/biz/ - Business & Finance

>here I am another Saturday night alone reading LINK hopium
my life was not supposed to look like this at the age of 27... I'm so tired bros...

>dude just hold for 10 years
>dude ignore meme coins and other projects that 100x in a few days
kys link shill

>>50511535
nice

>>50511699
Checked, and it’s Friday night

>>50511699
>>50511777
checked

>>50511777
HOLY MOMMY MASTERS TRIPS

>>50511699
dont worry bro i am here too, checked

>>50511535
are you telcom anon?

>>50511808
>So tired after a day of waging that I don't know what day of the week it is

>>50511835
Yes

>>50511535
didnt you have a code to decipher

>>50512138
got link to thread about hyperledger payment scheme?

>>50511777
wow she looks terrible

>>50511535
Is this to say that committees of oracles will be responsible for attesting to the validity/constancy of backend siloed data which is used for settlement terms?
As in "proof of reserves" is a scheme that can attest to the status of ANYTHING valuable, not just BTC held in an address.
I guess data really is money.

>>50512304
It is to say data is being published on chain by two parties as to the status of a specific service (service ID, monthly cost, activation date, requested disconnect date, disconnect order #, etc.). Currently a manual review of that data is occurring to address settlement and the blockchain is acting as a shared database for that review, but there is a desire to automatically settle dispute when the on chain data from both parties is in agreement. Ex both parties have matching service ids, monthly costs, disconnect order #s and service end dates match, but the end billed dates don’t match. Question is who validated that data and trigger payment or credit and how can it be automated in a trust minimized and auditable way?

>>50512170
There was no code, just shared info

>>50512277
faggot. she holds up well for a woman her age. you are probably late teens, young 20s, so she should look more icky to you. also, checked.
>>50511833
>>50511777
>>50511699
i finally got unbanned and can post again. sweet. time to make another How to make money from fuck prostitute thread

>>50511777
>>50511832
>>50511833
>>50513099

Pay attention when they try to distract and derail threads

>>50513176
I think they are just retards. It comes with the territory. Anyway can you dump what you came to dump. We are all just so tired of waiting

>>50513176
based

>>50513305
I gave more details in my previous post, all I’m highlighting is billing reconciliation and dispute in these dinosaur industries drag on for months, costing a ton of time and resources to resolve. People like to fud price feeds as “why do you need to decentralize first party data” and “Chainlink is just a json parser or medianizer” and they are missing the real broad enterprise use cases. I’m this case, automating the review of the data from both parties and executing resolution of the disputes in a trust minimized and auditable fashion will cut down a 4+ month process to seconds.

>>50513176
you think a few posts from anons for gets and blytheposting is derailing a link thread? have you really not seen the actual derailing we've had to put up with for years? and no this post isn't meant to derail, i just cant believe some gets and mommy masters are perceived as derailing in a link thread. don't worry, keep posting and the bulgarians will come sooner or later.

>>50513085
>Question is who validated that data and trigger payment or credit and how can it be automated in a trust minimized and auditable way?

If it's a shared database, why is it going through Chainlink? I thought these private blockchains have their respective users post data to them? Where does the validation take place then? Does data flow from User -> Chainlink -> Blockchain?

>>50511535
Kleros is better. Cya chumps!

>>50513459
>I thought these private blockchains have their respective users post data to them? Where does the validation take place then? Does data flow from User -> Chainlink -> Blockchain?

Say it with me… abstraction layer. It’s not about the input on chain, it’s about reviewing the on chain data from both parties and executing conditions when that data is in agreement

>>50511535
wow amazing and when can we hope to see mixicles, tsigs, staking, deco, ccip or the second half of the oracle start ups?

But why is that any better than a centralized system? Why do you even need blockchain when you could just put these inputs into a system and it would spit out the results just like Chainlink would (but without all the extra costs).

>>50513570
>wow amazing and when can we hope to see mixicles, tsigs, staking, deco, ccip or the second half of the oracle start ups?

Staking and chip this year
Deco next year
No idea on the others

And it’s besides the point, I’m not talking about any of those features

>>50513601
You have two parties that have every incentive to screw the other over or delay payment for their own benefit. Who would control the centralized system? Who get to control the terms for contract execution?

Thanks for coming back and posting.
I recall your thread from the other day and have thought a lot about it.

I appreciate that you're presenting an interesting use case for the technology.
In this situation is there any utility for the token as well? I own LINK and would love to see adoption of the technology as it drives network growth. But since I own tokens I'm also looking forward to increased demand on the token (which could impact token price).
Does this business case require the tokens as well or is it a utilization of the underlying chainlink technology without token utility?

>>50513609
oh sorry i struggle remembering more than 5 immaterial things

>>50513652
So why would they sign up to a system which stops them screwing the other person over? And if they were screwing each other over in the past then why are they now magically trusting each other's data?

>>50511535
What's the purpose of a blockchain with two nodes? I agree with the general point you're making, but that business case sounds silly

>>50513843
Because there is significant cost associated with the people involved in the review process, potential for litigation etc.

>>50513964
Shared dataset between the two companies that can’t be tampered with. currently both companies have multiple database for ordering, billing, etc. often those databases could be in conflict within their own company (ex. A disconnect order was received and is visible in the order system but but never progressed into the billing database). The blockchain let’s both parties dump the data into the shared sandbox but then can’t manipulate/change the data in response to what they are seeing from the other company.

>>50513964
Also it’s not just two nodes. Each company has multiple databases sending api data

How much LINK should I hold if I want my kids to reap the rewards of lifelong wealth?

>>50511777

Checked Mommy

Good Thread thanks OP

>>50513972
Sounds good. So then they would still have people monitoring each other's data to make sure they weren't manipulating it? But I guess even if it's 2 FTEs in that process instead of 5 or whatever then it's a big improvement.

>>50514026
How is the consensus formed with only two parties involved? If either party disagrees with the state of the database how is the correct state determined?

>>50513176
This
Fuck your thot posting

>>50514278
It's not just 2 nodes, brainlet

>>50511777
CCCCCCCCHECKED MOMMY

>>50511730
>a guaranteed 100x-1000x in 10 years
>vs
>random meme pump n dump coins that you have a 1 in a 100 chance of making any money from,

>>50511699
I'm 10 years older and 10 times as demoralised. Fuck chainlink.

>>50514464
This.
>>50511730 is fudding or straight up retarded

>>50514161
It’s not about monitoring/manipulating the data. It’s automating resolution where there is agreement on the data. Right now think of it as two keys for launch. Both sides manually review and agree to resolve. If you can automate that you drastically reduce resolution times. The instances with disagreement still fall out into a manual review

>>50514278
It's desperate hopium. The same sort used to inject chainlink into every project for 5 years that it had nothing to do with.

>>50513667
The token will be required to any calls to the abstraction layer. This single use case is a single vendor relationship for a single product line/billing relationship and that alone is 10ks of thousands of disputes covering millions of dollars. Think of the number of calls this grows to across all product lines, for all vendors, for whole industries

Can you spell this process out for a retard. Say There's a peanut butter manufacturer selling peanut butter to a wholesaler, how does Chainlink come into play?

>>50514998
Sergey eats the peanut butter on its way to the warehouse

>>50514561
Hello
Is abstraction used here in the same sense how Object Oriented Programming uses abstraction? What exactly is being abstracted here.

>>50515139
You had three years. Go back

>>50511699
27? You are still a little baby. Go and find something to do. Youll regret the time you waste here more than anything to do with price action. Join a club, get a hobby or a gf or something. Youth is truly wasted on the young.

>>50515139
The usage of blockchain is what's being abstracted away by using Chainlink. Stacy in HR doesn't need to know what the block time is or how many confirmations a transaction has.

>>50514110
5-10k

>>50511699
are you me?

>>50511777
Wasted

>>50515412

>>50516259
wasted? how new are you? that's blythe

>>50515412

>>50514026
Thanks for the info anon
It’s these types of educational posts that don’t allow me to leave this place. Aside from all the humor of course.

fuck off with this gay hopium shit. release some tech or fuck off. sick and tired of reading these weak educational threads. stop wasting my time you stupid fucking niggers

>>50513541
So chainlink network will also process data? That also falls into Sergey's vision for it to become a truth machine.

>>50514464
Just wait 10 more years bro

>>50516856
It already does process multiple different types of data, it will only expand in usecases over time until it is simply generalized "off chain computation" and not just price feeds, VRF, etc.

>>50516814
Anon I’m sharing a real implementation, what else do you want…

>>50516998
>I’m sharing a hypothetical implementation
ftfy
wake me up when they finally ship something meaningful

>>50511535
One in the link, two in the pink.