The only reasonable chainlink fud is realizing that it will have TOO MUCH usage and eth won't be able to deal with all...

What's a LINK token being ERC 677 and so relies on Ethereum to not shit itself when it does a transfer and call?

when will you fuck off already

don't worry they don't understand anything but buzzwords and buzzphrases.They haven't programmed shit in their lives.

lol, off chain computation is where it;s at now. did you not watch sergay's presentation?

No, he's right. Every transaction passes through the ETH network, which shit it's bed with a cat website, how can you ever think that SWIFT will be using this crap? They won't. If ETH doesn't work tomorrow, you're link tokens are useless.

>what is private ETH clones

ETH isnt making oracles because they're too busy creating a scalling solution for the largest smart contract network available

also, most of CL computation is done off chain to not overload ETH and for it to be cheaper

haven't you been paying atention?

Well, never too late to learn:
github.com/ethereum/EIPs/issues/677

I would first look into how the cat game work thru eth and than compare it to how link works thru ether...and than come back to this thread and announce how many single digit IQ points you have lmfao

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>insulting is my only defence in every thread
Pathetic display

doesn't change the fact transactions still have to take place on eth...

Why doesn't anyone bring up the Intel SGX vulnerabilities (Spectre, Meltdown, Foreshadow)?

This was addressed months ago when Thomas answered this exact concern in the telegram
The link transfers for individual assignments will be done in contract and will not need to interact with ETH/gas
To deposit to start/stake in a node or to withdraw accumulated LINK from having run a node will require an on chain command

This is why Enigma is better.

says the person who is wrong
ETH only got congested last year because of cryptokitties that each tx was 6 figures worth of gas like 100-200k if i remember
normal transfers of tokens cost like 25k

This

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the whole crypto kitties thing was pretty unbelivable
still the largest dapp if im not mistaken

>eth won't be able to deal
Good thing chainlink isn't restricted to just ETH. There you go. No more FUD.

You don't think SWIFT using LINK tokens for even 1% of its data would congest Ethereum?

Because they’re solved

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If ETH is gone tomorrow. LINK doesn't exist. There you go, your point proven wrong.

>thinks SWIFT will not crash it
kek

these are the people holding link. the people who don't understand the congestion causes higher gas prices and not the other way around. just true reverse geniuses.

No one is saying that. You're saying that. We're talking about the LINK ERC 677 token relying on Ethereum for functionality. Check out

why tf would swift move payment processing onchain rather than just allow companies who work on blockchain to use their bank transfers

Well those are most likely newfag linklets. Us who got in in 2017 know Ethereum needs to scale before LINK is really worth anything.

that's great FUD if you're dealing with retards that can't google

the thing was fixed in the same day it was discovered
never really was an issue

it's more of a conceptual problem than a real problem

If it’s a problem it will go through the Accenture Interopbility node, or use

ledgerinsights.com/accentures-enterprise-blockchain-interoperability/

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seems Linkies don't even understand basics of tokens

>swift move payment processing onchain
Again. No one is saying this. Why are you arguing with yourself? We are talking about SWIFT using LINK ERC 677 tokens.

who could've guessed?

this guy thinks blockchains can just "disappear", how dumb are you people?

It's an example, contracts can be frozen on ETH

>npc.emotionalResponse()
ETH can lose support and lose its hashrate, welcome to crypto.

No chainlink FUD is reasonable

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>once you post something to the internet it’s there forever

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If Vitalik is tired of LINK he can just cancel the whole thing

you're on about using link tokens to facilitate 1% of its data
to begin with, what the fuck does that even mean? theyd use the token to pay nodes to trigger a bank transfer
as I said above, they have 0 fucking reason to use blockchain themselves when they have their new gpi system which is actually good
all theyd look to do is let other businesses use their gpi to trigger bank transfers from contracts
ffs

ITS OVER

news.cnn.com/2018/10/24/tech/russian-spy-caught-in-the-biggest-crypto-fraud/index.html

>band-aid solution

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yeah so can fucking bitcoin and its the 10th anniversary of it soon and it still is a big steaming pile of shit but that has more hashrate than ever

WTF I CLICKED THIS NOW ALL MY 0 LINK IS GONE

doesn't change the fact that if ETH is gone LINK is gone.

Ok. You're either trolling or you really don't understand the point of Chainlink, haha.

This doesn't address the LINK ERC 677 token. This addresses Ethereum, etc, off-chain interoperability which is a whooole other thing.

lol no, bet youre the same faggot wholl jump in another thread and claim how great link is cause it supports every chain on the planet
dont contradict yourself, cause you and i both know that isnt true
go for a walk, you're loosing it. cant believe you people think that swift will move their cross border settlements onto eth for no reason whatsoever and pay through their arse holes to do it when theyve spent billions on a new gpi system that does the SAME FUCKING THING
they will use chainlink so other people can use their systems from onchain.... simple

What are you even talking about? No i'm not. Give your arguments on the matter. How are you going to move your tokens if ETH is gone, please enlighten me

if eth died a horrific death by loosing miner support and got 51% attacked to death, you can simply fork your own eth and restore the token or create a token transfer process like other chains do when they move from erc20 to their own

>cant believe you people think that swift will use chainlink
>they will use chainlink
Are you high? You're contradicting yourself in the same paragraph now. Yikes!

fucking lefties twisting what i say to fit their own agenda and throwing shitty statements out their with the aim to offend and dont give any rebuttal
typical

>everybody forks
>there are 157425 chains now
>i'll just sell my tokens from chain #51981 on binance

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>simply fork your own eth and restore the token
Yeah ok. You must be trolling. I don't believe anyone with the capability to post on Jow Forums let alone find Chainlink can actually be this braindead.

oh look another lefty npc

>simply fork your own eth
the absolute state of stinkies

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Not being able to pick up on obvious social cues is a sign of autism

Hyperledger and corda won't drag on ethereum so that's some good news at least. The risk if rapid adoption is real!

That is a dope-ass id

you should google about ETC

So is this what we're doing now? They can't fud Link so now they're resorting to fudding Eth to fud Link. Kek

this is really stupid

What exactly is incorrect about what he said? You know Ethereum is open source and anyone can create their own fork, right?

Which would be worth 0$ at that point.

We're basically making fun of you guys

>he thinks the value of ethereum is in the code

a token for something that doesnt rely on eth is worth zero when moved from it because the chain it was on got attacked, so stupid
if anons give me a ridiculous situation to try their best to fud the unfuddable then expect an answer to fix that problem which is also out there
you people need to go back to twitter and support trans people with your word games

ahhh what website do i go to to set up my wallet and invest quickly??? thank you in advance

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>hundreds of threads
>everyday new discoveries
>major partnerships
>unfuddable
>hours and hours spend on research
and holochain is valued more

Honestly, you guys are retarded

You're talking about the value of the Ethereum fork not the value of the LINK token. The fork would not suddenly be an ETH competitor dipshits it would be essentially a private Ethereum chain with only the LINK token on it. Chainlink would function exactly as before but without congestion from all the other public ETH dapps. Are you guys fucking with me or are you this retarded?

>private Ethereum chain with only the LINK token on it

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>If ETH is gone tomorrow. LINK doesn't exist. There you go, your point proven wrong.
No. You forget LINK already supports BTC and hyperledger, so they would just move the tokens to another chain and LINK would go on. How dumb can you be?

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I mean this is gotta be the stupidest statement I have read yet.

"so if ETH is gone"

Why not just say "so if BTC is gone" or how about "if Zombies took over tomorrow" or if "the sun went dark and we had no electricity"

saying "if ETH is gone" is basically giving yourself a fairy tale excuse not to invest. Its lame.

Isn't that why they're working on Polkadot?

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Private Ethereum chain? What? There’s no good reason to fork the Ethereum code and make it private except to practice developing in the Blockchain world. It’s too expensive to run your own nodes which are intended as part of a public network. You must be thinking of sharding, with only link occupying a single shard

>You must be thinking of sharding, with only link occupying a single shard
So Ethereum scaling. Which is the topic of this thread, lmao.

people trying to make themselves feel better for being nolinkers

>delusional stinky linkies ignoring their single usecase will be consumed by iota's qubic

Inb4 qubic wont happen, it's just as pie in the sky as link is. If both are at 100% functionality, there's no purpose for link to exist.

Yeah, Ethereum scaling. It’s a big fuckin problem for link to be successful, especially since they’re starting with on chain aggragation as well as order matching and .. reputation? I don’t know how they’re handling reputation honestly, but our shit is fucked if Ethereum can’t scale. I guess the only solution is shift focus to hyper ledger and rebuild for that platform in the event Ethereum sucks long term.

astro the pedo lover every1

this and swift is planning on using hyperledger

>Nn00yfuG
>oxygen-deprived wojak pink
i'm not gonna make it

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>Nn00yfuG
>oxygen-deprived wojak pink
i'm still gonna make it i know it yesterday's behind me haha

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Does Link ever plan to build on top of Holochain? Seems like it’d be the best move given that Eth can’t scale and sharting will never come from the boogie eater

It does, if it works. Assuming you run a transaction on accord or whatever Blockchain, your link credits spent will get processed to the node and probably wait in limbo and update the chain later. That’s what interoperability is.

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He’s right though.

Yes, I know. Try telling that to the people who don't think so and be amazed by their idiotic replies.

You can only put off calling Ethereum so much and, honestly, at this point you're arguing for things more speculative than even Ethereum scaling solutions.

ah yes so chainlink devs fork to their own version of eth but who would then secure the network? all the hash power is gone, Miners fighting over which fork is the real fork
link would still be dead...

So your telling me that Chainlink will bring forth the 4th industrial revolution and it will be so huge that Ethereum will have problems scaling do to too many smartcontracts... because Chainlink makes it so?

Dont be a fool. buy LINK if this is the case.

Lol

It’s not speculative. And your straw manning. Nice try.

Oh fugg :D

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NOOOOOOOOOOO FUUUUCK

>It’s not speculative
Ok, aside from their pretty white and purple flowery pamphlet, do you have any resources to show it's anything more than just a concept right now?