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/biz/ - Business & Finance


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File: 428 KB, 1202x1482, Screen Shot 2020-12-30 at 1.07.07 PM.png [View same] [iqdb] [saucenao] [google]
25320796 No.25320796 [Reply] [Original]

BTFO

>> No.25320813

https://twitter.com/API3DAO/status/1344276998458376192

>> No.25320827

>>25320796
dont you guys miss the days of actually good fud like there was 2 years ago?

>> No.25320864

>>25320796
>pajeet scam drama
no one cares. LINK $1000 EOY

>> No.25320860

>>25320827
It was you faggots fudding this project that manifested the reality of it as a scam. Don't fuck with the ethos.

>> No.25320907

>>25320796
Who would win - grassroots leader of the fourth industrial revolution or a cash grab piggybacking off a failed binance IEO token?

>> No.25320922

>120 dollar fee to withdraw
I cant, anon. I only have 5 link.

>> No.25320966

>>25320864
I care, I sold the rest of my link stack into API3 yesterday and am already up. I would be down again if I still held link. Link is pulling out some pussy ass moves lately and this ethindia trying to lie in defense of them seems beta as fuck

>> No.25320970

i dont get it

>> No.25320998

>>25320864
Delusion is working out great for XRP schizos
>>25320907
Likely the one that doesn't have the SEC on its ass. I have link, but I'm moving it out of cold storage to drop just like XRP at the first official announcement

>> No.25321026

>pajeets mad they were beat to the punch by getting out pajeeted before they could pajeet their own pajeet scam coin

>> No.25321039

>>25320864
>muh 1k eoy every year when we change it on the 1st

>> No.25321070

>>25320796
>>25320813
>posts absolutely abysmally bad API3 PR response
>hahahahaha how will linkies cope now that I'm retarded!?

>> No.25321082

>>25320966
Okay nigger, enjoy your $200 don't spend it all on crack.

>> No.25321112

>>25320827
The OGs like us would FUD our own bags to the tourists. It was hilarious.

>> No.25321134

>>25321082
Thanks for me making me feel better about my trade. Enjoy your -80% bleeding sats bags you delusional racist retard

>> No.25321157

>>25321134
LOL this nigger is in for a wild plot twist

>> No.25321177

>>25321134
>ayo bruh y'all punkass crackas finna be raycis n shieet numsayin
and a bix nood to you too

>> No.25321181

>>25321070
ETHindia literally got called out lying with physical proof and you’re saying API3 is the one coping, kek. The delusional cope of link schizo bagholders is unreal

>> No.25321216
File: 3.17 MB, 4032x3024, D4E1C971-9993-44C7-A74B-FDE8B8A1D2C9.jpg [View same] [iqdb] [saucenao] [google]
25321216

>>25321157
>>25321177
Post arm incels

>> No.25321231

>>25321181
>we have proof!
>but we can't show you the proof!

>> No.25321252

Could some who speaks paneer please explain to brainlet why ETHpajeet and API3 publicly feuding means that Sir Gay's House of Paper Big Macs is going to collapse?

>> No.25321270

Not to mention they didn't even calmly disagree, they immediately jump to screaming LIAR wow nice look I'm sure enterprises love to see it

>> No.25321301

>>25320907
>fourth industrial revolution
OMFG reporting the price of a token is going to change society like the automobile, lightbulb, or antibiotics

>> No.25321306

>>25321181
What proof?

>> No.25321330
File: 45 KB, 640x417, M1911_A1_pistol.jpg [View same] [iqdb] [saucenao] [google]
25321330

>>25321216
Here's my arm

>> No.25321342
File: 184 KB, 2000x2000, 1608110057422.jpg [View same] [iqdb] [saucenao] [google]
25321342

>>25321216
LMAO YOU'RE LIKE 5ft 7 HAHAHAHAHHAAHAHHAHAHAHHA

>> No.25321350

>>25320796
i have no idea what is going on in those tweets, and how it possibly relate to Chainlink.

>> No.25321428

>>25321181
This. They mock each other but they are reflections of each other. Just like poltards on the street and on /pol/

>> No.25321439

Cringe

>> No.25321443

>>25320796
>>25320813
Who is Matic?

>> No.25321461

Can anyone explain this fud? What was the hackathon and who are involved and how is chainlinked connected?

>> No.25321470

>>25321231
>>25321306
The tweet from Matic tagging both API3 and ETHindia at the beginning of December already confirms it you blind delusional bagholders. If that wasn’t true ETHindia would have corrected them but they clearly didn’t. Use your eyes
>>25321330
Cool, girls love to fuck small dick insecure faggots with guns right anon? The majority of gun holders are definitely not fat out of shape overcompensating low IQ boomers or anything

>> No.25321475

>>25321181
there's no proof fuckface
claiming I have proof and then not providing it is equal to not having it

>> No.25321491

>>25321231
You need to actually read something entirely before claiming to debunk it, or else you end up making yourself seem as retarded as you actually are.

>> No.25321514

QRD?

>> No.25321516

Why not make your own hackaton then
Problem solved

>> No.25321528

>>25321470
>ayo bruh muh diqq muhfuqqa

>> No.25321567

>>25321306
>>25321475
I didn't screenshot 3 posts so you stop at the second you absolute state of retarded fucking faggots. Holy fucking shit no one will be surprised when you ride LINK all the way back down to sub $2.

>> No.25321578

>>25321470
why should I care that link has enough power to to kick people out of hackathons? are you somehow trying to make this out to be fud?

>> No.25321597

>>25321491
Have fun defending literal copy/paste shitcoins

>> No.25321600

why did you post your arm

>> No.25321624

>>25320998
>but I'm moving it out of cold storage to drop just like XRP at the first official announcement
You serious or fudding? Since ico the team has refused to talk about the price of the token for this very reason. Not to mention almost all of defi is using chainlink oracles like its the standard it is. If something happens then all of crypto is held back 3 years.

>> No.25321642

>>25321461
Chainlink paid for exclusive oracle rights to the hackathon because they’re scared of competition. Now ETHindia is trying to act like API3 was never in contact with them even though a public tweet from Matic proves otherwise. This sort of implies some shadiness from both LINK and ETHindia.
>>25321342
I’m not a giant but I’m still around 5’10-5’11 with a great physique, my laughing cartoon frog. Unless you post your arm I’m just going to assume you’re a jealous weak out of shape incel as your stereotypical reply that someone as insecure as yourself says in situations like this implies

>> No.25321647

>>25320827
I miss the days 2 years ago when Sergey didn't dump million tokens a week

>> No.25321664

>>25321470
My girl does.

>> No.25321680
File: 114 KB, 770x974, 1602139634693.jpg [View same] [iqdb] [saucenao] [google]
25321680

>>25320796

>> No.25321699

>>25321578
>power
>money from dumping bags on their blindingly loyal army of retards every month

Kek, pick one. Nothing powerful at all about being afraid of competition

>> No.25321716

>>25320796
>pajeets negotiated in english
failed

>> No.25321719

>>25321216
uh, based

>> No.25321737

>>25321642
>Chainlink paid for exclusive oracle rights to the hackathon because they’re scared of competition.
It mores like sergey probably gave projects a lot of tokens for really discounted prices with exclusivity rights for x amount of years. This is standard practice in business

>> No.25321746

>>25321699
keep telling yourself that you will always be poor

>> No.25321782

>>25320796
How is this API3 failed pr stunt related to LINK?

>> No.25321788

These shitcoin pajeets are trying to create drama ala XRP. kek

>> No.25321790

>>25321491
>Read zero of the extensive articles published by devs over last month.
>Knows absolutely nothing about API3 and the unironic existential threat it poses to LINK
K, keep holding LINK and doing 0 research, would love to get an update in a few months.

>> No.25321827

>>25321216
Kudos on your /fit/ arms anon. Why does it look like your muscles are made of cottage cheese?

>> No.25321846

>>25321642
i dunno dude. i'm having a hard time giving a shit about this FUD. but i appreciate the effort. keep it up and you may be an expert FUDer some day.
>t. 2017 link holder

>> No.25321860

>>25321790
>unironic existential threat it poses to LINK
explain

>> No.25321932

>>25321782
>Bribed the organizers of hackathon to let LINK be the exclusive oracle to participate.

>> No.25321965

>>25321746
I bought LINK before the google news around a dollar and sold most of my stack around $16-17. I have taken those profits to make great gains in other plays in the meantime, meanwhile you have held onto bleeding bags that dropped 80% in sats in a few months as you delusionally convince yourself that this wasn’t an absolutely retarded move. Even if LINK were to pull a 3x out of nowhere (tip: it won’t anytime soon), you still wouldn’t have made as much money as I have investing in other projects during this time period, and no amount of cope from you can make this not true. Don’t get so emotionally attached to your investments, anon. Rule #1 of trading. Now, let your seething and bagholder cope commence

>> No.25322015
File: 117 KB, 700x691, 1513332965258.jpg [View same] [iqdb] [saucenao] [google]
25322015

>>25321642
we both know that's not your arm

>> No.25322016

>>25321699
part of competing is being able to kick your competitors out of important events, kek

>> No.25322020
File: 61 KB, 976x549, eric holder lied.jpg [View same] [iqdb] [saucenao] [google]
25322020

HIS BLOOD IS ON YOUR HANDS LINKIES
WAKE UP AND SMELL THE CUP OF COFFEE

>> No.25322021

>>25321965
anon you could have sold every top and bought every bottom up until $20 and you still would have less than 10% of my networth

>> No.25322030

>>25321860
No, you are going to have to put your lazy coomer brain to work and actually fucking read.
https://medium.com/api3/getting-apis-on-the-blockchain/home

>> No.25322064

>>25321827
Stretch marks from muscle growth. Typically happens on the inner arms near the biceps/arm pits for a lot of people

>> No.25322075

https://twitter.com/cburniske/status/1344341184299245568?s=19

Vindictive little bugman

>> No.25322092
File: 170 KB, 538x480, 1500793453138 .png [View same] [iqdb] [saucenao] [google]
25322092

>>25321965
oh sad. now you've degenerated into the typical "you should have sold and bought some low cap shitcoins" FUD. i take back what I said about you becoming an expert FUDer someday. this is weaksauce

>> No.25322117

>>25321965
>Don’t get so emotionally attached to your investments, anon. Rule #1 of trading.
Best advice in /biz/

>> No.25322148

>>25321350
it's chainlinks current competition.

>> No.25322189

Why is APi3 trying to speak to EthIndia through Magic instead of just talking directly? This sounds like a kid crying that he can’t go to a friends house because his friend’s mom said no.
>But my friend said I could go!
>Did you ask his mom?
>No but my friend said his mom would let me come over!

>> No.25322226

>>25321965
>posts bicep pic as rebuttal
Why don’t you show us proof of your trade instead? Maybe then others will listen to your ebic financial advice mr Nostradamus (tip: no one will)

>> No.25322228

>>25322030
Timo pls go

>> No.25322271

>>25321216
Kek BTFO

>> No.25322304
File: 62 KB, 772x500, 6457564858468.jpg [View same] [iqdb] [saucenao] [google]
25322304

>>25321699
>>>25322148
picrelated is much better solution than chainstink

>> No.25322351
File: 2.56 MB, 4032x3024, AF5266F1-F4A7-46C1-925E-AF52CF6B32C2.jpg [View same] [iqdb] [saucenao] [google]
25322351

>>25322015
See pic
>>25322016
No it’s not at all, and this is how I know you’ve never competed in any sports or anything noteworthy in your life. Do teams or individuals get the same amount of respect if they win a game by default because the other had to forfeit? No. And this is usually due to something out of their control. Now imagine if they actually paid the league or organization to prevent them from competing, automatically giving them the win. They would be laughed at and not given any respect at all from not only their peers but also from projects who aren’t even competing against them directly though are still in the space. You are unironically retarded, anon

>> No.25322370
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25322370

>>25321642
>"I-I'm not insecure!"
>has to imagine

>> No.25322515

>>25321790
API3 isn’t an existential threat. Rather than addressing the Oracle problem, they just say decentralized oracles are complicated and expensive, so just trust the API provider as a first party oracle. Then why do you even need API3?

>> No.25322518

>>25322370
I never said I wasn’t, anon. Like all human beings on this planet I can be a little bit at times. But the person who automatically attacks a fit person for something random like height in this case (and did so wrongly I might add)? They are without a doubt incredibly insecure, and that is 100% factual otherwise they wouldn’t have made that comment in the first place

>> No.25322578

>>25322351
wawaweewa

>> No.25322636

>>25322515
API3 is superior, governance etc.
nobody will trust trustless decentralized oracles, kek

>> No.25322676
File: 2.64 MB, 1836x3264, kittykitty.jpg [View same] [iqdb] [saucenao] [google]
25322676

>>25322518

>> No.25322707

>>25322351
>Do teams or individuals get the same amount of respect if they win a game by default because the other had to forfeit?
Based real-world-experience-having anon

>> No.25322711

>Eth india
>API3
opinions discarded
>>25322636
api3 doesnt have a single oracle yet.

>> No.25322714

>>25322636
Fuck off pajeet no one need apu3.

>> No.25322738

>>25322515
dAPIs are constructed with multiple first party oracles so you don’t trust a single API. Do some reading faggot

>> No.25322783

>>25322370
Why are you posting my pepe. I made it. You shouldn’t be doing this.

API3 is a scam.

>> No.25322787 [DELETED] 
File: 2.84 MB, 640x480, ctrcts1537743271032.webm [View same] [iqdb] [saucenao] [google]
25322787

>>25322714
>>25322711
kek

>> No.25322819

>>25320796
I cant wait until this racist piece of shit gets delisted

>> No.25322820

>>25322636
But anyone can just code a contract to include an API data feed, you don’t need API3 to do that...

Oh and look what happened with multiple flash loan contract liquidations from first party oracles trusting a single “trusted” first party api...

>> No.25322959

>>25322820
yes yes, this is very true, but
why would anyone trust a trustless decentralized oracle network?

>> No.25323061

>>25321965
>$1 dollar
imagine being this late lol

>> No.25323107

>>25321965
>Don’t get so emotionally attached to your investments, anon. Rule #1 of trading.
Yeah it's almost as if we're investors and not traders, crazy huh?

>> No.25323111

>>25322020
ISO check

>> No.25323110

>>25322820
>>25322959
Holy shit, you guys are retarded. API3 data feeds (dAPIs) are constructed with multiple first party oracles, so you aren’t trusting a single API. It’s clear you haven’t even read the API3 abstract.

>> No.25323133

>>25322959
Smart contracts execute automatically based on the data fed into the contract. This provides great efficiencies but also great opportunity for fraud, as the parties don’t have an opportunity to review and approved that the contract conditions have been met. This is why a neutral 3rd party is important, so that neither of the vested parties can manipulate the contract. Decentralizing that 3rd party provides security so that there isn’t a single identifiable attack vector. So to answer your question, companies will trust a decentralized oracle network for the contract efficiencies and security provided

>> No.25323169

>>25323110
ironically

>> No.25323234

>>25323133
>This is why a neutral 3rd party is important, so that neither of the vested parties can manipulate the contract.
And what guarantees your third parties aren’t getting data from the same place?

>> No.25323365

>>25323110
I’ve read it, you seem to miss the fact the dAPIs still act as a middle man. It’s just a single entity as the middle man instead of a decentralized ecosystem. You have to trust API3 instead of a trust less ecosystem.

>> No.25323410

>>25323365
yes yes, this is very true, but
why would anyone trust a trustless decentralized oracle network?

>> No.25323494

>>25323234
This is where staking and reputation become important. If the nodes have to put up collateral which is forfeited for providing bad data, they are incentivized to ensure they are using multiple data feeds to prevent an attack. API3 says this adds additional cost, which it does, but the additional cost is what is ensuring the security of the contract.

API3s answer is just trust the API providers, and trust ApI3. If something goes wrong you can got to the Klerksdorp court....

>> No.25323538

>>25323494
Kleros

>> No.25323661

>>25323494
You are assuming staking and reputation is sufficient to detect and penalize misbehaving nodes.

>> No.25323782

>>25323661
And why would someone trust a single party in API3 over multiple independent nodes providing the information? If you still have a single 3rd party involved, what value is API3 really bringing?

>> No.25323893
File: 9 KB, 240x240, 1608309370412.jpg [View same] [iqdb] [saucenao] [google]
25323893

>>25320827
Yep. very sloppy, even the discord niggers have turned to shit. Same as biz

>> No.25323913

>>25323782
I think I’ve stated this already in this thread multiple times. dAPIs are constructed with multiple first party oracles. You aren’t trusting a single party.

>> No.25323934
File: 151 KB, 330x330, 534546567.jpg [View same] [iqdb] [saucenao] [google]
25323934

>>25323893

>> No.25323963

>>25323782
You are talking with timos paid shill team.

>> No.25323988

>>25323913
Yes you are trusting API3 to aggregate the oracles on your behalf...

>> No.25324015

>>25320966
Based

>> No.25324047
File: 157 KB, 314x320, video.gif [View same] [iqdb] [saucenao] [google]
25324047

>>25320796

>> No.25324225

>>25321112
Zeus capital is still doing this

>> No.25324252

>>25320796
ETH India:
>you never contacted us

API3:
>YES WE DID, VIA SOMEONE ELSE

fucking lmao what an absolutely pathetic thing to happen.

>> No.25324310

>>25324225
LIQD ROUND TWO: THIS TIME ITS EXTRA STINKY

>> No.25324348

>>25323913
The entire API 3 value prop is trust us to aggregate apis, because the api providers are already pretty trustworthy, and we are pretty trustworthy, and we will set up an insurance contract with arbitration through the Kleros court if something goes wrong. There may be a use case for this in lower value contracts, but it does not provide the security of a truly decentralized oracle system.

>> No.25324426

>>25320796
Why are Indians like this? Dealing with an Indian "man" is like dealing with a little boy who has chocolate all over their hands and faces insisting he didn't steal and eat the chocolate
They will look you directly in the eyes and tell you a blue pen is red even if they gain nothing from it. I hate them so much

>> No.25324435

This whole thing is so fucking cringe. It's ETH India for fucks sake. Who care about these stupid pajeets. Indian developers are trash

>> No.25324470

>>25322351
Right but this is business, where the objective is to win. If you win by being such a chad that you hire all the ubers so your rival can’t get to his presentation in time, that just makes investors think you’re resourceful and will do anything to protect their investment.

>> No.25324519
File: 485 KB, 678x688, Screen Shot 2020-12-30 at 2.59.20 PM.png [View same] [iqdb] [saucenao] [google]
25324519

>>25323913
that just sounds like centralized oracles with extra steps

>> No.25324529

>>25320796
>we have the messages but we arnt gonna show the public
LMAO

>> No.25324569

>>25321642
its called getting ahead of the curve
every company you buy from has done some form of this
think apple

>> No.25324687
File: 364 KB, 499x395, ECigPic.png [View same] [iqdb] [saucenao] [google]
25324687

>>25324470
>win by being such a chad that you hire all the ubers so your rival can’t get to his presentation in time
basedo

>> No.25324690

>>25320796
this is actually very embarrassing and childish of api3. they claim they had extensive communication with the event holder through a partner of theirs? lmfao. a partner of theirs that natively works with chainlink? lmfaaaaao. what a stupid shit show of a company.

>> No.25324706

>>25323988
It’s an on-chain contract that does that.

>> No.25324733
File: 93 KB, 385x390, 1608381202965.jpg [View same] [iqdb] [saucenao] [google]
25324733

>>25324690
It's so hilarious to watch.

>> No.25324767

>>25322020
ERIC HOLDER & THE OBAMA ADMINISTRATION KILLED PAUL WALKER NEVER FUCKING FORGET

>> No.25324804

>>25324348
>and we will set up an insurance contract with arbitration through the Kleros court if something goes wrong.
Because they are rightfully assuming that you can’t always detect malicious behaviour via on-chain techniques (e.g. outlier removal, like what Chainlink is incorrectly assuming is sufficient). Insurance is a backup, unlikely to be called with any frequency.

>> No.25324825

>>25322515
>why do they need APi3?
Because they get APIs onto the fucking blockchain, that is their whole fucking purpose, if you'd realize this, and maybe do some reading, you'd realize how the so called "oracle problem" is just a meme pushed to make LINK seem relevant. If you get APIs directly on the blockchain the "oracle problem" becomes solved by becoming irrelevant.

>> No.25324835

>>25321965
So you brag about buying link over 50 cents and getting lucky on low-cap rugpull risks?

Protip: quit while you're ahead

>> No.25324856

>>25324519
No, you’re just retarded. It’s like saying ethereum nodes are individually centralized thus the entire system is centralized.

>> No.25324864

>>25324825
Hi Dave

>> No.25324881

>>25324825
>get APIs directly on the blockchain

Those are known as "centralized oracles".
They're shit.

>> No.25324931
File: 40 KB, 960x540, EricHolderKilledMe.jpg [View same] [iqdb] [saucenao] [google]
25324931

>>25324767

>> No.25324949

What if i told you the SEC is going to take out every last one of Links competition, would you believe me?

>> No.25324979

>>25324881
dAPIs are constructed with multiple first party oracles thus providing proven data independence when aggregating multiple data points. With the current Chainlink price feeds, you don’t actually know which data sources (read: APIs) the nodes are querying, so you don’t know how actually decentralized (at the source-level) your data feeds are. This also results in a skewed aggregate result, skewed towards whichever API is most queried by the nodes in the data feed. Chainlink price feeds are far more susceptible to API-level errors.

>> No.25325030

>>25324519
literally the opposite. it is cutting out the middlemen that LINK requires to operate. EX: youtube vids embedded into this thread vs. links needing to be copy and pasted. i.e, an unnecessary step that wastes time and energy. Of course the issue at hand regarding API3 and LINK is more complicated which is why people must actually read into it.

>> No.25325037

>>25320827
LINK gives bad price data, is not trustless or decentralized, and there is no oracle problem. Also nobody uses it and sergey will never stop dumping.

>> No.25325068

>>25324979
Dave, i'll see you in Kleros court

>> No.25325074

>>25324979
>With the current Chainlink price feeds, you don’t actually know which data sources (read: APIs) the nodes are querying
You can easily know that (with on-chain proof) when the APIs sign their shit.

>>25325030
> it is cutting out the middlemen that LINK requires to operate
So this guy: >>25324979
is wrong?

>> No.25325104

>>25324881
Do you get up in the morning and ask yourself, "how can I be a retarded fucking faggot today"?

>> No.25325115

>>25324706
This is all you need to know:
“API3 provides dAPI users with the option of on-chain insurance, powered by the API3 token and Kleros’ decentralized courts. API3’s insurance feature gives dAPI users a quantifiable safety net in the event of a malfunction, holds the API3 DAO directly responsible for the security of the dAPIs and incentivizes a security-first governance approach for dAPIs and the API3 project as a whole.”

API3 is a single 3rd party responsible for aggregating the multiple api feeds and providing a single feed on chain. They may have decentralized governance, but that just directs how that single party handles the data. No matter how you try to explain it, API3 is not a trustless service.

The question is are people willing to pay more for a trustless decentralized oracle or API3s single feed that has decentralized governance.

A big part of trusting APi3 is that insurance “safety net” which is funded by their token. I’m not sure what would drive that token value to ever have enough value to back trillions in contract value.

>> No.25325116

>>25321216
>these are the people calling you incel on /biz/
What the fuck

>> No.25325122

>>25325104
Nah, that's just you.

>> No.25325136

>>25324470
Or, it makes you an insecure faggot whose not confident enough in their own product that they have to try sabotage someone else’s. Time spent trying to ruin your competiton could be better spent actually working on trying to improve your own product so people will naturally want to pick it in the first place. So I disagree, I think it shows a lack of confidence more than anything and poor time/money management if they spend it focusing on others rather than themselves

>> No.25325156

>>25325074
>is he wrong?
No, you just don't seem to grasp what he is saying.

>> No.25325170

>>25325074
>You can easily know that (with on-chain proof) when the APIs sign their shit.
Then you might as well get them to run an airnode and transmit that data directly on-chain, instead of passing it through multiple third party middlemen (that can tamper with the data as well as cost additional fees to operate).

>> No.25325199
File: 82 KB, 1438x671, api3 copying Chainlink code.jpg [View same] [iqdb] [saucenao] [google]
25325199

>>25325136
>not confident enough in their own product that they have to try sabotage someone else’s
More like API3 is not confident enough in their own product, seeing how they're literally copy pasting Chainlink code.

>> No.25325205

>>25324825
My point was why would you need api3 to get the data on chain when they could do it themselves. This was the whole joke FUD against Chainlink in the beginning, that anyone could just code a medianizer for multiple api feeds themselves rather than use Chainlink. The whole point of Chainlink was to have this done trustlessly whereas you have to trust api3

>> No.25325209
File: 31 KB, 640x454, NoU.jpg [View same] [iqdb] [saucenao] [google]
25325209

>>25325122

>> No.25325235

>>25325156
him:
>there are multiple first-party oracles

you:
>there is no middle man (i.e. oracle)

FIGHT!!

>> No.25325247

>>25325115
>API3 is a single 3rd party responsible for aggregating the multiple api feeds and providing a single feed on chain. They may have decentralized governance, but that just directs how that single party handles the data. No matter how you try to explain it, API3 is not a trustless service.
Sure, if you consider a DAO a third party. The thing is: data feeds are constructed via an open, transparent process whereby members vote on the final implementation of the data feed. This is far more decentralized and worthy of “trust” than however Chainlink currently and opaquely implements their data feeds.

>> No.25325258

>>25320796
LINK will NEVER recover from this. SELL WHILE YOU CAN!

>> No.25325265

>>25325170
>Then you might as well get them to run an airnode and transmit that data directly on-chain
That's called a centralized oracle.
They're shit.

>>25325209
What do you want me to reply to a shitty ad hom?

>> No.25325269

>>25325199
Weak fud: you can confirm that code was deleted months ago, assuming you know your way around a github repo.

>> No.25325276

>>25325170
What you don't seem to understand Sasa is that airnodes require an Eth node. API3 first suggested E-a-a-S but after the infura disaster they shifted towards running a full ethereum node. If a company is willing to run a full ethereum node it takes almost no effort to also run a CL node. Boom, API3 has literally zero added value BUT has a useless governance token where 80% is controlled byChris Burniske, Burak, Dave and you.

>> No.25325283

>link killer

>> No.25325302

>>25325199
Kek

>> No.25325305
File: 152 KB, 539x455, brainlet bike.png [View same] [iqdb] [saucenao] [google]
25325305

>>25325269
>th-they didn't copy it because they deleted it afterwards!!

>> No.25325314
File: 81 KB, 1125x844, api33.jpg [View same] [iqdb] [saucenao] [google]
25325314

TLDR, buy API3

>> No.25325318

>>25320796
I can understand how bitcoin works. It's a ledger
but how the fuck does LINK work?
I would think smart contracts and oracles would want their tokens to be free, so people would use the system, not increasing in price.
Link makes literally no sense.

>> No.25325339

>>25325205
If you know how to do this, then why not make your own coin?
>>25325199
They worked on the project. Thus they are fully aware of all its strengths and faults. It is meant to be a more innovative and secure evolution to Chainlink

>> No.25325340
File: 314 KB, 1080x2400, Screenshot_20201230-152249_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
25325340

fuck crypto

>> No.25325349

>>25325265
>That's called a centralized oracle.
>They're shit.
Link marines are profoundly retarded. The API3 data feeds are implemented with multiple first party oracles. You’re basically saying that a single node is centralized (regardless if that node is part of a network), showing you clearly don’t understand what a decentralized network is.

>> No.25325386
File: 121 KB, 1018x683, 1600847959811.jpg [View same] [iqdb] [saucenao] [google]
25325386

>>25325339
API3:
>WE'RE A CHAINLINK COMPETITOR

also API3:
>literally copy pastes Chainlink code

>> No.25325391
File: 93 KB, 792x619, 4356456547.jpg [View same] [iqdb] [saucenao] [google]
25325391

Also API3 token is more likely a security
>>25325199
Unironically Band2.0
>>25325269
cope

>> No.25325403

>>25325276
Airnodes can easily be configured to use multiple ethereum APIs (not just Infura) and cloud providers.

>> No.25325416

>>25325349
"First party" as in "run by the API owner", right?

>> No.25325438

>>25325416
Yes

>> No.25325484

>>25325438
Centralized oracles.
Not only are all the oracles run by a central authority, but the source itself is also run by that same central authority.

Doesn't get more centralized than that.

>> No.25325501
File: 27 KB, 1678x350, picrelated.png [View same] [iqdb] [saucenao] [google]
25325501

>>25325314
>have to shill notable investors, as if VC funding is a good thing.
>a token with tokenomics? Wow slap my ass and call me Sally, what a brilliant original concept that's entirely new.
>team: wow a former FACEBOOK employee? She surely must be a brilliant mind on the same level as Ari Juels. See pic related.
>Value proposition is literally saying skipping the middle man and being centralized first party is more secure? Wow.

>> No.25325551

>>25325501
Please tell me sassymilk is involved in API3

>> No.25325563

>>25325339
>If you know how to do this, then why not make your own coin?
It doesn’t require a coin.....

>> No.25325569

>>25325484
You really are retarded. By your logic a third party Chainlink node is also centralized because it’s run by a central NEET authority.

>> No.25325579

>>25325403
Topkek so Third Parties need to be trusted for your ethereum node which is essential for your airnode? Do you even have the slightest idea how stupid all of this sounds to anyone who has researched the oracle problem and who studied the chainlink whitepaper for 3 years now?

>> No.25325613

>>25325349
Api3 is a centralized entirely responsible for how to consolidate the multiple data feeds....

>> No.25325615

so "multiple first party oracles" is the new meme huh. top kek

hang on link marines, we're all gonna make it

>> No.25325616

>>25325501
>>25325551
Google “sassymilk” and you’ll find several accounts that are clearly not the same person.

>> No.25325619

>>25325569
Multiple nodes run by different parties, with another separate party running the API = decentralized

Multiple nodes and the API run by the same party = centralized.

>> No.25325673

>>25322148
Look at the absolute champions that preceded them! Truly an honor to be the next challenger among the ranks.
>Mobius
>Enigma
>Tellor
>Band
>API3

>> No.25325687
File: 775 KB, 581x734, 3456345634.png [View same] [iqdb] [saucenao] [google]
25325687

>>25320796
AHAHHAHAAHAHAAHAAHAHAHHHAAHHAAHAH ISNT API3 THE SAME PEOPLE WHO DITCHED THEIR LAST PROJECT AND INVESTORS? AHAHHAHAHAAH

>> No.25325729
File: 117 KB, 1088x537, F18EBD60-81FF-4680-805F-BD7D1F636B1A.png [View same] [iqdb] [saucenao] [google]
25325729

>>25325619
Here’s an image since you’re having a hard time understanding my point

>> No.25325752
File: 63 KB, 542x505, hmmmm.png [View same] [iqdb] [saucenao] [google]
25325752

>>25325616
Sasa, you have no idea who you are messing with.

>> No.25325790

>>25325579
>Do you even have the slightest idea how stupid all of this sounds to anyone who has researched the oracle problem and who studied the chainlink whitepaper for 3 years now?
Enlighten me: none of the Chainlink node operators use cloud or an Ethereum API?

>> No.25325791
File: 1.12 MB, 365x205, FuckYouEric.gif [View same] [iqdb] [saucenao] [google]
25325791

R E S T I N P I S S
E
S
T

I
N

P
I
S
S

>> No.25325794

>>25325729
Not only are all the oracles calling a certain API owned by the same party, but the fucking API itself is also run by the same party.

That's as centralized as it gets. It's one big fat conflict of interests.

>> No.25325838

>>25325752
>Sasa, you have no idea who you are messing with.
A basement dwelling faggot, I presume? Let me guess: this is her too? https://youtube.com/user/sassymilk

>> No.25325841

THIS THREAD.

Is fucking gold. Kek. The OP is a faggot but this thread has autist gold arguments. People actually believe in Kleros ever delivering anything of value that would be utilised, and thinking anything other than chainlink will deliver a node network that gets utilised. Sirgay is Satoshi, we've been over this so many times, and as soon as you know that the arguments are over. Look at BTC now, right bloody well now. ARRIVAL AT THE LITERAL MOON BY NEXT SPRING. Then, it'll be alt season. Guess where chainlink will go, to join daddy BTC. Eth will be there too. Those are the things that matter. LTC and BCH in orbit around earth, probably, and some others. Link is low for now, just buy more. Wait for the great reset boys, we know this is coming. Remember that Chinese virtual currency is working with chainlink already. Soon.

Buy precious metals too obviously, just in case. And ammo.

>> No.25325873

>>25325794
>Not only are all the oracles calling a certain API owned by the same party
No, each oracle in the network represents a single API, it’s a one-to-one mapping.

>> No.25325876

Put me in the screencap for when Burak get creampied by Dave

>> No.25325886

>>25325790
That's the beauty of it, with Chainlink you'll be able to pick only nodes who run their own infrastructure. With API3 you risk losing your tokens because some random data provider messed up by not paying their Ethereum as a service.

>> No.25325896

>>25325386
Stay poor

>> No.25325941

So many seething linkies in here, just buy API3 and hedge against your shitcoin

>> No.25325949

>>25325886
>with Chainlink you'll be able to pick only nodes who run their own infrastructure
And how does one prove this?

>> No.25325964
File: 172 KB, 1038x505, hmmmm.png [View same] [iqdb] [saucenao] [google]
25325964

>>25325838

>> No.25325989

>>25325873
>each oracle in the network represents a single API

So they're centralized oracles.
And since the oracle operator and the API operator are the same party, that's about as centralized as you can possibly imagine an oracle to be.

>> No.25326005

Imagine falling for the DAO meme when 80% is held by Sassymilk, Dave Cockner, Burak Twinky Turk, Heiiki /Biz/ CLCG, and Chris Bukkake. Fuck that

>> No.25326023

>>25325949
This'll be easy with proof of stake.

>> No.25326045

>>25325896
Keep investing your money in copycats.
Hope it works out for you.

>>25325964
I like how you underscored "anal".
I can already imagine the smell.

>> No.25326065

>>25325964
My point was, to dumb it down for a low IQ faggot such as yourself, that there are clearly multiple users with that name if you do a google search and I included an example.

>> No.25326068

>>25325841
>cope: the post

Thanks for confirming with those last couple sentences that most of the current link community are fucking retards

>> No.25326114

>>25326005
>Chris Bukkake
I dream that this is Sonichu's new alter ego, but I know it won't be. Entertain the concept for a moment, though, and tell me - is it? Is Chris-chan now buying shitcoins to fund the C64 takeover thing?

>> No.25326132

>>25325989
Holy shit, you really are retarded. I bet you think having 20 third party oracles delivering data from the same API is more decentralized than having 10 oracles delivering data from the same API.

>> No.25326151

>>25326065
Both being in crypto and female kind of narrows it down lmao

>> No.25326164
File: 82 KB, 1280x720, sexy.jpg [View same] [iqdb] [saucenao] [google]
25326164

>>25322351
sup

>> No.25326180

>>25325619
You still have a centralized bottle neck in that api3 decides how to consolidate the data.

>> No.25326196

>>25326151
Can you prove the post made on the ethereum forum was made by a female?

>> No.25326201

>>25326065
Yeah sure, because there's a plethora of women posting on blockchain fora.

>> No.25326238

>>25326196
Yes but I will not publish it. However if a reporter would like to confirm, they are welcome to contact me.

>> No.25326259

>>25326132
The whole point of decentralization is to have different parties involved.

A single party running all the oracles connecting to an API and the API itself as well makes the whole thing centralized as can be.

>> No.25326278

>>25325729
This isn’t an accurate representation of Chainlink, but rather a Chainlink contract. The “centralized governance” will be what the parties agree to in the contract. Chainlink current has contract set up for price feeds as things are rolling out, but any parties will be able to set up their own co tracts. With API3 you will always be subject to their governance model.

>> No.25326283
File: 296 KB, 1080x1733, IMG_20201230_202250.jpg [View same] [iqdb] [saucenao] [google]
25326283

>>25326068
>He doesn't even know
It's literally happening, you Kazak goatherd. I swear, you Kazaks are the worst. Is your head literally in the sand or what? Are you blind and deaf? Do a moment's bloody research about current political and economic policy directions and maybe you'd be aware. But no, you're too busy fapping over the latest pajeet p&d. Buy all means, ride a few of them, but don't propose, seriously, that they'll go anywhere or do anything but run out of steam due to lack of mainstream support and adoption, and literally no actual usage. I bet you don't even have 10 goats either. Stupid Kazak.

My data IP is blocked. I was going to post a "what do you call this pattern" fud thread but I can't, so enjoy the picture here, instead.

>> No.25326294

>>25320827
Yep, its sad. Most of your replies inadvertently support your point fren

>> No.25326301

>>25326238
kek

>> No.25326345

>>25321790
>K, keep holding LINK and doing 0 research, would love to get an update in a few months.
Kek, this exact attitude towards anons (the people you are shilling your project to) is what made everyone hate CLCG, and now you're doing it all over again.

>> No.25326359

>>25326259
>A single party running all the oracles connecting to an API and the API itself as well makes the whole thing centralized as can be.
Dude, what the fuck are you talking about? “A single party running all the oracles”? In the API3 system, each oracle is run by a single API provider.

But please keep bumping this thread so that relatively intelligent lurkers can see the types of people that hodl LINK.

>> No.25326381

>>25324690
This is how API3 behaved when they were CLCG too.

>> No.25326387

Gotta go, cheerio to all the other OG linkies. 2021 will, once again, be our year.

>> No.25326394

>>25321216
mirin

>> No.25326395

>>25326278
This is fair, but this all rests on staking and reputation being sufficient to secure individually constructed data feeds.

>> No.25326401

If Link wants exclusivity tough cookies. They have your money and they can buy anything they want. Free Market.

>> No.25326479

>>25325752
>>/biz/thread/25320796#p25325752

>> No.25326490

>>25326359
>In the API3 system, each oracle is run by a single API provider.
That's even worse, you realize that right?
A single API operator runs a single oracle.
That's as centralized as can be.

With Chainlink, you have multiple independent oracles calling each API. There's decentralization at the single source level.

>> No.25326524

>>25326359
No, a single party is responsible for consolidating the price feeds from the “first party” oracles. Api3 is a trust model as you have to tryst api3 and it’s “decentralized governance” with the vast majority of tokens own by a few people. Chainlink allows parties to set up a contract and select which oracles will feed the contract. No where are you required to trust one single party

>> No.25326626

>>25326490
>That's even worse, you realize that right?
>A single API operator runs a single oracle.
Yes, single nodes are always presumed to be operated by a single entity, regardless of the network. Just to reiterate my point again: dAPIs are constructed via aggregating multiple first party nodes thus you are not placing trust in any single one of them.

>> No.25326700

>>25326524
>Chainlink allows parties to set up a contract and select which oracles will feed the contract.
This is only feasible if there are sufficient security measures in place for the contract writer to select and trust third parties to feed data into their dApps. Staking isn’t implemented and reputation.link is a joke since it doesn’t even measure the accuracy of the response.

>> No.25326737
File: 3.81 MB, 5120x2880, 1540936230769.jpg [View same] [iqdb] [saucenao] [google]
25326737

>all this newblood
i now see why we had to dump so hard on LINKBTC

>> No.25326739
File: 231 KB, 1488x962, Screen Shot 2020-12-30 at 1.58.53 PM.png [View same] [iqdb] [saucenao] [google]
25326739

This chart looks worse than LINK's desu. See you at $1 APIhoes

>> No.25326745

>>25326626
You are not trusting single oracles, but you are trusting API3 to consolidate the data. No matter how you spin it, it is still a trust based model

>> No.25326775

>>25326626
>Yes, single nodes are always presumed to be operated by a single entity
Anon, there's only ONE node per API.
And on top of that, the node operator and the API operator are the same fucking party.

That's one fat conflict of interest.

With Chainlink, you have multiple independent nodes per API. There's decentralization at the API level.
And you can easily hide the identity of the source to prevent misbehavior.
With API3 you can't do that, since the API and node operator are the same party.

>> No.25326810

>>25320796
link fud is always pure comedy gold

>> No.25326824

>>25321516
>>25321578
Ethereum is getting corrupted by Chainlink. it isn't just about the hackathon. but fuck it. API3 is a viable competitor and Chainlink is silencing them.Sergey taking a page from Stalin playbook.

>> No.25326840

>>25326775
>With Chainlink, you have multiple independent nodes per API.
Absolutely retarded. How does this improve decentralization at the data source level? How are these additional nodes preventing errors by the API?

>> No.25326843

>>25322351
fuckin based

>> No.25327027

>>25326840
You are fucking dumb friend

>> No.25327065

>>25326840
>How does this improve decentralization at the data source level?
Because there are multiple independent parties calling each individual source.

Fucking READ.

>How are these additional nodes preventing errors by the API?
If the API's own oracle fucks up (accidentally or on purpose), the rest of the oracles can correct for it.
Obviously.

What a question to ask in an oracle thread in 2020.

>> No.25327166

>>25327065
>If the API's own oracle fucks up (accidentally or on purpose), the rest of the oracles can correct for it.
>Obviously.
Yea, this is what API3 does. Data sources are made explicit so you know exactly how decentralized data feeds are at the source-level. Tell me: how many total APIs are queried by Chainlink nodes in the ETH-USD price feed, for example?

>> No.25327214

>>25327166
>Yea, this is what API3 does.
No, because each API only has one oracle.

With Chainlink, you can attach multiple nodes to each and every API.
With API3, each API can only have one oracle.

>> No.25327259

For future references. (TL:DR)
API3 x EthIndia hackathon drama 2020:
API3: 'We are forced to take this action as we were informed that another oracle project, Chainlink, have bought exclusive rights to act as the sole oracle provider for the aforementioned events. '
Also API3: REEEEEEEEEEEEEEE
API3 later in the same article:
'ETHIndia Online and EthPunk 2021 have the right to sell exclusivity rights to their event and limit participation by anyone they wish.'
>source: https://medium.com/api3/api3-x-matic-hackathon-postponed-58613c64bbd

>> No.25327303

>>25327259
Best part is API3 only communicated with ETH India via Matic, and then acts all butthurt when ETH India says they never communicated with them lmao

>> No.25327322

>>25327259
Lol did you even look at OP's picture? it clearly shows Eth india claiming they didnt communicate with API3, meanwhile API£ has proof it's a lie and matic also tweeted them out earlier, Your seethe is so obvious, makes me wonder why tf you dont just buy API3 if you are this worried

>> No.25327349

>>25327322
>Eth india claiming they didnt communicate with API3, meanwhile API£ has proof it's a lie

See >>25327303
tardboi.

>> No.25327368

>>25327214
>With Chainlink, you can attach multiple nodes to each and every API.
You really are dumb. How does this improve security? How is your data (coming from some API) more secure having gone through several third-parties vs going directly on the blockchain by the API transmitting that data directly?

>> No.25327410

>>25327368
>How does this improve security?
I already told you.

If the API's own oracle fucks up (accidentally or on purpose), the rest of the oracles can correct for it.
Obviously.
What a question to ask in an oracle thread in 2020.

>> No.25327552

>>25327368
And also: if the API and the oracle are run by the same party, that party can obviously falsify the outcome as much as he wants.

With Chainlink, you can easily hide the identity of the API from the oracles, removing an obvious attack vector.
With API3 this isn't possible, since the API and the oracle are run by the same party.

>> No.25327574

>>25327322
>This is a lie
Must be true, besides why would anyone trust a trustless decentralized oracle network?

>> No.25327580
File: 8 KB, 225x225, rich pepe.jpg [View same] [iqdb] [saucenao] [google]
25327580

>>25327349
>tardboi
whoever communicated with who, it has now come out that Link pays projects and events for exclusivity, creating the Link killer narrative on their own, why would they be paranoid, do you see eth paying places not to have ada or polkadot at events? no because vitalik isn't worried, Sergey is shitting his pants.

This the exact same shit that is crashing XRP right now, the fact that they had to pay banks to use the tech and that the banks didnt just want to use it like they portray, the same shit is happening with link, projects are getting paid to use Link out of sergey's routine market dumps, creating a ponzi scheme

>Link Price pumps
>dump supply
>use dump profits to buy more projects
>pump circle jerk continues untill it all comes crashing down as projects switch to actual better options
>API3

>> No.25327614

>>25327580
>it has now come out that Link pays projects and events for exclusivity
Says API3.
The response from ETH India very much suggests it isn't true.

>> No.25327619

>>25320966
Cool trick. Remember that if you're posting from a G20 country that capital losses don't carry backward. If shit starts tanking in 2021 take some fiat profit to pay your taxes and save yourself the cost and inconvenience of having no legal framework to make it.

You're up more than 30% right? If you traded back into fiat right now.

>> No.25327665

>>25327552
>With Chainlink, you can easily hide the identity of the API from the oracles
And the contents of the API call, of course.

Good luck doing any of that when the API and the oracle are run by the same dude lmao

>> No.25327768

>>25326840
holy shit how dumb can someone be, thanks for the buy signal. just bought 150 more stinkers.

>> No.25327785

>>25327580
>whoever communicated with who
Pajeets negotiated in english.
Failed.

>> No.25327966

can ari hurry up with the """minecraft""" contracts already? I want to play """minecraft""" contracts with some of these people

>> No.25328111

>>25320796
not needed just use time weighted averages.
link and kleros are king smaller oracles are probably done, made almost 40x on tellor not gonna invest in this seeing as AMM's market share is shrinking

>> No.25329319

>>25327580
Paying to be the exclusive sponsor of an event is very common business practice....

>> No.25329413

>>25327574
That’s literally the point, you don’t have to trust the decentralized network. The question is why would anyone trust APi3 to consolidate the API feeds?

>> No.25329416

Chainlink has come from far. Remember years ago Chainlink held a event next to the toilet in a shitty room with just couple of autist in it at the end of the conference?

>> No.25329484

>>25320864
EOY is in 2 days anon

give me some hope here please

>> No.25329492

what do I convert my LINK to?

>> No.25329511

>ctrl+f chainlink
>0 results

>> No.25329552

>>25329416
>pajeet remembers this because there was a room with a toilet.
Indeed, indoor plumbing is quite impressive.

>> No.25329992

>>25325037
THIS so fucking much. Will be laughing at the marines after I finish laughing at the xrp army

>> No.25330056

>>25325340
lol. I own this stonk. but my crypto wallet is blowing past its 2x.

>> No.25330734

>>25322351
Your arm looks like a garloid wtf