterthanks anon
>>27406586People were raging about being priced out of link at $1. At $1000 you’ll be thinking back that $20 was a pretty good deal.
>>27403056i have 52k and never left, nor have i sold any except like 500 at $20 for a holidayi spend most of my time shilling xrp, because its funny getting people to buy into that shit
>>27405987>Ya I think there are three important dynamics to keep in mind. I think its important for them to build their smart contract and defi product in a place where it can get a lot of usage, so that there will be private key holders who want to put money into their financial product. And that that place has certain scalability and various other features or whatever scalability or cost structure is of that environment, it properly aligns with their plans for their product to work a certain way, right so I think they should build it in a platform which gives them access to users and access to a cost structure and scalability that they would find useful. I think the second thing that they should do is, is they should probably seek to participate in the building blocks, lego, composability narrative and process around defi, where you can build your smart contract in way where its not just useful for your application, its useful for other defi applications as a resource which they can use. And that’s a very powerful thing, because the services, the defi protocols that essentially become on chain services, that all are used by other defi protocols for what they are good at, is going to drive I would think the probably majority of usage compared to some kind of product that their team also builds.
>>27396330Whoah hey assshoool, theres nothing wrong with a decent cheeseburger
>>27405500Pls don’t betray
>>27403056i only spoonfeed when i have something new that i want to talk out with you guys, or when i'm drunk.
I watched this whole thing life. Bullish for link and Denko made a good impression on me as well so I got healthy reef stack
>>27407806>>27406216Sent. Here's to hoping!
>>27406586remember when people got loaded off of eth buying it at $70? or even $300?
>>27397367so are we all going to get oura rings too
>>27396617It doesnt prove anything you still need to trust a third party
it's all so inevitable
>>27395777>>27396166>>27399222>>27399599>>27399677>>27399888>>27399944>>27401977>>27402044>>27402200>>27403377>>27403511>>27404555>>27404599>>27405500>>27406022WOW, how close am I to having sex guys?
>>27407693>And I think the third and final thing, is that they should not reinvent the wheel. They should not build things they don’t need to build, especially from an infrastructure point of view, and if they involved in making some kind of secure system, they should be very very careful, and their first option should be to seek an existing piece of infrastructure that provides that security. If you’re building secure systems is very very complicated. we have a very large team, passing a hundred people now, we have world class researchers, like Ari Juels who was previously chief scientist at RSA who are working on this with us. And these are very complicated problems that seek to eliminate the risk of various edge cases. And I think the people that try to build all of that themselves, they could do that, if they devote the relevant resources to it. But if they do that without devoting the relevant resources, I think they are taking a massive massive risk, that, that in many cases Im not sure that if they fully understand because, the nature of the problems that they are trying to tackle are unknown to people that don’t think about secure system design as a profession, as an academic career.
>>27396617>all of the worlds data, which needs to be filtered into the smart contract world for consumptionSergey gonna consume the whole world confirmed. Fat fuck.
>>27408899checked
>>27406368Maybe in Korea
>>27397367IS HE GOING TO LOSE WEIGHT?STOPPED EATING BIG MACS AND STARTED EXERCISING?MONEY BELLY! NO!He wants to feed his health data into a trustless smart contract1lb gained = $1 gained in link token price Looks like we better sell lads
>>27394635>chainlink network can derive value from any move in asset prices, including decreases in it's own token valueIs this antifragile?
>>27403398>defi is good>aggregating prices is good>defi platforms should pay me to aggregate prices for no reason when other platforms do it for free and the free market can do it much faster and better than any basic formula of (x+x+x/3x) He's just talking about defi and prices generally. I can't believe people are still lapping this shit up.
>>27409340thats actually a neat point
>>27408962Bless you, friend
>>27394635>>27403056He's wearing jewelry now???
>>27395736They are throwing a lot of shills at link. More than any other coin.Convinced me to buy some
>>27400156I thought DECO was already acquired? Or does it still need to be finished? How did they “acquire” deco before it was even finished wtf scammer Ari
>>27408962>There are attack vectors and all these things that, you know we are very lucky to think about smart people with. So I think you should benefit from the infrastructure that other people have built, and make sure that that infrastructure meets you needs as a developer, for a market and cost structure. I think you should make sure to make your system something that’s accessible through web interfaces and on chain interfaces, because its not predictable for you where the volume will come to you from, and you might be surprised to find that your volume actually comes from other smart contracts more so than interfaces you yourself built. And then you should take the limited developer resources you have, just like successful web development teams do, and you should devote it to a very focused mission around product and user experience, leveraging the infrastructure that has been built by other people. And I think those are three, you know if you stick to those three kind of sets of principals or tools, you’ll probably arrive at a decentralized financial product that is secure, you know sourcing data from the right places, relying on the right infrastructure, is hopefully the right ecosystem for your demands around transaction flow and transaction frequency and having the scope of users you think you need to actually put money into your system, and that is hopefully accessible by both off chain web interfaces and other on chain contracts.
>>27400597Thanks for this effortpost anon
>>27407542>i spend most of my time shilling xrpI remember you from the other day
>>27407105>>27408107good point.
We're so early.Never stop buying.
>>27404094>>27401385>>27401924Deco explained here:https://www.youtube.com/watch?v=zWTx1iQOCDM
>>27402358>watch That’s a ring idiot
>>27403684These didnt age so well
>>27409866thanks fren. It was a new piece of information for me that really pulled a lot of things together. The more i think about it the less of a coincidence it seems that blockchain tech is the perfect continuation and improvement for these types of centralized systems.
>>27397367im buying one
>>27409435Now this is one point of contention I also somewhat have with LINK. But, I'm assuming if they're aiming for enterprise adoption (lol just typing that feels like a meme) then LINKs "edge" if you will compared to similar solutions would be security and better data authenticity.IDK I'm not that deep on LINK but that's my impression of itFairly new to crypto so someone help me to understand.
>>27408899blessed threadpraise KEK
>>27406615sounds like a bag of aids my dude
>>27405500For salary ask for 1 link per week.
>>27405702Sure you have. I can smell the newfag from here. Maybe you were on /lgbt/ once or twice
>>27401724That's a great observation anon. It's very impressive indeed. His answers to whatever question about blockchains are seriously better worded and more in-depth than the articles by top tier industry experts. Like I've read research papers about blockchain and emerging markets, but Serg's analysis on today's stream had so much more insight. It's awe-inspiring
>>27408142Yes. And flannel shirts
>>27393406>>27393493>>27393618>>27394635>>27395763>>27396617>>27397386>>27399047>>27400183>>27401218>>27403398>>27404957>>27405987>>27406101>>27407693>>27408962>>27409823Didn't we hear all this last September? What's new here?
>>27409823>*question about defi in emerging markets*>This is one of the things that I’m personally very excited about, because I think its going to change the world and peoples lives in a much more significant way than people today realize, even in possibly the defi ecosystem itself. I think that the real blueprint for this is what the internet did for information for the emerging market, and that people that previously didn’t have access to books, you know to paper reading materials, now through a $50 android phone have access to wikipedia and YouTube videos from Stanford courses. And I think that that has been an immense immense contribution to society, all over the world, from the invention of the internet. I would say that its possibility one of the best and biggest things the internet has done for the world, is its spread the worlds information to everybody on a much more equal footing, and has enabled people to gain an education, understand the world, communicate with each other, not to mention what it has done to e-commerce and ability accelerate global trade. I think what smart contracts and what was at some point called the internet of contracts, is going to do for the emerging market, is its going to make that same size of impact, but on peoples financial lives.
>>27409678They've acquired the blueprint/logic for DECO, the product is not complete. Basically like buying a patent.The significance of these "accessory assets" to the Chainlink ecosystem is often underestimated. We got our first hint of it with the Town Crier acquisition, and since then it has been confirmed over and over. That Chainlink is aiming to have complete control over an entire suite of services that make them the choice for all L2 smart contract execution. Read the WEF paper and that's basically what it says: "Do you need w,x,y,z before you would consider connecting your legacy system to DLT? Well here's how Chainlink offers a proprietary version of w, a proprietary version of x, a proprietary version of y, etc"If Chainlink was just an oracle network then they would have a huge and near unassailable first mover advantage due to the training and knowledge of their node operators, an immensely valuable human resource that any competitor would have to woo over to an entirely new system, or recruit an entirely new set of trained node operators (from where? anyone who can do that work is doing it on Chainlink already).But now it's more than that. As if Chainlink wasn't untouchable enough already, now it's a case of "Do you want secure enclaves? Chainlink owns Town Crier. Want read only TLS access? Chainlink owns DECO"The entire ecosystem is owned by Chainlink. If you want to compete you don't just have to build an oracle network, you don't just have to poach skilled node operators from Chainlink, you have to build from scratch and entire toolkit of ancillary functions that Chainlink already fucking owns.I would question the ability of anyone, no matter how well resourced, to come remotely close to catching up to Chainlink, or providing anything like a comparable service. The "race" is over and it never even really started.
>>27401637>Blockchain /=/ infraInteresting. Is HTTP infra?
>>27411445You were here with the same FUD in September, so not much?
>>27393618>smart contract platforms like binance smart chain, like ethereum, like othersThe fact that he put the binance chain in front of eth indicates that he's sold out to China. Not saying this is bearish or bullish.
>>27410691>enterprise adoptionGoogle, SWIFT and Oracle were all memes. Uniswap is free, open source, decentralized, and ANYONE can create a price oracle simply by listing a token and letting the free market do the rest. No Sergey to sign off for approval, and your nodes are buyers and sellers rather than people taking a cut, so the whole thing is free. LINK is unironically finished. https://uniswap.org/docs/v2/smart-contract-integration/building-an-oracle/
>>27393618> there are oracle systems and other systems like Chainlink that provide dataIs chainlink not an oracle system? Is chainlink not the standard?
>>27410691You can’t expect legacy systems to adopt an entirely new way of doing things that’s completely untested. It’s not fud at all that Defi is the main application of link right now. The technology has to be proven. We’ve seen plenty of attacks and exploits. The damage similar exploits could do to national economies and even the global economy, if they switched to a decentralised system of smart contracts, would be enormous. Legacy systems dealing with quadrillions of dollars will either get undercut and outperformed by Defi startups, and this die, or they will acquire them too. We literally can’t lose with Chainlink. We KNOW the tech is more secure and saves money for those operating, it’s inevitable it’s adopted.
>>27411752The event he is speaking at is being hosted by Binance for Binance blockchain week. Of course he mentions them first you moron
>>27411499Checked You’re right anon. We are going to make it
>>27411499Checked and fucking based
>>27411694Ok ZEUS lol
>>27409024isn't the average in korea like 3"?
>>27411491>I think people in developed markets are going to see blockchains improve the transparency of developed markets, improve the fairness of developed markets, eliminate the size of boom and bust cycles from opaqueness, such as the 2008 financial crisis, which if smart contracts work the way they do now and they were integrated into the mortgage issuance process, I don’t think the 2008 financial crisis would have been anywhere near what it was. So the developed markets will benefit by taking this technology and helping it make their markets work correctly, in a fair, structurally transparent way to eliminate risk for themselves and the ancillary risk for the world that depends on developed markets financial economies. But emerging markets will go from zero to one. Emerging markets will go from, I don’t have a bank account with an asset that can combat the hyper inflation of my local countries currency, to, I do have a bank account in my phone with an asset that is immune to the hyperinflation of my local currency. and for the people that don’t experience or don’t even understand what hyperinflation is, hyperinflation is when in the morning you go to work, by the middle of the day you get a paycheck that day, and then by the evening that paycheck already can’t even buy you what it could have bought yo in the morning. And so, its a very dysfunctional situation that various emerging markets are in different states.
>>27411499Band protocol did a nice job stealing some of the market though. See Mirror Protocol.I like to think it's temporary however, as of now the only advantage of BAND is it runs on Cosmos, which LINK with upcoming bridges will be able to do too (besides ETH and Arbitrum will fix fees, hopefully). That aside I also expect BAND to fuck up at some point. But chinks are good at copying so who knows.
>>27411499In terms of value capture, what do you think is in for link?
>>27393618>>27393493>>27393406>>27394635>>27395763>>27396617>>27397386>>27399047>>27400183>>27401218>>27403398>>27404957>>27405987>>27406101>>27407693>>27408962>>27409823>>27411491>>27412584I respect the effort/tism. Very admirable.But I have a question: if link is such a no brainer buy why is it not mooning
>>27413430It's because Sergey dumps 1M to 1.5M Link per week... But also keep in mind his wallet runs dry in about 5 weeks at this rate. Plan accordingly.
>>27413601Need a source on that, surely Sergey has more than 5m LINK
>>27413601He'll crack open the next wallet. No problem there for SIR GAY BETRAY.
>>27413430>But I have a question: if link is such a no brainer buy why is it not mooningdepends on when you got in
>>27412584>And that’s just one extreme example, there are all kinds of examples around providing insurance, providing the ability for people to sell goods to each another, all of which depends on a system of contracts that works. And the unfortunate reality in many parts of the world, is that there is not a system of contracts that works enough to enable inflation resistant bank accounts available to everybody. That doesn’t work enough that’s resistant to financial fraud and insurance, and therefore people don’t have insurance. And insurance is basically if people are able to continue living their life pursuing their economic destiny, or not, depending on what happens with the weather, what happens with some other event that they don’t have any control over. So I think that it will accelerate globalization by allowing people to conduct commerce over the internet in a highly trust minimized way. I think it’ll completely change the domestic financial environment of certain countries, and you already see this because certain places are adopting cryptocurrency as a common currency between people within that country.
>>27413430>le why is it not mooning faec xD !11!1!1fucking newfags fuck off. This isn't dogecoin. Not everything somehow has it's value derived by youtubers and retards on twitter building hype and dumping bags on robin hood users.Look past your own disgustingly hooked nose and put aside your burning lust for immediacy.Look at the 10 year plan. If crypto and within that DEFI continues to sustain it's current rate of growth, what do you think the overall market cap and TVL of these projects is going to be? And underlying all of that, what kind of value is going to be placed on the singular system that provides definitive data to it all?Think about what HTTPS provided the internet with.
>>27411821But Uniswap isn't all of crypto. It's just a dex. Chainlink's usecases seem to extend far beyond DeFi and even within the DeFi sphere Chainlink sees adoption (AAVE for example). So your point is kind of moot even if it is true.
>>27414372>And so even if their local government cant give them savings accounts and insurance and a stable means of exchange. the internet together with cryptography and decentralization though blockchains and smart contracts, can give that to them. And that is possibly even more life changing than information, right like what are the two most life changing things in peoples lives. Its education, and its their ability to pursue an economic destiny, to pursue the economic outcomes they find important. And this is why I think that decentralized finance and smart contracts are really the next evolution of the internet, because a lot of the commands will be sent over the internet, but they’ll be sent through the internet onto this parallel internet of contracts, that creates a system through which people can have inflation resistant bank accounts, insurance to combat all kinds of risk, and all these things that we take for granted but really are life changing in emerging markets.
>>27412832Since Band doesn't take security that seriously they are able to update their feeds faster than Chainlink. Mirror either disappears or starts using Chainlink, it is only a matter of time
>>27393703fud, he's the crypto Rothschild
>>27412053Fair point
>>27414078>thing somehow has it's value derived by youtubers and retards on twitter building hype and dumping bags on robin hood users.>Look past your own disgustingly hooked nose and put aside your burning lust for immediacy.>Look at the 10 year plan. If crypto and within that DEFI continues to sustain it's current rate of growth, what do you think the overall market cap and TVL of these projects is going to be?>And underlying all of that, what kind of value is going to be placed on the singular system that provides definitive data to it all?>Think about what HTTPS provided the internet with.Wait, then how much does this slav nigger have then?
>>27414408Image relatedI'm not saying it's a bad long run investment. I'm saying there are better short run investments.>>27414260I am respecting. But say you sold and bought something like ALEPH then sold when you want to and rebuy LINK you'd be able to buy more link. And I like the name ALEPH
>>27413226Fucking everything. They cover all the attack vectors and offer most of the services. Validating the results of a computation on some validation chain wether it's ethereum or something else is trivial.
>>27411265>interviewer: what do you do in your free time, sergey?>serg: thisIt's clear deep contemplation of this evolving field is what occupies the overwhelming majority of sergey's brain-hours.
>>27393406>>27393493>>27393618>>27394635>>27395763>>27396617>>27397386>>27399047>>27400183>>27401218>>27403398>>27404957>>27405987>>27407693>>27408962>>27409823>>27411491>>27412584>>27414372>>27414533thats all she wrote
>>27412514it is5"-6" is what most men have7" is 15% of men8" 1,2 /100so
>>27414510It's a dex that provides open source, market verifiable prices, completely decentralized without the use of nodes, for free. $0.00. AND you can get the price from any point in time, instead of hourly like chainlink, and you can aggregate the feed however you want. A fucking unicorn made a superior oracle to Sergey and Ari and all it took was free market principles and a good understanding of crypto and markets.AAVE was paid 500k LINK to use chainlink and Marc Zeller is happy to admit that in telegram (he also says Chainlink has no product). So take that with a grain of salt. Paying people to use your service is very different to getting paid by people to use your service. It's very easy to get customers when you're making a loss, it's much harder to attract them when you need to charge them $100 per call.
>>27415498Within this market cycle yes I doubt LINK will outperform literally anything in the top 20 in terms of gains, but really your positions should be diversified.Use ETH and DEFI projects to acquire wealth to ultimately acquire more BTC and LINK for the long term plan.
>>27415465This fat russian scammer had 2/3rd of the whole supply. He's been dumping on stupid linkies since forever. By now it's "only" 60%. This shit is the biggest fucking scam even larger than BITCONNNNEEEEEECT. It's crazy how convincing their cult following and their shill campaigns* are by now. *paid for by sergeys dumping)
>>27415808Thank you based anon the effort is highly appreciated
>>27416178Noooooooo every time he takes a weekly $50,000,000 dump he's decentralizing the supply and allowing us more time to buy in! He needs every cent of that money! He's only charging $1,100,000 per hour! Praise Sergey!
>>27415620Very few people can think like Serg and no one with matching capabilities is applying their thinking to this space. Of course I have to mention Ari seems to be on another level too when it comes to technical aspects
>>27415808Much appreciated anon
>>27402567Why does he think Chainlink is a blockchain?
>>27415948>AAVE was paid 500k LINK to use chainlink and Marc Zeller is happy to admit that in telegram (he also says Chainlink has no product). So take that with a grain of salt. Paying people to use your service is very different to getting paid by people to use your service. It's very easy to get customers when you're making a loss, it's much harder to attract them when you need to charge them $100 per call.https://twitter.com/lemiscate/status/1283469173864136736Gonna need a source on that first part gamer.
>>27393703there will be books, movies, everything and more. >>27394930yes>>27395230kek>>27395777checkkked>>27395858you got it fren>>27396508we've already made it>>27397045it was fun! >>27397172God bless>>27399212boom>>27401385the pleasure was all mine>>27401724based observation>>27402720>>27403262ohhhh ya >>27404404thank you>>27404807:)>>27406782you got it>>27408375yes you need to trust the data source>>27409014big macs were not enough>>27409500checked and bless you>>27409541i need this ring, you could engrave a private key on that thing>>27416305you are welcome!
>>27415948What if uniswap is gamed to manipulate price of the asset in question? e.g. someone sells 400,000 UNI and scamwicks the price for a minute. Wouldn’t the single point of information (the uniswap price) be a target for gaming smart contracts that use the dex as an oracle?
>>27393406This is the most shilled and needlessly complicated scamcoin I've ever seen
>>27418316fucking based. thank you for this thread. very good read.
>>27395763>chainlink will allow all the worlds events, data and commands, to reliably be filtered into all the worlds decentralized systems that house smart contracts>>27396617>So not only does chainlink provide the worlds existing data..>>27397386>[chainlink is] a general purpose abstraction layer that basically enables trust minimized off chain computation, filtering all of the worlds events and data into blockchains, in both the private and public format.>>27399047>So this is actually what chainlink does for the worlds data, and turns the worlds data into validated data, to the degree that it can now be used by a smart contract.>all the worlds events>provide the worlds existing data>filtering all the worlds events and data into blockchains
>>27401724Do you think you can find that link? this is something I often think about and want to improve
>>27415808could you post the video too?
$100 in March
>>27418835heh, as long as these suckers keep buying it and making us rich then it was all worth it in the end
>>27419556>https://www.youtube.com/watch?v=g9dJ9q0z_94&t=2473sstarts at 11:15
>>27419944Thank you
>Link shills now reduced to typing out spergys little talks where he rants incoherently about topics not even the people in the space give two shits aboutNow featuring absolutely zero slides!
>>27407542baseddoing gods work anon
>>27418440If someone dumps 400k UNI and the price goes to $2, then that is the real and accurate price of UNI. LINK wouldn't protect against this kind of attack either. If you're trying to report data accurately, then you can't beat the real-time, accurate price data, which uniswap provides and LINK doesn't.And if you want to collate and average data like LINK does, to lessen the impact of volatility, then you can do that much, much, much better on uniswap, who allow you to set whatever medianizing settings that you'd like. You could even recreate LINK's price averaging for free on uniswap. I'm sure some projects are doing that right now.
>>27405987>And I think that the infrastructure to make decentralized financial products has now arrived at a place where people can, a 2 to 5 to 10 person team, can...>2 man team
>>27416178>>27416305>every time hes dumps he is just making it more decentralizedYes. That is the point of the team not holding the entire earnings. That’s the entire fucking point
>>27420509Thanks
>>27416527See>>27420770
bump
>>273938705.25 length 6.5 width and 60k link stack. Im considering the penuma implant. its like $15k adds 3 inches at least.
>>27416178>>27416527If you want to read more about why this fud is bullshit hit up this article:https://chainlinkgod.medium.com/scaling-chainlink-in-2020-371ce24b4f31
>>27399222Took this from the backseat of my wife's boyfriend's tesla
>>27421285>chainlinkgod I'm sure this will be unbiased
>>27420509>If someone dumps 400k UNI and the price goes to $2, then that is the real and accurate price of UNI.It's the temporary price of UNI, on UNI. Attacks like that cause contract liquidation and make arbitragers and inside traders millions. >LINK wouldn't protect against this kind of attack either.LINK explicitly and specifically protects against this kind of attack by pulling lots of feeds and excluding data that's behaving out of step with the rest.
>>27420306The conference this morning revealed to the world the coherent coffeehead that runs this token. Price has already pumped 2%. Once it breaks through the $25.6 resistance the FOMO will begin and small nocoiners will begin to buy, with the whales. Once it shoots through the $100 mark, unabated GREED will ripe through all LINKies. With all those who didn't dumped their current accounts into this "scam" twitching at their arsehole continuously while refreshing bittrex. The $1000 mark will be met, the largest hype in history will ensue. The final deluded noLinkers will begin to go offline, and wagecuckers with their engineering salaries loaded up in XRP will be left with it stuck in their wallet, unable to move it to Coinbase to salvage some self respect.
>>27404599So, porn?
>>27420509Neck yourself retard. We covered this fud in 2018
>>27421530>LINK explicitly and specifically protects against this kind of attack by pulling lots of feeds and excluding data that's behaving out of step with the rest.Arbitrage connects all non-scam markets together. If I dump 400k UNI, and arbitrage balances that out across all exchanges, then yes, for a single block the price will dump. But I can also medianize across the past 10 blocks like LINK does, and uniswap allows people to do that for free using it's oracles. Again, I can recreate a price aggregator identical to Chainlinks for every single price feed for a token lsited on uniswap, compeltely decentralized and not needing Sergey's personal approval, and with the entire market of hundreds of thousands of people and algos and nodes, and I can do it for free right now.>>27421820>we covered this in 2018None of the tech which has already made chainlink obsolete existed in 2018.
>>27422304>and I can do it for free right now.why aren't you? if you short link you can make money from it too
>>27409340Can you elaborate on that, I'm not getting that from the post you replied to.
>>27422574>Yes, just short the asset held by a bunch of memers who honestly believe they are going to be billionaires in the new world order when Trump comes back and makes LINK the official currency of the united states and declares sergey to be the second coming of jesus christ
>>27421598>he doesn't know about chainlinked teledildonicsngmi
>>27423134if you could build a product better than chainlink and put it out for free thereby making link non-competetive, and make money from it by shorting, why wouldn't you?
>>27415829you sure know alot about cock sizes anon
>>27422304>Arbitrage connects all non-scam markets together.Not in a way that can automatically trigger smart contracts, which is arguably the entire point of the DeFi endeavor.
>>27413430You really don't understand how crypto moves. It has fuck all to do with merit and everything to do with selling a narrative VS how much fiat people are raising to keep the lights on (whales, exchanges, and developers). Sometimes that narrative is created through shilling and wash trading and other shit, but it's smoke and mirrors.LINK isn't producing a narrative that balances out the liquidity being raised off the back of said narrative.
>>27423134You'd still make millions from people either hiring you, buying you out, or hype around your work BTFOing LINK. Why not do it?
>>27399047Holy fuck my cock Sergey I love you
>>27423969>>27415498>>27415829Based and gay
>>27421384Are you expecting any unbiased source to exist?
>>27423397>>27424221Say I do develop my own DeFi project which needs price feeds. I can get all the data I need from uniswap for free, or develop my own proprietary oracle to do the same thing uniswap does. A lot of legitimate projects do this. MAKER, Compound, DAI, etc etc etc.Now say there's a fat russian who will offer me somewhere between 100,000 and 500,000 shitcoins to NOT do this. He offers a subpar solution that doesn't quite fit my needs. It's slow and expensive, but he's going to completely subsidize my costs by paying from the incentive wallet, so I get a few years of free use of his platform. But those shitcoins he's offering me are $20 each.I can either do some work, OR I can get paid somewhere between 2 million and 10 million dollars to do absolutely nothing except dump these bags the fat russian just gifted me. This is why lots of small new projects aren't using their own oracles at the moment. Ironically the second LINK is 100% circulating and now the customers have to pay to use the system, it will dump like you've never seen before. The competition to LINK is free and open source. Nobody is going to pay to use chainlink when it has a shittier product and they're not being given millions of dollars to integrate it for a year or two.
>>27425176Yeah, this one's going in the prediction cringe compilation.
>>27425176source on chainlink paying users please
>>27425583The ICO, the chainlink website, sergey himself (he uses the word "incentive"), and literally every single bit of chainlink information if you don't live under a rock.https://chain.link/community/grantsScroll down to "integration grants". This was outlined at the ICO and they're doing exactly what they said they would at the ICO. They pay you in LINK if you integrate Chainlink. Why does nobody even look into their own investments?
>>27425583It will never come, same as the cayman claims
>>27425800they might sell otc apart from the grants, ever thought of that dipshit? have you started work on your free chainlink killer yet? lel
>>27423134NGMI
>>27425975>things that sergey has been saying for years are liesokay>>27426038>Chainlink says they will give you free link if you integrate chainlink into your product>they also say that 30% of all link are set aside to subsidize the nodes so you don't have to pay for their service>"t-they might be LINK buying AS WELL as being given the free LINK"this is incredible cope
>>27426187You misunderstand me. Im saying the cayman islands nail salon story is b.s.
>Who was behind the NXT coin SCAM?>Who offered to buy and sell HOUSES in the early ages of BTC through smartcontracts.com?>Who founded teams in Russia and Eastern Europe through QED Capital?>Who made false claims of alliance between Chainlink + SWIFT ?>Who set up all their businesses in the Cayman Islands (including Chainlink)?Chainlink is a very sophisticated scam. Don't say I didn't warn you.
>>27412584He's shilling Ampleforth here
>number schizo busy shitting up bao threads>link thread quality improvesFinally
I heard the ring buzzes any time LINK moves up 10% and the only button to make it stop automatically dumps 500,000 LINK on the market.
>>27428662Based>>27427548Has anyone got the father & sergey story?That was epic FUD
>>27415808Based. I'm gonna call you TranscriberAnon. For the annals. Good work marine