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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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13933050 No.13933050 [Reply] [Original]

>> No.13933058

>>13933050
fuck off delphi fren

>> No.13933073

great project sirs
requests the price of eth reliably sirs
https://vocaroo.com/i/s0L7Pq0rq48l

>> No.13933074

>>13933050

Have sex incel

>> No.13933076

>>13933050
>hates link so much he creates threads on the price action
>follows the project so closely he generates novel and current FUD plot lines
>has the GitHub, gitter, pivotaltracker and blog site bookmarked so he can keep up to date with the project he supposedly hates so much

>> No.13933114

>>13933050

Hi I don't have any link, what's the price of ETH

>> No.13933125

>>13933114
That'll be two dolla fiddy, mate. Also show me your price retrieving loicense first. Then we can go and set up link contract for you to get the price

>> No.13933148

>>13933050
I want to pay 5 dollars in fees to know current ETh price - Said no large business ever

>> No.13933175

>>13933148
Yes because that is all that link will ever be

>> No.13933184

>>13933148

Have sex my dude

>> No.13933193

i will pay u 0.01 eth to know price of eth sir
please do the needful

>> No.13933200

>>13933148
>5 dollars in fees
What are threshold signatures.

Also, have fun using the USD price of ETH in smart contracts without oracles.

>>13933125
>loicense
KYC is literally (LITERALLY) optional.

>> No.13933256

>>13933200
This. That being said I do find this FUD narrative kind of funny. Still not selling.

>> No.13933304

>>13933050
I'll just use cmc fren thanks

>> No.13933347

>>13933304
The point is for the price to be used in smart contracts.

>> No.13933574

>>13933347
you can still query api endpoints in a smart contract, your data is just subject to gaming by the data-owner. if CMC has no reason to fudge your data they probably won't

>> No.13933605

>google eth price
nah m8 thats not decentralized trustless data fetched and throttled through oracles

>> No.13933608

>>13933574
>you can still query api endpoints in a smart contract
Not without oracles you can't

https://ethereum.stackexchange.com/questions/301/why-cant-contracts-make-api-calls

>> No.13933624

>>13933574
>you can still query api endpoints in a smart contract
Using oracles, sure.

>> No.13933660

>>13933608
You can use centralized trusted third party oracles. It is way cheaper and currently more reliable.

>> No.13933686

>>13933660
>You can use centralized trusted third party oracles.
Yup, you can use just one Chainlink node if that's what you want.

>> No.13933728

>>13933686
No that is not possible. It is too expensive and there are none available. Better pay some third party for cheaper and reliable centralized oracle.

>> No.13933737

>>13933728
>No that is not possible.
Yes it literally is.

>> No.13933764

>>13933737
Well show me some nodes on chainlinks mainnet. I want to buy some reliable soccer results for my dapp.

>> No.13933799

>>13933764
>hahahaha! Chainlink isn't finished yet!
Good fud, fren.

>> No.13933849
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13933849

>>13933148

kek

>> No.13933897
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13933897

>>13933073
i am dying kek

>> No.13933926

What's wrong with just setting up a simple API to directly retrieve the median price from like 10 different exchanges?
It's cheaper than paying a node operator, and it's just as reliable.

>> No.13933961

>>13933200
>what is threshold signatures

A literal blogpost filled with claims and autist stuff. The code isn't audited nor production ready, so your precious mainnet is as shit as zrx protocol, omg, civic or augur. Threshold are the Lightning network of LINK

>> No.13933968

>>13933926
>What's wrong with just setting up a simple API
lmao, nothing.
APIs the pastures on which oracles graze, the more APIs the better for Chainlink.

>> No.13933982

>>13933961
>haha it isn't the future yet, Chainlink BTFO!!!
Cope.

>> No.13933983

>>13933073
Based and underrated

>> No.13933996

>>13933799
>Chainlink isn't finished yet!
Well that my friend is exactly the problem. You can not release unfinished product and expect people to use that shit.

>> No.13934035

>>13933968
you don't need link to feed external data into the blockchain.
it's supposed to decentrlize the process, but you can easily do it yourself (as i just demonstrated).

>> No.13934072

>>13934035
You can write your own oracle to call an API and write the response to chain, but then your trustless smart contract has to trust you and your oracle

I wouldn't enter into a tamper proof digital agreement with someone if i had to trust someone's oracle to not be tampered with

>> No.13934082

>>13933996
>You can not release unfinished product and expect people to use that shit.
Well that's what pretty much everyone does.

>>13934035
>you don't need link to feed external data into the blockchain.
Well you need oracles.

>you can easily do it yourself
Or you can use a node from the most reputable oracle network in the world so people who are not you can actually rely on the produced results.

>> No.13934120
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13934120

>>13933050
If you need the price of any crypto don't use link instead call me Rashjesh at Rashjesh and Kumars API service. Our trained professionals are on hand to check the price of any crypto currency day or night. If you need a price and are too busy to search it for yourself Rashjesh and Kumar are here to help.

>> No.13934128

>>13934082
>Well that's what pretty much everyone does.
Like who? Other retarded useless crypto projects?

>> No.13934144

>>13934120
And how do you get the data from your API to the smart contract?

>>13934128
Literally everyone.
From cars to games to operating systems, literally everything starts with a gimped and often borderline malfunctioning product.

>> No.13934160

>>13934128
Open source projects are often 'work in progress'
You often update linux or apache and get a new feature that had been talked about for months or years

>> No.13934170

>>13934144
>literally everything starts with a gimped and often borderline malfunctioning product.
Like what? Give me examples.

>> No.13934234

>>13934144
You make telephone call to me and I search gogole or duckduckgo. You can trust me. If no trust me trust Kumar. I Rashjesh will deliver you service over the phone from telemarketing workplace. Very secure sirs.

>> No.13934283

>>13934072
>>13934082
actually, you don't even need external data to get the eth/usd exchange rate.
just get the median exchange rate for pax/eth, dai/eth, tusd/eth and usdc/eth straight from etherdelta. even if one of these stablecoins collapse, your exchange rate still remains accurate because it's a median.

>> No.13934320

>>13934170
Are you insane or something?

>> No.13934331

>>13934320
No. Please give us some real life examples.

>> No.13934340

>>13934234
No but how do you get the data on the blockchain?

>>13934283
>doing that
>not needing oracles
How are you going to calculate the median? On-chain?

Also, DAI for instance uses oracles.

>> No.13934368

>>13934340
yes, on-chain.
don't tell me that eth isn't capable of calculating the media of four (4) different values

>> No.13934395
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13934395

>>13934331
I'm only humoring you because I honestly believe you actually have mental problems.

>> No.13934397

>>13934340
>How are you going to calculate the median? On-chain?
Ethereum's VM can do some math. Believe it or not.

>> No.13934413

>>13934340
My cousin sajeet he run blockchain I will give to him no problems sir. Our way best in India

>> No.13934428

>>13934368
>>13934397
Well both Satoshi himself and Vitalik have advocated for off-chain calculations/consensus.

Also,
>straight from etherdelta
lmao
So a single source for a single use case that is done better with oracles.
This is your fud?

Also, the DAI stablecoin for instance uses oracles.

>> No.13934443

>>13934395
Didn't know that rockets were commercial products that anyone could buy. Well I think you made your point very clear.

>> No.13934450

>>13934397
Then you get back to the cost argument

An oracle call is cheaper than calculating median on chain

>> No.13934463

>>13934428
>So a single source for a single use case that is done better with oracles.
Better, easier and cheaper.

>> No.13934476

>>13934463
Maybe for a crypto kitty trading dapp, not for trade finance smart contracts

>> No.13934492
File: 740 KB, 1099x485, phon.png [View same] [iqdb] [saucenao] [google]
13934492

>>13934443
>commercial products that anyone could buy
Look at those goalposts fly.

>> No.13934497

>>13934476
I dont see any finance trading smart contracts? Do you?

>> No.13934512

>>13934463
Yes, done better, easier, and cheaper with oracles.

>>13934497
The initial mainnet release was yesterday, calm down lmao.

>> No.13934514

>>13934492
Both of the products in your image were perfectly functional when they were made available for the public.

Your point again?

>> No.13934524

>>13934120
Rolling

>> No.13934533

>>13934514
>Both of the products in your image were perfectly functional when they were made available for the public.
So is Chainlink's initial mainnet release.

>Your point again?
That the initial release of new tech is always limited.

>> No.13934560

>>13934492

150 year gap between the two images and it'll be 150 years before sergey's fat ass even starts attempting to fix the 'oracle problem' that he dreamt up to scam retarded neets out of 32 million.

>> No.13934572

>>13934560
At least you're not butthurt about it or anything.

>> No.13934575

>>13933050
I bet you $100 the price of eth will be > $500 on 12am EST December 30th.
Lets use link to get a reliable price, cost will be $0.30 and we can be sure of the data integrity.

>> No.13934588

>>13934533
>So is Chainlink's initial mainnet release.
No it is not. It is too expensive to use. Node operators are losing money if they want to provide data.

You must think that losing money is good thing, do you?

>> No.13934609

>>13934588
>No it is not.
Yes it is.

>It is too expensive to use.
Not really, but so were the first phones for a very long time.
It wasn't until 50-60 years ago that regular people had them.

>> No.13934614

>>13934120
rolling

>> No.13934625

>>13934120

roll

>> No.13934633

A decentralized oracle is an unneeded extra layer. It moves the trust problem, doesn't solve it. The real solution (used by literally every large company) is using trusted sources based on reputation and proper risk management.

>> No.13934637

>>13934609
Then tell me. How much does one API call currently costs?

>> No.13934642

>>13934633
>don't use oracles, use sources
When you know nothing about the subject matter, but you must absolutely post.

>> No.13934655

>>13934637
Stop asking me to post shit.
It's annoying and it never ends well for you.

>> No.13934718

>>13934633
> don't use decentralized smart contracts
> have corporations trust other corporations
wew lad

>> No.13934730

cuck

>> No.13934807

>>13933660
>You can use centralized trusted third party oracles.
uhhh yeah, like chainlink
or oraclize, which now uses chainlink
so yeah.

>> No.13934874

>>13933073
Lmao fuck you Rashit

>> No.13934875

>>13934633
Jesus Christ, you're retarded

>> No.13934886

>>13933073
based

>> No.13935065

>>13934655
Seriously, how much does one API call cost currently in mainnet?

>> No.13935087

>>13933050
the logo of assholestretchery

>> No.13935104

>>13935065
More than a linkies self esteem

>> No.13935135

>>13935065
Why do you keep asking me about shit you should be able to find easily yourself?
Also,
>what are threshold signatures

>> No.13935795

>>13935135
Well I find API calls to be too expensive. Very easy to find out.

And threshold signatures are theoretical, not tested, not implemented and not usable.

Thus the mainnet is usable piece of shit. Congrats for the team for successful product launch.

>> No.13935834

>>13935795
You do realize the initial release was yesterday, right?
ETH and BTC were similar upon initial release.

Keep posting about Chainlink though, really shows how important Chainlink is to you.

>> No.13935956

>>13935834
>ETH and BTC were similar upon initial release.
You are saying that ETH and BTC were too expensive to use upon initial release? Seriously. I mean seriously. Come on..

At least BTC hasn't changed it's protocol. Not sure about ethereum as they've had hard forks.

Do you have any idea what you're talking about, or am I just talking to another moron who's just parroting "threshold sigs! threshold sigs!!!11"

>> No.13935978

>>13935956
>You are saying that ETH and BTC were too expensive to use upon initial release?
I'm saying they had limitations as well, being initial releases.

Keep posing more words about Chainlink. It's probably the most important thing in your life right now, based on how much you care and how emotional you keep getting.

>> No.13936041

>>13935978
>I'm saying they had limitations as well, being initial releases.
And they still have those same limitations. Seriously, you don't have a single clue. Do you?

Chainlink is very useful as an example of failed product that was hyped among community which will eventually cost a lot of money to them. There is a reason why financially educated people do not invest in shitcoins. I'm trying to see and learn what they know.

Chainlink makes this learning process very clear and easy to understand.

>> No.13936095

>>13934633
>the truly innovative technology is the one we've been using for thousands of years!

>> No.13936149

>>13936095
Yes they are. They've stand the test of time and are still as useful as they were at their time of invention.

Finally someone get's it. Most of the innovation is shit.

>> No.13936169

>>13936095
>hey, let's use hexagonal wheels
>but that's retarded
>lol you're afraid of innovation, stupid boomer

>> No.13936274

>>13936041
Financially educated VCs invested in Juciero.

>> No.13936279

>>13934283

>Median of 4 values
You do realize you're going to be taking the average of 2 and 3 right?
And what is volume of these trade pairs on etherdelta? How much money do I need to momentarily pump or dump two (two pairs guarantees your median value will be way off from prices in other big exchanges) of these stablecoin pairs to competely fuck up your smart contract?

>> No.13936302

>>13936041
>And they still have those same limitations.
Some, some were fixed.

>Chainlink is very useful as an example of failed product
Yeah, like Alexander Graham Bell's contraption was a failed product.

Type more words about Chainlink, the number one thing in your life right now.

>> No.13936310

>>13936169
B-but Tom Gonser!

>> No.13936311

>>13933073
10/10 magnificent

>> No.13936312

>>13933193
But why would you know how many ETH to pay for an API call to interrogate the current ETH price? What if ETH has big green dildo'd?

>> No.13936343

>>13933961
>Threshold are the Lightning network of LINK

that was cold-blooded, wow

>> No.13936353

>>13936302
They still have the limitations. There is a reason why bitcoin isn't global currency and why no one uses ethereum in their business.

I am actually trying to post more in this thread. I might stop when I have more posts than chainlink has nodes on mainnet.

I'm not far away, am I?

>> No.13936366

Reminder that literally no cryptocurrency/platform works in any way whatsoever.

>> No.13936374

>>13936353
>They still have the limitations.
You think every single limitation from BTC and ETH's initial releases was left unfixed?
Stop broadcasting your psychosis this publicly.

>> No.13936415

>>13936374
Not every single one but most of them. And the fixes were not enough to fix anything. Just look at the scaling problems they have. You surely have to recognize at least that fact.

>> No.13936417

>>13934331
https://en.wikipedia.org/wiki/Windows_1.0

>> No.13936428

omg it's so satisfactory to see linktards getting roasted LOL!

very good smart contract coin sir

>> No.13936448

>>13936415
>Not every single one but most of them.
k
Well I'm telling you tons of bugs and limitations were fixed and expanded since the initial releases of BTC and ETH.
ETH for instance is barely recognizable, and still has to implement major fundamental changes that were envisioned years ago.

>> No.13936467

>>13935065
5 dollars

>> No.13936524

>>13936448
Yes they fixed the bugs in their clients but the protocols are mostly the same. You seem to not understand blockchain and smart contracts and how they differ from traditional sw development.

I'm just wasting my time with you. Btw which one is bigger number. The amount of posts I've made in this thread or the amount of nodes in chainlink's mainnet?

At least you can answer to that.

>> No.13936552

>>13936524
>Yes they fixed the bugs in their clients but the protocols are mostly the same.
Just like with Chainlink.
The protocol is "oracles": independent entities that reach off-chain consensus.
That won't change.

>I'm just wasting my time
Oh, no.
It's never a waste of time talking about something that is clearly very important to you.

>> No.13936593

>>13936552
Well now you are admitting that chainlink is not going to fix it's limitations without even realizing it. Enjoy the clusterfuck that token swaps are going to create for every bug fix.

Btw which one is bigger number. The amount of posts I've made in this thread or the amount of nodes in chainlink's mainnet?

>> No.13936620

>>13936593
>now you are admitting that chainlink is not going to fix it's limitations without even realizing it.
What in the world makes you say that?

>> No.13936676

>>13936593
its

>> No.13936681

>>13936620
That is your homework to find out. It is very clear that you've invested into something you do not understand.

Btw which one is bigger number? The amount of posts I've made in this thread or the amount of nodes in chainlink's mainnet?

>> No.13936711

>>13936681
>That is your homework to find out.
Take your meds.

>> No.13936741

>>13936711
Cut your losses.

Btw which one is bigger number? The amount of posts I've made in this thread or the amount of nodes in chainlink's mainnet? I'm getting closer, am I?

>> No.13936780

>>13936741
>Cut your losses.
Why do you want me to so badly?

>> No.13936825

>>13936780
You like losing money. I knew it.

Btw which one is bigger number? The amount of posts I've made in this thread or the amount of nodes in chainlink's mainnet? Impossible to answer?

>> No.13936848

>>13936825
>You like losing money. I knew it.
Keep caring.

>Btw which one is bigger number? The amount of posts I've made in this thread or the amount of nodes in chainlink's mainnet? Impossible to answer?
Keep showing how you didn't read the blog, it's really helping your cause.

>> No.13936881

>>13933050
prepare for sub one dollar forever

stupid faggot ass nigger linkies ahahahahahahahahahahahhafisadubfasubfas

i waited for this time frame for 2 years

im enjoying every fucking second of it

>> No.13936894

>>13933073
dear can you fucking not

>> No.13936914

>>13936894
>id
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA I DON'T WANT TO WAGEKEK TOMORROW SIRS

>> No.13936925
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13936925

>>13933073
>https://vocaroo.com/i/s0L7Pq0rq48l

>> No.13937834

roll