LINK Technical Discussion

[Anonymous No.10726979]

I'm FUDing the shit out of this token because I'm fucking tired of seeing it on this board. There needs to be a sticky on the technical aspects of LINK so retarded newcomers don't lose all their money.

Where are the non-brainlets that actually hold this piece of shit ERC20 token?

LINK is nothing but a shit ERC20 smart contract that won't even have it's own blockchain. It's simply writing to solidity and relies completely on Ethereum to exist.

Mainnet is going to be clogged with bugs, and that's just writing to solidity. Once they try writing to BTC core it'll be even worse. Sergey is trying to force a square peg through a round hole. Whatever PnD group is coordinating the LINK shilling needs to be exposed because it's fucking old

[Anonymous No.10727001]

babby's first FUD. you are way outta your league, friend

[Anonymous No.10727016]

I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have high reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Ethereum hit. Happy gambling though anons.

[Anonymous No.10727020]

>>10726979
Honestly at this point I couldn't care less if it works or not because it'll moon either way

[Anonymous No.10727029]

>>10727001
Please tell me how LINK is going to manage to write to ETH, BTC, and Fintech - what code base is it using?

[Anonymous No.10727048]

>>10726979
stop crying you faggot. NOTHING you can do will literally stop us from making it. DO YOU HEAR ME? its written in the stars that this will be the moon of all crypto moonshots.

[Anonymous No.10727069]

>>10727016
Great points anon, there's no way a multi-trillion dollar banking cartel is going to trust their data with a literal 4chan memecoin.

I can't even tell if these retards actually believe $2500 EOY or if it's some stupid joke they're passing around on discord. The bagholders probably don't event get the circulating supply issue for it to get to $2500

[Anonymous No.10727077]

>>10727029
Just take the L

[Anonymous No.10727078]

>>10727048
>>10727020
>>10727001
You guys can't even explain the technical aspects of this bullshit smart contract

[Anonymous No.10727098]

>>10727069
10k eoy

[Anonymous No.10727108]

>>10727016
This faggot gets it. REAL businesses run on regulations and contracts enforced by courts of LAW, nationally as well as internationally. Holy shit, blockchain ain't shit in a real world usecase.

Why can't you brainlets understand this? OH RIGHT - you never had a REAL job in a corporation above flipping burgers. MBAs, JDs and anyone else who has just a bit of edumacation you sorely lack, understands this and is laughing their ass off about crypto.

[Anonymous No.10727127]

>>10727016
Damn, you know your shit.
I appreciate the research you've put into this, and thank you for sharing it. I hope others seriously consider your warning.

[Anonymous No.10727145]

>>10727078
The LINK shills are awfully quiet when they get called out

[Anonymous No.10727263]

I'm going to shamelessly self bump until I get a decent explanation of how LINK is intended to work

[Anonymous No.10727305]

>>10726979
AH NUUUUUU CHEEKI BREEKI IV DAMKE

[Anonymous No.10727328]

>>10727305
Thank you for your input - you guys are doing great proving my point

[Anonymous No.10727431]

Clearly LINK is literally only a memecoin coordinated by discord shills. Mods should really make a sticky to warn new comers

[Anonymous No.10727442]

>>10727263
dyor fag, buy it or don't. claiming it will rely completely on ethereum to exist is weak fud. claiming mainnet will be clogged with bugs is an unfounded assumption. thinking that a buggy mainnet is a bad thing is also weak fud. saying it will be difficult to write to btc core says more about btc core than link.

[Anonymous No.10727480]

you need to go back. is summer almost over?

[Anonymous No.10727485]

>>10726979
Terrible fud. But I've been here for a long time so I can spot it easy.

[Anonymous No.10727489]

>>10727442
Please tell me what code LINK is written in - how is it going to bridge solidity to BTC core? How is it going to bridge to all the API's it's aiming for like PayPal?

Clearly you don't know and haven't researched yourself

[Anonymous No.10727493]

dont even bother with these idiots, its either russian shills/bots or the morons that got fooled by them (this is why you will never get a real reply/explanation). massive overlap in nazi pissbaby /pol/ incels and linkfags... hmmm i wonder why....

[Anonymous No.10727506]

OP can't code. what a fag

[Anonymous No.10727511]

Holy fuck OP is actually a retarded newfag

>bridge solidarity to BTC core

I cringed

[Anonymous No.10727534]

>>10727511
>solidarity
It's solidity you fucking nog - look it up

[Anonymous No.10727552]

>>10727493
I guess I can just filter LINK threads, but there seriously should be a sticky discussion for newcomers on what LINK is and how not to get scammed

[Anonymous No.10727641]

Shameless self bump to the LINK shills that cannot explain anything

[Anonymous No.10727684]

>>10727641
why the fuck do we need to spoonfeed you? tired of this shit. newfags like you pajeeting up the board.

[Anonymous No.10727691]

Bump because there ARE too many of these fagcoin threads

[Anonymous No.10727697]

>>10727552
Please, filter link threads. Go ahead.

[Anonymous No.10727703]

>>10727489
you seriously don't even understand what chainlink is m8. go read the whitepaper. chainlinks are created based on use case. the swift chainlink won't even touch bitcoin core. if you wanted to make a chainlink which included bitcoin core then you would have a difficult job ahead of you, but not an impossible one. I'm not interested in figuring that out b/c I don't have a use case for a chainlink which includes bitcoin

[Anonymous No.10727715]

>>10727684
Because not one thread I've EVER read on LINK has discussed its technical merits or how it plans to operate. It's nothing but
>strap in boys
>$1000 EOY
>$2500 EOY
>7777777

[Anonymous No.10727731]

>>10727703
Explain this nifty infographic from their website then. Looks like it's going to be touching core quite a bit. At least it'll try (and fail miserably)

[Anonymous No.10727739]

>>10727684
>w-we don't gotta explain shit
>muh racism
lel it's always the same with you incels, will be posting the fashrage on fb when you cucky wuckys are dumped

[Anonymous No.10727771]

>>10727108

This.

Do you Linkies honestly think that a bunch of businesses all around the world are going to use a decentralized oracle network developed by a morbidly obese russian philosopher that is basically run by a cult of NEETs from a racist anime/meme forum who call themselves "The LINK Marines". You really think this shit is going to $1000 one day? In what fucking universe is this sequence of events even remotely possible to actually happen? Wake the FUCK UP Linkies, you're seriously D E L U S I O N A L.

[Anonymous No.10727773]

>>10727703
>>10727684
I love shutting down these fucking shills. Now who knows how the no begging sticky got put up? I was there for when they started talking about it. Was it simply a vote by replies in a thread? LINK really needs to be stickied for new comers - we need to purge this fucking board of these retarded fucks

[Anonymous No.10727780]

>>10727731
I'm done. Don't buy it, and make sure to filter the linkie threads so you don't end up killing yourself next year.

[Anonymous No.10727793]

>>10727715
>>10727731
>>10727773
>Im sick of link threads!
>Bumps his own link thread 35 times
R E N T
F R E E

[Anonymous No.10727813]

>>10727793
I am sick of them! That's why I'm ripping it to shreds and not one of you bitches can explain the tech of how an ERC20 TOKEN is going to bridge ethereum to API's to BTC core. Solidity is fucking LIMITED in its capacity. LINK is trying to reinvent the wheel

[Anonymous No.10727824]

>>10727715
There's no room for heretics here.

[Anonymous No.10727830]

>>10727813
>39 replies

[Anonymous No.10727855]

Weird

[Anonymous No.10727858]

>>10727731
>What are public blockchains?

[Anonymous No.10727880]

>>10726979
>>10727029
>>10727069
>>10727078
>>10727145
>>10727263
>>10727328
>>10727431
>>10727489
>>10727534
>>10727552
>>10727641
>>10727715
>>10727731
>>10727773
>>10727813
rent free faggot

[Anonymous No.10727890]

>>10726979
VEN GANG VEN GANG VEN GANG VEN GANG
VEN GANG VEN GANG VEN GANG

BOUGHT SOME 3 STACKS OF VECHAIN
GONNA TRACK MY WINE ON BLOCK CHAIN

[Anonymous No.10727911]

>>10727880
>>10727858
>>10727830
>>10727824
Still waiting...
>but muh oracles going to solve everything no need for any other coin ever
D E L U S I O N A L

[Anonymous No.10727918]

I just wan't to know what happened in that vid???????

[Anonymous No.10727924]

Don't worry LINKies I'm going to start a daily reminder thread every day that I wake up that NONE OF YOU KNOW HOW LINK IS SUPPOSED TO WORK

[Anonymous No.10727936]

>>10727911
3rd rate fud at best. The reason no one is replying is the same reason we don't reply to pajeet shitcoin shills.

[Anonymous No.10727940]

>>10727918
It's Sergey after a night of binge drinking after he realized he can't do shit about the "oracle problem"

[Anonymous No.10727945]

>>10727911
Do you even understand how blockchains work? Do you understand how etherscan can read ethereum and know when account a has sent funds to account b? You really need to DYOR. No one is here to spoonfeed you. It would take too long. Go find as many sources of information you can about link and blockchains and read them.

[Anonymous No.10727969]

>>10727945
Yeah I get all that, but that example is a simple smart contract. LINK is literally trying to bridge the nearly impossible with solidity? GTFO

[Anonymous No.10728028]

HELLO? Chain link is a company that links a chain to the god damn MOON.

[Anonymous No.10728037]

>>10726979
>>10727493
But guys, work with me here. I have LINK but I ALSO want to not speak about it all the fucking time. If it doesn't work I'll lose some money, that's it. OK, this is wishful thinking, OK, this isn't. Some things convince you some don't, fine. Day after day, it's torture. The most annoying thing is when I make an unrelated thread and people like it and it gets good discussion and there are like 5-6 replies saying
> Why do people not pay more attention to things like this instead of only talking about LINK?
Why are you forcing so much overanalization over it?

And yes, I'm aware I still haven't addressed a single technical question but please understand, I'm really just tired about arguments in bad faith. I don't know everything I see some potential and there's some risk and the whole market is in a weird moment and who knows what will happen and when and why? It's a guess in the end, nobody is buying anything hoping it goes down.

You see, so called nonbarinlets with LINK if they exist are in this dilemma. Not talking about it, letting the people who say you're FUDding to accumulate be the only ones you can speak to or dealing with your shit, so try to make it a bit easy.

[Anonymous No.10728049]

>>10727771
yes

[Anonymous No.10728080]

>>10728028
heh - I actually laughed. Good luck with that anon
>building an oracle on a language that is full of flaws
>pic related

[Anonymous No.10728173]

Bump to remind Anons that LINK is vaporware

[Anonymous No.10728196]

>>10727924
I'd honestly be down. Be sure to mega fud their "connections" threads

[Anonymous No.10728198]

>>10726979
Link is a piece of shit scamming people in the good hope of a singularity day. The tech is stupid. All their layers to enter into the blockchain is stupid, redundant and retarded. You’re wasting your time and money by investing, you probably don’t have half a brain

[Anonymous No.10728245]

>>10728198
Also while I like that you're challenging blind faith in link so far you've said a whole lot of nothing. You haven't linked any sources or comments from anyone with credibility on Link. Its like you're just as bad as they are saying solidity is bad wah link will fail with no more depth to your anti link argument. I want you to succeed and make a brilliant pasta with links and concrete hard fud but as it is you're just as credible as they are.

[Anonymous No.10728262]

>>10728173
fuck up

[Anonymous No.10728282]

>>10727969
with golang actually

[Anonymous No.10728285]

>>10728245
>pic related anon. Pic related

[Anonymous No.10728304]

>>10728245
He was being facetious. See his pic.

[Anonymous No.10728339]

>>10728304
I meant to respond to OP and their ID's have similar colors.

[Anonymous No.10728389]

>>10727016
nice copy frend

[Anonymous No.10728437]

>>10727077

kek

[Anonymous No.10728439]

BBC to use chainlink

[Anonymous No.10728452]

>>10727506
But I can. I told you brainlets 3 weeks ago after I finished with the code review that link is a piece of shit.

[Anonymous No.10728472]

>>10728282
Also golang is a piece of shit. Made by Google's pajeet army of half wits who can barely keep the company and its services afloat. If you have used any of Google's apis and integration then you will know what I mean. Pure Shit.

[Anonymous No.10728590]

>>10727715
Have you read any threads here that discuss the technicalities of any coin?
No, you haven't.

[Anonymous No.10728630]

1k eoy

[Anonymous No.10729241]

>>10728389
kek at the redditor who thought meme pasta was legit fud

[Anonymous No.10729281]

>Be Sergey at business meeting giving pitch

... so that's why if you are running a blockchain function that requires external information, you need an oracle service.

CEO: ok, and you provide such a service?

Sergey: Yes, through decentralized nodes.

CEO: ok great, and you ensure the accuracy of the off chain data?

Sergey: ...no.

CEO: wtf? So what happens if we get incorrect data?

Sergey: the node operator loses LINK tokens.

CEO: Who is the node operator? What the hell are LINK tokens? Barbara, get me Oraclize on the phone.

Oraclize: Hello?

CEO: Do you provide blockchain oracles?

Oraclize: Yes, proprietary ones specific to your needs.

CEO: Do you ensure accurate off chain data?

Oraclize: Yes.

CEO: Great, book it. Sergey, you and your LINK tokens gtfo.

>this kills the linky

[Anonymous No.10730042]

>>10726979

Save your breath anon, you're praying at the wrong church. These idiots are at the point of no return, and I don't blame them. For too long have they dreamt and planned their future of not having to work for a single minute ever again, picking the colours for their lambo fleet, lurking luxurious real estate websites and browsing celebritynetworth.com to see where they'll rank once their shitcoin reaches $1k.

Of course they'll try and defend their (soon to be proven terrible) decision to dump their allowance-tier savings into a bullshit project shilled by a russian philosophy major. Their delusion has consumed them to a degree where any thought of their dream ticket project failing brings them pain and depression. Even research has proven that the human brain can not tell a difference between reality and vivid imagination.

So instead of wasting your energy on a pointless task of trying to save them, consider it this way: a year from now, when LINK is still doing nothing and they are out of excuses and lies to tell themselves, we're going to have the biggest collection of depression and suicide watch threads this board has ever seen, and it's going to be fucking glorious.

I honestly can't wait.

[Anonymous No.10730148]

>>10730042
Another fudding no linker that is going to miss a huge opportunity, stay poor. What will be glorious will be laughing at you fools that miss your opportunity and have to fomo at higher prices.

[Anonymous No.10730188]

>>10729281
>smartcontract.com
>ICO doesn't use a smartcontract

ggnore

[Anonymous No.10730294]

>>10730148

Sure thing buddy. Keep telling yourself that, and keep coming back here for validation from morons who are equally deluded. Better reserve a spot on the bridge to jump off, that's the only LINK related fomo you'll ever get.

[Anonymous No.10730316]

I'm waiting for the juicy dividends of kek 1 year later from today. One of the two will be true:

>Linkies absolutely BTFO, as Link was a scam
NoLinkers absolutely BTFO, as Link actually fucking did it

Both of these will be equally hilarious

[Anonymous No.10730395]

>>10726979
Two things:
1) if you really cared you’d browse old link threads which discuss the technical merits in detail, or sift through the pivotal tracker to understand how it’s being built. Nobody is here to sell you link, in fact people prefer retards like you don’t buy which is why you won’t get serious answers here.
2) you can just filter the threads out, no reason to make a thread like this every day. Use the tools at your disposal instead of looking like a jackass preaching about “muh nobody can explain the technical aspects of link” when you can’t even figure out how to use a simple message board. How do you expect to even understand more technical things?

[Anonymous No.10730514]

Niggas let me lay it down, this is the God protocol, if our Russian nigga pulls through, we will own a piece of God. The old tales of the golden goose, will be replaced with those of the golden god protocol, a self fellating goldmine giving recursive wealth.

[Anonymous No.10730523]

>>10727016
What a load of cut and paste nonsense that gets spammed here by idiots trying to lower the price or discourage people from buying. If you read that and nod, then you are very very stupid. Companies trust their 'data APIs’ (whoever wrote this is not even a techie BTW) to run though all sort of material from cisco routers, to linux boxes, to tcpip stacks. Everytime they even use a commercial online bank via a website they use all the intervenint infrastructure (AKA, the internet). So what on earth is the fool who wrote this going on about? Well he’s just some guy trying to write crap that he can paste repeatedly into link threads to negatively influence price. However everything he says is actually utterly irrelevant to business adoption. If I told the couple of companies that I look after they could automate stock orders and payment further via this system they would use it. That's about 175M right there immediately. I probably will but I look after my own house and won't push them to be first adopters no. I have one particular system involving import from several nations that would replace two staff using this. That's worth about 500,000 in sales (20% margin, 50,000 a year salary). Then those people can be use for more productive work that back office like new product lines. Look at it this way,
companies once said:
“Why o we nee email fax is better”
“We'll never have use for the internet.”
“We’ll never have use for the web.”
“We’ll never have use for cloud services.”
And you are saying:
“We’ll never use blockchain.”
“That's only right if they don't have oracles.”
But they will.
And that's what's so cool about chainlink

[Anonymous No.10730558]

>>10727715
I've seen about 100000 legit threads about chainlink. Selective reading at its best. Lurk more newfag

[Anonymous No.10730602]

>>10730523
Natural selection, don't stress my fellow stinky

[Anonymous No.10730615]

>>10730523
lol ur a brainlet, we're not saying people won't use oracles, we're saying they won't use chainlinks.

Which is correct, chainlink has 0 network effect, 0 proprietary technology. Any big company that can afford a team of 10 devs can make chainlink's codebase in a week.

[Anonymous No.10730953]

>>10727078
Where’s the value in explaining it to you when I can see by OPs post that it’s evident he didn’t even read the whitepaper.

[Anonymous No.10730959]

>>10727016

Correct.

In the end, without means of legally enforcing the data and mediums, business will never touch this shit outside of shitty crypto merch webshops.

[Anonymous No.10730968]

>>10730953
Just checked. You are OP. Makes sense. I only share my own insight if it’s evident someone actually wants to learn. I can tell by your post that you haven’t even tried to understand anything. Waste of time to explain anything to brainlets.

[Anonymous No.10731015]

>>10727029
Try reading you mongoloid.

[Anonymous No.10731016]

>>10730968
Lazy linkers will not be tolerated

[Anonymous No.10731208]

>>10727489
it's written in Go... almost everything chainlink does happens off chain the erc20 token is only used for payment and reputation. not sure why I'm responding to obvious bait I just couldnt help it.

[Anonymous No.10731228]

>>10727069
>Great points anon, there's no way a multi-trillion dollar banking cartel is going to trust their data with a literal 4chan memecoin.
I'm feeling nice today so I'm gonna help you out anon. This is pasta.

[Anonymous No.10731250]

>>10728472
>I am more smarter than google guys, sell your link
https://opensource.com/article/17/11/why-go-grows