What exactly is Chainlink?
What exactly is Chainlink?
Isaiah Sanchez
Camden Rodriguez
a scam
Tyler Powell
a meme
Joseph Ortiz
sir it solves the oracle problem sir
Xavier Martin
Fencing usually used on yards where a pet needs to be kept safe from the crazy neighbors.
Jaxon Hall
The best investment ever
Samuel Jenkins
Bridging software that will connect the web of today with the web of tomorrow and bring about the fourth industrial revolution.
Jaxson Diaz
take the time to read this, and i think you will fomo in u'll fully understand what link is all about
blog.goodaudience.com
Christopher Thompson
okay, so this is a cool new tech
but it's still contingent on governments creating the legal framework and regulators writing laws to government smart contracts to ~really~ take off
so investing in linkies is basically speculating on popular adoption of this tech?
did i get this right?
Henry Flores
a json parser
Jaxon Long
crypto is not going away user. smart contracts are and will be a MAJOR part of that, perhaps themajor part
Samuel Price
no, you didnt read the blog I sent you.
link is what is needed for smart contracts to fetch daata from the internet.
without link, smart contracts are locked in closed systems and are not very useful, this has nothing to do with governments, or adoption, this is simply the natural missing step to the blockchain tech
Jordan Carter
An exit scam waiting to happen
Lucas Rodriguez
but linkies is an intermediary that piggie backs on proliferation of crypto no?
why would crypto get big when western banks are stable for the most part?
whats in it for the end users? moreover why would western goberments go with it?
Benjamin Price
ok you're cought rand handed, stop trying to FUD man you probably sold and wanna create like a discussion and try to subtly fud link, dude I have been holding since 2017, trying to help here, don't make me waste my time.
Cameron Johnson
i'm fucking battle tested, read tons and tons of fud and fud larpers for a whole fucking 1.2 year, so let me give you an advice, the only viable FUD that is left and hasnt been debunked is sergey is fat
David Carter
i just got here and am trying to understand the hype okay
calm down user you sound super paranoid
Caleb Diaz
you didnt even read the fucking blog i gave you, thats like a minimum 15 minutes read, and you fucking replied like few minutes after with a response that was completely off target.
you def didnt read the blog.
so I highly suggest if your not a larper to stop fucking not making any effort and ust ask for spon feeding. back in 2017 we only had the whitepaper.
Kayden Wood
are you too stupid to fucking read and figure out why the fuck Chainlink has the potential to transform business at the DNA-level?
I only spoonfeed my fucking son and pretty soon I will tell that little son of a bitch it's time to man-up.
Ayden Miller
What if you don't need very much decentralization or collateral to ensure high fidelity of reported data? Therr is no way to find out until the network comes out faggot.
Jacob Phillips
KEK
Owen Hernandez
lmao
yeah yeah the cost saving is too big to ignore
will it bring about the 4D industrial revolution? #doubt
Gabriel Miller
watch the video in this tweet
twitter.com
Adam Perez
thing is i still don't see the middleman going away anytime soon.
why assume the end to end users are good actors?
imagine if you okayed a transaction, like you bought a pokeman card and it turned out to be a fake, there's no recourse because none of these transactions are protected by a legal framework & laws.
with the middleman at least you could sue. or they sue on your behalf. there is a possibility of recourse.
so even if the 3 layers exist, there would still need the 4th layer of legitimate legal protection in order to solidify consumer confidence.
am i wrong in this? or did i miss something important?
i suppose the penalty/collateral costs are there, but that shit don't matter once you okayed the transaction?
Cooper Bennett
well thats the whole point of collaterals, I dont think we will completely remove human interaction, even though with AI you could solve that kind of issue? tom gonser hinted at smart contracts becoming more and more intelligent or smart in the future, but thats not what chainlink is all about. chainlink is just the protocol that smart contracts will use to retrieve data or to do computation. the relevance of smart contracts on the legal matter is a completely different subjject. and actually there was a panel I invite you to watch, called are we getting rid of lawyers.
Christopher Ramirez
Listen nigger read the material yourself. No one is going to fucking spoonfeed you shit you clearly cant be bothered to research.
Cameron Bell
alsp I highly suggest you read this
aru juels gives actual examples explaining how it works
blog.chain.link
Tyler Hall
worthless shit
Zachary Taylor
i'll take a look, thanks
see pic, it's u
Joshua Watson
>Ill take a look
you wont.
Brandon Baker
cheked, this makes me sad i feel like im wasting my time
Camden Phillips
o u guis
Eli Thompson
cool gappy to help :) some anons here are dicks, but im ready to hellp truly interested anons, BTW i didnt have all that when I fomoed back in 2017
just reading the whitepaper i sold all my shitcoins even my mining rig to go all in link
Jason Morris
Let's say I wrote a smart contract for buying söy futures, or a gambling smart contract that pays out depending on the outcome of an event like a presidential election or a UFC fight. Smart contracts are open source, so the website/server/data source I will be depending on to settle the smart contract will be public knowledge. If someone wanted to game said smart contract, all they would have to do is hack/manipulate the source of information I am using. This isn't a huge problem now but when smart contracts become more commonplace the gaming of real world information will become a much more attractive way to cheat smart contracts. The solution to this is the chainlink blockchain, which creates a decentralized consensus about real world events that cannot be gamed and smart contracts can rely on to give them reliable information. Since this is a solution to a problem that doesn't really exist yet, there is no guarantee that chainlink will be a successful project down the line, considering that it could be replaced by a more successful network or be ruled entirely obsolete by a dApp or some other oracle problem fix. However, chainlink has one of the most active github repositories I have ever seen and really has the number of contributions that you would see in a top 20 or top 10 project. Plus, chainlink has the advantage of being a Jow Forums meme, guaranteeing that it becomes a cultural staple and that newfags will be continually exposed to it. If it is still around in a few years I could see it realistically being in the top 5.
Thomas Butler
nice try faggot shit tier FUD
Camden Nelson
try reading the post next time
Jonathan Thompson
hey thanks for helping out user
it's good to be aware
Gabriel Ortiz
You just gave one of the best, least unbiased rundowns I've ever seen. Good god everyone should read this.
Michael Miller
I read it all and its complete garbage written by someone who doesnt know jack shit about chainlink and the pasta is filled with memes
>chainlink blockchain (TOP KEK)
>all they would have to do is hack/manipulate the source of information I am using (YAWWWNNNNNNN BORING oracles use multiple sources)
>a problem that doesn't really exist yet (KEK)
>it could be replaced by a more successful network or be ruled entirely obsolete by a dApp(clearly doesnt understand what chainlink is)
Luke Russell
...
Easton Nelson
It's very inaccurate, not a great rundown. Wasn't going to say anything until you started gumming off about it.
Evan Wright
checked, also I think after you read saw and understood all that you wwill b able to see through the FUD and understand they are just poorfags trying to accumulate more links before the singularity. most dont have enough cash to buy a healthy stack also they dont wanna be priced out. so they try tomake newfags like you either dont buy, sell or participate in their FUD compaigns
Joshua Fisher
I thought it was a really good overarching description. Great if brainlet like me.
Samuel Bennett
Um, you should reread his post. It’s not fud, what he’s saying is a bullish case for chainlink. The “‘‘this is a solution to s problem that doesn’t exist yet” is an interesting thought, that the real use case of chainlink is to decentralize the data source. Although I have to disagree on that because it would solve a RIGHT NOW problem, at least, of securing the oracle. I think he’s envisioning a wider network of competing data providers in the future. Until then, we will have limited ability to decentralize data sources
Christopher Richardson
A ERC 20 token that solve a problem that doesn't exist.
Andrew Smith
dude youre actually making me laugh, I red your whole post imagining you as a retarded apustaja with a high pitch voice.
Henry Gomez
I know its sarcasm, but yeah because smart contracts can access data utside of blockchain
Mason Wright
I read all of your posts like you are Billy Eichner, not even shitting you
Asher Thomas
im actually diliberatly bumping this thread so newfags can get the info, and swingers like you get BTFO
im doing all this and wasting my time just so swinglinkers fucking die inside, I know you guys are fucking pissed some user spoon feeds newfags it literally fills me with joy to fucking make you pissed I fucking hope and wish you get burned and lose your linkies
Jacob Jenkins
You're on drugs right?
Leo Carter
his post was do retarded...but yeah im drunk right now
Mason Cooper
Laws are literally already being drafted.
Dominic Wright
>CARE ABOUT THE THINGS I HAVE TO SAY
t. (you)
Julian Rodriguez
I dont dude, Im telling you i'm just doing fancy bumps, thanls for the help
Leo Parker
rusky philosopher + pajeet = scam
Jayden Hill
ETH is already doing what Link is trying to do. I have few link in case it moons I'll trade it for ETH.
Aiden Price
Look man. See all these other flashy coins and shit trying to “start their own blockchain” or ecosystem whatever the fuck you want to call it. You’d think they could communicate with each other right? They can’t. Imagine each blockchain as it’s own island, and chainlink is the bridge.
Cooper Robinson
what the fuck
Hudson Taylor
Why not just make trillion shitcoins of the same kind so it's enough for every human bean to use, instead of making a bunch of the different ones.
Kayden Powell
fuck crypto right
Jacob Wright
literally this
Leo Gray
Salvation for us all.
Colton Price
checked
checked
checked
checked
checked
checked
checked
checked
checkd
checked
op i dont know what chainlink is but it makes me feel good so . i hold tens thousands of it
Joshua Taylor
absolutely based
Mason Parker
After much consideration I've come to the conclusion that Chainlink is a meme.
Sirgay is Leo selling you a shitty penny stock.
Jow Forums is all the fat Jona Hills roping fools in.
Good day.
Zachary James
chain link is a piece of infrastructure
the crypto town is turning into crypto city
soon it will be big
you'll want in, but then you will remember this thread
Gavin Edwards
slick marketing buzzwords with zero real world applications
>implying oracle problem is solved
not even close.
Adam Miller
Chainlink is a “solution” to a problem that doesn’t exist or at least isn’t that big of a deal. I put solution in quotations because it’s not even close to being a finished product after 1.5 years.
Justin Baker
When you and a bunch of old men all cum on a sheet of paper
Ryan Thompson
wow thats fucking sad, i knew you were a larper, but I think newfags will still figure it out
Aiden Hall
how do i mine it
Austin Kelly
Not true and this shows you haven’t ‘really’ done your research and just repeat the buzzwords. Exchanges could easily sign their api’s with ethereum private keys along with using whitelisting. BLS signatures could also aggregate oracles’ signed messages.
all you can do is regurgitate what you hear. You’re a LinkNPC
Matthew Perry
I literally was hearing the benny hill music while reading your post.
just a quick question, what happens when the said exchange updates their API, and the output of their webservice is changed or updated?
how can your smartcontract be updated since its temperproof?
Brayden Lopez
fixed
Landon Diaz
>chainlink blockchain
jesus christ cunt
Lincoln Anderson
A gay sex position where men stick there dicks into each others asses to form a link.
Jack Gutierrez
how do I long gay sex?
William Price
By getting AIDS