/biz/ - Business & Finance

[Anonymous No.14094300]

Chainlink is open source. Why won't giant companies like Microsoft and Facebook just make their own version with their 100,000 world class developers and billion dollar budgets?

[Anonymous No.14094306]

>first mover advantage

[Anonymous No.14094315]

>>14094300
It’s patented.

[Anonymous No.14094319]

>>14094300
They will, but there will always be die-hards that cling to the original and make it a valid niche.

But the mainstream world will more than likely move on to Microsoft Chain™ or whatever if it becomes a profitable enough venture for big companies to even bother.

[Anonymous No.14094321]

>>14094300
They will.
And if they don't, do you really think the tech is worth anything?

[Anonymous No.14094331]

>>14094300
Why would they want to centralise a decentralised solution

[Anonymous No.14094339]

- Under Nedella, Microsoft have committed themselves heavily to open source

>https://cloudblogs.microsoft.com/opensource/2018/06/07/github-acquisition-microsoft-commitment-open-source-developers/

- Chainlink has a highly specialised team who will continually add features and improve security. This is a lifelong project.

- Chainlink is "independent". It's a protocol level approach.

[Anonymous No.14094344]

Why bark when you've got a dog

[Anonymous No.14094345]

>>14094300
Why doesn't Toyota make their own tires? Why did they partner with BMW to make the Supra? Why does every company use outlook?

[Anonymous No.14094348]

>>14094331
>he thinks facebook and microsoft are interested in decentralization
lel

[Anonymous No.14094350]

>>14094300
Because they stand to profit from an established open source blockchain middleware and there’s no point to erode trust in the public network when the applications built on it could be worth billions?

[Anonymous No.14094365]

>>14094348
If a centralised solution was good enough the oracle problem wouldnt even exist

[Anonymous No.14094368]

>>14094300

Dude it’s a shitcoin, nobody will copy this

[Anonymous No.14094369]

>>14094300
>when you realise that

[Anonymous No.14094372]

>>14094306
>>14094339
First mover advantage means nothing against tech giants with massive budget, resources, and world class brains. Japan copied every White tech and made it better.
>>14094315
Craig?
>>14094319
Companies won't cling to it and that's all that matters for price.
>>14094321
>f they don't, do you really think the tech is worth anything?
absolutely not
>>14094331
Why WOULDN'T they?
>>14094345
We're talking big guy vs. little guy.

[Anonymous No.14094376]

>>14094369
Video with sound? Also what was he watching?

[Anonymous No.14094386]

>>14094372
i was being sarcastic about the first mover adv, hence the pepe. but rather then making their own solution i assume MS or another big tech corp would just buy CL, seems more profitable. don't underestimate the long trajectory of CL, they started in 2k8. starting from scratch with a big team is an advantage, but still...

[Anonymous No.14094387]

>>14094376
ISIS beheading VR experience

[Anonymous No.14094390]

>>14094300
Get 9 women pregnant make baby in 1 month

[Anonymous No.14094391]

>>14094376
https://twitter.com/RT_com/status/1138173990323642382

[Anonymous No.14094396]

>>14094365
>the oracle problem

[Anonymous No.14094418]

>>14094372
Yeah, just like Apple and Microsoft have made superior Ethereums.

[Anonymous No.14094508]

>>14094300
>what is saas
What are you, 6?

[Anonymous No.14094513]

>>14094300
It's not about the software, it's about the network
When will you brainlets understand this

[Anonymous No.14094523]

>>14094300
Because LINK is a shitcoin only shilled on some anime board by poor kids?

[Anonymous No.14094528]

>>14094306
First mover advantage exists when you made something first, Chainlink hasn't made shit yet, if Facebook wanted they can throw 1000 developers at it and they'd get a functional mainnet working in 1 month max, aggregation, reputation, staking, etc...

[Anonymous No.14094530]

>>14094523
>poor kids
cap of 400+ mln, if your theory is correct the few link hodlers on this board have 400+ mln usd.

[Anonymous No.14094532]

Every single person in this thread is a fucking retard. Plain and simple.
What do you think gives a network its value?
You think it is the underlying tech? NO!

What gives a network its value is the amount of users participating on said network. The technology is the underlying reason for it getting there, but ultimately the size of the network is what gives a decentralized network its value.

Why doesn't facebook just copy and paste youtube's code and make its very own facebook-tube? BECAUSE NO ONE WOULD BE USING IT AND THE NETWORK WOULD BE WORTH JACK SHIT!

So you, right now, go ahead and make your own decentralized oracle network. Goodluck getting anybody to use it and get nodes to power it.

[Anonymous No.14094540]

>>14094528
agreed, it was sarcastic. hence the pepe. but: fb would just buy CL, seems less effort and cheaper then recreating the concept.

[Anonymous No.14094555]

>>14094532
>he unironically thinks Link will solve anything
It's a worthless piece of shit premined scam coin led by a Russian philosophy grad

[Anonymous No.14094704]

because it requires a highly valued and widely distributed token for security, but they would not want to taint their brands with an ICO, so they most likely made a deal to piggyback off ChainLink for its economics, in exchange for upfront interoperability and free tokens.

[Anonymous No.14094723]

>>14094372

>why wouldn’t xerox just copy Microsoft
>why wouldn’t yahoo just copy google
>why wouldn’t MySpace just copy Facebook
>why wouldn’t Walmart just copy Amazon

[BSV will party on No.14094870]

>>14094387

[Anonymous No.14094919]

>>14094723

[Anonymous No.14095039]

>>14094528
>First mover advantage exists when you made something first, Chainlink hasn't made shit yet
And yet Chainlink is already a massively known entity.

>if Facebook wanted they can throw 1000 developers at it and they'd get a functional mainnet working in 1 month max, aggregation, reputation, staking, etc...
Cool.
So this should happen any day now, right?

[Anonymous No.14095044]

>>14094723
hmmm what? In your LOW IQ analogy, you're comparing Chainlink to MS, Google, FB, Amazon. Chainlink as 0 users. The others have billions. Your analogy is fucking invalid. Kys already, with your IQ you won't accomplish much.

What will actually happen is that as soon as Link reaches 0.1-0.5mil users (if it ever does kek, 99% chance it wont), FB, MS or Google will release their own version and instantly steal all their users because they can literally reach 100mil people in 2 seconds. Business is brutal. Facebook didn't make a stablecoin after Tether had 10 users (the amount Link has kek), it started doing so after Tether had a few mil users, and it's going to DESTROY Tether.

[Anonymous No.14095049]

>>14095044
>Chainlink as 0 users.
So did MS, Google, FB, Amazon.
So did literally anything ever created.

[Anonymous No.14095068]

>>14094532
>So you, right now, go ahead and make your own decentralized oracle network. Goodluck getting anybody to use it and get nodes to power it.
kek that's actually bearish for Link. Fb, MS or Google will get 1 mil users/nodes in 1 day if they release decentralized oracles, completely destroying Link.

[Anonymous No.14095088]

>>14095068
>Fb, MS or Google will get 1 mil users/nodes in 1 day if they release decentralized oracles, completely destroying Link.
Damn, so when are any of these coming out with their Chainlink killer?

[Anonymous No.14095089]

>>14095049
>So did MS, Google, FB, Amazon.
>So did literally anything ever created.
kek your comment is bearish for chainlink but you're too stupid to notice.

Since Google, MS and Fb launched, there has been 100k+ other funded startups that failed to get any users. It means that Chainlink as 0.0000001% chance of success in acquiring users.

[Anonymous No.14095106]

>>14095088
>Damn, so when are any of these coming out with their Chainlink killer?
when they see that people are actually interested in decentralized oracles and it gathers a few hundred k users. Then they will release their own and kill chainlink. Just look at Facebook and Tether. They're literally doing it as we speak.

Facebook will NEVER use Link. Did it use Tether? No. Does Tether have more users than Link? Yes.

[Anonymous No.14095115]

>>14095089
>Since Google, MS and Fb launched, there has been 100k+ other funded startups that failed to get any users.
How does that change the fact that Google, MS, and Fb had exactly 0 users in their early development?

>when they see that people are actually interested in decentralized oracles and it gathers a few hundred k users.
So first Chainlink moons and then competitors start showing up, got it.

[Anonymous No.14095121]

>>14095106
>when they see that people are actually interested in decentralized oracles and it gathers a few hundred k users.
So first Chainlink moons and then competitors start showing up, got it.

[Anonymous No.14095122]

>>14095106
> o-OH THEY WILL ANY DAY NOW
> still no proof that any of them are trying to do the same thing or intend to

[Anonymous No.14095286]

>>14094372
Retard, town crier holds all the Cornell patents for blockchain oracles. The whitepaper is peer-reviewed too. Anyone trying to copy it will have to pay royalties to chainlink anyways

[Anonymous No.14095309]

>>14095044
Why didn't AT&t build the iPhone? You're acting like all the money is in the pipes and not the front end.

[Anonymous No.14095337]

>>14094300
Havent seen this fud in literally years

Wasted years on you serg, do something

[Anonymous No.14095339]

>>14094300
Same reason every hardware company uses USB instead of their own proprietary connectors: Reduced cost of production, standardized quality.

[Anonymous No.14096252]

Some people are really struggling to understand how businesses work and operate. If this is all above your head simply stop posting here (which only confirms how dense you are), ignore Link and go and play with XRP et al.

[Anonymous No.14096341]

>>14095339
This guy knows, companies (incl. the big ones) use a lot of open source software to reduce costs, by a lot. Standardized protocols are less expensive to replace if it comes to that, maintenance and updates are done by community. A good example is OAuth2 and OpenID connect. You build your internal infrastructure to handle jwt and other tokens that are standards of the industry and they can swap the main authentication services relatively cheap, which they themselves do not even have to maintain in the first place.

[Anonymous No.14096345]

>>14096341
And to add to this, Microsoft is adopting and developing more and more open source.

[Anonymous No.14096361]

>>14096341
This is why solidity and evm chains will win out, not pajeet chain with its hyper rad™ language that is 5 tps faster

Standards

[Anonymous No.14097096]

because that's not how it works you fucking moron
SAGE

[Anonymous No.14097102]

>>14094372
>craig?
yeah you can stop pretending to be retarded

[Anonymous No.14097122]

>>14094300
they probably will anon. get some sleep and don't stress over it.

[Anonymous No.14097131]

>>14095286
Umm no sweetie Ari Jules put an ad on fiverr and several pajeets put it together for him.

[Anonymous No.14097142]

>>14097102
> someone unironically playing along with craig's patent memes
> actually commenting on another person's intelligence
Oh boy, bsvjeets have been huffing extra potent gutter jenkem today.

[Anonymous No.14097653]

>>14095044
>steal all their users because they can literally reach 100mil people in 2 seconds.
implying 100m people are sitting there waiting for a centralised solution to be handed to handed to them and that 100m people have a need for it that they haven't yet resolved. Fucking hell. The state.

[Anonymous No.14097664]

>>14095044
>instantly steal all their users because they can literally reach 100mil people in 2 seconds
>>14095044
>steal all their users because they can literally reach 100mil people in 2 seconds.
implying 100m people are sitting there waiting for a centralised solution to be handed to them and that 100m people have a need for it that they haven't yet resolved. Fucking hell. The state.

[Anonymous No.14097821]

>>14095044
so why microsoft joined to EEA (and building services based on eth) instead of creating their own ethereum version?

[Anonymous No.14097870]

>>14095044

[Anonymous No.14097924]

>>14095089
This is the worst logic I've ever seen in terms of putting a % on Chainlink's odds of success

[Anonymous No.14097986]

>>14094300

They might. But not if Chainlink has made the right industry connections first while having the first proper community that makes it sufficiently decentralized.... which is the point of blockchain to begin with; we are cheapening the access to trusted (trustless) digital services exactly so that we dont HAVE to rely on big centralized companies with a good reputation.

And if they get away with it, it will be well after I sell in the midst of the next huge speculative boom.

/thread

[Anonymous No.14098008]

>>14096361
>
Is eth/link the patrician portoflio

[Anonymous No.14098034]

If hamburger is so great why doesn't Microsoft just make their own? Hamburger will never be popular and no one will eat them but if they do Microsoft will just make one so you still lose
LOL burger boy btfo

[Anonymous No.14098042]

>>14094372
facebook tried to create their own snapchat and failed

[Anonymous No.14098323]

>>14094300
The first icon represents the link (pun intended) between the other two. Why would MS and FB (in your example) need to create two different systems when they can do business together using a common solution? You've literally posted the answer to your own question.

[Anonymous No.14098364]

They are, it's called chainlink.

[Anonymous No.14098372]

Eric Holder had Paul Walker assassinated to cover up his illegal gun smuggling operation in Mexico known as Fast and Furious.

[Anonymous No.14098377]

>>14098034

its big mac burger goy