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21625296 No.21625296 [Reply] [Original] [archived.moe]

I thought chainlink didn’t have a working product

>> No.21625389

Chainlink doesn't validate weather data. It literally says in the tweet that Arbol Market does you dumb nigger.

>> No.21625437

>>21625296
Chainlink is just a market place for oracles, it has no actual value lol

>> No.21625493
File: 77 KB, 653x590, 1422677512324.jpg [View same] [iqdb] [saucenao] [google] [report]
21625493

>>21625296
>farmers can now protect themselves from negatove weather events using universally connected smart contracts
top fucking kek. The delusion is palpable.
I'm sure corn farmers in nebraska with beards down to their dicks are going to use fucking ethereum and chainlink to check the weather instead of a thermometer and their local news channel.
Anything to artificially pump the price off of retards' dreams through right sir gay?

>> No.21625510

>>21625389
>Arbol Market is using chainlink for validated weather data.
what?

>> No.21625513

>>21625493
lol when you put it that way we're all basically investing in vaporware xD

>> No.21625539

>>21625296

Outside of Defi and gaming, this is afaik the first real-world application of Chainlink oracles.
It's about to begin happening.

>> No.21625549

Are you guys mexican farmers now?

>> No.21625554

>A fucking weather feed

LMAO, is this what stinkies have been hyping up all along? Fucking google does it for free, what a fucking scam

>> No.21625565

>>21625389
It says Arbol is using Chainlink to validate the weather data.

>> No.21625567

>>21625493

I’m literally a dumbass farmer and if I could learn how to use this it would change everything for me

>> No.21625570

>>21625493
it's weather insurance, so it's a bit different to the weather forecast shit you're implying
but yeah i agree it's a meme

>> No.21625587

>>21625554
Be nice, insurance is one of the few examples they cling onto since there are barely any purely deterministic contracts in reality

>> No.21625600

>>21625513
wait a minute..... we ARE investing in vaporware.... and that’s a good thing!

>> No.21625602

>>21625493
That's not how it works retard. The farmers insurance is tied into it.

>> No.21625617

>>21625570
>it's a meme
Crop insurance is one of the absolute basic use cases for smart contracts.
This is exactly what Sergey was talking about years ago when he was just starting with smartcontract.com and Chainlink.

>> No.21625626
File: 459 KB, 960x541, https___blogs-images.forbes.com_thomasbrewster_files_2016_05_Screen-Shot-2016-05-02-at-10.20.41-1200x676.png [View same] [iqdb] [saucenao] [google] [report]
21625626

Ahem...

>> No.21625653

>>21625493
Buddy, even your basic bitch farmer is using GPS for his plowing and shit nowadays.

>> No.21625664
File: 55 KB, 348x383, 1596599743625.jpg [View same] [iqdb] [saucenao] [google] [report]
21625664

>weather insurance

>> No.21625669
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21625669

>>21625567
>>21625587
>>21625602
>>21625617
>>21625617

>> No.21625699

>>21625669
Self-aware post.

>> No.21625713

It's pretty stunning that after LINK being shilled here for three years most of you still don't get it. ngmi

>> No.21625746

>>21625493
implying users need to know anything more complicated than UI

>> No.21625780

>>21625493
>implying there are enough small farmers left to matter

Just like everything else, farming has been coopted by our friendly corporate dystopia

>> No.21625783
File: 651 KB, 1539x995, docusign smart contracts clauses drag and drop 2.png [View same] [iqdb] [saucenao] [google] [report]
21625783

>>21625746
This.

Shit is already just drag and drop.

>> No.21625789

>>21625664

Retard doesn’t know what crop insurance is. Imagine your average farmer could apply for it through his phone in 5 minutes instead of fucking around with a bank.

This is unironically a huge fucking tweet. Just one baby step from verified shipping etc.

>> No.21625790
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21625790

>>21625493

>> No.21625806

>>21625567
No you aren't

>> No.21625819

Linkies are smelling quite stinky this morning!

>> No.21625841

>>21625789
This. Retards don't understand the potential of chainlink. Makes me hard thinking about the possibilities

>> No.21625851

First gravel coin now weather coin, what's next?

>> No.21625865

I once had my mom take me to a Chainlink event so I could meet my idol, Sergey Nazarov and hopefully take a picture with him. I approached him after the speaking event concluded to discuss my appreciation of his work and the incredible potential of the tech he's developing and blockchain in general. He was very rude and dismissive and seemed to only want to talk to my mom. I kept having to get his attention but he kept asking my mom if she wants to "link his chain", whatever that means. Finally I got around to asking about taking a picture with him and of course he agreed, but only if my mom would be in the picture with us. By this point I was getting some seriously weird vibes from the dude, so I decided to stand between him and my mother for the picture. A bystander named Ari was kind enough to take it for us. At the end of the countdown right when Ari said "say cheese!", I felt a sharp pain in my side and yelped, ruining the picture. I pulled up my shirt to see what happened, and there was a tiny pin-sized hole in my side that was bleeding quite a bit. I'm not sure what exactly happened, but I swear Sergey stabbed me with a syringe or something. He then complained loudly about how I ruined the pic and suggested we take another with him in the middle. At this point I just want to be done with this weirdo so I'm like whatever. So we line up again and I shit you not, the guy palms my mom's entire ass cheek and squeezes. Obviously my mom was extremely offended and forcefully removed his hand while walking away. This made Sergey angry and he started yelling profanities at her. We both stormed out of there and my mom grounded me for having her go through something like that. The whole experience made me extremely disillusioned with the space and I decided to sell my Link at a loss.

>> No.21625869

I really do appreciate LINK team btw, they covertly drop bombs at just the right time.

It was 6:16 AM west coast time when they put this out, but they dropped it then so AM traders east coast would see it as they’re browsing their feeds.

Fucking top notch. I see you.

>> No.21625905

>>21625587
Is there a coin that solves the determinism problem? How can subjective arbitration be tied to a blockchain?

>> No.21625974

>>21625296
What is Sergey going to use as an example in his speech now?

>> No.21625977

>>21625865
I had a similar experience. I once had my mom take me to a Chainlink event so I could meet my idol, Sergey Nazarov and hopefully take a picture with him. I approached him after the speaking event concluded to discuss my appreciation of his work and the incredible potential of the tech he's developing and blockchain in general. He was very rude and dismissive and seemed to only want to talk to my mom. I kept having to get his attention but he kept asking my mom if she wants to "link his chain", whatever that means. Finally I got around to asking about taking a picture with him and of course he agreed, but only if my mom would be in the picture with us. By this point I was getting some seriously weird vibes from the dude, so I decided to stand between him and my mother for the picture. A bystander named Ari was kind enough to take it for us. At the end of the countdown right when Ari said "say cheese!", I felt a sharp pain in my side and yelped, ruining the picture. I pulled up my shirt to see what happened, and there was a tiny pin-sized hole in my side that was bleeding quite a bit. I'm not sure what exactly happened, but I swear Sergey stabbed me with a syringe or something. He then complained loudly about how I ruined the pic and suggested we take another with him in the middle. At this point I just want to be done with this weirdo so I'm like whatever. So we line up again and I shit you not, the guy palms my mom's entire ass cheek and squeezes. Obviously my mom was extremely offended and forcefully removed his hand while walking away. This made Sergey angry and he started yelling profanities at her. We both stormed out of there and my mom grounded me for having her go through something like that. The whole experience made me extremely disillusioned with the space and I decided to sell my Link at a loss.

>> No.21626006

>We are excited to announce the world’s first live, in-production weather coverage product on the blockchain.

so is it live or is it in production?

>> No.21626012

>>21625653
plenty of small farmers even use self-driving vehicles, and have been for years
I thought this one farmer was fucking with me when he told me about that before Tesla were a thing
the farming industry is cutting edge technologically

>> No.21626014

>>21625905
(((kleros)))

>> No.21626023

weather insurance is literally one of the usecases sergey has been touting since day 1
try to keep up

>> No.21626030
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21626030

>>21625806

Stay mad, bigbrain

>> No.21626033

>>21625626
>destroys BSV's rank
>now destroying BSV's sole use-case

>> No.21626045
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21626045

>>21625493
Weather predictions are actually getting worse as time goes on with the abundance of 'data'. You were more likely to get an accurate prediction in 1920 than in 2020, something like Chainlink would encourage companies to start producing more reliable data again.

It's talked about in this book if you're interested, huge amounts of junk data is a big problem at the moment.

>> No.21626048

>>21625977
jesus, that's shameful

>> No.21626057

>>21625905
>How can subjective arbitration be tied to a blockchain?
99% sure you're an undercover PNK-chad

>> No.21626065

>>21626030
Based farmer boi.

>> No.21626067

>>21625600
I thought we were investing in vaporwave! Have I missed that boat too?

>> No.21626073

>>21626030
Based modern farmer

>> No.21626075

>>21625389
Remi der that this is who is giving you anonymous financial advice

>> No.21626082

Can someone explain how exactly this works? When it comes to price feeds a decentralised network of node operators each calculates the price by referencing a variety of sources and the aggregated price delivered by those nodes becomes the definitive price. How does this compare? It sounds like Arbol alone are taking weather data from a couple of different sources, e.g. national weather service, etc. and using chainlink to feed that into a smart contract, is this accurate?

>> No.21626095
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21626095

>>21626030

>> No.21626096

Holy fuck, things are actually happening, my hands are literally shaking. You faggots have no idea how early you are isn’t it.

>> No.21626113

>>21625567
Most farmers in the states I know love new tech. Mostly because if the insane AG tax write-offs.

>> No.21626118

>>21625567
How?

>> No.21626123

>>21625905
>>21626014
>>21626057


WOW I WISH THERE WAS. I SURE HOPE SOME FELLOW /BIZ/ PATRICIAN COMES ALONG AND TELLS US WHERE WE COULD POSSIBLY PURCHASE *COUGH*SIR*COUGH* WOOPS SORRY ABOUT THAT - WHERE WE COULD PURCHASE A UTILITY TOKEN TO ARBITRATE OVER NON BINARY ANSWERS TO DISPUTES ON THE BLOCKCHAIN???

DOES ANYONE KNOW WHERE I CAN PURCHASE SOMETHING LIKE THIS?

>> No.21626142

>>21625905
I guess you could get illiterate streetshitters and random nigerian grifters to vote on it, rewarding them if they all vote the same way. Is there a coin that does this?

>> No.21626170

>>21626030
based farmanon, wrinklebrains btfo for all eternity

>> No.21626174
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21626174

now on yobit sirs

>> No.21626181

>>21626113

Yeah any independent farmers are ALWAYS on the lookout for the next big thing, it’s the only way they stay alive.

And bigag will look to save time and money, which is the whole purpose of LINK/Smartcontract.

This use case will allow the little guy to get the service he needs without a hassle and runaround, and will net the big guy profit by cutting waste.

>> No.21626185

>>21625783
I don’t have enough

>> No.21626207

>>21626123
Cringe

>> No.21626219
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21626219

>>21625296
Something completely unnecessary.. Chainlink would probably team up with (((Juicero))) too..

Chainlink to verify juice squeezing commands run from your smartphone.

>> No.21626225

>>21626006
in programming, the production build of a project is the build that's running live for users, and development build is what it's called when it's in development

>> No.21626257

>>21625296
wee wow dears now maybe my hole village crops surviving monsoon season this year

>> No.21626271

>>21625653
This. Farmers are typically pretty intelligent individuals

>> No.21626273

>>21626030
based farmer #3

>> No.21626275

>>21625296
I mean they only got found out about lying , why would I NOT BELIEVE WHAT THEY ARE SAYING IN THE FACE OF A DISASTROUS DUMP?
DO NO QUESTION RICH BUSINESSMAN, THESE JEWS ARE MY FRIENDS OKAY THEY WOULD NEVER SCAM ME, NEVER SELLING!!!

>> No.21626325

>>21626030

Based. Get that corn, get that money.

>> No.21626336
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21626336

>>21625587
>barely any purely deterministic contracts in reality
You fucking retard. Literally almost everything you need is deterministic

>> No.21626342

Boy the whole thing seems to be running hunky dory without needing any of these expensive fucking tokens were all holding

>> No.21626440

>>21625587
>since there are barely any purely deterministic contracts in reality
your a idiot
have you never purchased anything whatsoever?
"I'll pay you x money if you give me x"
Now separate those parties in time and space, and you see the need for trust.

>> No.21626453

>>21626342
this
chainlink and almost literally every single crypto ever made is a solution to a problem nobody has

>> No.21626488

>>21625493
>citycuck who thinks farmers are all uninsured inbred
I have worked in massive literal country size farm in Australia and they make up to a billion+ per year

>> No.21626500

>>21625296
IMO this will also be utilized for things such as coca-colas bottling manufacturer; Weather events nation wide can be pinged by the automated production line increasing or slowing production relatively instantaneously at set or variable intervals.

>> No.21626540

>>21626030
Corn crops ftw

>> No.21626572

>>21626030
based farmer, >>21625806 BTFO

>> No.21626698
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21626698

>>21626342

>> No.21626720

>>21625510
>>21625565
do you not understand the meaning of the word validate? they are using chainlink to retrieve validated weather data. your village english teacher is a failure at life and you should be angry

>> No.21626746

>>21626500

Now make the leap to insurance period.

Imagine being able to buy flood insurance on your house on your phone in 30 seconds.

Now make the leap to verified autonomous delivery.

>> No.21626763

>>21626720
What are you even trying to say, spergie.

>> No.21626894
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21626894

>>21625493

>> No.21627006

>>21626453
>is a solution to a problem nobody has
trust/privacy/censorship/security all works out just fine

>> No.21627028

>>21625554
Hahahahaha

Like what are the transaction cost for weather data? Like 5 dollars for a transaction in 5min?

>> No.21627070

>>21626746
I do not think selling parametric insurance to retailers is legal in the US.

>t.actuary

>> No.21627165

>>21625296
Sergey talked about this at his Ari Jules fireside chat

>> No.21627169
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21627169

>>21626030
>t.

>> No.21627195

>>21627028
free market economics anon. increase in node operators will allow a sustainable price point to meet cost efficiency relative to its demand.

>> No.21627214

Im surprised they couldnt get a real insurance company to back this and get first mover instead of some pajeet start up

>> No.21627215

>>21627028
>>21626894
>>21626453

Stay seetheful, sirs.

>> No.21627304

>>21627169
Someone give that guy a cup of water ffs

>> No.21627334

>>21625493
You fucking moron. You actually understand how technical farming is nowadays?!

>> No.21627387

>Linkies in 2017 - were gunna capture $trillions of the derivatives market
>Linkies in 2020 - oh boy weather insurance XD

>> No.21627395

>>21626763
chainlink does not validate weather data.

>> No.21627453

>>21625493
>he thinks chainlink is used for weather forecasts.

Jesus fucking christ Hoe thick are you??
In this small sentence you demonstrated a complete lack of understanding of blockchain and chainlink.
Educate tourself before you make any investment decisions for gods sake!!
You're ngmi in your current ignorant tarded form.

>> No.21627490

>>21625493
Farmers like hard work and money. If they can keep their hard work and save money, they will love this. You would be surprised about the level of engineering I've seen in traditional farms.

>> No.21627517

>>21625493
Bitch our farmers here use fucking drones, gps and all kinds of technical fuckery. You are kidding yourself if you think this is going to be too hard for them.

>> No.21627533

>>21626030

Based corn nigga

>> No.21627548

>>21627395
Then who does?

>> No.21627839
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21627839

>>21625513 >>21625567 >>21625570 >>21625602 >>21625653 >>21625746 >>21625780 >>21625790 >>21626045 >>21626488 >>21626894 >>21627334 >>21627453 >>21627490 >>21627517
>all these replies
>not a single post explaining why a farmer would pay $5 to have Link tell him the weather instead of googling it for free
Stinkies are literal autistic retards

>> No.21627901

>>21627395
Let me put you out of your misery: in this context "validate" means "put securely on chain".

>>21627839
Wow.
Imagine still not knowing the difference between "googling data" and "putting data on-chain for smart contracts to consume".

>> No.21627967

>>21625493
>I'm sure corn farmers in nebraska with beards down to their dicks are going to use fucking ethereum and chainlink to check the weather instead of a thermometer and their local news channel.
im unironically buying 100+acres and will use drone combine harvesters and UAV drones to harvest my crop and never hire a single fucking illegal to get anywhere near my field or house

>> No.21628051

>>21625493
>not realizing there are dozens of companies currently working on just such a problem with nations around the world
This is supposed to be a business and finance board; read some fucking current events dipshit. Even AWS works with the worldbank to figure this shit out with IOT

>> No.21628062

>>21625296
"Defi/Insurance/Shipping".. suggest this weather reflects entry into phase II as shared by Satoshi, I mean Sergey.

>> No.21628073

>>21627901
Explain why putting weather data on a chain is going to be worth $5 to a corn farmer in Nebraska.
You have 30 seconds

>> No.21628105

>>21628073
No intermediaries like insurance brokers, banks, lawyers, courts, etc.

Literally why smart contracts exist.

>> No.21628142

>>21625493
>he doesn’t know modern farms run on the latest technology

>> No.21628195

>>21628105
Yes because corn farmers always make sure to use their bank as an intermediary to tell them the weather before they step outside in the morning

>> No.21628256
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21628256

>>21628195
This is about settling weather insurance contracts, you absolute dip.

>> No.21628302

>>21625493
CHECKED

>> No.21628406

>>21628195
>buh-buh I can just go outside and look at the sky!
>what do you mean contractual obligations require an unbiased source of truth

>> No.21628415

always thought it would be rad for chainlink to validate satellite weather data for insurance purposes

>> No.21628466

>>21626030
How's the rain season looking like? I hear farmers in my area are constantly fretting about not having enough of a rainy season for their crops.

>> No.21628488
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21628488

>>21628195

>> No.21628824

Any oldfags here remember the interviews were sergey talked specifically about this? Something like "Small third world farmers will be able to compete in the global market using Chainlink" and went on to mention insurance and weather conditions.

>> No.21629013
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21629013

>>21626030

Nice.

>> No.21629084
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21629084

>>21625783
brother! I have seen this video several times, now I cannot find it, it seems deleted, could you post a link here please? it's a really good video to redpill normies to smartcontracts potential, please do the needful sir

>> No.21629095

>>21626720
Just stop, you appear retarded.

>> No.21629135

>>21628195
You are the dumbest individual on this website, kill yourself

>> No.21629191

>>21629084
I had it bookmarked, but they deleted it lol

>> No.21629217

>>21627839
>spoonfeed me
You had 3 years you absolute raisin-brain. Kys

>> No.21629249

>>21625296
>arbolmarket
literally who

>> No.21629304

>>21625296
its a complex scam

>> No.21629314

>>21625493
>purposely missing the point
it's to support automated payouts for crop insurance, which would otherwise require an inspection by a person.

Not saying link isn't vaporware, but from a conceptual standpoint this is a valid use case.

Still don't understand why insurance actuaries/underwriters wouldn't want to control their own weather data oracles so they can control their payouts.

>> No.21629362

>>21629191
just as I thought , I also had it boormarked , but i didn't save it offline. it was a really good video, I hope they release a better video in the near future. Still thank you bro

>> No.21629403

>>21625493
farmers are tech savvy, they have self driving tractors and shit. your ass is in the year 1950 catch up grandpa

>> No.21629464

>>21629314
Because you're a brainlet
>hey customer, let's use info source that I control instead of a unbiased source

>> No.21629491

>>21625493
Farmers are usually smart and specialized as fuck.

>> No.21629536
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21629536

>>21626336
your image and this one always make me soooooo comfy
WE ARE ALL GONNA MAKE IT BROS!!!

>> No.21629578 [DELETED] 

I don't wanna wait
For our lives
To be ohhh but
Doo doo do doo dooooo

>> No.21629663

>>21627214
disruptors will create fast followers

>> No.21629743

>>21626181

I swear to fuck too many complete retards are invested in Link now. They dont understand shit, and its compound by the flood of late buyers ($2+. I dont even know what to consider $10+ buyers) who are desperate to accumulate a micro penis stack and are trying with lame fud now.

The moment an independent farmer starts using this and starts making profit directly, stealing market share from other independents, they'll all jump on. then all these independent farmers will steal market share from the big bois,and they will be forced to jump on too

>> No.21630110

>>21629464
...that's how it works now, and there's no incentive for insurance companies to change it.

Want an unbiased source? Bring it to arbitration.

>> No.21630191
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21630191

>>21629743
you mean when the insurers specialized in agriculture lose market share to small independents insurers who use smartcontracts......in this case is not the farmer big or small that matters....is the insurers who can use smartcontracts and those who don't.........or did I assume wrong?

> t. small linklet of 7k who bought last year, but atleast I read alot of warosu last summer.

>> No.21630371
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21630371

This thread

>> No.21630372

>>21630191
Yes

>> No.21630425

>>21629743

i suppose it would be the insurance company who make money. But i would have though the farmers have an easier way to get quality insurance, and possibly cheaper too so there is somewhat of a win-win going on.

>> No.21630444

>>21625493
Wait till smart contracts replace real contracts, wait till we have insurance on the blockchain. This is just a small feature added to a Lego block, other people will use this block to build bigger things.

>> No.21630570

>>21630444
trips speak truth

>> No.21630596

>>21630425
maybe. But there's no real incentive for the insurance company to use an independent info source - they're either using their own source data, or they're leveraging government data (national states of emergency, etc.) to release funds.

It might be cheaper to automate the internal data - but not sure why they'd use independent vs. their own (if they wanted to, they would have already).

>> No.21630642

>>21626030
Based Bonkie smoker farmer

>> No.21630766

>>21630596
>insurance company
You still have an outdated mindset, insurance will be decentralized on the blockchain with smartcontracts

>> No.21630877

>>21630766
maybe in like 30 years. right now there's no way eth can scale to the degree necessary, and even a PoS eth wouldn't guarantee scalability without layer 2 solutions to support the numerous sidechains needed to support each existing industry.

>> No.21631301
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21631301

>>21630877
Arbitrum say hi anon

>> No.21631326

>>21630596
And what if a party doesn't trust the insurance companies source of data?

>> No.21631381

>>21630877
Someone needs to read Klaus's book.

>> No.21631453

>>21625493

You must be 12, ignorant as fuck, or completely mentally retarded

>>
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