The third step

David Bennett
David Bennett

Problem 1: how to avoid double spend. Answer: community consensus model where the people verifying transaction are incentivized to do the right thing -> bitcoin.

Problem 2: ok, but now we want to do more sophisticated transactions with business logic, e.g. a bond that pays out on a set schedule. Answer: community consensus model where the people verify the business logic is followed correctly -> ethereum

Problem 3: ok, but for almost any REAL world contract, we need external data, e.g. what was the rainfall on that date, did the package get delivered, what was the price of a barrel of west texas intermediate crude on a October 1. Answer community consensus model for verifying external data where those validating have skin in the game (via staking collateral) -> chainlink.

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Other urls found in this thread:

ropsten.etherscan.io/tx/0xb2bce34086d0f096cb1583389afdb6551bbc0dac8e2a70eb81dfe0a2a8e6ae5f
mega.nz/#F!DpAz2IgQ!nW7bPNnpJFk5CAV3ypiaHw
youtube.com/watch?v=dQw4w9WgXcQ

Nicholas James
Nicholas James

1) Any shitcoin can give you this type of rationalization for why they are the ones who "solve" "problem 3".
2) Chainlink is already behind other companies that solved that particular problem without needing your NEET bucks.

Camden Thomas
Camden Thomas

What are you leaning at user?

Sebastian Evans
Sebastian Evans

CHASE A DIP
NEVER SWING A LINK

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Gavin Turner
Gavin Turner

What other company has solved the oracle problem again?

Asher Mitchell
Asher Mitchell

Witnet

Lucas Taylor
Lucas Taylor

Working product?

Leo Jones
Leo Jones

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Josiah Nguyen
Josiah Nguyen

Checked. Mask off pilled.

Cameron Jones
Cameron Jones

Checked

Juan Parker
Juan Parker

Checked and linkpilled

Ethan Jenkins
Ethan Jenkins

14 months without browsing Jow Forums and CMC
ALL coins lost value
chainlink is double the price (i left biz when C.L was 21 cents)
Motherfucking linkies

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Ryan Butler
Ryan Butler

checked my dear fren

Austin Baker
Austin Baker

It's near

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Adrian Allen
Adrian Allen

checked

Zachary Jackson
Zachary Jackson

fuck discord niggers
ropsten.etherscan.io/tx/0xb2bce34086d0f096cb1583389afdb6551bbc0dac8e2a70eb81dfe0a2a8e6ae5f
first chainlink transaction with aggregation.

Gabriel Collins
Gabriel Collins

0x8b7a47e50000000000000000000000000000000000000000000000000000000000000001
What did aggregation mean by this?

Matthew Thomas
Matthew Thomas

Too based for me
Link $1keoy

Nathan Brooks
Nathan Brooks

$50000000000000000000000000000000000000000000000000000000000000001 EOY

Eli Miller
Eli Miller

Paid two oracles for pulling SPY stock price from IEX Trading

Hudson Jenkins
Hudson Jenkins

TONIGHT

Ryder Davis
Ryder Davis

chase the dip

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William Morris
William Morris

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!

THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

Christopher White
Christopher White

based witpost

Joseph Richardson
Joseph Richardson

Kek be praised

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Josiah King
Josiah King

ropsten.etherscan.io/tx/0xb2bce34086d0f096cb1583389afdb6551bbc0dac8e2a70eb81dfe0a2a8e6ae5f
Based

Liam Richardson
Liam Richardson

Where do I buy this shitcoin? I dont find it on any exchange

Matthew Robinson
Matthew Robinson

The solution to the double spend problem is to make sure no one has any money to spend.

Christian Hernandez
Christian Hernandez

Checked.

Noah Jenkins
Noah Jenkins

Off brand pajeet

Evan Gomez
Evan Gomez

fuck discord niggers
I take it they are responsible for fud?

Leo Green
Leo Green

Dont be deluded theres better ways to do prob3 then chainlink

Brody Fisher
Brody Fisher

You are a MANIAC

Ayden Ross
Ayden Ross

Care to enlighten us

Gabriel Richardson
Gabriel Richardson

its not a publicly trade token as of right now. Its also being mined right now.
Yes, it has its own blockchain in which tokens get hashed out. The genesis block was hashed 8-10 months ago already.

Julian Lee
Julian Lee

Checked
And up we go

Justin Walker
Justin Walker

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Dominic Stewart
Dominic Stewart

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Carter Morgan
Carter Morgan

It’s time

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