/biz/ - Business & Finance

DeFi without Chainlink is just shitcoin casino, dogshitcoin scams and hacks.
Crypto can rot for all I care.

>>56040461
defi is a shitcoin casino you retard

>>56040431
It's a combination of different reasons that Twitter fags are against Chainlink. Ivan was a Chainlink fanboy and even uses it in his project. But I guess ever since Chainlink started to charge for its services, a lot of projects turned against it (dydx, fringe and I guess Ivan now). The other reason is VCs and their paid jurnos (Jump crypto Pyth and LayerZero). And finally we have the MEV mafia and not wanting their monopoly disturbed. It's all so tiresome.

>>56040611
yep , totally has nothing to do with snail like development.

>>56040698
There's a reason Chainlink's never been exploited my zoomer friend.

>Ivan on Tech
>the largest and most respected public figures in this space
yeah Bybit ref link shiller most respected public figure in the space lmao

and to top it all of he mentions Ajna as a good example, even though it instantly got hacked and the code4arena audit had like 70 high risk exploits lmao

Chris Blec is that you

>>56040431
There is no shortage of "pure Defi" projects. Nobody wants to use them because they always get hacked or liquidated because of minor glitches. The only Defi that anyone wants to use anymore is the kind that is secured by reliable oracles.

>yeah I agree
>BTW show sponsored by ccip competitor

Also at 34:00 he goes into how oracles are needed for external data but defi should only use dex data
Holy fuck this is 2018 talking points we kept warning about and that caused hundreds of projects getting rekt
Moron

not buying your shitcoin analyser fatboy

>>56040783
Patrick Collins already said audits are worthless stop twisting the narrative decentralization matters except for ethereum where decentralization is just a bootstrapping meme according to Justin Drake.

>>56040431
>we

>>56040431
he makes some great points. i think with the current downturn, it's a great time to work on this. if the majority of trades does occur on dexes, then no offchain data is needed. so incentives / disincentives should be put in place to promote dex trading. it's an exciting prospect and can be worked on chains independently. that's the future crypto should strive for, not relying on legacy oracle tech forever

We're fed up with your dead coin released in 2017 and no longer of interest to anyone. You're not early anymore, you just buy the bags from the old-timers and the team. Now stop talking about Link on /biz

>>56040611
why do these people expect chainlink to do a service for free? lool

>>56041742
it was largely funded by outside money, but unlike a stock offering, buyers of the token don't obtain part ownership of the company. their only incentive is the hope that speculation will increase the price of the token. it's a bit morally iffy for the company to make profits for the founders without giving anything back to token holders. it could be said that they reduce the need for outside funding, but that just leaves original token buyers footing the bill

>>56041692
Gargle my balls fudcuck.
This is a Chainlink board.

>>56041617
This. Any open minded person understands that the purpose of crypto is to replace the old financial system and not just be integrated into it.
Chainlink is the embodiment of the legacy finance world trying to stop DeFi from taking over.

>>56041877
that doesn't answer my question

>56041974
DeFi is nothing without cChainlink

>>56041215
>audits are worthless
Yeah, for scammers like Ajna founders, audits are worthless indeed, cause they won't do shit about the vulnerabilities and will just go "oops we got hackd sry your monies are gone lol"

People like OP, the fat fuck in the video, and you, should be shot on both knees and forced to crawl under barbed wire

>>56041986
in other words, the service was already paid for by token buyers. charging money again (without benefiting the original token buyers) for th sole benefit for the founders can be seen as double dipping. chainlink started out giving away their work for free, see for example their source code that binance is using freely now. so chainlink is aware, but they don't care

>>56042041
Um no bro that's not how audits are supposta work they're supposta reveal whether or not the project is a scam. I'd say auditors like Patrick Collins dropped the ball big time on Anja and rumor has it VCs were big time surprised by this very unusual outcome in crypto! I mean its not ever day they get scammed by shady devs

>>56041974
No one is trying to stop you from selling pregant sonic dot finance coins on anal sex swap, grow up.

>>56042219
Idk what you mean, i have been promised over 50 shitcoins i can trade on anal sex swap for chris chan coin within a year or two.

>>56041742
Because for years it was free and they took it for granted. Chainlink offers security, and I guess those people don't care that much about security to actually pay for it.

>>56043095
Nope, and as long as retards dont care about it either they will jump ship to make new rugs (or double rug, looking at you SDL)

Eventually the retards run out of capital though. So it wont be too long before knees are bent and mouths are opened :^)

>>56040431
damn i hadn't seen this guy in years. big homie's eatin good

>>56040431
Hasn’t this fat faggot spoken at SmartCon before where he was given a platform to shill his bullshit? What a snake kek. It’s plainly obvious that these retards are (very) slowly realizing that Chainlink is going to become *the* dominant force in this retarded industry, and all the various L1s and L2s are a complete afterthought. Chainlink is working towards a future of “who gives a fuck which chain you’re interacting with” and that’s a big problem for chubby boys like this guy who’s primary interest is just pumping and dumping whatever meme shit is happening this month.

Hes right Chainlink is not real crypto. Satoshi created bitcoin as a break away fair currency as a response to the 2008 banker caused crash. Chainlink are trying to bring these same bankers into crypto to destroy and control it. Chainlink is the enemy of all crypto and you should be against it too it you like freedom and autonomy.

>>56044579
>chainlink bad
My heart bleeds. Seriously. As I lie by the pool with my vodka martini I'll be sure to shed a tear

>>56044657
Our local /pol/ chuds will hunt you down as WEF sympathaziers

>>56040431
I work in the space with the powers that be and I have no idea who that guy is. I can tell you with 100% certainty he has zero influence or connections.

>>56041033
Checked. Amazing that it's the current year and the necessity for price oracles to have full market coverage is still a foreign concept to people.

>>56043051
>No one is trying to stop you from selling pregant sonic dot finance coins on anal sex swap, grow up.
solid kek

>>56040461
Blockchains should have HTTP requests built in. All validators make the same request and compare values. It's really not that hard to do but no one seems to be able to do it

>>56045332
must be real hard then pajeet

>>56040431
Still not giving you the view.

What is it now, like 1000 views per 1 cent ad revenue?

>>56041215
Why does that cringe faggot get nuthugged so much?

>>56040431
>it is time to look outside your bubble
Posts normie YT Shiller channel from 2017

>>56045355
>NO YOU NEED TO USE MY DOGSHIT SOLUTION TO A DOGSHIT PRODUCT
Just implement it into the validator. Problem solved

>>56040431
*fud spreads across the land*

>>56045816
Look, I know the whole market is down right now. Everybody's talking about the "crypto winter", there's a lot of FUD around at the moment. But Scorch is different, it really is the future of money. Just go to scorchcoin.com/ and read the whitepaper, that will explain everything. I know the devs and they are the real deal, and Scorch isn't going anywhere

>>56046046
You hit the nail on the head, bud. With the current market volatility and all the FUD from regulators, I am confident that Scorch is the perfect hedge against it all. Its innovative use case and strong governance make it an attractive investment. Plus, Scorch is completely decentralized and community driven, so there's no way for regulators to kill it off. And with a deflationary token model that rewards holders over time, this is an ideal hold for investors with a long term strategy. So while everyone else is panicking, I'm out here DCAing into Scorch and feeling comfy

>>56046046
>>56046511
Kys

>>56046046
Smell so much of curry anonfag. I'd rather jump on online casinos or explore Weber games on xFunArcade than buy from jews

>>56040461
You cannot have a DeFi product using Chainlink because Chainlink is centralized.

>>56040431
Dyor on SUPRA. You'd realize Chainlink stands no chance.

>>56040461
observe, the linky telling crypto to go to hell because his bags are heavy for years

>>56047946
The only useful crypto right now is Monero.
Chainlink is the only thing that can make the rest of the shitshow useful.

>>56047174
Well, you see, as the CEO of Scorch coin, I am an expert on all things crypto. And the fact that Defi uses a centralized oracle, means it’s not trustless. Therefore it’s all just a big scam. And you know what’s not a scam, Scorch Coin. Get in now and be a part of history as we change crypto for eternity