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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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50670939 No.50670939 [Reply] [Original]

This year’s SmartCon precedes the release of two groundbreaking developments in the Chainlink Network – Chainlink’s global cross-chain communication standard, CCIP, and a community-driven model for staking, expected to start rolling out successive iterations in the second half of 2022.

>> No.50670956

>reduced supply and more functionality and integration is bad for price

>> No.50670977

>>50670939
When does smartcon start

>> No.50671003

>>50670939
Why are you contradicting your title with your post? It’s confusing

>> No.50671010

>>50670956
everything is bad for the price

>> No.50671048

>>50670977
end of september this year. also end of shemitah.
>>50671003
it was rumored ccip and staking to be released before smartcon and apparently will be after that given my text.
>>50670956
in the next couple of years yes initially not so much because most eligible for v0.1 are already in cold storage.

>> No.50671117

lil bump

>> No.50671180

>>50670939
WAHH THEY ARE STICKING TO WHAT SERGEY ORIGINALLY SAID AT THE START OF THE YEAR WAHHHHH

smartcon is for devs and networking, not some "THE RUMOURS ARE TRUE" scam event to pump and dump, go sell for xrp or vechain or something retard

>> No.50671190

>>50671048
where's the text from?

>> No.50671206

>>50671190
chainlink today
>>50671180
never selling

>> No.50671215

>>50671180
this, you'd think after the last two these retards would've figured that out.

>> No.50671247

>>50671206
what does chainlink tomorrow think >>50671215
virtual pass gives you "access to a limited collection of talks and panels after the conference."
>after the conference
another betrayal

>> No.50671263

>>50671247
Why do you think they wouldn't allow live chat? Why don't you think they want the "anonymous community" interacting with their participants?
/biz/ reaps what it sows. We get what we deserve.

>> No.50671276

>>50671048
>in the next couple of years yes initially not so much because most eligible for v0.1 are already in cold storage.
Not how staking works but ok lmao

>> No.50671284

>>50671263
based. that's what chainlink marketing get for fucking anon over year after year with endless hopium posting that led no where.
where is my money sandy salami?

>> No.50671309

>>50670939
We are SO early Link marines!

>> No.50671314

I’m checking all the Chainlink today outlets and I can not find the quoted text. Do you have a link?

>> No.50671336

>>50671314
https://chainlinktoday.com/ftx-founder-sam-bankman-fried-to-join-100-visionary-speakers-at-smartcon-2022/

>> No.50671340

>>50671314
He’s fudding

>> No.50671387

>>50671263
>we love our community
>no live chat
>virtual pass guarantees access after the event
pick a lane sir gay

>> No.50671422

why did they tweet about google's allen day nothing burger from last year's smartcon when he isn't even listed yet as a speaker?
the fucking google shit was pinned on chainlink twitter for a year and nothing came of it. what the actual fuck

>> No.50671444

>>50671314
check Chainlink Two Weeks
>>50671422
simple, it's all lies and branded smoke

>> No.50671446

>>50671387
Does it surprise you to discover that they don't see the shut-ins who have contributed absolutely nothing except spammed nazi memes as desirable community members.

>> No.50671459

>>50671422
i am more and more starting to think this as well. worse they sold all the way up while missing the last bullrun in human history. hope they make this year good for us.

>> No.50671472

>>50671446
>chainlink marketing get traction on 4chan
>complain about the people who shitpost here
>nooo you can't just go and post nazi memes
Sounds like you want anon to begin a hole new wave of FUD idk maybe your twitter marines can help you more than anon can

>> No.50671488

>>50671472
>a hole new

>> No.50671494

>>50671048
until Q1 2023 50M Link are going to hit the exchanges
From Q3/4 2022 on 75M Link are going to be locked up for real
that is overall less circulating supply

>> No.50671496

>>50671488
exactly. a hole new village awaits you on twitter

>> No.50671531

>>50671494
>75m og LINK already in cold wallets since ICO is now "locked up" in one staking contract for eth/usd or whatever
>50 million new LINK will hit the open market
Why don't you just sell them direct to Nexo or Celsius?

>> No.50671590

>>50671003
Maybe for a bot kek

>> No.50671630

>>50671531
orderbooks are already tiny. There isnt much to sell to begin with.

>> No.50671958

>>50671180
> "staking this year"
> v0.0.1 beta testnet on the 31st december
Ah that's the "chainlink truth"

>> No.50671988

>>50670939
It’s common knowledge that 90% of LINK OG’s came from /pol/, and are thus unironic Nazis and extremely racist. This is evident when you look at the chats whenever Chainlink presents at conferences such as consensus or smartcon. It’s always N word this, N word that.

I personally don’t want to put my money into a project like that and keep that sort of company. Moreover, I question the intelligence of people who shill LINK given their backwards and racist political views.

>> No.50672139

>>50671958
testnet comes before mainnet you know the drill

>> No.50672384

>>50670939
how will the market react whn Eric Schmidt becomes the CEO of chainlink?

>> No.50672407

>>50672384
Deep inside you already know the answer...
> -3%

>> No.50672409

>>50672384
If they only hired the faggot as some kind of boomer celeb marketing gag, I am going to sell all my 50 link token

>> No.50672434

>>50672407
unless he brings along his friends with him

>> No.50672677

>>50671048
AKTHUALLY node operators are paid by the jobs they proceed but once staking goes live your rewards share will depend of your collateral at stake .

>> No.50672698

>>50672677
checked .
Game theory is if the other guy is growing his stack size hes also stealing a share of your rewards so the end game is everyones accumulating like madmen and eventually consummers will be consumming 0.5% of the links on the markets

>> No.50672827
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50672827

>>50671206
yeah i really wouldn't read much into this as it's in chainlinktoday (chainlink pravda)
it's just a single "journalist" taking information from talks etc and pumping out articles as quickly as possible
she of all people is going to have no idea when staking or ccip coming
still think it's going to be q3
particularly with jonny's tweet too

>> No.50672951

>>50672698
no one is growing their stack and there is no other guy
t. chainlink tokenomics expert

>> No.50672990

>>50672698
>checking your own post
Cringe. Also, you don't understand how running a node works. No one is getting "a share" of some other node's profits by having a higher amount staked.

>> No.50673100

>>50672990
Once staking goes live the amount of jobs youre able to perform will be determined by your staked amount . Thats the whole point of staking.

>> No.50673236

>>50673100
if steaking were to go live it would have already gone live but it hasn't because sir gay is a fat nasty slob

>> No.50673247

>>50673100
Source?

>> No.50673354
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50673354

>>50673247

>> No.50673803
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50673803

>>50673100
this is completely incorrect. this was an interpretation from a low iq youtube that has spread to new arrivals to r eddit. it's rather that having more link will allow a node to understake more jobs and higher value jobs, as the link is staked for the duration of a job
it's not a literal "you have more link so you get automatically chosen!!!!"
that is not at all how chainlink is architected... as anyone who has been here a while knows.

>> No.50673818

>>50673354
kek

>> No.50673923

>Chain.link is an oracle service, which purports to solve “The Oracle Problem”. Last I checked (2019), it established a “a platform for oracles to compete” – I joked that it was “as if SpaceX hired no engineers, but made ‘a platform for Reusable Rocket Companies to compete’, and then claimed to solve the problem of reusable rocketry”. Blockchain Oracles have an inherent “opportunity cost of honesty” which is akin to gravity in the SpaceX analogy (or, more precisely: escape velocity) – for the rocket to work, someone needs to generate a force stronger than the gravity; abstract “competition” won’t necessarily guarantee it. When the smart contracts control small $, the gravity is weak, and anyone with two working legs can make it into space by jumping (thus, the contracts are “secured via indifference”)– but when the $ grows, the gravity gets stronger. Moreover, chainlink seems to implicitly endorse two theories: [1] “more oracles = safer and diversified”, and [2] “we don’t need to look into it if everyone’s doing it”. Those errors contributed significantly to the 2008 financial crisis. Finally, chainlink oracles seem to be mostly used for frequent ‘price check-ins’ – as I wrote in Jan 2015 this overworks an oracle, for basically no reason (degrading its security). (8/27/2020)

>> No.50674002

>>50673803
At current ETH/USD rewards which is 20k per month . Having a 10k stack which is 0.01% of 75millions would net you 266.666 links per month .

>> No.50674005

>>50672384
It's got to be this. CEO disappeared from Sergey's title on the speakers page. It was "Founder & CEO" beforehand

Sergey slides into what role after? He's been shit for price so I honestly don't care if he slides into the Brin/Page role

>> No.50674490

>>50674005
>-3%

>> No.50674499

>>50670939
Ccip is not part of v.01 staking

>> No.50675603
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50675603

>>50674005
He hasn’t explicitly been referred to as the CEO for a while. Pic related is 2021. Just saying that it doesn’t raise as much eyebrows as I was initially hoping for.

>> No.50675652

>>50674005
>CEO disappeared from Sergey's title on the speakers page
the fat fuck ate it

>> No.50675680

>>50675603
Also I just don’t see Schmidt becoming the CEO. It seems like he’s last that point in his career. I think it’s more likely that we would get a proven executive from the Web 2.0 world to become CEO, even that doesn’t seem very likely to me. I think Sergey is here to stay (for better or for worse). It’s gonna be up to him to surround himself with the right people so that he can lead Chainlink on the right direction. So far I think they’ve done a pretty good job on recruiting talent at the executive level.

>> No.50676535

>>50675680
where will the project go in the next 5 to 10 years? Will they growth substantially and what do you think about the demand for the token in that time? Also is the project backed by the US since its their technology or will it be fought against by banks since its eating their market.

>> No.50676576

>>50670939
linkies like to larp SN = SN (sergey nazarov = satoshi nakamoto), but SN = RH (Richard Heart) is more accurate

>fat fuck founder using hodlers funds to buy mansions, pay for a roastie HR harem, be a fat fuck
>fat fuck founder using hodlers funds to buy designer sweat suits and man purses and be a fat fuck

>staking in two more weeks. trust the plan
>pulse chain in two more weeks. trust the plan

>> No.50676579
File: 7 KB, 250x237, 1659307749065749.jpg [View same] [iqdb] [saucenao] [google]
50676579

>>50671048
>most eligible for v0.1 are already in cold storage
This fucking cope.

You fudders are so fantastically creative about twisting literally everything Chainlink-related into a negative.
Imagine what you people could achieve if you people applied this creativity to something actually constructive. Link fudders could single-handedly cure cancer and baldness.

>> No.50676622

>>50671336
>>50671340
Yeah, this is retarded. The person who wrote the article probably just struggles to word it and would rather have previously written it were to occur after then get shit if she said it were to occur at the event when it didn't.

>> No.50676990

>>50676622
>would rather have previously written it were to occur after then get shit if she said it were to occur at the event when it didn't
wow

>> No.50677528

>>50676535
I can’t answer with any certainty on where Chainlink is gonna be 5-10 years from now. On paper it seems like they’re doing well, they seem positioned well for growth over the next several years. But who knows man, the last couple of years have proven that any of my “reasonable” expectations that I had in 2018 were dead wrong about Chainlink and the performance of the token has been extremely underwhelming. At this point I feel confident about this: I think Chainlink as an organization that develops the Chainlink core node and grows the ecosystem will continue to grow and do great numbers. However, I have no expectations for how this is going to impact the price of the token in a positive way.

>> No.50677629

>>50677528
>the ecosystem will continue to grow and do great numbers
>token price will be unaffected
Well folks, there you have it. Retard 2022 V1.00 has landed. You heard it here first

>> No.50677657
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50677657

>>50677528
There's literally only one reason why the network does so great, but the token price does so poorly.

>> No.50677694

>>50677629
Just shut the fuck up. I want the token to be $81k but things have been absolutely fucked since 2020. Yes yes, staking is coming. But deep down I still think it’s going to take some time for the market to actually give a shit. Narratives are the thing that really drives huge pumps in crypto, and until we have one around Chainlink specifically I just can’t see how we can rely on “fundamentals” to pump the price.
>>50677657
And yes, pic has been a huge reason why the last 2 years have been miserable for us.

>> No.50677698

>>50676579
Did you miss the memo regarding staking priorities? Are these "eligible" early adopters gonna immediately buy all the circulating supply to reach the 70million cap? Are you delusional or dumb?
>>50677629
>>50677657
Imagine coping and deflecting that hard when a reasonable albeit pessimistic opnion is stated.

>> No.50677706

>>50677698
The dude agreed with me.
Fuck is wrong with you.

>> No.50677756

>>50677698
>Are these "eligible" early adopters gonna immediately buy all the circulating supply to reach the 70million cap?
You're coping.

>> No.50677915

>>50677756
yeah keep double posting seething, coping, delusional cheerleader

>> No.50678738

>>50677915
You seem upset.

>> No.50678885

>>50670939
Honestly with chainlink just envisage your lowest expectation then halve it every time to approximate reality.

>> No.50679170

>>50670939
something something silent mode yawn 5 years token not needed wake me up when $1000 k thanks bye

>> No.50679222

>>50678885
40k eoy

>> No.50679448
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50679448

i want to buy 10k linkies
would you buy right now, in november or dca?
pls help

>> No.50679808

>>50679448
DCA. I think we will pump into smartcon. Post smartcon price is entirely dependent on what they announce but I think we’ll probably dump a bit.

>> No.50679901

>>50679808
thank you anon

>> No.50680618

>>50677756
nah the cope is all on your end. Two more weeks right?

"brooooo just get a time machine back to 2018 and buy the lowwwwwws"

Fuck off already. The price is going nowhere for another few years. Releasing the little baby version of staking isn't going to move price at all and you know it. Then we'll sit here like assholes waiting at LEAST another year before the full versions are released, while they dump millions of tokens on the market, making sure every mini pump is adequately suppressed.

Looking forward to seeing Gensler put Serg in prison.

>> No.50680867

>>50680618
Thx4blog

>> No.50681092

>>50679448
>her: just thinking about bbc makes me squirt. Tee hee

>> No.50681729

>>50681092
burger moment

>> No.50684016

>>50674002
Lol what

>> No.50686271

Perhaps now you'll learn to buy $CHAMP (the superior shitcoin)
Join us, anons. Join us and accept what you are holding. You can't keep it in the closet forever.

>> No.50686276
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50686276

>>50679448