Chainlink vs other coins.

[Anonymous No.17117893]

In general why is Chainlink doing well? What does it have going for it? Should I invest in other coins like Neo, Eth and Ripple instead? I already have some Btc.

[based No.17117916]

>>17117893
json parser

[Anonymous No.17117957]

>>17117893
Im going to be nice to you because im not very busy today.

Chainlink is doing well because the team is very good at marketing, in a similar fashion to TRON (TRX) and Justin Sun.
They purport these "partnerships" and other claims of superiority to alternatives, while having almost nothing to show for it.

I dont mean to say that chainlink will go to 0, but it is certainly not worth a $1B marketcap.
Likely it will settle around $1.

I would recommend investing in Ripple instead, which has actual bank partnerships. But seeing as you mentioned Ripple in the first place, you already know this so you must be a pretty smart guy, OP.

Also, see pic related. This is from an article written by Ethereum developers.
The oracle problem remains, and every single Ethereum dev does not recognize chainlink as the solution.
Its unfortunate, but chainlink is not and never will be the solution to this "oracle problem", dont take my word, take the word of the people who literally created Ethereum.

[Anonymous No.17117972]

>>17117893
Its doing well because read the fucking white paper, newfag.

[Anonymous No.17118388]

>>17117957
Much appreciated, thanks.

[Anonymous No.17118406]

So my new friends recently, we really are bull now

[Anonymous No.17118408]

>>17117972
This. Will become industry standard. No competition. Strong ties to existing major finance companies. You just win.

[Anonymous No.17118493]

>>17117893
dont listen to any fags here, they want you to lose. dca into link/eth/btc and forget shitcoins

[Anonymous No.17118520]

>>17118493
>Truth
>>17117957
>Faggot accumulating LINK.

[Anonymous No.17118545]

>>17117957
XRP is actually doing fairly compared to its marketcap. even if we see xrp reach btc levels of marketcap, which we won't, it'll be valued around $1.7

[Anonymous No.17118856]

What about NEO? Worth getting some?

[Anonymous No.17118885]

>>17117893
chainlink solves the lambo problem.

[Anonymous No.17119314]

>>17117893
I'm a tcp ip developer at a fortune 50 big data company with 25 years experience in database infosec, I've looked into chainlink and all I can tell you if that the cryptographic measures implemented in regards to the decentralized security paradigm in the API and IoT structure of chainlink's github code is fundamentally flawed after the Pivotal tracker server crashed due to the core attacks on the network enabled by its corrupt data inputs and outputs, what this really means is that by attempting to solve the oracle sybil resistance issue it instead allows customers to bypass the encrypted hardware and even hack into the smart contract Intel SGX mainframe, unless they manage to increase the signatures and scalable nodes, which isn't likely considering the Google backend isn't compatible with the legacy JSON systems and Solidity language from the EVM in the Truffle stacks, that's why the ic3 and SWIFT engineering teams developed the ISO 20220 standards but it's centralized and susceptible to the 51% front running program so yeah basically Sergey didn't foresee that the enterprise customers and cloud blockchain dapps would never allow their protocols to rely on these permissioned host mechanisms thus rendering the LINK ERC 677 token obsolete and no serious developer would consider DLT technology in these conditions, sorry linkies I'm just telling it how it is.

[Anonymous No.17119344]

Im a devops engineer and sometimes speak with senior engineers of big4 consulting companies. This week I have showed Chainlink and the oracle problem to an engineer.

From his perspective do not see any real value for decentralization because main problem of the SmartContracts there are the sources and this is manipulable still.

For example, if an insure company must pay for a flood in home, there is no point in having Chainlink decentralized if you do not know if that flood is real.

We have also talked about how to sell data between companies and personally believe that this is already resolved with companies like Mulesoft. Which by the way has bought Salesforce last year.

And we enter slightly in SmartContracts applied to derivatives. In their opinion, financial derivatives prefer closed and audited solutions, not leaving control to third parties. Something similar to Facebook with Libra.

[Anonymous No.17119425]

It is doing well because it has the best use case of literally anything in crypto, the best tokenomics, and zero competition. It would be dumb to hold anything else long term.