Could this be flipped by competitors?

[Anonymous No.26124286]

Brahs who know the tech - educate us. I know Oracle solutions are necessary for DeFi, and Chainlink already has mass adoption

However do other solutions like API3 or BAND have significant advantages over Chainlink? I read something along the lines of Chainlink is basically centralized whereas API3 is not, therefore inherently more secure. What do you think

[Anonymous No.26124320]

>>26124286
It's already been flipped by Rubic

[Anonymous No.26124348]

Do other space companies like "Pete's Backyard Rocket Systems" have significant advantages over NASA?

[Anonymous No.26124392]

First in and massive adoption is huge for Link. Look how many have tried and failed at flipping BTC. Not saying impossible, but it has to be some next-next level tech to flip Link.

[Anonymous No.26124398]

>>26124286
API3 is a vengeance play by VCs and pink manlets

[Anonymous No.26124413]

>>26124286
what competitors?

[Anonymous No.26124489]

Yeah I understand metcalfe's law, looking for things beyond that. Underlying fundamentals. This is so I know what my long term holds are, what I'm taking long term profits in to when my alts pump. First mover advantage is not a sufficient argument when we could very well see ETH flipped by ADA within a few years

[Anonymous No.26124519]

>>26124286
Chainlink has been being developed since 2014 after the inception of Ethereum. That's a hell of a race to compete in. Remind me which eth killer killed eth?

[Anonymous No.26124525]

There is only one project you need to know.

Chadix will bang all other layer 2 scaling projects with his MASSIVE GREEN CANDLE.

[Anonymous No.26124539]

I don't know, holding both LINK and API3 now so I don't really care what happens. I win either win

[Anonymous No.26124572]

>>26124286
no. sergey is too ruthless and will crush competition with underhanded tactics which is based of course

[Anonymous No.26124579]

>>26124286

[Anonymous No.26124683]

Back when Chainlink ICO'd, no one else was building oracles. After Chainlink took over DeFi, now all of a sudden everybody is building oracles. Same thing happened to Ethereum with smart contract platforms, same thing happened to Bitcoin with crypto currencies. Where are Bitcoin and Ethereum now and where are their competitors?

[Anonymous No.26124741]

>>26124286
no one is even close to offering a competitive solution, it is very much like comparing von Brauns 5th grade science fair project to NASA

[Anonymous No.26124746]

>>26124286
Why would you say chainlink is centralized? It’s literally not possible for it to be more decentralized like the tech doesn’t exist yet

[Anonymous No.26124826]

[Anonymous No.26124949]

>>26124519
What has it accomplished in that time? Centralized data feeds with node operators hired directly by Chainlink.

[Anonymous No.26124977]

>>26124286
You forgot Mobius

[Anonymous No.26125055]

>>26124977
Everyone forgot Mobius. It's shit.

[Anonymous No.26125060]

>>26124286
I invest in people. Ari is the smartest guy in this field so i buy chainlink. I guess a competitor could get lucky, but i wouldnt bet on it.

[Anonymous No.26125062]

>>26124826
Lol

[Anonymous No.26125090]

>>26124949
Good question. Ask the World Economic Forum.

[Anonymous No.26125113]

>>26124683
How does Chainlink at all compare to Ethereum and Bitcoin? Link holders make this comparison as if it's obvious. How? Bitcoin and Ethereum are permissionless networks that can grow untethered, and their security increases in a quantifiable way with additional independent node operators. Chainlink is extremely permissioned. Node operators are selected by Chainlink. True network effects can only take hold in a network that's untethered by a central governing authority.

[Anonymous No.26125136]

>>26124826
HahahahahahahahahahahahahahahHHHHahahahhahahahahhahahahahahahagahahhahahahahahahahahahahahah

[Anonymous No.26125160]

>>26125090
How about you answer the question yourself?

[Anonymous No.26125170]

>>26125113
You dont even understand what LINK is.

[Anonymous No.26125212]

>>26125113
>>/biz/thread/S14514053
heres one for you

[Anonymous No.26125252]

>>26124826
Based Sergey

[Anonymous No.26125292]

>>26125113
when features such as staking is implemented the network is no longer controlled by anyone, but you probably already know that

[Anonymous No.26125305]

>>26124286
Chainlink will never have a competitor, if another oracle solution arises, it will literally consume it and grow as a network

[Anonymous No.26125353]

>>26125212
Yes I'm familiar, I used to be a link marine myself. But that all assumes that staking and reputation are live and that these things are sufficient to secure the network. You don't find it concerning that staking hasn't made any progress in years? And that it's the only value prop for LINK?

[Anonymous No.26125517]

>>26125353
>You don't find it concerning that staking hasn't made any progress in years?
no, if the thesis remains that: blockchains need oracles, and chainlink is by far the most secure oracle solution, then the majority of my position will be in oracles, they have never provided roadmaps and yet they have shipped, the existence of staking's development has been acknowledged by the team

[Anonymous No.26125557]

>>26124348
Tesla flipped NASA

[Anonymous No.26125623]

OP is both retarded and lazy. Bad combination. Go 50/50 on BAND and API3. Chainlink is a shitcoin. And the token is not needed.

[Anonymous No.26125645]

How do I buy chainlink? I'm a stupid fucking nocoiner and I can't live like this any longer

[Anonymous No.26125834]

>>26124826
What does this mean for an idiot like me

[Anonymous No.26125864]

>>26125557
Not really. They sell rockets to NASA because NASA got so much funding pulled that they can no longer develop their own, but Elon isn't sending fuck all into space w/o NASA right now.

[Anonymous No.26125875]

>>26125517
>and chainlink is by far the most secure oracle solution
How are you objectively measuring security when you say this?

[Anonymous No.26125920]

>>26125834
ctrl+c
ctrl+v

[Anonymous No.26126012]

>>26124348
What kind of example is this? Tech is rife with case studies of late movers flipping first movers: netscape -> explorer, whatever came before google -> google, myspace/friendster -> facebook ... even Lyft has 20% of the share of Uber, showing that a competitor can eat into another's market cap

[Anonymous No.26126019]

>>26124826
can you link this page on the api3 github please

[Anonymous No.26126069]

Will LINK work with whatever flips ETH?
Since ETH is irredeemable shitcoin and all.

[Anonymous No.26126101]

>>26124826
>>26125920
Linkie FUD. page doesnt exist

[Anonymous No.26126141]

>>26124286
all of them are strictly inferior solutions and 4 years behind.

[Anonymous No.26126167]

>>26124286
https://smartcontentpublication.medium.com/a-comparative-analysis-of-band-protocol-and-chainlink-54b7d14823b5

[Anonymous No.26126218]

>>26126012
The whole tech is patented by Ari Juels. They can basically sue anyone trying to build a decentralized oracle into stone age.

[Anonymous No.26126272]

>>26125645
Coinbase

[Anonymous No.26126274]

>>26125645
set up a coinbasepro account

[Anonymous No.26126353]

>>26125517
API3 staking is launching in Q1.

[Anonymous No.26126404]

>>26124579
This

[Anonymous No.26126634]

>not even 30 linkies
>can afford to buy only 20 or so a month

tfw not gonna truly make it
once it gets to 100 which might be very soon I will be able to buy few of them a month
by the eoy i literally cant buy one

[Anonymous No.26126669]

>Jason Parser
>Revolutionary

[Anonymous No.26126913]

>>26126218
dude, you are completely delusional. getting data from an api to the blockchain doesn't require any of Ari's cryptographic solutions. also, you can't sue a DAO. it's one of the lesser-known reasons people set up DAOs: to avoid regulators.

[Anonymous No.26127710]

>>26125113
>chainlink is permissioned
Isn't that the point? link is the interoperable network layer that cinches everything together. It belongs in the top 3 and is on its way.

[Anonymous No.26127748]

Rubic will flip it because it is a cube as well, but it is green

[Anonymous No.26127764]

>>26124413
tellor

[Anonymous No.26127789]

>>26127748
This is the sound logic I come to /biz/ for

[Anonymous No.26127821]

>>26124286
yes, flare will make link unnecessary and obsolete

[Anonymous No.26127823]

>>26124286
As Sergey said;There is room for other oracles, but in the end Chainlink wil absorb them

[Anonymous No.26127845]

>>26126634
This is where I am at.I could maybe buy 25 a month. And thats going all in on LINK instead of being more sensible and buying BTC and ETH as well. How can I make it?

[Anonymous No.26127868]

>>26127823
>as the biggest bag said
lmao

[Anonymous No.26127901]

>>26124286

[Anonymous No.26127970]

1k link will unironically be generational wealth

[Anonymous No.26127984]

>>26127868
It's already happening fren

https://twitter.com/link_hound/status/1350103020550430721?s=20

[Anonymous No.26128017]

>>26124519
Ask this question about eth in a year.

[Anonymous No.26128051]

>>26127984
kek.
All these "chainlink killers" always bend the knee in the most pathetic way.

[Anonymous No.26128074]

Okay, this thread has convinced me that there's no alternative to Chainlink and it's an absolute must hold.

Should I buy back in now or wait for the dip that may not come?

[Anonymous No.26128105]

Ergo because Alexander is in

[Anonymous No.26128421]

>>26125645
Wait until this weekends price discovery is over for starters, I’d say it might cool off some time early next week. Aiming for a dip between $21-22 would be great if you set a price alert in Coinbase or bitpanda. And try and download Coinbase pro if your familiar with crypto, saves you a fuck tonne on fees which is great for your first link investment.

[Anonymous No.26128862]

>>26124286
chainlink is four years ahead, good luck.

[Anonymous No.26129669]

>>26128074
just wait there's gonna be a big correction next week

[Anonymous No.26129750]

Theoretically possible, but there's 0 reason to think it will actually happen. Sergey has been in this space since 2014 making connections behind the scenes. Link is irrevocably the industry standard now. Acquisition of Ari and town crier + Arbitrum makes it even moreso.