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22154278 No.22154278 [Reply] [Original]

Chainlink is a big step in technology.
It is first and most thought out decentralised oracle network.
Understand that Bitcoin enabled a shared history which enabled tranfer of funds (BTC) to other adresses without supervision of central authority.
Ethereum and other smart contract platforms developed upon that techology by using blockchain to create smart contracts (Bitcoin has some of those capabilities as well).
Smart contracts are automated contracts that are written on a blockchain.
Blockchain provides security, trustlessness (no third party is authorising contracts, the truth is derived from consensus of nodes) and automation.

>> No.22154290

Rug pull

>> No.22154299

>>22154278
scam

>> No.22154314
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22154314

Providing false information is economically discouraged, since it is more profitable to abide the rules and generate revenue. Attacking blockchain requires over 50% of nodes to create "false truth".
Smart contracts are secure because the truth originates from blockchain (ie an address holds some amount of cryptocurrecy, or a token). That kind of thing enables decentralised exchanges where you can swap your tokens with another token by creating or fulfilling someones smart contract terms.

>> No.22154339
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22154339

Chainlink expands on that by agregating the data from outside the blockchain and creating the closest thing to the truth that we can have at this time. The technology is still very very young, and there is a lot of uncertainties, although for someone well informed those uncertainties seems silly.
This enables smart contracts to execute upon real world data (currently mostly market price changes of assets such as crypto (which enabled the recent defi boom) and gold prices, but the data can be whatever is needed. Ie flight status for airline insurance, weather data, transport data etc.
The data has to be secure up to the standard of blockhain security, otherwise using central source of information to determine the truth defeats the purpose of blockhain, and the central entity might as well hold the contracts.

>> No.22154372
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22154372

The project has numerous industry connections, the team is transparent and truthful. If you are not in LINK currently, I encourage you to DYOR, since its the only way to believe in a project. Otherwise you are chasing hype and buzzwords. There are numerous projects that will earn you money, there is incredible amount of projects on which you will loose 90% (if you are lucky).
Basic resources, how far you want to dig is up to you.
https://chain.link/
https://www.youtube.com/channel/UCnjkrlqaWEBSnKZQ71gdyFA
https://twitter.com/chainlink?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

>> No.22154389

>>22154278
Token not needed, BAND does everything that Chainlink can do and more. BAND has staking, BAND partnered with TRON, BAND partnered with CZ.

>> No.22154406

>>22154278
its so good that its creator sells 500,000 link every week and still holds more than 500 MILLION tokens

>> No.22154414

>>22154278
same message after like 3 years? are you retarded or paid to be retarded? go away pajeet

>> No.22154424
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22154424

tahkn u op i have been requiring my hopium fix

>> No.22154427
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22154427

Chainlink tries to bring the truth in the world full of lies, and I encourage you to play your part. I understand the purpose of fud, and agree that up to some point it may be necessary, although I would never actively fud the project. Posting FUD goes against core principles of chainlink. Telling the truth may be hard and not always beneficial, but it helps to build a better world. Don't help them to bury the light.

>> No.22154436
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22154436

>>22154278
>>22154314
>>22154339

>> No.22154452

>>22154389
It has been cleared out 7777 times that the token IS, in fact, needed. Come up with a new fud you lazy neet faggot

>> No.22154457

What's Sergey's link addresses where we is selling?

>> No.22154473

I'm sick of this shit

>> No.22154491
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22154491

I was late to the crypto party, never caught my interest before 2017. It seemed that I missed out, but today I'm just waiting for the inevitable. I could cash out today and live a comfortable life, but I'm not selling, since I believe that LINK is far away from its peak (whatever that may be). It was a blast, and I'm still enjoying the ride. Keep on strong frens, and remember to share the truth.

>> No.22154498

I use to have a diverse portfolio until i read chainlink whitepaper
I wish i didnt sell 1000 at 2$

>> No.22154581
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22154581

>>22154414
Fresh as it gets, and some effort behind it, unlike your post. The posts stay the same since the truth is still the same. I did not shill here since I never felt the need, shilled it IRL though to friends. Hope you did the same anon.

>> No.22154868
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22154868

>>22154278
>>22154314
>>22154339
>>22154372
>>22154427
>>22154491
>>22154581
Based and effort pilled. Definitive truth is needed when you're dealing with poos and a-rabs and nogs nonstop. Boomers didn't need systems like this because honest whites got by with a handshake and a close look in your eyes.
I've seen into the eyes of the jeet, the nigger, and the terrorist, there's no trust there only darkness.

>> No.22155055
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22155055

>>22154868
Unfortunately these problems exist in any race, from personal experience. If they are more prominent in one race or another I do not know for certain, although I am more inclined to trust "my kind" despite having ancestors of mixed European descent, many of which waged wars against each other, some recently. Luckily for us, chainlink will solve that, or at least make unfulfilling contract terms much harder to do.

>> No.22155082

>>22154278
Look at this dood, trying to save his bag by shilling LINK on a board that's basically only link marines

>> No.22155099
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22155099

>>22155055
Checked. Based and informative anon. You're a critical thinker so I'll ask you what you expect from the rest of the year. We have
> Hackathon
> Oracle startups
> Chainlink labs
> White paper V2
> Nodes doubling to 70
Plus I'm sure plenty more

>> No.22155101

>>22154278
Chainstink is for gay retards

>> No.22155184

>>22154424
im going into the helium bag forever

>> No.22155203

>>22154278
Not decentralized at all.

>> No.22155215
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22155215

>scam FUD still exists even though LINK reached #5

>> No.22155229

>>22154278
SCAM COIN. STOP FILLING THIS BOARD WITH YOUR CRAP!

>> No.22155245

>>22155099
I try not to overthink those things, I'm not swinging, so it doesn't matter how it effects the price short term. The rise to 20 can be explained by numerous reasons, I was expecting it a long time ago, and I was still surprised (you might say in aave) when it happened. It's real and yet its just numbers on the screen. Focus on things you want to improve, or accumulate more if you want. Don't let the time pass by just following the news.

>> No.22155380

Is it too late for me to get started? I never really mad enough to be able to put money aside until now.

>> No.22155393
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22155393

>>22155082
You misunderstood anon, LINK needs no saving. I'm trying to help another soul who may have wondered here today, just as some other anon did for me earlier. But yeah, lets keep the posts to shit fud and shitposting only. Go Go BAND protocol, I'll see you in Kleros court for this. IDENA will verify it was us.

>> No.22155437

>>22155380
No one told you when to run, you missed the starting gun. But the truth is, there is no starting gun. There is an old Chinese proverb that says: The best time to plant a tree was 20 years ago. The second best time is now.

>> No.22155614

One thing I want to ask more knowledgeable anons, so if anyone want to chip in its appreciated. I've run the old ruby node, run the node on testnet and fulfilled some contracts and all, haven't done much lately. What do you expect from neet nodes, taking into account that getting good data is expensive and hard? There may be options as honeycomb, but I'm not up to date with their development. There was a statue anon well informed in those things, if you are still here anon, props to you.

>> No.22155839

>>22154389
Yet BAND uses chainlink to ensure it works
Lmao

>> No.22155915

>>22155614
My hope is that neet nodes will be able to live by running menial easily verifiable tasks like vrf. In that cas no reputation is needed since it is easily verifiable.

>> No.22155950
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22155950

>>22155839
Mobius was first, though they might not known the grasp the of chainlink, just like those other oracle projects, like that guy with satellite images from whatever company (btw there was a NASA image on some of the CL diagrams, kek). They are either outright scams or copies (ex. Band), or just much inferior products. They may give you gains if played right, though i will stick with the horse leading by a light year.

>> No.22155966

>>22155245
Me too anon I just think about my future and where Jesus will take me

>> No.22155968
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22155968

What wallets do you guys use? I'm stumped from all these options.

>> No.22155980

>>22155915
That sound plausible, if that would be the way it might enable independent nodes to build reputation over time and expend in the future.

>> No.22156027
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22156027

>>22155968
Safest would be setting up a wallet offline on a old pc with etherwallet or something, never use it online again. Either that or if you don't trust yourself to do that properly, probably hardware.

>> No.22156313

>>22156027
>hardware
Are you talking about those hardware wallets?

>> No.22156733
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22156733

I'm just rooting for Ari's favorite kind of contract.

>> No.22156781
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22156781

>>22154278
but its not even decentralised

>> No.22156981

>>22156313
There are few, research it yourself anon, research all the possibilities and decide what seems to be the safest option for you. And always back-up. If you are too lazy for that split it on few exchanges and hope for the best.

>> No.22157072

Too bad I only own 4000 LINK and never gonna make it

>> No.22157098

>>22154278
No its not

>> No.22157113

>>22157098
/thread

>> No.22157142

>>22157072
Better than me, I only own 100

>> No.22157143

>>22154581
Blah blah blah muh oracles you paid pajeet shoo shoo faggot you streets to shit

>> No.22157169

>>22157142
Better than me, I only own 40

>> No.22157187
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22157187

>> No.22157270
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22157270

>>22157098
>>22157113
Oh no, how will I come back from such a good argument from a samefag.

>> No.22157300

Sergey Nazarov is satoshi ihr Wichsner

>> No.22157686

>>22154389
>How chainlink vrf works? Malipulation?
Kek

>> No.22157791

>>22155614
Sergey made VRF our salvation, we might not be able to provide valuable data, but we can always provide verified randomness which is very important for security.

>> No.22157833

>>22157072
You will make it anon. Sooner or later, chainlink or not. Most likely from Chainlink I would think.

>> No.22158244

https://ethglobal.online/
Ummm can we talk about the lack of diversity here anons

>> No.22158987

>>22155966
Checked and Godspeed

>> No.22159102

>>22157791
This. But how will it work? Will it be like mining except I'm providing randomness instead of solving puzzles?