Now that some of the enthusiasm for Chainlink is starting to die down...

Now that some of the enthusiasm for Chainlink is starting to die down, and Jow Forums in general is beginning to accept some of the correct things "fudders" have been trying to tell you with regards to chainlink and kaleido, I wanted to share another thing I think Jow Forums is now ready to hear, which I suspect is news to some of you.

Read the image and let that sink in. A lot of the examples of chainlink uses that get thrown around are dumb. Chainlink's real use is limited to the few occasions when you truly need trustlessness, otherwise you can just go right back to the complaints department with your receipt (i.e., check the historical data of whatever the oracle was supposed to be returning) and get a refund. Chainlink still has a LOT of use cases, but some of the examples here are just not realistic at all.

Don't trust me, trust the developers involved in Axa's Fizzy. Posting the thread for further reference. Please ask any questions as necessary.

reddit.com/r/ethereum/comments/8rxtcu/fizzyaxa_smart_contract_finally_shared_with_the/

Attached: AXAFIZZY.png (836x465, 60K)

Listen I genuinely care about about Anons financial well being. Its hard as shit to get ahead in life now, not just working 9-5 for the rest of your life. The sooner you start saving the sooner you can get ahead in life.

Chainlink is a meme started by Jow Forums (an infamous trolling board) to lead people to financial ruin. This is NOT A JOKE. Don't let your saved wealth be thrown away over night.

Vitalik Buterin the creator of ethereum said himself the days of making x100 or x1000 are over, that right the guy who created the second most popular crypto said himself those days are over.

Now Jow Forums is trying to get people to lose even more money after the December/January bloodbath. Smart money already exited the crypto world. Crypto is basically a highly specialized database, companies don't need this. They will just create their own private blockchains. There is no need for crypto chainlink isn't even needed to run the nodes. Think XRP when you think chainlink. The company ripple (smartcontracts) is doing well but the coin XRP(chainlink) isn't even needed for the companies technology.

Considering what Vitalik said "The days of making x100 or x1000 returns are over." Chainlink needs a 399900% increase in price over the next couple of months to reach $1000 this is ludicrous. Don't fall for it, chainlink its a meme to fuck you over.

Consider this for chainlink at current price to reach $1 you need an increase of 700% or a 233% increase every month until EOY.

This is a Jow Forums meme to siphon money out of the hands of the already vulnerable.

Ouch.

>why would we do something with an automated self executing system for a couple cents when we can pay a human to do it and potentially fuck it up

That dev is a brainlet is the simple explanation

You use a chat room with avatar pictures where everyone is a namefag. Do you ever think about that?

I actually don't use discord for that reason but I do monitor it. I expect them to post this thread there soon though and come up with some stupid reason why this is "fud." They're largely as dumb as Jow Forums but the pictures give them some air of authority that makes them think they're smarter than they are.

No one here is falling for this shit tier fud.

Back to discord you pajeet

people just don't understand how pointless chainlink's network is.

if chainlink's concept (putting data from apis onto ethereum) became popular, apis would simply start signing their own api calls to prove they came directly from the site, similarly to how bip-70 prevents mitm attacks on addresses for merchants.

when you do that, you can actually validate the api data directly on ethereum isself. you can simply post the data you got from the api onto ethereum via a dapp function call, and the contract checks that the signature matches the public signature that was trusted by the contract, in the same way chainlink pulls data from the api url or urls that was trusted by the dapp developer.

businesses dont want to use an unnecessarily middleman service when they would want to directly trust the apis they were using, via signatures. and if this is a popular method used for oracles, as chainlink proponents seem to think it is, the apis themselves will absolutely get on board and start providing directly signed data themselves, which they would want to, to prevent tampering of their own api data.

You use a chat room with avatar pictures where everyone is a namefag. Do you ever think about that?

chainlink npc error