One of the last concerns I had about the CL project was the transferring of Link after each data request and the attendant network congestion as the Link token itself needs ETH/gas to be moved from one asset holder to another.
From Thomas Hodges today in the telegram:
"- Requesters will need to use LINK in order to create and fund their requests for external data - Node operators will use LINK to provide as a penalty deposit - Node operators are paid in LINK, funded by the requester for fulfilling data requests
Finally, all transferring of balances once the request is made occurs within the oracle contract. The oracle contract keeps the balanace of all nodes deposits, requesters funded amounts, penalty deposits etc. When requests are fulfilled, instead of doing a token transfer each time, balances are updated within the contract and made available for withdrawl."
So basically only have to interact with ETH when withdrawing your sum total of a time period's worth of payments or initially funding. Which puts to rest the last issue I had in my due diligence on LINK.
Is this real boys? We're just gonna sit here for the next 12 months circlejerking and shitposting while we get rich? What a time to be alive.
Definitely not as important of information as the recent openlaw stuff, but still interesting to those who are digging deep.
For me that's it- I've spent 6 months trying to poke a hole in this thing and can't. Maybe there are smarter anons here who can, but I yield.
CL 1K EOY
Angel Ramirez
Thank you for sharing!
Jack Perry
So, what do you think are the chances of us making it?
Jace Turner
You’ve already made it user. You just have to be patient
Luis Diaz
>Is this real boys? We're just gonna sit here for the next 12 months circlejerking and shitposting while we get rich? What a time to be alive. It is indeed. We were always going to make it brother.
Matthew Collins
My general estimation is anything early stage is 50/50 because of unforeseeable externalities and goes down for each potential flaw. Since I started looking at CL I can't find any killers (last one was OP) and the team has exceeded development milestones always underpromising and overdelivering.
I dunno, 75%? Only thing I think people are at risk of is the normal human failures: everyone thinks that residual sell pressure and real life aren't things in their investment. There are guys eating oatmeal to buy LINK. Those guys will sell at $5 or $10 (and rightly so). Biggest hurdle to making it is probably the investors own impatience at this point.
Lucas Anderson
i rather live under a bridge for 5 years before i sell under 100$
Aiden Gonzalez
I believe one should keep doing research to acquire knowledge in order to gain the confidence needed for patience. Doubtfulness is what brought you here in the first place, but don't let it live where it shouldn't. Channel your anxiousness towards something positive. -Ra
