Right we need to get a daily on staking and how to set up nodes, anyone with any knowledge or who intends to run their own node please post in here and share with us.
Is there anyone who doesn't own any LP shares and intends to stake with them anyway? When mainnet comes out you all want to be staking as soon as possible for maximum profits.
lazy user here that doesn't want to risk my stack and/or set up a useless node that nobody ever uses. will be using linkpool and their NaaS not shilling, you can't have my LP token. am comfy.
Eli Murphy
You get paid in link for running nodes by staking link. The more link you stake the higher priority it will be. You could compare this to mining BTC when it was under $1 back in the day - the potential returns are huge if you are in right from the start.
Jaxson Hughes
I am SirGay's colon - all about to burst by the amount of shit that piles on when I hear the word 'partnership'
How much am i getting fucked by not owning lp shares
William Jackson
"Fundamentally we're all nodes in the future... Nodes made of cheese." Sloppy Sergers
Aiden Allen
Just have to wait for 6+ months LP holders get priority
Samuel Brooks
LP people get priority staking... not sure how much that will effect your profits... who LP also take a share... any LP fags in here wanna weigh in on how it works?
Jackson Jackson
How does Linkpool work? Isn't it a scam?
Cooper Brown
LP shares gives you right to a cut of the 25% fee the site collects, while if you just stake you get 75% of the total rewards and the remaining 25% gets split proportionally between LP owners. Just read it.
Easton Jenkins
HOLD UP, why would they make me wait 6 months?
Jaxson Harris
Go read their latest medium article
James Johnson
You won't be able to stake with them for a year after they launch. Also they won't launch on mainnet, they won't be ready.
Joseph Green
Linkpool doesn't want their nodes representing more than a certain percentage of the total chainlink ecosystem, as it will degrade the security of the network due to centralization.
Additionally, when the network launches there will be very little traffic. This means that people who have signed up won't be able to stake the full amount they signed up with until the ecosystem starts to develop at scale.
Six months is a guess for how long it will take for the ecosystem to grow large enough that everyone who has already signed up will be fully staked, but Linkpool will still be under it's self-imposed size restrictions. At that point they would then be open to new stakers.
Christian Fisher
i think it won't be possible to stake without lp shares, they are only alowed to stake x amount of link cause otherwise it won't be decentralized
Xavier Thompson
WHICH ONE OF YOU FAGGOTS IS DUMPING?
Daniel Nguyen
Well Fuck, I'' just wait til then. After that Ill just stake perma
Jordan Clark
If LP are not launching on mainnet then potentially running your own node will return big gains in link
Kayden Jenkins
I'm actually kinda mad. I didn't realize the importance of shares.
Anthony Mitchell
They've already said they will launch Just no staking till penalty contracts are complete Chainlink need to finish the penalty contracts for that part to work
Might be worth just chucking in 10k on launch and seeing if any returns are made then. I dont really want to go to the effort of setting up my own node - you would need to rent a sever to guarantee the up time which would probably cost more than the returns in staking.
Brandon Thomas
imma just wait on coinbase to start staking
Juan Long
They also wont be able to go live till penalty contracts are live
Charles Howard
are coinbase going to let you stake link with them?
Ian Cox
>is running a node hard?
It'll be pretty hard considering running a node won't even be possible because Chainlink is a scam. I don't even care if you believe me or not because come end of May, you'll know the truth.
Anthony Butler
Fundamentally checked
Gabriel Stewart
Rumoured
Leo Walker
>to consider Link pool not an option. Thank you for the check sir.
I wish I could grand you the same, no promises, been a rough week.
Coinbase Custody is staking Tezos. It makes sense in the future they'll add more staking coins/tokens, so if LINK is actually legit they'll definitely add it.
Unfortunately for almost everyone here, Coinbase Custody requires you have at least $1MM USD in crypto assets to open an account with them.
James Foster
>Fundamentally, is running a node hard? no, they will make it retard proof. part of sergey's vision is specifically for average users to be able to stake. of course if you're a lazy shit you will find excuses to procrastinate or use 3rd party services like linkpool
Connor Reyes
checked, wtf man 1MM USD in assets that's ridiculous. Not a fan of cuckbase anyway
Setting up the node is easy its just finding a safe way to run it with no power cuts and good security, IE a server. Not sure you could just stake off a home PC as its not reliable enough.
Luke Morris
This is not true. Nothing about maintaining 100% uptime, investing in API feeds, building up reputation and do all of that profitably is simple.
>Not sure you could just stake off a home PC as its not reliable enough we are supposed to be using cloud servers/virtual hosts. they are pretty cheap too, 10-20$/month
>100% uptime cloud servers >investing in API feeds that's a rumor spread by those scam 3rd party services to trick you into giving them 25% of your profit >building up reputation not a problem unless you're not using a cloud server (and are susceptible to power cuts) or you are a malicious user >profitably unless you stake your lunch money, those 10$/month are definitely going to be paid back
Cameron Watson
Just add a fiews or similar ETH subscription
Colton Miller
I have 16k and 2 of my friends also have 15k stacks. We were thinking of all putting together and renting a cloud server. Hopefully this will be ideal
Bentley Martin
Dude this isn't just a random masternode that does nothing. You're selling data. For that you need to own data, that means you have to buy api feeds which are far from cheap. Holy fuck the amount of newfags is growing rapidly.
Matthew Bell
no you're a retard who bought to the "you gotta buy 50-200$ dollars API feeds" rumour spread by linkpool i honestly feel sorry for you
Nathaniel Perez
Well you have to offer something. If it's something that anyone can do, then expect the staking rewards to go down due to competition unless you can provide a high amount of collateral.
Jason Cruz
Security and the integrity of LinkPool is paramount, and with the on-chain contracts now being trustless, it allows us to safely secure the LINK tokens within a smart contract that retains ownership to the address of the staker rather than transferring ownership to the node. The tokens staked within the network will be held within Chainlink contracts.You and only you can transfer the ownership of these tokens away from the node to your own address, including hardware wallets.
You can stake if you have LP shares. live once there is deposits and penalty feature on MN
nah, plenty of eth node services and premium api sources to manage your node
retard
kek'd
what sources are you going to provide?
Brody Diaz
"friends" for now sirs when linkies become 1k one will be easily temptd to betray
Wyatt Bennett
when you say 'what sources' what do you mean, on all the tutorials i can find about setting up a node it doesn't go into this. how can i go about getting the sources i need to provide?
Tyler Flores
checked and i'm not worried, we all grew up together and live in the same town.
