"We make Open Source software.... and we think we make it so well that it's likely become a standard. So... thats our approach"
These were the words what our Sergey said during this panel. So now coinbase is considering to add Link. The dude in the left in this pic is Ron Bernstein, General Manager at Coinbase.
This is the actual quote: >We make Open Source software.... and we think we make it so well that enterprises will use it on private networks which do not need the token
Careful on this one. Crypto incentives in Chainlink are a legitimate concern. I saw Ari Juels speak at a conference recently where he mentioned tokens and asked him about the token economics of a node staking system like the Chainlink network is planning to use. The problem is that node operator incentives are fuzzy at best and not even figured out fully by the team (see the gitter for Steve stuttering about this). When I brought it up to Ari Juels, I told him that in the way the network is expected to be used, the fees payable to node operators would actually decline as requests become more ubiquitous because as the network grows it becomes cheaper to use. This makes sense if you took a few advanced cryptoeconomics courses. Ari admitted that it was a great question but that they were "actively pursuing research in that area." I sold my LINK immediately after that and saw a significant dump on the binance charts. It's pretty clear these guys are pulling you along making you think they're doing something revolutionary when the incentives aren't even fully determined yet.
Jackson Evans
i will fukcking fiht you coward
Juan Sanchez
Anyone who is so normie that they buy crypto through coinbase is probably too retarded to run a node anyway. I don't see why LINK tokens really need to be sold on Coinbase or why anyone would care.
Ryan Sullivan
Every start up is like that dumb ass...it's literally a boom or bust.
If they pull it off they'll be the next google or amazon of our time...
investing a few thousand dollars in this for a potential at life changing money is a no brainer...
Get the fuck off my board.
Easton Watson
Screencap this for next year around this time. I'll either be living in a cardboard box or driving a fucking lambo.