If nobody solves the oracle problem than Ethereum is worthless, smart contracts are a meme and bitcoin and Monero will be the last ones standing.
If nobody solves the oracle problem than Ethereum is worthless...
What's the distribution of wallets like anyway? How many big stacks, institutional level, are there? How many of them have dumped? According to cmc, the volumes at about 110,000 link. And most of the volume months ago was bot trading. Why would any serious holder talk about this project now? Even ico holders waiting to dump would just wait till mainnet to hype this up. I mean mainnet is probably a max of one year away. What incentive is there for any holder to talk about this?
Also, no one talks about the Oracle problem at all. It's just brushed over with statements like "everyone will just build their own". Vitalik said it's not even worth 32m. But anyone into link knows how hard it is. How not doing it right almost forfeits any advantage of using blockchain in the first place. It's like this dirty secret, and acknowledging it is like acknowledging only private chains can be useful. But then why even use blockchain? Ignoring the Oracle problem is like admitting every thing but bitcoin is worthless. But when asked about about the Oracle problem Vitalik talks about Oraclize, augur and other shit projects. No influential figures talk about link. I feel like all linkies have to be either visionaries or retarded.
To be fair, you have to have a very high IQ to be a Chainlink investor. The hints are extremely subtle, and without a solid grasp of the banking system and fintech most of the hints will go over a typical newfags head. There’s also Sergey's optimistic outlook, which is deftly woven into his characterization- his personal philosophy draws heavily from Satoshi Nakamoto's literature, for instance. The Linkmarines understand this stuff; they have the intellectual capacity to truly appreciate the depths of this coin, to realize its not just brilliant- it can revolutionize the entire financial system. As a consequence people who dislike chainlink truly ARE idiots- of course they wouldn’t appreciate, for instance, the humor in sergey's existential catchphrase “ "This isn't an idea. This isn't a white paper. This isn't something on a whiteboard somewhere,"which itself is a cryptic reference to M2M transactions. I’m smirking right now just imagining one of those nolinker simpletons scratching their heads in confusion as the Chainlink development team's genius wit unfolds itself on their Binance trading screens. What fools... How I pity them.
Nobody is talking about or is that nobody believes it's possible to solve the oracle problem?
>I just think the oracle problem is interactable, I mean in the end you always end up have to trust somebody so why not just trust that centralized source to begin with? ~Jimmy Song
>Oracle problem is intractable
To be fair, you have to have a very high IQ to be a Chainlink investor. The hints are extremely subtle, and without a solid grasp of the banking system and fintech most of the hints will go over a typical newfags head. There’s also Sergey's optimistic outlook, which is deftly woven into his characterization- his personal philosophy draws heavily from Satoshi Nakamoto's literature, for instance. The Linkmarines understand this stuff; they have the intellectual capacity to truly appreciate the depths of this coin, to realize its not just brilliant- it can revolutionize the entire financial system. As a consequence people who dislike chainlink truly ARE idiots- of course they wouldn’t appreciate, for instance, the humor in sergey's existential catchphrase “ "This isn't an idea. This isn't a white paper. This isn't something on a whiteboard somewhere,"which itself is a cryptic reference to M2M transactions. I’m smirking right now just imagining one of those nolinker simpletons scratching their heads in confusion as the Chainlink development team's genius wit unfolds itself on their Binance trading screens. What fools... How I pity them.
Isn’t chainlink about having multiple nodes call 1 API endpoint and come to consensus about what that endpoint said?
You know that there are proofs like TLS notary proof where you can prove a website had a specific content. No decentralizion needed
>oracle problem is too hard
>not going to give enough shits to investigate this further
>Jimmy Song
Yes all of the world's largest financial institutions will want to send trillions of dollars on a centralized, easily hackable system. Where did your brains go?
So you propose the contract receive a tls notary proof to confirm they received the correct api data when the contract can’t independently verify real world data in the first place? Cute idea buck-o
>sending money through chainlink
Hahahhahahahahhahahha
This guy is woke
STOP IT
T
O
P
You fat cock sucking pieces of shit have no idea what you're talking about. This is a legit project, out of thousands of crypto projects this 1 and a handful of others actually looks good and should take off 1 day with good reason. You honestly think that devs of a $32mil project are concerned with keeping some social media addicted millennial morons up to date with the latest news from said projects? Because they are not. If you want to keep up to date, ask questions on the slack, follow the github, don't come to a Japanese anime board crying about lack of tweets.
You people think bin laden orchestrated 9/11, you probably think iraq had weapons of mass destruction, you think north korea and iran are threats to the west and you probably think we've been to the moon and we live on a fluke ball spinning around the sun at thousands of miles an hour and that the moon is just a lump of rock there by chance that only appears to be the same size as the sun, travelling similar routes, because it's exactly the right distance, by coincidence, and our ball earth tiliting at exactly the right angle, by coincidence, rotating at exactly the right speed, by coincidence that rhey just "appear" the same size, travelling the similar routes and the same speed because COINCIDENCE MUH BIG BANG ALL THE SCIENTISTS CAN'T BE WRONG. WELL YES THEY CAN. BECAUSE THEY ARE. AND ALL YOU FUCKING RETARDED PIECES OF SHIT CAN'T WRAP YOUR HEAD AROUND THE FACT THAT YOU, YOUR PARENTS, YOUR TEACHERS AT SCHOOL, REPORTERS ON THE NEWS AND ALL THE "TOP SCIENTISTS" HAVE BEEN LIED TO FROM FUCKING BIRTH. ABOUT EVERYTHING. INCLUDING THE VERY NATURE OF YOUR BEING AND THE VERY NATURE OF REALITY.
IT'S ALL A FUCKING LIE. CHAINLINK IS THE WAY OUT.
GET IN OR GET FUCKED
Hello oraclize your TLS notary is working just fine see yourself out
nice b8 m8
Can’t verify the data, but can verify that the website did serve this data using cryptography. Doesn’t chainlink nodes just all call an API, and come to consensus what the API said? They aren’t verifying if what the API said was “true” or not (whatever that means) just that when they called it everyone is reporting the same thing.
You can just use some easy cryptography to do the same thing here.
Read this ^^
TLSNotary is complete trash. Seriously. Look up the technology that the cryptographic "proof" relies on.
He's also proposing node operators go through extensive background checks and or some kind of "airport security" that node operators go through each time so then a company can hand pick exactly who they want because they know they can trust them.
What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my philosophy class, and I’ve been involved in numerous secret blockchain projects, and I have over 300 confirmed smart contract transactions cleared. I am trained in Javascript and I’m the top speaker in the entire cryptosphere. You are nothing to me but just another pajeet. I will wipe your wallet out with the precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of hackers around the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your portfolio. You’re fucking finished, kid. I can be anywhere, anytime, and I can destroy your networth in over seven hundred ways, and that’s just with my bare hands. Not only am I extensively trained in hacking, but I have access to the entire arsenal of the Enterprise Ethereum Alliance and I will use it to its full extent to wipe your miserable wallet off the face of the blockchain, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You’re fucking broke, kiddo.