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.
