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20856769 No.20856769 [Reply] [Original]

“Red pill” me on Chainlink.
Why is it worth holding?

>> No.20857034

>>20856769
people think it might be useful in 10-20 years

>> No.20857070

It solves a quadrillion dollar problem that will become a problem in 10 years

>> No.20857119

>>20856769
You had 3 years

>> No.20857145
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20857145

Smart contracts are the future. That's why.

>> No.20857154

>>20857070
Well, what exactly is this problem?
I understand it has to do with decentralizing oracles, but why is that so important?
How exactly does it solve it?
Can it be solved without tokens being necessary?

>> No.20857157

>>20856769
defi > banks

>> No.20857166

>>20857070
Pls explain to brainlet

>> No.20857170

>>20857154
Google "The Simeon Problem" as a starting point.

>> No.20857175

>>20857145
this, it will be able to handle any process securely.

>> No.20857183

>>20857154
it puts poo data on the loo blockchain data and if you fuck up you lose your chainlink collateral, link is served as a collateral

>> No.20857278
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20857278

>>20857154
If you ask an easy question to 100 different people who have a monetary incentive to tell the truth and monetary sanctions if they fail to, you are 100% sure to get the right information, not 99%, 100%.
This 100% certainty has a lot when contracts involving large sums of money are involved, some people would rather pay a large sum of money for 100% certainty than to take a 0.1% risk

>> No.20857310

It's not worth holding. Oracles are useful but Chainlink is far from the one and only solution, in fact it has several problems. And also it is already way overbought.

>> No.20857390

>>20857154
Layman: Smart contracts are the future. However, blockchains are immutable by nature; making smart contracts unattainable. Link allows outside data to be injected, making smart contracts functional. Tokens are staked and used as insurance so that nodes on the network don't send bad data and are rewarded for working properly.

You had 3 years. The bread crumbs are everywhere. DYOR and see the bigger picture.

>> No.20857686

>>20856769
It's not.
Buy XRP.

>> No.20857723

>>20856769
It's not, unless you got in under 50 cents.

Buy ARPA before the MPC bubble, or try to get in DIA under $2.

>> No.20857739

>>20856769
Ask me three years ago when I gave a fuck about helping retards like you.