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File: 94 KB, 780x623, isda oracle third party smart derivatives.png [View same] [iqdb] [saucenao] [google]
16837492 No.16837492 [Reply] [Original]

>major companies will just make their own orac...

>> No.16837503

CHAINLINK IS A JIDF SCAM

>> No.16837505

it’s tellor

>> No.16837514

>>16837492
chainlin is a premined shittoken pls buy BSV sirs

>> No.16837529

>>16837492
link is beginning it's parabolic dump, the desperation grows on biz

>> No.16837533

>>16837503
>jidf
>>/pol/

>> No.16837534

>>16837492
-les
thats what third party means. If Chainlink can have a working product when the banks start to need it they'll be in a good position, but if there is even the slightest issue most major banks would build one themselves with the added benefit of having much more control over its development.

>> No.16837548
File: 366 KB, 1500x600, Tellor-main.png [View same] [iqdb] [saucenao] [google]
16837548

>>16837505
yep linkers have been duped do to sergeys payed propaganda

>> No.16837556
File: 42 KB, 640x633, pepe2.jpg [View same] [iqdb] [saucenao] [google]
16837556

>>16837492
Get rekt no linkies

>> No.16837559

>>16837534
Lol. You’re a joke.

>> No.16837571

Why are you all getting so excited? The only purpose of that footnote is to define the word "oracle."

>> No.16837609

>>16837571
>The only purpose of that footnote is to define the word "oracle."
Yes, that's the point.
And it is defined as a "service provided by a third party". By definition.

>> No.16837688

>>16837609
But how do you make the jump from "oracle" to "chainlink?"

>> No.16837776

>>16837688
Read the OP, the first order of business is dispelling the "they'll just make their own oracles" fud.

And Chainlink is currently the absolute biggest player bar none in the oracle game.

>> No.16837847

>>16837688
You cannot have functional smart contracts without a decentralized oracle network.
Guess who has the most advanced decentralized oracle technology? That's right - it's Mobius.

>> No.16837891

This has nothing to do with Chainlink

>> No.16837893

>>16837847
Why is decentralized a requirement for interest rates? Why can't I just connect to the libor or fed web service?

>> No.16838010

>>16837893
https://www.investopedia.com/terms/l/libor-scandal.asp

>> No.16838619
File: 85 KB, 903x743, openlaw chainlink isda.png [View same] [iqdb] [saucenao] [google]
16838619

>>16837891
Reeeeaaaally.

>> No.16838625

>>16837893
>Why is decentralized a requirement for interest rates?
Decentralization is a requirement for smart contracts.

>> No.16838672

>>16838010
An oracle doesn't prevent insider manipulation.

>> No.16838822

>>16837505
based

>> No.16838982

>>16838672
but multiple decentralized oracles with multiple data sources prevent

>> No.16839000

>>16838982
Didn't the banks collude to report inaccurate numbers

>> No.16839026

>>16837534
>In-house means third-party
The absolute state of fud monkeys