/biz/ - Business & Finance

> a big selloff
> U U
U U

>>14769173
This. Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

>>14752608
>>14752573
Listen up newfags, I'm a tcp ip developer at a fortune 50 big data company with 25 years experience in database infosec, I've looked into chainlink and all I can tell you if that the cryptographic measures implemented in regards to the decentralized security paradigm in the API and IoT structure of chainlink's github code is fundamentally flawed after the Pivotal tracker server crashed due to the core attacks on the network enabled by its corrupt data inputs and outputs, what this really means is that by attempting to solve the oracle sybil resistance issue it instead allows customers to bypass the encrypted hardware and even hack into the smart contract Intel SGX mainframe, unless they manage to increase the signatures and scalable nodes, which isn't likely considering the Google backend isn't compatible with the legacy JSON systems and Solidity language from the EVM in the Truffle stacks, that's why the ic3 and SWIFT engineering teams developed the ISO 20220 standards but it's centralized and susceptible to the 51% front running program so yeah basically Sergey didn't foresee that the enterprise customers and cloud blockchain dapps would never allow their protocols to rely on these permissioned host mechanisms thus rendering the LINK ERC 677 token obsolete and no serious developer would consider DLT technology in these conditions, sorry linkies I'm just telling it how it is.

Watch this clip from about 1:11:00

[YouTube] Ethereum Enthusiasts NYC: SmartContracts.com and Oracles @ Thoughtworks (embed)

LINK gets BTFO'd in one question. It's unanswerable because it's a concept flaw. I can't imagine unironically holding thousands of USD worth of this shit. If you made money, congrats, sell off at least a major chunk as soon as you can to actualize profits. If you want to ride some out, fine, but you're very dumb not to cash out a chunk, at a minimum.

>>14683235
Sell now before you get even more REKT by Sergey selling his 650 million stash

>pic related

>>14672345
What happens when Sergey exist scams? Will I lose my money?

Listen up newfags, I'm a tcp ip developer at a fortune 50 big data company with 25 years experience in database infosec, I've looked into chainlink and all I can tell you if that the cryptographic measures implemented in regards to the decentralized security paradigm in the API and IoT structure of chainlink's github code is fundamentally flawed after the Pivotal tracker server crashed due to the core attacks on the network enabled by its corrupt data inputs and outputs, what this really means is that by attempting to solve the oracle sybil resistance issue it instead allows customers to bypass the encrypted hardware and even hack into the smart contract Intel SGX mainframe, unless they manage to increase the signatures and scalable nodes, which isn't likely considering the Google backend isn't compatible with the legacy JSON systems and Solidity language from the EVM in the Truffle stacks, that's why the ic3 and SWIFT engineering teams developed the ISO 20220 standards but it's centralized and susceptible to the 51% front running program so yeah basically Sergey didn't foresee that the enterprise customers and cloud blockchain dapps would never allow their protocols to rely on these permissioned host mechanisms thus rendering the LINK ERC 677 token obsolete and no serious developer would consider DLT technology in these conditions, sorry linkies I'm just telling it how it is.

ATTENTION ALL NEW FAGS

I'm a TCP/IP developer at a fortune 50 big data company with 25 years experience in database infosec, I've looked into chainlink and all I can tell you if that the cryptographic measures implemented in regards to the decentralized security paradigm in the API and IoT structure of chainlink's github code is fundamentally flawed after the Pivotal tracker server crashed due to the core attacks on the network enabled by its corrupt data inputs and outputs, what this really means is that by attempting to solve the oracle sybil resistance issue it instead allows customers to bypass the encrypted hardware and even hack into the smart contract Intel SGX mainframe, unless they manage to increase the signatures and scalable nodes, which isn't likely considering the Google backend isn't compatible with the legacy JSON systems and Solidity language from the EVM in the Truffle stacks, that's why the ic3 and SWIFT engineering teams developed the ISO 20220 standards but it's centralized and susceptible to the 51% front running program so yeah basically Sergey didn't foresee that the enterprise customers and cloud blockchain dapps would never allow their protocols to rely on these permissioned host mechanisms thus rendering the LINK ERC 677 token obsolete and no serious developer would consider DLT technology in these conditions, sorry linkies I'm just telling it how it is.

Is /ourjeet/ racist? Skip to 3:12

https://youtu.be/sA7CNXNbOV4

>>14489288

>>14456786
this

>>14454423
Reminder

>>14428471
6

https://www.swift.com/our-solutions/swift-gpi
I suggest you all to go thru the docs.
They don't use external 3rd party oracles.

~ Swift is making their own system.
~ At this stage, its a hyped up JSON parser.
~ There are many oracle competitors in this field now
~ If you were a firm that needed oracles, would you choose one with the highest fee? (since fees are based on marketcap price)..

SWIFT announces it’s going all-in on blockchain and open finance
https://www.reddit.com/r/CryptoCurrency/comments/c3n4fh/swift_announces_its_going_allin_on_blockchain_and/

It's over for Chainlink

>>14181863
i actually fell for the link filter threads and filtered all link threads and even fell even more for some guy shilling AE to me and pic related. good thing i got my bag before the google pump.

>>14093679
Imagine something where devs control 65% of the supply

>>14093647
>>14093637
>>14093613
cont.

Theoretically they will "hack metcalfe's law" to build up their network base by creating an on ramp to connect to legacy data feeds and port over existing accounts, while making them accessible under one multipass. It's a long time coming as I believe development began all the way back in 2002, well before anyone in the mainstream had heard of cryptography and cryptocurrencies. All you need to do is buy a planet with ETH on opensea.io (planets have two names like ~ticsun-folryn). You should not have to pay more than like 5-15 bucks for a planet, anything more than that is a scam. Once you have a planet in your wallet with some eth you can follow instructions here: https://urbit.org/docs/getting-started/.. You may also be able to request a testnet ship if you do not want to buy a planet.

Guys it's over. We thought chainlink was a concept that aspired to be a legitimate service, but it turned out to be a scam just like every other crypto. I've been holding for a while too. Chainlink isn't any better than Monaco. It's time to remove our delusional moonglasses and acknowledge that it's over. We were wrong. For once in your life accept that you were wrong. The sooner you accept the quicker you'll recover from this scammy Russian coin.

>>14033273
Nice photoshop

>>14022379
What's stopping them from exit scamming or changing the supply? Also why not get paid in ETH or something else instead of a LINK token for the network.

ETH 2.0 makes LINK obsolete

screencap this

What's the current consensus on "70% of link being held by the team" FUD?
Thought that mainnet would coincide with information on this matter, which was obviously not the case.

Now that LINK is a proven scam, why don't you retards jump onto the real coin: BSV.

Fundamentally speaking, what are the odds that Sergey exit scams like he did with his previous project, NXT?