4000 sats or worse by next month. The project is possibly dead in the water after this knowledge.
Sybil attacks are possible since sybil resistance requires KYC or "trustworthy" node operators. Most people won't KYC because it's antithetical to the idea of crypto itself being decentralized and "anonymous". Therefore, since most operators won't want to KYC, LINK will not be sybil resistant.
Now why does RLC make LINK obsolete in this regard? It's simple. The PoCo algorithm is so well designed that iExec's dOracles can rely on it instead of KYC for sybil resistance.
Boom. I sold all of my LINK at 1.40 because I knew after RLC v3 dumped, that even LINK would dump.
I will not be buying back after learning this. I am all in RLC at the price of 0.43$, about 0.7x ICO price.
Sorry gentlemen, I thought LINK was going to save me just like all of us did, but this is the nail in the coffin.
Wait a minute there nolinker, you're telling me that
>despite hating LINK you monitor the price religiously and make a thread as soon as there is any movement >develop novel and intiutive FUD plotlines using the most up to date information you constantly seek out >dedicate your creative energies to editing maymays with LINK branding >have LINKtrader, GitHub, Gitter, pivotaltracker bookmarked so you can keep up to date with the project you hate >actively participate in a LINK discord or telegram group >know more about LINK than any other project, even more than stinkylinkies themselves.
Have sex my dude
Henry Gray
weak bait. kys faggot
Levi Russell
>no rebuttal >no rebuttal >no rebuttal
You're all doomed.
Gabriel Adams
Repeat after me, There is no trustless solution to sybil attacks.
Dump all your bags before others realize this.
Brayden Thomas
iExec's PoCo algorithm is the only trustless solution to sybil attacks.
>KYC required or be sybil attacked It must be true that LINKfags don't know how to read or understand anything about technology. No wonder all of you act like you're in a cult.
Lincoln Martinez
A whale can still do a sybil attack. Even a discord group of 100 individuals in agreement can sybil attack that shit coin even if it has KYC.
KYC doesn’t stop individuals from organizing to perform malicious attacks.
Kevin Morris
JUST HAVE SEX DUDE
IT ISN'T HARD
John Reyes
Good thing most of the circulating RLC is fairly distributed. No one can do a sybil attack on it and no KYC is required, unlike LINK. Also, no one can agree to do a sybil attack with PoCo because they would lose everything in the process.
KYC definitely curtails the possibility of a sybil attack, but you're giving up your privacy in doing so. That is the major downfall of LINK, and why it will ultimately fail.
RLC is the last ETH-level moonshot in crypto.
Gabriel Lewis
>Sybil attacks Threshold Signatures
Luke White
Threshold sigs have nothing to do with preventing sybil attacks. It's incredible how delusional and uninformed linkikes are.
Ryan Reyes
Bump to save some of you from losing all of your money by believing in an echo chamber cult.
it cost 50 cent to check price of ethereum coin with chain link coin
Matthew Moore
Checked. Also, RLC's dOracle could check the price of ETH before LINK's oracle could. Food for thought.
Nolan Hall
Link will 1000x from here to end of year
Isaiah Price
You're late for the dump fren
Aaron Martinez
Highly doubt it. I guarantee whales are already positioning to sell after they 4x'd. It'll dump down to zero after they realize it's either KYC or get sybil attacked.
Hunter Wright
Lost 40k on these two shitturd scamcoins last couple weeks
>no rebuttal >baseless ad hominem yikes my dude. iExec RLC will be the most used technology within 4 years. iExec based AI and machine learning is going to be huge.
Chase Parker
getting desperate linky
Adrian Ward
Jow Forums strategy with LINK was fucking retarded. Coins live and die on hype. You want LINK to moon? Should have been hyping it to normies right before the blogpost. Now the blogpost's out and Sergey has realized he's too retarded to fix the problem LINK has set out to solve. And NOW Jow Forums wants to pump the coin.
William Sullivan
Hello RLC shill. i was considering buying yesterday, but still unsure.
What about threshold signatures biz has? why is wveryone hyping it?
What about all the partners LINK has like swift?
What about how rlc has been dead in the water for so long while LINK gains?
why would RLC go up now if its been dead?
and how do you refute this link shill ITT who says not to worry about KYC?
Luis Cruz
Why will iexac ai be used so much? I need specific for the use cases. Doesnt seem like it will outweigh the use cases of decentralized oracles
Adrian Edwards
Chainlink isn't crypto its middleware
Jaxson Thompson
RLC is a shitcoin, buy FTM and FSN user
Jordan Russell
Are you retarded or just dishonest? LINK was made for crypto, it should harmonize with crypto's purpose.
Jonathan Martin
Does not help that even the dev team can only say "read the pivot message" and "read the blog post"
I'm not sure what they have in their heads, either they are way too autistic to pull this of, or sergey really does play 4d chess and will btfo us. In any case i do hold a stack, and would be happy to see this working
Robert Rogers
>your coin is stupid >my coin is better and everyone will use it in the future because I said so You sound like every other shitcoin bagholder in the history of biz. Enjoy poverty.
Ethan King
>it should harmonize with crypto's purpose Kek imagine being this fucking gay
Hunter Bennett
>because I said so Or because I have a high enough IQ to connect the dots after doing months of research.
Luis King
Everyone sees you're deflecting.
Oliver Butler
Could you give a brief rundown of what iExec dOracles are? How are they different from Chainlinks?
amswer my fucking questions shill. what happened to no rebuttles
Daniel Sanchez
>docs.iex.ec/doracle.html Oh fuck. I'm halfway through now, and this is actually fucking legit. I've completely discarded iExec until now, didn't even know they were this big.
Not a very subtle RLC shill thread. It reeks in here. Delete and try again streetshitters.
Luis Thomas
You forgot >he doesn’t understand automatic matching vs manual selection >he thinks decentralized == anonymity
Jordan Smith
Point me to where it says in the blog post that anything besides KYC will prevent sybil attacks.
Bagholder cope.
>threshold signatures They have nothing to do with sybil attacks. They essentially just bring the cost of using the oracle down. The same thing is accomplished with iExec's PoA chain. Everyone is hyping it because they don't understand it and are latching onto it as a coping mechanism.
>partnerships RLC arguably has way better partnerships. IBM, Intel, Alibaba cloud, Ubisoft, EDF, and more including the literal French government.
>why is RLC down because mainnet dump, just like LINK is in the process of. RLC is going to pump extremely hard in the next month or two, you can either sit on the sidelines or get in at less than 1x ICO price.
>why would RLC go up Because for one, it's extremely undervalued, and secondly the usage will gradually increase. The singularity for RLC will come, (I'm guessing mining dApps or something AI related), and I'll make sure to post here non stop laughing at everyone that doubted iExec.
>don't worry about KYC or sybil attacks shill It's a cope. They don't truly understand how bad this news is for potential link adoption.
More like a LINK destruction thread. I was all in LINK like most here, but after a ton of research this is just something I cannot logically invest in. RLC is a much safer bet.
Christopher Peterson
>he thinks automatic matching vs manual selection will prevent sybil attacks >he thinks people will KYC >he doesn't know if most people refuse KYC it will be sybil attacked >he is coping Bagholder.
When Bitcoin first launched as a network, all nodes were essentially KYC - all node operators mining on the network were known persons within the cypherpunk mailing list on Usenet, apart from Satoshi himself. Satoshi entrusted these people during the early stage of the network to test out and discover bugs - Hal FInney, the autistic NEET from Finland and some other proto-NEETs could have literally sybil attacked the entire network at the very start, but they didn't because they were invested in the project ideologically and wanted to see it succeed.
Now BTC is still functioning 10 years later without any sybil attacks.
Cope. >comparing a closed beta to launched product Whew lad.
Liam White
BSV is functioning yea. BTC is the fork.
Levi Garcia
just think about how SEETHING you are knowing deep down that LINK will succeed over your shitcoin that you have to make a thread and reply to over half the posts in it.
just imagine.
keep coping, i'm sure your literal who shitcoin will surpass one of the most promising projects in crypto.
Just imagine your cope. Oh wait I can see it from here. LINK is going to be sybil attacked.
Dylan Hill
Oh hey, you're the guy from yesterday. Glad to see you are so focused on aggresively spreading this information instead of working hard to capitalize on it. Way to go.
Eli Johnson
2 years ago the fud was 2 man team, russian scammer 1 year ago the fud was json parser, mainnet never launching, same presentation today it's sybil attacks
yeah the FUD nowadays is literally nothing compared to what it was. you cucks get BTFO every time. see you in a year nolinker. keep coping.
I'm already in position to capitalize from this news. It's just funny informing retards that don't understand crypto and watching them squirm trying to cope. Example, here. Cope. No rebuttal to core argument. Literal cultist manic delusion.
Ryder Taylor
what happened to $1 sibos 17? what happened to $5 eoy 17? what happened to mainnet q2 2018? what happened to $10 eoy 18? ALL OF THE TARGETS YOU FAGGOTS HAVE SET HAVE FAILED EVERY SINGLE ONE EVERY SINGLE PREDICTION- WRONG EVERY SINGLE LARPER- WRONG ENJOY LIVING IN DENIAL
Oliver Miller
>in position >not scrapping together every spare moment he can to further take advantage The amount of time you've spent surveying this thread, yesterday's thread, and the past few like them, belies your 'position'
Leo Cruz
so I ask, who is btfo other than deluded link bag holders? don't you have a folder of no linker screencaps you've been waiting to post for 2 years? oh you don't want to? why's that? because all the posts you screencapped are RIGHT ON THE MONEY
Dylan Sanders
>Jow Forums is one person
you're the delusional one here.
James Lopez
so you are saying only ONE PERSON out of the entire board said these things or things along those lines? NOW THIS IS DELUSIONAL DENIAL COPE LMAOO
Jeremiah Baker
Based and sexpilled.
Easton Martinez
i can smell the newfag from here. you found out about LINK through shitposting, long after the real discussions were over. maybe if you were in those threads you would've known what people actually thought about price dates and development dates instead of muh $1000 eoy spamming.
Isaiah Nguyen
Link holders are the most unintelligent people on this board
Ryder Jones
You don't know how I move my money, or how much money I'm risking in this space. I am always accumulating bottoms. I'm always looking for the next big thing. I'm always looking out for potential coin-killers. This news is a coin-killer.
David Anderson
Decentralized=\= anonymous nigger
Mason Thomas
The coin is killed and you still pay attention to it. Nice
Xavier Brown
Decentralization can equal a form of psuedo anonymity. KYC is straight up asking to get doxxed or suffer from centralization related disasters.
Daniel Collins
>The singularity for RLC will come, (I'm guessing mining dApps or something AI related), and I'll make sure to post here non stop laughing at everyone that doubted iExec. yeah, can you expand on this? Why is AI such a big deal? dApps? so many other coins have dApps too.
Matthew Foster
I was in the pre-sale and sold sibos pump I haven't touched link since bro sorry none of the breadcrumbs you are talking about are legitimate either...
RLC is leading the pack in all of these areas. AI is going to be fucking huge in the next 5 years. Like, I'm talking massive. Remember how big and amazing Google was the first 10 years? AI is going to be even bigger. It's going to change the world and make it more efficient. RLC is currently the only decentralized AI capable product on the market.
The dAppstore is going to take time, but the power of RLC is that it can make centralized Apps into dApps.
Logan Bennett
Decentralized means tamper resistant and natural disaster resistant, not personal data protection, you coping nigger
Hey man, I know you mean well, but it’s clear you’re not a very intelligent poster and are wasting everyone’s time here. Asking me to provide where it says anything besides kyc will prevent Sybil attacks is shifting the burden of proof from you unable to read to telling me to spoonfeed you proof that is readily available in the blogpost to answer your continued idiotic responses. It literally says the kyc thing is for the initial launching of the network. You would realize that after certain network effects have been achieved, and the amount of nodes has grown to a necessary size, Sybil attacks of the kind to attack this network will be almost impossible if not completely impossible. Decentralization does not mean anonymity, and vice versa, and the immediate launching of a network makes it more vulnerable to Sybil attacks than a mature network.
Also you nigger faggot, the kyc thing is optional. The early vetting is to ensure technical safety for the nodes. Kys
You are fucking retarded no wonder you hold RLC. I’m going to make this very simple for you. Reputation providers will have registration services (KYC). If you don’t want to participate in them choose another reputation provider. Manual selection means those requesting can pick nodes from said reputation provider. How can it be Sybil attacked when identities are known?
Just like REQ holders, low IQ RLC bag holders got deservedly F R E N C H E D
Brandon Parker
C O P E
Robert Brooks
>Reputation providers will have registration services (KYC) Centralized. Open to doxxing. >If you don’t want to participate in them choose another reputation provider Centralized. Open to doxxing. >Manual selection means those requesting can pick nodes from said reputation provider Centralized. Open to doxxing.
> How can it be Sybil attacked when identities are known? Because KYC being optional means that everything you just said doesn't matter.
NO KYC = SYBIL ATTACK KYC = CENTRALIZED GARBAGE
Daniel Ortiz
You do realize you’ve been complaining this whole thread about people not answering your shit FUD, and when someone does you just say >C O P E Wew lad. Never gonna make it.
>if I say centralized enough times it’ll come true >projecting my insecurities by calling others bag holders as I hold a sub 100 market cap shitcoin that is bleeding out >reading the white paper that refutes all my arguments is too hard because I don’t understand mathematical notation or how cryptography works Make sure to livestream it when you neck yourself.
Julian Evans
You want one central entity controlling every node? Centralization is disgusting.
Yeah, link is dead in the water after this discover.
AI can literally "think" about and learn something a human can a million times faster and simulate time learned. IE: AlphaStar beating starcraft 2 professionals at a game they've been playing their entire lives. So, basically, AI will be able to have billions of years of knowledge about a subject leading to new advances in everything.
Daniel Ramirez
Because literally everything you're saying is a massive cope since you refuse to admit the problem of KYC vs no KYC to solve links issues.
Nathan Gutierrez
>moving the goal posts Oh first it was both manual and automatic selection were prone to Sybil attacks. Now that I explained it to your brainlet self it’s just automatic selection (non KYC for you brainlet) that’s open to Sybil attacks? Interesting.
Joshua Green
manual and automatic selection do not prevent sybil attacks, otherwise KYC would not be the main factor in preventing sybil attacks.
