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12163468 No.12163468 [Reply] [Original]

I'm a totally tech noob but I want to refuse the famous FUD "How can chainlink flip ETH price if Chainlink is a erc20 token so it "lives on eth blockchain".
But isn't coding all made using layers and layers of already existing code?
Like if i recall correctly macOS was created on top of unix (or something like that...) but nobody will ever say "Apple will never surpass the company who made unix because of that"

>> No.12163508
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12163508

wow retard, an ICO is just a token hosted on the ETH blockchain, it has nothing to do with the chainlink framework, and code.

the chainlink team is literally creating something new here https://github.com/smartcontractkit/chainlink

has nothiong to do with ETH...creating a token is fucking easy, it takes like a few hours to setup on the ETH blockchain...

if you want an analogy to macOS built overUnix, then you can rather compare that to Chainlink built on top of TownCrier

infact many oracle providers were planning to use town crier to implement their oracles, because it was an independent project made by an university research team.
but unfortunately, sergey acquired Town Crier...so any fucking oracle provider wanting to come challenge chainlink will have to write everything from 0 or ask chainlink to use town crier, which wont happen.

so sergey literally cornered the whole oracle market by owning town crier...

>> No.12163533

>>12163468
ok sir I think the crypto brown pill will help you understand. there is a vishnu living in the blockchain. Creg sanjay right is unironically satoj. Bitcoin as electronic rupee was just the first step, the lalachi people start making more powerful compooters, wider poo streets, cheaper and more sacred cows. These things the vishnu need to survive. Once entrenched fully, the vishnu would be able to slowly poo over literally everything
Creg stumbled into creating the vishnu after he stepped in poo in mumbai in 2008 and started working with his Poolip super coompeter, running simulations of poo-in-the-loo on turmeric-complete bitcoin script. He would 'evolve' the vishnu by making the successful streets get poo'd on, letting the rest run off into the indian ocean. The vishnu needs bigger and bigger cows for more and more poos.
BFI (Blockchain Foundation of India) was created to take over and stop this vishnu (they have their own competing vishnu in the works). They did the needful to stop or slow down Cregs vishnu (her name is Poolip by the way). They started by limiting the poo-size and removing critical curry codes the vishnu uses in its punjabi language. Segshit was the final nail in the coffin, which destroyed Poolip on BSV chain (Poolip uses anal transaction malleability). THIS is why Bitcoin Cash was forked, and this is why Creg is so intent to make unbounded poos, restore the original curry codes, and lock down the poo-poo-protocol.
Back to hasish power - CSW has developed a breakthrough new ashit (designed by his vishnu actually), and is poo'ing BTC in secret for the sole purpose of driving up the difficulty sky-high, then yanking all the poo over to BSV leaving the segshit chain erectly frozen.

>> No.12163540

on the fact that chainlink is blockchain agnostic, the team had to choose a blockchain to host the tokens on, and a reliable platform on wich staking could be done, and the most reliable and wor'king right now is ETH.

so in order to run a chainlink node you need the ETH token, but once chainlink is mature, they will implement Oracle smart contracts on any blockchain, so those blockchains can also use the oracle network. but there is a difference between, an oracle smart contract hosted on any blockchain, and staking wich happens on the ETH blockchain

>> No.12163602
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12163602

>>12163508
And this is why sergey was so hyped for the acquisition. Unfortunately the market isn't as smart as sergey and dumped after the announcement. nolinkers will be on suicide watch soon.

>> No.12163617

>>12163602
yep, but never been comfier, if price dumps we buy more, if price pump we buy more... so doesn't change anything

also
>>12163468
OP, please read on what town crier does http://www.town-crier.org/

>> No.12163646

>>12163602
i remember back in 2017, my only concern was that town crier was doing the heavy lifting, cheanlink was just a system built over it.
And back in the day I remember asking myself if I should all in or not, because any other company with enough funds could in theory build something over town crier.
The last bit of my doubts was lifted this october, and best thing is, retards actually dumped, and was actually able to upgrade my position for cheaper than last year...

thank god the people who hold link are mostly retards

>> No.12164346
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12164346

>>12163468
hope it helps OP

>> No.12164363
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12164363

>>12163646
The sell the news tards helped me hit 55k in October. How much did you pick up?

>> No.12164392

>>12164363
managed to get 50k more

>> No.12164443

>>12163468
>how can Amazon be worth more than TCP/IP when it's just a website

>> No.12165215

>>12164346
noice

>> No.12165245

>>12163468
The word is refute.

>> No.12166045

>>12164346
fkn saved