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29131488 No.29131488 [Reply] [Original]

How the fuck do we create market interest in this?

Every meme has been blowing up and it's totally missed serious projects by. We need to reach the normiesphere. Are there influential FB crypto groups we could brigade?

>> No.29131773

>>29131488
Chainlink has everything to make it: good team that avoids hype, highly motivated online community, amazing use case, massive interest from both legacy finance and crypto, some of the greatest minds in the world working on it (Juels, Zhang, ...), rapidly increasing adoption in Defi, etc.

The only thing it doesn't have is actual technical progress.
Almost none of the features promised since 2017 (staking, reputation contracts, enclaves, threshold signatures, ...) have been released.

This is likely due to the fact that Sergey lost most of his drive since he's already rich.

>> No.29131862

>>29131773
God i wish there was a block option on 4chan

>> No.29131963

>>29131773
Seriously, most days Sergey can be seen in the McDonald's by Union Square for hours on end.

>> No.29132157

>>29131862
What part of what I said is beyond your coping abilities?

>> No.29132187

LTO/LINK Flippening Q3. Its in the LTO math. Screenshot this.

>> No.29132773

>>29131773
He was slowed down by Vitalik's incompetence.
It's hard to create a fully mature network when you are stuck with extreme gas fees and a very slow network.
Unironically Binance may help Chainlink and increase the global network growth of DeFi.
I still don't get how I missed this despite using BSC to do a transfer from different wallets.
It was extremely cheap and fast, but I thought it was some kind of local imitation.
This may not be a good solution for banks and insurance companies but for DeFi exchanges it's perfect.
In the future there will be different chains for different use cases.
Each new chain and use case will make Chainlink grow.

>> No.29132880

>>29132157
They literally just integrated fantom today so your FUD doesn't work. Go open more shorts on aave.

>> No.29133002

>>29132773
>He was slowed down by Vitalik's incompetence.
>It's hard to create a fully mature network when you are stuck with extreme gas fees and a very slow network.
A bunch of the features promised by Chainlink promised to help resolve this.
This is as much due to Sergey's incompetence and slowness as it is due to Vitalik's.

>>29132880
>They literally just integrated fantom today
That has nothing to do with the basic features promised in 2017, and is work done by a third party who is getting a Chainlink grant.

>> No.29133108

>>29131488
If the faggot who tried to insult me for moving my link to BNB/Cake is here, how does it feel to be retarded ?
You even tagged me cause link moved a WHOLE $1, enjoy staying poor bitch
I'll cash my chink gains on linkies later and still ride the rocket

>> No.29133762

>>29133002
Sergey didn't originally plan for this issue. He started to look for solutions when he Vitalik started not delivering.
When you start to add new features into your project when it's already on its way you are increasing the development effort and the complexity of your project.
This is called feature creep and Star citizen is a good example of what happens when you go overboard.
However despite everything he managed to deliver what mattered with only a slight delay.
He is putting more effort where it matters and where you can't see.

>> No.29133941

>>29131488
I mean, it has a $13bil mcap. How much bigger can a pricefeed json parser actually get? Literally all it does is verify data being correct, any competent dev team could implement chainlink's business model without actually needing chainlink. It's basically just being propped up by defi scams

>> No.29134134

>>29133762
>Sergey didn't originally plan for this issue. He started to look for solutions when he Vitalik started not delivering.
No.
Measures designed to help reduce L1 congestion (e.g. threshold signatures) were already promised in the 2017 whitepaper.

>> No.29134207

>>29132773
>He was slowed down by Vitalik's incompetence.
i think vitalik's "incompetence" in hind sight saved Chainlink.
If ETH was fully scalable since 2017, Link would hastly implement and a potentional oracle failure would have killed whole of DeFi

>> No.29134349

>>29131488
>>29131862
>>29132880
>market interest
go fuck yourself you reddit tourist, you don't understand a single thing

>> No.29134368

I hurt myself today
To see if I still feel
I focus on the pain
The only thing that's real
The needle tears a hole
The old familiar sting
Try to kill it all away
But I remember everything

What have I become
My sweetest friend?
Everyone I know
Goes away in the end
And you could have it all
My empire of dirt
I will let you down
I will make you hurt

I wear this crown of thorns
Upon my liar's chair
Full of broken thoughts
I cannot repair
Beneath the stains of time
The feelings disappear
You are someone else
I am still right here

What have I become
My sweetest friend?
Everyone I know
Goes away in the end
And you could have it all
My empire of dirt
I will let you down
I will make you hurt

If I could start again
A million miles away
I would keep myself
I would find a way

>> No.29134440

>>29133941
>How much bigger can a pricefeed json parser actually get?
I see this stated a lot. Can this fud be refuted?

>> No.29134507

>>29131488
If you’re having to think of shit like this to keep momentum going it’s unironically ogre, anon

>> No.29134548
File: 330 KB, 2224x798, (2) maker dao compound both had oracle failures November 25 2020.jpg [View same] [iqdb] [saucenao] [google]
29134548

>>29134440
>>29133941
Even if Defi stayed the exact same size as it is today, Chainlink would inevitably grow much larger as shitters like Compound and Maker eventually have no choice but to throw out their useless centralized oracles and adopt Chainlink.

You people are clueless.

>> No.29134556

>>29131488
Institutional buying is what will drive demand, we don’t need normies. They will pile in at the top when they see the gains

>> No.29134629

>>29131773
This is some strong subtle fud

>> No.29134722

>>29133941
>any competent dev team could implement
well but how many competent distributed systems engineers are there that are at the same time work on a potentionally revolutionary framework to transact value (data) through the internet

if you talk with employed programmers 9/10 will turn up ones nose if you mention blockchain

>> No.29134764

>>29134556
>we don’t need normies
Chainlink is a decentralized project.
The ideal outcome is individuals running their own financial business with the fewest and smallest possible intermediaries.

You're missing the entire point of Chainlink and crypto in general.

>> No.29134886

>>29131773
>The only thing it doesn't have is actual technical progress.
It literally undoubtedly has by far the most technical progress of every single project in crypto, it is not comparable, like at all, you fucking retard

>> No.29135067

>>29131488
>How the fuck do we create market interest in this?

You don't. Its not going up because accumulators aren't ready for it to go up. It reached 35 on basically no news. Retail has almost zero effect on whether the price goes up unless the accumulators let it run. This could reach $1000 strictly because enterprise got it there.

>> No.29135125

>>29134440
Well if it was intended to be just a Jason parson for price feeds.... $150 bil mcap, as XRP did that with no actual usage/adoption. If they actually deliver on the oracle network providing all trust minimized computation and services required by blockchain networks.... the $81k/link meme could actually be real. The Chainlink network will take a cut on every machine to machine interaction on the planet. It’s unfathomable what that could actually be worth.

>> No.29135158

>>29134886
Let's test that;

Technical features promised in/since 2017:
>staking
>reputation contracts
>order matching contracts
>aggregation contracts
>threshold signatures
>trusted enclaves (SGX)
>mixicles
>etc.

Technical features released since 2017:
>basic aggregation
>VRF

I really have no idea why you would claim Chainlink has "by far the most technical progress of every single project in crypto".

>> No.29135293

>>29134764
Chainlink is one of the few projects not dependent on “the little guy” winning and the meme of “democratizing finance”. It should be abundantly clear at this point that node operators are going to be enterprises, not neets, as the collateral requirements will be immense when the network reaches scale

>> No.29135309

>>29135158
don't forget DECO, OCR, neet nodes

>> No.29135325

>>29134207
It’s true. What’s hilarious is that Link will probably end up with a superior ETH through better developed L2’s than what ETH 2.0 will actually deliver. How did the ETH team drop the ball so hard?

>> No.29135376
File: 312 KB, 730x606, carrot_on_a_stick.png [View same] [iqdb] [saucenao] [google]
29135376

>Any day now marines!

>> No.29135433

>>29135293
>Chainlink is one of the few projects not dependent on “the little guy” winning and the meme of “democratizing finance”.
This is such horseshit lmao.
Chainlink was always about cutting out middlemen like lawyers, banks, courts, notaries, ...

>> No.29135678

>>29135376
stuck on 99%

>> No.29135949

>>29135433
Yes cutting out middle men. But noses aren’t going to be neets, at least not any time soon. It’s going to be professional operations like Linkpool and T-Mobile, not neck wards running servers in their moms basement.

>> No.29135999

>>29131773
I have video of sergey at a bar with about 5 other people. It was Saturday 13th feb. He even requested the song “lil link. “

Clown world for sure.

Figured he was just celebrating link hitting all time high.

I also don’t hold link but know who is is from memes and his famous shirt he always wears

>> No.29136045

>>29135433
>Chainlink was always about cutting out middlemen like lawyers, banks, courts, notaries

This was always for enterprise. They made it hard to even buy the ICO people had to pool money and they didn't ask Binance to even list. They tried to make it look like a decentralized ICO without really wanting it to be one.

>> No.29136428

>>29135949
>>29136045
Whenever Sergey explains Chainlink, his go-to example is always crop insurance for some farmer in the third world.
Chainlink was always about cutting out the middlemen.

>> No.29136576

>>29131488
you retards fudded it everywhere for years. I don't know why you did this or what you expected to happen

>> No.29136584

>>29136428
>Chainlink was always about cutting out the middlemen.

Yes and who would capitalize the most from back end accountants and insurance adjusters being unnecessary?

>> No.29136676

>>29136584
>Yes and who would capitalize the most from back end accountants and insurance adjusters being unnecessary?
Regular individuals.

>> No.29136854

>>29136676
>Regular individuals.

.....No? Obviously the insurance company who no longer has to pay them and their bottom line has gotten much bigger. Sure they can charge better premiums to their customers as well.

>> No.29136917

>>29136854
Anon, the insurance companies themselves will become obsolete.

>> No.29137045

>>29136676
We are talking past each other. Yes the little guy will benefit indirectly from lower cost more efficient systems enabled by smart contracts. That doesn’t mean Sergey is going to trust the oracle network to nodes run by those same individuals. At least initially, the nodes are all going to be highly technical teams/enterprises. That’s why they vet every node operator before onboarding

>> No.29137168

>>29136917
>Anon, the insurance companies themselves will become obsolete.

That would be like the 25 year case when the system is completely mature and people start developing full stack decentralized insurance products from top to bottom. We are far from the entire thing being automated.

>> No.29137176

>>29135376
Can't you just stake your Links on LinkPool?

>> No.29137442

>>29137045
>That doesn’t mean Sergey is going to trust the oracle network to nodes run by those same individuals.
This phrase is so hilariously misguided.

1) Sergey doesn't have to "trust" anyone, that's the whole point of Chainlink: to be a trustLESS network
2) Sergey very much wants regular individuals to run nodes, that's what things like staking, TEEs, ... are supposed to do: empower individuals.

He was extremely proud to say that 13k regular people had indicated a desire to run a node back in late 2017.

>> No.29137534

>>29137168
That's the entire point of Chainlink and crypto in general.
And this isn't going to be an on/off thing.

>> No.29137596

who fucking cares?
it's blockchain agnostic
every blockchain uses it in some form
it's so low risk it's unbelievable

>> No.29138959
File: 164 KB, 2000x1074, ForthReich.png [View same] [iqdb] [saucenao] [google]
29138959

>>29131488
I think those last two digits are the reason why you shouldn't exist