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

/biz/ - Business & Finance

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53355193 No.53355193 [Reply] [Original]

Main takeaways from Sergey's latest article:
>To minimize friction in collecting fees, payments can be made in LINK, or in certain cases, in other assets, including native tokens.
So LINK is not the only token used for payment.

>Payments in other assets can then be converted into LINK.
Emphasis on "can be" and not "will be" (converted into LINK tokens).

>CCIP will have a phased launch process extending into 2023, including a series of ongoing quality assurance procedures such as penetration testing, soak testing, and multiple internal and external audits.
No full CCIP release this year (think v0.1 this year, v0.2 the next...etc). How are we feeling, marines?

>> No.53355196
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53355196

>>53355193
The cucks of crypto

>> No.53355209
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53355209

>>53355193
>Main takeaways from Sergey's latest article:

>> No.53355212
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53355212

>>53355193
>fucking simeon F ID
truly blessed by the return of kek. auspicious IDs and digits are more of a sure sign than candles.

>> No.53355216

>>53355193
>Emphasis on "can be" and not "will be" (converted into LINK tokens).
will it be automated or node can choose?

>> No.53355236

>>53355193
>So LINK is not the only token used for payment.
in other words it is not needed. i always said that in the end they will allow to pay in the native token of the blockchains they serve, nothing else makes sense. so now LINK is just some useless alternative to a much more liquid native token like ETH.

>> No.53355249

Fuck it I'm done. I'm going to convert all my Link into ICP

>> No.53355256

so if you dont pay in LINK you pay a higher fee so that defi protocols can automatically trade shitcoin X for LINK pretty based

>> No.53355271

>>53355256
imagine the fucking volume at global scale. DEXes will be running hot literally just keeping the Chainlink network going.

>> No.53355280

meh, just figured it out, this is a subtle fud thread. Fuck u niggers

>> No.53355285

>>53355271
yeah if they could sell product to users and if those protocols could find people to use their services the virtuous cycle could start big if. if they can't find people to use product maybe they would just shill the token like every other crypto scam

>> No.53355288

>>53355212
Imagine being so obsessed.

>>53355216
Nodes can choose, and they will most likely choose native tokens.

>>53355256
This is the latest cope, huh? ETH, DOT, and others will be used instead of LINK. And you're basically just hoping at this point that the higher fee will be urge users to use LINK. It will not.

>> No.53355291

>>53355256

>if you dont pay in LINK you pay a higher fee

Where is this said in the article?

>> No.53355298

>>53355285
Literally every single organisation on the planet that does anything to do with the transfer or representation of value, or the valuable exchange of information, will use Chainlink by necessity.
Literally every single one. There is no question except "how fast" and the only answer to that is to wait and see.

>> No.53355305

>>53355280
Point to one untruthful thing in this thread. I will wait. Remember that stating facts is not FUD.

>> No.53355307

>>53355256
lol dont bother debunking their concern troll threads anon, just let them die
its just the same 4-5 subhuman failures replying to each other all day every day and the board knows it now

all fields

>> No.53355310

>>53355298
And they won't use link for it. Cool for Chainlink, not so much for retail that funded it

>> No.53355327

>>53355291
>>53355288
>To minimize friction in collecting fees, payments can be made in LINK, or in certain cases, in other assets, including native tokens, at a higher rate compared to LINK payments.
>at a higher rate compared to LINK payments.
>in other assets, including native tokens, at a higher rate compared to LINK payments
>higher rate
>compared to LINK
>payments
>>53355298
guess we'll just wait and see

>> No.53355336

>>53355310
Chainlink will be between $300,000 and $650,000 per LINK with ~20-30 million liquid on the open market at any time.

>> No.53355342
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53355342

>>53355310
retail did fund it not VC scammers unlike every other scam in this space. must make you seeth retail were early for a change HAHAHAHHAHAHAAHAHA

>> No.53355346

>>53355336
So you’re saying linker could sell their make it stack and cause a 99% drop in price?

>> No.53355349

>>53355342
it's wild how much they hate retail winning even once. they can't handle it even happening once.

>> No.53355359

>>53355346
At that point LINKers will be far past the point of ever selling. The LINK will auto-generate such massive returns in USDC we will be able to set up automated loans and buy anything up to $100 mil without even having to interact with another human.

>> No.53355390
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53355390

>>53355359
>without even having to interact with another human
man can dream. a man can dream >>53355349
that's the best part. they funded thousands of scams but missed out on LINK and when anons were celebrating gains on /biz/ they raged kek

>> No.53355803

>>53355288
I follow the development of this token that I don't hold closely and post about it on a daily basis like you too.