Reminder that $10 is only a $3.5b market cap

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no, it's a $10b market cap, retard.

>350 million x $10 = $10 billion

What prevents people from forking chainlink and create their own, better and more optimized versions? What prevents oracle, SAP and Amazon AWS from forking?

>what is total marketcap

The ongoing maintenance and trust of the system. There will be a core team working on constantly upgrading and adding features to the network. It will be a life's work.

>Muh market cap
You retards need to realize this is a new asset class and cannot be valued according to traditional metrics

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Sure we'll have to wait for the details in the blog next week.

Its open source, so nothing
The value is in the network of independent node operators coupled with first mover advantage

Its like forking the internet. You can do it, like mpls ip vpn networks, but you'll just end up needing a link to the original internet unless you want to operate in isolation

Sergey can't be trusted to chose what clothes he wears daily. What makes you think anyone that matters would trust a major portion of their business to him???

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Does chainlink have an insurmountable lead in this space? It doesn't even have a main net yet. What's to stop an established business from just forking the source and doing everything better and faster??

Wow, I had never thought of this. Damn...

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Maybe someday you too can have sex like Linus did. Gotta keep the dream alive champ.

lol retard

Why would big data trust a small dev team over AWS? Im not even fuding here. I think ChainLink is a solid project, but when people can fork it i cannot see it to go to 1000$

This is exactly my concern. Heck i even hold ChainLink. But its the reason why i never put much into it. I am more bullish on ethereum.

Why would you be bullish on a shitcoin factory operating in a data silo. I'm going to kick you in the ribs

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>Does chainlink have an insurmountable lead in this space?
Yes
>What's to stop an established business from just forking the source and doing everything better and faster??
Nothing

There will be others, but like RHEL, there will the an industry leading standard

All fudge was successfully killed in a single move by Sergey.
He announced a date for mainnet.
Months and months of fud, both fake and genuine, killed off in a single move.

>What prevents people from forking chainlink and create their own, better and more optimized versions?
Same thing that prevents people from forking Bitcoin and ETH: nothing since they're open source.
The value is in the network.

This. When something so financially viable, and potentially destructive, can just be replicated by leading powers of course it will be. This might be a proof of concept for them, they may even take im a few members of the team but ultimately they hold all the cards. You need their big adoption and that's that. They don't want neets getting a tonne of money.

Because chainlink isn't just a token you brainlet, it's an entire ecosystem, marketplace and decentralized network of nodes. The network is expanding tenfold as we speak

Bitcoin and eth have been forked and raped, both would be in a much better situation had this not happened.

But with no real customers. I can have the best sporting competition on earth by rules but if no athletes come do I really?

This is super old fud. Hope you are just memeing. Nothing in this space is immune to forks, that's why we have shit like Dogecoin.
The danger only comes if the project can be forked without losing value, e.g. an open source browser that costs money can be forked to be free.

Open source software is trusted everyday in banks. All the apache projects, beam, flink, shit like dremio
Big data projects are built on small dev team tech every day

low tier bait, kys

>both would be in a much better situation had this not happened.
lmao, bullshit

>Why would big data trust a small dev team over AWS?
Didn't know AWS was building a decentralized oracle system.

Bitcoin got forked and its still on top.. the same will happen to chainlink, they will be the first and the biggest in the field.

Bitcoin mooned from its previous ATH of ~1.2k straight to 20k after the BCH fork.
The idea that forks harmed BTC is just ludicrous.

>after the BCH fork
*and in anticipation of the BCH fork.

>Didn't know AWS was building a decentralized oracle system.

Not yet, but it would perfectly fit in their portfolio. They let ChainLink do the magic. When mainnet is up they will simply fork it and create their own private version.

>When mainnet is up they will simply fork it and create their own private version.
Like they did with ETH?

Or just offer nodes as prebuilt images for ec2 instances? Like they do with other open source software and linux flavors they offer

...dude forking ETH is like forking the infrastructure itselfs. At this point it is hard to achieve this amount of adoption.

But forking something that is open source and early after mainnet is done. Could be considered a smart move, i would be a big data company.

Im not saying that chainlink is bad or unimportend. I am just glad that people invested in it, so it could be finished quicker. My chainlink stack is just not as big as yours. I would even like it if Chainlink hits 1000$ EOY. So no offense, man. :>

But then amazon and its private consortium assume all the oracle node operator AND 'mining' risks, also other businesses wouldn't see it as neutral ground. It's not a good idea for them to do that. Distributed risk is most of the value proposition of a decentralized ledger, and private blockchains put pointless arbitrary limit on how much you can distribute the risk.

>But again, wouldn´t companies prefer trusting a big private oracle system more? I can see chainlink working well for stuff like online gambling. But what about sensitive data that should not be available in public. For example running a automated factory. Isnt AWS the first you would ask for something liek that?

Wow where have I heard this EXACT same FUD before. Oh right, with every other coin that mooned 100x

wow, someone who isn't a complete tard on biz

>unimportend

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>what is TEE?
It's like you haven't even read anything about LINK

linkmarines hodling and stabilizing the price

>TEEs
>zk proofs
>distributed risk
Eventually it is in amazon's (and everyone else's) best interest to work with an independent system that maximally distributes risk. Right now everyone effectively entrusts amazon with their sensitive transactional data anyway. Amazon would like to minimize their responsibility while maintaining profits, and working within a decentralized public network for the dangerous stuff gives them that opportunity.

>...dude forking ETH is like forking the infrastructure itselfs
Just like Chainlink.

>But forking something that is open source
Just like ETH.

It's so very obvious you're clueless, just stop.

So this would .... mean Amazon would give the hot potatoes to chainlink? But why again is that considered a trillion dollar market?

You might be dense if you think forking ethereum is the same as forking chainlink which will just release a juicy open source mainnet in end of may.

> he doenst know about chad o fork.

Yes, getting work from someone means they passed the hot potato to you.
Are you 5 years old?

And ETH released its juicy open source mainnet in 2015. Your point?

>my subway token controlled at 65% by a Sergey is worth at least 10 billlions!

Deluded linktards

deluded linktards

Your FUD hasn’t worked in months you worthless faggot. Not selling

This is true
But I think it's somewhat useful to be able to compare market caps crypto to crypto
Like when looking at the peak market caps of cryptos you can see the potential of what prices can reach
Buying based on market cap is sub human nigger IQ but if the fundamentals and product is there like LINK it's just fun to speculate

Is it worth getting a linkpool as a guy who only has 18k Linkies??